Trading update and Vision 2030,aiming to go from 12,000 rooms to 21,000 rooms (actual and under construction) Share buy- back of €25 million. |
Money moving to GNC |
Looks good for the future. A strong buy at these levels IMO |
Very robust interims. |
Yeah. They have hotels in Ireland and in the EU as well as what's left of the UK |
Hang on to these. Should rise in coming months. Environment good for hotels this year |
Ramping up bed capacity in London,two hotels in four months,impressive. |
Indeed - looking good.
Largest shareholder breached the 10% mark recently having been inactive for a long period. |
I think it's had it's can of spinach. |
I think it's a mix of uncertainty due to covid+recession+disposal+acquisition. Over the last year, the spread on the share price is totally unreal and the value of my interest yoyo's throughout the day -but Ive gotten used to it now. |
Euro per Irish press reports.
Davy also strong on their outlook
Hard to explain the recent weakness but the fundamentals look very strong |
Strong trading update. |
Looking at recent rns's, and it appears that FMR have been gently reducing their holding. |
Surely the share price is not moving on the expectation that they're going to sign a contract with the government for mandatory quarantining? |
Up 43% on my purchase here.
Should have bought more.
Salty |
Delta flying! Happy days...
Salty |
That placing was swift. |
So Buffet sold out of airlines and the share prices have now really started to take off (scuse the pun!). Nice that for once it looks like I was right and he was wrong! Might regret writing that mind you...
Salty. |
Bought some Delta Stock @ $23 last week. I’d seen the coverage of Buffet adding to his holding the week before at $42 and thought it would be nice to beat him on purchase price! This is a long term investment and, if they manage to remain out of government hands, it should pay off handsomely at some point in the future.
Salty |
I had trouble buying today, could only get £2k at a time, are they generally this tight and with 5% spread? Definitely in demand today whatever. |
That Tara towers deal looks really beneficial for the company |
Fairly pleased with the interim results today. Highlights are as follows:
- Revenue up 10.6%
- Adjusted EBITDA up 12.0%
- Profit before tax up 8.3%
- Maiden dividend declared (3c per share)
- Pipeline of 2,800 additional rooms to be added between now and 2021 (Dublin, Cork, Newcastle, London, Birmingham, Manchester, Bristol)
Management show every sign of executing their ambitious expansion plans successfully and building a distinctive portfolio of in-house brands.
On a 3-5 year view I see this share as a nice growth prospect with the added bonus of a healthy, cash-generative model to support sustainable increases in the dividend over time. BUY. |
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