UK 21:12 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Eclectic Bar Group (BAR) yesterday delivered a master class in how to deliver bad news. At 7 a.m. the company announced its latest dire trading update. For about thirteen minutes shareholders must have been pulling their hair out. Faced with the third overnight cliff dive in seven months, this ill-fated bunch would have been forgiven for wondering which stock market gods it had wronged to deserve such poor fortune. Then at 7:13 a.m., like a divine bolt from the blue, came the second RNS. None other than serial leisure entrepreneur Luke Johnson (primarily of Pizza Express fame) was buying into the company and joining the board as Executive Chairman.
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