Updates

Hostelworld

April 2020

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.

The shares have fallen out of bed following the travel restrictions posed by COVID-19. FY19 wasn't too affected with Hostelworld reporting in line results and also returning to growth in Q4. Sales fell 2% to Eu80.7m and it recorded a pretax profit of Eu$16m and eps of 15.4 cents. Hostelworld brand bookings were down (5%), cancellations were up (Eu9.3m versus Eu5.5m) and customer acquisition has become increasingly expensive while the lifetime value has been hard to grow (marketing costs were 41% of revenue from 37%). So rather than stand still, it has now laid out a new strategy to buy-and-build a second business in “experimental travel intermediaries” - businesses that provide volunteering, working ...

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Hostelworld (September 2021)

Hostelworld (February 2021)

Hostelworld - Results due 4 March (February 2020)

Hostelworld - Expects recovery next year (November 2019)

Hostelworld (May 2019)

Hostelworld - Bookings in the palm of their hands (February 2019)

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.

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