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Share Name Share Symbol Market Type Share ISIN Share Description
The Gym Group LSE:GYM London Ordinary Share GB00BZBX0P70 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 213.00p 213.00p 214.00p 220.00p 213.00p 215.50p 230,329 16:29:45
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 91.4 9.2 5.6 38.0 293.86

Gym Group Share Discussion Threads

Showing 251 to 275 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
18/1/2019
08:18
Yesterday 17th. Berenberg issue broker note update and likewise REITERATE their BUY RECOMMENDATION with a TARGET PRICE of 330p. (370p) Berenberg see 53% UPSIDE to current share price ALL IMO. DYOR. QP
quepassa
17/1/2019
10:19
Yesterday 16th. RBC Cap Mkts issue broker note and REITERATE their OUTPERFORM RECOMMENDATION with a TARGET PRICE of 320p (slightly reduced from 350p). RBC see 50% UPSIDE to the GYM share price. Since the results, we have 3 broker updates ALL for REITERATE BUY/OUTPERFORM RECOMMENDATIONS with TARGET PRICES from 320p to 340p:- RBC REITERATE OUTPERFORM TP 320p Peel Hunt REITERATE BUY TP 350p Liberum REITERATE BUY TP 340p. Strong. ALL IMO> DYOR. QP
quepassa
16/1/2019
15:51
Thanks. Excellent presentation and great Q+A session. Management are very upbeat about future prospects and further growth, as well as maintaining a healthy ROC. Seems a wise move in my view to have ultimately taken the decision to convert all sites acquired From EasyGym and Lifestyle immediately into the Gym branding, rather than delay conversion of certain sites. This may have caused a little additional "conversion downtime" at a number of the newly acquired sites than had been originally planned but the benefits, now that they are converted, would appear to be flowing through fast. This conversion downtime may have marginally impacted trading but surely this is a minor bit of necessary upgrading to allow them to fire on all cylinders without further delay. This share reminds me vividly of the early days of investing in the EasyJet no-frills airline model when I was buying at £1.50 a share. Lots of detractors saying the model couldn't work or compete with the majors. The rest is history as the no-frills carriers nowadays dominate the European skies. The same is happening here in this industry. This is a great share for the long-term and, as the emphasis on healthy lifestyle gains more and more traction, the market opportunities look very bright for the Gym Group. As an aside, I think that The Gym Group need to re-examine their publicity/advertising spend and focus. Increased sponsorship of sports, athletes, competitions and televised sports events including the group logo appearing on media walls would help further raise the profile and further drive membership. They need some well-known sports personalities to be brand ambassadors. After the recent share price weakness, this share looks particularly good value to me. ALL IMO. DYOR. QP
quepassa
16/1/2019
12:23
Exactly - though they could fix machines quicker
ultimatewarrior
16/1/2019
12:21
QuePassa, the investor dial-in conference can be found here: hTTp://www.tggplc.com/media/90545/7068798.mp3
turbocharge
16/1/2019
12:12
Looking at longer term trends and circa 235 looks like an interesting target. I agree RE longer term hold beyond all the political noise, but imo the share price could test the above price with a little encouragement imo dyor ofc.
rathean
16/1/2019
11:22
I reckon GYM is a good defensive stock to hold in the current jittery times. If people are cutting down and spending less, forgoing their low cost gym membership will be very low on their list. If anything, those paying more at other gyms will be cancelling and joining the Gym Group. Just my opinion.
turbocharge
16/1/2019
11:09
re yesterday's rns about the investor dial-in conference : "A recording of the call will be available on the Company's website later today." I can't find it on the tggplc.com corporate website this morning. maybe i'm looking in the wrong place but they said it would be there yesterday. does anyone know where it is please?
quepassa
15/1/2019
13:57
Buys have been greater than sells in the last 2-3 days, perhaps there's a seller out there causing the share price to stay depressed...?
turbocharge
15/1/2019
13:30
-The added cost with paying PT’s VAT is a structural negative, but the present value of the related annuity should not be impact more than c. -7/8m GBP on GYM’s equity value. -The timing issues should impact the value of the company by max. 2m GBP. -So both of the negatives should have an impact of no more than 4% of market cap. -The pricing issue was quite explained in the conference call and the yield increase (+3.3% yoy, above market expectations) debunks the argument written in the recent BarCap note. -The share price declined c. 40% in a couple of months, when maybe -5% would be fair. The share price is back close to IPO levels, when now the company is c. 3x larger, with better profitability and plenty of room to grow. Extremely unfair and prone for a rebound IMO.
thomshrike
15/1/2019
13:27
Also important to highlight: 2019 FCF, stripping out expansion capex, is expected to amount to 35m. That’s 12% FCF yield.
