Market's view on Hostelworld

Published on April 2024

  • Stock watcher discussed the increasing chatter about the company’s stock, which seems to be on an upward trend, following positive results and good prospects.
  • Stock watcher noted an adjustment in the EBITDA forecast upwards by €1 million.
  • Stock watcher mentioned a tip sheet named ‘Oh My God’ possibly related to the company.
  • Stock watcher highlighted the company’s stock as a “strong buy” on the ‘Oh My God’ tip sheet, seeking opinions from long-term holders.
  • Stock watcher reported a significant 11% increase in the company’s stock on a particular day.
  • Upcoming webinar presentation by Hostelworld Group PLC and Duke Royalty PLC was announced, detailing features like company presentations, fund manager interviews, and a panel session.
  • Discussion on active market buying by a stock watcher, noting an increase in bid orders and a thinning offer book which might lead to a price increase.
  • Stock watcher observed strong institutional holdings and advised maintaining positions based on positive results.
  • Stock watcher discussed market activity suggesting a potential for the company’s stock to increase, driven by significant buying and sector momentum.
  • Stock watcher considered topping up their holdings given the current low prices and anticipated a trading update.
  • Stock watcher speculated on a slow recovery for the target market, not expecting changes until the following year.
  • Stock watcher reacted to the decreasing stock price, highlighting its affordability.
  • Inquiry about the company’s operations, whether it owns hostels or operates solely as a booking platform.
  • Stock watcher reviewed semi-annual results, expressing concern over a €30 million debt raise at a 9% margin, unexpected for a low overhead business model.
  • Speculation about a potential takeover bid for Hostelworld at £1.50 per share.
  • Discussion on the long-term recovery prospects of the company, acknowledging the funding in place despite a slow recovery.
  • Analysis of Hostelworld’s financial prospects during the pandemic, evaluating the potential for a successful turnaround.
  • Stock watcher compared the company’s valuation favorably against Airbnb, noting limited equity dilution and significant upside potential.
  • Commentary on the impact of Covid on travel, discussing the challenges of increased fares, fuel costs, and the necessity of a Covid passport for recovery.
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