Member Info for Banburyboy

Invested £2k at 7.1p.
Been watching for a while and price has dropped from 12.5 p on 8th Dec TU on no news.
Feels like there is risk a change in company structure where share holders get zilch . But reward from a take over or recovery seems higher. Anyone know if a take over by a big grocer would be allowed ? Particularly Morrisons would it push market share to high ?

Thanks Th and BY.
Still to much for me to comprehend but you both seem to be assuring that the "position" re loan stock is nothing to worry about in terms of where the SP is going or India cash. All sounds good

BH can't wrap my head around how the short reduces individuals cgt liability across jurisdictions. Can someone provide a skeleton answer or worked example ?

Helpfull
Six targets in a few weeks. Most "targets"have been in the RRR rinse and repeat cycle for years. Over promise under deliver. Jam tommorrow. Tread carefully here.

Rupans
Saga figures look good by comparison. Royal C had 60% load in Q4. SAGA had 68% in H2. My view is most of that is skewed to the same period as its Xmas and cruises were well booked.
ROYAL C has 60% Q1 2022. Saga is saying 86% Half one.

Thompson I find most on here dead genuine even with alternative views. The only poster who have found " difficult" is Jack B. So I'm also open to new faces. We were new posters once!!!

Hi Cutandrun welcome to the Board. You ask a really thoughtfull question.
For me this will never be a£1.8bn company and £900m is the limit . So £6 is the target double where we are now. Points :
- on your point on staff attrition working from home will make Saga attractive to staff. Can't see them having problems. The ships are crewed by Filipinos so should not be an issue.
- They have done a cracking job stabilising insurance after years of decline underpinned by 80% retention and three year deals. With £140m a year profit its probably worth £6 on its own
- £200m of available cash means £3 should be a floor on the price / no rights issues etc.
The market IMO has yet to fully priced in Cruise / Tour operating at a small profit post pandemic.
April update will be Key if we have even more robust cruise with a good start to 2023 bookings and green shoots on Tour. I would expect it to move up. It hit £4.60 when in a far worse position a year or so ago. Some have mentioned we need institutions buying
If we get good news in April and the SP doesn't move you could be right.
In summary we have come a long way and I would keep the faith for one more quarter.
Good luck whatever you do.

Bell reminds me to a degree plenty of hot air. Inability to fall on sword. In it for numero uno
Key difference is there is a mechanism for Boris to go and it seems that's a matter of when rather than if.
AB will no doubt be here for a lot longer.
Not an investment for me

£2.35 emerald please

Thirty one trades by 10am that's a weeks worth in two hours. Definitely something going on.

Good spot wok.
Doesn't inspire confidence given its their own IR site.

EC hope I'm wrong but put me down for £2.34.
I've got form only man left standing in when the cash is received with 5th February.
This share seems to defy logical expectations.

This has not moved.
Market cap £25m. Net assets 15m no debt £5m cash.
Sales £41m plus 10%
Profit expected to be significantly ahead of last year which was £4.1m. And ahead of market expectations.
Expecting £5m plus profit. P.E of five.
Also expect transformational news on electronic scooter usage in March. I also think highly complementary to HFDs.
I'm buying more

At £5.07 to buy this is at 52 week low and very attractive.
Been typing up H1 results very good Sales +14% profit +33% and cash £5.9m.
Q3 17% ahead of excellent 2020 comparative
Q4 to Nov flat on an excellent comparative.
Screaming buy based on this and links below which are detailed and valid (previous post).
Update normally early Feb on finals think this has £6.50 all over it and long term target for HFD

Rupans yes from 1st Aug both ships were sailing.
Yes I realise this is a minimum that's what I meant by time to increase capacity. Unless the food and drink is £60 per head you would think 80% of the increase went to the bottom line.
Reaction has been positive thus far

I need to look at how mine and the company figures compare.
What i think we can conclude is the impact of 68% capacity and £299 per diem H2 with the current position for H1 2023 accounts which is 86% and £318.

I have revenue as H2 175 days @999 full capacity @68% @£299 for 2 ships = £71m
For H1 - 175 days @999@86%@£318 for two ships = £96m

Most of the £25m will go straight to the bottom line as the costs of operating (with the exception of food and drink) i think will be fixed. Obviously time to increase capacity to.
Definately green shoots but a little wait. Next update will be with the results early April which should have some forward guidance.

Rogue - great advice. Salvo is kind of you scatter gun perhaps better.
Party what Party (taking a leaf from Bojo)
At least SP is holding up

Jed £550m of the debt is ships and the asset is valued at debt value plus. Its repaid over 10 years with the deffered amount of £52m (no re payments since covid) payable at £10.4m for next five years. Payments are quarterly commencing June 22.

I think i was over optimitic here.
Nothing bad but not enough in my opinion to give a leg up to the SP.
The one are i find strange is cruise bookings - I'm very close on half one at 86% but have the full year as 80% (update says 73%)
My feeling is they have included the in month January 23 even though the itinery is not available. If so its a sign of a cautious update.

Quite a few punts here so plenty of interest. Good luck all

Rox £3.48
Sprights £3.32
Toby £3.27
Jo Soap £3.20
Banbury £3.18
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Batfest £3.15
Algofire £3.12
Beach £3.08
Rogue £3.05
Smorty £3 +
Olmsey £2.98
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FDBCpoly £2.88 (2% on day)
Jack Bogle £2.00