Panmure published a note this morning.. "Brighton Pier Group (BPG) offers investors exposure to a unique and highly cash generative entertainment, catering and hospitality business. The group recently raised £18m to fund the acquisition of Brighton Pier which effectively reversed into Eclectic Bars. The new enlarged group has more robust and stable cash flows with significant scope for growth through expanding its catering offer, investing in new attractions and through leveraging scale and experience. We believe that the current multiple of 7.4x 2017E EV/EBITDA is..." taken from ResearchTree
Brighton Pier. Looks an interesting deal.........
Re: BAR none yet, even at 2 for a quid... ....... TX2 - Agreed the outlook could be better.... but this is not Tiger Tiger....Have BAR on my watch list but fortunately did not jump in at a quid, awaiting trading update.(Did not expect another fall off the cliff).Will leave on the list - just in case of a turn-around.
Re: BAR none yet, even at a quid... ....... It's "unhappy" hour San Jamie;you can have two for a quid!If BAR can't make money over the Christmas period;and if we cut the EBITDA drivel it is making hefty losses difficult to see a profit anytime soon.If ever.
BAR none yet, even at a quid... ....... Have BAR on watch list. .Disappointed at the dive from 190p - now some 40% down from ipo. Waiting with interest for 2014 trading update at the end of the month-----Eclectic Bar Group will release a trading update for the six month period ended 28 December on 30 January.-----Today can buy at 99p -Thought maybe worth a punt before the update ? ........No decided to wait................