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Group's results for the 53 weeks ending 3 July 2022 will be SIGNIFICANTLY AHEAD of current market expectations!
Positive update!
Loads of cash
Expanding
68% increase compared to the same period in 2019, when there were no COVID-19 restrictions
Amazing
15-Nov-2021 results
https://www.cateringtoday.co.uk/news/pubs-and-bars/nightcap-plc-to-open-three-new-london-****tail-club-sites/
When are final results due? I can’t find anything on it and we had interim 7 months ago!
Shouldn't we have had the final results by now? Interim were 7 months ago!
Very low volumes. I woudn't say it's tanking. I've taken my position ready for the next trading update, quite confident here.
Anyone know why these are going so terrible? Bars are open and from what I’ve seen they’re busy
Exactly! Good buying opportunity right now.
This was doing better when the bars were closed in lockdown!
This was doing when the bars were closed in lockdown!
Bought a few here this morning. Price has weakened over the summer which is at odds with trading that can only have improved wince the last update, continued roll out of site. This this will do well over the next few years. Will continue to add to position unless the story changes.
We’re all in the bars drinking ****tails! It’s busy in there - should have decent results coming :)
If you folks are not here, is there anyone talking about NGHT anywhere else e.g. on telegram?
Yes, Positive RNS. Interesting rather downbeat assessment of the RNS by Paul Scott of Stockopedia this morning. Unsurprising though as he is a shareholder of revolution bars who he recommends.
(Not good Stockopedia......... you should be following your own guidelines.)
New London ****tail sit in Bristol and ‘The Company's bars have continued to trade well ahead of management's expectations since the relaxation of the UK Government's Covid restrictions on 19 July 2021 and the Company has put in place procedures to ensure that all of its bars remain open and appropriately staffed throughout’
I’ve done some consumer research ( no need to thank me) and the bars in London seem to be doing a great trade, almost impossible to get in. I expect the next trading update to be very positive.
Yup, I'm in.
Sentiment no doubt hit by scare stories about the 21st date being delayed. That definitely creates a buying opportunity here, as these bars are trading extremely well even with the restrictive measures in place. Many have large outdoor spaces and with the great weather are packed out from what I understand. EVEN IF, they had to delay or v worst case close again (which I can't see) they they have v little cash burn when fully closed vs sprawling bar chains such as Revolution. So...hold tight (or buy) for news of a trading update and/or further acquisitions.
Share Tip Buddy - 'One To Watch' - Nightcap
https://share-tip-buddy.blogspot.com/2021/05/blog-5.html
The 'unknown' at 09.42, 20760 shares was my buy
He was bang on the money with Quindell.
I don't care for his style, but he does highlight food for thought at times.
The company will not be going bust. Far from it.
That's true.
It's just dangerous when ill informed people with a platform say that companies are going to go bust when that's not the case, it can damage the company and obviously impacts shareholders.
With his background it's clear to see he's not a nice person. Each to their own though.
Anyway... Good day for the stock!
Bobby
TW is a marmite character and I accept that. It is fine using a quote in a discussion but it would be nice to put it in context by including the second part of the quote. Essentially, there is no smoke without fire, is the message that I take from his comments. It is just one of many pieces of information that one comes across when researching a company. No company is perfect so i will look at good and bad reports.