I think this is just the start of a massive upward trend. Pwc just came out with an update that they will hire extra 100k people in ESG push! This is massive and if PWC wants rapid growth and wants RPS, please be our guest!
c.$20m in revenue from just three contracts and Mcap is measly $20m - it should be at least x5 revenue. Hopefully 15p in short term as people digest today's news and we get upgrades from brokers etc. Now is NOT the time to jump the ship IMO, exciting times ahead!
tpinvest - you continue to demonstrate you have no idea about this industry or investing in general.
Rev Bars provided a strong trading update last month where they stated even with just outdoor space they were making 50% revenue compared to previous years. Since 17 May reopening, they must be absolutely killing it and weather surely is helping. Who wouldn't want a ****tail and a burrito on a hot summer evening? It's a bliss. Particularly when you can't leave the country, people will spend their money on pubs and restaurants.
Forget Travel sector, there are other booming industries to invest in - housebuilders (Redrow, Barratts, Taylor Wimpey), construction (Galliford, Costain), software (Micro focus, 7Digital) and many many others!!
This is the reason I have stayed away from investing in Travel sector, it is just not worth it. I cannot see proper income from summer holidays and travel this year and without that more debts would need to be raised. And before we know it, its winter season. I am a fan of Easyjet but I cannot see them making any money this year!
tpinvest - you are talking nonsense mate and you shouldn't call yourself "invest". 0 covid deaths for the first time in 15 months. Economies are opening, whether you like it or not.
I don't even bother with daily price action. This will do a Shoe Zone later this week IMO. Solid recovery stock. See you same time next year for 250p+.
It is as expected, what you are seeing is a lot of novices who wants to make a quick buck but have no idea how to invest. Selling now when economies are opening is crazy!
RNS out - Major shareholders nearly bought 1.6 million shares from open market. We are about to lift off today given the illiquidity of this stock! There will be scampering to buy more IMO.