Member Info for Bluelight

Its looking like a decent summer of bookings in the industry. From personal experience the prices are on the high side too, so looks like they've got good occupancy rates. If results come out decent that should cause a decided mark up in company valuation, which should also be reflected in bid levels. All in all things looking decidedly rosier.

That's why I never really pay any interest to short positions. They are extremely high, which for shorts is very comforting in a downtrend. That same high level becomes awfully worrisome when its shooting up and people are trying to close out.

Unlikely. It was a trend driven short attack down. That trends now been broken, so we should continue to have a good rise back to normality. Usual behavior.

For example lets say you short on IG. I'd like to see IG legally required to itemise where those short volumes they have provided come from to the exact share, every trade every day. That will prevent shorting non existent shares, which I see as being the biggest problem in the market. I'm convinced they short shares they don't own and have not borrowed, just are not required to report on it.

Also I believe shorting is banned in a number of countries, and unsurprisingly those markets are performing better than the UK. Shorting if done correctly and well regulated is no issue, however my personal view is the UK allows too much 'naked' shorting, to such a level that many UK companies are at best undervalued against international peers, and at worst shorting causes companies with controllable issues to spiral out of control as a result (through shorting causing panic). For me, the sooner the UK bans it or makes every single short deal regardless of size regulated and evidenced the better it will be for the UK economy.

Yes Quisty, yes. Oh my word you really are a piece of work lol. Anyway enough of your witty banter, I prefer to chat to people who actually have a modicum of intelligence and who don't write and behave like they are a 12yr old child. Good luck to you buddy.

Is there anything you don't understand from my phrase 'As long as it takes'. English not your first language?

As long as it takes Quisty. Doesn't really matter to me. People get way to worked up over short term moves. Investing is about looking at what return you could make over a time horizon, not over a matter of days or weeks.

Doesn't really matter how bad a year 2019 turns out to be in hindsight. As long as they get decent funds from some asset sales, and a good strategy for the future then happy days. History is full of companies that have had periods only to turn around and come back stronger. Not that that is of interest to shorts, if you believe them the world is always coming to an end,

Well said. I made a choice long ago I wouldn't sell until I had a clearer picture of takeovers / turnaround recovery, regardless of where the price was trading at. 10p, 30p, doesn't matter to me. I want to see what the plan is for the future before I make any decisions.

Understood but I see the same post multiple times a day from you. As I say generally I enjoy your commentary when arguing with people with opposing views. That's no issue, but simply writing 175 dyor over and over again adds nothing to the board, and I for one would appreciate it if you stuck to discussions/vigorous debates as opposed to repeating one off sentences. Just a general request, feel free to ignore, but I'm sure I'm not the only one here who would appreciate a little less of the one line repetition.

You really are a broken record Falkland. I personally enjoy your banter, but when you post the same 175 dyor 100 times a day it just takes up space on the board. By all means be negative, but can you please adjust the story even slightly from day to day, to stop boring us all to death.

With shorts as high as they are there's obviously alot of people hoping for a bad update and/or continued general weakness. That said, if it turns out that bookings have been decent, and/or there's a decent update on asset sales then that short level will look very top heavy and would accentuate a sharp increase. It's an interesting one.

I just booked a last minute holiday for 2 weeks time. I could not find even the slightest cheap deal, ended up forking out over £1k, when I was expecting no more than £600. So from what I can see it looks like demand is better this year across the industry.

He didn't. I believe it was that prior to the last results, then it was rebased, and they stated it would be 15p going forwards, with additional special payments 'if' profits merited them. I personally don't count if's, only the known 15p, plus the current 17p.

You can't trade on what might be Charlie, only what is known, otherwise its just gambling. I'll stick to the known facts, if the facts change my position might, but the chance of it not continuing to recover from here are negligible in my opinion.

What you forget to mention Charlie is whilst the divi has been reduced, it is still set at a minimum equivalent to +7% currently, with scope for upside as mentioned in their press release. Not many people would turn their nose up at 7% + a year return, certainly very few people who are on this board. I also have a longer term view, and see the investment in parcels (which is now the biggest part of the business by the way, and growing rapidly) as being a massive opportunity for significant future growth and associated return. Each to their own, but in my view anyone not buying at this level when they can, will be kicking themselves in 12-24 months.

25th July. Buy before then, you get the divi. Buy after, you dont.

Will sell £50k worth when it hits 500. DYOR

They can buy the company and then sell the airline, that's not an issue. Either way its a buy and hold. I'd rather they sold some assets, reduced debt then carried on as they are with their new hotel and online strategy. In the long term that would make me significantly greater returns than a one off takeover brucie bonus.