25/09/2024 09:11

Webjet Limited (WEB) $7.15 & Webjet Group (WJL) $0.86

This week, Webjet, which housed a business-to-consumer platform (www.webjet.com.au) + a couple of other consumer brands, and a business-to-business platform (www.webbeds.com.au) parted ways. WEB shareholders received 1 new share in WJL while retaining a share in WEB, with the combined value worth roughly the same amount.

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30/08/2024 09:37

Webjet Ltd (WEB) $7.80

Online travel company WEB fell 5.6% on Thursday after it delivered a weaker-than-expected trading update at its AGM.  The majority of the information offered at the AGM was already known to investors from its results published in May of this year. However, the devil is in the details, as they say, and in the case of WEB, it was how FY25 is tracking thus far:

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27/08/2024 09:42

Webjet Ltd (WEB) $8.15

We covered WEB in July (here) following a solid result in May, and news they are considering demerging two parts of their business, which we think is a good move, that will unlock value.

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18/07/2024 09:41

Webjet Ltd (WEB) $9.10

WEB delivered an impressive result in late May and the news that they are considering demerging their business 2 business (B2B) division, which is growing more strongly than their business 2 consumer (B2C) operation, was exciting from a valuation perspective, i.e. The view being that two standalone franchises would be more highly valued than the combined entity saw the market spike the stock up towards $10 before calm returned

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22/05/2024 16:43

Webjet (WEB) $9.09

WEB +7.7%: An impressive (but previously flagged) update from WEB today with their FY24 results coming in line with expectations, however, news they are looking to demerge their business 2 business (B2B) division that is growing more strongly from their business 2 consumer (B2C) operation, which has been solid but not spectacular. The concept that a standalone franchise would be more highly valued than the combined entity saw the market bid up the stock.

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26/03/2024 09:11

Webjet Ltd (WEB) $8.90

WEB advanced +1.8% on Monday, taking its year-to-date gain to an impressive +19.1%, making it the sector's standout performer following its well-received strategy day last week. The company's growth is expected to come from its WebBeds segment, with the business-to-business (B2B) strategy focusing on aggregating available accommodation and distributing it through travel agents.

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21/03/2024 16:46

Webjet (WEB) $8.69

WEB +9.17%: the online travel company hit their highest level since 2020 today on the back of some positive takeaways from its strategy day. The presentations focussed on their WebBeds business, the segment the company expects to grow most significantly over the next few years.

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31/10/2023 09:15

Webjet Ltd (WEB) $5.98

WEB was one of a number of travel stocks advancing higher on Monday, with Flight Centre (FLT), Corporate Travel (CTD), and QANTAS (QAN) also closing higher on a tough Monday. WEB has already corrected 25% from its August high, amplifying weakness across the index.

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27/04/2023 09:37

Webjet Ltd (WEB) $7.48

As I sure most subscribers know Webjet is engaged in the digital travel business across both global consumer markets and wholesale markets i.e. book your holiday all online. WEB has ridden the reopening wave extremely well having delivered a better-than-expected first-half report in late 2022, from a sector perspective we prefer WEB’s online offering to Flight Centre’s (FLT) primarily shop front alternative but the desperate capital raising through COVID leaves lots of shares on the register with many long from $1.70.

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18/11/2022 08:57

Webjet Ltd (WEB)

On-line travel business Webjet (WEB) surged +10.14% yesterday following a better-than-expected first-half report. Revenue was 77% of pre-COVID levels while costs appear well controlled. From a sector perspective, WEB is now evolving as a far better play than rival Flight Centre (FLT) as Australians start to travel as pandemic restrictions...

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