Updates

Arena - "New Attheraces" proposes deal

May 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.

For the year to 31 December Arena delivered strong results with the core business of owning and operating racetracks seeing record attendances which together with the improved SIS bookmakers' picture deal lifted operating profit before exceptionals from this side by 48% to £6.4m on sales up 5% to £34.3m. Operating activities generated £7.8m cash, eliminating borrowings and leaving Arena with unencumbered cash of £1.2m at the year end. But the results were blighted by provisions of £36.9m relating to Attheraces which ceased transmissions on 29 March. In addition, there was a 33.3% share of losses from Attheraces amounting to £10.1m and a goodwill charge of £2.3m. This gave rise t ...

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Armour

European Goldfields Limited

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Arena Leisure - Attheraces model changed (May 2005)

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Arena Leisure (July 2004)

Arena - New Attheraces agreement (June 2004)

Arena (April 2004)

Arena (February 2004)

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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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