||EPS - Basic
||Market Cap (m)
|Travel & Leisure
Real-Time news about Powerleague (London Stock Exchange): 0 recent articles
|maddox: Whilst this announcement suggests all options are open the reference (see below)to the expiry of the 12 months period is significant.
They could have sold some or all of their stake within this period so this is something that they haven't to date wished to do. On the other hand, however, had they wished to purchase more, which with a 29% holding would have triggered a full bid, it would have to have been at the price of 97.5p. Now they are free to bid at a lower price.
'Patron Sports Leisure Sarl notes the recent significant movement in the Powerleague share price and confirms that it has not made an approach to the Company but, as part of its own internal strategic review and the expiration of the twelve month period from its original investment, it is considering its options in relation to its 29% shareholding in the Company. These options include, inter alia, making an offer for the remaining shares of the Company, alternatively continuing as a minority shareholder and as a strategic partner of Powerleague and helping its further expansion or alternatively disposing of some or all of Patron's shareholding.'
|slapdash: cupa - they may have more pitches per site... Anyway, means its easier for powerleague to catch up... Goals have no patents over their 'model' so Powerleague can just play copycat....
My main point is Powerleague is by far the most attractive investment... but we will see... in 3 years I expect it to do much better than Goals in share price terms but we shall see....
|addicked: A good BUY recommndation in the Independent today, which also mentions that it is much better value than Goals:
Our view: Buy
Share price: 73.5p (+2.5p)
With the World Cup just around the corner, now is a good time to be an expanding a 5-a-side football centre business. Powerleague, Britain's premier player in this field, is doing just that. Yesterday, it announced the purchase of 10 new pitches in Bolton.
Powerleague plans to extensively upgrade this facility by returfing the pitches with the latest playing surface, revamping the changing rooms and adding a new sports bar to give punters a place to have an after-match pint. The acquisition in Bolton brings the total number of centres the group runs to 35, making it by far the largest national operator.
Yesterday's deal comes hot on the heels of Powerleague opening a centre in the City of London. At the time, it said forward bookings had been very strong. Now the group boasts that the Square Mile site has been its most successful launch to date, and in response to the high demand it has added an extra pitch.
As well as hiring out 5-a-side fields, Powerleague also generates cash by getting big companies to sponsor events it organises. It has signed sponsorship deals with Sony's Xbox, Nike and Lucozade, which, together with the money it gets from events it runs, account for 14 per cent of group earnings.
Analysts expect profits at Powerleague to rise to £4m this year and again to £5.6m in the year after. At 73.5p, the stock trades at just 15 times 2007 forecast earnings. That is a substantial discount to quoted rival Goals Soccer Centres, and one that is unjustified. Buy.|
|merroth: I have heard that this increase may be due to a statement from GOAL's Keith Rogers who commenting on the results said that there was room for another 100 centres in the UK (Though GOAL only has 18 plus another 14 definite pipeline).
A follow up piece from a bullish broker in the FT said that if GOAL had 100 centres it would make £50m per year and the shares would be worth 860p
Now while that is overoptimistic in my mind, I think this news about future potential sites (Keith Rogers has proven track record in this industry) has now filtered through to the markets hence the share price jumps of around 10% for both GOAL and PWR today.
I haven't looked at the PWR trade pattern but GOAL has had maybe 1 or 2 sells against 40 buys today so far. This is real pressure and unlikely to be short termist in my view as there are no results or other RNS's anticipated soon. Sure we may see a top slice of profit takers but I think most people are getting in for the long run on these stocks.
Before you ask, Yes I do have a position (in GOAL) and to be honest i don't know that I could recommend either of these two as a buy (just my conservative nature) - its a firm HOLD
Anyone else think different? What kind of exit prices are you guys looking for on PWR?|
|unadkat: Goals shareprice has already gone up extremely well, its now time for Powerleague to do the same. Hence all the buying by the big institutions. If we take Goals share price as the measure - this share price should hit £1.00 very quickly|
|chapman123: GOALS FINISHED UP 4P BUT NICE TO SEE SOME TRADES ON PWR ALL BUYS YET PRICE DIDNT MOVE AWAIT SEPTEMBER RESULTS
Buy Goals Soccer Centres at 127.5p
Argues Rob Cullum, editor of Trendwatch.co.uk
Warren Buffett once said: "I like a business that an idiot can understand, because sooner or later it will be run by one". We're fairly sure that no idiot is lurking in Goals Soccer Centres, because it's certainly easy enough to understand.
