Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hi donalb,
Many thanks for sharing your thoughts.
As you mention, the update was leading into Good Friday, as of course by then, the business knows exactly how many customers they will be taking abroad etc and hence why I believe the update will be this week coming and anytime between this Tuesday and Thursday and ahead of the Good Friday date as they will certainly know numbers by then etc etc.
Actually the comparisons will favour a stronger year on year with lower numbers late March last year as Easter was later and more may well be taking holidays this weekend as we're writing this and therefore stronger year on year - the business itself of course may well compare like for like, but even if they do, believe the results will be strong anyway.
Clearly I know that it's a bit 'Peter and Paul', as any slightly weaker comparisons right now (yr on yr), will then mean slightly stronger comparisons into the start of Q3 for us, but actually 'right now', I'll take the numbers this way around and giving us an even better end to our Q2.
The really important part though, is for our SP to 'hold up' in this range and until they do announce
GLA
MikeSO2, a good St Patrick's day optimistic share price call, just some things of note re 23 Easter comparisons, that Easter market update was on the Thursday 6 April 23 before the Easter Sunday 9 April 23 & I wonder if last years later Easter might slightly change the run rates compared to this years earlier Easter. My guess is the Easter update will be more similarly dated to last year, when there is more visibility, but then who knows :-) GLA, DB
Hi all,
So very encouraged with where we finished off the week and as shared last weekend, it gives us a great springboard into early next week and when we should get an update ref Easter from Tui - should be either Tuesday or Wednesday and based on last year - and if so and at a level going into those days as per today, then it gives us a brilliant opportunity to push through that pesky £6.30 upper range level and onwards and upwards towards TERP. Additionally, if the breakthrough is particularly strong, then it could wipe out the short sellers,. which for me and I'm sure yourselves, would be even better eh.
So hoping that we stay at this sort of level by end of play Monday and let's see...........
GLA
How far off is TUI AG (ETR:TUI1) from its intrinsic value?
https://simplywall.st/stocks/de/consumer-services/etr-tui1/tui-shares/news/tui-ags-etrtui1-intrinsic-value-is-potentially-74-above-its
Hi all,
Hope you're all very well.
Just wanted to share thinking about this coming week and why a good week and movement in our SP could be really important and going into the final week of March 2024.
As I've shared a few times, our top SP since the RI is £6.30 and we've bounced off that top a few times in recent months.
So getting through this upper level is important in enabling our next leg up into £7's and above and towards our TERP of £8.30.
Today we sit at £5.67 and my hope is that by the end of the week, we'll sit somewhere towards the £6 mark - ideally above £5.80 as a minimum.
Why - because at that level, if the business does release a statement about Easter, which if it does, should appear sometime between 26th - 28th March 2024 and as per last year, then if we achieve a relevant bounce that reflects 2023 of some 12% for the day, then at long last we'd be above the £6.30 mark pretty readily and which would enable us to set some new upper levels to the SP. Additionally, if this comes about, you never know, we may knock out one of the short sellers, if not both - now there's a prize eh!!
Clearly just my thinking, but hoping for a good week this week to get us into this territory and we'll then see what happens into the final week of March 2024.
GLA
This seems to be a political board and not people interested in TUI and its bright future, if a German company wants to have their stock exclusively on the German stock exchange I have no problem with that, I have been in Rolls Royce I am closing in on 5 times my initial investment that's a British company, a good company will do well whatever exchange it is in, although Germany is doing worse please ignore Spammy and his 'I think', he/she does not know.
Https://apple.news/A_hgNAwymTC2-LAumhdA56g
"Money is flowing out of the London equities at a faster pace than ever, despite government efforts to boost the stock market."
"Of 17 European countries, only four – Austria, Norway, Germany, Holland – have seen greater percentage outflows of money this year."
It’s also telling how the outflows happen post 2016, I think.
Https://apple.news/A_hgNAwymTC2-LAumhdA56g
Net outflows from U.K. stock market ETFs would tend to indicate very little confidence in U.K. listings. Sentiment is a huge driver, and despite protestations U.K. equities are a buy due to oversale, people ain’t buying it.
When we land on the Dax, maybe we can benefit from the circa 10% rise across Europe this year vs the FT’s pitiful 0.2%…
The UK’s future looks increasingly bleak as a PLC. Time to invest in twee tourism, perhaps.
Hi SK,
Can I suggest you take a BREAK from posting such nonsense.
You're continually incorrect in your thinking and to be honest, it's getting a bit embarrassing for yourself!
I'm also not quite sure what you're actually trying to achieve by sharing such information? As investors in Tui, we absolutely KNOW the pros and cons - surely you know that?
