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Gym Grp Share Discussion Threads
Showing 51 to 74 of 75 messages
|Talk of P/E taking out Gym group..... Pure Gym a possibility too|
|i presume this has been sold off in anticipation of the Pure float. that has now been canned. I guess the upside is going to be capped until the Gym overhang is out the way, and ultimately Pure gets done. but it hit £2.80 with all this in the background before. I still think this a cheap solid growth prospect.|
|Oregano, I actually think you are right. I'm holding with GYM too, good buying opportunity right now and a better investment in my eyes. sh1984, i'm curious about the IPO offer price too|
|VCs are always going to sell down their stake. they have another 30% to go. I have bought more as GYM is performing exceptionally well operationally and it is a better investment than Pure. Investors aren't going to sell GYM to buy Pure. this is a great opp.|
|Not good at all, perhaps the impending flotation of Pure Gym has got something to do with it, will make life more difficult now for GYM group, Pure Gym will have cash to invest from the flotation, interested to see what their IPO offer price will be.......|
|Thoughts on the current sell off of 15 million shares by a major shareholder? Sounds like flea tactics to me! Not good!|
|Surprised at the SP, just as much as you today - Given company is making profit, probably down due to some profit taking as there were some big buys yesterday at market close.
Difficult to gauge with this one, Share Price was at 274p in April and if anything the company is in a better position now compared to 4 months ago......|
|Excellent results as expected - when should we expect the share rise though? not much movement so far!|
|I don't see how this earnings multiple can be justified. Competition in this sector is cut throat, and this business doesn't appear to bring anything new or exciting to the table. I don't think growth will be maintained without further fundraising / takeovers. Can't see it ever making a return for its shareholders. Best avoided IMHO|
|Up she goes.......... hoping for another bounce up on tomorrow's RNS on interim results.|
|I sure did!|
|Up today, on the news of fitness first takeover & site split off, so in essence less competition for gym group.
Hope you bought last week|
|Interim results due Wednesday 31 August 2016, so should see some buys coming up in anticipation of good results based on previous trading statement. Given bank holiday this weekend, hope to see some good activity today & Tuesday.|
|there are alot of business out there whose business model is under threat. the GYM group is a disrupter. it is a clean business, no legacy problems that come from old tech or acquisitions. and given the fact it has gone no-where (in share price terms) since the float, it is now much better value at 11x EBITDA.
Personally i think it is a trade up to 250 - 80p, when you get the VC backers coming in and placing a load more stock. it does rely on good forthcoming numbers, but i think the trading statement gave us some visibility. of course it could produce good numbers and go no-where, but i look at stocks like PFG that have recovered well post Brexit and don;t see why this shouldn't follow suit.|
|Thanks guys. I think i'll be picking up some of these too. Roll on results day!|
|Debt will always be high initially for this type of business due to the large investment needed upfront for new facilities & equipment. I expect the level of debt will reduce this year as they can leverage their supply chain to cut purchase costs and also reduce their operational cost base as they expand.
Based on their previous update total members at 30 June 2016 of 424,000, are up 19.4% versus H1 2015 (June 2015: 355,000)& Strong cash generation in the period with net debt reduced to £2.5m at 30 June 2016 (December 2015: £7.1m).
The consensus market forecast is for profit of £8.9 million if they hit that or are anywhere near then this is a winner.|
|i have been picking some of these up. having been a member of Virgin / Nuffield gyms for many years, i visited a Gym group. It is an amazing concept, and a third of the price of their competitors. if they stopped growing they'd chuck off cash, but so long as they can find the locations(which a weak economy should help), they should carry on growing. I guess the risks are a slow down in member growth, or the impact of the living wage. there is still 40% owned by VCs, but I'd guess they will wait for price appreciation before they look to sell. I could be wrong on that.
tfl - their debt is going to rise a bit from here.|
|Definitely expanding at a high rate and i suspect they'll continue to do so. Just feel like theres not a huge amount of interest in the share. I'm fairly new to all this but their pre-tax against debt doesnt seem in a great position at present|
|Agree with you on the results being positive, why do you think the fundamentals are dodgy? the gym group is in a niche position as a low cost gym operator with only one major competitor. Customer numbers are increasing at a high rate and they are opening new facilities across the country, will be a challenge to maintain that level of growth, but surely it's in a better position than 90% of other gym operators due to its low cost base.|
|Any thoughts on the upcoming results?? I suspect the results will be positive but the fundamentals still look dodgy|
|Some big buys today, hope it continues for the remainder of the week on the sentiment of positive results next week.
Nice article out recently too
Did some research and if they meet market expectations (£8-9m profit) which the CEO claimed was on track last reporting period then this is undervalued............ I'm in|
|results due end August?|
|Something's up as this is a positive rise today.|