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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Goals Soccer Centres Plc | GOAL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 27.20 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 27.20 |
| Top Posts |
|---|
Posted at 27/3/2019 13:15 by sunnybeachboy I phoned that number earlier on the bottom of the RNS. But as I'm a private investor they couldn't tell me anything. |
Posted at 08/3/2019 13:15 by apollocreed1 I think the lesson from this stock is never to buy any individual stocks. There is no way that you can ever be assured that there is no fraud occurring in the company. I've suffered big losses in the recent past from believing the false trading statements of various CEOs, but in the UK especially, there are very weak punishments for fraud.Directors usually buy shares to deceive investors into following them, because their salaries are much higher than the amount they put into the shares. Even Mike Ashley and the North Atlantic Smaller companies Trust have been swindled by GOAL, so there is no advantage to being a professional investor. Over the long-term, no investment can beat the safety or return of being a buy-to-let landlord I even had my fund managers in the City Financial Absolute Equity Fund stealing from the till. |
Posted at 19/7/2018 09:31 by eastbourne1982 Main shareholders listed below, very few shares are available.hxxp://www.goalsplc. |
Posted at 03/5/2018 11:52 by matt123d Obviously not but as a private investor it creates opportunity. |
Posted at 13/3/2018 17:18 by hatfullofsky Jimmy - Guess you chose to ignore the Property Assets of 117M.As investors we look forward. They seem to be doing the right thing, the market will catch up. |
Posted at 21/1/2016 23:48 by eastbourne1982 Hi Arthur,Thanks for your reply. I nearly bought a couple of months ago at around £1.30 however I missed the boat and it ran up quite quickly. I quite like the business and it's a pretty easy one to understand which is always good when investing. Personally I think the main upside here is in the USA with new sites gradually opening, obviously the company believes this as well, I think the business is quite well protected in terms of competition, there wouldn't be much point in rivals opening in the same locations etc. I'd be happier if they had a little less debt however this has improved a lot over the years and isn't a big concern, as an investor I'd rather they didn't pay a dividend as you don't really buy this kind of thing for it's income, I'd rather they put that in the bank and built up some cash. The price is drifting lower on small sales at the moment so I will see how this plays out, I may look to build a position over time, the wider markets don't bother me too much with this kind of share / business, it's pretty much halved from a peak around £2.40 as well. Very interested but waiting. Cheers |
Posted at 03/1/2014 15:44 by davebowler Citywire tip;Finally, investors must not overlook the most important event of 2014: the World Cup. Leigh Himsworth, head of UK equities at City Financial, has some ideas on who will win. 'The bookmakers are in line to trade well given the football World Cup, but which will get the Golden Boot? GVC is the largest online gaming company in Latin America and has already ramped up its TV ads in anticipation of a busy summer. Goals Soccer Centres, operator of outdoor football centres in the UK and now with an established presence in the USA with a site in Los Angeles, is outperforming its two major competitors and looks set to benefit from the soccer boom in America. With a more favourable winter climate compared to last year, and a boost from the World Cup, it could easily see earnings growth exceed expectations. |
Posted at 09/8/2013 13:23 by gerdmuller Well looking back the offer was for 144p last year so if this one moves much more it looks like investors made the right decision to reject it.And you just get the feeling this one might move some more. Anything seems possible in this market the way its been over the past 15 months or so. Even I have been making money. |
Posted at 25/8/2012 20:34 by malc999 This is from The Independent published 23.08.2012:-The match to take over Goals Soccer Centre, which had already dragged into extra time, yesterday ended in a shock defeat for the £73m bidder. To the surprise of analysts, shareholders in the company which operates 43, five-a-side football centres in the UK as well as one in the US failed to back an offer from Canadian pension fund the Ontario Teachers' Pension Plan. Goals' board had agreed to the approach from Ontario in July, but with it requiring 75 per cent of independent shareholders voting at yesterday's meeting to back the move, only 71.4 per cent did. The 80 shareholders mainly institutions who did vote between them hold 30.5m shares, just over 60 per cent of the total number of shares in issue. With the £73.1m offer worth 144p-a-share, shares in Aim-listed Goals slumped 20 per cent, or 29p, to 115.5p. The decision prompted surprise among analysts, with those at the broker Panmure Gordon saying they "cannot remember a similar instance where shareholders