This company is the next 5-a-side generation which are generally located in urban areas of the country. At the moment there a only few centres opened throughout the UK, however it is growing. I think they are proposing to build 7 new centres in year 2007 and 5 centres this year alone.
I believe GOAL will be a potential bagger in terms of cash it will generate. I myself play at one of these centres at least twice a month. It costs about 60 to hire a pitch for one hour. It may sound alot but when divide by 10 players its 5.00 its good value and you get fit as well! At my centre there are 20 pitches at my local centre.thats already 1200 in one hour!! The good thing about these centres is that they are open virtually all year round 7 days a week. So cash generated is going to be considerable as it open more centres.The cost of maintenance is next to nothing, just simple and easy things are used nothing fancy or complicated like you see at the fitness centres. The number of staff at my centres are only small so company expenditure must be low as well.
Last Monday 6 March 2006 they announced their impressive results and is continuing to grow and already started paying dividends. They have announced new deal with Umbro for sponsorship.
As you know us Brits love football and now that there is World Cup coming up god knows what cup fever will bring to us...Play football of course!
I think the share price have the potential to grow considerably in the coming months and after the World cup

6 more centres to open in the next 12 months . The sp is moving in the right direction , 3 before xmas ?

I think it will be more before xmas. After last result back in Mar 06 I think, I got in at 199p and nothing much happened for about two weeks and then sudden bounce and managed to sell at 245p mark before it dropped a little.
If I were you I would watch the number shares traded being traded on daily basis I noticed at the time I bought some the number of shares traded was increasing daily hence caused the sudden bounce.

I feel this company has plenty potential to grow, as I said before the brits just love playing football. It will never disappear

Unfortunately I am bit tied up with spare cash otherwise I would have long at 255p the results are showing good steady growth yearly.

I reckon it could rise as much to 350p by xmas IMO!

Yes , I would like to get more of these . Got my eye on other shares that could move faster .

Interesting volume for goal, I think its on the verge of a breakout?
With one big buys 710k shares @ 270.54p....mmm wonder what they are upto?

Just seen 1m buy of shares and load more. Very big volume by Goal standards. Have I missed the boat or shall jump on tomorrow am???

Yes your right , big movement soon i feel .

Fliper, just noticed Goal is in ex-div period will it make any difference? How long is the period normally?

Director sold 1m shares yesterday at 270p which was shown as buy on moneyam!
However he and partners are now interested in 4m plus shares which will represent 9.7% of the company.

Yes , but is he going to use that 2.7 mil to pay for more centres ?

Fliper

Who knows, but I what do notice is that same thing happened after the final results back in feb/march. But still share climbed.

Maybe they are paying some of the money back to the bank for the load outstanding?

It's not the company's money to buy centres or repay loans with - it's the director's personal cash to do what he likes with.

And he must filthy rich alright.
Stockdog do you have any shares in this company?

Watching closely, but not in. Not sure yet if ever. Also watching PWR, even less sure.

If you made a profit selling shares in a compnay you own, would you buy assets for the company or py of its loan?

Not sure what point you're making, but you seem angry. Can I help?

Stockdog, thanks but I not angry.

I am just curious which way the chart is heading I thought it was on the verge of a breakout. Maybe I am wrong? ( again)

The one thing I like about this company, is if worse case scenario comes, they have lots of land to sell which be could worth millions to developers.

Also maybe they should be thinking about expanding in Europe as well?
I think the possibilties is endless and it is going to take time.

Europe is a great idea - hadn't thought of that.

If they were performing bad , would they be looking to open 6 more centres this year ?

Champions league, UEFA, European Championship 5 a-side LOL
But seriously though the potential is there, its whether or not they take the risk?
Of course there will some of similar kind already in placed however I think Goals can be competitive in providing better services etc

I see the lehman brothers are in at 5.8% holding . More are buying , they must think these are a winner .

And also Blackrock Group who now owns 12.58%.
mm... but I have been in a situation institutions buy companies share and they still drop. Personally I really dont take much notice of their holdings in company, as I dont believe in them to reflect the share price unless they are preparing a bid

Guys do you use this link?

http://www.chart-breakout.blogspot.com/