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Hollywood Bowl is Bowling Along Nicely Again after its Nasty 2020 Covid-Induced Crash

Hello, Share Monkeys. In the early sixties, one of my first jobs as a  trainee journalist was the opening by war flying ace Douglas Bader of Doncaster’s first bowling alley. Afterwards, the craze died. But it’s come back with a bang. And Blighty’s largest company in the field, Hollywood Bowl (BOWL) could see its share price rise.

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  • 2021-12-29 09:23:11
EPIC BOWL
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Hollywood Bowl – argues “optimistic looking ahead”… but what about bonkers Boris & co?

Previously writing on the UK's largest ten-pin bowling operator Hollywood Bowl (BOWL), in October with the shares around 243p I concluded I’d monitor from the watchlist with particular interest in the balance sheet and an update on trading. The shares are currently slightly further lower at 229p on the back of the group’s year ended 30th September 2021 results announcement, so how are the financials and outlook?...

EPIC BOWL
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Hollywood Bowl – less than 3 months after emphasising “strong balance sheet”, discounted placing?...

The 14th December 2020-announced results from ten-pin bowling group Hollywood Bowl (BOWL) emphasised “strong balance sheet… liquidity of £31.8m” and included that “the directors are satisfied that the group has adequate resources to continue in operation for the foreseeable future, a period of at least 12 months from the date of this report”. It now announces “successful completion of the placing… at a price of 230 pence per placing share, raising gross proceeds of approximately £30.0 million”. Hmmm...

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