Member Info for as1983

Morbox - if you start trading might be worth trying Trading 212 app - i recently signed up for trading small amounts. No fee's basically and nice interface. Still use Interactive Investor for main ISA which despite fees i think is good as the monthly fee is basically a trading credit which i tend to use month to month. If this goes below £1.30 i will be adding.

i am very tempted to avg down but concern would be that coronavirus does get worse and sporting events cancelled - i would have said no chance but already happening in other countries.

I am going to average down - view this as long term income share and at this price even if they cut the divi will still be decent yield imo. Retail had worst year which i think is Brexit related as people tightened belts. Cards are the kind of thing people forget about and need to buy last min so think there will always be a need. Agree on thoughts below around stopping opening stores and concentrating on cost savings however.

What's happening here? I'm sure they will have had good Xmas but can't see any news to justify 15% increase

i'm no expert but i understand that the movement in provision from changing to IFRS9 goes through reserves in balance sheet and then the movement in year is in the P&L. So for example if provision is £100 under IAS39, but £200 under IFRS9 at start of year... then in year moves to £250. The P&L would only show a charge of £50 with £100 going through reserves on balance sheet. Not 100% sure and not looked at accounts to check but thats how I understand it works.

has anyone sold out yet? I am undecided as to whether to wait for the completion or to simply get out now. Bird in the hand and all that... I was waiting for the offer timetable to make a decision but this seems to be taking sometime. The only upside seems to be another bidder coming out of the woodwork but not sure how likely this is.

The RNS in mid July stated "As we have announced previously, we look forward to reporting our final results in August" - so should be getting results this week. Think they normally announce on a thurs or fri so lets hope a full year of the contract improves the P&L as we would hope and maybe a divi increase!

have they ever announced when the results are due - the delay RNS said early July and the jump in share price today makes me think it might be tomorrow as someone may have had wind of them....?

wow doesn't feel like the RNS merits the fall - no surprise on AIM i suppose. At what price do we average down. If it gets to 30 i will add.

Does anyone know what the expectation on EPS was?

i think if i had some spare cash i would top up here again. Been in since IPO and avged down once already - really don't see how this is now worth half of what it was when the chain has also expanded. In fairness not visited one for a while so not sure if I am missing something obvious. I still suspect there will be buyers in the distance once brexit is gone. Must be cheap...

Good results and decent dividend again. Still think the upside here remains the NAV which is >150p per share. Took opportunity to top up some more. My concern around UK travellers seems more than offset by increase in US visitors.

GL all invested here

i think i will wait for recovery to around 60p and exit at c70% loss - agree may look cheap on P/E basis but track record of non delivery too much for me. Learned my lesson in the past and sometimes it feels better to sell and move on to pastures new. Good luck to anyone that remains here...

down to 1.84??!! What has happened here - no news i can see....

Bit surprised to see the share price under 110p after being steady at around 115-120p. I really don't understand how this is valued at almost half of the float price. Tempted to add more but worried there are some underlying issues I am missing. Given it is coming up to Xmas and sure this will be popular place for work parties etc. Also the fact there is no debt re-assures me a bit more here...

Interesting insight Funki - are you aware of any way of getting a firmer view on this i.e. are there tourist numbers produced. Holder here and as you mention think the NAV is main reason for holding and wasn't aware that island is quiet. Thanks for the info

i am with interactve investor and get divis generally by 8am on payment date - so no complaints. maybe worth looking into moving broker??

Results due in couple of weeks - with a potential takeover in the wind and surely a stronger performance (assuming good weather is a bounce - could go other way) as estate continues to mature / grow. Still no debt i assume - i am really debating a top of here to average down some more. Any thoughts / reasons not too? Considering we floated at £2 i really think under £1.50 is a decent deal here...

starting to really jump here - wonder whats brewing!

I am a holder here and not sure why it is continuing to fall. I guess i need to do some more research but my concern is that the dollar is putting brits off what are reasonably pricey holidays (also good summer in UK may have impacted). May not have anything to do with it if most customers are from the states but i am not sure where customers come from. Agree NAV here is main reason to keep faith, dividend also good, was cut last year to help fund capex which in my mind is short term pain for long term gain. If it dips under 70 will consider adding

Yes safely received in my interactive investor account already