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
  -1.00p -1.18% 84.00p 83.00p 85.00p 85.00p 83.50p 83.50p 79,974 15:50:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 43.9 12.2 10.1 8.5 71.04

Elegant Hot Share Discussion Threads

Showing 676 to 700 of 700 messages
Chat Pages: 28  27  26  25  24  23  22  21  20  19  18  17  Older
DateSubjectAuthorDiscuss
14/12/2017
08:46
The problem is Elegant Hotels are consistently underperforming and the problems are more internal then external. The performance of most of the platinum West Coast hotels was flat last year while United Kingdom had arrivals growth of 0.7 per cent but Elegant Hotels occupancy fell again. https://www.virginholidays.co.uk/destinations/caribbean/barbados/sandals-barbados-offers https://youtu.be/qLy8Bflfxzg
lbo
14/12/2017
08:36
LBO,do you think Virgin are a charter for Sandals.What about looking it as a positive read across to other resorts?
shauney2
14/12/2017
07:18
Sandals have consistently been reporting higher occupancy rates then Elegant hotel over the last year and now with a new opening are again also predicting higher occupancy rates over both properties so not sure the extra airlift is benefiting Elegant but rather it's competition. https://www.barbadosadvocate.com/news/sandals-royal-barbados-target Speaking about bookings for the 2017 winter season, Hinds stated that at “the existing property, Sandals Barbados, bookings have been very good, sold. We have ran in the high 90s for the beginning of the season and the spill off into Sandals Royal, we are probably going to open around 80, 82 per cent in the opening week, but the bookings looking at the trend seems to rise coming into January. Both hotels should be at full occupancy or thereabouts”.
lbo
13/12/2017
10:49
Buy’ Elegant Hotels on flight boost Liberum believes 8%-yielding Elegant Hotels (EHGE) can receive a boost from Virgin Atlantic’s launch of direct flights from Heathrow to Barbados, starting today. Elegant Hotels operates seven resorts in Barbados, where 11 Virgin Atlantic flights a week will now land, from three UK airports. Analyst Wayne Brown rates the shares a ‘buy’ on a £100p price target. The shares fell 2.2% to 84.6p yesterday. ‘The shares offer an 8% dividend yield, and valued at c.33% discount to our net asset value calculation,’ he said. ‘The market share the group commands on Barbados, its sales and marketing office and its significant asset-backing all support a much higher valuation, let alone the opportunity to see material earnings upgrades over the next few years.’
jeff h
05/12/2017
18:27
Withholding TaxesThe potential withholding tax measures under consideration in the document "provide for a more restrictive tax treatment for certain outbound payments when these have been made to individuals or legal persons located in third-country lists for tax purposes."The participation exemption rule applies to dividends paid to shareholders that hold "a given percentage of a company's stock." These exemptions are allowed via the EU Parent-Subsidy Directive."A possible countermeasure could provide for denial or limitation of the tax exemption if the foreign entity that pays the dividends is located in a listed jurisdiction," the document said.
lbo
05/12/2017
17:03
Lol,do you really think the EU would hinder in any way all the trading they do with the UAE?
shauney2
05/12/2017
16:46
The EU today blacklisted 17 tax havens in a move that could see the jurisdictions subjected to a raft of sanctions from member states. American Samoa, Bahrain, Barbados, Grenada, Guam, South Korea, Macau, Marshall Islands, Mongolia, Namibia, Palau, Panama, Saint Lucia, Samoa, Trinidad and Tobago, Tunisia and the United Arab Emirates are the countries listed, officials said. Blacklisted countries face wide-ranging sanctions including the loss of access to EU funds, French finance minister Bruno Le Maire said.
lbo
05/12/2017
16:43
http://www.cityam.com/276950/eu-blacklists-17-tax-havens-failing-comply-tax-transparency
lbo
05/12/2017
08:52
I never said he was right or wrong about anything. I did say Elegant Resorts was a travel agent and I also said some of his other comments were interesting. And property values can fall but unlike debt which does not until it's repaid. We also know it's debt is US denominated and the interest rate is floating so interest payments are now rising. We also know "Loan amortisation of $5.2m per year commenced in February 2017"
lbo
05/12/2017
08:39
I stayed at Waves. It was for a friend's wedding and we didn't visit any of their other hotels that they allow you to go between.
samdb
05/12/2017
08:28
Ah, so he's right when it supports your agenda but wrong when he doesn't. I guess this 'placing' is going to be your new scare story. EHG is essentially a property company. LTV is about 36% or as low as 23% if the 2015 property valuation is used. Don't really see that as particularly stretched. The only reason I could see EHG doing any sort of equity fund raising is to finance a major acquisition, but shareholders would then benefit from such acquisition.
