Member Info for Xhita

How can they be in charge. Surely they have sold the shares they borrowed and now need to buy back.

On 12th they sold around 140k shares. It's almost nothing in the scheme of things. I took 80000 on 12th. I have taken another 42k since so almost wiped that out myself. However at some point they need to replace around £1.4m worth. I look forward to that as with poor liquidity it's sure to drive the share price on the way back up.

Really this week we should see a base being built at this level. I suspect from there it'll move back into the appreciation phase with £2.20 being the obvious target.

Obviously that's subject to a status quo in the middle east and no further threats to the Aegean holiday business.

It will be encouraging to be back into the £1.70s this week.

We'll wait to see

I am not sure who said it was. On the beach dais Egypt, turkey, Greece and Cyprus had experienced a significant slowdown since Epstein fury had started. Obviously the middle east countries also but on the beach has very few options there.

We have sold out our summer hotel capacity now for Costa del sol. All in the last 10 days. We had a couple of cancellations but we always have a few for many reasons.

There are still some flights but hotel capacity is getting very tight. I think Jet2 will sell their Eastern med capacity. I suspect bookings have paused a bit as On the Beach reported which is quite normal.

They also reported bookings massively ahead of last year.

Https://www.travelandtourworld.com/news/article/spain-becomes-the-new-go-to-destination-for-uk-families-opting-out-of-turkey-for-summer-2026/

Boom time for Spain

I just took some more, crazy price here. The reality of the commercial situation is being ignored at these levels.

OTB can only pass on any cancellations, they are simply agents. Only the North part of Sinai north of st Catherines is on the government advice list so there's no grounds for cancellations. Just flights into Taba which is very close to Israel is on the list.

They are required to be truthful, this is a big change of circumstances. If they maintained the guidance now and didn't suspend it until they know more then I suspect they would be criticised. I see it as positive that they aren't just carrying on as if nothing was happening.

Clearly OTB respond to app and website traffic. They are well ahead of last year until 1st March. It may be in the next update they reinstate the target based upon global sales but until that happens we are a bit in limbo.

However the share price is very low and makes no sense here. Even if this situation cost 20% of profit over the year it's well overdone. OTB have nothing invested in the region. They are simply a booking portal.

The region is completely open for business.

However people are pausing. That's certainly not the case for Spain and Portugal.

I know it's a standard thing but given the AGM vote to purchase shares I wonder if we'll see another share buyback

It seems a very special offer.

I am sure that we all knew about operational Epstein fury and obviously it would interfere with the normal business.

Confirmed today: Despite the volatile environment, the Company continues to trade profitably and generate cash because of its asset light model with significantly lower fixed costs, commitments and exposure to increases in variable costs versus the asset heavy tour operators. The Board remains confident in the delivery of the Group's medium-term ambition of £2.5bn TTV, £100m EBITDA, £85m PBT and 38.7p EPS.

What we didn't know was how well they were doing:

· FY26 bookings: +10% and bookings from repeat customers +19%

· Q1 FY26: travelled volumes +14%

· Q2 FY26: travelled / departure volumes +34%

Obviously it's frustrating but it's not a showstopper by any means. OTB aren't invested in the affected area and whilst it has interrupted the booking flow for some areas others will benefit and many will holiday in countries adjacent to the middle east as they always have. What we do know is OTB are exceeding the market by a very long way and securing more business.

I doubt that Iran will let trump off the hook. Their demands are high. Trump will be forced to surrender or mount a ground invasion. Iran is huge and they are very resourceful. America can't withdraw as the iranians won't let up now and really who can blame them.

Trump will call it a win and leave it to the gulf neighbours to carry on. Of course that won't happen.

This is typical trump and typical US. They get bored very quickly.

America can't sustain what they are doing and Iran can maintain their current situation indefinitely.

However for on the beach they will simply be booking holidays elsewhere.

Spain will have it's biggest summer ever. Unlike an airline OTB has nothing invested in countries now struggling for bookings. No hotel capacity, no aircraft. The service model is extremely light and robust in the changing marketplace.

