Previous Close: 231.50p* (real time prices at ADVFN) Previous Range:225.50 - 231.75* Previous Volume:37009 shares (down on average)* Trading:above the 50 day M.A. (222.903) & below the 200 day M.A. (228.577)*
As at 31 March 2013, the group's cash balance was £220.9m (2012: £152.0m), at which point the holiday and airline businesses had received approximately £253m (2012: £180m) of advance payments from customers in respect of their future flights and holidays. By Johandesilva
I see you are in Dart as well , and I agree the technicals look interesting , and maybe the share could be a good one for 2014 .
But interpreting the balance sheet may not be so straightforward . For example , I think the large amount of cash on hand is mostly advance payments by customers for future flights / services , and so in reality it is not Darts free cash .
I read an interesting assessment of Dart on Stockopedia , by Paul Scott who posts a daily blog on small caps and is worth following . His view was not so positive. Unfortunately his Dart blog was a few days ago and I cant find it right now , but may be worth trying to get hold of .
Not sure I expected a rocket but I seek stocks that should rise around 30%-50%. Thats why I am here and not FastJet. Thats why I am in Genel and not GKP. This way I prevent losses (I hope). So if it takes a year then 30% a year would give me an private pension (I have company pension too)...
DTG by the end of the year will have cash of around £250m, with a market cap of £320 so the business is valued at just £70m. That is *crazy* given the growth profile with planes bought every year. This time next year the cash could equal the current market cap!
Top pics for this cash generation strategy is right now DTG, GENL, NBU.
Other strategies are news driven eg all Fracking in the UK look good (iGas) and even ELA and later in 2015 there is FOGL. All these stocks are overvalued but the idea is to sell before people catch onto this news and the shares drop like SXX.
"difficult when Mr Meeson owns 38% . Hes single and has found his one true love! "
We can take positives from that. His reluctance to increase divi and focus on growth is reflected in the revenues. I have also emailed Dart regarding search engine optimization improvements for summer bookings in 2014 during this winter period. I would like to this see done soon so if anyone from the company reads this please look into this request. By Johandesilva
i wonder if Schroders are selling down their 20% stake in the wake of Richard Buxton's exit mid-year .the smaller companies fund largest holding currently is Dart with a stake of £15m. i dont know if their other funds hold any . this may be the reason for share price weakness . By valuemanbuyer
The bottom line as to why the SP is not performing looks to be an II seller looking to take profit as the large trades have been sells. With a good set of results they are dumping to happy holders at this level
12:05:24 222p 50,000 £111,000 Sell
Once cleared the I would think the results speak for themselves and the share starts o rise to 300p. We dont need to worry about the share price tanking as the cash gives the price less gravity.
half year profit 57
winter loss 16.5
net result 40.5
half year profit 78
winter loss 22 PREDICTED by me
Net result 56
These are last 3 lots of numbers.
I think we may get away with less than my 22 predicted.
Tiger By CASTLEFORD TIGER
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as warren buffet said, be greedy when others are fearful and fearful when others are greedy, this is a well run profitable company that fits the investment criteria of 7 top investors, if it stays above the 20 day ma then im sitting tight. should take support from the 50 day then break the 100 day soon.
ive been out since it dropped below its 20 day ma as that always rings alarm bells despite my long term view of this company being positive, the RNS was very cautious but did leave the impression that things were not great, it could have been written much better IMO. Will wait in the departure lounge for signs that this one is taking off again, excuse the pun :)
This company always gives a cautious statement at this stage and yet increases the profits every year.This year shouldn't be an exception. They have beaten the brokers estimates by a big margins regularly for many years now.