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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Action Hotels | AHCG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 23.20 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 23.20 | 23.20 |
| Top Posts |
|---|
Posted at 18/3/2018 12:28 by jpmorgan My take/interpretation on latest bit of news out in few months:Agree Charts are poooor...Not much demand for shares until growth is proven again. Al Sabah family now have 72% of the company as of 25th March having bought 7% from Blakenny LLP at 23p. Float in December 2013 was 64p and raised £30.5m. Market cap c25m now at 19p. Financial Issues: The trading update in terms of sales was in expected lower range, but the operating profits were impacted notably. The execution costs on development pipeline is in short term are not brilliant with high depreciation costs, interest bill, etc. The final also likely also excluded a $1.2m rent waiver. So overall wrong direction but manageable via current structures. The company has 2276 rooms and looking to add Melbourne (376 rooms) from April 2018, and Oloya Riyadh and Dubai Creek in 2019 and adding 336 rooms approx so in 2020 will have c3000 rooms. The key value until the piepline is complete is NAV is still estimated at 109p. If the company/assets were for sale would they achieve this? Probability looks positive in this regards, but low probability of this occuring in short term in terms of a sale (even single units). More likely the Al Sabah family buy out minority shareholders at a low price if Melbourne opens well, and this is not get reflected on the OMV share price. It looks like the company by focusing resources on less developments, reducing dividends will be able to complete the confirmed pipeline within existing financial resources. If Melbourne can get a stable high occupancy rate as other australian properties this increase in rooms could move the needle in a positive direction with continuing contributions from other recently opened hotels increasing sales. The busines model and split of locations looks still to be intact at a local operating level. The group also needs to be considered on a property NAV level over long time period for a fairer valuation, but this question if this feasible with corporate structure. Am retaining my small holding which has no influence on AHCG, as a potential turn on 12 month view is there and also trust in CEO and keep in touch with travel market . Will not increase further till get further information from formal results, melbourne hotel opening, and more clarity with management/al sabah family on strategy in terms of long term financing now significant scale ane execution risks subside. |
Posted at 15/2/2016 11:29 by cascudi according to the chariman own 65% of the company (44m£) .. that is a lot |
Posted at 11/5/2015 10:07 by dros1 Market Cap: £86m; Current Price: 58.5p•Finals slightly below but dividend in line •Revenue was +26% to $38m on the back of a 9% increase in the average daily rate (ADR) to $113, a 5% increase in revenue per available room (RevPAR) to $84 and average occupancy increased by 1% to 78% on a l-f-l basis YoY. Although a commendable performance where Adjusted EBITDA increased by 34% YoY to $11.3m this was c.6.5% below consensus for FY14. Final dividend increased by 126% to 1.45p taking the total to 2.17p and in line with expectations and points to a dividend yield of c.3.7% at the current price. •1Q15 has started well where ADR was +3% YoY to $111 though marginally below the FY14 ADR of $113 we ascribe this to seasonality and expect ADR to increase throughout the year. Revenue was +22% compared to the same period in the prior year. Consensus is looking for c.57% YoY revenue growth which implies the business has a lot to do in the remainder of the year in order to meet forecasts for FY15. •The group also appointed a new CFO, Krish Sundaresan, who comes with a wealth of experience in senior finance positions at international companies in the Middle East, Singapore, Japan, Australia and India. These are also key areas of expansion for the group. NORTHLAND CAPITAL PARTNERS VIEW: The hotel portfolio continues to expand in high growth regions though the share price is not particularly undemanding at c. 18x FY14 EV/EBITDA in our view. Finals are slightly below expectations though the business still produced a strong performance and finally an improving dividend at current price levels implies a yield closer to 4% which should attract attention. |
Posted at 21/4/2015 13:02 by eekorehc Should hopefully be good taking what they said in January. IMOAction Hotels, a leading owner, developer and asset manager of branded three and four star hotels in the Middle East and Australia, is pleased to update the market on its operational trading performance for the year ended 31 December 2014. The 6 operational hotels (including the Holiday Inn Muscat in its maiden year of operation) delivered strong performance with revenue per available room ("RevPAR") for the year increased by 3.7% to $84 (2013: $81). Both Kuwaiti hotels delivered average occupancy for the period in excess of 80% and across the portfolio occupancy levels continue to be in line with management expectations. Gross Operating Profit ("GOP") from operating hotels across the portfolio increased by over 20% which reflects the Company's focus on revenue management and increased efficiencies. Total current operating room count is 1,488, a 32% increase on hotel stock, with a pipeline of a further 8 hotels taking total room count to 2,835 by 2017, a 319 room increase from the stated plan at the time of the IPO in December 2013. The Company will announce its audited final results for the year ended 31 December 2014 in April 2015 when it will also declare its final dividend. Fo |
Posted at 05/3/2015 12:42 by m.t.glass Shares Magazine devotes a page to AHCG today and labels it a BUY. |
Posted at 21/1/2015 11:23 by mach100 You might have time that exit well M.T. There are sells today at 59p so people are getting bored. I think you raise some pertinent concerns tbf.I have been to a presentation of this one and saw it as interesting especially in light of the divi. However I am not sold on the business model. If I opened four hotels in Kings x in London, they are sure to be profitable but would they warrant a listing? Those buying in will get a nice discount to the director buy at 69p so a further dip into the market by a director or more falls would make this more interesting. |
Posted at 21/1/2015 10:44 by fruitninja84 I can't bring myself to dump these! I'm sitting on a 5% loss but it's trading way below its NAV pays a divi, in a growing market, people always need accommodation ect ect. HY interims were a good, I could be wrong and worse case the company delistes. I'm only 0.1% of my portfolio in this but happy with it. |
Posted at 20/1/2015 12:03 by m.t.glass Ditched the last of my AHCG this morning (for now at least). I still like the story, but am wary of companies that are a listed subsidiary of an unlisted holdings company that is in a position to cream off profits when acting as middleman on property deals. I don't know if it's fair to think that might be happening here, but I have better uses for my money elsewhere. |
Posted at 15/9/2014 12:23 by m.t.glass Action Hotels PLC’s “Buy” Rating Reaffirmed at Sanlam Securities (AHCG)Posted by Seth Barnet on Sep 15th, 2014 Action Hotels PLC (LON:AHCG)‘s stock had its “buy” rating restated by research analysts at Sanlam Securities in a report released on Monday. They currently have a GBX 96 ($1.56) price target on the stock. Sanlam Securities’ price target suggests a potential upside of 40.15% from the company’s current price. Shares of Action Hotels PLC (LON:AHCG) opened at 69.30 on Monday. Action Hotels PLC has a 1-year low of GBX 57.00 and a 1-year high of GBX 80.95. The stock’s 50-day moving average is GBX 69.05 and its 200-day moving average is GBX 69.84. A number of other firms have also recently commented on AHCG. Analysts at FinnCap reiterated a “corporateR |
Posted at 02/6/2014 22:14 by philanderer Still no dividend into my account !As set out in the Company's admission document dated 17 December 2013, the Board intends to propose a final dividend in respect of the year ended 31 December 2013 of 0.96p per share which is expected to be paid on 30 May 2013, subject to approval of the dividend at the Company's annual general meeting which is expected to occur on 29 May 2013. It is expected that the Company's ordinary shares will be marked ex-entitlement to such dividend on 7 May 2014 and the dividend will be payable to all shareholders on the Company's share register at the close of business on 9 May 2014. Save that, as announced at the time of the Company's admission to trading on AIM, the major shareholder, Action Group Holding Company (K.S.C.C), has waived its entitlement to this dividend. |
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