stockwatch

Thursday 21st September 2000 00:00

Oriental Restaurants jumped 10.1% to 131p following speculation that Robert Breare was close to putting forward a recommended cash offer for the group.

Groupe Chez Gérard added 7.9% to its share value after reporting that its annual pre-tax profits had climbed from £3.3m to £3.6m.

Rank Group nudged up 1.4% to 168p on expectations it would sell its holidays business to privately-owned Bourne Leisure this week for up to £600m.

Meanwhile, it was another difficult week for the pub sector. JD Wetherspoon fell 3.3%, despite its earlier announcement of a 38% increase in annual pre-tax profits.

Scottish & Newcastle, Slug & Lettuce and Whitbread also lost share value. Whitbread, which is reviewing the future of its Beefeater restaurants, denied it has any plans to scrap the chain.

Bass fell 6.4% to 631p.

Queens Moat Houses, having earlier in the week announced a fall in interim profits, fell 4.1% to 18p.

TABLE: SHARE PRICE (PENCE)

Value at Value at %

16/9/00 9/9/00 change

Allied Leisure 93 95.5 -2.62

Alpha Airports 43.5 43 +1.16

Bass 630.5 673.5 -6.38

Belgo Group 4 4 0.00

Capital Bars 33 33.5 -1.49

City Centre Restaurants 44 48 -8.33

De Vere Group 303 299 +1.34

Friendly Hotels 70 67.5 +3.70

Granada Compass 690 711 -2.95

Groupe Chez Gérard 171 158.5 +7.89

Hanover International 105 106.5 -1.41

Hilton Group 200 216.75 -7.73

Jarvis Hotels 118 118 0.00

Jurys Doyle (IR£) 500 497.5 +0.50

Macdonald Hotels 157.5 151.5 +3.96

Millennium Copthorne 434 453.5 -4.30

Old English Inns Co 97 96 +1.04

Oriental Restaurants 130.5 118.5 +10.13

PizzaExpress 681.5 677 +0.66

Queens Moat Houses 17.5 18.25 -4.11

Rank Group 167.5 165.25 +1.36

Regal Hotel Group 30.5 30.5 0.00

Ryan Hotels (IR£) 69 69.5 -0.72

Scottish & Newcastle 410 420 -2.38

Slug & Lettuce 245 255 -3.92

Thistle Hotels 122.5 117.5 +4.26

JD Wetherspoon 355.5 367.5 -3.27

Whitbread 453 458.5 -1.20

FTSE Leisure & Hotels 3275.80 3430.50 -4.51

FTSE All Share 3100.84 3177.54 -2.41

    Caterer and Hotel Keeper Jobs
    Most ReadMost Viewed News
    Sign up to Caterer and Hotelkeeper
    Also on Caterer and HotelKeeper
    Blogs