Pphe Hotel Share Discussion Threads

[suetballs] 29/6/2023 08:28

For once an update well received by the market.
Suet

[suetballs] 29/6/2023 07:30

Great trading update - performance materially ahead of market consensus.
Hopefully see an uptick this am.
Suet

[m_kerr] 01/5/2023 19:37

very difficult company to get the gist of IMV. some non standard transactions which muddy the waters, and which makes me doubt that the share price will ever reflect NAV.

quite high gearing and the sector they're in surely means things can get messy very quickly, though they do not have much lease exposure which significantly mitigates that risk. they do seem pretty savvy operators though and work very hard to drive NAV higher by recycling capital and partnerships.

[suetballs] 03/3/2023 10:45

Nice share price rise this am.
Jeffries likes and ups tp from 1300 to 1600 - hold to buy.
Suet

[its the oxman] 02/3/2023 08:08

Yep, v good results, with nav now over 2500p. Bring on further recovery. Massively undervalued. Lots of upside when rates fall and a cyclical market recovery properly takes hold. Meantime accumulate I guess. Importantly, current trading looks pretty positive. Nice to see a div again and hotel property fund adding some value perhaps going forward. Only time will tell on the later.

[suetballs] 02/3/2023 07:13

Happy with the results - this is a quality small company looking to expand.
Suet

[rthak] 28/2/2023 13:27

Looks like you caught the bottom!

[its the oxman] 23/2/2023 13:01

Bought more at 1020p yesterday so relieved to see it recovering slightly.

[its the oxman] 21/2/2023 20:53

Mr Putin is not helping but surely plenty is now in the price at this level.

[catabrit] 21/2/2023 11:25

I wonder what’s driving the decline in the SP? Maybe the lack of yield? This looks cheap vs book value and the strength of the management team.

[its the oxman] 21/2/2023 11:10

Hope we can hold above 1000p Not sure if we are missing something here, driving this so low. Hoping results will reassure.

[catsick] 21/2/2023 08:07

I'm back into these after being out for a few years after a nice run from 2 pounds to 15 , these are primed to do well, extremely well run company , weathers storms well although the share price doesn't reflect it, at well below half book value and enjoying extremely high room rates still we should see a healthy recovery in the share price at some point in the next couple of years

[its the oxman] 17/2/2023 10:10

Added a few today c.1050p.

[its the oxman] 15/2/2023 22:49

EPRA NRV is expected to be materially ahead of the latest figure published in the 2022 Interim results (H1 2022: GBP21.88) as a result of the Group's faster-than-expected recovery after COVID-19.Surely extremely undervalued. When will the market address this though is anyones guess. Falling interest rates will help I suspect meaning now is the time to buy - I hope.

[its the oxman] 15/2/2023 11:28

No , strange. Last update v positive.

[suetballs] 15/2/2023 08:44

Current weakness is for me unexpected.
Any ideas?
Suet

[its the oxman] 14/2/2023 13:45

Strong buy on this dip below 1200p. Trading is recovering

[albert arthur] 26/1/2023 09:44

Nice update there, very nice!

[bartyb] 06/7/2022 10:05

Rocco Forte on Bloomberg said they have raised prices considerably in the last 4 months but demand is massive.

[suetballs] 06/6/2022 09:33

Quietly moving up - as expected imo.
Suet

[suetballs] 28/10/2021 19:37

Current trading much improved - looks like we're on our way back to higher levels.
Suet

[its the oxman] 02/9/2021 00:15

Losing some momentum here, sold quite a few over 1700p. Getting tempted to buy a few back if we dip below 1400p.

[suetballs] 07/4/2021 09:56

Jeffries raises tp from 1150 to 1850 - buy.
Suet

[suetballs] 16/3/2021 11:32

And now £16.
Suet