Morning, Shaun,
I've held Greencoat shares for a few years now. My first purchase was around £1.19, and due to growth and market sentiment almost every top up has been a slightly higher paid price but, I'd rather that than a shrinking company!
Throughout the pandemic this was my only share that stayed buoyant and didn't pull back.
We are in a growing part of the market and if you buy back at a few percent higher than where you sold, I think it's likely the Sp will continue to rise and you'll be back in profit and enjoying the quarterly dividend along the way.
ATB.
£1.38 is my break even.
I keep adding when it's at these current levels but I'm quite testicles deep with how much I've piled in here.
£1.38 seems like a lifetime away.
If our next quarterly results are just as strong then that'll provide an element of support to the Sp. We need to show continued revenue growth.
I doubt anyone thought we would spring board just because our last results were good. Once we have consistent revenue then the Sp will come good again, but that doesn't stop it being nerve wracking in the meantime!
ATB.
Hargreaves Lansdown;
With the very difficult pandemic-period now largely left behind on the tarmac, the focus now is on the present. To that end, TUI had a resilient third quarter. Crucially, capacity and bookings are within a whisker of pre-Covid times.
The huge ramp up in activity in the aviation sector has come with pitfalls. The well-publicised flight cancellations and general airport chaos has led to a significant increase in costs for TUI. But these shouldn't be a repeat occurrence.
There are a couple of things to keep in mind though. TUI doesn't just run flights, it has a much wider package holiday business. In some ways that's what makes TUI more defensive - it has more to offer and plenty of cross selling opportunities. But maintaining pre-pandemic levels is also a much higher priority, the drains on cash when you have planes and huge hotels to fill are enormous.
TUI Hotels & Resorts have delivered another consecutive quarter of positive underlying operating profit since the start of the pandemic. Occupancies and average rates are doing well. This all sounds great, but we need proof of a longer run of positive momentum.
And this is where the challenge lies. Looking to the future, TUI needs to work hard to maintain its competitive edge. Most holiday makers aren't too brand loyal and instead want the best deal. You could argue there's an increase in appetite for DIY rather than package holidays too, with today's Airbnb culture.
TUI was concerned about over-capacity in the wider industry before the pandemic. This is an ongoing concern in our opinion, despite the challenges faced by the sector in the last couple of years. TUI doesn't appear to be trimming its own capacity in readiness for an economic contraction and instead relies on a hybrid approach of own and third-party operated flights, which reduces, but doesn't eliminate the risk caused by an over-supplied and overly competitive industry.
TUI has also raised around 10% of the group's share capital, or around €425m, by placing new shares, as it looks to reduce debt and government funding. Again, we think this is a step in the right direction. But there's still credit risk which won't be extinguished until operations have been back up and running at full speed for some time.
TUI faces challenges, especially as the cost-of-living crisis bites and people rein in spending. There's the potential for TUI to do well in the future thanks to its more diverse offering, but we think further turbulence is likely for now.
Defroster,
I certainly hope it will all come good. I've bought heavily from £1.90 right down to £1.06.
I'm thousands of pounds down, and feel a tad underwater but I pressed the buy button.
Business fares are what is likely to prop up the revenue with flights.
The staff issues will be resolved and the summer does look even uglier over the next few months with fears of strike action / delays and the uplift with staffing, but as I say, they will be resolved and then (God willing with this freaking virus) normal service can resume.
Allguessing,
Average SP is 2.33.
I'm currently £4.7k down.
This wasn't a game that I wanted to win...
You know, as much as I think I've done my due diligence on a company that I invest, you can't help but become twitchy when you're slightly under.
I have an average Sp of 1.47, and about £13k in here.
I'm optimistic about travel (long term) but wonder if I should keep adding at current levels.
I'm unsure how vastly profitable the short haul offerings will be, but it's another string to the bow, and the cheap BA flights to European destinations will only increase in price - just as the other budget airlines have done.
I've got just over £25k invested in IAG at an average of £1.65. I don't normally invest that much (this is a lot for me) I generally only go as high as £10k per company, so as confident as I am on the future of IAG, I can't help but be marginally fearful with the short term.
If we don't dilute - and just accept loans, and whenever the best part of the pandemic is behind us, surely this current Sp will prove to be an absolute bargain.
Regards.
Quote right, Rogue.
HL takes £1 to process every quarterly dividend you receive.
My last Divi was £35. A princely sum but one I hope the constant reinvestment will grow over time.
I can only hope this company is here to stay and will capitalise on the UK's drive to be a renewable powerhouse.
We are (supposedly) perfectly located for wind generation, so this investment company seems to be a long termer.
