Latest news with #TenLifestyleGroupPlc
Time of India
a day ago
- Business
- Time of India
Serve ace of a seat at Wimbledon, get 75% returns
For two weeks every summer, the Centre Court at Wimbledon is where fans can watch the best tennis players in the sport's most prestigious amphitheater. For some of the most expensive ticket holders, it's not even worth attending. That's because owning so-called debentures - a guaranteed seat on Centre Court or No. 1 Court for a five-year stretch - has become so profitable that many are choosing to treat them as a tradeable asset, selling them on for a significant profit. Centre Court debenture seats for between 2026 and 2030 are already changing hands at over £200,000 ($275,300) once the final installment is included, a profit of about 75% due to soaring demand from US buyers, according to market-maker Dowgate Capital. They went on sale last year for £116,000. Debentures guarantee wealthy tennis lovers prime seats, as well as VIP access to lounges and restaurants. On days they can't attend, they're able to sell their tickets for the day - the only exchangeable tickets for Wimbledon. And investors are increasingly getting in on the action, buying up debentures solely to sell them for a profit. "You get tennis fans coming to Wimbledon as the mecca of tennis from all over the world, particularly the US," said Alex Cheatle, Chief Executive Officer of Ten Lifestyle Group Plc, a luxury concierge service that snags debentures for its high-net worth clients. Live Events Just as the valuations of sports teams and franchises have soared in recent years as private equity firms and billionaires race to get a piece, so has the price to attend flagship sporting events. Tickets for Premier League games have increased 800% since 1990, while a seat at the 2024 Super Bowl in Las Vegas was selling for an average of about $10,000. Debentures are used by many sports clubs, from Arsenal Football Club to the Minnesota Vikings, to help raise funds often to cover construction costs. Wimbledon debentures were first sold in 1920, with the £100,000 raised used to fund the building of the Centre Court. Debentures have paid for everything from installing retractable roofs on the two main courts guaranteeing play when it rains - to building 12 new courts in the past six years. They will also be used to help fund an expansion plan to add 39 courts and an 8,000-seater stadium, though this has been met with local opposition. Part of the £74 million the club expects to raise from the latest No. 1 Court debentures will go toward redeveloping exclusive areas for holders. These debentures that start in 2027 went for £73,000 each in May, a 63% increase from the previous round. "They're incredibly important," said Fiona Canning, the associate director of finance and debentures at the All England Lawn Tennis Club , which manages the annual tournament. "They fund all the capital work on our site." The returns made trading debentures for Centre Court seats that start next summer work out at 75%. Since the first payment was made on May 17 last year, the FTSE 100 has risen less than 4% and the S&P 500 is up 17%. Debentures are regulated because they're considered financial instruments, similar to bonds. Regulation provides the buyer with protection and transparency, allowing buyers on the secondary market to see the prices they're trading for.
Yahoo
14-05-2025
- Business
- Yahoo
Ten Lifestyle Group (LON:TENG) shareholders have endured a 27% loss from investing in the stock five years ago
While not a mind-blowing move, it is good to see that the Ten Lifestyle Group Plc (LON:TENG) share price has gained 29% in the last three months. But if you look at the last five years the returns have not been good. In fact, the share price is down 27%, which falls well short of the return you could get by buying an index fund. Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During five years of share price growth, Ten Lifestyle Group moved from a loss to profitability. Most would consider that to be a good thing, so it's counter-intuitive to see the share price declining. Other metrics may better explain the share price move. Revenue is actually up 12% over the time period. A more detailed examination of the revenue and earnings may or may not explain why the share price languishes; there could be an opportunity. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). It is of course excellent to see how Ten Lifestyle Group has grown profits over the years, but the future is more important for shareholders. It might be well worthwhile taking a look at our free report on how its financial position has changed over time. Investors in Ten Lifestyle Group had a tough year, with a total loss of 4.8%, against a market gain of about 4.0%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. However, the loss over the last year isn't as bad as the 5% per annum loss investors have suffered over the last half decade. We would want clear information suggesting the company will grow, before taking the view that the share price will stabilize. It's always interesting to track share price performance over the longer term. But to understand Ten Lifestyle Group better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Ten Lifestyle Group , and understanding them should be part of your investment process. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
