Goals Soccer Centres Share Discussion Threads

[mo4] 12/8/2009 09:55

Anyone know wher they are planning to open new sites

[digitalinvestor] 04/8/2009 15:07

Saw this - makes sense. looks like they have a good following from analysts all as a BUY, and with World Cup round the corner should have good prospects. I play at Goals and can vouch for the professional approach they have.

[cupasoup2006] 04/8/2009 15:04

Notice from evening Standard that Altium have put a STRONG BUY on GOALS with a target of 270p!!!

[paved] 03/7/2009 12:36

Goals Soccer Centres trading in line, rollout programme on track



Goals Soccer Centres PLC (AIM: GOAL) said it continues to trade in line with its expectations, despite the severe snow during early February 2009 which reduced sales and profits by approximately £300,000 in the six months ended June 30 2009.


In a trading update, the outdoor 5-a-side soccer centres in the UK said its rollout programme continues to plan with the Coventry centre added in the half year ended 30 June 2009, Liverpool and Reading under construction and the Portsmouth centre about to commence construction.


The company raised £11 million from existing shareholders in the first half to accelerate the opening programme and provide financial flexibility.


It said the pipeline of sites continues to strengthen and it remains confident that a minimum of six centres will be added during 2010, two of which, Eltham and Gillette Corner in London, will begin construction in the third quarter of 2009. The money from the placing together with internally generated cash and the existing five year committed bank facility will fully fund the rollout of at least six centres each year from 2010.


The company's core football product has remained resilient. Bar spend is showing early signs of improvement following the decline in the second half of 2008. Other ancillary income - children's birthday parties and corporate events - continues to be slightly impacted by the downturn.


"Our new centres have continued to experience a slower rate of initial growth than in previous years resulting in maturity in both sales and profitability taking a few months longer to achieve," the group said.
Several brokers issued notes in the wake of the trading statement, pleased with the progress the company is making and saying they remain buyers of the stock.


Brewin Dolphin said it remains a long-term supporter of the Goals story, maintaining its 'Add' stance and leaving its target price unchanged at 225 pence. "Having followed Goals closely since its IPO in 2004, we are of the firm belief that the management team has got the business model pretty well refined," the broker said.


KBC Peel Hunt reiterated its 'buy' recommendation and 230 pence target price, as trading and openings are on course for its expectations, confirming the strength and potential of the company concept.
With the benefit of the £11 million placing, earnings growth should accelerate to 20 percent in 2010 from the 16 percent it is forecasting for the current year and "we expect further share price progress."


Another buyer of the stock is Altium Securities which kept its 220p target, saying: "We feel this statement should provide confidence that Goals' strategy remains on track. We are not changing forecasts or target price today."

Joining in the chorus of praise, Numis Securities said Goals Soccer has delivered a pre-close update which is in line with Numis' and market expectations. It is retaining its forecasts and its 'buy' stance and has put a 276p target on the stock. "Goals Soccer is an attractive business with strong growth prospects," Numis added.

[crafty ibe] 06/6/2009 14:06

resistance seems to be at 200p. how will it have a break-out?? any more news on the horizon?? am new to this and have just bought some shares..

[cupasoup2006] 05/6/2009 12:14

all looks good!

[shazzybabes1] 20/4/2009 16:00

I have heard a rumour that Manchester is on the cards

[digitalinvestor] 20/4/2009 14:40

Just been through their new website - looks good. I like how you can now book online. Anyone know if they have any plans for Manchester?

[cupasoup2006] 16/4/2009 17:51

See they are about to open in Coventry - getting closer to me all the time!!

[cockneyrebel] 08/4/2009 12:45

RNS Number : 3619Q
Patron Sports Leisure Sarl
08 April 2009



Patron Sports Leisure Sarl
8 April 2009


Patron Sports Leisure Sarl ("Patron")


Statement Regarding Powerleague Group Plc ("Powerleague" or the "Company")



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.

Further announcements will be made as appropriate.

