AGM Report

Revolution Bars Group (RBG) AGM 2019

AGM Date: November 26, 2019

Report Author: Michael Taylor

I attended the Revolution Bars Group (RBG) AGM on 26th November. I don’t own shares in RBG, but believe it to be a binary play. At the current market cap of £33.2 million at a price of 66.4 pence per share, the price could triple and still be a relatively small company. However, trading in recent years has been volatile. I do not hold the stock but attended the AGM to meet management and ask a few questions. The only reason I feel a large placing would be on the cards is if like-for-like sales turned negative again. As Revolution is geared with fixed unit costs, when trading is good it benefits massively. But if trading takes a turn for the worst and it can’t be reversed, then it would

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