SKO - Serko. (Travel industry SAS)

[Left Field]

And holders likely happy that TA downslide has been halted with the $2.06 low unlikely to be revisited.

[Left Field]

And holders happy today....SKO top of the NZX leader board..
up 8% or 21c to $2.75

SKO now up 33% from 12mnth low of $2.06

[Pierre]

Yep, good news LF. Unfortunately there's still a long way to go to reach the heady days of $8+ in 2021 though!😀

[Teitei]

And holders happy today....SKO top of the NZX leader board..
up 8% or 21c to $2.75

SKO now up 33% from 12mnth low of $2.06

Did not stay low long enough.  Would have been even better if the sp fell below $2.00.

Anyway, cannot be greedy - picked up enough at average of $2.23 but as usual, would have liked to pick up more.

One of the few stories in NZ with almost unlimited potential to leverage off the rapidly recovering and soon, back to fast growing travel & accommodation global industry.

[Left Field]

Yep, good news LF. Unfortunately there's still a long way to go to reach the heady days of $8+ in 2021 though!😀

If your DCA is nice n low then it's all up from here.....

( and you're the one who taught me patience.....$8 would be great.) 

[Pierre]

Thanks LF. Patience has certainly been sorely tested over the past year or so but I've been hanging in with most companies in my portfolio. Really good to see SKO heading north again - and potential for much more growth as the travel industry gets back on its feet (or in the air).

[Teitei]

SKO has made some investors (myself included) a lot of money and I have every confidence that the stock will make shareholders a lot more in the next few years.

Diligent Boardbook comes to mind when investors question SkO's strategy. So many NZ investors failed to understand and appreciate its potential, leaving the offshore investors to reap the huge returns from Diligent.

[Left Field]

Teitei - hope you are right. Well entrenched in the travel industry and I like the way the company has managed its way through the tough times recently..... heading to profitability hopefully in 2024.. or so.

Pierre - Must admit I haven't been all that patient with this one. More cautious really....I first purchased in Nov 2017 at $1.45 then sold out in August 2021 around $7.10.....  I didn't take part in their last cap raise.

Re-entered on the recent news in Jan with my DCA now at $2.30. So far so good!

[Teitei]

Teitei - hope you are right. Well entrenched in the travel industry and I like the way the company has managed its way through the tough times recently..... heading to profitability hopefully in 2024.. or so.

Pierre - Must admit I haven't been all that patient with this one. More cautious really....I first purchased in Nov 2017 at $1.45 then sold out in August 2021 around $7.10..... and I didn't take part in their last cap raise.

Re-entered on the recent news in Jan with my DCA now at $2.30. So far so good!

Got to watch the liquidity with the stock.

Price action in recent months was driven by one big sell order (1.5m shares) which sent the sp tumbling until it was taken out on 23 January.

That was the time to jump in and there's still plenty of upside ahead imo.

Watch out now for the buyer of the 1.5m shares to trade out some of the cheap stock at around $2.50 imo.

[entrep]

Great posts on a few threads this morning @Teitei

[Teitei]

Got to watch the liquidity with the stock.

Price action in recent months was driven by one big sell order (1.5m shares) which sent the sp tumbling until it was taken out on 23 January.

That was the time to jump in and there's still plenty of upside ahead imo.

Watch out now for the buyer of the 1.5m shares to trade out some of the cheap stock at around $2.50 imo.

Harbour Asset Management & Jarden took the opportunity of the low share price to pick up most of the 1.5m shares.

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/SKO/406262/387998.pdf

[Left Field]

Interesting article on post covid era tourism.

https://edition.cnn.com/travel/article/europe-vacation-booked-solid/index.html

All good for SKO.

[Left Field]

On the leaderboard today after a long long absence.

[Left Field]

SKO seem a bit puzzled about the implications of this new partnership? SKO Blindsided?

https://www.nzx.com/announcements/411297

[Left Field]

Well what do we know!!??

Market likes it...... top of the leader board at the moment.... up 10c or 4%