Goals is one of those companies that has found a successful business model, operating 5-a-side football centres, and is now aggressively rolling it out across the country.
Its roots go back as far as 1987, when Goals' managing director Keith Rogers co-founded his first soccer centre. After building it up to 11 centres, he sold it to 3i for 28 million pounds. So Mr Rogers clearly understands what he's doing; and if people like 3i are involved, you can be fairly sure that there's a lot of growth potential in this sort of business.
The value of investments can go down as well as up. Investing in equities can lose you part or all of your capital. Smaller company shares can be relatively illiquid and thus hard to trade. And that makes such investments more of a high risk than larger company shares. Uk-Analyst.com is owned by t1ps.com Ltd which is regulated by the FSA and can be contacted at 49 Rivington St, London EC2A 2QB or on 0207 033 9389
Why is that? Well, it's almost self-evident, really. Football has captured the imagination of the world. Millions of people want to play 5-a-side for fun and for healthy exercise. And if you offer excellently run, attractively designed, all-weather, floodlit facilities, people will hopefully beat a path to your centre. 30,000 customers pay Goals around 5 pounds per game every week.
Goals was formed in November 2000 to effect a HBOS-backed management buy-in of an existing business that operated five football centres, often on land leased from schools. It floated on AIM in December 2004. Goals now has 12 centres, and plans to open another 15 over the next three years. The minimum criteria for a centre are that it must be well located and easily accessible within urban areas of at least 150,000 population. A typical centre costs 1.8 million pounds to set up and 5 months to build. Most pitches use the most up-to-date artificial grass technology, which more accurately reflects the characteristics of real grass, but without the heavy maintenance overhead.
Most of the current centres are held on long leases, often located on land leased from schools or local authorities. Goals allows the occupants of these premises to use the pitches during off-peak times free of charge. This mutually beneficial arrangement helps Goals to secure well-located sites from both the public and private sectors.
Its maiden full year results, published in February, looked very promising. Sales up 35%, earnings per share up 50%. KBC Peel Hunt foresees extraordinarily fast growth: a near doubling of earnings this year and a further 66% surge next year. The shares are currently rated in line with its sector; but that is much too low relative to its earnings growth rate. This is evidenced by the exceptionally low 2006 PEG of 0.3.
It does have competition. For example, AIM-listed Powerleague has more than double the number of Goals' centres and attracts 75,000 players a week compared to Goals' 30,000. Goals claims that its emphasis is on delivering a quality experience for the customer. Around 30% of Goals' revenue comes from non-foot balling activities such as bar sales.
That's about all there is to know. Goals is a company with a well defined growth strategy. And, in general, strong earnings growth and a rising share price go hand in hand. It isn't quite in Warren Buffett's league in terms of scale but Warren's attraction to simple businesses that he can understand (and his rejection of those he cannot) is legendary. The story behind Goals is so straightforward that even we can understand it; so Warren would probably love it. BUY
Spread 125p - 130p
Market Cap 53.4 million pounds
TrendWatch is unique. It is the only publication that gives you complete listings of shares in uptrend and downtrend - vital information for investors and traders alike. Based on this, we make three fully researched share recommendations per fortnight. For a 3-issue free trial, contact us at http://www.trendwatch.co.uk/.
UK-Analyst.com is owned by t1ps.com limited which is authorised and regulated by the Financial Services Authority. The website and the articles on it are for general guidance only and we cannot assume legal liability for any errors or omissions it might contain. The value of investments can go down as well as up and you may not get back the full amount you invested. To unsubscribe from UK-Analyst.com click here. The past is not necessarily a guide to future performance. The difference between the buy price and the sell price for smaller company shares can be significant. Before investing, readers should seek professional advice from a Financial Services Authority authorised Stockbroker or Financial Adviser.
Some of the shares recommended on this site will be smaller company Shares. By their nature such investments can be relatively illiquid and thus hard to trade. And that makes such investments more of a high risk than larger company shares.|
Powerleague share price data is direct from the London Stock Exchange