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Revolution Bars (#RBG) – open offer excess applications scaled back

2021-06-14 07:59:59

Revolution Bars – argued “successful fundraising” shows contempt for private investors

2021-05-26 12:00:12

Previously writing on Revolution Bars Group (RBG), in March with the shares at 29p I was cautious with assumptions on government restrictions having proven dangerous and also the debt and prior challenges. Now the self-styled “leading UK operator of 66 premium bars, trading under the Revolution and Revolución de Cuba brands, is pleased to announce the results of its Bookbuild launched yesterday”. Hmmm...

Revolution Bars (#RBG) – £21m equity raise at 20p per share

2021-05-26 07:53:54

Revolution Bars (#RBG) – re-opened venues 48% of sales of corresponding 2019 period in 4 weeks to 9th May

2021-05-11 07:38:07

Revolution Bars – how much brighter is “the light at the end of the tunnel”?...

2021-03-04 12:03:59

Previously writing on Revolution Bars Group (RBG) in December with the shares back up above 22p I questioned what state the balance sheet would be in by the ‘path towards a gradual recovery’. Today an update from the company...

Revolution Bars (#RBG) – intends to reopen 20 of its 66 bars on 12th April, rest on 17th May

2021-03-04 07:46:48

Revolution Bars – results & joins the heroic Tim Martin re. “nothing short of scandalous” government actions...

2020-12-17 14:42:30

Revolution Bars Group (RBG) has announced full-year results and, in line with the heroic Tim Martin of J D Wetherspoon, hit out at “nothing short of scandalous” government actions...

Revolution Bars – with government “often illogical, inappropriate and disproportionate response to the coronavirus pandemic”...

2020-11-14 09:55:26

Revolution Bars Group (RBG) has updated the markets with news including that a “CVA successfully approved” – and the shares have responded to 17.2p, a £21.5 million market cap, 7.5% higher...

Revolution Bars – subsidiary launches a CVA. Has blundering Boris struck again?...

2020-10-27 11:48:57

Revolution Bars (RBG) has announced that a subsidiary which operates 50 ‘Revolution’-branded bars (“the group's Revolucion de Cuba branded bars and four Revolution branded bars operated by other entities in the group are unaffected”) has launched a CVA. Has blundering Boris struck again?...

Revolution Bars (#RBG) – subsidiary operating 50 Revolution branded bars launches a CVA

2020-10-27 07:54:59

Revolution Bars – trading update, re-opening momentum building?...

2020-09-07 13:40:46

Revolution Bars (RBG) has updated investors on its progress having commenced the reopening of its bars on 6^th July...

Revolution Bars (#RBG) – comparable venue sales 72.5% of last year, 77.5% in last 4 weeks helped by 'Eat Out To Help Out' driving Mon-Weds to 188.4%, further reopenings

2020-09-03 07:47:24

£15 million Revolution Bars fund raise – worth a small gamble

2020-06-05 10:54:06

The fund raise is at 20p and there is a very real case for having a go. But there are risks: the truth is that no-one has a scooby as to how this company’s 57 bars and clubs will trade post lockdown.

Revolution Bars (#RBG) – proposed £15m placing & open offer at 20p per share & move from main market to AIM

2020-06-05 07:57:49

Revolution Bars – “to emerge from this crisis in a financially stable position”?

2020-05-26 15:26:00

Previously writing on Revolution Bars (RBG) I was cautious as it argued “another step closer to being well-positioned to emerge from this crisis”. It now updates arguing “decisive action will enable us to emerge from this crisis in a financially stable position”...

Revolution Bars – “another step closer to being well-positioned to emerge from this crisis”?

2020-04-14 13:51:16

A “COVID-19 and Banking Facilities update” from Revolution Bars (RBG), including “the board is pleased to announce that, subject to final documentation, Natwest has agreed to increase the facility to £30.0m” – and the shares currently at 19.5p, more than 26% higher…

Revolution Bars (#RBG) – provisional agreement with Natwest to increase banking facility

2020-04-14 07:29:37

Revolution Bars – emphasises previous “positive momentum”, but now…

2020-03-18 13:41:00

Previously writing on Revolution and Revolución de Cuba bars operator Revolution Bars Group (RBG), in October I concluded including will the still clear challenges allow the expected reduction in debt levels though?... currently continue to avoid. Today from the company a “COVID-19 Update” – and the shares currently a further more than 20% lower on the back of it, below 20p…

Revolution Bars (#RBG) – recent days decline in LFL revenue, monitoring funding requirements & exploring options

2020-03-18 07:53:26

Revolution Bars (#RBG) – H1 adj. EPS +7%, LFL sales +1.2%, H2 LFL sales currently +1.6%

2020-02-26 07:47:46

Revolution Bars (#RBG) – H1 LFL sales increased from +0.7% after 13 weeks to +1.2% & a lease surrender agreement

2020-01-15 07:42:30

Revolution Bars – full-year results, no longer short of expectations in every conceivable weather environment?

2019-10-01 14:50:32

Revolution and Revolución de Cuba bars group Revolution Bars (RBG) has announced results for its year ended 29th June 2019 and “over the last three months our like-for-like sales have consistently outperformed the 'Bars & High Street Bars' cohort in the CGA industry sales tracker for the first time in over eighteen months as we start to recover market share”. No longer short of expectations in every conceivable weather environment?...

