New beginning for Trocadero
Wednesday 01 October 1997
Trocadero now owns the Enid Blyton rights and has a 50 per cent stake in problem-ridden Segaworld. Other interests include a 3D cinema and an indoor freefall ride due to open soon at the Trocadero. The future looks bright enough for the Enid Blyton side, currently trading well ahead of last year. The company has recently signed some important TV deals.
The real question mark hangs over the leisure side of the company. The well publicised difficulties at Segaworld trundle on and the freefall ride and the 3D cinema were both initiatives of the recently departed Nigel Wray and Nick Leslau. Prospects now hinge on how Mr Conlan and Mr Tamlyn decide to spend the pounds 73m freed up by the property deal and on how quickly the forecast break even this year is turned into profit.
Trocadero's shares are currently hovering at around 19p, just above their all time low after a horrific year. The new management team's remuneration package gives them a strong incentive to turn the business round. A tentative buy, depending on the faith you place in the Conlan and Tamlyn double act.
Sales of the tablet are set to fall again say analysts
World's most lethal spider found under a bunch of bananas
British supermodel and hitmaker join forces to launch a 'huge song'
The Duke and Duchess of Cambridge announce they are set to welcome second child in spring
I Am Bread could actually a challenging and nuanced title
- 1 Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
- 2 Ebola outbreak: What is bushmeat – and is it to blame for the disease that has killed thousands?
- 3 Star Wars memorabilia called a 'bit of plastic' on Antiques Roadshow by Fiona Bruce valued at £50,000
- 4 Meet Thea, Norway's 12-year-old child bride
- 5 Russell Brand might seem like a sexy revolutionary worth getting behind, but he will only fail his fans
Kobani: Fifteen-year-old boy taken captive with suspected jihadist 'shot in the head by militant group' fighting against Isis
Ebola outbreak: What is bushmeat – and is it to blame for the disease that has killed thousands?
Isis fighters 'crucify' 17-year-old boy in Syria
Oscar Pistorius sentencing: Olympic star must serve 10 years, prosecutor urges
Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Sorry Judy Finnigan – Ched Evans is no less sickening than an alleyway rapist
Residents should throw a street party and mix with immigrant neighbours, councils told
Workers 'could be forced to pay £5 a week' to get benefits
Russell Brand threatened with arrest after filming outside Fox News headquarters
Amal Alamuddin calls for the return of the Elgin Marbles from Britain: 'Injustice has persisted for too long'
iJobs Money & Business
£18 - 23k + Benefits: Guru Careers: We are seeking a Customer Service Executiv...
£60 - 65k + Benefits: Guru Careers: We are seeking a ASP.NET Web Developer / ....
£60,000 - £80,000: Saxton Leigh: Our client is an leading Asset Manager based...
£27000 - £32000 Per Annum: Clearwater People Solutions Ltd: Our large charity ...