Share Name Share Symbol Market Type Share ISIN Share Description
Goals Soccer Centres LSE:GOAL London Ordinary Share GB00B0486M37 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 85.50p 83.00p 88.00p 85.50p 85.50p 85.50p 12,962 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 33.1 8.2 9.3 9.2 64.31

Goals Soccer Centres Share Discussion Threads

Showing 726 to 748 of 850 messages
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
DateSubjectAuthorDiscuss
08/3/2013
09:11
Looks like holders were right to reject the bid. This is a good co on a modest valuation and if someone wants to buy it then they should pay a fair price and not try to take advantage of what was a depressed market situation.
gerdmuller
14/9/2012
10:59
GerdMuller good points I agree I think they were very tempted by the capital the canadians were going to put in the business postbid. What I did not understand was why sell the business when the whole model changes significantly with each centre only costing £1.5m. That means with £12m cash generated they could open 4 centres a year and payback £6m a year of debt. That changes everyuthing and the business would be on much firmer footing
sebass
14/9/2012
09:25
The bid was far too low. Management should never have given so much time to the bidders and now all that time has been wasted by them while they focused on the bid. They should have never been prepared to accept a low bid either. Management have come out very badly in all this as they always do when they get the smell of money.
gerdmuller
14/9/2012
08:52
looking like an even better decision than ever to reject the bid...
trytotakeiteasy
13/9/2012
11:59
VAT appeal won - worth £0.5m to PBT SJ
sailing john
12/9/2012
16:23
interesting that stock is only down 16% from bid price of 143p... shows that shareholders were arguably right in rejecting the bid.... if the bidder is going to be stingy this is what they get..... management didn't bother doing an H1 trading update this year so it will also be interesting to see what H1 results are like... I think directors and management too readily accepted a low ball bid just as the group is reducing debt and looking to boost its operational performance.... a year or so from now and the stock should be well above the bid price... we shall see....
trytotakeiteasy
26/8/2012
11:23
Well said spob. Dragon Oil shares are now significantly higher than the 450p offered. Asagi (long DGO, no position GOAL)
asagi
26/8/2012
07:54
For the benefit of panmure gordon dragon oil shareholders including myself rejected a firm bid from enoc at 450p per share journalists & analysts said we were mad but i disagree in that instance i would not compare dragon oil to this in any way shape or form
spob
25/8/2012
20:34
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.
malc999
22/8/2012
15:07
glenowen 20 Jul'12 - 09:51 - 388 of 405 http://uk.advfn.com/cmn/fbb/thread.php3?id=27704816 is this what they call an own goal ? ROFLMAO
spob
22/8/2012
15:00
how low can this junk go now ?
spob
22/8/2012
14:57
As i said Good short ? limited upside risk Ignore my advice at your own risk :)
spob
22/8/2012
14:25
In my view Teachers offer was too low and was also opportunistic...so they got what they deserved..
trytotakeiteasy
22/8/2012
12:22
So much for Simon Thomson's advice from Investors Chronicle... to "hang on in there" as Teachers would come up with a better offer..... all these "clever" arb hedge funds have lots a packet.... wonder who voted against.... can they persuade Teachers to pay more and will Teachers come back????
trytotakeiteasy
22/8/2012
12:06
Deal blocked as 75% didn't vote for... only about 71%... question now of whether Teachers will walk away or up bid.... as they only need 4% more I would of thought they would be tempted to up the bid slightly.. but we shall see..
trytotakeiteasy
15/8/2012
15:54
Thanks, makes sense, interesting tactic.
praipus
15/8/2012
15:41
Praipus - issue is whether all the short-term hedge funds can form a blocking stake and force Teachers Pension Fund to pay more..... could happen as acceptances when the deal was announced weren't high...
trytotakeiteasy
15/8/2012
15:36
First Eagle still buying now holding 4.88% http://uk.advfn.com/p.php?pid=nmona&article=53808396
praipus
08/8/2012
17:57
Intersting to see if First Eagle flip or hold tomorrow.
praipus
08/8/2012
17:42
Patron out........... looks like it will be 144p from Goliath :(
killieboy
06/8/2012
17:30
First Eagle (post_ 454 WAM thread) )buying another cheeky 225,000 with a CFD holding 1.86% http://uk.advfn.com/news/UKREG/2012/article/53697938
praipus
03/8/2012
10:06
Not sure about Patron making an offer here... going head to head with a US$100bn pension fund.... however, hedge funds have been building stakes so they coudl force Teachers to pay more..... we shall see...
trytotakeiteasy
27/7/2012
10:05
First Eagle (post_ 454)buying a anpther cheeky 5,000 with a CFD holding 1.35% http://uk.advfn.com/news/UKREG/2012/article/53614932 Tracking the rest of their holding and other systematic value arbitrageurs on the WAM thread http://uk.advfn.com/cmn/fbb/thread.php3?id=24182742&from=454
praipus
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
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