Escape Hunt – “pleased to announce” contracts for French acquisition & trading update. But value?...
The Gym Group (GYM) has updated including “three-month period ongoing paying members were up 2.4% at 588,000 compared to re-opening (25 July 2020: 574,000)… has traded profitably and cash generatively” and “continues to see an opportunity to access attractive potential new sites and is building a pipeline for new openings in 2021”, but its shares have soared for another reason...
The Gym Group (GYM) has announced results for the first half of 2020 and “since re-opening, member visits have been steadily increasing week by week. Whilst the total number of visits remains lower than the same period last year… the number of visits per member is now at the level of last year, demonstrating a growing confidence in our member base about working out in our gyms”...
The government is now changing tack from virus policy failure cover-up attempts to trying to revive a wrecked economy and that there is clear evidence of younger folks desperate to get back to previous freedoms. That now brings us to The Gym Group (GYM)…
Hello Share Mashers. After a lot of research and getting three-quarters of the way through a blistering piece on a firm which services other companies, I suddenly had a feeling that the shares would struggle to rise. I was unable to pin down creeping doubt, after my initial enthusiasm, but I abandoned the tip, anyway. Four hours work up the spout! But that’s the worth of this splendid website. We writers like to think we say stuff with real value and integrity. What's a few hours wasted, if we stand a better chance of making you some money? So instead I commend for your further attention a keep-fit enterprise.
Hello, Share Pursuers. Personally, I avoid gymnasiums like the disembowelling black death. And I've always thought you could save the money by running to the nearest gym, refusing to pay the membership fee and running home again. But gyms are fashionable with the smart set. And it’s the smart set which has the most spare lolly. A very good new BBC1 TV show, which shows you how to live longer, seems to make great use of the gym craze.
I’ve written on this website in gushing terms on the disruptive business model being operated by The Gym (GYM). However, I mentioned before that it has “one larger competitor”. That competitor is floating on the LSE and so it is perhaps not surprising to see The Gym shares slipping on the announcement.
Having placed a Buy rating on The Gym Group (GYM) last month, today brings us the company’s interim results. Time for an update!
The Gym Group (GYM), the low-cost gym operator currently rolling out across the UK, has issued a strong trading update this morning which shows forward momentum continuing and providing further fuel for the growth thesis here.
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