Gamble of the week: Make money from football

This provider of five-a-side football pitches has disappointed investors, says Phil Oakley. But the shares still look worth a shot.

Goals Soccer Centres is a good example of what can happen to share prices when a company disappoints investors on growth.

As the leading provider of branded five-a-side football pitches in Britain, with a 42% share of the market, five years ago its shares changed hands for 20 times earnings as investors became very bullish about its growth prospects. Now they trade on 9.6 times. But I think that at current levels they are well worth a look.

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Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.