-------------------------

Reckon that will send GOAL higher.

CR

[lobby ludd] 02/3/2009 12:03

Pleasing full year results (to 31/12/08) today:
Like for like + 3%
Dividend + 20%
Trading in 2009 to date: 'encouraging year on year growth'.
Construction of two new centres at Reading and Coventry in progress, two more to follow by year end.

Market pleased share price + 6%

[andrewjames] 13/2/2009 14:43

then start buying...lol

instuituitions are dumping their stock but the retail investors are being told to buy...what more signals do idiot investors need? no wonder people lose their money.

PS i closed my position...im waiting on the 100p resistence to keep it yo-yo-ing for a few weeks...then as it closes below 100p im shorting the earth out of it.

[cupasoup2006] 10/2/2009 16:01

another BUY recommendation today from Small Cap Shares (follows BUY in Telegraph 2 weeks ago)

[andrewjames] 02/2/2009 16:57

yes and once the football dries up what happens? oh yes premiership grounds are full arent they? it wont collapse but it will stagnate for 2 years

[cupasoup2006] 02/2/2009 08:04

quite a while ago. I thought their trading update wa sencouraging - football holding up well and thats where they make the money!

[andrewjames] 30/1/2009 18:49

they are suffering because they are in leisure and whats the first thing that goes when jobs goes? it certainly aint the house! when did you lot become shareholders???

[digitalinvestor] 28/1/2009 08:22

From checking their statement looks like football is around 3/4 of their income and i suspect the major profit driver. After all there is very little cost to Goals. Bar and parties at 1/4 of sales must be at a much lower margin. I suspect worry is (wrongly) about unemployment kicking in and affecting business. I myself dont really see it as I am a customer at the moment and nothings changed from what I see. Think Powerleague and Goals in a great sector compared to most. They're probably suffering unfairly cos small cap in the leisure sector and on AIM.

[andrewjames] 27/1/2009 17:08

btw i saw the close below 120p as a major factor....it wont close above 120p anytime soon

[andrewjames] 27/1/2009 17:08

what do you guys matter anyway...you play with your thousands...doesnt matter what you do or think its about the big boys and they are dumping their stock

[lobby ludd] 27/1/2009 15:22

'Don't understand the drop here' ? See trading statement, football holding up, but spending on bars, kids parties, corporate events etc. suffering...and that all adds up to 30% of turnover. Still suspect there will be few problems in recruiting staff, which will keep the wage bill down.

[digitalinvestor] 27/1/2009 15:12

Dont understand the drop here. My local centre is also booked up solid. We often end up on a waiting list for a game! Just getting dragged down with other discretionary spend stocks! Great company in a great sector

[cupasoup2006] 27/1/2009 10:13

All i can use is the site I play at which is packed as much as it was last year. in fact last week we didnt get a pitch and went on standby - we've moved to another Goals centre 20 minutes away which has just opened (Tolworth) and it's already full tho it opend only a few weeks ago. As far as I'm concerned, we wont give up our weekly footie no matter what - it's still vary cheap in comparison to most other things - less than 1/2 of the price of a dominos pizza and they're firing on all cylinders too!

[andrewjames] 26/1/2009 10:12

andrewjames - 19 Dec'08 - 04:27 - 130 of 136 edit

Trust me when i tell you bookings are not being fulfilled. People on reserve lists are getting called asked if they would like to play at a discount. They are going to struggle over the next 3 years. They will scale back growth but in saying that long term this is a sure fire bet. I am a huge admirer of Goals and can see this going into other avenues using its brand but at the moment its a no no.


HMM NOW LET ME SEE WHAT THE PRICE WAS THEN AND WHAT IT IS NOW!

[andrewjames] 26/1/2009 10:10

oh yes thats because we trade on the now and not the future...you are completely right. Its not as if we trade on the basis of what is happening now affects the future...oh no...we trade as if whats happening doesnt really matter.

jobs are going but yeah aint nobody going to cut down on the drink of playing football...of course not how stooopid of us.