anyone in this one or did they miss this and GOAL too that double this one will do the same given some momentum and exposure first set of results due september
wont be 50p by then IMHO will be at least 50% above and poss 100p by xmas

Surprised no one's following this one - recommended by Tom Bulford in RHPS.

Results out on Tuesday seem to be pretty good and in line with expectations but the markets taken agin them and dropped back nearly 6% to 70p at today's close.

Half year net profits of 976k and EPS of 1.19p suggest we should be heading for 2,860k and 3.5p respectively for full year after the seasonally better Jan-Jun period. I make that a PE of 20 at today's price - not obscene for a growth operation. Difficult to get a true growth comparison, but I'm using 51%, making a PEG of 0.39 - not unrespectable.

I like the story and the fact that the world cup is going to kick off in June, encouraging all sorts to doin their boots and act out their fantasies for real. Also the sponsorship tie ups are impressive - a useful revenue stream which also serves to greatly boost their image, already quite shiny from the good partnership they appear to foster with local authorities and schools.

Artemis hold 9.66% and Goldman Sachs 3.97% at last count. Director Simon Bentley holds a modest 10,000.

If the price drops back anymore these must be worth a punt. Anyone out there holding any? Any views to share?

sd

Powerleague Group reported a 56% jump in full-year pretax profit on higher turnover.

The company said it has continued to trade in line with expectations since the year-end.

The commercial operator of five-a-side football centres in the UK posted a pretax profit of 4.96m for the year to end June compared with 3.23m previously. Total sales rose 12% to 23.03m.

The company has proposed a final dividend of 1.1p compared with 0.75p per share.

Looking ahead, the company said the current pipeline of sites within the portfolio remains strong with new opportunities being targeted within under-provided locations. price 101/103p

WILL NOW START TO GO UP.

WILL or may!!! :o)
Director selling was the kiss of death for this stock recently, but may turnaround.

Shares Mag July 17th reports Chairman and Chief Exec are " snappinng up shares " as they believe it is now undervalued, dyor.

Harrycat - any view right now?

When stocks turn around, this isn't going to be one of the first, imo. I have no idea where the bottom is, so if that's what you're asking, maybe best to buy in small amounts & then get yourself an average price over a period of time.
There are a couple of competitors in this field, plus there is no guarantee that it is recession proof. Footy is 5.50 per hour per person. Will the numbers drop when the bad weather & Xmas are here, or when inflation bites? Too high risk for me at the moment.

NOW 27P TO BUY.

So?

Recent boost is "hope" IMHO - backed up by a Broker Note ( don't we love 'em) and Director buying.(oNu-mum-er). . . . Shares bought today are worth 11k, so the 17% price hike is unjustified (DYOR).
So, the reason for this activity appears to be that they've fallen so far - they can't fall further ( and competitors appear to be trading much higher).
Er, so there we are....surely the time this will become "interesting" is when the season is over ( and Results out) and maybe some Hype caused by England winning something, thereby encouraging youngsters etc.
I thought this had fallen so much because it was relativly new and had "lots" to proove...etc.

Does anyone here, have children that use these facilities?