Does anybody know the reason why this stock has fallen over recent months despite encouraging results and consistent growth in turnover? With the results due out next month could this be one to have a look at?

I can see where you're coming from and you could be right. However, the two contracts gained last summer should show up as profitable. I have no real technical evidence to back up my optimism but the share price is trading at the bottom of it's range and transactions over the past couple weeks have mainly been buys.
I think the share price went down as they were unable to pull together anough interest/funds to buy a bigger stake in FW's comp. However, this could change after good results....

What's going on ?
200k shares just gone thru as buy @ 4.15p.!
No results today.. no indication of when they will be released. could go iether way..cliffhanger or what ?

Ok. What's it all about !? If this company is so bad and shouldn't be touched with a barge pole, why has there been so much buying going on and share price is edging upwards ? Surely peeps would not go in on this one unless they thought the share price would go up ? or am I missing something ?

we bought a pile of these when they were recommended in Shares mag, after a 57% loss on our initial we just upped our stake in these another few thous, almost break even but why the sudden increase, can't find any news on them - but not complaining.

up 30% today to 7p and still rising, no indication as to why...!!anyway has any theories

Long story this one. Don't know all the ins & outs but... NAV = 13-16p, 2 good deals last year, profitable, results due soon. should be more deals going on this year. Power struggle going on Franks Warren/SN etc. Should be more upside coming through but don't know how much. SP should get to double gigures in next week or two but... I could be wrong! DYOR etc.etc.,:)

Others may have addtional, more accurate info.

shares supended ...reverse takeover ..what does it all mean ???

Sports & Leisure Group PLC
12 February 2004


Sports & Leisure Group plc ('the Company')

The Company has noticed the recent increase in its share price and announces
that an agreement has been reached in principle to acquire the remaining 74% of
Sports Network which it does not already own, for a consideration to be
satisfied only in ordinary shares in the Company.

The transaction would constitute a reverse under the AIM Rules and, accordingly,
the Company has requested a suspension in its ordinary shares with immediate
effect.

A further announcement will be made in due course.




This information is provided by RNS
The company news service from the London Stock Exchange

I've no idea...I would have thought it would be good as it's a reverse takeover.
I have 40k's worth bought at an average of 7.3p over the past 6 months. So i'm hoping that I won't loose anything. I'm no expert but the shares should come back higher.. but I've been wrong before !
Could take some for the share suspension to be lifted.
I'd obviously be interested in other views & predictions... Good luck all :)

here's an article in todays ft..


Sports & Leisure Group is expected to announce today that it is in preliminary discussions to buy the 74 per cent of Frank Warren's boxing promotion business that it does not already own.

Shares in the Aim-traded company soared by 42 per cent yesterday, closing 21/8p higher at 71/8p. Volume has been heavy in the past two days.

Details of the possible transaction have not been completed, but it is believed that Mr Warren would be issued shares for his majority stake in Sports Network.

Because such a deal would amount to a reverse takeover, it would require shareholder approval.

Mr Warren's stable includes Joe Calzaghe, undefeated world super-middleweight champion, and Ricky Hatton, WBU light-welterweight champion.

Its current 26 per cent stake in Sports Network is Sports & Leisure's only business.

In December, it allowed an option to buy another 24 per cent to lapse, saying it had "not found an acceptable basis for exercising the option", which would have cost 6m in cash or shares.

It paid 2.8m in cash for 22 per cent in March 2002 and 1m for an additional 4 per cent in September 2003.

Sports & Leisure raised the cash for the original payment to Mr Warren through a placing which raised 3.5m.

The shares have never reached the placing price of 15p.

The shares have more than doubled since their record closing low of 3p on January 5. Even so, last night's market value of 2.4m is less than two-thirds of what was paid for the 26 per cent stake.

The company floated as Online Sports & Leisure in May 2000 but said a year later that opportunities in its target sector - broadcasting live video footage over the internet - were "overvalued" and "had little chance of being profitable".

It conserved its cash and made no investments, apart from taking a share in a boxing promotion with Mr Warren, until the Sports Network deal in 2002.

Thanks Kantona, do you hold shares in SOP ? What's your impression, is it good or bad ? What'll happen ?

i only bought few days ago around the 6p mark ..i bought only around 8k for a short term .. i am excited by the suspension as apposed to being concerned.. generally as u have stated reverse tends to drive the price upwards , which i ecpect in this as well ..the outcome is always uncertain until further details are revealed by the company, as the whole takeover is done by allocation of new shares ..alot vll depend on how much the sports network is valued at the present time.. what deal has been struck by messrs warren and co..i could only imagine it would be favourable..and finally hw many new shares vll come into the market ... as u can see too early to predict anything.

however in view of the recent rises ..which attracted me to have a flutter ... and past experiences i am hopeful the shares vll return better priced..

i know not much meat in this post ..but these are my general feelings at the time..

good luck

Thanks for this Kantona. Agree with your overview .. I feel a bit more positive now. Good luck also..

we had a few thous of these after a recommendation in shares magazine back in July 2003, we bought a lot more last week at 5p ( it took a telephone broker most of day to get them buying in 500 lots ) Obviously the company has requested suspension as the price changes would jeapordise payment of the contract, it should highlight attention to SOL and hopefully the market will realise the share is undervalued anyway, after this buy-out a further increase in share price is hoped for.

