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Real-Time news about Holidaybreak (London Stock Exchange): 0 recent articles
|cellars: Appears to me that there is not much upside from the present share price (370p).
I think Private Equity is a more likely buyer than Big Operator. HBR CEO has a track record with PE while B Operator is more in resource conservation mode than investment mode. Also Education is not big ehough to solve their problems.
HBR's problem is that its attractive hi growth divisions contribute only 50% of profits while the slow / no growth divisions contribute the remainder.|
|gaussfactor: Cheshire, thanks for that. I holidayed with eurocamp for about 8 consecutive years when our children were younger and I thought that they were great value for money. unfortunately they took their eye off the ball and ended up with an imbalance of supply and demand. Also as you suggest, trends have changed. I have not studied their brochure for some time so I was not aware that they now offer holidays on an accomodation only basis (is that in fact the case?). If so, I agree that this opens up new possibilities in conjunction with cheap flights. I also read in yesterdays Times travel section a complaint about a noisy camping holiday (why do they go if they want isolation?) and a comment that more and more customers are choosing caravans over tents (should help profits?). I know that HBR are diversifying but suspect that the performance of the camping division will remain the main driver of profits and share price for some time yet. If they can get their model right the market should still be big enough to make a success of it. As I said earlier, its back on my watchlist but I remain to be convinced of any significant growth in share price from hereon.|
|gaussfactor: May be time to put this back on the watchlist again. They have had enough time to sort out their problems and 2005 can only look good in comparison with 2004. Reductions in campsite numbers and costs should help profits going forward as should the dire British summer of 2004. Against that the trend is firmly against packaged holidays, even camping ones I suspect, and also the share price has recovered a fair bit lately so how much further can it go?|
|hilly: Sunday Telegraph - Market Miscellany
"We tipped Holidaybreak, the camping and short break specialist, in January at 451p and it has since soared to 575p. Last week's awful news from MyTravel, formerly Airtours, barely dented the share price, proving our theory that Holidaybreak would prove a robust investment. "|
|cheshire: Just thought I would update you all on HBR (a company I know well). The news was good (see HBR website). But what's even better news is that the good news looks to continue. Holiday sales todate have been strong and they are looking forward to another good season. Another development in the holiday camping industry is the switch to flying to the Med and other parts of Southern Europe when say 10 years ago you needed to drive. This has made the Eurocamp type holiday attractive to a whole new sector of holiday maket.
Still sitting on my shares and looking forward to good dividends and growth over the next few months. Interesting to see the way that the share price has shaken off the Sept 11 fall and risen to new heights.
P.S Not a good short or sell me thinks|
|zzaxx99: Whiteoak takes Holidaybreak
'At this time of year most are dreaming of taking their summer holiday but shrewd fund manager Roger Whiteoak has gone one better and invested in a company whose stock is as hot as its holiday destinations, writes Patrick Sherwen.
Whiteoak runs the new (Framlington UK Smllr Cos Acc) unit trust, launched in April. He joined Framlington from Rathbone Unit Trust Managers where he worked with Hugh Priestley, the respected manager of the company’s top performing (Rathbone Smaller Cos) unit trust.
Whiteoak’s performance speaks for itself. Over three years he ranks fourth out of 44 managers in the UK Smaller Companies sector of the Citywire Funds Insider™ database, a fund manager ranking system exclusive to Citywire. He has turned in average monthly growth of 1.89% against 0.92% for the sector.
Like Ashton Bradbury of Old Mutual, who appeared in this column a couple of weeks ago, Whiteoak is at the stage where he must construct a new portfolio for the Framlington fund and Citywire has been digging around to find out what he has been buying.
This fresh start gives Whiteoak the chance to choose stocks more freely since he does not have the burden of an unwieldy portfolio to deal with. This is important for a smaller companies fund manager since they are frequently pushed into stock decisions by having to buy stock to use the money available in the portfolio.
One such unfettered investment Whiteoak has made recently is in Holidaybreak (HBR), a hotly tipped £200 million FTSE Small Cap company, which specialises in short breaks and adventure and camping holidays.
Whiteoak bought 25,000 shares in Holidaybreak at the start of last month when the share price was about the same as it is now – 432p. This is not a large bet for him – only 0.05% of the company – but his interest is worth noting and Citywire's shrewd team will keep an eye out to see if he builds his secret stake now the price is back to his buying level. ...'|
Holidaybreak share price data is direct from the London Stock Exchange