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Share Name Share Symbol Market Type Share ISIN Share Description
The Gym Group Plc LSE:GYM London Ordinary Share GB00BZBX0P70 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  3.50 1.21% 293.50 297,922 16:35:19
Bid Price Offer Price High Price Low Price Open Price
293.00 295.00 295.00 290.00 290.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 80.47 -47.19 -23.10 487
Last Trade Time Trade Type Trade Size Trade Price Currency
17:22:59 O 166 293.50 GBX

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Date Time Title Posts
25/4/202111:11GYM Group - get your daily workout and pump up641
01/12/200010:18Gympie Gold lunch2
01/11/200008:51Gympie grows on gold and coal1
01/11/200008:41Gympie grows on gold and coal1

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The Gym (GYM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:28:48293.50166487.21O
16:06:20293.50210616.35O
15:46:43293.505,44015,966.40O
15:35:19293.5027,27380,046.26UT
15:29:54293.00329963.97O
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The Gym (GYM) Top Chat Posts

DateSubject
22/6/2021
09:20
The Gym Daily Update: The Gym Group Plc is listed in the Travel & Leisure sector of the London Stock Exchange with ticker GYM. The last closing price for The Gym was 290p.
The Gym Group Plc has a 4 week average price of 256p and a 12 week average price of 227.50p.
The 1 year high share price is 313.50p while the 1 year low share price is currently 117p.
There are currently 165,977,131 shares in issue and the average daily traded volume is 342,197 shares. The market capitalisation of The Gym Group Plc is £487,142,879.49.
28/5/2021
14:03
tomps2: piworld interview: Ken Wotton’s Investing Principles talks about Gym (GYM) at 20m43s Watch the video here: Https://www.piworld.co.uk/2021/05/28/piworld-interview-ken-wottons-investing-principles/ Or listen to the podcast here: Https://piworld.podbean.com/e/piworld-interview-ken-wottons-investing-principles/
25/4/2021
11:11
albanyvillas: As a result of the Covid-19 pandemic, the gym has only operated for c110 days out of the last 365 and although the intention was to reopen and continue trading once the Government restrictions were relaxed, a non-negotiable demand from the equipment finance company for the full repayment of the c£270,000 arrears on the leasing agreement has caused the Director to put the Company into administration (having been in a CVA for the previous 3 years). With the current value of the equipment being less than the value of the outstanding finance, it is likely that arrangements will need to be made for the return of the equipment in early course of the administration. Interested parties will need to be aware that it is very likely that they will need to re-kit the entire gym. Furthermore, current rent and service charge arrears including the March ’21 quarter are c£445,000 (+ VAT) and no agreement has been reached as yet with the landlord as to how to deal with the arrears or future rental payments should the gym reopen. This is likely to be vital to any purchaser as gym membership has fallen by approximately 2/3rds since March 2020 to c500 members which is not viable in the medium to long-term as contractual rent alone is over £300,000 per annum. The gym is not currently allowed to trade under Government regulations but the Joint Administrators do intend to bring a number of staff off furlough to enable the business to trade from 12 April (subject to the Government not amending its timetable for re-opening and suitable arrangements being made with both the landlord and the leasing company). They have engaged Williams & Partners Ltd to find a buyer for the business and goodwill out of administration as a going concern, or alternatively to find a buyer for the assets on a break-up basis (although we note that that at cost c£315,000 out of the £375,000 worth of equipment is encumbered).
23/4/2021
17:57
bionicdog: There are cheaper options , but you have to go olympic at the very least. I think that a lot of people have given up on going to the gym , so can afford to reinvest their monthly fees for a few years. I don't think I'd do it so religiously if I had to go somewhere. Also , I get to break it down into 3 sessions in a day , so can go a bit heavier.
