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Why is SP languishing OTB whilst rest of FTSE is roaring?
< 10 days to go to TU
Why adjusted profits are so much higher than statutory? What are the intangible assets that they amortize? Is it a strategy to save on tax?
What is the point to give Gross Profit before Marketing? That is a real cost for running the business and it is very recurrent.
OTB does a bit of work to embellish its financial statements even if it doesn't need to.
Re -added ahead of the 14th seems like a run to 170p is coming again.
This is like watching paint dry or waiting for a bus...
Whilst 120p is possible in this market, 200p is more likely imo. Providing results are good next month, it's probably only going 1 way. It's historically cheap right now, and profit and revenue are just continuing their trend back up following the Covid blip so I don't think they will drop again, unless inflation spikes. Lots of variables but this looks a v good bet at the current price.
Results next month. EasyJet figures ok and provided no WW3 we could see some move towards£2.
Share price holding up well considering everything going on. Inflation falling so more cash for holidays. Net cash and good cash flow...so where's the 120p coming from Alessandro? Keep munching the crayons, it must work for you.
The holidaying frenzy will eventually subside/normalize.
It is premature to wish for 200p per share. I don't have a crystal ball but that's my guess at the moment.
Donkeyeeyore not at all, I hope it goes down to 120p for a good entry point, and get out at 160p.
In the current market 120p is totally possible
All stop orders been taken out before EZJ trading update next week??????? If EZJ TU is good, OTC will go on a run, ,,, Hopefully!!!!
Alessandro, 120p starting to look a bit distant now?
Alessandro, from your posts I suspect that you are a trader rather than an investor. What don't you like about the figures? Made up with Ryan Air, labour government incoming spend spend spend, what's not to like...happy days ahead.
Alessandro, on what basis do you think the shares are overvalued here? They are on a forecast PE ratio of 11.5 (which it seems they will definitely achieve) and a 2 year PE of 9.9. They currently have around £71m net cash and this will likely rise to around £91m this year, which effectively reduces the PE ratio by a third. In my opinion this is certainly not overvalued and bar any unexpected issues in the next year, it's hard to see this being under £2 which is still way under it's historical average. I can't see how you think this is possibly overvalued in relation to the rest of the market?
Donkeyeeyore from an insider you'd expect much larger purchases, you'd even remortgage your home if you knew as a certainty that the future was going to be bright. I wouldn't speculate too much on such small buys.
OTB has been overvalued for a very long time. It is worth buy more if (and possibly) drops further. It will spark my interest below 120p.
Good to see the Chairman and Secretary loading up their ISAs with OTB.
Happy days ahead methinks.
Good to see the Chairman and Secretary loading up their ISAs with OTB.
Happy days ahead methinks.
£2 incoming for this cash cow in a buoyant market sector.
Its good enough for me.
Definitely and underrated stock.
Today's movement good enough for you Alessandro?
OTB stuck around 145 for far too long. Why there is no upward or downward trend, or at least some volatility to take advantage of?
Always good to hear balance Alas...and don't worry if it comes across as deramping - it doesn't seem to have affected the share price.
Good luck with your switches.
Wherever I can, I try and be balanced in my commentary. my decision to sell was not just to lock in the profits from previous purchase points but also that I neither like Ryanair as a company or the managers of that company - aggressive and slippery to the extent that I do not trust the company. Partnership with OTB therefore does not fit well as far as I am concerned.
I do own shares in EZJ which is very much aligned to short haul. I have been tempted to buy shares in Jet2 but have resisted as the fleet mainly comprises Boeing 737's and Boeing has a terrible reputation at the moment and seems to be getting worse by the week. My caution to shareholders now is not with OTD (as I think it is a fine company) but with Ryanair and its reliance on Boeing. I can see an awful summer if Boeing is grounded and has a knock on effect on small carriers that cannot replace their aging fleet.
Sorry if this smacks of de-ramping. It is this most recent decision which I find troubling. Oh, and I placed the proceeds on GROW and RFX
What's going on? this is actually going UP!! :-)
Adding at 120p
The Ryanair spike provided a trim 162 and an add at 143p - what a star OTB is.