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Share Name Share Symbol Market Type Share ISIN Share Description
Hostelworld Group Plc LSE:HSW London Ordinary Share GB00BYYN4225 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.30 2.17% 61.30 60.10 61.20 61.30 61.30 61.30 60,218 12:02:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 68.3 2.5 7.4 7.7 70

Hostelworld Share Discussion Threads

Showing 676 to 698 of 775 messages
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
DateSubjectAuthorDiscuss
04/3/2020
15:02
One thing is for sure: if the coronavirus situation would end tomorrow, the stock would be ripe for a huge re-rating. Everybody is waiting for the panic to subside, afterwards there will be panic buying instead. Importantly: listen to today's confcall and/or go through the presentation on the website; there is important detail there, in particular the revenue/ebitda ambition for 2022 and the strong will to do accretive acquisitions soon.
thomshrike
04/3/2020
14:20
Must be time to buy a few if Peel Hunt are downgrading. Nibbled a speculative few looking for an oversold bounce. Stock has been absolutely clobbered and is grossly oversold. Someone has picked up 1.4m at 94p. Seeing a fair few stocks getting bought on coronavirus caution and warnings too. It is mostly because they have priced in too much fear. It is not the end of the world, the death rate isn't a million miles off a severe flu, and even with short term earnings downgrades, stocks are looking more and more appealing as the fear grows.
sphere25
04/3/2020
11:43
Peel Hunt Reduce current 93.90 new target 75.00 Downgrades https://investing.thisismoney.co.uk/broker-views/
pugugly
04/3/2020
08:09
As expected
nw99
04/3/2020
07:52
Main points on a first glance: - 2019 ebitda in line. But bookings growth of +1% in Q4, which bodes well for management credibility - they had guided for growth to come some time in 2020. - expected coronavirus impact of 3-4m in ebitda in Q1. I would say the impact on the first impacted quarter is higher than in subsequent quarters due to the timing of cancellations. If you see it as a 2020 one-off, an incremental decline of, say, 10m GBP in ebitda during 2020 compares to a 50m loss in market cap since the beginning of the virus situation. To me, this looks overdone. But a re-rating will probably only take place when there is a clearer view about the stabilisation of the virus situation. - dividend was cut. Expected. - 2 acquisitions. I do not see the size, hence I assume they are small. More details on a presentation to investors at 9am.
thomshrike
04/3/2020
07:45
As expected I guess. Sat next to someone at Stamford Bridge last night who has 7 hotels in London. He said March bookings are down 20% and from April onwards bookings are down 40%. Have to quantify the short term hit (3-6 months) versus the medium term opportunity. Clear that they had steadied the ship prior to Covid 19 appearing. The major plus is their cash balance, meaning they can ride this out.
elsa7878
04/3/2020
07:31
Operational & Financial Highlights -- While full year net revenue of EUR80.7m declined 2% (2018: -5%), H2 net revenue of EUR41.8m increased 6% (H1 2019: -9%) -- Full year Hostelworld brand net bookings declined by 5% (2018: -1%), with a return to net bookings volume growth during H2 2019 -1% (H1 2019: -8%), driven by Q4 2019 +1% -- Average Net Booking Value of ("ABV") EUR11.97 (2018: EUR11.64), a 3% increase over 2018 -- Cancellations of EUR9.3m (2018: EUR5.5m) in-line with expectations, year-over-year increase reflects full year impact of July 2018 global roll-out -- Operating costs were flat compared to 2018, (excluding impact of exceptional costs and IFRS 16), despite our investment in "Roadmap for Growth" initiatives and having delivered a return to growth in the latter part of H2 2019 -- Marketing costs increased to 41% of net revenue (excluding deferred revenue), (2018: 37%) driven by the full year impact of cancellations in 2019, CPC inflation and increased paid channel investment in H2 2019 -- Adjusted EBITDA of EUR20.5m (2018: EUR22.5m) in-line with market expectations, down 9% on 2018 and 11% on a constant currency basis -- Return on Capital Employed of 11% (2018: 13%) -- Adjusted Earnings per Share of 15.5 EUR cent (2018: 18.2 EUR cent) -- Adjusted cash conversion of 53% (2018: 101%) and free cash flow of EUR10.9m (2018: EUR22.8m), impacted by one-off timing of cash receipts and increased investment spend. Adjusting for these one-off items, and the impact of the deferral of the revenue related to free cancellation bookings, normalised cash of 64% (2018: 90%) -- Proposed final dividend of 2.1 EUR cent per share (2018: 9.0 EUR cent), full year dividend 6.3 EUR cent per share 2018: 13.8 EUR cent per share) and a total distribution of 41% of Adjusted PAT, in line with the updated Group dividend policy Gary Morrison, Chief Executive Officer, commented: "Following the group's return to growth in 2019, I see significant opportunities to build a broader catalogue of experiential travel products beyond hostel accommodation. These types of experiences may include opportunities to study, work or volunteer abroad, with hostel stays featuring as part of an extended itinerary. Our research would also suggest that this market is very fragmented, with many different marketplaces and business models. With the group's deep knowledge of experiential travellers built up over 20 years, our trusted brand, and a loyal and relevant customer base, I believe we are uniquely positioned to help both our existing customers and new experiential travellers Meet the World (R) together with other like-minded travellers. To execute this strategy, the Group has increased its focus on potential M&A opportunities in the past six months and built an extensive pipeline of potential targets. Overall, the Group sees significant potential for the further deployment of capital to enhance future growth through both organic and inorganic investment opportunities. As a result, the Board has taken the decision to rebase the dividend policy. A rebased progressive dividend with a pay-out of between 20-40% of Adjusted Profit After Tax will enable investment in organic and inorganic opportunities which should see shareholder return increase in the medium to long term." Outlook: While we entered 2020 with positive momentum, trading since late-January has been challenged by the outbreak of the COVID-19 virus which is having a significant impact on global travel demand, within Asian markets and more recently within the European market. As the Coronavirus has spread from region to region, we have observed a material reduction in bookings and an increase in marketing cost as a percentage of net revenue. This has been driven by a significant reduction of bookings from free channels, an increase in longer lead time cancellations across all channels and an increase in investment in paid channels to partially offset the bookings decline in free channels. Given that the depth and duration of the virus outbreak is impossible to forecast at this time, we are unable to calibrate its effect for the balance of the year; however, if near term trends were to persist to the end of March we estimate the impact to EBITDA to be in the range EUR3m to EUR4m for Q1'20. With continued tight cost control and our strong cash generative characteristics, the Group remains resilient in volatile market conditions.
