Share Name Share Symbol Market Type Share ISIN Share Description
Gyg PLC LSE:GYG London Ordinary Share GB00BZ4FM652 ORD GBP0.002
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 133.50p 132.00p 135.00p 134.00p 133.50p 133.50p 4,741 14:00:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation - - - - 62.26

Gyg PLC Share Discussion Threads

Showing 651 to 674 of 675 messages
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
DateSubjectAuthorDiscuss
18/11/2017
16:34
That’s what I just did.
alter ego
18/11/2017
16:15
Time to buy on the pull back perhaps.
its the oxman
30/10/2017
09:52
From the recently published Credit Suisse Global Wealth Report 2017: "Assuming no change in global wealth inequality, the global economy is projected to add another 719 billionaires in the next five years, meaning that their number will rise to nearly 3,000. Of these, 230 will be from North America and 205 from China. Of the additional 235 billionaires expected from Europe, 33 are likely to be from Russia."
robinnicolson
29/10/2017
10:46
The FT tells us: "It has been a good week for billionaires. The UBS/PwC Billionaires Report 2017 claimed the combined wealth of the world’s 1,542 billionaires rose by almost a fifth last year to $6tn: more than double the UK’s gross domestic product." Https://www.ft.com/content/ebe41536-ba68-11e7-bff8-f9946607a6ba
jonwig
26/10/2017
10:31
Looking at Quotes, I'm seeing 139 - 143. Zero volume.
jonwig
26/10/2017
10:20
Why are there no live prices for GYG. I am only being quoted an End of Day price.
mastermatto
10/10/2017
08:15
Thanks, jonwig. Yes, I looked at that. Indeed, there is some good information there.
saucepan
10/10/2017
08:02
Hi, saucepan. If you haven't seen it already, the Equity Development note (free to register) is a good source.
jonwig
10/10/2017
07:35
Hi folks. I joined you here this morning. GYG looks an interesting play.
saucepan
09/10/2017
07:08
jonwig- if only! robin - thanks for the links. In many instances painting is not treated with enough care as it is seen as 'icing on the cake'. Of course to an owner who may not know much about the ins and outs of boat care, but just pays the bills, paint jobs are easier to make a comment on as it is pretty obvious when things have gone wrong. Also re-doing such large and labour intensive jobs causes delay, cancelled charters and owners cruises not happening. With modern coating systems this is specialist work that should be done in carefully controlled conditions. This is where GYG comes in and I bet they charge a premium for this quality of service. I would imagine that even at this exalted level of the business the old boatyard more of 'no cash,no splash' may well prevail while matters are under discussion. Few boatyards like launching boats until all bills are paid.
irenekent
09/10/2017
05:55
robin - thanks for those links (will read later) and the warnings. I looked at the section of the prospectus detailing ongoing litigation issues (pp 110 - 111) and was reassured. (I assume it was a complete list of issues.) Of course, you could also argue that the difficulties here are a considerable barrier to entry for new firms.
jonwig
08/10/2017
20:56
This presentation highlights the complexity of achieving a paint finish to superyachts. Definitely worth a read: hxxp://www.materialsfinishing.org/attach/Superyacht%20Finishing%205-10-16.pdf
robinnicolson
07/10/2017
07:29
Nice post irene - you sound like the owner of one! They are, of course, already the market leader and could be looking for acquisitions.
jonwig
07/10/2017
06:44
Thanks for your comments jonwig. This company are into a good thing as they provide a recurring service which cannot be neglected. Many if not most superyachts are chartered to help pay for their maintenance. These yachts cannot be just left lying around doing nothing as they have to be kept crewed all year round, particularly when they are in the water. The chartering helps to keep crews up to speed and enables systems to be constantly monitored for efficiency. Berthing fees for large yachts are phenomenal and idle boats accumulate weed and in some cases corrosion. In order to monitor these potential problems most boats are hauled out of the water on an annual basis for anti-fouling and general maintenance which would also include repair of any damage to paint systems. Charterers would insist on high standards of appearance, hence the necessity of total refits every few years. All of this bodes well for GYG. I note the comparison with Watkin Jones who have paid a dividend from the beginning which certainly gives me confidence in a company's future. A steadily rising divi acts as a good barometer of progress.
irenekent
02/10/2017
09:46
Should see a near term break through 150p
its the oxman
01/10/2017
07:11
Quite influential, that site. Thanks!
jonwig
01/10/2017
06:39
HTtp://www.thisismoney.co.uk/money/investing/article-4936908/MIDAS-TIPS-Superyacht-firm-makes-big-splash-debut.html#ixzz4uEgvedF8
cheshire man
30/9/2017
16:41
I don't know how a major recession would affect the super-rich. Are they even a homogeneous group? I guess most regions would welcome the employment they generate and VAT they pay, though there will always be calls for them to pay 'proper taxes'. Mind, I wouldn't want any of them as neighbours, but in my part of West Yorkshire I'm pretty safe!
jonwig
30/9/2017
15:06
jonwig , thanks for such a prompt and informative reply , in which you are more candid than I had expected by revealing your purchase price . As you write , there seems to be a good chance of further share price growth , and I have just read a report suggesting a valuation of £ 105m , about 1.6 times the current value . Nonetheless , we both know the mantra of " do your own research " . Although I read all of your comments on the Burford Capital ADFN bulletin board , I have rarely posted as I am somewhat in awe of your expertise . Anyway , many thanks again , and good LUCK ( I think my typo might have been Freudian ! ) to us all . Oh , finally , do you have any thoughts concerning how this stock would respond to a market downturn - on the one hand , one might think that the rich will always have money to pay for their yachts and yet , on the other hand even they might reduce their expenditure in a downturn . As I wrote before , any decisions and inferences which I make are my own responsibility , as we are all adults .
mrnumpty
30/9/2017
14:05
Hi, numpty. I make a point of checking for future IPOs, and then read their prospectuses. GYG struck me as a sound established business with good management, though I wan't able to be in the placing. I waited a bit then bought some in July at 115p. After each set of results I tend to double, hold, halve or quit (you know the kind of thinking). In this case it's hold since the price has been run up quite a bit through tips. If Zeus are to believed, there's another 100p to come on the share price. And ST's comments look pretty accurate. Equity Development have an excellent research report for free, dated 5 July.
jonwig
30/9/2017
12:21
jonwig , I have just looked at this bulletin board for the first time , as I am considering buying in to GYG ( tipped of course by Simon Thompson of the Investors' Chronicle ) . Your user name is well known to me , as I have been invested in Burford Capital for over two years , and you are a very regular and informative poster on the Burford Capital ADFN bulletin board . Are you invested in GYG ? Any inference made by me is entirely at my own risk . Good lick to all .
mrnumpty
27/9/2017
17:34
Thanks tromso. Just the conclusion: So, having taken into account the improving revenue visibility and de-risking of next year’s earnings estimates, I am raising my target price to 170p, valuing the equity at £79m, or 15 times next year’s earnings estimates and supported by a prospective dividend yield of 3.8 per cent. Buy.
jonwig
27/9/2017
11:10
Just been tipped by Simon Thompson - hTTps://www.investorschronicle.co.uk/comment/2017/09/27/plain-sailing/
tromso1
26/9/2017
07:17
Positive outlook and results - steady climb in the share price looks likely to continue.
its the oxman
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
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