The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Interesting piece in the Sunday times around the passenger numbers over the next 30 years - Southend airport had the highest % growth forecast out of all the UK airports rising from 2m to 10m between now and 2050. Expecting an upwards trend over the next month or so as we come put of the lockdown fog which can only be good for the holiday industry.......
A step in the right direction - positive sentiment with pubs beginning their journey back to serving pints again will take this to well over the £1.05 offer by the end of May. Lots of pent up demand https://www.google.com/amp/s/amp.lbc.co.uk/news/pubs-and-restaurants-will-be-allowed-to-serve-outdoors-from-april/
Given this is there 4th offer from TDR Capita (supposedly their best & final), I would not be surprised to see another other from a 3rd party which will mix things up a bit and get TDR to get the deal over the line on the 5th attempt - not their 4th.....Arrow are perfectly positioned in the market and have made it clear they are for sale so expect a few other interested parties to be looking at them in the coming days/weeks.
You may well be right - time will tell:) Feeling optimistic about the short term upside with this one but happily confess that my optimism has often been misplaced when it comes to some of my share picks. You pay your money, you take your chance.
Given that we know from the trade press that lenders are actively engaged in talks with the government about outsourcing the recovery of billions of pounds worth of loans under the bounce back loan scheme to debt specialist companies it is only a matter of time before the Government announces that an agreement has been made as they will be keen to get it off their books at the first available opportunity......company and personal debt is not going away any time soon. Booming market for ARW - just hasn't been acknowledged by the market yet. 23rd March will be key. Enjoy the ride.......
This can only be good news as will remove the USD100 million worth of liabilities currently associated with the Airline as well as the monthly cash drain
https://www.ch-aviation.com/portal/news/100276-irelands-stobart-air-to-be-sold-this-month-esken
Bodes well for Marstons - https://news.sky.com/story/covid-19-economy-will-be-unlocked-gradually-after-english-schools-reopen-says-vaccines-minister-12
Got to be good news for STOB - https://news.sky.com/story/covid-19-economy-will-be-unlocked-gradually-after-english-schools-reopen-says-vaccines-minister-12208197
Marston's PLC on Friday confirmed it has received a unsolicited non-binding proposal from US investment firm Platinum Equity Advisors LLC for a possible cash offer for Marston's entire issued share capital
Be interesting to see what the cash collection numbers look like on Thursday as well as what progress has been made with their target of over €10bn funds under management by the end of 2025. Given they secured a record number of debt servicing contracts in 2020, key will be what what progress they are able to demonstrate around working with the banks and UK Finance on the initial round of bounce back loan collections. Market is certainly tipped in their favour - just a case of whether or not it is reflected in their figures on the 21st or if it is going to take another couple of quarters to work its way through. Either way, good luck all - could be a bumpy ride!!
Matthew Dumigan: AO World - interesting read on Motley Fool
https://www.fool.co.uk/investing/2020/12/01/top-british-stocks-for-december-2020/