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Looking like a plan
Me too, been adding from 215p up this week, looks a great opportunity, think we will see 300p this year..;-)
No discernable reason as the company is turning around and airports are packed. Using it as a welcome opportunity to top up as I had reduced in May over 270p and had few left.
May take a budget hit tomorrow and if so adding.
IAG price has been struggling but its not completely comparable as they have a very different operating model. The key KPI would be passenger numbers/volume, which Ryan and Wizz Air reported today as strongly positive in February.
Airline shares down?
Does anyone understand the reason for the poor performance compared to the market over the past few week, and again today? It seems very odd but I'm not sure I have have missed some news. Its a 7.5%+ drop in under 2 weeks.
Certainly building a head of steam.....she's gonna blow soon....;-)
Already bottomed at a higher st low and moving up towards 240.
Screaming £3+ all day long for this cash cow.
Some day folks will realise that and be chasing it up.
HTH - for the Gold.
Surely time to load up here at 225p is it, will look very cheap by year end imo..
Seems there are still shorters around, can't believe the SP is falling...??
Need to see the end of striking rail workers and this could really fly.
They should do....chart on the verge of a huge breakout now....;-)
Group performance
The new financial year has started well with Group sales in the first quarter of £788m, up 21.2% on last year on a constant currency basis. Like-for-like sales growth of 14.3% reflected the further recovery of passenger numbers as well as the strength of our customer proposition and operational execution. Net contract gains of 6.9% were in line with expectations, as we mobilise our extensive secured pipeline, and include a contribution from acquisitions of 2.2%. Since the close of the first quarter, we have continued to see good trading momentum, notwithstanding the impact from industrial action which is expected to persist in both Continental Europe and the UK throughout the second quarter.
Will GLP close out?!
Looks on track for a cracking 2024, 300p plus soon....;-)
Ridiculously good results. SP should be 270p plus and perhaps £3 by the next set of results!
And goes ex div next Thurs, although I know for not a huge %age of SP
30 January 2024
Annual General Meeting and Q1 trading update
Background
Strengths
The earnings growth currently anticipated by analysts for the coming years is particularly strong.
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
The company sustains low margins.
The group shows a rather high level of debt in proportion to its EBITDA.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
Look what has happened to Bodycote share price today when they announced share buy back. C'mon SSP, your turn
Maybe not, support at 220p, could bounce off that?
Looks like may be heading back to 200p first?
Nice dip today, a great area to reload again.
£3 at some point soon
ORR report out and they have shot themselves in the foot, complaining of prices being 10% higher than elsewhere. 14% of retail sales going in rent to rail network/stations. The average across UK is about 7%. So large % of higher price is being paid to network rail/stations in rent, not being taken by retailers as profit.
If they were to try to force prices down, rents would decline with even less for rail network/stations, and demand for higher subsidies to compensate, or higher rail ticket prices.
Typos corrected:
With the bull run that's currently forming, and is about to get them running legs going imminently, I think we'll observe how the closing of this short will help lift the SP (as this short, and other smaller ones not required to be reported are bound to be open too, has acted to hold SP down slightly up until now).