Updates

On The Beach

May 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 jumped strongly over the month despite a market seeing limited holiday bookings. As I highlighted last month, On The Beach runs an asset light, flexible, no inventory risk model and has no fixed commitments on hotel rooms or airplane seats. It has reacted to the present situation by reducing marketing to nil and limited all other non-essential costs to reduce its monthly cash burn. On The Beach has done a stress test: it has a £50m facility, which extends out to 2023 but even if there were close to zero bookings up until the end of March 2021, it would still only need a limited drawdown of the facility.To further reinforce that the business is well placed to weather any storm, On The Beach highligh ...

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

Subscribe now

Already a subscriber? Login

AlphaFX - Placing to raise new money

Softcat - Benefits as customers accelerate buying decisions for IT

On the Beach - £95m cash pile (October 2024)

On the Beach - £100m cash pile by year end (June 2024)

On the Beach (February 2024)

OntheBeach - Cash rises to 45p a share (January 2024)

On the Beach - Trading at top end of expectations (October 2023)

OntheBeach (June 2023)

On the Beach (February 2023)

On the Beach - Shares move to seven-month high (January 2023)

On the Beach - CEO buys £2m at 129.5p in August (September 2022)

On The Beach (June 2022)

OnTheBeach (March 2022)

On The Beach - Down but not out - recovery buy (July 2021)

On The Beach (March 2021)

On The Beach (September 2019)

On The Beach (March 2019)

On The Beach - Enters long haul beach space (January 2019)

On The Beach (September 2018)

On the Beach - Gain to date: 111% (July 2018)

On the Beach - H2 sales up 70% whilst non marketing costs remain flat, electrifying profits (January 2018)

On The Beach (June 2017)

On The Beach - A strong start to the year (April 2017)

On the Beach - New highs for shares as first four month sales jump +20% (March 2017)

On The Beach - Trading at top end of expectations (December 2016)

On The Beach (August 2016)

OnTheBeach (June 2016)

On The Beach - Market disruptor with low cost base (January 2016)

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