Market's view on Time Out
Published on April 2024
- Concerns are raised about the potential vulnerability of the company to a takeover bid given the current share prices.
- The use of borrowed funds for expansion is debated; it is seen as beneficial if it leads to a return on investment, but risky in the face of potential unforeseen global issues like pandemics or recessions.
- Discussions reveal dissatisfaction with parts of the business, specifically questioning the effectiveness and future prospects of the Time Out Market (TOM) section.
- There is optimism about profit opportunities as global markets recover, with some stock watchers expecting significant gains.
- A rights offer for Time Out shares at a considerably lower price than market value is mentioned, seen as an advantageous investment opportunity.
- Stock watchers discuss investment strategies, including selling part of their holdings for a profit while retaining the rest for potential long-term gains.
- The increase in the size of a Conditional Placing due to strong demand from institutional investors is noted, with some stock watchers securing full allocations.
- Positive sentiments are expressed about adding the company’s shares to portfolios, especially at a perceived low entry price through primary offerings.