have voted down a firm bid with no alternative offer and the obvious immediate share price downside". The bid process has been running since early April with four extensions granted by the Takeover Panel. Goals' rival, Powerleague owner Patron, did look at making a bid for the company, but dropped out earlier this month. "Obviously we are disappointed that we have not struck a deal", said Goals' managing director Keith Rog-ers, who holds an 8 per cent stake in the company. "However, to have a significant percentage of shareholders believing that our company is worth considerably more is testament to the great business we have built. "We are totally focused on our stated strategy to continue to build on the considerable success that has already been achieved," he added. The match to take over Goals Soccer Centre, which had already dragged into extra time, yesterday ended in a shock defeat for the £73m bidder. To the surprise of analysts, shareholders in the company which operates 43, five-a-side football centres in the UK as well as one in the US failed to back an offer from Canadian pension fund the Ontario Teachers' Pension Plan. Goals' board had agreed to the approach from Ontario in July, but with it requiring 75 per cent of independent shareholders voting at yesterday's meeting to back the move, only 71.4 per cent did. The 80 shareholders mainly institutions who did vote between them hold 30.5m shares, just over 60 per cent of the total number of shares in issue. With the £73.1m offer worth 144p-a-share, shares in Aim-listed Goals slumped 20 per cent, or 29p, to 115.5p. The decision prompted surprise among analysts, with those at the broker Panmure Gordon saying they "cannot remember a similar instance where shareholders have voted down a firm bid with no alternative offer and the obvious immediate share price downside". The bid process has been running since early April with four extensions granted by the Takeover Panel. Goals' rival, Powerleague owner Patron, did look at making a bid for the company, but dropped out earlier this month. "Obviously we are disappointed that we have not struck a deal", said Goals' managing director Keith Rog-ers, who holds an 8 per cent stake in the company. "However, to have a significant percentage of shareholders believing that our company is worth considerably more is testament to the great business we have built. "We are totally focused on our stated strategy to continue to build on the considerable success that has already been achieved," he added. ....and this is from the The Herald published on the same date:- Around £14m was wiped off the market capitalisation of the five-a-side football business yesterday after the 144 pence per share offer from the Ontario Teachers' Pension Plan (OTPP) was rejected. A total of 61 independent shareholders, controlling more than 21.7 million shares, approved the deal giving it 71.4% support, which was just short of the 75% threshold required. Panmure Gordon analyst Simon French said: "We cannot remember a similar instance where shareholders voted down a firm bid with no alternative offer and the obvious immediate share price down side." Goals management, including chief executive Keith Rogers, had recommended the deal while significant shareholders, such as Henderson Global Investors and Aviva Investors Global Services, had indicated their support. If the deal was approved, Mr Rogers would have seen his basic pay increase 47% from £160,690 to £235,690, with other executives also in line for pay rises. The management stood to net around £9.3m from the sale of their shares. However, they had agreed to use £6m of the potential proceeds to invest in the equity of the company formed for the purpose of the bid, called Goliath Bidco, with the remaining £3.3m being paid in cash. Goals operates 43 centres in the UK and one in Los Angeles in the United States. Further North American sites were understood to be one option being considered for growth. Yesterday, East Kilbride-based Goals confirmed it was not in discussions with any other party regarding a takeover. Patron Capital, which owns small-sided football operator Powerleague, has previously expressed an interest in Goals. Under takeover rules OTTP, one of Canada's largest pension funds, would need special permission to make a further bid for Goals within the next 12 months. A spokesman for Goals suggested those voting against the deal may have felt the company was worth more. The share price peaked at more than 440p in 2007 but plunged to less than 90p near the end of 2011. Sir Rodney Walker, non-executive chairman of Goals, said the management would "continue to focus on delivering the Group's strategy of delivering a best-in-class 5-a-side football experience to customers in the UK and beyond". The shares were down 29p at 115.5p, giving the company a market capitalisation of around £56m. |
