Friday preview Bid deadline day for Arena Leisure – MoneyWeek

BrokerPeelHuntsaysithasnoreasontothinkthatthetradingupdatewillbeanythingotherthanreasonable。

ThebrokerfocusesontherecentagreementontheHoreracinglevyrate,whichistobemaintainedat£72。

4m。

Itispositivethatamutualagreementbetweenthebookmakersandracingindustryhasbeenreached,unlikelastyears,whichwasadeterminationbytheSecretaryofState。

Thisisimportantasanindicatorforthefuture。

Also,therequirementforthemoremutuallybeneficialprogrammeshouldbenefitorganisationslikeArenathathaveall-weatherracingfacilities,PeelHuntsuggests。

However,thefactthatthefundamentalbasisoftheLevyremainsunchangedisaconcern。

Thebookmakers,whowillpayit,remainthesamegroupwhich,asSIS,hassigneduptothehighermediapaymentsfromnextyear。

Thepossibilitythereforeremainsthatonthisconsideration,thegroupmayseektorecouppartofthe£10mpaincreaseinfutureyears,PeelHuntadded。

INTERIMS

Record

INTERIMDIVIDENDPAYMENTDATE

Hunting,IntertekGroup,MCSaatchi,NTTDoCoMoInc,OctopusApolloVCT1,OctopusApolloVCT2,OctopusApolloVCT3,OctopusEclipseVCT2,RavenRussiaLtd。

StandardLife

INTERNATIONALECONOMICANNOUNCEMENTS

LeadingIndicators(US)(15:00)

ProducerPriceIndex(GER)(07:00)

IMSS

Axis-Shield,FBDHoldings,HeadlamGroup,HillSmithHoldings,Rotork

EGMS

JSCSitronicsGDR(RegS)

AGMS

AlbemarleBondHoldings,CleardebtGroup,HansardGlobal,HelphireGroup,MatchtechGroup,NauticalPetroleum,Physiomics,SavileGroup

FINALDIVIDENDPAYMENTDATE

GallifordTry,Go-AheadGroup,HansardGlobal,Hays,HendersonEuroTrust,InteriorServicesGroup

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