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Ade1234,
Forgive me as I may have this wrong, but you recently made a comment about TUI's finances, but you referenced last summer's results, and for some reason you skipped past the positivity of TUI's last trading quarter, and now you say it's over bought?
Since the steady rise I've been keeping a keen eye on share purchases and they've almost been on an even keel, which supports the likelihood of the ecent Sp uplift being market correction / sentiment for next month's results.
Even today, the buys very marginally outweigh the sells.
Vol. Sold 2,786,150
Vol. Bought 2,792,627
All the best.
GRQ.
It should be...
"You're in the money!"
Sundezena,
I think you'd have to be nuts to sell now.
Of course if you're in a profit and or back at break even, after such a long time in a loss, then investors may sell, but from my perspective; we've had a nice steady incline, which is only borne out of sentiment and a whiff of peripheral news from other companies.
We know IAG performed well in the last quarter, and I want to be invested when the next news are released.
That said; it's unlikely, come RNS day, that the SP will catapult on strong results, but it will set the tone going forward for the SP.
Have a good day all.
GRQ.
Jk1234,
I'm unsure how to interpret that news.
"Civitas Social Housing PLC - Exeter, England-based healthcare real estate investment trust - Says the UK's Regulator of Social Housing issues an enforcement notice regarding outstanding rent by My Space Housing Solutions. "The Regulator of Social Housing requires My Space to undertake a number of actions including the strengthening of its board, reporting on solvency and developing action plans with regard to compliance with the rent standard," Civitas explains. The company adds that My Space "always" paid rent on time every month regarding nine properties. "However, more recently rent arrears have occurred which are not material in the context of the CSH portfolio but which are being actively followed up," it ads.
As of September 30, 2022, My Space Housing represented 1.3% of Civitas's rent roll."
The above isn't ideal but they hold such a small. Stake with our revenue I dont see how it would be that detrimental.
I imagine once RSH get their claws in, the payment will be made, and then we wont continue our agreement with My Space.
All the best.
Well done, Donalb.
Always good to hear of peeps (soon) making some cash off the back of this share.
Sadly I jave another 10% to go (£2 average SP).
I'm hopeful of getting there.
We've had some good momentum taking the SP back up, and I hope this continues until next month when the results are released.
I'm as confident as I can be that they will be positive, which means we will have had 6 months of strong revenue. That will do the SP a world of good.
All the best.
Ade1234,
It does seem a little unfair to judge a travel companies loss from last year by today's market.
Travel companies are one of the last businesses to come out of the pandemic, and surely judging by the last quarterly figures (and looking at other airlines) that the travel sector is having a slight boom.
If TUI provide strong results again, then having that continued growth / confidence will underpin the Sp and elay fears about this sector succumbing to COVID.
All the best.
It's all a profit, Scotty.
I remember in 2009 I bought some oil shares in Rockhopper. I paid around 15p per share and then I sold them a few months later at 45p! Happy days! Tripled my cash!
However, the shares continued their charge and they went onto topping out at £4.50!
Happy days...
Lloyds,
Why it dropped that low? Who knows. You could ask yourself why it stopped dropping, paused and then returned.
Pre 2008 market crash, I found certain stocks would rise on sentiment alone, but now the market needs consistency, which makes more sense.
Shorters / market sentiment / apathy / economical climate, they all play a part, but that is when the most savvy of investors pick up cheap stocks.
The market can't unfairly plunge a stock when their fundamentals and hold in that sector won't waiver.
For me, that is precisely why l bought into IAG.
I'm sure many may quibble about the speed of the SP returning to where they think it should be but I have time and I bought it when the pandemic started to turn.
IAG is a major brand and they are buying new fleet, expanding their airline and occupying new space.
Sure, they have debt but it's being serviced, and the desire to travel, after such a depressed few years of travel, has never been stronger.
If nothing else, the vile COVID pandemic has taught us not to be confined and to live out lives, in spite of interest rates, the menace of Putin, economic climate and housing market.
People may offer caution with spending but holidays are escapism from every day life, and seemingly that won't be compromised.
All the best
That's my average SP.
I averaged down quite a bit at the £1.40 mark, and couldn't add anymore when we dropped to the £1.15 area (wish I had now) as I'd be touching at break even.
I have £10k ploughed in here so breaking even (ideally making a small return) is essential.
That said; TUI have a major TV ad campaign running at the moment, and if the next set of results show the same continued growth, then I can only hope we can push back, and over, the £2 mark.
All the best.
GRQ
Livestock,
Nice post.
Human interaction when interviewing / having meetings is always better in person.
Zoom / Skype / Teams all served a purpose, but they lack the ability to read non verbal communications, which you can only pick up when in front of someone.
The fact that America appears to be reporting high figures of internal travel bodes well as IAG/BA has such a commanding control of flights to America.
B.A has one of the greatest footholds with that flow of air traffic, and this strong passage of passenger numbers is going to build on the hefty €1bn revenue that IAG made overall from last quarter.
All the best.
GRQ.
Tricky,
"well my average is now £1.32"
Nice! I thought I did well to squirrel my average SP down to £1.36.
All the best.
Full year financial results will show the correct picture of the business.
That's all that matters.
IParsnip, BitO***eezer,
I'm 17% under.
I still dont feel like I've won this game....
Surdly the next IAG results are going to be strong if AA produced encouraging results.
IAG relies heavily on their American business routes.
If IAG can build on their last quarterly results, which it seems that way as the wider picture suggests so, the continued northerly climb they go.
And, I know one thing is for sure.
Nonsensical bile that is spun on here wont make an ounce of difference to those cold, hard, quarterly numbers.
Good evening all.
LloydsActuary,
I'm pleased to hear you're almost at break even, ol' boy.
If media reports of the tyre being an influx of holidaymakers still determined to get away and book a holiday, then I'd like to believe our next quarterly update will be as financially healthy as before, if not better.
Any organisation that can turn over $1bn revenues must be doing something right.
Even if the Sp doesnt respond immediately to the (hopeful) next results, it will surely underpin the current Sp, and allow it to continue trickling northwards.
All the best.
Sundance,
That is a very healthy amount of shares!
Good luck to you (and a little bit of luck to me too.....).
Emerald,
No one likes a show off...