Hostel market-focused online travel agent Hostelworld Group (HSW) states that it “is pleased to announce its interim results for the six-month period ended 30 June 2022… strong month on month growth… in the absence of any further deterioration in the macro-economic climate, disruption to airline schedules, or escalation of the conflict in the Ukraine, we expect to be EBITDA positive in H2”. So what of a current share price response to 90p, down almost 5%?

Hostel market-focused online travel group Hostelworld (HSW) has announced an AGM update including “performance to date has been stronger than we had initially expected… we are seeing the recovery continue across all destinations and demand segments. In particular, booking demand into Europe, our largest destination in 2019, has almost fully recovered to 2019 levels with some markets exceeding 100%… trips from the US and Canada into European destinations at 2019 levels”. So what of a share price rising above 86p?...

Hostel market-focused online travel group Hostelworld (HSW) has updated on trading including that travel demand remained muted throughout Q4 2020 with ongoing travel restrictions. Although that was “as anticipated”, the shares, already down from more than 85p recovered to in November, are currently further lower towards 76p…

Previously on hostel-focused online booking group Hostelworld (HSW), in August I wrote “pleased to announce” half-year results… it sure? – concluding at a current 62p share price, a still more than £70 million market cap, I currently avoid. The shares last closed at 54.1p, and today a “Trading update”…

Online travel group Hostelworld (HSW) states it “is pleased to announce its interim results for the period ended 30 June 2020”. Hmmm – how ‘pleasing’ can they be?…

Although my main focus is in the oil and mining sectors, I do also follow quite a few shares which don’t fall into this category, with Hostelworld (HSW) being one of them.

We all know that markets have been a bit skittish recently, which will mean that investors will be looking to sell unit trust holdings. And we know that Neil Woodford has faced the double whammy of redemptions and his cash-hungry dogs which need feeding. And on Friday morning Kier group (KIE) announced a rights issue: it never rains….

Having noted that Neil Woodford has been dumping shares in our Big Short BCA Marketplace (BCA), I see that the sell-off appears to be rather more widespread. One wonders if Tom Winnifrith’s comments that after a market crash investors tend to sell up is coming true already, or is there another explanation?

I start off with Avanti Communications (AVN) the spoof share purchase by uber bombastic CEO David "taffy" Williams and Lucian celebrating as the shares slide. Then it is onto a bad day for the Bick brothers. Baby Bick spins for Gable (GAH), Thirsty Bick spins for UK Oil & Gas (UKOG) and I comment on both. I touch on POS Magnolia (MAGP) where it is almost certainly placing ahoy then it is onto LXB Retail (LXB), Prospex Oil (PXOG), Hostelworld (HSW) and finally a detailed comment on Nyota (NYO).