On The Beach Share Discussion Threads

[adamb1978] 14/5/2024 07:14

Re-starting the divi important given some funds can't hold zero yield companies. Only 1.5-2% but it's a box which needed ticking and they have the balance sheet to fund it now too

[adamb1978] 14/5/2024 07:13

Need a proper read but yes look very good. I was hoping for £4m EBITDA but well in excess of that and given tje outlook comment, we're kn a good place for the full year

[undervaluedassets] 14/5/2024 07:04

decent interims

With the summer to come.

Outlook statements and forward bookings all positive.

lots to look forward to here

[blueball] 13/5/2024 20:20

My guess up 20%..

[hamhamham1] 13/5/2024 19:19

Yeah, my guess open approx +10% ???

[adamb1978] 13/5/2024 17:10

Nice move pre results, however still on a PE of <9! Pre covid this was a mid to high teens company, and even if it might be slightly different, its shouldnt be on half the multiple.

Looking forward to tomorrow morning

[kemche] 13/5/2024 16:22

Has someone had a gander at the numbers? Preposterous I know.

[jm65] 13/5/2024 16:20

What now?
Get out or hang on for tomorrow?

[aishah] 13/5/2024 15:35

Yep, On The Beach :-)

[jm65] 13/5/2024 15:32

Well that pays for this year's holiday...see what I did there :-) :-) :-)

[aishah] 13/5/2024 15:10

On a p/e of 10 and peg of 0.625 for 2024

[rimau1] 13/5/2024 15:08

Such a strong move usually bodes well pre results day.

[zam1] 11/5/2024 15:39

I bought some after recent drop good buying opportunity looking to buy more hope next weeks earnings are good should have good summer worth investing in for longer.

[its the oxman] 10/5/2024 15:36

Seems strange this has retraced so far. Should be nearer 200p

[paleje] 10/5/2024 08:28

Citywire this morning:-

The poor weather has lifted demand for holidays in the short term but Peel Hunt says there are longer-term opportunities available for OnTheBeach (OTB).

Analyst Ivor Jones reiterated his ‘buy’ recommendation and target price of 300p on the package holiday group, which shed 1.6%, or 2.4p, to 144.4p. They have declined 14% this year.

He said rain has supported holiday demand with ‘signs of seat capacity growth slightly exceeding demand’ and this should lead to upbeat interims.

‘We forecast first half 2024 Ebitda in the range of £5-£10m [but] the outturn depends on the phasing of marketing. Full-year profit is materially second half skewed,’ he said.

A new partnership with Ryanair should provide ‘long-term upside’ and OnTheBeach ‘could grow faster than before’.

‘OnTheBeach has a long-term growth opportunity – in premium, particularly, long-haul beach holidays,’ said Jones.

‘The significance of the Ryanair agreement in terms of risk reduction and growth opportunity is not yet reflected in the valuation.’

[johnkidd1] 10/5/2024 08:23

Let's also see how much compo they get from Ryan air

[adamb1978] 10/5/2024 08:16

Yes, the 145p level looks like its been support for a while and am expecting decent results on Tues given other industry participants. Think OTB is cheap, and will have excess capital this year, meaning a return to dividends which, whilst I'm not too bothered by yield, will attract some other investors in

[paleje] 10/5/2024 07:57

IAG reported Q1 results this morning, they were good as expected and the outlook including summer bookings strong.

[drattuts] 07/5/2024 12:14

Half year results next Tuesday.

[frances2] 07/5/2024 09:03

up she goes, but shhhhhhsssssssssssssushhhh

[weemonkey] 03/5/2024 11:14

This weather is a real turn-off for a British holiday. I think everyone is going to want to be on a foreign beach more than ever..

[undervaluedassets] 02/5/2024 15:37

Price is unreal.

Doing very well and have you seen the cash on the books? And I don't just mean customer cash

Company carries no inventory, (no planes, trains, automobiles and hotels to worry about or maintain). Just some very clever booking software. And a take on every transaction.

Great recovery stock going at a very nice price

[mrnumpty] 18/4/2024 07:53

EasyJet reported figures this morning and commentators on the Company’s chat sites seem very happy , especially with the new EasyJet Holidays part of the Company , which is seen as a threat to OTB , but whose success might also be taken as an indicator that OTB is doing well .