Fingers crossed - another of our make loads or lose the lot shares- hopefullly this turns out to be the former

Got some news released on SOP yesterday. Poor results for 2003 but trading OK this year.
Surprised no postings on this yet.
Suspension should be lifted with next week or two.
Anyone got any predictions on what price it'll come back at ? higher or lower ?

They have an AGM on the 12th August. Expect an update on the remaining 74% stake of Frank Warran Promotions, likely to be a share placing. Not sure if they will resume trading on that date or soon after.

This one's been getting a lot of good press over the weekend & there's more to come. SP has more to go (IMHO). It's looking good. I'm just about to break even but expect to see substantial returns over the coming weeks & months :) (imho)

Skyhigh
I haven't seen any press news? Can you please paste or add a link?
Thanks

Time to watch this one again. should do well in 2005. very profitable. SP could double/treble. results due soon could be as early as 1st half of Feb. Have gone back in (small time)... on the other hand, aquisitions are on the cards so there could be equity placings/funding issues... who knows ! ... still- would prefer to be in rather than out... (imho, dyor) :)

Any one in SOP ? If so ,,, any views ?

Khan avoids the Audley approach

Olympic star has plenty to learn after joining Warren

John Rawling
Thursday February 24, 2005
The Guardian

Along with Kelly Holmes and Matthew Pinsent, Amir Khan was perhaps the highest-profile British success story of the 2004 Olympics as he stunned hardened pundits and wowed television audiences by winning the lightweight silver medal at the age of 17.

It was always a question of when, rather than if, he would turn professional and the confirmation of his decision to do so is imminent after he pulled out of the English Amateur Boxing Association championships last night.

The precociously talented Khan was due to fight on Saturday in the quarter-finals of the ABAs in Lowestoft and his withdrawal was supposedly because of a row over ticket allocations for his supporters. But in fact a deal is understood to have been signed with Britain's leading promoter Frank Warren.

Neither Warren nor Khan was available for comment last night but they have spent months in negotiations, when Khan was also approached by other British promoters. He is rumoured to have been offered a huge cash advance by Barry Hearn and was courted by the former world featherweight champion Naseem Hamed, and American backers also expressed an interest.

Warren was insistent that he would not give Khan the sort of much-criticised 1m contract granted by the BBC to the 2000 Olympic super-heavyweight champion Audley Harrison. Whereas Harrison was free to choose his opponents, Khan's career will be closely supervised, with decision-making over potential fights taken out of his hands. And, although he has learned the sport under the tutelage of his Bury Amateur Boxing Association coach Mick Jelley, principal responsibility for shaping his progress is likely to be handed to the Manchester trainer Oliver Harrison.

Khan has been hyped as one of the greatest talents to have emerged from the British amateur ranks after he surpassed all logical expectation to reach the Olympic final, where he lost to one of the outstanding performers of recent years, the Cuban Mario Kindel. His mature handling of the media also had him quickly identified as a potential professional star.

Warren said immediately after the Athens games that Khan would be unwise to stay amateur, but the young fighter insisted he wanted to continue in the unpaid ranks for four more years to fulfil his dream of winning an Olympic gold medal. Warren's argument was that there was little point in delaying the chance to cash in on commercial opportunities for the sake of medals.

An audience of eight million tuned in on a Sunday lunchtime to watch Khan's Olympic final appearance, and considerable publicity has surrounded his subsequent appearances. As well as the ABAs on Saturday, officials were hoping he would be available to box for Britain in next month's Four Nations international, a competition which would include Cuba and a possible rematch with Kindel.

But it seems likely Khan will now have only one further outing as an amateur when his club, Bury ABC, stages a fund-raising night at Bolton Wanderers' Reebok Stadium next month. Thereafter he will fight as a professional on Sky, assuming the company chooses to renew its contract with Warren when it is renegotiated in the summer.

If Khan is to fulfil his potential his skills need to be tightened up considerably. One of Britain's leading fighters, Ricky Hatton, the World Boxing Union light- welterweight champion, said after watching Khan in Athens: "He has a lot of ability but he jumps in with his head too high. Working in a professional gym will help him to improve defensively, which is absolutely vital."

The Manchester fighter urged Khan to make a speedy transition to the paid ranks so that the youngster's impetuosity and amateurish traits would not become too ingrained.

Hatton also turned professional at 18 and has become the highest-paid fighter in the country - indeed, he will be recognised as the No1 in his division if he can overcome Kostya Tszyu at the MEN Arena on June 4. A possible debut for Khan would be on the Hatton undercard that night but, with the fight already assured of being a 21,000 sell-out, Warren might choose to showcase Khan at an earlier date.

The signing will represent a personal triumph for Warren, who has been under increasing pressure from Sky in recent months to stage marquee fights for the armchair audience. He delivered a world heavyweight title challenge for Danny Williams against Vitali Klitschko in December in addition to staging Hatton-Tszyu, and signing Khan will significantly strengthen his hand as the sport's major player in Britain.