Goals Soccer Centres Share Discussion Threads

[sclothier] 14/3/2008 10:25

This is true Shazzy, just to build on this point goals tend to buy/rent land off of schools/colleges etc at a very reasonable price under the pretense that the school/college can use the faculties throughout the day. However along with the fresh air that they are selling the pitches take on wear and tear, do you have any idea of the cost of the pitch floors and how often they need to be replaced in order to keep the customers happy and ensure that Goals provides a first class arena to play in. Now bear a thought for how considerate kids are for items that aren't theirs!!

Not that I begrudge that Goals do this at all, better than the pitches being wasted. Just adding all the info I have.

[shazzybabes1] 13/3/2008 17:16

The reason the centres are open during the day is that local schools and colleges use goals for their physical lessons. Goals always try to open within the community and i would imagine get a good price for the land due to their community involvement. Just remember goals make money through low staffing levels and the fact that they are sellling freshair

[sclothier] 12/3/2008 15:38

Hi Free Willy, I usually leave these little niggles on advfn to the children, but as you took it upon yourself to belittle me on this board I feel it only appropriate to do the same to you.

First of all, get your facts straight, post 49 was by someone called cupasoup2006 and not me. Second of all, why do you think it isn't possible for someone to be a superb chartist, yet have no knowledge on how to value a company, how are the two correlated? Lastly please refer to post 46(which i think was one of my three last posts that you referred to??) of mine which states that I thought the article was very upbeat, even though you seem to believe I failed to mention it.46 mentions my chart prediction, which may I add, came correct..........I suggest if you want to look like the big man do your homework sonny jim before pointing a finger.

A quick note to everybody, I like this but am unsure when to buy in. I too have played at night time and have seen just how busy it is throughout the entire evening and weekend. However has anyone ever been during the day monday to friday? Its more or less dead, so if you were to average out the busy periods at night with the empty periods during the day unfortunately that picture doesn't look quite as attractive. One thing that i know for sure is that our country is never going to stop playing football and that this is a highly enjoyable way for the nation to keep fit and healthy which is a huge concern these days of the general public. So this is a business that will not die out and with goals expanding and franchising out is certainly taking lead of the world market.

I had a look over a few company reports a few weeks back, it turns out that roughly 70%(very roughly as it was a while ago) of this company is owned by institutions, with a further 15% not being publically traded shares. This leads me to believe that these institutions, being mainly pensions funds etc, are holding onto these for the long term..........nice to know that the professionals and yourself like the same company. More importantly though, if we work on the basis that rouhgly 85% (70% + 15%) are held by institutions and non-publically traded shares, then that only leaves around 6 million shares knocking about between PI's and market makers. This then makes me wonder if all these people are holding their shares, can this really fall too much further?

Thoughts please........

[cupasoup2006] 10/3/2008 13:24

lots of tiny trades (around 1 to 5 shares) - any ideas?

[shazzybabes1] 06/3/2008 16:53

That was my point cupa and 30% profit on turnover.

[cupasoup2006] 06/3/2008 08:45

but Goals make a lot more profit with less sites!!!

[shazzybabes1] 05/3/2008 21:14

And powerleague have a lot more centres

[shazzybabes1] 05/3/2008 21:10

I FOR 1 ARE staying in these as i believe that 1 day shortly they will spike. I believe some1 must have spooked the market as results 22 mil for 7 mil profit are outstanding imo. I keep buying more as i do play at centres and once again my local 1 is fully booked on their 7 a side pitches all night.

[sclothier] 05/3/2008 16:22

Charts show we are due a serious downturn here........thoughts please?

[digitalinvestor] 05/3/2008 11:02

why is share price going down? results look good and brokers are forecasting 30% + growth pa. consensus pe is 20x 2008 and 15x 2009. looks cheap to me and they seem to have delivered in the past.

main competitor powerleague pe is 18x 2008 but growth is 3%.