Revolution Bars (#RBG) – FY bottom-line decline. Argues there’s “an improving trend”

2019-10-01 07:42:25

Revolution Bars – interims, still short of expectations in every conceivable weather environment?

2019-03-01 06:00:36

Revolution Bars (RBG) has announced results for its half-year ended 29th December 2018, including revenue up over 6% to £78.5 million and that one of its brands, “Revolution has been reviewed, the issues identified, and workstreams are being implemented to restore it to growth. Our confidence in achieving this is underpinned by the good performance of the new Revolution venues, while the recently refurbished sites are also seeing uplifts”. The shares have responded currently to 66p... approaching 17% down on the day…

Revolution Bars (#RBG) – H1 adj. EPS -55%, DPS axed, warns again after “slow start to H2”

2019-03-01 00:42:43

Revolution Bars – after weather last time, increased operating costs & economic and political uncertainties this

2019-01-15 01:20:14

In June, previously writing on Revolution Bars Group (RBG) I questioned short of expectations in every conceivable weather environment?. Now a Christmas and half-year to 29th December 2018 trading update…

Revolution Bars (#RBG) – 4 week to end-2018 LFL sales +2.6%, but overall Q2 -3.1% & FY warning

2019-01-14 00:42:11

Revolution Bars Group has long term potential despite the current blip in performance

2018-12-10 01:37:09

Revolution Bars Group (RBG) is a company that caught my eye a while back, but at the time it was for the wrong reasons as I’d noticed that the share price seemed to be on a steady downwards trajectory. In terms of this, nothing has really changed and it has been making new lows around the 100p area, losing around a third of its value in the past year – which included a brief spike to around 175p in January. This is one where there could be an argument for waiting for the trend to turn positive, if indeed it does from here, but with the market cap back around the £50 million level I can see value in buying here...

Revolution Bars (#RBG) – FY adj. EPS -11%, DPS maintained, recent LFL sales -5%, new CEO has started

2018-10-02 06:24:58

Revolution Bars – short of expectations in every conceivable weather environment?

2018-06-14 06:41:27

Previously writing just over a year ago on Revolution Bars (RBG) it was on it going from ‘platform to be confident about our prospects’ to profit warning in less than 3 months. Then heading towards 130p, the shares jumped a couple of months later on a 200p per share possible offer approach. However, an offer was voted down by shareholders and the shares have subsequently fallen back towards 150p before a Trading Update today…

Revolution Bars (#RBG) – LFL sales -1.7%, profit warning

2018-06-13 23:23:12

Revolution Bars (#RBG) – confirms new CEO will join on 25th June

2018-04-19 23:25:00

Revolution Bars (#RBG) – H1 adj. EPS -6%, DPS maintained, “well set”

2018-03-02 00:20:34

Revolution Bars (#RBG) – 4 week to end Dec LFL sales + 5.9%, expects trading results “in line with its expectations”

2018-01-22 00:39:21

Revolution Bars (#RBG) recommends 203p per share cash offer from Stonegate

2017-08-23 23:53:19

Revolution Bars (#RBG) – recommended 203p per share offer

2017-08-23 22:57:34

Revolution Bars (#RBG) rejects all share merger proposal from Deltic wants to stick with Stonegate 200p cash offer

2017-08-14 23:32:18

Paul Scott makes interesting, and honest, points on Revolution Bars

2017-08-05 04:03:59

Britain's top share blogger posted a few comments here late last night. Did I say Chaka KIhan and Cheese! But one in particular merits a wider audience. Paul respinded to my comments on Fairpoint (FRP) and Revolution Bars (RBG) HERE. Paul notes:

Revolution Bars (#RBG) – “in line” trading update, though follows profit warning in May

2017-07-24 23:40:15

Revolution Bars – from ‘platform to be confident about our prospects’ to profit warning in less than 3 months

2017-05-19 03:53:43

A “Trading Update” announcement from Revolution Bars (RBG). With the shares having been falling from above 210p earlier this week, what the chances that it is positive news?...

Revolution Bars (#RBG) – new bars taking longer to reach full profit & “industry-wide cost headwinds”, profit warning

2017-05-18 23:59:35

Long Live the Revolution - If You Buy the Shares

2017-01-27 01:26:13

Hello Share Twangers. Though not a revolutionary sort of person, I do rather like an intriguing name when it comes to stumping up for shares. Revolution Bars (RBG) has a romantic ring to it, don’t you think?

Revolution Bars (#RBG) – H1 LFL sales +2%, results expected to be “in line”

2017-01-19 00:35:03

Looking for a Profitable Fun Company? - Consider Joining the Revolution

2016-10-28 00:03:36

Hello Share Turners. Today’s selection for a company worth looking at is not one that will be getting much custom from me. I’m far too old to be grooving into the night.

Revolution Bars (#RBG) – FY adj. EPS +14%, DPS +94%, “this financial year has begun well”

2016-10-04 00:01:46

Revolution Bars (#RBG) – FY sales +6.9% (+2.3% LFL), results to be “in line”, 3 more new sites confirmed

2016-07-19 23:26:06

Revolution bars (#RBG) IPO right at bottom of range at 200p ( market cap £100m)

2015-03-13 00:45:26