The Gym Share Discussion Threads

[gf13] 20/3/2019 07:45

More coverage___________

[gf13] 19/3/2019 11:00

TP=350____62.7% potential upside from the current share price

[quepassa] 19/3/2019 09:48

One to buy now for growth.

High management confidence.

[turbocharge] 19/3/2019 09:36

One to hold for the longer term :)

[gf13] 19/3/2019 08:23

Strong Buy

[gf13] 19/3/2019 08:21

19 Mar 2019 Liberum Capital Buy 208.25 202.50 330.00 - Reiterates
19 Mar 2019 Peel Hunt Buy 208.25 202.50 350.00 - Reiterates

[thomshrike] 19/3/2019 08:19

Very solid results. If nothing negative arises from the call at 09:30, I would expect the stock to continue to climb.
A few interesting points:
- the move to build smaller gyms in smaller catchments. This is something that management touched on already some 2 years ago at the CMD. Very importantly, at the time they said they expected similar %ROI for those as in their existing estate.
- management says that, in the gyms where they tweaked down prices late last year, demand increased at 1.5x the pace of other gyms, which means that demand elasticity did kick in.
- LiveIt at 13.5% in end-February (vs. 11.7% at the end of the year) continues to show a very positive development.

[rathean] 19/3/2019 07:40

Solid results, continued growth, minor margin attrition being countered by increased take up of premium membership, new box format being trialed ahead of role out, cash generative to self fund new gym openings. Solid continued growth story imo dyor ofc.

[bamboo2] 15/3/2019 16:16

Not sure about the gap up this morning, so have used liquidity and taken small profit.

edit added, I guess if we were to get a holdings rns on Monday, then the gap could be seen as a breakaway, in which case I might re-buy

[thomshrike] 15/3/2019 10:35

It looks to me as there is still a permanent seller in the market, but the crucial difference today so far has been the fast pace of heavy buying orders consecutively hitting the ask price.

[rathean] 15/3/2019 09:07

Maybe, nice early rise off its support level.

[pi0110] 14/3/2019 17:05

Has the persistent seller finally cleared now? I guess we will find out tomorrow.

[rathean] 14/3/2019 12:15

Good clear analysis ;)Trend is your friend until news gives it direction, showing good support so most likely a continuation of a narrowing channel until a pilot point imo dyor ofc. Happy to hold.

[twirl] 13/3/2019 07:52

I assume they could not buy until after next weeks results as in closed period. Or maybe they don't want to buy.

[nitinkhattar] 13/3/2019 01:42

Seems very attractively priced. But management sitting on sidelines at this price does not make sense. Something's not right!

[rathean] 08/3/2019 12:03

I've added a few thousand this morning as an addition to my lth, not to day trade. Imho market sentiment is behind this and other poorly charts, in time this will look like a steal at this share price dyor ofc.

[thomshrike] 08/3/2019 09:15

GYM now trading close to the IPO price. At the time of the IPO (late 2015), the company had 66 gyms. At the last trading update, it had 159, with consistent levels of return per gym.

[bamboo2] 07/3/2019 18:26

DavRos, I use trendline apex based turns to attempt to time trades.
I combine this with simple chart pattern based target setting.

The pattern here was a Head and Shoulders. The tp was 184-186.

If the turn doesn't materialise, then I will either stop out or may decide to average down.

More info here,

[davr0s] 07/3/2019 18:19

Potential turn? On what basis? 2 year low which is never a great sign

[bamboo2] 07/3/2019 16:13

Started buying here today.
Potential turn combined with share price reaching tp.
gla