[cupasoup2006] 05/3/2008 07:52

Dont think its the dividend. This is a stock showing spectacular growth over the past 3 years - hard to find anything showing the growth this has (hence the low dividend).

[sclothier] 04/3/2008 17:04

I would love to know how to value a business and then could take a look at this puppy and see what the future holds. I think the reason this may be getting hammered is because the dividend is very low in comparison to what the share price is and there are much better deals out there for the money that is still being put into equities

[shazzybabes1] 04/3/2008 10:01

The share price dosent add up. The centres are absolutely humming at present and this has got 2 fly north very soon

[sclothier] 04/3/2008 09:40

Thought the article was very upbeat about the industry and goals itself. Seems we are about to have another leg down beyond £3 looking at the graph.

[cupasoup2006] 02/3/2008 17:29

Saw it! GOAL seems to be making much more from each unit, and from the evidence at my local Goals ib Brummy - as popular as ever!!

[lobby ludd] 02/3/2008 16:10

Article on the 5 a side phenomenon in the Sunday Times today majoring on Goals and Powerleague.

[shazzybabes1] 01/3/2008 21:57

These will fly in time. I COULDNT GET a pitch at my local goals last week as all 14 pitches were sold out so i dont think they are struggling 22 million turnover and 7 mil profits is outstanding. look at powerleague who have more centres and did not make as much profit. This company has never renaged on promises for profit and only 1 broker seems to think they are not going to meet it. Just think goals are selling fresh air for around 5 pound a man so thats not bad for an hour of football which costs the company minimal. In my eyes and with the company promising new centres i for 1 will be plowing some of my money into this. Just look at some of the trades this week. some very big buys.

[cupasoup2006] 01/3/2008 08:49

I cant think of many stocks out there offering 30% compound growth. Performance has been spectacular IMHO and they seem to have been pretty consistent over past few years.

[malc999] 29/2/2008 14:00

Just done a little number crunching of my own. Cash flow is still impressive, return on equity 20% and incremental ROE an impressive 31.2%, return on assets gone up from a pedestrian 14% to 16%, however incremental ROA a more healthy 24%.

Goals is investing all of its free cash plus is borrowing from the bank to fund its new sites, which means the gearing is high. And there lies the only risk issue with this stock, i.e. if we all stop playing football then the company can't support its borrowings. Highly unlikely in my view.

The press release did have a couple of slightly negative points in it I thought:

1. Like for like sales dropped from 9% to 7%, although no definition of LFL was given. The reason given for this drop was that the comparitives with FY06 were tough due to the world cup. Not surprisingly then this appears to be a business which benefits when the home countries and especially England qualify for the world cup & european cup competitions, and as there wont be any home participants at this years european cup then there is no 'kicker' (excuse the pun) from this. However I cant believe that all the bad weather last year didnt have some sort of impact, so if the weather is more forgiving this year then maybe this will generate some additional sales.
2. Only 4 venues opened in FY07, but would have been 5 had it not been for the protests in connection with the Regency Park venue.
3. Only 3 sites projected to open so far in FY08. However the purchase of Pro 5 brings an additional 3 sites, albeit these sites are probably mature. However the accounts also stated that 6 sites were projected to open during in FY09, and then there should be a step up in expansion from FY10 onwards, although the increased number of new openings was not indicated.

All in all then a positive set of results but not outstanding IMHO. And as for the Altrium sell note with a target price of 3 quid, this really is short termism on their part I feel. Taking a 5 year view, I think there is a realistic possibility of and 8 to 9 pound share price (plus all of the dividends in the meantime). So IMHO buy as much as you can around the 3 quid mark, sit back and wait (always the hardest part), I'm sure we won't be disappointed!!

[vaind] 27/2/2008 18:47

downfrade by Altium securities.....price of 3.00

[shazzybabes1] 27/2/2008 17:17

Dont know results were brill and centres are flying are present