The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Or a decent dividend
Just reread them and think it's the competitive pricing comment and uncertainty around full year guidance contributing to this
Still think all the fundamentals are great and surely the best UK airline currently. Economic moat through dominating many regional airports, Leeds for example. We flew with them last week and couldn't fault them.
Flew back today with jet2 from Turkey. Plane was packed (couple of spare seats) and lots of happy customers.
Potentially but proven pretty resilient and been through tough times already. Maybe had nadir already and could see macro improving, wage growth outstripping inflation, decreasing base rate, housing market incentives, energy cost cutting etc.
Steady performance, held the divi and an acquisition gives confidence.
Mentioned in top 10 small cap article
https://citywire.com/new-model-adviser/news/top-investors-10-favourite-uk-small-cap-stocks-trounce-the-market/a2437247
And in top 10 citywire small cap article
https://citywire.com/new-model-adviser/news/top-investors-10-favourite-uk-small-cap-stocks-trounce-the-market/a2437247
Agree this company has a lot of potential now
But the comms have been shocking, we were supposed to have a presentation the day after the deal was completed - didn't happen and no news
Now results were due end of February and no update or holding message.
More work needs to be done to keep investors on side - it's simple stuff
Hopefully push on through £14 next week.
Canaccord say Buy and have raised their target price to 1900p (from 1850p).
They've also raised their forecast for the year about to end to 167.2p EPS (from 160.3p).