Updates and Ideas

Powerleague - Double the size of Goals Soccer Centres

June 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

This month saw the float of Powerleague (PWR; 52p) which operates commercial 5-a-side football venues, following a placing by broker Evolution Securities. The shares were issued at 44p with 18.75m shares placed on behalf of selling shareholders and 31.8m shares for the company, raising £12.9m new money for expansion. At the placing price, Powerleague was valued at £36m. Powerleague is the largest operator of soccer venues with 26 centres comprising 282 pitches (a further four centres are being acquired from the receivers of competitor Vida currently) and is therefore already twice as large as Goals Soccer Centres, 113p. Like Goals, these are all-weather floodlit 5-a-side soccer venues with pitches available for h ...

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Spring Group

Mayborn - One of a few shares to hit a new high

Powerleague (November 2009)

Powerleague - Directors buy on eight occasions (December 2008)

Powerleague (May 2008)

Powerleague (October 2007)

Powerleague - Rollout of new sites continues (December 2006)

Powerleague - Effective pre-marketing (July 2006)

Powerleague (May 2006)

Powerleague - Leagues make 5-a-side sticky (December 2005)

Powerleague - Maiden results in September (September 2005)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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