Member Info for jange

That makes two of us lol....

Still invested here,please is there anyone there lol

The share price has gained 63% over the past year, but has remained flat during the past week. As more betting has moved offshore, the number of betting shops which fall under the levy has reduced. The effect on Arena has been a £2.5m decline in revenues in 2011, to £61.5m.

As more betting has moved offshore, the number of betting shops which fall under the levy has reduced. The effect on Arena has been a £2.5m decline in revenues in 2011, to £61.5m. Speaking at the time, Elliott said: "Looking ahead, 2012 sees the commencement of our five year media rights agreement with SIS which significantly enhances the group's income. We intend to maximise the opportunity provided by our catering service contract at the Olympic and Paralympic Games and to extend our in-house catering services to other third party venues and events."

Earlier this month, the firm revealed that although revenues had slumped, it managed to boost profit before tax, which came in 14.6% ahead of 2010 at £4.2m. Arena owns seven high profile race courses, including Lingfield Park and Doncaster, but has seen its turnover reduced by the fall in the levy on bookmakers

"We are also now forecasting a return to the dividend list, although should investment in the US be brought forward, then this may be delayed," Batram added.

He said that last week's results impressed on many levels and shows that, after a difficult few years, the company looks "firmly back on track". Peel Hunt thinks that the current consensus forecast for EBITDA (earnings before interest, tax, depreciation and amortisation) of $44m looks undemanding and, after a strong second half (fiscal year 2011), a figure of over $60m should be achievable.

Peel Hunt has raised its target price for online gaming group 888 Holdings from 63p to 75p, saying that is 'impressed by the scale of the turnaround'. "The combination of a highly focused and able management team together with impressive technology, puts the group in a strong position to take advantage of opportunities in both relatively mature and emerging regulatory markets," said analyst Nick Batram.

The broker's earnings before interest, tax, depreciation and amortisation forecast has been lifted on the back of improved expected margin performance. "Growth across the sector is a challenge, but margin improvement is evident and KCOM rewards investment with visible dividend growth and the possibility of medium term outperformance," Darley said.

Following KCOM's trading update this morning, finnCap has raised its target price for the telecoms group from 100p to 110p and reiterated its buy rating. "FY trading update is in line with expectations, indicating sustained growth in broadband penetration in East Yorkshire, and continued development of recurring revenues in the national Kcom division, underpinned by the leadership position in the emerging Public Services Network market. New enterprise contact wins for a range of services across all brands provides further momentum," said analyst Andrew Darley

"Growth across the sector is a challenge, but margin improvement is evident and KCOM rewards investment with visible dividend growth and the possibility of medium term outperformance," Darley said. Peel Hunt has raised its target price for online gaming group 888 Holdings from 63p to 75p, saying that is 'impressed by the scale of the turnaround'. "The combination of a highly focused and able management team together with impressive technology, puts the group in a strong position to take advantage of opportunities in both relatively mature and emerging regulatory markets," said analyst Nick Batram. He said that last week's results impressed on many levels and shows that, after a difficult few years, the company looks "firmly back on track".

Following KCOM's trading update this morning, finnCap has raised its target price for the telecoms group from 100p to 110p and reiterated its buy rating. "FY trading update is in line with expectations, indicating sustained growth in broadband penetration in East Yorkshire, and continued development of recurring revenues in the national Kcom division, underpinned by the leadership position in the emerging Public Services Network market. New enterprise contact wins for a range of services across all brands provides further momentum," said analyst Andrew Darley.

Six-a-side football pitches operator Goals Soccer Centres has confirmed it has received a preliminary approach from the Ontario Teachers' Pension Plan which may possibly lead to an offer for the company. The statement was made in response to press speculation that the private equity arm of the Canadian pension fund is interested in taking the group private. The pension fund has a track record of owning sport-related assets, being the owner of Toronto FC, a club in the Canadian football league. Goals, which recently announced a 21% increase in annual pre-tax profit despite a softening of demand for corporate events and birthday parties, has 43 football centres, including one in Los Angeles

Food additive supplier Anpario has acquired Meriden Animal Health for a total consideration of up to £4.13m. The purchase, which significantly strengthens its position in China, is expected to be immediately earnings enhancing. The cost will be funded from existing cash resources.

"QVA149 is an investigational inhaled, once-daily, fixed dose combination of the long acting beta2-agonist (LABA) indacaterol, and the long-acting muscarinic antagonist (LAMA) glycopyrronium bromide (NVA237). Data from the clinical trial program, examining QVA149 in a number of settings, will be submitted for presentation to a major medical congress later this year.

Chief Executive Dr Chris Blackwell said: "Achieving the primary endpoints in all three of the Phase III studies gives us confidence that QVA149 could be the first product of this type to provide benefit to patients with COPD in a multi-billion dollar market that is still growing.

Drug developer Vectura has announced that the first three QVA149 Phase III studies in the treatment of chronic obstructive pulmonary disease (COPD) all met their primary endpoints. The results demonstrate the potential of the product as a treatment for COPD.

In recent months PSPI has experienced an increase in capitalisation rates on its investment properties which has meant a significant reduction in the valuation of these properties, a trend which is expected to continue. PSPI added that it is reviewing its dividend and distribution policy as part of the strategic review. "The result of the review may lead to a material change in the nature of the group's business and resultant recurring cash generation, but also in potential ad hoc cash generation as a result of transactional activity." The firm also announced the termination of its asset management agreement with RP&C International.

European care home group PSPI plunged on Monday after the firm admitted it would be unlikely to receive an acceptable cash consideration for an outright disposal of its assets. The company also said it is considering a joint refinancing as part of a potential combination of the majority of the group's UK property assets and the owned and operated properties of its UK tenant. "Such a refinancing would establish a solid financial platform for the combined businesses, but is unlikely to generate short term cash proceeds for the group," the firm said.

Kyrso Resources, a mineral exploration and development company, has posted "encouraging" results from drilling at its Pakrut gold deposit and at its exploration projects at Eastern Pakrut and in the Rufigar area of Tajikistan. The intersections in Ore Zones 3 and 6 are very encouraging, the company said, with nearly 19m at 7.47g/tonne gold the best intersection to date for Ore Zone 3. "We are also encouraged by the continuing eastward extension of the lower levels of Ore Zone 1 and by the consistency of thickness and grade which supports all of the previous drilling results from all of the Pakrut ore zones," the firm said.