Dart Share Discussion Threads

[tongosti] 23/11/2018 14:39

Price held incredibly well from the very cheap £10 level on back of "smashing" results ...

[tsmith2] 23/11/2018 09:05

a bit silly, little piddly sells to keep it down

[tsmith2] 23/11/2018 08:10

looking good, momentum...

[castleford tiger] 23/11/2018 07:30

oh dear Lord what a pathetic thing you are.

Tiger

[snorkelparker] 23/11/2018 02:54

Marshall Wace closed some /all shorts, well at least below the reporting threshold is .5%..

[tsmith2] 22/11/2018 15:00

Hit and bouncing up off support line, looking v good

[tsmith2] 22/11/2018 12:39

hopefully uptick in volume this afternoon

[minky] 22/11/2018 12:24

Dart has the ability to become the biggest tour operator out of the UK.

[wagnerlove] 22/11/2018 12:19

Eveything you say shows how limited your understanding is, and how Wikipedia is dangerous for the wealth of dimwits sat in their pants. Why would Buffett, who previously said airlines had no moat, suddenly make them some of his biggest investments? Has he suddenly gone mad? No. Its because the US airline sector has undergone radical changes over last decade. Sector massivly consolidated through mergers, prices went up and operating margins went from negative to over 10%. Shares all surged. Dart is huge disruptor in UK holiday sector, references to airlines misses what is actually going on. Tong, some advice mate. Take a long look in the mirror, and accept that you have a gambling problem. Then go back to school and educate yourself before you lose even more money spread betting on things you have no understanding of.

[woozle1] 22/11/2018 12:10

Good job that Meeson can call on such sage advice from one of the three amigos!

[tongosti] 22/11/2018 12:06

101"When rookies run out of arguments, they stop focusing on content but rather start twisting one's words"The only "label" I gave to WB was the great man gave in to temptation. Better focus (but you can't as it is beyond your capabilities) on his logic on airlines (and implications for the much sought after "moat") which is 100% solid. PS. And yes - it is about time to go out for a spot of tennis. Thank you for the reminder wannabe "accountant"

[wagnerlove] 22/11/2018 11:56

So Tongo sat at home in his pants, dribbling over wikipedia and Yahoo finance, is smarter than Meeson, Terry Smith's COO, and Buffett (who is now a muppet apparently for having bought up airlines, according to Tong). Short away, sweetheart. You have a massive analytical edge. Literaly noone else has ever, ever stopped to think that Dart is an airline, and that airlines are in a tough industry. Quick! Call up Meeson and warn him he owns £450m of shares in an airline! Old dog clearly hasnt realised, he needs to get out as soon as possible!

[tongosti] 22/11/2018 11:41

101 on moatsCommoditised business = one that can compete on price and price only(buffet's words not mine). Hence (for a v good reason) WB has avoided all airlines for most of his life (until two years back when even the great man gave in to temptation because he has not outperformed the market for more than a decade now).

[wagnerlove] 22/11/2018 11:21

Dart is "an airline with zero moat"? No FCF? That is what makes a market. Happy to take the other side of this bet all day long, especially at the odds the market is offering me. Over half of revenues come from holidays, far better biz than low cost airline. Company is gushing cash flow, ROICs are huge. Management are razor sharp. Sadly Tong you can't get involved as you blew your dole money punting short at 550p. Please Tong, get short again. Set fire to your last tenner.

[tongosti] 22/11/2018 10:58

ah my word.

fcf margins = fcf/revenue

apple's fcf mergins (mind you this is a key metric of profitability not a valuation one) over the last 11 years:

2018 24%
2017 23%
2016 25%
2015 30%
2014 27%
2013 27%
2012 27%
2011 31%
2010 25%
2009 21%
2008 23%
2007 19%


Since so many Buffetters surf this board, one should know that Apple has proved to have had a unique "MOAT" so far. Airliners on the other hand have zero moat and they are commoditised business. Price competition is the name of the game (aka no durable comp advantage).Fact not fiction.

DTG FCF margins at 24%? APPLE - beware!

One is forgiven for laughing out LOUD.

[wagnerlove] 22/11/2018 10:49

PS: regarding all the references to Terry Smith, you are aware that Mark Laurence, Smith's COO at Fundsmith, sits on the Dart board and owns shares? Guess he knows nothing compared to Tongo the great.

[wagnerlove] 22/11/2018 10:40

Tongo, you are embarrassing yourself again. Every time you write you reveal how you don't even have the most basic understanding of the concepts you reference. FCF yield is simply function of current valuation, nothing to do with what sector the company is in. Your thinking is completely back to front. Anyway, bingo boy, I'm not here to convince you. Very happy to sit back and own this as you wallow in your own ignorance. The numbers don't lie - you have been utterly, catastrophically wrong about this stock. This company has increased operating profits by 28% compounded a year over five years. Revenues have doubled over this period. Share price has risen almost 4X. It has bought over £1bn worth of planes but sits with net cash. Meeson owns 38% and has grown value of his holding from sub £10m to £450m in a decade. You blew up shorting it at 550p. These are facts. The most dangerous fool is the one who knows nothing but is convinced he is a genius. Luckily the only danger you pose is to your own finances.

[tongosti] 22/11/2018 09:43

Apple avg FCF yield over the last 10 years has averaged about ... 20%!Think about it - APPLE!

[tongosti] 22/11/2018 09:36

Also - fake (I would have never thought I would have borrowed any word from the Don but it seems appropriate for once) accountants try to convince you prospective fcf yield stands at 25% !!!If you know your history you should know that even a miraculous company like google or amazon (with ground breaking products I might say) do not necessarily sport such numbers. Some rookie accountant here has found an ...brrr... airliner that does just that! Look at historical fcf margins in the Arline business (and DTG) to see what pie in the sky you are seeing wanna be Terry S.

[tongosti] 22/11/2018 09:26

You're part of the fan club genius so you have you detailed maths contained in the link I sent you (some other genius dismisses public info as "useless") but you don't want to see. Ps. For someone being a "fundamentalist" you watch the share price like a hawk daily. Really confident you are in your long term analytical abilities aren't you?