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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

The Gym Group shares find favour with market tipsters

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.

The gym chain became the only listed health club operator in the UK when founder John Treharne rang the bell on the (LSE) as the shares began trading under the ticker GYM on 9 November.

Since then, the shares have risen steadily from their 195p starting price to hit highs of 209p. The price had levelled off slightly by yesterday evening (16 November) to 202p, but still reflected solid gains.

The Gym Group’s potential has not been lost on media market tipsters, with several using columns to extol the virtues and ‘latent potential’ of the UK’s budget gym sector.

The Mail On Sunday’s Midas column urged readers to buy Gym Group shares, noting they “still offer plenty of potential” and adding that the chain’s proposition “fits in well with today’s cost-conscious consumer.” These tips were picked up by several other financial news sites and forums.

Speaking to Health Club Management at the time of the listing, Treharne said the IPO had proved attractive to a number of credible investors.

“The calibre of our new shareholders is fantastic, they’re all investors who are in it for the long-term. It shows that health clubs don’t have to be a low level investment,” he said, adding that he will stay in the business as CEO to lead the next stage of growth.

“This IPO secures our future,” he added. “We’ll continue to open between 15 and 20 gyms a year, with a focus on quality and quantity. We want to see the business continue to grow sensibly.”

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.
HAF,FIT,IND
5419_83466.jpg
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News

The Gym Group shares find favour with market tipsters

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.

The gym chain became the only listed health club operator in the UK when founder John Treharne rang the bell on the (LSE) as the shares began trading under the ticker GYM on 9 November.

Since then, the shares have risen steadily from their 195p starting price to hit highs of 209p. The price had levelled off slightly by yesterday evening (16 November) to 202p, but still reflected solid gains.

The Gym Group’s potential has not been lost on media market tipsters, with several using columns to extol the virtues and ‘latent potential’ of the UK’s budget gym sector.

The Mail On Sunday’s Midas column urged readers to buy Gym Group shares, noting they “still offer plenty of potential” and adding that the chain’s proposition “fits in well with today’s cost-conscious consumer.” These tips were picked up by several other financial news sites and forums.

Speaking to Health Club Management at the time of the listing, Treharne said the IPO had proved attractive to a number of credible investors.

“The calibre of our new shareholders is fantastic, they’re all investors who are in it for the long-term. It shows that health clubs don’t have to be a low level investment,” he said, adding that he will stay in the business as CEO to lead the next stage of growth.

“This IPO secures our future,” he added. “We’ll continue to open between 15 and 20 gyms a year, with a focus on quality and quantity. We want to see the business continue to grow sensibly.”

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.
HAF,FIT,IND
5419_83466.jpg

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Andy Janes and Jamie Whisken explain the vision behind R1SE Bournemouth, and why Technogym was their choice of partner in delivering their unique fusion boutique
HCM Magazine
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Running booms when health clubs and gyms are closed. Could this enthusiasm result in treadmill training becoming the new spinning? Kath Hudson reports
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Billed as the ‘2021 Experience Tour’, Egym has taken its connected gym floor experience on the road around the UK
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Changes to DNA which occur during exercise give protection against a wide range of diseases, according to new research from the Univesity of Copenhagen
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Fuel the debate about issues and opportunities across the industry. We’d love to hear from you – [email protected]
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People's fitness goals are extremely diverse – ranging from an elite athlete focused on the next goal to someone who dislikes all activity due to chronic back pain.
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Featured supplier news: Technogym awarded “Supplier of the year” at ukactive awards 2021
The best in class of the physical activity sector have been revealed at the ukactive Awards 2021.
Featured operator news
Featured operator news: Being active helps Parkwood Leisure customers save the NHS £16m
Parkwood Leisure, one of the UK’s leading public leisure facilities operators, helped prevent more than 7,000 cases of stroke, dementia, depression and type 2 diabetes in 2019, saving the NHS £16 million, a new social value report has shown.
Featured operator news
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Award-winning leisure operator Everyone Active generated £342million in social value at its sites across the country in 2019/20.
Company profiles
Company profile: Octane Fitness UK
A global innovator of innovation and variety in fitness equipment, Octane Fitness, a True Fitness ...
Company profiles
Company profile: Indigofitness Ltd
We Create Training Spaces! We've been designing and delivering high quality training spaces for almost ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Management software
Premier Software Solutions: Management software
Skincare
Comfort Zone - Davines S.p.A: Skincare
Salt therapy products
Saltability: Salt therapy products
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Red Light Therapy
 Red Light Rising: Red Light Therapy
Spa software
SpaBooker: Spa software
Wearable technology solutions
MyZone: Wearable technology solutions
Uniforms
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Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Architects/designers
Zynk Design Consultants: Architects/designers
Property & Tenders
Welwyn Garden City
Welwyn Hatfield Borough Council
Property & Tenders
Newport, Shropshire
Lilleshall Sports Academy
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Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
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Online,
Diary dates
01-03 Feb 2022
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Diary dates
07-10 Apr 2022
Exhibition Centre , Cologne, Germany
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