Fantasy returns | Dividend appeal | Flying high
A small cap publisher covered here delivered another positive trading update, bringing more upgrades. The valuation continues to look appealing, as you can discover here. Elsewhere, the reinstatement of the dividend by a unloved financial services group brought a strong bounce from the shares, while AIM’s leisure travel giant is also trading well. We were also introduced to a new financial term, which hasn’t gone down well! Read on here for our forthright opinion on this and other news. (Premium)
Jet2: trading ahead again A positive update from leisure travel group Jet2 (AIM:JET2) suggests that UK consumers continue to prioritise escape to sunnier climes. We took a close look at Jet2’s interim results here. Against a 20.5% increase in on sale seat capacity, Jet2 has now reported that Winter 2023/24 forward bookings are up by 17%, with average pricing for both flight-only and package holiday products remaining robust. The mix of higher margin per passenger package holiday customers is also slightly ahead of last Winter at approximately 60%. With February and March 2024 bookings displaying similar trends to recent months, plus…