Market Report: Taking Stock

Click to follow
The Independent Online
The BGR restaurant and food group was the toast of AIM, closing at 220p, against a 160p placing by stockbroker Beeson Gregory.

The company, headed by former chef Tony Allan, runs the renown Bank restaurant in London's Kingsway and has a food division supplying a host of hotels and restaurants, including London's Savoy Hotel and The Ivy.

It intends to develop a chain of fish brassieres and is likely to replicate the Bank formula in other cities.

It's togetherness at recruitment groups PSD and Prime People. PSD has 29.9 per cent of Prime People and the two are based at London's Butlers Wharf. Now they are presenting their final figures on the same day - next Tuesday.

Many suspect a merger cannot be far way. Prime People rose 2.5p to 11.5p, anticipating a sharp profit advance - to more than pounds 400,000 - and, perhaps, the long-suspected takeover bid.

Comments