Hope they don’t put too much back eh
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I am guessing the uptake was fairly popular given where the sp has headed.
I've decided to clear the table and sell some loss making companies that always seem to raise money at huge discounts to go full tilt at the Serko offer. Somehow I can't see the SP dropping to the raise price as they often do. Too many holders with big parcels are holding on tight. So investors who want to be part of the Serko story have to go to the market.
Booking.com crushed earnings today. Expedia etc not as impressive.
Not a lot of strength on either side of the table so could go either way depending on where the lurkers are.
Hold trajectory is pretty consistent though.
Like you, I have decided diversification is overrated! Hopefully, they continue to deliver what they say they will and we can all retire happily-ever-after.
I don't remember the exact quote but from one of my favourite shows Billions but Chuck Rhoades Sr said "If you're sitting on a monster you're riding it hard". I admit he lost a lot of his (and juniors) money in the Ice Juice IPO but sometimes you just have to take risks to reap the rewards.
Thanks for posting. Found this article comparing Booking.com to Expedia v informative.
Re Diversification being over rated, I like the saying attributed to Buffet (?) and paraphrased.. "if you have all your eggs in a few baskets, you need to watch those baskets carefully." (or words to that effect.)
SKO currently 25% of my portfolio.
Here's the media link for those interested to read more...
Booking Holdings +4% off strong room nights growth
https://seekingalpha.com/news/351664...-nights-growth
Booking/Agoda is my main source for finding and booking accommodation, although I also use AirBnB as well as Accor & Archipelago (Indonesia).
I could be the reason for the uplift this year as have made 55 booking!
Meanwhile happy with the SP appreciation of recent weeks and hoping for a reasonable pull back over the next few months (to buy some more SKO)