On The Beach Share Discussion Threads

[blazerboy1] 14/5/2024 07:31

Usual treeshake hold the line

[johndoe23] 14/5/2024 07:30

Support at 145p maybe

[kibes] 14/5/2024 07:29

All of yesterday's gain is gone. All those people who have set 'stop losses' are certain to see them taken out as panic sets in for absolutely no reason.

[gripfit] 14/5/2024 07:20

Share price isn’t ‘ booking genius’㊃5;🤣

[weemonkey] 14/5/2024 07:10

Day traders from yesterday selling into strong open today.

nothing detrimental in the results and good prospects.

Good results and a nice price at the open

what is not to like.

[highlands] 14/5/2024 07:04

Buy the rumours and sell the news.They will move up after the news is properly digested over the next few days.

[adamb1978] 14/5/2024 07:02

Not much to dislike in those figures. Even the value end is up marginally and that's where the pricing pressures wereThink this should trade on a mid teens multiple and as a base case could get to 18-20p EPS for its Sept-26 year, so perhaps 270p-300p in just over 2 years.

[undervaluedassets] 14/5/2024 06:50

And now have mutually beneficial relationship with Ryanair as opposed to oppositional one as formerly

[boonkoh] 14/5/2024 06:41

Agreed Adam. Key numbers to look at is the forward summer TTV which is +22% YoY, and the customer trust account which is at 196m vs 109m YoY.Huge amount of litigation exceptional cost in H1 (almost 3m) will now be significantly lower going forwards, due to conclusion of Ryanair agreement.

[adamb1978] 14/5/2024 06:36

alotto - not sure whether that's a serious post but you're ignoring the seasonality. Last year they made over 100% of the year's profits in H2 given the nature of a holiday business

[alotto] 14/5/2024 06:27

£8 millions EBITDA on adjusted basis? With a market cap of £300mln? If you look at statutory figure administive expenses were higher than gross profits. I don't see much upside for today. I hope I wrong.

[blueball] 14/5/2024 06:22

Should open 180p.

[adamb1978] 14/5/2024 06:14

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 06:13

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 06:04

decent interims

With the summer to come.

Outlook statements and forward bookings all positive.

lots to look forward to here

[blueball] 13/5/2024 19:20

My guess up 20%..

[hamhamham1] 13/5/2024 18:19

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

[adamb1978] 13/5/2024 16:10

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 15:22

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

[jm65] 13/5/2024 15:20

What now?
Get out or hang on for tomorrow?

[aishah] 13/5/2024 14:35

Yep, On The Beach :-)

[jm65] 13/5/2024 14:32

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

[aishah] 13/5/2024 14:10

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