The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Stone gate are struggling with their debt, can’t see them buying
First of all, apologies as I’m failing to understand this.
No big sells and the price has plummeted the last few days. Big sell or big buy incoming? Can’t get my head around this. Thanks
@taltbong Disappointment so far. MM looks like they have been stockpiling these shares for awhile to fit Babus quota, can’t see any other reason of why the share price in the last week hasn’t gone up further. Unless the huge rise in the last month or so is the MM getting us to sell shares and stockpile, and now we are back to normal.
‘No protection from gas and electricity’. You might want to read the RNS on their fixed bills.
Younger clientele on the whole are mostly renting, interest rates won’t affect them. Christmas booking going strong, we haven’t had a Christmas in 2 years. This will be huge.
I see this slightly growing over the next 18 months, nothing huge, but after that, huge growth is expected.
Looks like they are preparing to open more venues….
https://lnkd.in/dgUyrxHp
Depends what licensing they have. If they have a nightclub license it’s a bit of a ball ache, but I don’t think they have. Only other issue is capacity, I think most of them are over 500 which means covid passports. But I don’t think it will stop people, I think there will be some Christmas cancellations however. I think they will still perform strongly. Work dos will be cancelled but plenty of friends meeting up
We’re not planning on it. Both bars and suppliers have huge forecasts for Christmas. The majority of bars I speak to have lots of enquires and bookings which is good and positive. Hospitalisations and deaths are low vs amount of cases. Hopefully this is still the case in the future. Atm, it seems to be majority of unvaccinated people who are hospitalised.
@mazzno. I don’t need an article, I work in the exact industry and it chaos at the minute. I don’t need to read an article to tell me otherwise!
Mistake, not a great start of a topic spelling dividend wrong! My bad
I 100% believe in Rev Bars and the stock, but can’t help but be frustrated. Every time there is good on the RNS, the stock flys, then slowly dribbles back to where we started.
Really think the Rev Bars should look into giving back to investors, after their constant dilutions. One thing would be great to boost the stock, and keep it from dropping, would be to reinstate dividends, at least this way we will be rewarded for being patient, hopefully stop people selling and attract new investors. The last dividend they paid out was 2018!
You can’t hide from the news. It’s logistics in all industries (truck drivers). I work for a spirit company, and it’s the same for any company dealing with alcohol. Not enough drivers in the supply chain. April - June was all about not having enough stock in the country, as people flooded back to bars, now there is plenty of stock in the country, but no one to deliver it. This is taking up the majority of my time at work atm. Good thing is, on some products, you can have similar replacements, but not regularly available.
Not too sure how you can get plenty of stock in when there isn’t any. Some products have been unavailable for months. Bars don’t have a warehouse to stock these things, they can only hold so much, and when there flying through it, it’s gone in a few weeks. Look how big beer barrels are, some venues rely on weekly deliveries, as when they are first built, covid and supply issues isn’t really a risk you envisage. Yet again, if all bars are getting lots of stock in, there is nowhere near enough to go around, hence suppliers run out straight away. It’s not a simple fix
@laughton. What he means by that is that all spirit suppliers are having struggles logistically to supply. So one week it’s all vodka that turns up, because there is no gin or rum available to buy. Next week beer is a struggle, but plenty of gin etc
I work for one of said suppliers. Supply issues are across the board for all suppliers and bars, vastly due to deliver drivers. Most bars are buying what they can. They won’t run out of product to sell, they will simply switch products where they can, so won’t be an issue on takings, just a ballache to deal with
I work for a large, worldwide spirits company. We are doing better than pre covid, even in Q1 with restrictions in the uk. Bars and pubs are booming. The next RNS is going to be huge for Rev bars. Constantly full and most likely doing better than pre covid. Hopefully this trend continues into Christmas and should have a lot of positive news
Where can you see % buys on HL?
It’s 14 ‘vodka’ revolution sites. The rest are Rev De Cuba.
Hello all, pardon my ignorance, but does the chart that shows recent trades on here are only for people using LSE as a broker, or total trades from all platforms? Thanks
Lots of buys and some big ones today, but only a small increase in price
Sorry, I meant a 53.28k buy 2nd to last purchase of the day