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Share Name Share Symbol Market Type Share ISIN Share Description
Elegant Hot LSE:EHG London Ordinary Share GB00BWXSNY91 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 69.00p 68.00p 70.00p 69.00p 68.50p 69.00p 10,210 12:13:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 44.7 8.2 7.7 8.6 58.35

Elegant Hot Share Discussion Threads

Showing 901 to 925 of 925 messages
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
DateSubjectAuthorDiscuss
21/11/2018
09:17
https://www.stlucianewsonline.com/sandals-continues-unprecedented-barbados-expansion/
lbo
01/11/2018
12:09
And glad we didn't listen to you about Airbnb not being competitionhttp://www.nationnews.com/nationnews/news/185715/airbnb
lbo
31/10/2018
18:36
Don't hold so only occasionally look on here but glad I filtered LBO!
salchow
26/10/2018
15:19
Chatrani was paid total $380,000 in 2016/17 and $342,000 in 2015/16 including bonuses and benefits and you think having only a 2% shareholding aligns interests with the others who own 98% and have seen their shares fall from £1 since IPO. Jeff Singleton got a $143k bonus last year "Both Sunil Chatrani and Jeff Singleton received a bonus equal to 15% of salary during the year for the achievement of certain Group targets. Jeff Singleton received an additional one-off bonus equal to 50% of his salary due to his joining arrangements on appointment to the Board. This bonus is payable in two equal instalments in January 2018 and January 2019"
lbo
26/10/2018
11:19
It might be if he had some 10's of thousand of shares in EHG but he has over £1m tied up in them (and his options are over 440k shares - less than a quarter of what he currently holds). He hasn't sold a single share since IPO. I don't think it's unreasonable that he released some capital on the IPO, especially when he retains such a significant stake in the success of the business. Even directors need some diversification of their net worth.
stemis
26/10/2018
10:46
Don't forget all the free options under the LTIP but very interesting he not buying more shares down here or at the very least buying back the ones he sold since the IPO at £1
lbo
26/10/2018
09:57
Chatrani had 2.47m shares before the IPO and now has 1.85m, so 75% of what he had before the IPO.
stemis
26/10/2018
09:09
A fraction of what he owned before the IPO
lbo
26/10/2018
08:56
CEO, Sunil Chatrani has 1.85m shares. That's £1.1m tied up in EHG stock. His salary is £230k. Plenty of skin in the game...
stemis
26/10/2018
07:09
Also If management believe the property valuation to be true then why are they not increasing their shareholding's significantly themselves? Fact is management reduced theirs shareholdings on IPO and even now with the share price below IPO they have not bought them all back or in fact many at all. Also if the valuation was correct then they should stop paying dividends immediately and start repurchasing shares on the open market as this would create a lot more shareholder value.
lbo
26/10/2018
07:07
Scandals will manifest in all areas of business, probably more so AIM given it's relatively lightly regulated, however the crux is the 'bezzle' having risen late in the business cycle: hxxps://moneyfyi.wordpress.com/2013/11/15/5358/
edmondj
26/10/2018
07:00
Think you will find a lot more scandals on AIM then just Patisserie and especially when it comes to foreign companies that are listed on AIM which the FT refers to as 'a loosely regulated wild west of a market choc-a-bloc with ventures with short trading histories and shaky governance'https://www.ft.com/content/22de88f0-d2dc-11e8-a9f2-7574db66bcd5
lbo
25/10/2018
16:54
My interest is disclosed; I'm a holder. What is yours? You've posted the majority of posts on this board yet you claim to have no financial interest. The difference between you and I is that I don't post hundreds and hundreds of (in your case negative) posts. I'm happy to engage in discussion but not on the basis that you can't trust professional valuations of the hotel because....look what happened to Pattiserie Valerie.
stemis
25/10/2018
16:08
Quid Pro QuoI wouldn't bother engaging with rampers like you. You have some sort of obvious affinity/vested interest in only talking up the company and shouting down anyone who points to the risks. Even if they discovered a hole in the accounts you would be claiming it would not be an issue as the Hotels still existed and were not depreciating assets which need massive Cap Ex and that their underlying values were fixed and not based on EBITDA and like the palm trees growing towards the Bajan skies their valuations were only going up! ROFLMAO
lbo
25/10/2018
15:28
https://barbadostoday.bb/2018/09/13/more-visitors-less-spending-continues/
lbo
25/10/2018
15:10
Trying to think if of any more negatives that you may have missed.God forbid any air conditioning units breakdown or rum punches getting spilt. I wouldn't bother engaging with LBO; he has some sort of grudge against the company. Even if they discovered gold under one of their hotel LBO would be claiming it would be worthless as the price of gold was probably going to fall to zero...
