Tipped in mail on Sunday discount to so called nav |
Closed 1400p. Just possibly market is starting to appreciate the perfect storm of improving occupancy , room rates, falling energy costs and new hotels opening. Rate cuts would be the cherry on the cake to help close our whopping discount to nav. |
Chart looking better 1350p. Suggests it's trying to move higher 1500-1600p coming. Could be more if rate cuts giver happen. |
yep energy fuel savings from april onwards v last year and even more from july. MW/lw increase though |
These boys know what they are talking about - impressive.
I need to buy more.
Suet |
investor meets presentation at 11am |
annual report on the website nice 5 minute video. |
The year has started with continuation of our strong momentum and 36p div for the year. Very happy to take that. Feels like the recovery is getting started. |
Good results and nice dividend increase.
Onwards and upwards.
Suet |
Results due Thursday egm on Wednesday |
Yes excellent - this is a proper run company.
Suet |
Looking good here no stock about |
Share buyback! ? |
Thought we might have moved higher than just over 1200p. But momentum is building and at some point every chance shares will soar if management keep delivering. Perhaps we need the first interest rate cuts to help change sentiment. |
Nice trading statement see what results and dividend look like late next month |
Moving in the right direction today.
Long may it continue.
Suet |
Well I bought some anyway. Good luck to all holders in 2024. |
Someone tried to use the liquidity event of the share going into the FTSE250 to sell a lump. The index buyers soaked up some but clearly not all |
On friday night a large uncrossing trade dropped the share price by 5%.
Can't find any news, is this a warning or a buying opportunity? |
Yes , much more upside to come. Buyers will return at some point. |
Interesting to see the forte hotel deal done today, a smaller group of hotels, about half the sales and at much worse margins done at about twice the valuation of these, pph is very well run and this is so far from being reflected in the share price ... |
Not by me! Had a few more today.
Suet |
And still a forgotten stock at 1200p! |
Yep always like bit of good news that will add some useful value. |
This new underground hotel in Victoria is very interesting, repurposing underground parking/ storage into rooms with no view is an interesting idea, creating a brand with emphasis on peace quiet and no noise may work very well, another hotel in London developed from underground parking seems to be able to charge full rates so they may be able to create 50m gbp of value here ... |
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