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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% 57.00p 55.00p 59.00p 57.00p 57.00p 57.00p 51,153 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 33.1 8.2 9.3 6.1 42.87

Goals Soccer Centres Share Discussion Threads

Showing 726 to 748 of 875 messages
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older
DateSubjectAuthorDiscuss
26/8/2012
06:54
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
19:34
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
14:07
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
14:00
how low can this junk go now ?
spob
22/8/2012
13:57
As i said Good short ? limited upside risk Ignore my advice at your own risk :)
spob
22/8/2012
13:25
In my view Teachers offer was too low and was also opportunistic...so they got what they deserved..
trytotakeiteasy
22/8/2012
11:22
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
11:06
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
14:54
Thanks, makes sense, interesting tactic.
praipus
15/8/2012
14:41
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
14:36
First Eagle still buying now holding 4.88% http://uk.advfn.com/p.php?pid=nmona&article=53808396
praipus
08/8/2012
16:57
Intersting to see if First Eagle flip or hold tomorrow.
praipus
08/8/2012
16:42
Patron out........... looks like it will be 144p from Goliath :(
killieboy
06/8/2012
16:30
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
09:06
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
09:05
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
25/7/2012
08:00
First Eagle buyign a few more... http://uk.advfn.com/news/UKREG/2012/article/53580935
praipus
24/7/2012
07:58
First Eagle back for some more http://uk.advfn.com/news/UKREG/2012/article/53565519
praipus
23/7/2012
20:31
This looks to be just hedge funds hoovering up stocks as they look to hold on for a higher bid price... bodes well for the Canadians not being accepted on their initial bid.... especially as Patron is in the background... I think unconditional acceptances are something like 17%.. the fact that a larger chunk of independent stockholders didn't also accept suggests that they are holding out..
trytotakeiteasy
23/7/2012
09:08
First Eagle must think higher offer is possible paying £1.4822 http://uk.advfn.com/news/UKREG/2012/article/53551062 Tracking the rest of their holding in post 454 on the WAM thread http://uk.advfn.com/cmn/fbb/thread.php3?id=24182742&from=454
praipus
23/7/2012
09:06
First Eagle must think higher offer is possible paying £1.4822 http://uk.advfn.com/news/UKREG/2012/article/53551062 Tracking the rest of their holding in post 454 on the WAM thread http://uk.advfn.com/cmn/fbb/thread.php3?id=24182742&from=454
praipus
23/7/2012
09:05
First Eagle must think higher offer is possible paying £1.4822 http://uk.advfn.com/news/UKREG/2012/article/53551062 Tracking the rest of their holding in post 454 on the WAM thread http://uk.advfn.com/cmn/fbb/thread.php3?id=24182742&from=454
praipus
20/7/2012
08:51
And some (i.e you, spob) were touting this as a good short in early June! Looks like you got that one wrong.
glenowen
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older
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