stemis
05/12/2017
07:55
He is still using the 2015 CBRE valuations which were based on higher occupancies and EBITDA back then for the legacy properties. Also on a post refurb per room valuation for the more recent Waves and Treasure beach and that being applied across the portfolio would result in a much lower valuation. http://www.cbrehotels.com/EN/PressCentre/Pages/Caribbean-Hotel-Profits-Suffer-In-2016.aspx https://www.hospitalitynet.org/performance/4085067.html He also speaks about the need to 'reboot’ the balance sheet to allow the company to return to the acquisition trail and mostly due to Brexit, its balance sheet is no longer in the best shape and this is hampering its prospects at a time when it should be accelerating its growth. We believe Elegant Hotels needs to refinance its debt where it can, cut the dividend to a more sensible level and get back on the acquisition trail. It can be difficult for a company to cut its dividend because of how this action can be interpreted, but an 8% yield suggests a cut has been factored in by the market. So sounds like a placing is on the way
lbo
04/12/2017
18:32
If you are such a big fan of Parson I'm surprised you didn't quote "Parson believes Elegant Hotels at 84p is trading at around 50% discount to its adjusted net asset value of 185p, which he has calculated using current property valuations rather than historic ones."
stemis
04/12/2017
17:56
Yeah very interesting:"Parson flags Brexit as a key issue for Elegant Hotels, whose balance sheet is 'no longer in the best shape,' which he argues is hampering prospects when it should be accelerating growth.He suggests the firm should refinance its debt and cut its high dividend of around 8%"
lbo
04/12/2017
17:11
Thanks for posting that shauney....very interesting.
jeff h
04/12/2017
16:17
Very poor reporting by Shares magazine and Canaccord. Elegant Resorts is only a travel agent https://en.m.wikipedia.org/wiki/Elegant_Resorts
lbo
04/12/2017
16:15
LBO,as a matter of interest,have you been to Barbados?
shauney2
04/12/2017
16:12
If they cut the dividend which was just covered by earnings then they would probably be able to reinvest more in upgrading the properties. The poor offering would explain why other competitors on the island like Sandals has consistently higher occupancy rates and why Elegant has been suffering falling occupancy rates since its IPO even though UK visitors to the island were up. This along with increase competition from the likes of Airbnb and Villa rentals may be more to do with the recent profit warnings rather then Zika and weak sterling. Also interesting to see what sanctions are put on Barbados as a blacklist tax haven. https://www.bloomberg.com/news/articles/2017-11-27/turkey-is-said-to-be-removed-from-draft-eu-tax-havens-blacklist https://www.theguardian.com/world/2017/dec/02/paradise-to-blacklist-eu-tax-havens
lbo
04/12/2017
16:07
Which hotel was it samdb? From Shares Magazine "Who will be next to make a takeover offer for Elegant Hotels? hTtps://www.sharesmagazine.co.uk/news/shares/who-will-be-next-to-make-a-takeover-offer-for-elegant-hotels
shauney2
04/12/2017
15:42
Couldn't even get a sunbed on one of the days, not good for £500/night. Good for the company though as they were at capacity (they told me as much).
samdb
04/12/2017
15:40
Stayed in one of their hotels last week, pretty underwhelmed. I'd go so far as to say it should have been about half the price or less.Still going to look at the investment case though in case Liberum are correct.
samdb
04/12/2017
13:33
Perhaps we should filter you?salchow - 15 Jun 2016 - 09:10:26 - 75 of 663Profit warnings coming in 3's is a myth. They can also come in 1's and 2's and sometimes they even keep coming until the company is bust.
lbo
04/12/2017
11:13
We have all come across them on AIM. https://www.thetimes.co.uk/article/homes-made-indoors-are-ticking-all-the-right-boxes-cl9p2ncrb8z https://uk.advfn.com/cmn/fbb/thread.php3?id=29895796&from=531 https://www.shareprophets.com/views/10755/mar-city-plc-another-fiasco-on-the-self-styled-most-successful-growth-market-in-the-world http://www.theconstructionindex.co.uk/news/view/mar-city-developments-folds
lbo
04/12/2017
10:51
We should all be sceptical when it comes to AIM and believing what you read in the papers! https://www.thetimes.co.uk/article/nothing-sleepy-about-zzz-as-sun-shines-on-portable-rooms-specialist-cgsrxx33v02 https://www.thetimes.co.uk/article/lid-finally-closes-on-snoozebox-ftk2lx8qf
lbo
04/12/2017
10:30
It's nothing we have not seen on AIM before! http://www.telegraph.co.uk/business/2017/06/12/stanley-gibbons-shares-plummet-amid-takeover-confusion/ http://www.proactiveinvestors.co.uk/companies/market_reports/187775/small-caps-movers-stanley-gibbons-takes-a-licking-as-its-postage-stamp-investment-business-collapses-187775.html On Tuesday the AIM-listed company confirmed its postage stamp investment business had gone into administration, leaving hundreds of investors who bought rare stamps with the promise of a “buyback guarantee” in limbo. The Guernsey-based subsidiary is in possession of £12.6mln worth of rare stamps but has about £54mln of liabilities relating to the buyback guarantees, plus a further £11mln in undefined liabilities and another £6.5mln which it owes to the parent company. The scheme – which guaranteed customers at least 75% of the book value of their stamps at the end of a given period – was stopped last year amid concerns about just how safe the guarantees were. With Stanley Gibbons revealing last month that it was in default on its bank facilities, investors will be hoping this isn’t the sign of things to come. Shares took a licking, down 33.6% to 4.62p.
lbo
Chat Pages: 28  27  26  25  24  23  22  21  20  19  18  17  Older
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