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Reality starting to happen On The Beach

By Chris Bailey | Tuesday 15 June 2021


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


It has been a while since I have actually been on a beach for various reasons, but as for the stock On The Beach (OTB) I have never owned any shares in ‘one of the UK’s leading online retailers of beach holidays’. So well done if you tripled your money in the name between late 2016 and mid-2018…and then shorted your holding all the way back by early last year. Today the shares sit in a halfway house point with the price just north of 350p, giving a market cap of around £550 million. You can guess the basic view of today’s first half numbers to the end of March.

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