The Gym Share Discussion Threads

[dtaliadoros] 07/1/2019 14:36

Utlimate warrior. I think the key question to ask is....how busy is your gym?

I actually belong to 2 gyms.....a Virgin active that I pay £150 a month (and that is subsidised rate) and a Gym group one which I pay £17 a month. Basically 1 years Gym group membership costs me just over 1 months Virgin Active. Virgin is a premium offering and yet they still have plenty of equipment that break down and take a few weeks to repair. In terms of free weight areas Gym group leaves Virgin Active in its shadows. Where Virgin excels is in its Classes and SPAs.

I think for the money you pay......Gym group is the leader of the pack and you get to uses all their gyms for just a couple quid more.

[thomshrike] 02/1/2019 08:18

Additionally, unlike the other gym operators, GYM LN is a listed company with a very healthy balance sheet. This reassures landlords and leads to GYM LN being able to take the best locations when competing for those with other gym operators.

[thomshrike] 27/12/2018 11:20

Member satisfaction is top notch for industry standards. Also price is the lowest, even among the low-cost operators.

[thomshrike] 27/12/2018 11:17

Hi, any idea on who might have been looking at them for a takeover? Interesting timing, now that John Treharne started to step away.

[ultimatewarrior] 24/12/2018 11:33

That's fair enough rathdean I've moved from an area which is dominated by council gyms toOne that isn't - the gym group do well here - that isn't to suggest its a dream gym to use which it isn't - you get what you pay for imho Good luck all holders

[rathean] 24/12/2018 11:14

I am a member, also used several other franchises and The Gym remains the best option by some distance. My local Gym has just undergone a big refurb, no complaints here and a happy medium term investor.

[ultimatewarrior] 24/12/2018 09:55

As a member of these gyms you realise this group has flaws - broken machines are not changed as often as they should - less staff, if there's an immediate problem sometimes there is no staff Good in a recession - but that doesn't mean it's people's first choice imho

[rathean] 24/12/2018 09:49

Taken an initial stake at 251. Been watching these for some time, well placed for continued growth and benefit from market consolidation imo dyor ofc.

[masurenguy] 06/12/2018 16:57

Shareprice is off by almost 25% over the past few weeks, impacted by the current market downturn. No position here yet but keeping a close eye on a potential entry level.

[from8to800] 02/11/2018 12:27

Strong comeback. A joy to see.

[flatpack] 18/10/2018 05:22

According to my sources the expectations of a takeover have receded and several of the directors have sold shares and taken their profits.

I have only recently added GYM to my high yielding asset portfolio as I believe once the director sales are digested not only will the share price bounce by 50p but a takeover is still in the offing.

[davr0s] 03/10/2018 19:10

I'm not worried - I'll be adding on any new strength

[gargoyle2] 03/10/2018 10:38

Some pretty chunky director sales here recently. Senior non-exec selling 200k out of his 380k odd is a bit worrying imo.

[from8to800] 21/9/2018 11:22

Was wondering what the sudden (but most welcomed) rise in share price was... Must have been that note.

Good to see institutions agreeing on the fundamentals of the business. From a technical perspective it is looking pretty strong with a nice cup&handle (saucer&handle) from which we have been taking ATH's.

Upwards & onwards.

[shauney2] 03/9/2018 11:27

Berenberg upped their target price to 370p (320p)

Tipped by Midas

[from8to800] 16/8/2018 12:47

What's it like in lewishans gym in terms of occupancy? Pretty busy as well?

[dtaliadoros] 16/8/2018 11:52

from8to800, I think it's a good sign that clubs are brimming to the rim. It means its assets are being utilized. I've recently join a virgin active gym in the city and pay in 1 month what I pay for a years membership at gym. I've decided that at such cheap rates, I will keep gym group as my home gym (being Lewisham). Got to say the free weight equipment at gym group is much better than that available at virgin. I am not the only one in the office the belongs to two gyms and use the Gym group as their backup local gym.

[from8to800] 30/7/2018 15:25

My experience, above (Post No:163), is from the Gym Group's Vauxhall gym.

[lullabite] 28/7/2018 14:57

Even my neighbourhood gym is packed at Rush hour Would be nice to hear your experience if you have been in any gym of gyms group