Share Name Share Symbol Market Type Share ISIN Share Description
Revolution Bars Group Plc LSE:RBG London Ordinary Share GB00BVDPPV41 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.35 1.57% 22.60 282,655 16:35:18
Bid Price Offer Price High Price Low Price Open Price
22.00 22.50 22.25 22.25 22.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 110.07 -31.72 -70.30 52
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:18 UT 1,209 22.60 GBX

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Date Time Title Posts
22/10/202121:22REVOLUTION BARS GRP2,452
26/5/202123:39Revolution Bars Group36

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Revolution Bars (RBG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-10-26 15:35:1822.601,209273.23UT
2021-10-26 14:28:5222.095,5001,214.73O
2021-10-26 14:28:1022.0915,6003,445.42O
2021-10-26 13:42:1722.0925,0005,521.50O
2021-10-26 13:38:1922.001,481325.82O
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Revolution Bars (RBG) Top Chat Posts

Revolution Bars Daily Update: Revolution Bars Group Plc is listed in the Travel & Leisure sector of the London Stock Exchange with ticker RBG. The last closing price for Revolution Bars was 22.25p.
Revolution Bars Group Plc has a 4 week average price of 21.80p and a 12 week average price of 21p.
The 1 year high share price is 41.50p while the 1 year low share price is currently 8.50p.
There are currently 230,048,520 shares in issue and the average daily traded volume is 612,751 shares. The market capitalisation of Revolution Bars Group Plc is £51,990,965.52.
purplepelmets: Interesting article in sundays Daily Fail. RBG should be trading similarly. Bodes well for our next update. "Now that going out is back on the menu, the latest figures from M&B suggest that punters are making up for lost time. Over the past eight weeks, sales were at 104 per cent of their pre-pandemic levels for the same time of year, although Urban says the recovery is 'volatile', with food-led pubs recovering more strongly, particularly at the premium end of the market. "
puzzler2: Just waiting for RBG to tell us so - perhaps an update in early October to provide preliminary results for 2021, plus an update on Q1 trading.
idriveajag: Those in the know (including six Directors) have been adding to their stakes in Revolution Bars Group, suggesting now is the time to buy: 23/9/2021 - M. Ward - Increased holding from 5.88% to 9.83% (22.61m shares) 28/6/2021 - Eldrose Babu (Dubai) - Increased holding from 6.58% to 7.01% (16.14m shares) 22/6/2021 - Alexandra Young (RBG Sales & Marketing Dir) - Bought 8,951 at 25p 18/6/2021 - Eldrose Babu (Dubai) - Increased holding from 2.87% to 6.58% (15.14m shares) 15/6/2021 - Will Tuffy (RBG Non Exec Dir) - Bought 9,240 at 21.5p (Now 100,000 shares) 19/5/2021 - River Mercantile (Clients) - Increased holding from 4.46% to 5.27% (Now 6.59m shares) 26/5/2021 - RBG Directors - Bought in Placing: - Keith Edelman - 200,000 shares - Rob Ritcher - 375,000 shares - Danielle Davies - 75,000 shares - William Tuffy - 37,500 shares
idriveajag: Mark Ward has just increased his holding in Revolution Bars Group from 5.8% to 9.8%, and four directors also bought into the May 2021 fund raise. Mark W is no fool and clearly the directors are feeling bullish. Buy RBG.hTTps://uk.advfn.com/stock-market/london/revolution-bars-RBG/share-news/Revolution-Bars-Group-Holdings-in-Company/86118599
puzzler2: Back in late 2017 sentiment took the share price above 210p, which gave RBG a market cap then of £106m. Pre-Covid in FY 2020 net bank debt had been reduced by £6.5m due to the business' strong cash generation, but the business is leaner now and the worst performing units have been disposed of. Furthermore the business has already recovered to 86% of pre-Covid levels. So post 19 July, freedom day, cash generation could be better and at say £8m, if this is equivalent to net profit, at a £100m market cap that equates to a P/E of 12.5, so not beyond the realms of possibility. I do agree though - set a target share price and sell.
paulypilot: Only one site, I know, but out of curiosity I walked past Revs in Bournemouth at 21:45 last night - absolutely heaving, with a queue outside to get in. Mind you, everywhere looked & sounded busy. Seems much busier than during the summer re-opening last year. Also the data is now very encouraging. Ignore case numbers, as they don't matter now that most people have been vaccinated. Of people who have been double-vaccinated, there have only been about 220 deaths (per Sunday Times), probably many with serious health issues before covid (not disclosed in the article). Of that 220, only 4 deaths of double vaccinated were under 50, and almost certainly had other serious health problems. The young have worked out they are not at risk, so want to party. Who can blame them? Revs likely to have a bonanza between now & Xmas. Could even go net cash, given that most of the existing debt has been cleared with 2 very dilutive placings. For shareholders, the trick is to massively increase position size when they're dirt cheap & everyone is negative, then let them go when the price shoots up on positive trading updates & sentiment. Also, if we stand our ground in the placings (could buy at same or cheaper level in the market afterwards), averaging down heavily, then all it needs is a (say) 50% subsequent