Member Info for 2227

"H2 2019 cash expected to reduce due to a planned industry payment falling due"

It happened last year too. That seems pretty normal to me.

" Group cash balances at 30 June 2018 were £18.2 million"

"The Group at 31 December 2018, held £14.6m of cash."

They would have made an industry payment last year at the end of Oct ....... how big can it be?

simplywall.st
Companies Like Yü Group (LON:YU.) Can Afford To Invest In Growth.

https://simplywall.st/stocks/gb/utilities/aim-yu./yu-group-shares/news/companies-like-yu-group-lonyu-can-afford-to-invest-in-growth/

So O'Leary runs an Airline.

Ok lets look at JET2.

It WAS an airline until 10 years ago when we offered Holidays.

Guess where the margin is ? Holidays and associated add ons...

Jet 2 will move maybe 7m people this year maybe more and over half are on Holidays.

So lets get this straight if there were no holidays we would still run one of the top 10 airlines in the world.

I must look back at the posts when RYAN opened in LEEDS and everyone said its the end?

Now its RYAN closing bases like Faro and reducing flying at Leeds etc because people prefer JET2.

We took RYAN on at stanstead and guess what.............we are winning there too.

Right product/good service..........
Tiger

The TR-1 rules don't apply to AIM. Wasn't mandatory for him to declare.

Date on which the threshold was crossed or reached.
27/03/2019

Date on which issuer notified
26/09/2019

Turner bought his stake on 23rd March but only notified on 26th September.

The Bayford Group owns Gulf Gas & Power and sells gas and electricity to homes and businesses in the UK and the Netherlands. They also have shareholding in the Fulcrum utilities.

J2TT develops and maintains business critical applications for Jet2.com and Jet2holidays. Our sole objective is to provide IT solutions that assist the whole company in its strategy to deliver innovative, industry-leading products with scale, experience, competitiveness and a customer-focused approach.

http://www.jet2traveltech.com/

Born and brought up in Horsforth, Leeds, the 49-year-old was sent off to Oundle, a public school near Peterborough then studied business in Newcastle. He has only a trace of northern in his accent but has a voice that’s charged with energy, and there’s something of the dashing country squire about him.

While the Bayford Group (originally coal merchants, today major interests still include energy, but also forestry and property in all worth £400m a year) is steered in a day-to-day sense by his “brilliant” managing director Liz Slater, Turner says his thing is “big, imaginative ideas”.

https://www.yorkshirepost.co.uk/news/wow-with-know-how-how-to-make-money-and-enjoy-it-1-7363839

In 2004 Jonathan Turner bought Bayford and Company Ltd from family shareholders.

Following the Fambo buy-out, Bayford acquired three new fuel card businesses, Central Fuel Cards, Truckhaven Ltd and Routemate Fuel Cards. This saw Bayford's fuel card business become the only company to have partnerships with the three biggest fuel brands in the UK, Esso, Shell and BP, as well as adding the most widely accepted diesel-bunkering card on the market, to its portfolio. By taking over three fuel card businesses and the two fuel distribution companies, Bayford earned itself the title of ‘Acquirer of the Year 2006’ at the Business XL Magazine Company of the Year Awards.[3]

https://en.wikipedia.org/wiki/Bayford_%26_Co

Earnings forecasts are likely to be revised upwards after the interim figures and trading update are announced in November.
In my view earnings are likely to be more than 100p for the year ending march 2020 and around 150p for the year after that. DYOR and GL.

ft.com
UK’s bank challengers are fading in fight with big four

The new entrants were supposed to revitalise the UK’s banking market — instead they are looking sick.

Challengers such as Metro Bank, with its colourful American founder Vernon Hill, larger foreign invaders such as Spain’s Santander, under first Emilio Botín and now his daughter Ana, and branchless fintechs such as Monzo, were all supposed to break the dominance of the established big four.

Yet many of the thrusting new competitors are ailing. Last week Santander wiped €1.5bn from the €8.3bn valuation of its UK business — the country’s fifth-biggest bank — blaming increased regulation and the economic impact of Brexit. Earlier in the day, shares in rival Metro Bank plunged 30 per cent after weak demand forced it to pull a planned bond sale.

The news capped a terrible September for smaller British banks, which also saw a profit warning from CYBG. The owner of the Clydesdale and Yorkshire Bank brands bought Virgin Money last year to become the UK’s sixth biggest bank, but its shares have fallen by almost 50 per cent since their high in April.

https://www.ft.com/content/77ef93ec-e100-11e9-9743-db5a370481bc

Jet2 increases winter 2019-20 capacity.Steve Heapy, chief executive of Jet2.com and Jet2holidays, said: “This week has seen an unprecedented amount of demand, and we have responded quickly to that by adding more flights and holidays to the sunshine this winter.http://www.travelweekly.co.uk/articles/344553/jet2-increases-winter-2019-20-capacity

Dart was singled out by analysts at US investment bank Stifel as one of the biggest beneficiaries of Thomas Cook's demise due to the 'considerable customer overlap' between the two companies.

Rising rapidly .

The death of the supermarket banking dream? Sainsbury's joins Tesco in pulling out of the mortgage market, as their once bold ambitions fizzle out

https://www.thisismoney.co.uk/money/saving/article-7477643/Sainsburys-joins-Tesco-axing-mortgages-end-supermarket-bank-dream.html

Will the Lloyds share price ever recover to 90p?

https://investomania.co.uk/2019/09/will-the-lloyds-lonlloy-share-price-ever-recover-to-90p/

https://www.ii.co.uk/analysis-commentary/how-dart-group-turned-our-analyst-31-profit-two-weeks-ii509329

"TUI (LSE:TUI) has had to cancel holidays because it used Thomas Cook's planes to fly people on TUI packages. Jet2 only uses its own planes.

ii.co.uk
How Dart Group turned our analyst a 31% profit in two weeks - Analysis & Commentary

In a case of great timing and luck, backing this well-run travel operator was a stroke of genius.

A couple of weeks ago, our companies analyst and long-time fan of travel operator Dart Group (LSE:DTG), Richard Beddard, reminded us why he has an army of followers and why you reject ‘value’ investing at your peril.

Published on Friday 6 September, Dart Group's share price had traded as low as 710.5p, closing the day at 737.5p. But on 23 September, the day Thomas Cook went bust, the shares peaked at 933p for 31% gain.

The bull case for Dart looks pretty clear to me

In his original article, Richard talked about "a growing business that has been getting better at making money" and whose shares are "cheap and should be a good investment over the long term."

"I didn't even mention the prospect of Thomas Cook (LSE:TCG) folding, which is surely why everyone has suddenly picked up the shares :-)

"The whole Thomas Cook thing has been a revelation," says Richard. "TUI (LSE:TUI) has had to cancel holidays because it used Thomas Cook's planes to fly people on TUI packages. Jet2 only uses its own planes. Unlike the rest of the world, it seems, I'm a big fan of vertical integration. On the Beach has come a cropper too, because it is having to rearrange packages using Thomas Cook flights."

"The other thing that surprises me is the press coverage, which talks a lot about TUI (dinosaur that has adapted better than Cook) and On the Beach (an example of the internet disruption that undid Cook), but almost completely ignores Jet2. It's like it is invisible.

"But the fact that Jet2 overtook Thomas Cook as the UK's second-biggest package tour operator a number of years ago (from a standing start in 2006!) surely was a huge factor in Thomas Cook's demise.

"I think its origins in the North are one of the reasons the City has routinely underestimated Dart, and perhaps caused competitors to underestimate it too."