A director at Hollywood Bowl Group maiden bought 30,000 shares at 258p and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...
Hollywood Bowl reported strong interims, with trading in line with expectations in the UK but ahead in Canada. UK LFL growth of +3.5% continues to be balanced between volume +0.6% and spend per game +2.8% with strong growth in food and amusements. Comparatives get tougher into the second half, but our slightly raised forecasts remain highly prudent allowing for a LFL pull back in H2. Meanwhile, progress in Canada is ahead of expectations. We view the current multiple of 7.8x EV/EBITDA for CY23E ...
Hollywood Bowl’s growth continues on all fronts, with YoY LFL revenue growth of +3.5%, two UK sites opened and further expansion in Canada taking Group revenue up 10.9% to £111.1m in 1H23E. This builds on last year’s record growth and, with £44.1m of net cash, we expect investment momentum to continue. Construction will start on two further UK sites in H2, including a dual bowling/indoor golfing offering, with pins and strings and other initiatives continuing to be rolled out. We upgrade our for...
16 February 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment objec...
The general evaluation of HOLLYWOOD BOWL (GB), a company active in the Recreational Services industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date December 31, 2021, the closing pr...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
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