Dart Share Discussion Threads

[woozle1] 22/11/2018 08:52

wagnerlove, you waste your time with these bozos and best filter them. You will find mind space for more fruitful activities like contemplation and thought. I got long IG recently and I think here I benefit from the profound stupidity and ignorance of the three amigos, who are trading on the basis of price action in the last 30 seconds. And by the way, if you are interested - and I'm not ramping - in stocks with massive free cash yields, check out ScS Group.
w1

[tsmith2] 22/11/2018 08:35

I can across this in another set of statements I was reading a couple of mins ago.Free cash flow is defined as cash generated from operations less capital expenditure and excluding cash adjusted itemsCan you let us have the maths pls

[wagnerlove] 21/11/2018 16:52

"based on OAG data, it overtook TUI Airways in terms of one-way seats being flown, making the Leeds-based carrier the UK’s biggest leisure operator"

[fokker45] 21/11/2018 16:41

An interesting article on Anna Aero, Jet2 set to overtake Flybe next year and become 4th largest UK carrier (by passengers carried), growth in seats of 12pc for 2019, STN will become largest operation, and BHX has highest growth in 2019:

hxxps://www.anna.aero/2018/11/19/jet2-com-to-grow-12-in-s19-birmingham-to-be-fastest-growing-base

[tsmith2] 21/11/2018 16:40

good finish into close. momentum on good volume tomorrow would be v encouraging

[tsmith2] 21/11/2018 16:05

Pls do carry on, you are somehow helping the share price I'll take that

[tongosti] 21/11/2018 16:01

Ah dear - the story line has changed now from having no counter arguments to irrefutable numbers to childish word games. Stinks of insecurity. Big time. Tsmith- good luck asking advice from such knowledgeable "accountants"

[wagnerlove] 21/11/2018 15:50

Tong, give it up mate. You are embarrasing yourself. Even even presented with incontrovertible evidence that you have no clue about what you are talking about you keep it up. Can you do basic maths? Talk all your wikipedia trading cliches all you want, but if you start talking about FCF please learn what it is.

[tongosti] 21/11/2018 15:27

Yawning and investing are def correlated. Negatively though. With fcf in 7 figures and company value currently at 10 figures you've got a "smashing" investment

[wagnerlove] 21/11/2018 14:59

Back to school for Tong. FCF is operating cash flow minus capex. What is DTG's operating cash flow? What is its capex? Cash flow from operations in H1 was £423.8m. Capex was £132m. That is FCF of £291.8m, or a FCF yield of 24% on today's market cap of £1200m!!! If you are going to have an opinion please at least have a basic understanding of what you are talking about.

[tongosti] 21/11/2018 14:41

FCF (not PÉ) yield holds the key for businesses inviting debt in their capital structures. As discussed several days back, on this metric DTG really lags behind. Big time.

[woozle1] 21/11/2018 14:23

In the world of the 3 imbecile amigos that's expensive
w1

[joe king1] 21/11/2018 13:50

Cyber wannabe accountants on this page. So funny.

All you need to know is.....

A PROFIT WARNING has been issued.

Mounting Debt and losing flights to competitors.


100p cometh

[tsmith2] 21/11/2018 13:49

Around p/e of 5on eps £1

[tsmith2] 21/11/2018 13:46

New loans totalling GBP132.7m (2017: GBP109.0m) were drawn down, as the Group secured commercial debt funding for the purchase of its new aircraft. As a result, the Group's cash and money market deposit balances increased in the first half by GBP389.0m (2017: GBP242.1m) to GBP1,397.6m (2017: GBP931.1m), which included advance payments from Leisure Travel customers of GBP520.7m (2017: GBP376.8m) in respect of their future flights and holidays. Net cash, stated after borrowings of GBP937.4m (2017: GBP574.2m), was GBP460.2m (2017: GBP356.9m), an increase of 29%.And growing...

[tsmith2] 21/11/2018 13:44

yes I know!!

[woozle1] 21/11/2018 13:42

Yes, you have to net off those liabilities, as well as the debt.
w1

[tsmith2] 21/11/2018 13:29

Net cash...

[woozle1] 21/11/2018 13:28

You have to be careful with that cash because lots of it is advanced payments for holidays and does not belong to them.
w1

[tsmith2] 21/11/2018 13:19

What sort of ex-cash multiple does this trade on?Bonkers valuation