Spinnaker Opportunities Share Discussion Threads

[rwcarlos] 22/6/2004 13:07

over a week gone since the statement above and still no news !!

[kantona] 15/6/2004 22:22

summary of results ......

Immediate release: 14 June 2004

Sports & Leisure Group Plc

Preliminary Results for the year ended 31 December 2003

CHAIRMAN'S STATEMENT

Our results for the year ended 31 December 2003 show that we made a loss before
goodwill amortisation and taxation, of ?71,000 (2002: profit ?391,000) on
turnover of ?2,404,000 million (2002: ?2,370,000). After goodwill amortisation,
the loss before taxation amounted to ?426,000(2002: profit ?163,000).

The principal reason for the losses was that our share of the net profit of the
Sports Network partnership reduced from ?714,000 to ?374,000. This was almost
entirely due to depressed television revenues from the US.

The two other main strands of the Sports Network revenue continued to grow,
particularly revenue from ticket sales, and in July 2003, Sports Network
announced the renewal of its exclusive contract with BSkyB for a further two
year period.

The Sports Network internet operation, www.frankwarren.tv, is now approaching 1
million hits per month and is fast becoming one of the main sources of Sports
Network's ticket revenue.



Sports Network is trading well in 2004 and, with the promotions that have
already taken place and those now scheduled, we are confident about Sports
Network's prospects for the current year.

During 2003, we increased our interest in Sports Network from 22 per cent. to
26 per cent. As announced on 12 February 2004, we reached an agreement in
principle to acquire the remaining 74 per cent. of Sport Network which we do
not already own. The transaction will be a reverse under the AIM rules and,
accordingly, trading in the Company's shares was suspended on that date. We
are in the course of concluding the arrangements with regard to the purchase of
the remaining interests of Sports Network and we anticipate being able to give
shareholders further details shortly.

Clive Garston

Non-Executive Chairman

14 June 2004

[rwcarlos] 15/6/2004 13:36

rcktmn : where did that come from, it seems they {sop}had said before news due shortly but nothing happens, hope this time its for real

[hirschnathan] 15/6/2004 11:02

my concern was the statement re depressed tv spending in the us.

But no doubt when acquisition is complete there will be a decent profit.

[rcktmn] 15/6/2004 08:43

Got some news yesterday ! Surprised no postings on this yet ?
Suspension should be lifted shortly, this/maybe next week.
Anyone any predictions what price it'll come at ? Higer - lower ?

[hirschnathan] 13/6/2004 23:14

it is called reverse acquisition

[hirschnathan] 13/6/2004 23:13

read the news

[haystack] 13/6/2004 23:12

It hasn't moved for 4 months.

[hirschnathan] 13/6/2004 23:04

haystack this share is up 100% since being tipped.

This share will go up another 100% at least (long term)

[haystack] 13/6/2004 22:35

I see Sue Helen is here using the real name instead of one of her false logon ids.

[hirschnathan] 13/6/2004 20:53

waiting for news

[hirschnathan] 13/6/2004 20:52

Haystack being daft?

[haystack] 13/6/2004 18:51

It is rampers paradise here. The usual suspects have gathered.

[justino] 11/6/2004 10:11

unfortunately not carlos!

[rwcarlos] 10/6/2004 14:34

justino : any reply yet to your email?

[hirschnathan] 07/6/2004 11:31

it has been iminent for weeks. As long as ed is out of the country, I doubt anything will happen.

By the way justino, I hope you left your phone number, ed for some reason doesnt respond to emails, but he does normally cal back.

I hope I am wrong

One thing I do know is that tickets for all the matches sell quickly. It is worth while checking out how long it takes for a stand to sell.

[justino] 07/6/2004 10:36

Hi all, just spoke with ed simons secretary and was told the share reinstation was imminent but she asked that i drop an email to ed who is out of the country for a few days. I have done so and will pass on any reply as soon as i receive one.

[rwcarlos] 03/6/2004 19:20

hello can someone hear me, let me out please

[teacup] 24/5/2004 19:09

A company called Arthur Shaw signed up Lennox Lewis with a big dream of showing the build up to his fights, training camps etc over the internet (a lean back TV experience as opposed to a lean forward PC experience). The company had a lot of grand ideas but no money or back up to carry them through, full of hot air. Arthur Shaw shares were suspended in Apil 2003, they are still suspended. I hope SOP don't follow this example. I have shares in SAW and SOP both suspended, great.

[hirschnathan] 23/5/2004 01:52

has been changed.

Deigned designed bu ID&M. On idm page it says:



7 Jan 2004

id&m announced it's designing and maintaining the Sport & Leisure Group Web site, the site will be created mainly in Flash with all the latest news to come out of the stock market.
So it looks as if the company is gearing up.

[hirschnathan] 23/5/2004 01:36

we are here. but waiting for news.

[pratul] 22/5/2004 10:35

Hello !!!!!!!!!!!!!! anyone one out there ????????

[pratul] 13/5/2004 06:31

when do they start trading ????