Share Name Share Symbol Market Type Share ISIN Share Description
Thistle Hotels LSE:THO London Ordinary Share GB0006075203 ORD 25 13/20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p - - - - - - - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 0.00

Thistle Hotels Share Discussion Threads

Showing 301 to 322 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
12/6/2003
12:48
Anyone have details of Ian Burke at Thistles. If Bid for holmes place goes through he becomes chief exec. Who bought thisatles hotels ?
hotfinance14
01/5/2003
06:23
BIG BIL offering more. Good timing considering the state that the sector is in. Any higher? http://www.polskishop.com/1_05_03.htm
l2e
01/5/2003
06:21
BIG BIL offering more. Good timing considering the state that the sector is in. Any higher? http://www.polskishop.com/1_05_03.htm
l2e
29/4/2003
07:42
ghill: Agreed we need to sell and put new life into THO it's dead////////////////////////////////////////
singaporetho
29/4/2003
07:38
Sell the lot......
gchill
15/4/2003
17:21
Tg100, all the news you find abot THO seems to be doom and gloom. Try this to even things up a bit! THISTLE HOTELS PLC ("THISTLE") THISTLE SHAREHOLDERS SUPPORT THE REJECTION OF BIL INTERNATIONAL LIMITED'S ("BIL") OFFER The Board of Thistle* announces that shareholders representing more than 39 per cent. of Thistle's entire issued share capital, and more than 72 per cent. of the issued share capital not owned by BIL, have confirmed to Thistle that they do not intend to accept BIL's offer of 115 pence per Thistle Share. David Newbigging, Chairman of Thistle commented: "We are delighted to have received such a significant level of support from shareholders. This strongly reinforces our view that BIL's wholly inadequate offer significantly undervalues the Company."
oldtown
15/4/2003
16:43
15 April 2003 Thistle offers investors cash to shun BIL, talks ongoing Thistle Hotels says it will return 50p a share, or around £241m, to investors if they reject a £555m hostile bid from major stakeholder BIL International. In its first defence document, published yesterday, Thistle describes BIL's 115p a share offer as 'wholly inadequate' and maintains the Singaporean investment company is trying to buy the company 'on the cheap at a low point in the cycle'. Thistle argues that once its £367m cash pile has been stripped out, the offer prices its hotels at a 70% discount to net asset valuation. But BIL, which currently holds a 45.8% stake in Thistle, claims hotel asset values have declined as the industry suffers from the effects of the economic downturn and the Iraq war. In a statement it said: 'Geopolitical risk and global economic uncertainty are greater now than in the early 1990s and any recovery could take even longer...And we don't believe Thistle is currently positioned to derive the full benefit from any upturn.' However, Thistle chief executive, Ian Burke, insists property values, particularly in London, have held firm. He adds that the group has 'received approaches from a number parties regarding potential alternative transactions, including possible competing offers for the company and the disposal of certain hotels assets'. Thistle has recently tried to sell a package of six hotels, including the five-star Royal Horseguards and the Thistle Tower, to date without success. The hotel group's shares, down from 150p a year ago, rallied 2p to 118.5p Monday. >>oldtown - never do either - trade these(at moment no position) but post any info on here i find fwiw to others
ttg100
15/4/2003
12:11
By the desperate measures BIL are going to to try and get this through (re: News, laughably trying to convice people Thistle is in such a bad situation yet determined to buy it out) can we assume they have no chance of succeeding at the price they are offering?
qbatqbat
15/4/2003
11:42
A massive 71% etc. Well the remaining 29% happens to represent more than the entire population of the UK. Now are they going to visit France or Germany, I think not. My guess is that the majority will visit their loyal ally.