stemis
25/10/2018
15:00
https://www.hotelbusiness.com/caribbean-hotel-profits-were-suffering-pre-hurricanes-cbre-report/
lbo
25/10/2018
14:54
Thanks for highlighting the extra competition not only from Sandals in Barbados but from other Caribbean destinations which seem to be attracting tourists and growing perhaps at the expense of Barbados and also the extra hotel room supply that is coming on stream when Elegant Hotels is already showing lower occupancy rates then its competitors. Also thanks for highlighting that Sandals ADR $550 is above Elegant in Barbados which is only $433. Also sounds like Elegant will need to significantly increase its Capex to be able to reposition it's offering and compete with all that increase in competition.
lbo
25/10/2018
14:31
No thanks,life is too short.The debt is cheap compared Sandals. Sandals has aimed to capitalize on the recent Caribbean tourism surge. According to the Caribbean Tourism Organization, visitor numbers hit a record 29.3 million. Meanwhile, 41,000 new rooms are currently under construction or being planned in the region hTtps://www.hotelmanagement.net/financing/sandals-resorts-talks-wall-street-for-caribbean-expansion-funding
shauney2
25/10/2018
14:16
Debt is real and only falls when it’s repaid unlike the market value of the properties which is not and can fall or be reduced significantly overnight due to many external and internal economic factors. The net asset value is only “implied”; and the property valuation is based on a a CBRE opinion at a specific time and reliant on a number of very important assumptions. I suggest you read the fine print on the CBRE report. Do you know what the NAV of Patisserie Holdings was before it was suspended and found to have no cash at all!?
lbo
25/10/2018
13:57
Trying to think if of any more negatives that you may have missed.God forbid any air conditioning units breakdown or rum punches getting spilt. Shall we have a glass half full moment here. So what about taking the debt off the NAV? "Based on net debt of $72.3 million as at 31 March 2018, this equates to an implied net asset value (NAV) of approximately $177.2 million (199 cents per share or 143 pence share, based on an exchange rate of £1 : $1.40)" So take 10% off from the lower dollar since and take a whopping 30p off in case they over valued the properties = NAV of 100p a share. Having been to Barbados a few times you would appreciate how slow they are to build anything.Having all them hotels in situ they are genuine assets.Sandels in Gap was a reincarnation of another hotel.
shauney2
25/10/2018
12:29
Other issue beside the weak hotel occupancy and the weak sterling is the US denominated debt and it's rising interest costs and it's due to be repaid soonFrom the last annual report; Sensitivity analysisAn increase of 100 basis points in interest rates would decrease profit or loss by $0.7 million on an annual basis. This analysis assumes that all other variables, in particular foreign currency rates, remain constant.The financial liabilities which have a contractual maturity greater than one year are the Group's loans and borrowings. Including estimated interest payments and excluding the effect of netting agreements, the payments due in relation to the Group's loans and borrowings are $8.6 million due within one year and $68.6 million due between one and five years (2016: $7.0 million due within one year and $65.1 million due between one and five years) (ie 2020)Then from the interimsThe Group has third party debt with the Scotiabank in the form of a loan facility of $65.2 million. In addition, the Group has an overdraft facility of $10 million, of which $3.9 million was drawn down at 31 March 2018, and a revolving credit facility of $5 million, of which $4.3 million was drawn down at 31 March 2018. The Group also has a vendor loan remaining in relation to the Waves acquisition of $1 million. Net finance costs increased by $0.4 million as a result of movements in the US LIBOR rate (from an average of circa 75 basis points in H1 2017 to an average of circa 155 basis points in H1 2018)
lbo
25/10/2018
09:21
Elegant main customer base is UK, yes I will agree with that and go further to say the broader Bajan base is in fact UK. Sandals is indeed stiff competition for ehg, I don't think that can be denied either. I can see potential downside in the near term, but medium to long term seems safe to me.
cmackay
25/10/2018
09:06
Maybe so but would appear most of that the US market if choosing Barbados is staying elsewhere like in Sandals not Elegant Hotels. Elegant Hotels reported only 67% Occupancy in its interim results. Also Elegants main customer base is still UK based. From the interims also "The UK remains the Group's primary market, accounting for 72% of room nights"https://barbadostoday.bb/2018/08/28/sandals-barbados-goes-on-the-radio/It may be the proverbial slow season in the tourist industry, but both Sandals Barbados and the upscale Sandals Royal resorts are enjoying high levels of occupancy, attributed in part to its promotional efforts in major international markets over the past year."Today we are at 81 per cent occupancy for both resorts, and those figures rarely drop; in fact, last week we were at 100 per cent," General Manager Ferry Zievinger told journalists, as the Sandals Royal resort entertained hosts drawn from 19 radio stations from key markets in the United States this morning.
lbo
24/10/2018
20:26
I think Dec-Feb will be very strong from US and Canadian visitors. It's the usual busy spell.
cmackay
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
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