Updates

Revolution Bars - Four new openings in H1

March 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Revolution’s update covering the 26 weeks to 31 December was bang in line, with like-for-like sales rising 2% and overall sales including contributions from new bars, growing 12.7% to £66.6m. Festive trading showed a pleasing 16.2% sales growth in the five weeks to 31 December. Interims are due on 28 February.The group made good progress with its expansion, opening four new Revolution de Cuba bars in H1 ’17 in Harrogate, Aberdeen, Reading and Glasgow. Having risen from our tip price of 172.5p last December to a high of 229p, the shares pulled back after the Finance Director has unexpectedly resigned, citing “family reasons.”Unchanged forecasts place the shares on a still undemanding prospective P ...

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H&T - Broker lifts price target to £4

Bovis

Revolution Bars (April 2018)

Revolution Bars (September 2017)

Revolution Bars (July 2017)

Revolution Bars - Accelerating roll-out (April 2017)

Revolution Bars - High street bar chain enjoying 38-54% ROCE on new openings (December 2016)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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