Search:
 
 

Tottenham - NO RECOMMENDATION

Companies: TTNM   
29/10/1999

Having beaten treble champions Manchester United last week, Tottenham continues to deliver good news to its investors and supporters alike. Spurs converted losses of £930,000 into pre-tax profits of £1.7m for the year to July. Turnover grew by a third to £42.59m. Gate receipts rose more than 50% to £22.3m, as a result of more games, greater attendances and higher ticket prices. Though greater revenues are expected from the renegotiated TV rights for the Premiership, chairman Alan Sugar lamented the fact that 'on the other side of the pitch however stands Bosman'. Indeed, increasing wages have become the bane of football clubs across the board, jumping 31% to £20.2m at White Hart Lane. A stronger presence in the profitable Uefa Cup is expected to have a positive effect in the current financial year. Shares were lifted 5% to 71.5p.

Market cap: £65.3m
PE Average: 15.7
PE Forecast: 10.7
PE Historic: n/a
Share price: 65p

AIM£119.23m 128.50p 0.00p
Other company articles:
28/03/2008
30/09/2003
26/10/2001
29/10/1999
25/09/1998

Sponsored Listings

Find Commercial Mortgages at Ask.com Whatever type of mortgage you're looking for, find it with Ask.com.

Fisher (James) & Sons
27/08/2008

STRONG BUY

GoIndustry
26/08/2008

HOLD

Enfis
26/08/2008

SPECULATIVE BUY

International Greetings
22/08/2008

AVOID

Quarto Group
21/08/2008

HOLD