By Steve Moore | Tuesday 17 December 2024
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Most recently writing on UK and Canada ten-pin bowling and entertainment centres group Hollywood Bowl (BOWL), in October with the shares at 334p I concluded including that, with EBITDA nothing like the bottom-line, I looked forward to full-year bottom line and cash flow detail with interest and continued to avoid. Now its results, with CEO Stephen Burns emphasising “pleased to report another strong performance” and “the outlook remains positive as we continue to expand and innovate in the UK and seize the significant market opportunity in Canada” but what then of a further lower share price to around 310p?
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