thomshrike
15/1/2019
11:53
Agreed with the general consensus here, that the KPIs etc. look good, as summarised by QuePassa (#239). I've done some quick calcs, based upon the figures in today's TU. For clarification, I'll show 2017 figures first: Revenue £91,377m Op Profit £9,942m Op Margin 10.88% - Exceptional items £1,664m - Depreciation £14,408m - Amortisation £1,175m - Employee incentive costs £774 = EBITDA £27,963m Attrib Profit £7,171m My Estimates for 2018: Revenue £123,900m (From TU) Op Profit £10,305m Op Margin 8.32% - Exceptional items £2,590m - Depreciation £20,117m - Amortisation £2,488m - Employee incentive costs £1,500 (stated in last A/R) = EBITDA £37,000m Attrib Profit £6,829m I've calculated Admin expenses at 2xH1 (£51,870m) plus a bit to give £112,356m, and done similar with the EBITDA costs. I still need to check these, so if anyone has comments/corrections, please feel free to voice them. It appears the business model is working/will work, but I hope they ensure the existing estate is up-to-speed before expanding too rapidly. They should also then be able to start reducing the debt, which although not a problem, would be another bonus-headline, in addition to more of the revenue growth dropping to the bottom line. I'd like to re-purchase the 25% of my holding I sold in December, but not sure at what price - perhaps sub 200p ? or maybe wait until the prelims on 19th March ?
dsct
15/1/2019
09:25
'We are well placed to continue to generate high levels of growth whilst maintaining strong returns on capital. We are confident that in 2019 we will continue to develop and build the business to deliver another year of profitable growth for shareholders,' the company said.
turbocharge
15/1/2019
09:16
Just now this morning. Two new Broker Recommendations/Updates Peel Hunt REITERATE BUY with TARGET PRICE 350p Liberum REITERATE BUY with TARGET PRICE 340. They both see a massive c 60-65% UPSIDE to today's share price ALL IMO> DYOR. QP
quepassa
15/1/2019
09:14
Thanks for the write up QuePassa, must admit haven't had a chance to look properly. As far as I'm concerned, I will be holding these for the longer term.
turbocharge
15/1/2019
09:08
Those look like stonking results to me for fast-expanding Gym Group which now has an eye-watering near 25% of the low-cost market. Their growth figures are astonishing. They are mopping up both the competition and the market. Their Outlook figure today for 2018 year-end Group Adjusted EBITDA will be £37million compared to last year's £28million which is a remarkable increase by 32%. The number of their sites increased by a massive 23% to 158 sites. And they plan to open another 15-20 gyms in 2019. They took the wise decision to convert all (bar three sites with expiring leases ) of their acquired sites from EasyGym and Lifestyle Fitness to The Gym brand which, although it meant they were closed for a few weeks' refurb, will undoubtedly benefit from Gym branding and Gym systems. These look like great figures to me. And Gym Group's increasing capture of market share and expansion plans look very impressive and credible to me. With expected Revenue up by 25% this year to almost £125million and an increase in members by 19% to 725,000 , this looks like outstanding growth. The CEO's Outlook statement is STRONG across all aspects of the business and is re-assuring that he specifically mentions further PROFITABLE growth for shareholders, strong ROC and further expansion. Personally, I think the figures are very encouraging indeed. I personally think the recent share price weakness is overdone and remain very positive about the prospects for this Group . I am buying more. ALL IMO. DYOR. QP
quepassa
15/1/2019
08:58
Good numbers for a growth stock, even if it's a little bereft of detail. Excited to see what acquisition plans it's got in the offing.
rathean
15/1/2019
08:54
Trend reversing, hopefully will continue after investor presentation....?
turbocharge
15/1/2019
08:45
Topped up again 10 minutes ago: 08:35:36 210.0000 1,111 O 208.5000 210.0000 Buy
turbocharge
15/1/2019
08:36
Good set of results. I like the exceed estimations on the 2017 site operations. Only negative is the 1m yearly hit in PT rents.
dtaliadoros
15/1/2019
07:24
Feeling a bit wary of this stock. Large Director sales with debt going up and aggressive expansion in uncertain times.
rock star
15/1/2019
07:19
Good update, would like to see a Like for like sales measure on current estate? Market cap was c. £310m at close of play - 2018 adj. EBITDA £37m Market cap/adj. EBITDA = 8.4
yorkshireinvestor
14/1/2019
18:50
All that matters is that it's broken trend and thankfully I sold much higher up
davr0s
14/1/2019
15:56
PUG,forgot about that recent placing.Funny enough i bought back some recently at the same price thinking that was support.I would imagine they would have a lock in period but really not that au fait with those situations.
shauney2
14/1/2019
15:24
Just topped up a few minutes ago: 15:19:51 224.8799 1,111 O 224.0000 225.0000 Buy
turbocharge
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
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