What happened here with the big shareholder selling 28% ? Or is he just transferring between entities ? |
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. |
Not complaining and frankly tempted to take my small profit and leave. |
Up almost 8% today, c.1290p, any ideas why? |
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. |
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. |
Why take on more debt, open more hotels and the NAV does not grow? |
Seems a pretty positive trading update today with things progressing well. |
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 |
Looks like we may have had a naughty Chairman!
Suet |
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. |
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? |
Think JP Morgan upgraded hotel sector. |
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. |
Yes. Half expected some bid announcement today when it was up 11%. |
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? |
Now 1350p offered. Hmm. What's up? |
Up over 6% today back to nearly 1300p , but why , rise seems as unexplained as fall. Just catch up I guess. |
Do we really deserve to be at 1150p? |
maybe they want to sell off nd let the share price keep dropping so their mates can buy it cheap?? |
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 ? |
War and impending budget maybe.
Jet2 has struggled recently.
Suet |
Any ideas on continued fall here. |
Seems very harsh to be back near 1250p |
If liquidity is not good enough to buy more , make a tender offer at 1400p |
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