Gyg Share Discussion Threads

[ga_dti] 04/5/2021 11:38

Watch our exclusive interview with Remy Millott discussing final results for the year ended 31st December 2020: hTtps://www.directorstalkinterviews.com/gyg-plc-well-positioned-and-operating-with-minimal-competition-interview/412984823

[dagsteeth] 13/4/2021 08:57

What a shambles. A derisory offer followed by a pathetic defence response predicated on a results publication which has now been delayed because of a potential 50pc hit to earnings given the shipyard collapse. Leaves the non existent defence strategy in tatters. This is what you get when you use your broker as adviser - they don’t have a clue - and the non execs should be ashamed of themselves if they had any shame. Of course if you cosy up to your brokers to get your next non exec role, doesn’t leave much scope to rock the boat. I am a very disgruntled shareholder.

[htrocka2] 10/4/2021 12:41

HTTPS://www.msn.com/en-gb/money/other/superyacht-painting-and-repairs-firm-gyg-could-fall-into-private-equity-hands-after-it-receives-a-43m-takeover-offer/ar-BB1fu5sM?ocid=msedgntp

[dubai123] 09/4/2021 16:49

Will certainly be attending the investor presentation on investor meet company next week.

[energeticbacker] 25/9/2020 09:52

Disappointing interim results but a record order book offers encouragement. The order book stood at €53.8m at 22 September (2019: €43.6m), of which €20.6m is due for the current year. GYG is certainly an unusual public company. More on the Investor's Champion website.

[cambridgedon] 25/9/2020 08:07

Sort of OK results but nothing is going to get better for a year at least. Cash fallen by 2.5m and debt up to nearly 11m. At that level it's 30% of revenues! I decided there are better places to put my money for the next 6-9 months. Will watch from the side-lines as still like the sector (recession proof if not Covid proof!). CD

[starpukka] 23/7/2020 10:20

cambridgedon, GYG has been a hidden gem for me. But that debt level must surely be a worry.

[cambridgedon] 23/7/2020 09:01

Anyone looked in detail at the results? I see that despite an improved performance (rev +41%) net debt is up. CD

[tallprawn] 19/2/2020 14:55

Here it comes... Onwards towards 3 figures.

[tallprawn] 12/2/2020 09:37

Breakout past 80p looks to be on over the next couple of trading sessions. It's likely a run towards 100p could well be on now prior to results on 6th April.

[mfhmfh] 29/1/2020 10:11

100p next stop? From today's RNS: results 'to be comfortably ahead of the board's previous expectations'. '2019 was a transformational year for the Group in which excellent progress has been made in further strengthening the Order Book and improving forward visibility' 'The Group has continued to gain market share in the New Build sector...' 'The Refit market continues to improve...contributing to a record number of projects signed.'

[tallprawn] 15/10/2019 09:03

Nice holdings update this morning.. So the outcome from the Woodford sell out leaves Lombard with 23% and UBS with 11%.Very happy with that - Signifiant chunks of stock in sticky hands with the business recovery plan delivering well so far. Bring on 70p-80p over the next couple of months now.

[robinnicolson] 10/10/2019 16:48

hTTps://www.superyachtnews.com/business/gyg-

[tallprawn] 10/10/2019 15:17

Woodford out - Rerate expected now if so...

[robinnicolson] 06/9/2019 21:32

I assumed the drop is related to Hurricane Dorian hitting the Caribbean and US...with the potential repeat of the 2017 financial hit when refit contracts were delayed by two hurricanes.

[tallprawn] 04/9/2019 08:48

Lack of clarity on Woodford's stake ongoing? I'm assuming that's the reason for the drop. The company is performing well this year - There should be a material bounce from these levels once Woodford is out. Similarities with ITX now.

[tallprawn] 10/7/2019 07:49

Jupiter likely taking on some of Woodford's stake.The share price is oversold at these levels based on the last update. As soon as Woodford is gone, this is going to move fast imo.

[sbb1x] 09/7/2019 23:47

Woodford holds 20% 9.4m shares to clear.