Thursday, February 7, 2008

GGA

"The tenpin bowling group Georgica climbed 3.25p to 39.5p despite a jump in full-year after-tax losses, including discontinued businesses. Takeover talks fell through in December because of poor trading and the credit crunch. But the company said yesterday it expected the potential bidders to return once the markets stabilised. In a buy note, Georgica's broker, Oriel Securities, said: "The shares look very cheap and there is the prospect of corporate activity at a much higher level."

http://www.guardian.co.uk/business/2008/feb/07/hsbcholdingsbusiness.marketforces