rise, to recoup all previous losses and more. This point is made well in The Art of Execution - don't be a rabbit, stuck in the headlights. Either sell up and walk away, or average down at the lows and get your money back. Obviously that only works with good, cash generative businesses like this one. Going forwards, at the last placing, the CEO indicated the new funds would allow them to buy about 10 good new sites on great deals, refurbish the old sites that need it, and of course rather glossed over (!) it got the bank off the hook. Another factor is that the company now has plenty of liquidity if, heaven forbid, we get another resurgence of covid (worst case scenario is if it mutates to becoming resistant to the vaccines). Rents reduced thanks to mainly consensual deals, plus the CVA dealt with stragglers where agreement couldn't be reached. So all the loss-making sites now gone. Hence this is a better & more profitable business after the pandemic, than it was previously. Less competition too, at least for a while. There's loads of money going into this sector, so I wouldn't be surprised if someone bids for Revs. We've got to remember the share count has greatly increased, from 50m pre-pandemic, to 230m now. Therefore it's pointless looking at previous highs on the chart, as those are now irrelevant. My target range is 30-40p, as before. Worked out very well selling at that price previously, then buying back at 20-22p more recently. I like the ideas management have for new concepts too. An all-day work/social space, which I think they're trialling in Swansea? Sounds similar to Coppa Club, being rolled out by Various Eateries (VARE), and well suited to RBG's large, under-utilised premises. Mgt also talked about a retro games theme, and something a bit like an indoor market, with hairdresser, nail salon, and things like that actually inside the bar during the day, then packing that away each night for the lucrative late night party evenings. All these ideas can be tried out for a relatively modest amount of capex, and if they work, roll them out. Good potential upside. I think mgt are excellent hands-on operators. Not the best at handling corporate finance matters though. Going forwards it's clear the company needs a much stronger balance sheet, we should forget about divis for a while, I'd like to see it move into a strong net cash position, and keep that as a safety reserve in case of future pandemics. Also maybe buy freeholds, through a SPV, and/or negotiate leases with clear roadmap for what happens in the event of another pandemic. Although landlords of best sites probably wouldn't agree to anything like that unfortunately.
puzzler2: Not really comparable imo - former businesses in administration always attract lower prices when in a fire sale. In their most recent RNS, RBG has already reported that "our bars traded extremely well within the restrictions in place since 12 April" and post 19 July I would have thought that trading is seeing a daily improvement. In the past RBG has been a strong cash generator and will become one again, so I'm expecting the present gradual share price improvement to continue.
74tom: Why would you sell at 23p? At 4.29pm last night there were 125m shares in issue with a share price of 0.34p, the company had an equity value of £42.5m with debt of £28.5m. An overall value of £71m This morning at 23p, with 230m shares in issue, the company has an equity value of £52.9m and an additional £21m cash to offset against debt (£10m) and some to grow the business. An overall value of £52.9 + £28.5 - £21 = £60m At around 27p the valuation would be the same as it was pre close, however they now have all that additional cash which reduces risk substantially. I agree with the 45p price target, this would put in it line with the likes of VARE which is valued at 87m.
jimbomorry: More positive news pubs reopening in 6-weeks: terraces and beer gardens first. RBG bars have terraces and gardens. Shouldn't do share price any harm. IMHO think we'll see some accumulation during remainder of Feb with share price moving higher during March.
kenmitch: 32campomar Agree the jury is out on Revolution Bars, but don’t agree with your dead man walking assessment. The fit and healthy young are far less affected by the virus and there is clear evidence now that millions have had Covid without realising it. The young are often more hung ho than older folk who are more at risk. The evidence from the many Countries where lockdowns have been eased or ended for weeks is how quickly things got back to normal. Good chance the same will happen here too. Also worth reminding that 99.999% of UK citizens have not died from the virus so far. Revolution Bars is now in far more secure position financially than it was, and would survive even if no trading this year. That scenario now seems very unlikely. Hence the share price almost doubling since I bought three days ago. Agree there’s a risk of the virus returning with a vengeance, and if still with no vaccine available that would be a huge negative for many Companies and even more so for Revolution Bars, but that’s unlikely to affect the RBG share price for a while. So imo your “dead man walking” seems a bit extreme!
Revolution Bars share price data is direct from the London Stock Exchange
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