The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRev Bars Share News (RBG)

Share Price Information for Rev Bars (RBG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.65
Bid: 1.50
Ask: 1.80
Change: 0.00 (0.00%)
Spread: 0.30 (20.00%)
Open: 1.65
High: 1.65
Low: 1.65
Prev. Close: 1.65
RBG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday share tips: Revolution Bars, K3 Capital

Sun, 19th Dec 2021 12:35

(Sharecast News) - Revolution Bars is worth a punt, a small one, admittedly, the Sunday Times's Jim Armitage told readers, and even then it is a very high risk punt.


In essence, one would be taking a punt on the return to normality being quicker than feared, with everyone "revenge partying" once it does come.

Key to Armitage's thinking, Revolution's venues cater mostly to the twentysomething crowd, the most likely cohort to indulge in revelry after weeks of being cooped up.

The company's shares were trading at their lowest since last January and its valuation multiples were at half their level last May.

Furthermore, with £4.6m cash on hand as of November, it was in a better position than rivals to weather a storm.

Fewer rival nightclubs and bars competing for its customers might also spur an even bigger bounceback than when restrictions were fully ended in July, Armitage said.

"If you are really optimistic, you can believe that there will be no club and bar closures, and that youngsters who cancelled their Christmas parties for fear of infecting granny on the 25th will have a wild week before New Year.

"Unlikely, I grant you, but at this price it is worth a flutter. Have a shot."



The Financial Mail on Sunday's Midas column recommended readers 'buy' shares of K3 Capital, predicting that they would increase "materially" in value over the next few years.

The adviser to small and medium-sized enterprises is growing at a blistering pace, having sold 167 businesses during the first half and with another 250 transactions expected to close over the full year, putting it far ahead of peers in terms in terms of deals volume.

K3 Capital's database covered nearly half of the roughly 4.0m SMEs in the UK and the firm actively pitched possible deals to these companies, while keeping them abreast of consolidation in their locality or sector.

It also offered tax advice, insolvency and corporate restructuring services.

Analysts anticipate more than 20% growth in annual turnover to £57m for the year ending in May 2022, for a 30% increase in profit to £17.7m, and even stronger growth in 2023.

The company has also guided towards a jump in its dividend payout from 9.1p per share in 2021 to 15.5p in 2023.

Worth noting, K3's chief executive officer, John Rigby, has his sights set on a £1.0bn valuation for the company, versus about £256m at last count.

"At £3.50, the shares are a buy - and the dividend provides an attractive 3.5 per cent yield on top."
More News
2 May 2024 11:56

UPDATE: Nightcap confirms talks for potential buy of Revolution Bars

(Alliance News) - Nightcap PLC on Thursday confirmed talks with Revolution Bars Group PLC, which could result in the former making a takeover offer.

Read more
2 May 2024 10:05

TOP NEWS: Revolution Bars in talks for potential takeover by Nightcap

(Alliance News) - Revolution Bars Group PLC on Thursday said it held exploratory talks with Nightcap PLC, which could result in the latter making a takeover offer.

Read more
2 May 2024 07:48

LONDON BRIEFING: Shell unveils USD3.5 billion buyback; Melrose bullish

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve left rates unmoved and Chair Jerome Powell came across less hawkish than feared.

Read more
2 May 2024 07:26

Revolution Bars confirms takeover talks with Nightcap

(Sharecast News) - Revolution Bars confirmed on Thursday that it has held "an exploratory meeting" with Piano Works owner Nightcap about a range of possible transactions, including a potential takeover.

Read more
1 May 2024 17:47

Revolution Bars raises GBP12.5 million from fundraise

(Alliance News) - Revolution Bars Group PLC on Wednesday said it has raised GBP12.5 million through a placing, subscription and open offer.

