Member Info for Archy147

Getting the timing right on these things is nigh on impossible. I got lucky with mine, but hopefully anything under 130p is going to look a great entry price in the weeks and months to come!

Mike what else do you have your eye on at the mo?

Exactly paddy, they've had omicron and cost of living to deal with so not really surprising they are behind 2019 on that front.

But I like OTB because they are much smaller and more agile than say TUI so cash burn much less of a worry.

The drop is overdone as you say, creating an excellent Multi bag potential here. I topped up yesterday at 105p because I firmly believe a bounce is due. So far so good!

Hi Ocean, its from the Interim results 24 May. Some quotes from there:

The Group achieved booked sales growth of 6% vs H1 19 (up 322% vs H1 21)

Group booked sales in September and October 2021 exceeded H1 19 levels. However, the Omicron variant heavily impacted Group sales in November and December 2021 and early January 2022. (So they managed 6% growth vs 2019 despite Omicron)

Sales have remained resilient into H2 and are 33% ahead of FY19 in the 8 weeks to 22 May 2022

 Ps Well done on calling 100p Ocean, now we're pretty much there are you tempted to buy?

Thanks for the welcome guys. :)

I was looking through various travel shares as think the sector generally has taken too severe a beating. To be at, or below (in our case well below) , covid pre-vacine lows just seems ridiculous to me . Like PaulC, I consider the absence of any declared short interest a large positive also

Can say the same about TUI who also interest me, although it seems OTB are a much more nimble operation and, in their own words, are in a good place to capitalise on the current turmoil. Is anyone here also in TUI, would be interested in hearing thoughts on them too.

In at 103p

OK there's still a good chance this will go under 100p in the near term, but IMO there's also a good chance OTB will be back to pre-pandemic prices (400p+) in a year or so. Sales have already topped 2019 levels, the sp will follow....eventually. Confident this will be a long term winner. GLA

Good timing Cookie

Glad to (finally) see some positive movement here!

I did the same thing so share responsibility jcb

I really don't understand this market sometimes. Was the RNS today not really good news at all then? If not, why did it shoot up 10%? Genuinely baffled.

The market thought this was worth 150p a share a year ago, so maybe now it's realised the drop was overdone?
This is always going to be un-loved share but a PE of 4 is ridiculously low.

About effing time we had some good news here. Its been a painful one to hold on the way down. Still a long way to go to get back up!

When I last looked at this, MW were shorting the share so I held off buying (They seem to have done a good job with their shorts elsewhere)

Today I checked and they have reduced below 0.5% leaving the declared short position on CPI as 0%. Encouraging! We also have the positive news yesterday, the breakout from the downtrend and lots of positive comments on here.

I'm now buckled in and ready for the ride :)

Well Billy, where this is heading depends on how long you think the war (and therefore the sanctions) will last.

But the only person who responded to my post on this critical subject was one of the local idiots...

What?! Are you another alias of Share Hobbit?

Share Hobbit is the wally who attacked me for saying I didn't believe the Russian's when they suggested peace was imminent. (I tired to post this on the thread about him but that's disappeared)

Sadly, I think got my timing here terribly wrong, buying at over 3p. Does anyone here actually this war will be over sooner rather than later? It looks to me like its going to drag on for some time, and that can only be bad news for the POG share price :(

They could be setting it up to say they had every intention of ending the "special operation" but the dastardly Ukranians refuse to stop so they are obligated to continue.

To assume there the Russian propoganda machine has suddenly started acting with honesty is a little naive i would suggest.

All sold up here too. My best investment ever - from £1 to £6. AMAZING!

Top sliced a couple of times along the way, as bagging some profits seemed the sensible thing to do. Still, massive gains here....well played everybody!! :-)

Now....where to invest the proceeds. Any good ideas anyone?

Well guys I don't know what the fuss is, we're all wining here!

Menzies was the largest holding in my pf before this week, and its just shot up over 70% since last Friday. A little top slicing for me midweek, but my goodness what a great week its been - the best for me since "V" day on 9 November 2020. Happy Days :)

Also worth saying that, if a 560p bid were offered and accepted, the share will continue to trade on the market for a while until the deal is finalised ( With The trading range likely to remain tight at a very small % below the agreed price).

some positive movement

This has been sat in the doldrums far too long. Holding out for triple bag here (at least).

Not a holder here (I thought it was overvalued a few years ago in the 100s so never bought in lol), but thought I'd offer my tuppence to Greymatter, as I do read quite a lot on the subject of portfolio management.

The general advice I've read is you should set a target for the maximum % of your portfolio that one stock should be. 10% is considered a reasonable upper limit.

Personally, I do it slightly differently. I set an upper £ limit that I'm willing to let an investment go to before selling/top slicing. Effectively, this is the maximum amount that you're willing to tolerate losing if the company were to suddenly go bust. In my case this is set at £50k, but for others (depending on portfolio size) it may be a much lower figure.

Yesterday, for instance, my c£40k investment in MNZS shot up on news of a bid to c£60k. I sold 20% of my holding to bring the overall value of the investment back under the £50k threshold.

I hope this helps :-)

Cane this question has been puzzling me for the last couple of months.

Look at the long term chart and a re-rate here appears to be well overdue. Hopefully just requires a little more patience (fingers crossed).