GLA
Meant to add on that many recent articles harping on about the apparent strength of UK economy and its surprising resilience look set painfully unravel... UK property market is in a crisis with estate agents beginning to panic... sellers digging in refuse to drop their prices and buyers quite rightly refusing to over-extend themselves... it's a painful stalemate which will potentially trigger a massive fallout. Add to the mix the monumental losses on commercial real estate yet to be fully felt by banks & investors and its looking very precarious as many will sell other equities to cover their gigantic losses.
I think there's going to be some heavy selling today... Rishi announcing there will not be a GE on the 2nd essentially means that it's on like ariston... strap in for some turbulence as the wider global economic situation has a myriad of issues, China property sector, rising oil prices, Ukraine + Gaza + Yemen Houthi on top... it's going to be a bumpy couple of few months ahead!
I think we are stuck in a rut between 5.50 and 6.0 until the Israel and Hamas war is sorted out.
I'm no fan of James O'Brien, occasionally twitter posts of his pop up though I scroll right past them and I've never listened a show of his. I am simply looking at UK's published data (I've no experience of interrogating the German figures and I lack info on related context to objectively analyse it). UK chancellor benefitted hugely from delayed pay deals... majority of which landed in Jan, hence headlines of 'biggest tax receipts ever'. That delivered the fiscal headroom as it favourably shifted projected OBR forecasts. I expect upcoming UK data releases to show further deterioration as the rot sets in. Despite TUI's delisting from FTSE move it's not possible for TUI to escape the damage from a deterioration in the UK's economic Outlook... as for German economic situation I just don't know enough to comment and would be interested to know what others think.
'sickman of Europe'....I know what its like you are sitting down with a soy latte listening to James O'Brien on LBC and its just an echo chamber of Joy.
Why have you posted about Germany? they're struggling around trade with china and their dependance on Russian oil, what has that got to do with our decline in the uk?
Germany was worst-performing major economy last year (Financial Times)
https://www.ft.com/content/792a1a09-701c-4c9d-aa77-0d9575d5bda9
German is doing pretty bad Savage, no cheap Russian Gas, shutting down Nuclear plants, net zero costs, emission demands on the cars they produce is hurting their own industry, how many Hyundai's and kia's do you see on the road?, China are becoming more patriotic buying their own goods and not phones (apple), cars (bmw/audi/vw) , talent from other countries don't want to work in Germany they get less people than the UK.
We don't have much to be proud of though, so many people are talking about a massive recession coming and putting your money in Gold, it won't just be the UK if they are correct.
@Savage I do agree with your point re; UK being the sickman of Europe as a result of all the challenges of Brexit (and god awful government)...absolute nightmare.......... however I do think your note is slightly disingenuous on mortgage arrears? The value is increasing as expected (as debt builds), however new arrears (individual cases) have decreased QonQ, I work for a prominent bank and our forecasts are looking positive when we factor in interest rate cuts (BOE will reduce shortly (especially) as a result of wage growth report this morning) and see no big issues with delinquency going forward. Good luck all holders
Absolutely, news of UK mortgage arrears rising 50% year-on-year landed in a BoE report this morning too. Renters under significant pressure from the sustained high rents, utility bills, council tax + fiscal drag on PAYE incomes. The first thing stressed households cut is leisure & travel... lots of activity will already be pre-booked for Summer 24... However, as that drops away fast though there's bound to be panic. BoE does not look as though it can come to the rescue because sadly UK is again the sick person of Europe and Brits will need to accept the economy has been brought to breaking point by this current Government.
Still not holding then?
Pretty clear now that UK PLC is in major trouble, the huge revenues these past 2yrs, off the back of high/elevated inflation, will begin to retreat once spring comes to close. Forward bookings for summer 2024 will keep the travel sector and TUI buoyant for now... however, major trouble appears to be brewing for beyond then as the growing debt burden and accumulated drag from high interest rates really starts to bite. There's yet any proof the recent cumulative 0.5% GDP contraction has come to a close and the uptick in unemployment could begin to be a trend rather than a blip.
Well unfortunately we are not off to a good start this week with the share price down by 1.5% so far today
I think we all need to close our eyes and do other trades until mid June when we should know a lot more about what will happen to our shares come delisting time
I would like to see SP above 6 this week but if I see 5.50 I will be going back in for some beer money.
Hey Mike
Indeed, have been adding and trimming and far too many so my trim is £6 from 517 528 534 adds.
The core lowering is my game with TUI atm, the Morg Stan upgrade was hoping for a breakout. Fri recovery off lows when futures were falling seemed positive and with a fair wind this week and US travel Carnival up Fri seems like a good sector to be in.
A fair few travel stocks would be a great lift.
Wonder where this week's bids will come from ?
Hi Mary,
Always like your posts and just as a reminder, the figure to enable a break out is above £6.30, which was the highest SP achieved since the RI last March. Would be great to see for sure and let's see...........
Of course, another great upgrade by an analyst or two, would fire rocket the SP too
GLA