The shares trade at an unjustifiable 15% to 20% discount to replacement cost
Gym Group (GYM) 131.56p Loss to date: 4.5% In July 2024, we highlighted low-cost gym operator Gym Group (GYM ) as a good risk/reward investment based on increasing like-for-like sales momentum and improving returns on investment. This has allowed the company to increase the rate of site expansion using internally-generated cashflow and to target 50 new sites over the next three years. WHAT HAS HAPPENED SINCE WE SAID TO...