Hotel Corp Share Discussion Threads

[the_beagle] 11/7/2014 16:00

For my sins (greed) I actually hold some here. At a loss atm.

[treacle32] 11/7/2014 15:49

Aww you're that poster from a weeks ago.

Thought you would have got a life by now after your ramble then.

Some right sad individuals habitat on these bb's.

[the_beagle] 11/7/2014 15:48

Where's the fun?

[treacle32] 11/7/2014 12:40

More buying - afternoon could be fun.

[treacle32] 11/7/2014 12:24

Other 2 MMs still on 2p offer. Could get there in a flash again.

[treacle32] 11/7/2014 09:59

Many such folk around - I find it so crazy.

Next 2 MMs on 1.90/2.00p offer already.

[simonparker5] 11/7/2014 09:56

AH well I suppose there no pleasing some folk, that buy was held for all of 10 minutes!!

[bckttsim] 11/7/2014 09:50

With no news speculation will drive this higher .Shore would have sold if a deal could not be done.

[treacle32] 11/7/2014 09:47

Maybe finally break 2p proper today after many attempts past month.

[treacle32] 11/7/2014 09:41

Blue now.

News can be anytime now.

[simonparker5] 11/7/2014 09:40

Still cheap as chips considering we have 1.26p of cash, 50% of Puma is priced in for free and so is the poitential of this as just a shell opportunity.
Anything below 2p is a bargain. AIMHO

[treacle32] 11/7/2014 09:33

Buyers returning.

[the stigologist] 11/7/2014 09:21

probably meeting his friends (oh hang on he hasn't got any)

[ukmassy] 11/7/2014 09:17

Where's Trickledown Stigg?

[the stigologist] 11/7/2014 09:13

Looks like yesterdays meeting was indeed a damp squid

[treacle32] 10/7/2014 22:47

There were plenty of doomsters, trolls and jealousy when it was up 44% today and was then still valued at only 1m mkt cap. The same ones as last time a few weeks back. HCP paid £12m for their stake - they've persevered in getting something back for ages and even recently said the current situation with Lone Star might result in a positive outcome for shareholders. HCP could turn round now and convert their stake to become majority shareholder in hotels collection. Would Shore and Lone Star like that? I don't think so, so they'll pay HCP out imo. Shore didn't buy a just under 22% stake last August for nothing imo - they didn't sell any even with the rise then to 5.88p.

Lodgian to be Acquired by Lone Star Funds

[aries2000] 10/7/2014 19:31

hxxp://www.lonestarfunds.com/

Lone Star seeks distressed investment opportunities in developed markets that have suffered an economic and banking crisis, resulting in a distressed financial system. Specifically, Lone Star seeks to capitalize on market conditions in which:

Liquidity is restricted and financing is constrained;
Financial institutions' balance sheets are under pressure and there is a need to dispose of high volumes of assets to manage capital, deleverage and build liquidity; and
Lone Star is able to achieve a favorable position in a transaction through its large network of relationships across the globe.
When pursuing investment opportunities, Lone Star evaluates a broad scope of transactions including, but not limited to:

Equity and debt investments in distressed assets, including corporate, commercial, and single family residential real estate and consumer debt,
Other real estate and real estate-related assets,
Control investments in financially oriented and real estate-rich operating companies, and
Securitized products such as RMBS (Residential Mortgage Backed Securities), CDOs (Collateralized Debt Obligations, the underlying assets of which generally consist of RMBS), CMBS (Commercial Mortgage-Backed Securities) and other asset-backed securities.
Lone Star's investment approach focuses on leveraging long standing relationships with counterparties to source opportunities, a comprehensive bottom-up asset-based underwriting approach, a streamlined approval process, a dedicated asset management platform and the continual evaluation of exit strategies.

[aries2000] 10/7/2014 19:09

Lone Star comes to the rescue buying £323m Puma Hotels' debt.

The UK chain, recently rebranded as The Hotel Collection, is now confident it can continue to operate.

The future of The Hotel Collection - formerly Puma Hotels – looks more secure following the sale of its £323 million loan to US investment fund Lone Star Fund.

Lone Star has acquired 85 per cent of a €7bn UK loan book belonging to the former bank IBRC (Irish Bank Resolution Corporation). According to the Irish Independent, the loans that have been sold are thought to include debts linked to Dragon's Den star Duncan Bannatyne's Bannatyne Fitness, UK property group London & Regional, Somerston Hotels which operates the Holiday Inn Express and Hampton by Hilton brands in the UK, and Puma Hotels (now The Hotel Collection).

The fate of Puma, which is 49.9 per cent owned by the Hotel Corporation, had been hanging in the balance after its existing banking facilities ran out on 30 May 2014. However, it is now confident it will have the capital to meet operational expenses.

The chain of 21 UK properties had been struggling since Barcelo pulled out of a 45-year lease agreement in April 2012, just five years after signing it. Despite a pay out of £20.25m for breaking the contract, Puma lost annual rent of £30m from Barcelo. However, the company is back in profit, achieving a net profit of £10.5m in 2012, following a loss of £175m in 2011.

At the time of the rebrand to The Hotel Collection earlier this month, CEO Fredrik Korallus, said: "Since taking over management of the collection, we have achieved strong revenue growth predominantly driven by the resurgence in the meetings and events market, as well as strong leisure demand.

"We will continue our focus on providing excellent customer service through high quality management both centrally and throughout our individual hotels."

The portfolio includes The Lygon Arms in Broadway, the Cotswolds, Hinckley Island Hotel in Leicestershire and The Imperial Hotel in Torquay.

hxxp://www.meetpie.com/modules/newsmodule/newsdetails.aspx?t=Lone-Star-comes-to-the-rescue-buying-323m-Puma-Hotels-debt&newsid=19020

[treacle32] 10/7/2014 16:25

Seems RNS tomorrow - delay is a good sign imo.

[treacle32] 10/7/2014 13:42

The Stigologist
10 Jul'14 - 13:27 - 462 of 463 0 1 (Filtered)

jxman
10 Jul'14 - 13:40 - 463 of 463 0 1 (Filtered)


get a life, your posts will make no difference here.

[jxman] 10/7/2014 13:40

Yes yes Tara

[the stigologist] 10/7/2014 13:27

damp squid RNS coming ?