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% 131.00p 128.00p 133.00p - - - 0 07:47:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation - - - - 61.10

Gyg PLC Share Discussion Threads

Showing 676 to 699 of 700 messages
Chat Pages: 28  27  26  25  24  23  22  21  20  19  18  17  Older
DateSubjectAuthorDiscuss
11/1/2018
08:11
The luxury yacht market is healthy in the UK: https://www.theguardian.com/business/2018/jan/11/were-going-to-need-a-bigger-boat-uk-yacht-makers-buoyant-as-buyers-cash-in-on-brexit
robinnicolson
24/11/2017
19:03
Neil Woodford has increased his holding to 8,491,660.00 (18.2%) from 17.15%. It doesn't say which fund(s). robinn - yes, excellent on GYG.
jonwig
24/11/2017
10:52
Simon Thompson talks about GYG's trading statement in IC's latest podcast. Definitely worth a listen.
robinnicolson
23/11/2017
14:04
Simon Thompson, IC, conclusion: GYG’s current order book of €18.1m is up 37 per cent year on year, underpinning analysts’ maintained and conservative looking expectations that GYG can deliver revenue of €71m in 2018, pre-tax profit of €8.6m and EPS of 12.9¢. On this basis, the shares are priced on a modest 10.5 times forward earnings and offer a prospective dividend yield of 5.4 per cent based on a 6.6p payout in 2018. In my book that represents great value and I maintain my 170p target price
jonwig
21/11/2017
16:47
yupa - good move there! So the market ends the day accepting the company's statement. But it's on notice. I'd hope they give an end-year update to confirm, in January.
jonwig
21/11/2017
12:51
Mr N. I reside in Catalonia, I don't believe the on-going political situation will impact the company, although admittedly a few of the large banks are relocating their head offices to Madrid. Have taken an opening position here this morning
yupawiese2010
21/11/2017
09:09
Dan - whilst Zeus are associated with some poor floats (Accrol!), I'm not sure the generalisation holds. I hope not, anyway. numpty - my buying price for GYG was 115.25p so there was a bit of a cushion. Some companies are "serial warners" finding a new excuse every time. Obviously that's a danger here, but on the other hand, they used the phrase "at least" regarding the 2018 numbers. I'll be holding them to that promise.
jonwig
21/11/2017
08:40
I got very lucky as I lost patience with GYG yesterday and sold up. I feel a bit annoyed with myself that I had not thought through the impact the Caribbean hurricanes might have had on the business. On the other hand, there must be a lot of yachts that were damaged and needing repair? I'll keep a watch on GYG, but not convinced I'll be tempted back.
saucepan
21/11/2017
08:37
disappointing but you can't blame the company for the impact of hurricanes.
alter ego
21/11/2017
08:35
Jonwig , after the recent fall in the share price , it is reassuring to see that you are still holding . Although you are no doubt not infallible , and we all have to make our own investment decisions , you have always seemed very well informed about Burford Capital ( which I have been holding since May 2015 ) and Kromek ( which I held , then sold prior to their share price drop ) . Regarding GYG , I had been concerned that the political situation in Catalonia might have impacted the shares but , for once , it wasn't politicians who were the cause , but the weather !
mrnumpty
21/11/2017
08:10
Another high yielding recent float warning (from Zeus)
dan_the_epic
21/11/2017
08:06
Quote 110-112 with a few small-ish sales. I'm not inclined to sell mine.
jonwig
21/11/2017
08:01
Zeus comment this morning: GYG has given a trading update this morning, which has highlighted it has experienced several delays on the start dates of some of its refit contracts resulting from the two hurricanes that hit the US and Caribbean in Q3 (a large proportion of mega yachts go to St Barts and St Martin who were both hit extremely hard). This is a timing issue rather than contracts being lost or cancelled. In addition, a substantial contract scheduled to start in September has also been delayed due to the vessel not arriving in dock until the middle of November. The contract delays occurred exclusively within the Refit division. The impact of the hurricanes has disrupted cruising patterns with owners extending their Mediterranean season while facilities were assessed in the Caribbean, hence decisions relating to refit programmes were delayed. The “substantial” contract was also a Refit contract, with the majority of revenue now not being recognised until December and into Q1 2018. Elsewhere, the New Build division has performed in line with expectations, which should be a useful pre-cursor for future market growth. The Technocraft division, which fits scaffolding on and around vessels has also performed with record Q4 revenue +66% YOY, reflecting the shift in contracted work into Q4 and early 2018. Savannah was not impacted by the hurricane activity. We are downgrading our 2017E forecasts to reflect the timing of these Refit contracts, which generate gross margins in excess of 30% and therefore has a disproportionate impact on profitability. We are now assuming revenues of €61.0m (-8% vs. previous forecasts) with adjusted EBITDA of €7.1m (-12% vs. previous forecasts). We have also tweaked up our depreciation number by €0.2m to reflect the increased activity levels in Technocraft, which involves the hiring of equipment. The upshot is a 17% cut to 2017E EPS. We are maintaining our 2018E forecasts at this juncture, which should prove very conservative given this timing impact on Refit contracts. While the downgrade to 2017E EPS is disappointing, we believe the Group is well positioned with superyacht numbers at their highest ever levels and growing, with the order book dynamics firmly intact. The dividend yield in excess of 5% from 2018E should also offer some support in our view.
jonwig
21/11/2017
07:33
No they never do.
davr0s
21/11/2017
07:30
Given the weakness in the share price in the last few days this is no surprise. Will LSE investigate who knew??
peter27
21/11/2017
07:16
Trading update: https://www.investegate.co.uk/gyg-plc--gyg-/rns/trading-update/201711210700060360X/ Some contract delays moving revenue and profits into 2018. (None of them the fault of the company, it seems.) Otherwise positive order flow. The market may well take a dim view of this. Prior expectations were Revenue €66m, adj EBITDA €8.1m. These are now €61m and €7.1m "at least".
jonwig
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
Chat Pages: 28  27  26  25  24  23  22  21  20  19  18  17  Older
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