Yes they withdrew guidance but Q1 was fantastic and Q2 is well ahead.

Obviously we all knew this was coming today and I bought heavily on a super update

Jolly so says the propaganda machine.

The fact remains that trump lies hundreds of times a day the fact checks evidence this. Iran were compliant at the Oman talks and agreed to major progress including inspections and removing their partially enriched material. Then for the second time trump bombed them. They have made concessions twice and been bombed twice. The pretext of the war is a lie and will be proven so at inquest.

Trump and his government said they had destroyed the Iranian economy and that's what the protests were about. As for killing thousands, yes trump is doing that now.

I find it strange that people in the west think others should live like them.

The situation for the people of Iran is infinitely worse now. In a few months they will be in small boats crossing to the UK.

Jolly I hope at that point you realise how stupid Trump is and how small minded you are.

Anyway. I will look in on this share occasionally and buy back in below £10.

A super commercial performance by OTB. Huge growth again up to the start of the war.

Then this.

"Current trading from 1 March 2026

Whilst the Group has limited exposure to destinations in the Middle East, it has experienced a significant slowdown in demand following the onset of conflict in the region, particularly to destinations such as Turkey, Greece, Cyprus and Egypt. The timing of when the conflict will end and the shape of recovery in demand to these destinations are unknown. Both will impact Group profitability and as a result the Group is temporarily suspending its guidance of £39m to £43m Adj. PBT for the full year.

Despite the volatile environment, the Company continues to trade profitably and generate cash because of its asset light model with significantly lower fixed costs, commitments and exposure to increases in variable costs versus the asset heavy tour operators. The Board remains confident in the delivery of the Group's medium-term ambition of £2.5bn TTV, £100m EBITDA, £85m PBT and 38.7p EPS"

The timing is fortunate in some ways because the bulk of the winter bookings are done . Like Jet2 they had reported good demand from the region for winter.

Summer 26 is producing a rush for western Europe with Spain and Portugal both experiencing stronger demand than usual. Easter is looming and Egypt is a strong favourite.

I don't think this will end any time soon. Trump is well out of his depth and is surrounded by people with no experience or ability. He'll just continue to bomb harder achieving nothing in my opinion.

Spain hasn't sided with the Iranians that's ridiculous.

Obviously this is a totally unsolicited attack immediately after Iran agreed to the demands on their nuclear program. Spain says it's a war based on an invented pretext and they are absolutely correct.

Iran made many concessions and the US made non and bombed them anyway.

If you think that's right you are mentally ill

I guess this is all about oil at the moment rather than the market for selling package holidays.

We'll know a lot more about how healthy the current sales are tomorrow.

It's a terrible mess Trump has created, seems so out of character.....

That's ridiculous. Why do you need a daily tally. They said it'll be done before 30 June. You can see how much they have spent and what's left. Why do you need to know every day rather than every Monday morning.

Everyone says the buybacks aren't helping the share price and bizarrely suggesting a bigger dividend will somehow fix things. I see the buybacks as great value for long term shareholders. Where would the share price be now without them.

You have to view this as a super opportunity to get a substantial holding in a quality company probably around £10.80 in due course.

1893 so you don't think it's sliding because trump and Netanyahu bombed Iran causing global instability. Ensuring generations of avenge attacks on Americans globally. The tourism risk is about waiting for the first cruise ship, aircraft or hotel full of Americans.

Like 9/11 this is a change event that will shadow us for generations

I don't see the day to day buyback volumes as significant. They are out of Jet2 hands.

How does it affect the share price knowing how many they bought yesterday. It just clutters the RNS panel.

Tomorrow we'll find out if bookings have dried up for the industry or not.

I know what I am seeing here in Spain.

These are the export rates a solar farm gets not what the end user pays. The end user will have a contract.

It's all about timing, I will return at the right price to account for the global risk which for copper is now the industrial slowdown created by high oil prices.

The RNS fee. It's just £31 a post but it's something.

I believe the rules just changed to remove daily updates on numbers to change to weekly.