esmerelda
14/4/2003
23:10
Over two thirds of Americans 'not interested' in overseas travel A massive 71% of Americans are "not interested" in travelling overseas according to a survey by the Travel Industry Association of America (TIA). The organisation's latest War Impact Survey confirms that overseas destinations which rely on American tourists are likely to face a tough summer. Over two-thirds of Americans in the survey said they did not want to travel overseas, with 31% blaming the war and the weak economy. "We'll probably set two new records this year. The number of Americans travelling overseas may be at historic lows. And the number of Americans choosing to take a driving vacation within the US may approach all-time highs," said William S. Norman, president and chief executive of the TIA. And there also appears to be no sign of American business travellers planning more trips. According to the TIA survey more than one quarter (26%) said they would travel less or not at all this Spring or Summer compared to the same period in 2002, with just 9% saying they would travel more. Reasons given included reduced travel budgets (39%), no need to travel (38%), high cost of travel (29%), not wanting to be away from home (21%), and restriction of trips by employer (15%). In total 1,200 Americans took part in the web-based survey between March 20-25.
ttg100
14/4/2003
20:35
Q1. Given BIL's low opinion of Thistle and its trading outlook and long list of gloomy reasons why the shareholders should accept their offer. Why on earth do they wish to buy it? Q2. Why is their share of Thistle NAV valued so high in BIL's OWN ACCOUNTS? Q3. Why are they refusing to consider a sale even if at much higher level than their offer or disposals which would give a higher return to everyone. Draw your own conclusions, I think they are just GB's
bukko
14/4/2003
20:14
TTG100 no one could accuse you of ramping thistle could they!
oldtown
05/3/2003
10:04
thistle rejects bil offer....is their a higher offer to come? nice support from future bid holding up against a falling market but if the market cancels out the bid speculation....its a long way down from there? http://www.polskishop.com/05_03_03.htm#thistle
l2e
04/3/2003
18:06
THISTLE STUNG BY RATE FALLS 04 Mar 2003 15:16 THISTLE Hotels saw room rates plunge in 2002 as profits almost halved. The group said London rates fell by more than 10% as US visitors and corporate stays dried up, while overall rooms were 7% cheaper last year. This caused pre-tax profits to plunge from £49.1 million in 2001 to £27.9 million. Meanwhile, Thistle has rejected a bid from major shareholder Brierley Investments to buy the chain.
ttg100
04/3/2003
18:01
Tue 04 Mar 2003 Thistle rejects BIL's 115p per share offer BIL, formerly Brierley Investments, has made a cash offer of 115p a share, worth around £300m, to take full control of Thistle Hotels. It already owns around 45.8% of the chain. Thistle has rejected the offer, saying the offer 'is opportunistic and fails to deliver value for all shareholders' BIL said that it would carry out a 'strategic, operational and financial review' of Thistle. Last summer it was reported that BIL was looking to dispose of its stake in the hotel chain.
ttg100
01/3/2003
15:40
Thistle Hotels, Finals are out on Monday 3rd.
boram
24/2/2003
15:55
me! got it wrong again
boyblue
22/2/2003
17:00
holders...what does modest premium mean...has the market marked the shares too high....did anyone here pile in on the rush? http://www.polskishop.com/24_02_03.htm
l2e
22/2/2003
15:40
According to the FT this weekend the NAV for THO is between 170p and 200p. Why accept an offer for less than the NAV. Better still why not a premium to NAV?
aratrum
22/2/2003
09:14
http://www.e-tid.com/index.asp?URL=viewarticle.asp?id=19706 i have currently closed my short position for a profit but am looking to reshort again
ttg100
21/2/2003
18:01
BIL is taking advantage of a depressed market price to launch a bid. With a bank full of cash, and a portfolio of good quality locations, what is the true value of THO. Why let them get it on the cheap?
aratrum
21/2/2003
13:06
Well, a modest premium is better than no premium at all. 120p is my guess - Will that be sufficient? What with Hugh Osmond's attack upon 6C & now this possoible take-out of THO, what will be the hotel fanciers next call. Well, Jack Petchey has 29.6% of Jarvis Hotels that he must be itching to pass on at a reasonable turn - so JVH @ 105p has to be a good trade surely.....
skyship
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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