Updates

Arena Leisure

July 2004

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.

At the AGM, Arena reported that strong trading in 2003 had continued in its racecourse division driven by further fixture growth. Arena also said that its Attheraces joint venture would pursue a £50m rebate from the media rights agreement which was terminated on 29 March.Broker Seymour Pierce expects a pretax profit of £5.6m this year (eps 1.5p) with £6.2m next year (eps 1.7p). A BHB/OFT announcement this month conf-irmed an increase in the number of races from 1,341 this year to 1,500 in 2006. This underpins growth for Arena, whilst eventual excitement should centre on the opportunity to open casinos at its courses. Tipped at 22p in Feb'02; hold. ...

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Mears

Triple Arc - Strong organic growth story

Arena (May 2020)

Arena Events - Pullback leaves shares on PE for next year of 4.7 (October 2019)

Arena Events - Recovering from its own goal; prospective PE of 8 (May 2019)

Arena Events (February 2019)

Arena Events - Settles fine with US Attorneys office and shares move to new high (September 2018)

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Arena (November 2008)

Arena Leisure - Wins contract for new Essex course (February 2008)

Arena (July 2007)

Arena Leisure - Doncaster development complete by September (May 2007)

Arena Leisure - Buy ahead of St Leger race in September (April 2007)

Arena Leisure - Attheraces model changed (May 2005)

Arena - New Attheraces substantially lower costs (October 2004)

Arena - New Attheraces agreement (June 2004)

Arena - "New Attheraces" proposes deal (May 2004)

Arena (April 2004)

Arena (February 2004)

Arena - OFT review to boost shares (November 2003)

Arena - Foundations in place (April 2003)

Arena Leisure - Potential for global betting barely scratched (February 2003)

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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