Safestay Share Price (SSTY)

Another tick up today, so far anyway!

Still can't believe a Business which can get going again almost instantly (in the UK anyway) is still so cheap!

AIMHO and DYOR

Tidy little rise since last post: The rational for investing is still the same. Safestay will be rammed with young people, the same people who want top go to concerts and events and have no fear of Covid at all!

If you missed the likes of the obvious Ciniworld spike consider this a very good alternative with massive upside potential.

AIMHO and DYOR

Not much activity on this board which is hardly surprising.

Safestay is pretty much mothballed at present but as we exit Covid (hopefully!) it's a Business which can easily be started up again. Young, fit customers who can travel and afford to take the risks are unlikely to be too worried about Covid given the majority, if my 'young adults' are anything to go by, perceive the risks to them, weighed against the benefits of getting out there and seeing the world are absolutely worth taking. My youngest is already planning, as soon as she can, to go travelling. It's not Covid that's stopping her now, it's the rules. I thinks she's bonkers but she throws back at me that at the height of the AID's pandemic, when infection meant certain death in the long run, people still had casual sex and weighed the risks against the rewards.

Covid isn't going to kill most under 50's, they are more likely to die in a car crash in any normal year than from Covid. Given this and the frustration they feel seeing the brief period between end of education and early career and the inevitable onset of more responsibilities slipping away, I have little doubt they will fill up Safestay's hostiles as soon as they are given the chance, the pent up demand is there.

Of all the hospitality sectors, one that's key demographic is so closely aligned to those at least risk from Covid bodes well for the long term prospect of this business.

People a pilling into Carnival betting on the recovery of the cruise business as the vaccine is rolled out but have, so far, missed this obvious recovery play.

AIMHO and DYOR

Adding these down at 10p is looking like a decent decision !

Anyone know why SSTY has gone up so much today? I see no news, other than a 2021 better story, maybe, but that's a long way off.