Gresham Hotel Share Discussion Threads

[adobbing] 08/5/2003 12:51

BROKER FORECASTS

Year Ending EPS P/E PEG Ratio EPS Growth Dividend
31-12-2003 € 0.03 17.12 0.03 575.00% € 0.02

31-12-2004 € 0.03 18.70 0.44 42.11% € 0.02

Covering Brokers
Davy Stockbrokers, NCB Stockbrokers

RECENT DIRECTOR TRADES

Traded Action Notifier Price Amount

11 Apr 2003 Buy Harvey M Soning € 0.68 36,288

11 Apr 2003 Buy Harvey M Soning € 0.70 213,712

[adobbing] 08/5/2003 12:50

The Sunday Times - Business



March 30, 2003

Gresham investor leaves bourse
Des Crowley



RED SEA HOTELS, the Israeli company that controls 28.3% of Gresham Hotels group, has left the Tel Aviv stock exchange.
In a separate move, Tom Byrne, who sits on the board of Gresham, bought 100,000 shares in the Irish hotel group last week.

Despite the Israeli delisting and Byrne's share purchases, Patrick Coyle, chief executive of Gresham, said management has no plans to take the hotel chain private. Coyle said Red Sea's decision to leave the Tel Aviv stock exchange did not necessarily mean the Israelis were disillusioned with having a public vehicle.

"Gresham's quote is much better than a quote on Tel Aviv, which is a small stock exchange," said Coyle. "We have both an Irish and London quote." The Tel Aviv exchange has a small number of stocks associated with the hotel industry but market capitalisations are generally small. Some hotel chains are valued as low as $5m while none approach $70m.

Byrne said his purchase of shares could not be linked to any corporate activity. "After the figures were released I was able to buy shares," he said. "I thought that they were good value at 62c and put them in my personal pension fund.".

Red Sea now had little or no property interests in Israel, said Byrne, and this was another reason for the company to withdraw from Tel Aviv.

[mlm] 28/4/2003 20:51

Anyone there, holders-ect, any news of buyout, tipped in the Sunday Times as a mover. The Irish stock market never seems to make big gains, Is it worth a punt????? MLM

[foxster69] 24/6/2002 14:56

Anyone any ideas about likely prices if a bid comes to fruition?? With a possible vote to oust directors is a bid more likely to succeed?? Any help appreciated.

[stronty] 10/1/2002 22:16

I'm sorry but this company is too highly geared for my liking. Not good in an economic dowtown.

[brendanmoyles] 15/10/2001 12:24

good value?

[forensic] 15/10/2001 10:27

Gresham Hotels up 8.5p (18.9%) today. Anybody no why?

[andysand] 23/7/2001 14:51

If nobody replies soon then I'm taking my ball away to play with someone else. So there.

Andy

[andysand] 21/7/2001 23:49

Just bringing to the top and adding some figures

Andy.

Name,Gresham Hotels Group PLC
Sub-Sector,Hotels
Share type(s),Ord

Num shares (m),76.71

P/E,5.20
Projected P/E,6.27
Projected PEG,0.46
Projected EPS,8.85
Close,55.5

Price low,47.
Price %,0.9
Projected Yield,9.38
Capital (£m),42.6





,Profit (£m),EPS (p),Dividend (p),Turnover (£m),
31/1/93,-1.35,2.50,0.80,25.22,
31/1/94,1.20,1.07,1.00,21.96,
Interim: 28/7/94,0.80,0.97,0.50,12.17,
31/1/95,2.48,3.05,1.59,31.11,
Interim: 27/7/95,1.23,1.69,0.50,13.16,
25/1/96,3.55,4.58,1.90,33.35,
Interim: 31/7/96,,,0.60,,
30/1/97,5.13,6.67,2.39,34.72,
Interim: 31/7/97,1.91,2.57,0.69,14.44,
29/1/98,6.38,8.51,2.86,36.13,
Interim: 30/7/98,2.62,3.53,0.80,15.91,
28/1/99,7.79,9.84,3.43,39.53,
Interim: 29/7/99,2.91,3.55,0.90,16.57,
27/1/00,8.96,10.67,3.86,46.67,
Interim: 27/7/00,4.06,4.70,1.26,26.28,
Announced: 25/1/01,9.33,10.63,4.24,56.27,
Forecast: 1/02,8.11,8.85,4.69,,
Forecast: 1/03,9.04,10.06,5.11,,

[andysand] 20/7/2001 23:05

Just found this one and bought 17000 shares so liquidity not to bad. It's an Irish company with a pe of 5. It's yielding 9%!!! Dividend twice covered. All the figures look great. Worth some research for short term and long term gains. Graph looks OK and directors recently bought at todays price.

Andy