Member Info for tomc1

Not the first person I've seen mention the it's on friday close. I tried it too on saga, card, cost and boo. All UT's were rather large, alot more traded than normally. Some firms got wiff of fda approval or brexit deal.

Thanks - yes read the September statement and can see materials are purchased from USA but they hedge with vanilla contracts (mint chocolate man myself).
They have made money from this in the past, so hedging plays a part in dampening GBP appreciation, however GBP appreciation is sizeable and will play a part in improving cost of goods sold due to the large value of purchases as they don't fully hedge it appears.

Why does the GBP/USD matter? i'm assuming we buy material from there? if so seems strange why not buy from uk or EU?
Cheers
Tom

It's a buy and hold for me too.

I echo you observations, stores are rammed/queues outside, yet this stock doesn't rerate with the market. It is still down 70% YTD.
Not like there isn't increased demand due to covid, first time we've sent Christmas cards in the post (early 30's) but want to send them to auntie/uncles who we normally see.
This increase of demand is highlighted below;
https://www.nbcnews.com/news/us-news/isolated-pandemic-americans-are-sending-more-christmas-holiday-cards-stay-n1250362
https://www.bbc.co.uk/news/business-54894771

The increase in demand is so high that our town centre ran out of stamps yesterday... How much for a stamp, more expensive than the card, card factory cards of course making it this way.
Target 90p don't see debt excluding lease as problem given previous EBITA, yes this will take a hit for yearly results due to store closures but with us turning the corning we will no doubt get a re-rate soon, nice run up to results I think.

Hi rogue, whens the trading update? Financial calendar on the website isnt great.
Have a sizeable holding here myself, looks extremely undervalued down circa 70% with historic good margins and profitability.

Stores have been rammed from whaybive seen, quick google confirms with local newspapers saying busiest stores have been csrd factory.
Further buying pressure from covid not safe to see the family or friends so the sending of christmas cards will be very popular this year. Can see results be stellar, I'm in 25% of PF, one of the few stocks hanging around 70% down ytd. Other one being costain which I'm also in, multibaggers imo, not many left following a mad november.

No-ones missed out in multibagger. I stuck 1k in at 16.5p on the news of closures sold that day for 27p. Do I regret it no it was a trade and only held a few hours at most. Never liked cine, too much debt last years accounts shows how much interest was spent out of profit.
Gla all holders hope it comes good, for you and me both as cinemas would be missed.

Still one of the most beaten down stocks YTD

Why not,
Is it down circa 70/80% YTD
Still trading
oversold previously beyond belief
trading with no forward earnings as cash is market cap
lags competitors in the sector
leverage on debt is acceptable and not a concern

Ticks all of these for me!

Yes the competitors have had their bounce, where is ours. It's a comin, interest today testing that 50p.

A long time holder average in old money 11p old money

This rise is great for me, but stinks of insider dealing!
So much M&A in the market so yea probably a bid but how it

Travel insurance is the answer. What happens when you get ill abroad, you goto hospital or get a flight home earlier on insurance...
The travel industry does not stop because some got ill i get it is a virus but still everything just does not stop, it can't continue to be this way!

gone into an auction, too much demand. Orders will be placed, this will determine opening price.

It was a bargain but the large buying past few days suggests somethings out there rather than just a re-rate of travel stocks.

this is a value play for me, divi's don't interest me other travel stocks are near back to 2019 prices. EZJ and IAG are at august 2019 prices!

Saga on the other had valued at 300m, when travel not if comes back it's 100m profits there is so much pent up demand out there! i know i'm one of them only 35 no saga for me but it's nurburgring, spa track day, new york for wifey, week on a greek island etc. I live for traveling though...
100m from ships & then we have insurance profits of circa 100m so 200m total. current market 300m so 1.5 forward pe.
Saga will survive and will not be valued at 300m in six months time!

to add to that we are lagging go-ahead, FGP and NEX today substantially.
Resistance has to break soon.

SB opened in the hope we get through 50 resistance, target june highs in the short term.
Beaten down sector, competitors getting re-rated, costains time soon!

Investment wise it looks like a safe play traiding aside, previously trading at circa cash on hand price... Confident with SB for this reason can't see a fall back to those times.

Thanks Bat!
I did try to load it think work computer stopped it, large external doc...
Didn't take up the rights so 46% ouch but average was 14p anyway, bought some at 150p as soon as news broke and again at 181p today!

News flow, further vaccines, massive increase in testing, covid numbers then lower and important cruising to resume!

How much dilution was there in regards to the recent placing, open offer etc?

Current shares in issue = 139,594,769
Multiply by 15 to get pre consolidation amount = 139,594,769 X 15 = 2,093,921,535.00

New shares added 971,918,208.00

Pre placing number of shares 1,122,003,327.00 (2,093,921,535.00 - 971,918,208.00)

Dilution percentage equals??

- Divs - they used to and will do again, as it's stable business excluding covid just like insurance, banking. Not great for growth normally but constant cashflow so divs are good.
- Debt - no this isn't being written off what has been and continues to happen is that the government are saying to transport companies you have to run services, but with footfall down they are giving them grants to cover the loss in revenue. So no debt aren't being wiped, if the gov wasn't providing these grants then debt would be increasing due to a reduction in cashflow. Summary, it's fair to say debt is neutral through covid which wouldn't be anything special had the share price NOT gone from 150p to 34p....