Read more
25 Apr 2024 15:49

UK shareholder meetings calendar - next 7 days

Friday 26 April 
Bellevue Healthcare Trust PLC AGM
Kingspan Group PLCAGM
Me Group International PLCAGM
Pearson PLCAGM
Senior PLCAGM
Smurfit Kappa Group PLCAGM
Monday 29 April 
Goldstone Resources LtdAGM
Hydrogen Future Industries PLCAGM
JPMorgan Claverhouse Investment Trust PLCAGM
KR1 PLCEGM re buying up to 15% of shares in issue
Ocado Group PLCAGM
Secured Property Developments PLCGM re name change to Mollyroe PLC
Symphony International Holdings LtdAGM
Tuesday 30 April 
Amigo Holdings PLCGM re capital raise
Anglo American PLCAGM
BBGI Global Infrastructure SAAGM
CVC Income & Growth LtdAGM
Elementis PLCAGM
Minoan Group PLCAGM
Pebble Group PLCAGM
Robert Walters PLCAGM
Rotork PLCAGM
Wednesday 1 May 
Alfa Financial Software Holdings PLCAGM
Alpha Group International PLCAGM
AVI Japan Opportunity Trust PLCAGM
Domino's Pizza Group PLCAGM
Electric Guitar PLCGM re reverse takeover of 3radical
Flutter Entertainment PLCAGM including vote on primary listing move to New York
Glanbia PLCAGM
Jade Road Investments LtdAGM
Johnson Service Group PLCAGM
Smith & Nephew PLCAGM
Spirent Communications PLCAGM
STV Group PLCAGM
Tritax Big Box REIT PLCAGM
Unilever PLCAGM
Witan Investment Trust PLCAGM
Thursday 2 May 
AIB Group PLCAGM + EGM re proposed buyback of shares from Irish government
Aviva PLCAGM
Ecora Resources PLCAGM
Enwell Energy PLCAGM
F&C Investment Trust PLCAGM
Glenveagh Properties PLCAGM
Grafton Group PLCAGM
Gran Tierra Energy IncAGM
Howden Joinery Group PLCAGM
ITV PLCAGM
Kerry Group PLCAGM
Melrose Industries PLCAGM
Moneysupermarket.com Group PLCAGM
Personal Group Holdings PLCAGM
Reach PLCAGM
Reckitt Benckiser Group PLCAGM
Revolution Bars Group PLCGM re fundraising
Rio Tinto PLCAGM
SIG PLCAGM
UK Commercial Property REIT PLCGM re merger with Tritax Big Box REIT PLC
Ultimate Products PLCGM re share buyback programme
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
12 Apr 2024 07:43

LONDON BRIEFING: UK economy grows again in February

(Alliance News) - Stocks in London are called to open higher on Friday, as investors digest the fall out of a busy week of interest rate decisions, as well as economic data.

Read more
11 Apr 2024 18:50

Revolution Bars raises up to GBP12.5 million amid mooted sale plans

(Alliance News) - Revolution Bars Group PLC on Thursday said it raised GBP10.5 million plus up to GBP2.0 million in its bookbuild launched yesterday, amid a restructuring plan that could see the business sold.

Read more
11 Apr 2024 11:52

Revolution Bars could close 18 sites under overhaul plans

(Alliance News) - Revolution Bars Group PLC has announced plans for an overhaul which could see 18 of its bars shut down, as the chain has been hammered by cost-of-living pressures and regular train strikes affecting its younger customer base.

Read more
11 Apr 2024 11:50

LONDON MARKET MIDDAY: Europe takes hit on nerves ahead of ECB decision

(Alliance News) - European equities sunk lower at midday on Thursday, with sentiment hurt by hotter-than-expected inflation from the US crushing hopes of interest rate cuts.

Read more
11 Apr 2024 09:27

AIM WINNERS & LOSERS: Lok'n Store up on takeover offer from Shurgard

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Read more
11 Apr 2024 09:15

Revolution Bars proposes restructuring, eyes £12.5m equity raise

(Sharecast News) - Bar and gastro pub operator Revolution Bars has proposed a restructuring of the group, which would involve the shuttering of several sites, rent reductions, and an equity raise of up to £12.5m featuring new and existing investors.

Read more
11 Apr 2024 07:49

LONDON BRIEFING: Astra promises dividend hike; Darktrace ups guidance

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, as investors eye the latest interest rate decision from the European Central Bank, a day after a hotter-than-expected US inflation reading.

Read more
10 Apr 2024 20:08

Revolution Bars looks to raise funds as reviews future options

(Alliance News) - Revolution Bars Group PLC on Wednesday announced a GBP12.5 million fund raise amid a restructuring plan that could see the business sold.

Read more
2 Apr 2024 14:21

Revolution Bars shares suspended as fails to publish interim results

(Alliance News) - Revolution Bars Group PLC on Tuesday said its shares have been temporarily suspended on AIM in London, as it is unable to publish its interim results on time.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.