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OTB On The Beach Group Plc

250.50
6.50 (2.66%)
Last Updated: 14:24:10
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
On The Beach Group Plc LSE:OTB London Ordinary Share GB00BYM1K758 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  6.50 2.66% 250.50 1,018,735 14:24:10
Bid Price Offer Price High Price Low Price Open Price
250.00 251.00 251.50 243.50 245.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Travel Agencies 171.1M 10.1M 0.0605 41.24 407.45M
Last Trade Time Trade Type Trade Size Trade Price Currency
14:32:37 O 2,000 250.90 GBX

On The Beach (OTB) Latest News (2)

On The Beach (OTB) Discussions and Chat

On The Beach Forums and Chat

Date Time Title Posts
30/12/202412:24OTB - Sun, Sand and... Shares2,197

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On The Beach (OTB) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:32:38250.902,0005,018.00O
14:32:10251.0012.51O
14:29:31250.00512.50O
14:24:10250.505381,347.69AT
14:24:10250.501,3843,466.92AT

On The Beach (OTB) Top Chat Posts

Top Posts
Posted at 30/12/2024 08:20 by On The Beach Daily Update
On The Beach Group Plc is listed in the Travel Agencies sector of the London Stock Exchange with ticker OTB. The last closing price for On The Beach was 244p.
On The Beach currently has 166,989,273 shares in issue. The market capitalisation of On The Beach is £416,638,236.
On The Beach has a price to earnings ratio (PE ratio) of 41.24.
This morning OTB shares opened at 245p
Posted at 18/12/2024 12:43 by simmsc
We want the share price to go up as a a result of the buyback and they want the share price to stay low while they are buying back. Long term what matters is that the shares are taken out of the sharecount and circulation. Which will happen.
Posted at 17/12/2024 14:06 by adamb1978
Looking forward to it kicking it. The share buyback which TIG ran had a massive impact on the share price. Its difficult to assess accurately how much excess liquidity there is in a company's shares but by the time you add up insti holdings and those of management and others who would very rarely trade, the true free floats of companies of this size can be quite small
Posted at 11/12/2024 08:42 by dr biotech
Cheaper, have more flexibility on flights as they can use different airlines. Often have special lounge deals. Gives you more independence as a traveller as you generally get a taxi from the airport to your hotel. We had a week in Malta last year with OTB, think it was about 15% cheaper than jet2.

Fwiw I’ve been with Jet2 as well as Tui. Jet2 were better (of the two), but we used them when the kids were older. Tui were ok. I don’t remember seeing an OTB rep, or even knew if there was one. I don’t need them, useful for kids clubs though if you do.

I feel that City breaks would be ideal for OTB, most that go away for long weekends don’t want to faff around waiting for pickups when time is limited. So I feel expansion prospects here are better.
Posted at 10/12/2024 09:44 by 74tom
CT, you are comparing apples and oranges there. Jet2 are an airline that is subject to far more risk factors & costs than OTB.

Besides their forecast EPS growth over the next 3 years is just 7%, 4% and 9%. OTB is 25%, 19%, 26%. So on a PEG basis Jet2 is substantially more expensive. I'm also not convinced those OTB figures have been updated to include the new medium term guidance. OTB are a high growth company, Jet2 are a much more mature proposition.

I expect we'll see a little consolidation here which will allow them to commence the buyback, then the re-rate should continue as shares become more scarce.
Posted at 05/12/2024 09:33 by mrnumpty
According to the very basic information on the LSE site , which at the moment ( 9.28 am ) only goes back to 9.10 this morning , there have been eight “ sales “ of just one share each of OTB shares , with the last six of those sales being consecutive . Maybe anyone here with access to more sophisticated information than the extremely limited information on LSE can provide more information . However , you don’t have to be very cynical to wonder why anyone would go to the bother and expensive of doing something which might tend to hold the share price back .
Posted at 04/12/2024 08:11 by mrnumpty
On 16th October this year , the Canadian bank Canacord Genuity lowered its target price for OTB because it thought the company would continue to go sideways and that its plans to diversify in to new areas would not make much difference . You can find this by Googling “ OTB share price “ on the Hargreaves Lansdown site and scrolling down . On the other hand Canacord did state that OTB’s shares were very cheap . Maybe , as a shareholder in OTB I’m a lesser Numpty !!!
Posted at 03/12/2024 11:58 by 74tom
The figure I look at is net working capital, which is cash + receivables + trust account minus payables.

