Any target on the chart? Last time it was here, it went straight to 264p more or less.

Sell for now.

Arena Leisure reports good start to year
MoneyAM
Arena Leisure said it expects to report profits before tax and interest for 2007 of around £6m, which is in line with market expectations.

Arena, which operates seven UK racecourses, said the current year has started well and it is optimistic that it will 'move forward in 2008'.

The UK racecourse operator added that it is in discussions with 'a number of lending institutions' to secure funding for developments at its Doncaster, Wolverhampton and Lingfield racecourses, which it expects to have in place by the time its full year results are announced on March 6th.

The company also said it has signed a one-year contract to oversee the management of racing operations at the new Great Leighs Racecourse in Essex.

Arena added it will be writing down £1m of costs incurred at the end of 2005 on development work at Royal Windsor Racecourse.

The chart is looking fine now.

is it mitzy?

Only joking scot..sell for now.

its ok mitzy.....most shares are dreadful right now

hi scot...how about some deep fishing at these levels/

Profit warning..!

Been a long time since I looked at this.