image

The best stocks to buy since 1993

Latest issue now available

On The Beach

June 2017

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.

  • Epic Code:
  • OTB
  • Price:
  • 380p
The shares spiked higher after OTB acquired Sunshine.co.uk, an online travel agent, for £12m. The deal adds 200,000 customers to the 1.2m customers currently travelling with On the Beach and is eps enhancing from day one.Separately, H1 results show sales up 7% to £38.1m, adjusted pretax profit up 28% to £12.2m and eps up 27% to 7.5p. The statement reiterated that there is a very strong H2 in sight.UK revenue after marketing costs was up 17% to £19.4m and UK EBITDA was up 23% to £14m. This reflected greater marketing efficiency: marketing as a percentage of revenue fell to 41%, from 46%, and branded and free traffic increased to 57% from 55%. A further improvement to margin was achieved by increas ...

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

Subscribe now

Already a subscriber? Login

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

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

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