Over the last 5 'normal' periods (so excluding FY20 & 21) this figure has been;

FY18 - £30m
FY19 - £56.7m
FY22 - £69.5m
FY23 - £87.9m
FY24 - £119.4m

We can see that upon completion of the £25m buyback + 2.1p (£3.3m) final dividend, their pro forma net working capital will return to £91.1m, so still above the FY23 closing figure. This illustrates that the buyback is covered by less than 1 years FCF, which is quite spectacular.

However, the most notable aspect of today's RNS is the medium term guidance. If the current business can deliver this level of cash generation, then anything close to their medium term guidance of £85m in adjusted PBT will throw off bucketloads of cash. On a 6% FCF yield this would be a £1.4b market cap (£85m / 0.06), factor in the impact of continued buybacks and the share price could rise multiples.

Even if they don't reach £85m, the point is there appears to be huge margin of safety down here which could easily support a share price of £4+
Posted at 03/12/2024 08:24 by undervaluedassets
The cash excludes cash held in trust so I think It might be our cash actually. ready to stand corrected.

OTB has no dilution as it is asset-light (no planes, trains automobiles, hotels)
and, unlike so many travel companies it never went cap in hand to the market during covid, issued new shares or had to raise money in the bond market.

screaming obviosity ... the results are an all-time record. but the all-time high for the share price is around £6

long long way to go on these.

If you discount the cash the pe of this company is minute. (advn Pe is wrong for OTB by the way.)

I do not see why £ 3-6 is not a reasonable price target for this share.
Posted at 03/12/2024 08:24 by mrnumpty
On 22nd November here , Johndoe23 treated us to his / her / its expertise by stating about the OTB share price “ can’t break £ 1.62 “ . Also DiscOdave , who is a fairly prolific poster on other share chat sites , added to the gloom by claiming that OTB’s cash pile isn’t really the Company’s own money . I shall treat the ponderings of these two experts with the respect they deserve .
Posted at 26/7/2024 04:52 by mrnumpty
Today’s Telegraph has a large investment article on page 23 , in the “ Questor “ column , about Jet2 . Although the column only rates Jet2 as a “ hold “ , this is after the share has more than doubled since being originally tipped as a “ buy “ , but Questor nonetheless sees a further increase in the share price . Although Jet2’s move in to the package holiday segment is competing with OTB , most of the positive comment about the future prospects for Jet2 apply to OTB . Furthermore , whereas Jet2 carries net debt of £ 124 million ( against a mkt cap of £ 2.9 billion ) , OTB had a large cash pile .
On The Beach share price data is direct from the London Stock Exchange

On The Beach Frequently Asked Questions (FAQ)

What is the current On The Beach share price?
The current share price of On The Beach is 250.50p
How many On The Beach shares are in issue?
On The Beach has 166,989,273 shares in issue
What is the market cap of On The Beach?
The market capitalisation of On The Beach is GBP 407.45M
What is the 1 year trading range for On The Beach share price?
On The Beach has traded in the range of 128.00p to 251.50p during the past year
What is the PE ratio of On The Beach?
The price to earnings ratio of On The Beach is 41.24
What is the cash to sales ratio of On The Beach?
The cash to sales ratio of On The Beach is 2.44
What is the reporting currency for On The Beach?
On The Beach reports financial results in GBP
What is the latest annual turnover for On The Beach?
The latest annual turnover of On The Beach is GBP 171.1M
What is the latest annual profit for On The Beach?
The latest annual profit of On The Beach is GBP 10.1M
What is the registered address of On The Beach?
The registered address for On The Beach is 5 ADAIR STREET, MANCHESTER, M1 2NQ
What is the On The Beach website address?
The website address for On The Beach is www.onthebeachgroupplc.com
Which industry sector does On The Beach operate in?
On The Beach operates in the TRAVEL AGENCIES sector

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