All the best.
https://www.fool.co.uk/2021/11/13/renewable-energy-stocks-should-i-buy-greencoat-uk-wind-today/
Rogue,
I'm with HL, and they haven't even charged me to put my offer through.
I was able to buy 142 shares @ 1.32. HL asked for £187 to be in my account by close of play on the 19/11.
So, they haven't charged me at all on this occasion.
I had a similar offer with TUI a few weeks ago, but on that occasion I was charged £1 for the trade, which they warned me of.
The point being; would I have bought £187 worth of Greencoat shares? No. I normally buy either £500 - £1000 lumps, so being able to buy a low, modest amount without a trade charge - happy days.
Good luck in whatever you do.
I agree.
The discount incentive may not be attractive but I would imagine your online trading platform will put this trade through at a low charge.
For example; HL charge (typically) £11 a trade, but with these Open Offers, they only charge you £1 for the trade, due to the high volume that they have during these occasions.
That is one benefit and, the main benefit with taking up the offer is to support the business, whilst ensuring they get their money for the acquisition.
I suppose they could just dilute and flood the market, which isn't ideal but the obvious dangling carrot whereby they encourage investors to buy (at a discounted premium) isn't there at the moment.
This SP has hardly rocketed since it's listing but it's in a growth sector and the quarterly dividend is attractive.
Regards.
Good evening, all,
What piqued my interest in this company is its potential and the fact that it has just started paying a dividend, which still boggles my mind.
Whether the Divi continues remain to be seen but, the company potential is worth a punt. Especially with its low mcap and potential of the sector it's in.
Ian,
I've got £8.5k at £2.88 average.
I won't buy anymore now unless we go lower than that price, which I hope we do but you hope we don't!
Billybigwig,
Ah - I'll take a look at the loan facility terms.
Many thanks.
Mshorn,
TUI paid out €0.54 per share in Feb 20.
Are you expecting it to be dropped or removed?
As mentioned, I haven't read any update on this.
Regards.
Good morning, Soulsister,
I see we've opened up this morning on a slight drop.
My usual top up price is below £3.00 so I am eagerly watching.
I missed the opportunity when we pulled back to around £2.45 2-3 months back.
I imagine many eager folk are looking for that level again but I can't see it happening as it was an unfair response to lockdown.
And - when holidays were reportedly to be resumed, TUI jumped up to just over £5 as a result.
I'm a little perplexed by the dividend that TUI offer. It's yearly, and it appears to went ex 6 months ago.
And I can't seem to find when the next one is being paid and by what likely percentage.
Good morning all.
Soulsister,
Cragcol was replying to Bsinkers post from Saturday at 16.04.
Regards.
Soulsister,
I'm sure you've heard / read of Motley Fool. And form your own opinion of that type of journalism.
I see you've got almost 1500 posts to your name, and it looks like you post on a wide spectrum of boards.
If you're invested in all those boards you post on, I imagine you've very wisely spread your financial income to prevent any TUI collapse damaging you so.
Have a pleasant weekend.
Good morning, Soulsister,
I feel your pain regards buying any share and then the subsequent day the Sp drops - then knowing you could have bought in a snippet cheaper.
Anything below £3.50 Is a good price and there is profit to be made. Obviously my opinion of that doesn't help you and your current plight.
I've been buying TUI shares for the last few months but I've only been doing so when they hit my buy price.
I admire your post, for a 64 yr young lady, you certainly write your posts with a modern tongue.
Hugh,
The German government has bailed TUI out to the time of €1.2bn. The bailout is stop the collapse for the TUI brand and the inordinate amount of money it turns over within Germany.
The bailout is to protect tourism, which isn't related to shareholders but is related to the happy commuter.
This company is Government backed, and they've bailed out TUI before.
In my lowly opinion, this is a fairly 'solid' stock to buy and hold.
It's just timing those buys.
Good luck all.
https://www.thearmchairtrader.com/signature-aviation-amigo-holdings-and-fastjet/
"Fastjet
Going back to Friday, there was an interesting announcement from Fastjet [LON:FJET], the African low cost airline. They are petitioning investors to support a delisting from AIM and cancellation of shares. The reasons being given here are the cost of maintaining a full market listing and the reluctance of many institutional investors to continue supporting the business as it battles with lockdown restrictions across its network. The plan would be to move the listing to Asset Match, a London trading facility with operates periodic auctions on a matched bargain basis. The note however carries a stark warning, that the directors believe on current projections that the company will only have sufficient resources to meet its operations needs until the end of next month".
d200,
"got a funny feeling we'll see something tomorrow - whether good or bad that's the question????"
How's that funny feeling of yours?