Updates

On the Beach

March 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

On The Beach has put out a confident AGM update. After beginning 2024 with a record forward order book, momentum has continued into the peak booking period with FY24 TTV (total transacted volumes) 27% ahead of the equivalent period in 2023. Thanks to its earlier investments in its proprietary online booking platform, strong marketing spend (its ads are constantly on my radio on the way to work) and improved brand awareness, all categories enjoyed strong growth with B2C 3* TTV up 8%, the more profitable B2C 5* +41% and B2C long haul TTV increasing 86% versus FY23. I’m a little surprised full year guidance wasn’t raised but the group said it “took the opportunity to price competitively and focus on volume growth to capture sh ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

H&T

Judges Scientific

OntheBeach (December 2024)

On the Beach - Extremely cheap on ex-cash prospective PE of 5.5 (July 2024)

On the Beach (April 2024)

On the Beach - Full year profit “at the top end of the range” (November 2023)

OntheBeach (July 2023)

On the Beach - Very encouraging meeting with CEO and founder; upgrades likely (March 2023)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X