masurenguy
29/2/2020
09:57
True, bookbroker. HSW has the balance sheet and the business model to endure the virus-related bookings downturn for a very long time.
thomshrike
29/2/2020
08:26
SSTY in a similar position, probably more vulnerable as guests generally cooped up in dormitories, it may be curtains for them, at least this is simply a platform!
bookbroker
28/2/2020
14:53
Thanks john09. And I agree: after a brief spike down, the stock is back to the share price before the announcement. It was already priced in. I expect a similar reaction for HSW on Tuesday (but on this case we will also get an update on the strategic plan, which could be a positive trigger).
thomshrike
28/2/2020
14:40
70p on next warning
onjohn
28/2/2020
14:33
On the beach have just issued a profits warning. Sp not budged already priced in
john09
27/2/2020
12:16
edreamsodigeo, a HSW peer, posted Q numbers today. Their geographical split is very similar to HSW's. They provide an interesting table showing the yoy bookings drop on the period Feb22-Feb25: -12%. If Hostelworld shows a similar pattern, and if the epidemic wears out at some point later in the year, and taking into account my previous calculations of the ST impact in earnings, I would expect HSW's share price to recover very significantly by then.
thomshrike
26/2/2020
19:42
U just do not get it, u and barking, think of the brand, that is where the value is, forget the business.
bookbroker
26/2/2020
19:23
0 0 0 Can't believe this hasn't fallen another 50% So much hope value built in here. Price is almost saying they will have a vaccine for everyone by the end of the spring. Sheer delusional. There won't be a vaccine for at 12-18 months. Bookings will take 2 years to return to normal. Fantastic shorting opportunity for some lucky people!
onjohn
26/2/2020
09:39
lots of cancellations will need to get funded
abarclay
26/2/2020
09:39
lots of cancellations will need to get funded
abarclay
26/2/2020
09:37
when FCO office says no travel this will crater
abarclay
26/2/2020
08:26
Abarclay - back up ur argument muttonhead?
bookbroker
26/2/2020
08:25
Thank you Masurenguy. A couple of comments: (i) that Peel Hunt analyst is very senior; (ii) he downgraded the stock from Buy to Add after the H1 numbers presentation in August last year (i.e. he was right). My point is that it is good to read such a view from a seasoned unbiased analyst.
thomshrike
26/2/2020
08:14
Peel Hunt: Hostelworld weakness a potential opportunity Citywire: 26 February 2020 Weakness in Hostelworld (HSW) shares caused by the coronavirus could be a buying opportunity if the travel platform can convince markets its strategic actions are working, says Peel Hunt. Analyst Ivor Jones retained his ‘add’ recommendation and target price of 165p on the shares, which fell 6.4% to 111.8p yesterday. "The share price decline implies that next week’s results will refer to coronavirus undermining current trading. However, the group has a solid balance sheet and, if management can demonstrate that its strategic actions have addressed the competitive weakness of the group, then the current share price weakness will be seen as a buying opportunity." said Jones
masurenguy
26/2/2020
08:10
This is getting pretty bad Can see it go under 80p when it warns
abarclay
26/2/2020
07:20
It’s about leverage, this company’s business model is fairly simple, whilst not immune and it’s inevitable that their profits for this year are likely a write-off, one has to hope that they can mitigate this with stringent cost control, damage limitation to the long term viability of the company. Cash is the key and this company has it, the key will be recovery, it may change the travellers psyche forever though! People have taken advantage of low-cost travel in this age, that will change , discount airlines will have to change their business model. Cruise ships will be hardest hit, people cooped up in a confined area, any virus just rips through the ship!
bookbroker
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