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Ten Entertainment Group – a good business at a cheap price

The group's shares look as though they have been a victim of forced selling at Woodford Investment Management. Nimble private investors could bag themselves a bargain
Ten Entertainment Group – a good business at a cheap price

In last week’s column, I looked at Hollywood Bowl (BOWL) and came to the conclusion that it was a very good business trading on a reasonable valuation. In doing so, it appeared that one of its rivals, Ten Entertainment Group (TEG) was also a pretty good business trading on a very cheap valuation. So this week I’ve decided to take a closer look at TEG to see why its shares are so much cheaper than Hollywood Bowl’s and whether that is unjustified.

The business

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