RE: Advice4 Aug 2020 22:19
As a Gym Group user, since reopening I have observed the following.
The first 4 days the app didnt work at all, not a good start. The gyms I would say are about half to 2/3s as busy as pre-lockdown. The social distancing is well laid out, with ever other cardio machine out of use, and free weight and machines all 2m apart. Sanitizing stuff in several stations throughout the gym, and staff often cleaning the kit. Gym users also seem to be on the whole cleaning the kit after use.
I hold gym group shares as always thought it was a great company that I use 5 times a week, but I can see the share price not doing much for the foreseeable, and god forbid this stupid government closes them again all bets are off. I would say at best "hold", and sell at 180p buy at 75p.