Overall not tooo bad, much better than when i just read the rns , as i say it was the Q&A that was more enlightening , Mmmm! my notes ?............. : kigvkgihvlhdav lklbad vjbco ojohvchs HCIKAHCH hakdfl ijlvl icsi cjhjv ppfiiojos ikaskc kk hbgasv ifj ijjjjdf profits ...... lol ! .............. when i am off of kindle later will try and add more :-)
If I was grading the update it'd get a "B".. not what I'd hoped for.. but some glimmers of hope in there..
I am just getting fed up with the excuses.. Egypt.. I mean come on.. you've had 2 years to realign the biz for that factor.. what on earth are they thinking at HQ?? they sorted the airlines to refocus away form egypt.. why not trhe holiday offerings.. madness.. that really rubbed me up the wrong way..
ok so for me, -ves: Egypt excuse.. Little mention of French biz which scares me a little.. brushed over this a bit a quicly for my liking the update is thinner than has been int he past.. makes me wonder are they holding back for interims or got things to hide. not liking the increased proprotion of short term breaks.. which appear to be less profitable albeit margin is good..
+ves Uk, scanidnavian and German biz continues to imrpove.. on track with cost outs contiued growth in concept hotel bookings etyc.. shudl help margins
overall.. Im inclined not to buy anymore for a bit.. keep my 2/3rds exposure, not putting the 1/3rd I sold back in.. going to keep that in Blinkx.. which is starting to reover.. but.. as that mov sinto profit for me(fingers crossed) depending on outlook, may moves some of it back to TCG before May update...
I have then decided, and may change of course, that I will sell all of TCg after May results.. Im not prpeared to ride summer at full expsoure, given 1. toppiness in mkts, 2. ukrain/russia risks ongoing.. and 3. Im greedy and want to get a few more on the next likely dip over summer.. before we approahc end of year and get closer to dividend time.. looks like HG has got more of a struggle on her hands in meeting the margin and profitability taregts, and web penetration targets they have set.. so Im not convinced early 2015 will be divi time.. might be mroe likely mid -late 2015, and more likely they'll hit management taregts in 2016.. bit late.. so
I don't think £2.80 and FTSE100 inclusionis likely now until end of next year.. sux as had hoped for early neaxt year, maybe by May.. but I just can't see 50% increase happening until profits are materially higher form where they are now prejected to be for 2014
It was worth listening in to mate, the brokers , Morgan Stanley , Nomurra, HSBC etc were the ones asking the questions and she came across pretty well, obviously more meat on the bones in May , but confident on profits going forward , did try to make some notes as it was going on, looking back now, its like a load of scribble, will try and decipher a bit lol !
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.