Member Info for davey2

Be interesting to see how the market reacts on Monday........

Encouraging news for the travel industry https://www.google.com/amp/s/www.mirror.co.uk/news/uk-news/european-holidays-set-quarantine-free-24433952.amp

https://simpleflying.com/flypop-london-stansted-base/

https://news.sky.com/story/covid-19-quarantine-free-travel-for-fully-vaccinated-absolutely-something-government-working-on-han****-12338282

https://news.sky.com/story/covid-19-quarantine-free-travel-for-fully-vaccinated-absolutely-something-government-working-on-han****-12338282

Looks like the deal will be structured as a bond that converts into equity over a period of several years which is potentially better news for investors.
https://www.google.com/amp/s/news.sky.com/story/amp/stobart-air-owner-to-raise-120m-from-airport-stake-sale-to-carlyle-12332403

Someone is shaking the tree......all Buys and very little in the way of Sells over the last week or so. Feels like it is going to be an interesting June!!

Feels like SVP Global are getting ready to make their move - £5m bought today. Someone's betting big........at these prices it is teed up for an approach. Given that SVP have a $1.6bn Dislocation Fund, part of which has already been deployed in the restructuring of Swissport, (where Esken's ex CEO, Warwick Brady headed off to) the stars would seems to be aligned.....Going to be an interesting few days. 42p- 45p would do it!!

A number of £1m buys gone through this morning - has the signs of something bubbling away in the background.....Time will tell.....

Worth a read - 3 penny stocks I’d buy - Motley Fool
https://uk.finance.yahoo.com/news/3-penny-stocks-d-buy-071627248.html

Market is finally beginning to catch up with this stock!! Some lumpy buys went through last week - has the feeling of something brewing in the background.......time will tell......

https://www.thegrocer.co.uk/big-interview/big-interview-carlsberg-marstons-boss-paul-davies-on-why-hes-not-giving-up-on-beer/655854.article

Given that TUI fly from Southend Airport, this has to be good news for Esken. Also likely to result in other airlines and tour operators to follow suit https://uk.finance.yahoo.com/news/holidaymakers-offered-20-covid-tests-091533758.html

Finally some momentum - pure recovery play stock. As more positive news comes out this week re travel, looking for this to enjoy a spike over the coming weeks as the stock still operates under most investors radar - while the rest of the market is all piling into the usual travel suspects yesterday (IAG, TUI and EZJ), ESKEN is still playing catch up......time will tell.....

https://news.sky.com/story/covid-19-nhs-app-to-be-used-as-covid-passport-for-international-travel-grant-shapps-confirms-12289071

Taken from Motley Fool
"Booming business

Another hospitality business I’d buy for my portfolio is Marston’s (LSE: MARS). I think this is one of the best UK shares to buy today, based on its recovery potential.

The group’s losses totalled a staggering £360m in 2020, and analysts are forecasting losses of £44m for 2021. But profit could return in 2022, according to forecasts.

Based on the scenes we’ve seen of packed pub gardens over the past week, I think these forecasts could be too conservative. 

That said, Marston’s recovery is far from guaranteed. It’s exposed to the same risks as Restaurant Group. Another coronavirus wave could force the government to shut restaurants and bars again. This would send the business back to square one. And after generating a loss of £360m in 2020, there’s no guarantee the company could survive another lockdown. 

Even after taking this risk into account, I’d still buy the stock for my portfolio of recovery shares today"

https://www.thesun.co.uk/travel/14725587/brit-holidays-europe-return-this-summer/

Somethings bubbling - some big trades going through at the moment.....

https://uk.finance.yahoo.com/news/pubs-performing-above-expectation-since-081055444.html

“There is significant pent-up demand in the economy. The consumer savings ratio is at high levels, and all indications are that the demand for events, for festivals, for live sport, for going out for a meal and for socialising with friends is as strong as ever,” said Shepherd Neame chief executive Jonathan Neame.

Complex deal but ultimately they have got it off their books and can now focus on their core operations of Stobart Energy and London Southend Airport. Some interesting upside in that Ettyl may also pay £7.5m based on certain trigger events until July 2024.

Also an opportunity for a chunky pay-out to Esken if the airport or Stobart Air are sold following the deal for more than it was bought for by Ettyl. Within the first year, Esken could receive up to £30m, whereas, after the 12 months the company would be entitled to up to £20m. Be interesting to see how this plays out - all we need now is a bit of good news around summer travel.......