This company acquires and operates ādrinks-ledā hospitality venues. On admission, it acquired the London Cocktail Club which it plans to scale through investment and acquisitions.
My recent buy order for nightcap was rejected without explanation, can someone tell me why?
Is this worth investing in as we donāt know when clubs open again
Iāve made 2 buys yesterday and one today without any problems. I know it doesnāt help you but just FYI!
Hopefully this will pay off 12 months investing clubs will open soon
I think so. Firstly because itās Sarah WIllingham and she has a great track record.
Secondly because I like the fact they are taking advantage of the current downturn in both hospitality and commercial premises prices, and hopefully building up a portfolio of bars and property on the cheap.
As bleak as it is things canāt get much worse, and hopefully when they return to normal they will own several chains of bars and weāll be quids in.
thanks stu, all sorted now
Hi Robert, I was looking for an opportunity as i believe this sector will achieve good growth once allowed to re-open
Iāve just bought 5500 shares and will keep for a while but in new to this so any advice is welcome thanks
DYOR, etc. All that Iāll say is that I am staying well clear of this one.
Matt
The research that I have done, leads me to believe that I do not want to invest into this business. As with any investment, I would strongly recommend that we all do our own research, etc.
Best of luck, but this one isnāt for me.
Matt
Hi Mat, Iām curious, any stand out points in your DD youād like to share?
Iām not going to get drawn into a conversation about all of this.
However, I would recommend having a look into the recent raise, the history to all of this, the corporate structure, the balance sheet, the cash burn rate, revenue forecasts, the historic P&L of the businesses, the previous ownership of the recent purchase, etc.
As I keep suggesting, DYORā¦
Matt
Thatās the Ā£1500 question Robert
Itās really down to what risk / strategy suits you. I canāt really answer that for you as itās more of a personal question
Thanks Jonny
Any idea why my sell order keeps getting rejected?
Mine do too, Iāve got 53 shares and I canāt sell any, Iām trying to sell them all but it wont let me, never buy NightCap shares again
Wonāt let me sell either
@Gazwhite I had real issues getting more shares this morning, tried again half hour later and all good