Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on hostelling-focused online travel agent Hostelworld Group (HSW), last month with the shares falling to 154p I concluded questioning the strength of its overall market and stating I would look for the underlying net cash generation detail in the upcoming half-year results. So what of now its “pleased to provide” such results with the shares currently at 140p?
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