WEB - Web Travel Group

[finicky]

I was referring to recent price action yes. The last two bars in particular don't match.

Not to make too much of it and no need to pursue it, but I am still perplexed. Had another quick but intense stare at them and I can see no mismatch of the last two weekly bars of the two charts. I can see a mismatch in the third last bar of the two weekly charts.
On the dailies it's weird, it looks like all the days before the last 10 bars, i.e all the days before 23/9, are printing roughly a dollar too high on the trading view chart cf the other charts. Then trading view corrects on the 23/9 with the gap down. The CommSec and Bigcharts daily charts again are the same.
Looks like it's explained by Dona's post? Although I'm not sure how. His post implies that trading view is the only right chart and I looked on another forum and there was a poster complaining about the steep drop in share price on the 23/9 and another explaining it was the demerger.
Thinks to himself, "why am I doing this? Stop, stop now before it's too late"

 

[Dona Ferentes]

margins .. oh dear. 30 per cent

First half TTV margins were now 60 basis points worse than expected,, while EBITDA margins were lower by 600 basis points than what the company had guided in late August.

The combination of the two factors means that implied first half EBITDA is 22 per cent lower than consensus expectations.

and down

 

[finicky]

Broker moves

• WEB Travel Cut to Hold at Morgans Financial Limited; PT A$5.25
• WEB Travel Cut to Neutral at Citi; PT A$5.55

Not Held

 

[Captain_Chaza]

Who On Earth Would HOLD this if not Caught Out and Lost at Sea

Why Don't they say BUY?

 

[Dona Ferentes]

market moves

Web Travel Group has been required by its auditor to change its previous financial reporting.

Shares have slipped 2.9 per cent coming out of a trading halt.

 

[Dona Ferentes]

a well received set of results today - up 13 per cent

• WebBeds TTV up 25% compared to 1H24, with significant variations of growth driven by geographic differences and customer mix
• Resultant TTV margin was consequently impacted by those variations. Group Revenue up 1% on 1H24; Expenses up 8% reflecting planned investment in headcount and technology; Underlying Group EBITDA down 8%.
• TTV margin was additionally negatively impacted by the collapse of FTI, the Paris Olympics and European football championships and underestimated customer incentive payments.
• It is expected that TTV margins will stabilise at c.6.5% along with a continued TTV target of $10 billion in FY30, and c. 50% EBITDA margins to deliver profitable growth.
• Underlying Group EBITDA $70.0 million reflects corporate costs ($7.5 m; 1H24 $11.0m).Underlying Group NPAT $52.5 million
• Strong capital position. $510 million cash; further $19 million spent on equity linked financial assets with exposure now to 8.4 million WEB shares; undertaking capital management initiatives in 2H25
• In the first 7 weeks of trading for 2H25, TTV is up 23% and TTV margins were at 6.5% in October. Based on current trading, we expect FY25 EBITDA to be between $117 - $122 million.