From £6.99 per month
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Results: OTB

Search articles by EPIC code

There's Gold On the Beach for this Cash-Blessed Son of Macclesfield

Hello Share Servers. Don't you think this dreary winter seems longer than normal? But with Spring not that far away, many folks will be turning their thoughts to booking a holiday in the sun. Peering through shop windows, I’ve noticed high street travel agents, recently so blasted by Covid, are now seeing fuller chairs these days. Which brings me to a company with a name that says it all.

On the Beach – trading update emphasises “total transaction value” and “bookings”, but what about the bottom-line?

Online travel group On the Beach (OTB) has announced first quarter of its year total transaction value “exceeded the comparative months in FY22”, that “bookings since the Christmas period have materially increased… since the start of the financial year to date is up 68% vs the equivalent period in FY22” and “a strong balance sheet”. So what of a currently up to 183p share price?

On the Beach Group – “continues to thrive” or trading so “suppressed” it doesn’t want to detail it?...

Previously writing on online beach holiday retailer On the Beach Group (OTB), in July with the shares at 325.5p I was cautious with already the travel market impact duration and disruption having been more than imaginable. The shares last closed at 337.5p but are currently back below the noted July level. Why, with a full-year trading update including recent “stimulated bookings… confidence that there is pent up demand for travel, and positions the business well as we enter 2022… On the Beach continues to thrive”?...

Page 1 of 4 (34 articles)
Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Complete Coverage

Recent Comments