16/1/2021
14:10
rp: From The Times Business section today Rio Ferdinand, the footballer turned TV pundit, is set to join the board of Gym Group, the low-cost operator, as the company tries to recover from Covid disruption. The former Manchester United and England player will join as an independent non-executive director on February 1. Wais Shaifta, chief executive of online doctor and prescription service Push Doctor, will join in the same capacity. The company welcomed the “wealth of complementary business and life experience” the pair would bring. The Gym Group, which traces back to a west London site opened in 2007 by John Treharne, operates 184 gyms across the country. Ferdinand, 42, one of the most decorated English footballers, said: “This is an exciting new step for me. I am a passionate believer in the wide-reaching mental and physical benefits of living a healthy and active lifestyle. “I have been impressed at how The Gym Group is breaking down barriers to fitness by providing high quality gym facilities at low prices with a welcoming and inclusive culture. I look forward to contributing as a director to the next stage of growth.” In a separate announcement, the company said that revenues in 2020 fell by 48 per cent to £80.5 million as it lost 45 per cent of its trading days due to coronavirus restrictions. The company, which froze all gym subscriptions during the national lockdowns, said that membership fell by 27 per cent to 578,000, adding that no student members had remained from its 2019 sign-ups.
17/12/2020
07:18
masurenguy: Statement "As of 12 December 2020, the Company has all of its gyms open. On 2 December, all gyms in England were re-opened, following a 4-week national lockdown, including our sites in Tier-3 locations. In Scotland, nine of the Company's 13 gyms were closed for three weeks as a result of local restrictions but these gyms re-opened on 12 December. All three gyms in Wales are currently open. As part of the acquisition of 13 sites from easyGym in 2018, the Company acquired two sites that had limited remaining terms on their leases: London Oxford Street and Birmingham Kings Heath. The Company has now agreed new leases on both sites and will be paying the previously agreed contingent consideration in instalments up to the end of 2021. Following a major refurbishment, the London Oxford Street gym re-opened on 2 December." Notification of Trading Update The Company will be issuing a pre-close trading update on 15 January 2021.
12/7/2020
13:09
masurenguy: The Gym Group The leisure sector has been one of the worst hit, so it is no surprise that shares in the Gym Group fell by 51.5% in the 4 months to the end of April. UK gyms are closed and the company froze memberships on closure, so it is receiving no income. The broker argues the gloom in the share price has been overdone. Complete article: https://www.thetimes.co.uk/edition/money/oversold-but-back-on-track-halfords-and-other-bargains-7dr0f5vnj
24/6/2020
09:42
masurenguy: "The government has given the green light to a night out in a pub or restaurant in England but gym workouts, swimming pools, nightclub dance floors and even manicures are still off limits - prompting accusations of glaring inconsistencies as the lockdown is eased. The chief executive of PureGym, the UK's biggest gym chain, said he was "bitterly disappointed" by the delay in opening its 269 gyms and questioned the government's commitment to tackling obesity. "It is a strange war on obesity that sees pubs and restaurants open before gyms," said Humphrey Cobbold who highlighted that the company had already safely reopened its gyms in Switzerland and Denmark.": The Guardian, 24 June
17/4/2020
10:43
masurenguy: 17 April 2020 The Gym Group PLC Results of the Placing The Gym Group plc, the nationwide operator of 179 low cost 24/7, no contract gyms, announces the successful completion of the placing announced yesterday. A total of 27,396,606 new ordinary shares of 0.01p each in the capital of the Company have been placed by Numis Securities and Peel Hunt, at a price of 150p per Placing Share (the "Placing Price"). Together, the Placing and Subscription of 27,512,181 new Ordinary Shares raised gross proceeds of approximately £41.3m. The Placing Price represents a discount of 6.8% to the closing share price of 161p on 16 April 2020. The Placing Shares and Subscription Shares (defined below) being issued represent together approximately 19.9% of the existing issued ordinary share capital of the Company prior to the Placing and Subscription. Overview (16 April) -- The net proceeds of the Placing and Subscription will be used to strengthen TGG's balance sheet and provide liquidity whilst TGG's gyms are closed during this period of unprecedented COVID-19 disruption -- The Board believes that a strengthened balance sheet will enable the Company to take advantage of growth opportunities in the immediate aftermath of the COVID-19 crisis both in terms of membership acquisition and by restarting its site roll out programme -- Credit approval has been received for an amendment to the Company's existing £70m committed bank facility, maturing October 2023, with its existing lenders HSBC, Natwest and Banco de Sabadell to provide commitments for an incremental £30m for an 