Member Info for hellyeah

paydayz - even with 1% selling everyday, this will go up - look at the fundamentals and compare that to mcap. It doesn't make sense. This company has a £700m loan portfolio + £30m cash in hand, even if 50% customers are "good" - £50m mcap is bonkers. Results out in a few days time and believe you me we will be in profit even with a complaints charge IMO. Expect this to rerate, probably this week.

They have a huge loan book and cash to deal with any situation. AMGO will come out stronger and back to 30p IMO. GL all. We will be fine.

We will come back. Rerate is on the cards, patience needed.

Not just Dart Group, all travel stocks are massively overvalued IMO. Remember they have done 0 business in past 3 months and have taken ridiculous amount of debt!! Travel stocks only traded on speculations. In comparison, I own G4S stock, which recently put out a trading update and their revenue was only 1% impacted by CV-19 (compared to TUI which has 0 business) yet their SP is 50% down. The mind boggles.

Remember, EZJ reports their Half year earning in a weeks time and it is going to be ugly. My forecast for key travel stock sp in August:
TUI - 280p
EZJ - 400p
DTG - 450p
IAG - 180p

Time will tell. I will stay out of this sector for now as it has too many private investors who haven't a scooby.

You need to think twice if you think tomorrow will be rosy!! Tomorrow brings more pain as second virus peak threat increases, not to mention below...

https://www.bloomberg.com/news/articles/2020-06-21/lufthansa-ceo-says-bailout-may-not-pass-on-lack-of-support

This could be TUI.

Slightly surprised by no lift in sp even with a great trading update. I sense a rerate on the cards. Precovid we were 200p, so significant money to be made here in near term. I will top up on Monday!!

Huge risk to buy any travel, leisure and hospitality stocks before Q2 updates which will be scary, not to mention other risks hanging around and multitude of warning travel companies has dished out. This WILL go back to 300p IMO.

When is Q1 update due? Last year, it arrived 16-17 June so would be good to understand? Mar-May 2020 will brutal for businesses so I would be cautious in investing/trading before the update!!

Get ready for a bloodbath here tomorrow... I forecast 20% drop tomorrow... at least 20%...may be more.

Loving the volatility...perfect storm for Plus500, IG, CMCX to make loads of £££. I happen to own all of them :)

1500% increase in profits. 15.3p dividend with 12.2p final dividend. That's amazing and it is just the start!! Hopefully hit 300p in coming days more in line with IG and Plus500 sp growth in recent months.

Bigwigs - you only sold your travel stocks...I sold 90% of my portfolio after finishing 10% higher than pre-covid value of my portfolio...the only stock I have kept is IG, Plus500 and CMCX. Current volatility is a boon for spreadbetters..I will be on sidelines until Q2 numbers starts coming in July/Aug from companies... it is gonna be a bloodbath and a reality check for many.

Further update on cash business sale, monies in the bank. We are about to take off IMO!

This was 340p pre-covid so I do expect it to get to at least 170p in next couple of days. And if RNS comes of the long coming sale of the business, this will rocket back to 250p!! GL all.

I expect an RNS to come out next week on reopening plan and in that RNS we will get online sales and EU sales numbers, both of which I expect to have grown significantly!! Sp should be 120p not 90. Fasten your seat belt for next week.

If you work from home you need computer, laptops and accessories, if you are stuck at home with young adults and kids... You need games consoles, games etc. If you are cooking at home... You need appliances... Personal hygiene... Shavers, hair clippers the list goes on! We mat be the next Halford... So I hope. GL all.

Agreed, great business with a strong brand that is debt free on the road to RECOVERY. I was one of the lucky ones who sold at 163p and got back in at 110p after placing RNS, cannot risk being out of this one. IMO 200p coming in near future.

In the previous update, there was a clear message that Covid-19 may have minimal impact on our financials...on that basis I am sure why the sp is half from previous level? We should be touching 45p in near future IMO particularly if market is expecting a V-shape recovery. Great time to be in here!

Quote from FY20 results RNS:
"Given the recurring nature of many of our income streams, the benefit of the actions already taken and our flexibility to adjust to further changes in trading, we currently expect our performance this year to be robust in the circumstances and only slightly below that of FY20. This is assuming a partial lifting of the lockdown restrictions in early/midsummer and a gradual return to a more normalised trading environment during the rest of the year. This confidence in our performance reflects our resilient business model both in Trading EBITDA performance and in positive predictable cash generation."

Dreamachine - I got in couple of weeks back at 92p and bought another tranche last week at 102p based on similar thinking and the latest RNS - which clearly mentions some clients are even asking for additional services! I think we may be next Halfords!

From Q1 update: "As our services have been designated as essential in all of our major markets the overwhelming majority of our employees continue to support our customers, including in the provision of additional services in some markets."

What happened here? Nice!

When masses decide to lift the sp, sky is the limit!!! :)