A QUICK TURNAROUND
What strikes me about Grand Parade Investments’ recent results is how it has changed the face of the business so quickly and effectively. Once just a gambling house, it is now a holding company focusing on consumers’ disposable income via quick-service restaurants, gambling, hotel and conferencing, as well as some backend functions via Mac Brothers and Tellumat. That all said, the recent results were very good considering the pressure consumers are currently under, but the share price had got well ahead of itself trading at almost 800c before slipping back. Further weakness in the price will make for a great entry point.