Brighton Pier Group – hopefully my prior warnings were heeded as it’s now proposed AIM cancellation. (And hello, anyone at AIM listening?)…

UK leisure and entertainment business Brighton Pier Group (PIER) has announced that its “trading results (on a pre-highlighted items basis) for the 12 month period ended 29 December 2024 are in line with current market expectations. In the first 12 weeks of the current reporting period, total group sales of £4.2 million were £0.1 million lower than the equivalent weeks trading in the previous year” and that it has now concluded “a careful review of the benefits and drawbacks to the company and the shareholders in retaining the company's quotation on AIM”… and the shares are currently nearly 60% lower in response at 7p. You can guess what that means…

Brighton #PIER – proposed AIM cancellation and re-registration as a private company

Brighton Pier Group – recent week improved weather and a “successful” charging implementation, BUT…

Brighton Palace Pier, Lightwater Valley Family Adventure Park, Paradise Island Adventure Golf and bars group, The Brighton Pier Group (PIER) has issued a trading update including noting a current warm and sunny spell and the potential for improved weather in August as well as “successful” implementation of charging non-residents £1 for admission to the pier during peak trading periods. So what of a share price currently more than 15% lower to 33.5p?

Brighton #PIER – warns on trading as poor weather has continued adversely impacting Brighton Palace Pier performance

Brighton Pier Group – interims, just how significant is the upside opportunity for the group currently “in a more typical year”?

Previously writing on Brighton Palace Pier and other UK leisure and entertainment businesses company Brighton Pier Group (PIER), in July with the shares heading down towards 40p I concluded its challenges and valuation meant that I retained caution and continued to avoid the shares ahead of the half-year results detail. What then now of this announcement for the period ended 25th June 2023 and further outlook, with the shares currently down from 43p to 38.5p in response to it?

Brighton #PIER – H1 swing to loss, emphasising “ongoing inflationary pressures”

Brighton Pier Group – “trading statement”. Hopefully my prior caution on the outlook was heeded!

Previously writing on Brighton Palace Pier and other UK leisure and entertainment group Brighton Pier (PIER), in February with the shares falling to 61p I concluded I remained cautious of the outlook and continued to avoid. The shares most recently closed at 57p… and what of them currently heading towards 40p on the back of a “trading statement”?

Brighton #PIER – “sales remain behind 2022”, notes impacted by macro and recent micro factors

Brighton #PIER – 18 months post-tax profit £6.4m, notes “current more challenging market”

Brighton Pier Group – trading statement, economic pressures biting?

Previously writing on Brighton Palace pier, Lightwater Valley adventure park, mini-golf and bars business Brighton Pier Group (PIER) in September I noted strong full-year results, but economic pressures now to bite?. So what of a latest trading statement?

Brighton #PIER – “going into 2023, our businesses remain profitable” but notes decline in consumer confidence

Brighton Pier Group – strong full-year results, but economic pressures now to bite?

Previously writing on Brighton Palace pier, Lightwater Valley adventure park, mini-golf and bars business Brighton Pier Group (PIER), last year with the shares at 62.5p I questioned short-term or sustainable strong recovery from blundering Boris impact?. So what is the view now after results for its year ended 26th June 2022?

Brighton #PIER – emphasises H1 progress, though also future uncertainties and caution

Brighton #PIER – FY “exceeded market expectations”, argues “well-positioned”

Brighton #PIER – H1 EPS up to 14.3p, notes VAT and rates relief benefit though also “current strong trading”

Brighton Pier Group – trading update, short-term or sustainable strong recovery from blundering Boris impact?

Brighton Palace Pier, mini golf, bars and Lightwater Valley theme park company Brighton Pier Group (PIER) “is pleased to announce a trading update” and the shares are currently approaching 17% higher at 62.5p. So what’s the story?...

Brighton #PIER – FY update and 13 weeks to 26th September 2 year adj. net sales +30%

Brighton Pier Group – more blundering Boris impact...

A trading update from Brighton Pier Group (PIER) including “pleased with trading on the Pier, in our golf sites and the two food led bars that opened on the 4 July. At 77% of last year, it is better than expectations” – and the shares are currently at 33.5p, approaching 10% higher...

Brighton #PIER – trading update, argues “an urgent need for the Government to agree a plan for the re-opening of our late night estate”

Brighton #PIER – new CBILS loans & covenants and a loan repayment holiday on existing facilities to accommodate closures