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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hollywood Bowl

November 2022

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.

  • Epic Code:
  • BOWL
  • Price:
  • 200p
Like rival Ten Entertainment (TEG; 215p) - see page 3 - Hollywood Bowl is also running ahead of market expectations for the year ended 30 September thanks to continued strong demand for “experiental leisure” and  expects to report EBITDA growth in excess of 40% compared to FY19 (£38.2m). Costs have been well controlled with UK electricity costs  hedged to the end of FY24. Three new centres opened (Hollywood Bowl in Belfast, Birmingham Resorts World and Puttstars in Harrow) and are trading well, generating attractive returns on investment. It also completed 10 refurbishments and rebrands and 41 centres (65% of UK estate) now have “Pins on Strings” with 15 installed during the year.Two new centres (Hollywood Bowl Speke and Putt ...

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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

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