Foresight Enterprise Vct Share Discussion Threads

[sreed] 04/10/2002 11:26

nah, its just bear closing after ydays early morning dump

[reetus] 04/10/2002 11:21

Have you just gone short then?

[reetus] 04/10/2002 11:18

Share price seems to be climing its way back up now, so don't miss out on the action if you've been following recently

[speede] 04/10/2002 11:18

What's that smell !

145 debt and banks getting worried. More basd news to follow perhaps?

[reetus] 04/10/2002 11:13

Block buys rolling through now. Could be the Fund Managers going in and topping up.

Net Assets £163m/115m shares in issue = rough asset value per share of £1.41

[reetus] 04/10/2002 11:11

hark at Gordon Gecko!

[etaylor] 04/10/2002 11:06

Time to buy is @60p.

[reetus] 04/10/2002 10:10

It does seem to be sinking very quick which is worrying, despite yesterday's fall which was pretty much due to expectation (for insiders) of this bad news. However, if you're prepared to take a long-term view to holding this stock, it could start to look cheap if membership problems can be sorted out (increased marketing), which pretty much kicks into action post Xmas/New Year time when everyone makes these get fit promises!

[ip77] 04/10/2002 10:05

Can anyone see the bottom, this is sinking quick smart with MM sells as well.

[jazza] 04/10/2002 08:35

Looks to be company specific judging by the announcement by
LA Fitness - management eyes off balls etc.

Question is, can they turn it around?


Its a crowded sector out there, they need to regain the intiative fast!

[reetus] 03/10/2002 23:31

...And certainly time them well just before the market closes, with all the Insiders getting out during the day.

[valuemonster] 03/10/2002 21:45

Good call Xpense. Sometimes the market seems a little too efficient at predicting profit warnings.

VM

[zedder] 03/10/2002 20:46

THC (Topnotch Health) might well be on someones acquisition radar. They dropped 3.5p today on a sell of only 10000 shares. In fact, they've dropped from 50p+ as a result of a series of regular small sells over the last 10 months or so. Their results to 30th Apr 2002 have to be out before the end of Oct. I see the delay as VERY FISHY. Possibly a MBO or Bid to announce with results (admitted wild guess on my part)?

Turnover, when last reported in Oct 2001 was £6.4m for the 6 months. Tangible assets were £18m+. They now operate 20 clubs (see for more info).

The Market Cap is now less than £2m!!

[reetus] 03/10/2002 18:36

It is certain that the likes of Fidelity Investments, State Street and the Capital Group of Companies will be analysing the Trading Statement and having talks with FTF if necessary. As these companies have recently acquired stock in FTF, I think they'll shortly be dipping into their fund coffers to average down their position. Does this announcement of an anticpated 20% fall (being prudent) in pre-tax profits warrant am immediate 35% fall in an already depressed share price? Looks overdone to me, but hey I could be wrong!

[sugarbeast] 03/10/2002 16:30

its all about timing.

[mitzis] 03/10/2002 11:14

be extra careful on this one as the indicators are negative and suggest a fair price of 130p..dyor.

[reetus] 03/10/2002 10:49

Sounds unlikely to me as the results released at the end of June showed a healthy rise in turnover/profit as usual. Business is still growing (just opened up a new gym in Stevenage) and the annual rush after New Years Day will return again, so don't see how the business model can be affected that much.

These floated at about 175p when they first came to the market, so they are not far off that now (although there has been a consolidation) and there business has grown considerably into the largest operator in Europe in this time. as far as LA fitness/Holmes Place are concerned, I'm sure FTF could acquire one of these if it needed to bolster income/profits.

[reetus] 03/10/2002 10:25

Down 25% now today. Somethings up?

[xpense] 03/10/2002 10:18

profit warning possibly on the cards? Probably missed FTF but take a look at LA Fitness and Holmes place (forget possible bid- 175 is the level and MM's say this is overpriced. If you're long, be careful!

[reetus] 03/10/2002 09:52

Anyone know why FTF have gone down 15% today?

[quickflutter] 09/9/2002 18:41

Soon like Holmes Place probably

[h e went] 06/9/2002 00:18

Wonder if Fitness management are exploring an MBO

[dil] 05/9/2002 20:49

lol

:-)

[h e went] 05/9/2002 09:29

Look at Fitness First
Tasty. In light of Hol and Cannons and Esporta bids, this is next to go.....