Archived articleThis is an archived article from 2021 - please note that any content within the article may be out of date.
Revolution Bars - RBG - general discussion
Hi, it's Paul here. I'm just trialling an idea, to see if people take to it. Instead of discussion all getting sucked into the SCVRs, I thought let's have some general discussion threads for individual companies, so that we can share news & views any time.
Please feel free to post anything about Revolution Bars (LON:RBG) in the comments to this thread.
Rational bull & bear views welcomed. Please keep it civil (that's a message to self as much as anyone else!) ;-)
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20 comments
Revolution Bars (LON:RBG) (no position)
A video update/interview from the CEO:
https://www.morningadvertiser....
I'm a big fan of this company and its high cash generation, but glad I don't hold right now.
The CEO is very clear that current trading is dire. Last year the H1 results were published in April - so no immediate info for the market to respond to (and possibly over react). It seems like a very volatile situation. Worst case scenario is a lethal covid pi (next Greek letter). Best case is that Omicron burns itself out and life returns to normal. It feels very much like a gamble.
I think there is clearly upside to 25p, although I'm not convinced on anything higher for a while yet. Its on my watch list with a number of similar puntable stocks.
Would I buy today ? no, I would like to see what government announcements occur on Boxing Day, by that time we will definitely see a correlation, or not, between infection rates and hospitalisation, and a more grounded view of our trajectory into Spring. Also RBG will not report seasonal takings until well into January or later, so no rush to buy now. There may be a blip tomorrow given coverage in the Times, but as we all know, a blip doesn't make a heartbeat or a trend.
Tipped in The Sunday Times 19/12/2021
Saw that, felt it’s odd timing to tip this share. If lockdown restrictions come in revs will be most impacted. Feel this share is a coin toss investment at the moment, mo more lockdowns will do really well, more lockdowns will significantly impact.
The article seems to be a simple rehash of the pros that have been pointed out many times already. Little mention of the not inconsiderable cons.
This is the issue with most tips, you only get one side of the story.
I hold Revolution Bars (LON:RBG)
Just a quick note to say I’ve steered my group of friends into the local Revolution bar in Cheltenham to see what the footfall is like after the recent uncertainty coming from government over how people should be socialising.
It is completely full in here and people being turned away, lots of young students who are either oblivious or wilfully disregarding recent advice. Bad generally I guess but good for holders.
Cal
”either oblivious or wilfully disregarding recent advice.”
Sounds like they may be politicians.
Hi Cal H,
Revolution Bars (LON:RBG) (I hold). Same here. Cheltenham bars and Revolution Bars (LON:RBG) have been very busy recently. Restaurants possibly quiet but bars with something special to offer young people are doing business. I suspect it just depends on the core demographic of each business.
In the past I have found Cheltenham appears to be a reasonable sample of middle England outlook. Not a big city but also not a country town. Somewhere in between.
The people going to bars are not breaking any rules so why shouldn't they? Cant blame them. Its Christmas and they are young and need social interaction more than older people.
Hi Revs8,
Yes absolutely nothing being done wrong, it's also not lost on me that I'm in there myself as part of that group! The door staff to be fair were diligently checking everyone's Covid Passport on entry.
What was interesting from speaking to people in there is that they seem far more concerned with drinks spiking than Covid. For that sample of young people getting their drink spiked was a more tangible threat to their wellbeing - a lot were opting for bottled drinks and the bar were giving out those anti-spike widgets that go in the top of the bottle.
Saw a snippet on the FT today. Bodes well? Looks like pent up demand up vs 2019. Hope it continues in Aug...
Don't forget the last two weeks of July had elevated covid cases, so maybe the growth is even higher in Aug now that cases have declined.
"Entry into nightclubs, which have been able to open their doors since July 19, picked up with sales climbing 350 per cent from two years ago, the events and ticketing platform FIXR said on Wednesday. The average number sold per event in London rose 25 per cent last month over the level in 2019."
Seems like with a decent bit of weather RBG are set to recover , huge dilution of shares @20p unhelpful to see where the price could go to, any thoughts on an end of year target for these, if many of the bars are full from May to Sept, surely 30p is a realistic price ?
I hold just breaking even... Bars and outdoor pubs seem to be getting busier by the week so hopeful these will take off with the next heatwave
Fee compared to other shares in the sector these look cheap. Also feel they will be having bumper trade with everyone trapped in the UK this summer. Hopefully it’s time for this share to perform, time will tell.
37% down on these, but I am continuing to hold because, hopefully, when things get back to normal, I will be able to at least get my money back.
I love this idea though and a great addition to the SCVR.
This is a great idea. Thank you Paul. I am looking forward to a report on your most recent visit to one of their bars.
This is great Paul. Super useful. Again it would be good to have your last excellent Small cap report on the header.
Hi marcusb,
I deliberately set up the headers so that they won't need updating. Otherwise it would take up too much time. So the idea is everything goes in the comments. Then when it becomes too full, we can start a new thread and mark the old one as archived.
Regards, Paul.
Perfect Plan Paul.