Pphe Hotel Share Discussion Threads

[nchanning] 25/4/2025 09:22

What happened here with the big shareholder selling 28% ? Or is he just transferring between entities ?

[salpara111] 02/4/2025 11:45

Well, Aroundtown...whoever they are just dumped 6.7% of the company which I guess would explain the share price weakness recently. Hopefully it can get back to the £15 area again.

[salpara111] 01/4/2025 17:02

Not complaining and frankly tempted to take my small profit and leave.

[its the oxman] 01/4/2025 13:40

Up almost 8% today, c.1290p, any ideas why?

[salpara111] 31/1/2025 10:59

Been here for a while and currently around break even. Sadly I struggle to see the catalyst that is going to re-ignite the share price Quite frankly if IHG or similar made a bid at £16 I would be more than happy to exit. With Europe effectively in recession there can be little prospect of earnings upgrades in the near future.

[its the oxman] 28/1/2025 12:29

Frustrating presently , nav growth is probably being constrained by conservative valuers given the macro climate and high interest rates and the stock market is also very unwilling to close any property related discounts. But can that view hold forever. Meanwhile I guess they consider it their remit to continue to build the business and hopefully increase divs and cope with the debt.

[blueclyde] 28/1/2025 10:00

Why take on more debt, open more hotels and the NAV does not grow?

[its the oxman] 28/1/2025 09:13

Seems a pretty positive trading update today with things progressing well.

[suetballs] 09/1/2025 18:34

So our Chairman resigns for "improper behaviour" and then his stoolie is elected to the Board as a non - exec.
Disgraceful - great corporate governance.
Where are the regulators - aah it's AIM - don't bother.
Suet

[suetballs] 09/1/2025 13:27

Looks like we may have had a naughty Chairman!
Suet

[its the oxman] 31/12/2024 10:03

Late Jan trading statement not far off. Will hopefully read well and see us higher. Still very lowly rated and arguably consumer is valuing their holiday/hotel time more than ever post covid.

[blueclyde] 09/12/2024 07:35

As per todays RNS trading in the European REIT will begin on 23 December. Should add more liquidity. Perhaps the share should start moving to the 26 pound a share NAV? I see no reason for such a discount?

[its the oxman] 06/12/2024 09:32

Think JP Morgan upgraded hotel sector.

[blueclyde] 05/12/2024 20:11

Mention on the LSE board that this has been added to some European REIT index. I see absolutely no reason for the huge gap on NAV now.

[its the oxman] 05/12/2024 12:17

Yes. Half expected some bid announcement today when it was up 11%.

[blueclyde] 05/12/2024 11:20

I bought a load too. Looks like the NAV should be over 30 quid when they report results early next year? Profits will be up too with the new London hotel. Happy to old for the yield alone but if the discount doesn't narrow surely there will be a bid?

[its the oxman] 05/12/2024 10:03

Now 1350p offered. Hmm. What's up?

[its the oxman] 05/12/2024 09:08

Up over 6% today back to nearly 1300p , but why , rise seems as unexplained as fall. Just catch up I guess.

[its the oxman] 13/11/2024 14:46

Do we really deserve to be at 1150p?

[nicolaw] 10/10/2024 23:26

maybe they want to sell off nd let the share price keep dropping so their mates can buy it cheap??

[nchanning] 07/10/2024 16:20

Very easy for management to take advantage of weak share price . A billion pounds of assets available at a 50 % discount if they buy their own shares back . Why bother with any new developments whilst own shares offer better value ?

[suetballs] 07/10/2024 14:44

War and impending budget maybe.
Jet2 has struggled recently.
Suet

[its the oxman] 07/10/2024 13:44

Any ideas on continued fall here.

[its the oxman] 12/9/2024 09:02

Seems very harsh to be back near 1250p

[nchanning] 05/9/2024 13:40

If liquidity is not good enough to buy more , make a tender offer at 1400p