18 month period (the "New Debt Facility"). The amendment which remains subject to final documentation, provides for a revised financial covenant testing regime and is subject to completion of the Placing -- The Board is confident that the additional financing from the Placing and Subscription and New Debt Facility, alongside a broad range of cost saving actions, will ensure sufficient liquidity even in the event of its most pessimistic trading scenario -- Directors and certain members of the Executive Management team intend to subscribe for Subscription Shares to contribute approximately £175k in aggregate. Rationale for the Placing The Company entered 2020 following a year of strong performance in 2019, and trading in January and February of 2020 was encouraging with the Group reaching record membership numbers of 891,000 at the end of February. However, in line with UK Government guidelines in response to COVID-19, on 20 March 2020 the Company temporarily closed all 179 of its sites. As announced on 19 March 2020, in anticipation of potential closures, management put in place a number of actions to reduce cash outgoings including halting the roll out of new sites and reducing both capital and operating expenditure to essential spend only. The Company also commenced discussions with its existing lenders HSBC, Natwest and Banco de Sabadell (the "Banks"). These discussions have progressed such that credit approval has been received for an amendment to its existing £70m committed bank facility, maturing October 2023, to provide additional commitments of £30m for an 18 month period. The amendment also provides for a revised financial covenant testing regime, taking into account the current period of closure of the Company's gyms and their reopening over the next six months, and remains subject to final documentation and completion of the Placing. During the period that the New Debt Facility can be accessed the payment of dividends requires the consent of the Banks. The Company has also continued to take further actions to conserve cash. This has involved ongoing discussions with the Company's landlord, supplier and employee stakeholders. In addition, the executive directors have taken a material temporary reduction in salaries and have deferred 50% of their 2019 bonus award. All non-executive Board members have agreed to forego their board fees for the second quarter of 2020. The Company is also participating in a number of the relevant UK Government COVID-19 support initiatives announced to date, including rates relief, the Coronavirus Job Retention Scheme for furloughed workers, and the deferral of some payments due to HMRC. As at 31 March 2020, the Company had cash on hand of £22.4m, having fully drawn its £70m existing bank facility. Management's immediate mitigation actions have in aggregate reduced the Company's monthly cash burn during the temporary closure period to £5m, excluding the unwind of working capital and other capital commitments over the next five months, which in total are approximately £12m. Given the uncertainty of the duration of the current disruption, the Board believes the Placing and Subscription to be a prudent measure to further strengthen the Company's balance sheet, working capital and liquidity position. The Board is confident that the steps being taken will ensure sufficient liquidity even in the event of its most pessimistic trading scenario which assumes a total closure of the estate for the remainder of 2020 and a significantly reduced membership upon reopening. The Board also believes that the strengthened balance sheet will provide the Company with the ability to take advantage of growth opportunities in the immediate aftermath of the COVID-19 crisis both in terms of membership acquisition and by restarting its site roll out programme.
17/1/2020
08:16
mount teide: Good results. Today there are circa 3,000 private gyms in the UK with an average monthly fee of £50, circa 2,700 public gym facilities with an average monthly fee of £30, and circa 650 low cost gyms with an average monthly fee of £18. Clients of Public sector gyms are the principal target of the low cost gyms, particularly since funding has been sharply cut for public sector sports facilities over the last decade, resulting in many having a limited range of ageing, tired looking equipment compared to the new low cost gym sector. Low cost gym membership has grown over the last 5 years at an average CAGR of 36%, while traditional high cost private and public sector gyms has seen no growth. Latest Industry forecasts have the number of low cost gyms doubling to circa 1,300 by 2025, while public gyms and private health club gyms are expected to continue experiencing no growth and membership declines. Let the trend be your friend.
11/1/2019
09:20
dtaliadoros: When I bought into this stock 2 years ago sub 1.80 All the brokers where saying gym share price was pricey. None of them saw how disruptive gym would be to fitness industry but I did. I would not have spotted this if I had not been a member and seen how hard they sweat their assets with gyms packed to the rafters. People love these gyms.
The Gym share price data is direct from the London Stock Exchange
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