Posted at 31/5/2012 11:06 by 2gekko Goal is being tipped in this week's, Investors Chronicle magazine by Simon ThompsonHome > Comment > Simon Thompson A bid target worth punting on By Simon Thompson I have been taking rather a keen interest in football lately and not just because my journey home last weekend was interrupted by thousands of jubilant Chelsea fans on London's King's Road celebrating the club's Champion League win. My interest in the beautiful game is more financial at the moment, and with this in mind I noted an announcement from five-a-side football pitches operator Goals Soccer Centres which has been in bid talks with the Ontario Teachers' Pension Plan since early April. What piqued my attention was the fact that the Takeover Panel has told the Canadian Pension Fund, one of the country's largest institutional investors, it has until the close of business on Monday 11 June to announce a firm intention to make a bid for the company. It's a classic 'put up or shut up' deadline and one that in my view will prompt the bidder to stump up the cash to take Goals Soccer Centres private. In fact, having run through the numbers in detail, I am convinced this is exactly the type of deal Ontario Teachers' Pension Plan will want to close. It certainly ticks all the right boxes as Goals Soccer Centres is a highly cash-generative, asset-backed business and one with a dominant market position, controlling 42 per cent of the UK branded five-a-side football market. The company has a strong growth profile, too, boosting no fewer than 40 sites in its pipeline to add to the 43 it currently operates from. Those sites are in the books for £110m and have been funded by £53.6m of bank debt but, more importantly, the cash generation of these soccer centres is mightily impressive as they produced £13m of operating cash flow and cash profits of £13.8m in 2011. That represented a 12 per cent profit uplift on the prior year, a trend that shows no sign of slowing, according to analyst Paul Hickman of broker Peel Hunt. In fact, he is forecasting cash profits of £15.2m in 2012, rising to £16.1m in 2013. Or, to put this into perspective, if the company stopped opening new centres tomorrow it could return cash back to shareholders equivalent to 40 per cent of its market value over the next three years just through cash generation alone. This will not have been lost on the Canadian suitor who is clearly having a close look at the books and will also be working on a take-out price acceptable to shareholders. Having done the same exercise myself, I firmly believe that the chances of a bid now materialising are heavily odds-on. That's because, with the shares being offered in the market at 132p, the company only has a market value of £63m which is a modest premium to its December 2011 book value of £52m. To put it another way, if Ontario Teachers' Pension Plan picked up Goals Soccer Centre at this price and paid off the company's debt then for a bargain £117m it is getting hold of a business for less than eight times this year's expected cash profits and a miserly seven times 2013 forecast cash profits. That would indeed be a bargain, but one that in my view will not tempt Goals Soccer Centres' shareholders to part with their paper. What probably would tempt them is an offer of between 155p and 160p a share, a 20 per cent premium to the current market price. At the bottom of that range, the company's equity would be valued at £76.8m and once you factor in debt the total take-out price would be £129m. This equates to just under 10 times last year's cash profits and 8.6 times forecasts for 2012. Obviously, the 10 largest shareholders who control an aggregate of over 57 per cent of the shares in issue will have to play ball, but from my lens an offer in the 155p to 160p range would be a fair valuation. Clearly, the prospect of making a potential 20 per cent profit in these volatile markets is an attractive proposition and one that could be realised in pretty short order given the time frame outlined above for the Takeover Panel's deadline. However, it's worth pointing out the risks as there is no guarantee of a bid materialising and even if it does then it could be a low ball offer. That said, the investment case still stacks up without factoring in a bid premium as shares in Goal Soccer Centres are priced on only 10 times last year's basic earnings, offer a dividend yield of 1.7 per cent and trade on a modest 1.2 times net asset value. Moreover, a trading statement late last month confirmed the positive start to the current financial year - total sales were 6 per cent ahead in the first eight weeks. So, on a risk-reward basis, I see more upside than downside at this level and view the shares as a trading buy on an offer price of 132p ahead of the bid deadline on 11 June. ■ There are some pretty compelling investment opportunities around right now and to help readers capitalise on them Investors Chronicleis hosting an investors seminar in London on Monday 18 June. On the day there will be valuable presentations from our own Trader Dominic Picarda and I will be giving an investment Masterclass including some potentially very profitable share tips. There will also be informative seminars from Stanley Gibbons, the biggest name in stamps, and listed products provider Societe Generale. Tickets cost £25 each and can be reserved by booking online at www.icroadshow.co.uk |
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