Hostelworld Share Discussion Threads

[onjohn] 15/4/2020 09:43

16p the new 60p soon

[john09] 15/4/2020 08:42

Time for this to make new lows i think. Amazed its 60p

[bookbroker] 15/4/2020 08:22

This company does not own property John Thomas, it is a booking platform, if you are worrying about bunks in a room, better close every boarding school in the country that has dormitories, and release every prisoner in a shared cell, for that matter Airbnb will not have a business, no more tube train journeys, rail journeys. In fact, lets just stay away from each other indefinitely, no sports tournament, concerts ever again!

[onjohn] 15/4/2020 07:51

6 to a room in bunks works perfectly well with social distancing rules

guffaw

[thomshrike] 03/4/2020 07:19

Hi Masurenguy, pls see my comment above. He has an interesting cv.

[masurenguy] 03/4/2020 07:05

NXD bought 20,000.

[thomshrike] 02/4/2020 11:53

Chairman bought 45k shares. First purchase in a looooong time.

[thomshrike] 02/4/2020 08:45

First time in a long time I see a board member buying shares of Hostelworld, albeit a small amount (20k shares).
The buyer, Carl Shepherd, was one of the founders of HomeAway, the peer of Airbnb that was sold to Expedia in 2015 and was renamed as Vrbo.

[beerboy2] 29/3/2020 15:56

At the end of this pandemic I can see the share price flying, this type of accommodation appeals to young people who by nature worry a lot less and who are probably planning or have put on hold their travelling plans. As soon as the flights become available were be back, on and upward IMO

[masurenguy] 27/3/2020 13:00

Quite agree - rehabilitation or takeover, once the current crisis has passed !

[elsa7878] 26/3/2020 12:03

Something as simple as our bookings are down x% for the next quarter would have been insightful.

[thomshrike] 26/3/2020 11:42

Hi elsa7878, I understand your point, but I would say the following:

- in the current environment I see very few companies (none?) venturing to give away any calendar year 2020 guidance. We are in uncharted territory, hence your model is as good as mine (and most likely both will be proven wrong). There are so many variables in play in terms of revenue forecasting, most of them out of company control. I believe that the company sensibly chose to put emphasis on the possible actions it can implement in order to reduce cost and save cash.

- for what I understood the company is giving users the *option* to get credits, as opposed to forcing them to convert their cash.

[elsa7878] 26/3/2020 11:30

Don't think that I am not aware of the opportunity for investors once this is over, but would have appreciated more hard figures to give us some sense of what might be left in the coffers when this is over. How about modelling and extrapolating today's booking figures a year out. What does the BS look like then. Sure they would have done it. So why not tell us. Giving credits and not refunds is not exactly a great sign (though sensible from a business perspective)and will hardly enamour them with their customers.

[thomshrike] 26/3/2020 10:23

Well said Masurenguy.
A couple of additional points from me:
- even those travel & leisure companies that have been forced to raise equity this week rallied sharply from the lows. See SSPG LN and ARE LN.
- Airbnb's comments that I mentioned above should remind you that larger well-financed companies will not stand still and might pull the trigger while reasoning how much cash those targets could generate already in 2021.

[masurenguy] 26/3/2020 09:05

"No movement in the share price as nobody has a clue what the implications are."

Well you can make the same comments about 90% of listed stocks. We are in an unprecedented situation and nobody knows how long the lock down will last and what the subsequent damage and implications will be for many companies. The most comforting situations are those who have plenty of cash on their balance sheet, operate predominantly online and can exercise considerable control over their cost structure in the short term.

[elsa7878] 26/3/2020 08:36

Absolutely no information on how much bookings are down. A 5 million euro hit in Q1 when the first 2 months were relatively OK but how with that translate into Q2 when bookings will be (minimal?). How fast can they reduce variable costs. Do they commit days / weeks /months in advance. If bookings remain at present levels or even deteriorate further what will the hit be to EDITDA going forward? Useless update with no modelling info for investors. No movement in the share price as nobody has a clue what the implications are.

[onjohn] 26/3/2020 08:27

Another 1500 cases in the U.K., starting to trend like Italy

[bookbroker] 26/3/2020 08:19

We do see sweetie, it is just that pretty every other company bar supermarkets and hairdressers are in the same boat, so spoilt for choice, you see that investors are now so punch drunk with declines they are not paying any attention to trading statements, it is all about whether a company can survive this decline! Ultimate winners and losers!

[nw99] 26/3/2020 07:40

Come back end of summer to revisit this off my watchlist now

[john09] 26/3/2020 07:33

It’s not going to make any revenue this year i dont know why people dont see that

[nw99] 26/3/2020 07:32

Not good and no clear picture

[bookbroker] 26/3/2020 07:31

OK sweetie!