I am guessing that 48 year old male technical analysts with four children and a bald spot are not part of the core clientele of Eclectic Bar Group (BAR), whose offering includes such brands as Lola Lo, Po Na Na, and Dirty Blonde. With the shares at the bottom of a possible range, I offer an upside share price target.
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.









