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Will take off pretty quick when they can reopen. Not sure why pubs can reopen but bowling alleys can’t. Not long to wait I suspect. Really confident with my decision to transfer into this Co.
Had a copy of a certain tip sheet e-mailed through to me............stock Ive bought Ive had my eye on for a while, and must be coming out and opening today ?, maybe wrong anyway Ive taken a big position in it. BOWL Holywood Bowl
Looks like its on a support line from the chart, although it could break lower to 140p.
https://uk.advfn.com/p.php?pid=legacydaily&epic=L^BOWL&type=4&size=3&period=4&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=10&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES
Properly fancy this stock, will buy in soon, don’t think much upside till reopening so I’ll wait whilst my current reopening play, plays out... but I really liked this pre covid and it was a bit too expensive for my tastes so I think it’s a blessing (for me, obviously others will have lost) I can’t see it being long till back to normal.
Ok then.
Leverage hasn’t changed, and neither have their leases. IFRS16 just shows what the lease cost is on the BS - if the Board didn’t already know the operating lease commitments number (note 24 in the annual report), then I would be surprised.
Re the refurbishments you haven’t read the half year presentation then - the ones that have been done before and then done again (they call them 2nd generation) are still getting good returns. They also said their new centre returns on net capex are over 50%.
An opinion is fine but the facts should also be shown
Reopening in July. :D Should see a SP spike today.
I think it’s a great help....a very new poster who picks BOWL as the second share page to post on with no holding and no intention of buying.....bored or shorting or both...don’t really care TBH.
Hahahah. Hilarious post.
You have read the previous comments haven't you? The whole deramping game doesn't seem to work well with this share.
Way to overlevereged when you include IFRS16 operating leases
Operating margins will peak soon as they nearly have ran out of refurbishments to do.
Their WACC is way too high and the ROIC from new bowling arena's seems to be too low.
If they recorded footfall when they reopen so we can get a gauge of how put off the public is...touching surfaces that others have touched will put. Few people off
IC View:
Hollywood Bowl shored up its balance sheet with a £10.9m placing post period-end, and has also secured additional headroom with lenders. With a monthly cash burn of £1.2m versus estimated liquidity of around £35m, Peel Hunt analysts reckon the company has sufficient liquidity to survive the closure period into late 2021. But the bottom line is whether punters will be rolling in the aisles once trading resumes (hopefully in Q320). Some customers may be apprehensive about mingling in public, but we envisage that demographic factors will work in the company's favour. A forward PE multiple of 12 is not extravagant given the underlying performance. Buy for long-term growth.
Suspect no surprises in my view.
They said at their placing that EBITDA was up 18% to end of Feb but suspect March will be down YOY a lot given Covid. Prob still up at EBITDA for the half pre IFRS16 funnies. Cash burn was £1.6m per month at placing - wonder if they have any successes on rent for June QTR. It will then all be about when reopening is.
Interim results tomorrow. Whats everyones thoughts?
Hmm...still feeling confident for the 70p? Meanwhile I am rather enjoying this ride!
Never say never!!
Naaa not at you. Just at the person whoever said 70p
Assume that was not aimed at me Kas. Been quite clear that I don’t see 70p.
Good luck with them dropping to 70p that won’t happen . They’re gonna just go up and up. Have you read they’re latest annual report?. 50% of the people that purchase shares don’t do they’re homework then they wonder why they lose money and they just go on what other people say??????
Still waiting for the 70p predicted here.......would be a big drop considering the accelerated book build price....
£10m surely covers any funding risks for a good while here? Not sure that 70p is coming....
With SP's more often then not, "the past is the key to the future." By dropping to 70p, the stock gas effectively served "notice of intent" in other words it will visit 70p again.what could have changed about HB in a couple of days that warrant a SP more than twice it was a couple of days ago?
Good morning all,
And I hope you are all well, like myself you are getting bored. However I degress I had a good holding of shares in BOWL , towards the end of February I decided to sell the majoriry of my shares in various companies, with regards to BOWL I did reduce my holding but I have retained a few shares to monitor the SP, it is higly likely that I will buy BOWL in due course.
As to when and what price I do not know. That could b £1, 70p or 50p. Not in the market for second guessing. BOWL are a stong company and have an excellent business model.
Keep well
DAR
Surprised it's still moving up. I was expecting a crash, to 50p at least.
Yup, I couldn’t see it hitting 70p yet alone 50p, but if it does I will be back to both acknowledge this for you and increase my holding as I will have purchased some before then for sure.
And even below 50p which is where I intend to jump in.
You wouldn't touch these all though they will recover strongly.........don't you like making a profit? And 70p fall, what 70p fall? Some people should not be allowed near the stock market, and I'm afraid it appears you are one of them.
The 70p fall I think reflects a future recovery price, so I see it falling a lot lower than this. I wouldn't touch these at even 50p, although, rest assured these will recover strongly.