Updates

Ten Entertainment

January 2024

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.

The shares soared after Ten announced receipt of a bid worth 412.5p a share in cash from Trive, a private equity firm based in Dallas, Texas. The price represents a 50% premium to the volume weighted average price over the past 12 months and has received irrevocable undertakings and non binding letters of commitment in respect of 39.5% of the shares. The deal values Ten on a trailing and prospective PE of 14.0 and 12.9, respectively. Highlighted as a main write-up several times (most recently at 236.5p), the shares have gained 77%. Accept the offer. ...

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CVS Group

Cake Box - Gross margin lifts sharply

Ten Entertainment - Like-for-like sales accelerate (November 2023)

Ten Entertainment (May 2023)

Ten Entertainment (February 2023)

Ten Entertainment - Offers deep value at FY’23 PE of 6.7 in spite of upgrades (November 2022)

Ten Entertainment - Another ‘beat’ triggers 17% upgrade (September 2022)

TEN Entertainment - Ten-pin bowling group increases openings potential (June 2022)

Ten Entertainment (May 2022)

Ten Entertainment (March 2022)

Ten Entertainment (November 2020)

Ten Entertainment (August 2020)

Ten Entertainment - Bowling operator forecast to grow eps 61% between FY'18 - '21 (November 2019)

Ten Entertainment - Ten pin bowling group hitting new highs (December 2017)

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X