Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.

show sort by

You are not eligible to view 42 messages. To gain access to more recent message posts signup free for membership.

#	AUTHOR DATE SUBJECT
52	member 12/13/18 4:49PM Re: Re: time to revisit short? 51
Thanks for the quick response! I acknowledge and agree with all the points you made, but don't you think a significant amount of new gym openings is financed with debt and is therefore dependent on the availability... login to read the rest view available tags
50	member 12/13/18 3:19PM time to revisit short?
Many cyclical names have been very weak recently, but PLNT seems to be trading like a defensive name. Currently it trades at 40x forward earnings, which is a significant premium to its historical levels. I... login to read the rest view available tags
48	member 3/08/18 1:02PM Update
Hi katana, Any thoughts or an update here? Thanks in advance! 2 view available tags
46	member 9/25/17 7:18PM Re: brief 4Q/guidance recap 45
When you talk to actual franchisees, they literally cannot open enough stores. They are mad at corporate for dragging their feet and waiting to only approve amazing locations. In your write-up you variously make the point... login to read the rest 10 view available tags
42	member 11/23/16 2:39PM Re: Free Cash Flow, the Tax-Payable Agreement, and Valuation 41
Does this include the incremental cash interest on the $300mm debt from the special? view available tags
36	member 10/27/16 10:59AM Re: Re: 3Q results - they "stuffed the quarter" to support the secondary offering 35
I had an identical experience at another cheap gym in NY (not PLNT). They require a written letter and signed cancellation form mailed to them to cancel. Funny, I also suggested to the rep I... login to read the rest view available tags
21	member 8/12/16 11:51AM Re: Re: 2Q earnings: non-event, mildly positive 20
Whoa. I was dead wrong about the share-price reaction. Pretty shocking actually. view available tags
20	member 8/12/16 7:10AM Re: 2Q earnings: non-event, mildly positive 19
I agree. Given late June follow-on offering timing and subsequent +20%-plus stock rise I expected more. "Raise" just optics as full-yr revs and EPS guide bumped by less than 2Q beat or just +1%. Sounds like unit... login to read the rest view available tags
14	member 7/20/16 9:13PM Re: Re: few questions 6
thanks for the feedback, and fair point on taking the CEO's view over mine :) I guess in general the objection to the thesis seems to reside around how happy the franchisees seem to be. the... login to read the rest 1 view available tags
3	member 7/20/16 6:38AM few questions
thanks for an intriguing idea. I had a couple of questions I am trying to get my head around: - how much of store growth from PLNT or other low-price competitors is coming at the expense... login to read the rest view available tags

load more messages

			2016	2017
Price:	20.90	EPS	0.64	0.77
Shares Out. (in M):	99	P/E	33	27
Market Cap (in $M):	2,063	P/FCF	32	26
Net Debt (in $M):	446	EBIT	107	129
TEV (in $M):	2,509	TEV/EBIT	24	19
Borrow Cost:	Available 0-15% cost

Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report. Log in to read the full report.

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.