Elegant Hotels Share Discussion Threads

[lbo] 12/1/2017 15:30

LBO - 15 Jun 2016 - 11:05 - 77 of 388

[salchow] 12/1/2017 15:25

Well, there have been no shorts recorded in excess of 0.5% of the shares either now or in the past.

[bookwormrobert] 12/1/2017 14:20

Yes, I do think that we are being treated to extracts from professional market research, aimed at causing a share price fall. Note, both the financial analysis and the detailed research into Barbados from the same poster - a highly unlikely combination. So, I conclude there is either a big short position out there, or somebody is contemplating a hostile (or semi-hostile) takeover.

[salchow] 12/1/2017 13:49

bookwormrobert - I hope you are not suggesting that the posters represent a professional operation? On advfn where the typical holder has a few thousand shares! One in particular I would be being kind to suggest they may be a potential shorter. More likely a disgruntled ex-employee or holidaymaker.

[salchow] 12/1/2017 13:37

I think next week is far too early for anything other than what we already know. Just forget it for a couple of years. I think Luke Johnson's interest will be in the next few years not weeks. He is not likely to be very interested in a period before he even became a shareholder.

[nw99] 12/1/2017 09:25

Yes a person to be followed all will revealed next week

[bookwormrobert] 12/1/2017 09:11

How do I read this strange flurry of deramping posts?
If I had to guess, I'd say that something is going on behind the curtains, possibly a takeover bid. (It could also be something as simple as a large short position).
It would be interesting to know Luke Johnson's position and plans.
But, for sure, these posters didn't come out of nowhere for no reason. This is a professional operation.

[lbo] 12/1/2017 08:18

Let's not forget earnings forecasts were downgraded many times in 2016 and only in October Elegant themselves confirmed forward bookings for the year ending September 2017 were weaker then at the same point in the previous year. Brokers responded by slashing profit forecasts by 30% for 2017 and 2018. And relying on supposed NAV and takeover bids did not help Punch Shareholders with all its bids still falling well short of its apparent NAV. Add in the fact that Elegant has to start remaking capital loan repayments on its debt in 2017 and the required capital expenditure the hotels need and it's easy to see why net debt to EBITDA is forecast to be in the danger territory and why the market is starting to price in a dividend cut also.

[nw99] 12/1/2017 06:50

We have bought it for the yield and it's undervalued price vs the assets.

[nw99] 12/1/2017 06:41

Thanks bookworm well said

[bookwormrobert] 12/1/2017 06:38

OK. This is getting silly.
This board is to discuss Elegant Hotels as an investment. Not to peddle highly speculative scare stories. I'm sure that if you had material about recent cases of Zika in Barbados - even far from the Platinum Coast - you'd have posted it, but you haven't.
The fact remains that Elegant Hotels is a very interesting investment - it trades at a heavy discount to its net asset value, pays (we hope) a dividend of around 8.5%, and has serious backing by serious people.
Anyway, I'm out of here until some sense returns.
Results due 17/1.

[bookwormrobert] 12/1/2017 06:37

OK. This is getting silly.
This board is to discuss Elegant Hotels as an investment. Not to peddle highly speculative scare stories. I'm sure that if you had material about recent cases of Zika in Barbados - even far from the Platinum Coast - you'd have posted it, but you haven't.
The fact remains that Elegant Hotels is a very interesting investment - it trades at a heavy discount to its net asset value, pays (we hope) a dividend of around 8.5%, and has serious backing by serious people.
Anyway, I'm out of here until some sense returns.
Results due 17/1.

[lbo] 11/1/2017 20:05

"the senior meteorologist said that the wettest month of the year was November in which 457.2 mm (18 inches) of rainfall was measured at the Charnocks/GAIA station. This was as a result of the two significant rainfall events during the last week in November which contributed to this total.

Notably, the weather event on November 29, which was responsible for a significant flooding on the island, led to 154 mm (6.1 inches) of rainfall recorded at Charnocks. “Recorded rainfall totals across some of the other stations on this day also ranged between 100 and 150 mm (4 and 6 inches).”






Certainly, one of the things that might have been overlooked is the after-effects of the flooding.

Undoubtedly breeding sites for mosquitoes will increase as debris blocks drainage systems, most of which came as a result of indiscriminate dumping. Have they been cleared?

Furthermore, the grass and bush almost doubled in height after such a heavy rainfall event. With the country making its way from the mosquito-borne diseases such as Chikungunya, Zika and Dengue, we can ill-afford to let a lack of vigilance set us back once again in terms of the man-hours lost as a result of these viruses.

[bookwormrobert] 11/1/2017 20:04

LBO - your article, which I've read, says no such thing. It only says that the average rainfall for this year's rainy season (June-Nov) was 10% higher than statistical average. The rest is 100% your own agenda, which is presumably to depress EHG's share price.

[lbo] 11/1/2017 19:50

Also the impact of the high rainfall and flooding in November on mosquito breeding on the island and possible increased Zika rates as a result will only start to show up since December

[sharw] 11/1/2017 18:13

nw99: "Zika has no impact on EHG at all"

EHG Interims 14/6/16:

"Current trading and outlook

... publicity around the Zika virus has resulted in room cancellations and in substantial competitor discounting" ...

[nw99] 11/1/2017 17:58

Zika has no impact on EHG at all . Just wait for the results you will be proved wrong

[sharw] 11/1/2017 17:52

nw99 - I am not a deramper but when I read people with rose coloured spectacles listing only the positives I will point out the negative side. Indeed, there are plenty of past holdings where I have lost money and dearly wished I had taken more notice of the negatives.

For the record I sold EHG for a profit at 112.5p/sh eleven months ago when zika appeared. I wrote at the time that I would look at repurchase when zika was under control but IMHO that time has not yet come.

[salchow] 11/1/2017 17:48

LBO - a bit late with your 4th November St Lucia Times report. I am disappointed in you. Perhaps they should issue an RNS? I didn't look at The Scientist Report - my computer security didn't seem to like the source.

[nw99] 11/1/2017 16:11

Ignore him another deramper .. I think Luke Johnson knows more than him ! Follow the lead

[lbo] 11/1/2017 16:09

Your post about no new Zika cases is
false





Diagnostic troubles

Zika virus infection is often asymptomatic. As researchers began linking birth defects—including microcephaly—and other abnormalities to Zika, one immediate focus was developing better diagnostics. By February, several tests meant to complement existing PCR tests—which can be used to detect the virus in a person’s blood—were already in the works. More sensitive and specific diagnostics were sorely needed, however, because “by the time [patients] make it into the clinic, the virus is likely gone or it’s at the tail end, beyond the limit of detection,” Nikos Vasilakis, who was then developing Zika tests at the University of Texas Medical Branch in Galveston, told The Scientist at the time.

[bookwormrobert] 11/1/2017 15:59

What the heck is happening here on this BB? Barbados is perfectly safe and a lovely place to go on holiday! No cases of Zika since the summer, least of all amongst tourists, and even if the currency fixed peg is broken, that works in EHG's favour.

Or is this an attempt to talk down EHG's shares ahead of next week's results?

[nw99] 09/1/2017 16:47

Friend just returned said it was amazing , food the best he has had