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Share Name Share Symbol Market Type Share ISIN Share Description
Safestay LSE:SSTY London Ordinary Share GB00BKT0J702 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 33.50p 32.00p 35.00p 33.50p 33.50p 33.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 7.4 -0.5 -1.5 - 21.67

Safestay Share Discussion Threads

Showing 226 to 247 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
These normally issue a trading statement early February, suggest it will be ok, they’ll use the excuse of the company growing, and the developments of the last twelve months, however that is not good enough for shareholders, small ones in particular, this company needs to demonstrate that it can produce positive momentum in valuation terms without constantly diluting the value of the company, management and Lipman, in particular, have a lot of questions to answer on their strategy, I have stayed in the company’s hostels and they are good value albeit a roof over ones head; what do you expect for £15, but they have to do better, the returns so far have been negative after three years on the AIM market, not much else to say!
What is the aim for this company, to build a property entity or to create a value-based hostel chain, it needs to relay its message better as an investment proposition, because although I like the format, but is the whole business model dependent upon charging low rates for a bed and try and increase sales via the sale of sundry items leading to improved profits. They need to ensure higher occupancy during historically low season periods, maybe they should promote their product in other countries in the hope of filling the beds with educational establishments,cultural visitors, tourists, etc. The share price needs boosting whatever the outcome, it has been a rotten investment!
Called into safestay Holland Park this morning. You will all be pleased to hear that it is virtually full tonight. If all the units were like this the shares would be worth about £2 !! Tried to buy a few more in the 35 p region but no luck
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This company is being mis-managed, Sacramento a decent bloke fundamentally, but who is pulling the strings, Lipman is bent on expanding the business beyond current assets, they need to focus hard on what they have. There is a demand for low-cost beds in all their destinations, they should be filling them all and more, and the guests should be responsible for making their beds on arrival, this is a low cost model, so make it so. The staff should be responsible for cleaning the rooms for the price of board and lodging, and should be paid accordingly, but given a uniform and meals, and a supplement. Ridiculous share price, I mentioned this back in the spring, so why is it languishing?
Investors chronicle rate it as a buy as do I. You are getting an awful lot of bed spaces for £14.1 million (current m cap).
A bit hard to make sense of the results. That NAV figure is a bit suspect including as it does goodwill. It is clear that the company is on the expansion track and if you treat it as an earnings play (as opposed to a property one) then it will probably come good. Don't however be prepared for instant gratification. Put these in the drawer till 2025.
we have a situation where one of the board owns 27.5% of the company and was buying up to June. As I said on the 15/8 the results (due about 25/9)should be good.
Concern here is Lipman’s obssession with growth, particularly Barcelona, should be focusing on filling their existing beds before embarking on more acquisitions, and raising the average price per bed. Hostelworlds figures did not do this any favours, had hopes of an improvement in margin, but now not so sure!
At a guess the results should be more than good.
Pyrrho increasing their stake has to be good news. They have board representation and must like what they see
surprised no seasonal movement here
Bookbroker. The CEO is a large shareholder in safe land. He has his reputation as a business man at stake here as well. I made the mistake of initially investing here as a property play but it's not one. This is very much a trading business albeit with property Assets
The good news is when they stop calling EBITDA earnings as profit, and start controlling their expenses. I like this sort of unknown entity, it is in a developing market, but expenses need to be ruthlessly controlled otherwise they spiral. This is a property company with a hospitality business in some respects, so they need to stop leasing crummy buildings for now, that need renovating at some expense, and focus on what they have! The CEO should assert that view, as the chairman seems to be the spokesman here, and those two are very small shareholders, so show some faith and buy some stock!
Big change on the share register with no change in price. That's good news
That is the priority, they need to catch their breathe and concentrate on existing assets, the market is not going to disappear, but cost control is the main thing, stay in a hostel and the lights should always be on timers, young people just leave them on, they should sell more snacks and beverages, use the Ryanair model, you get a cheap flight, but you pay for the privilege! Dorms are great for school parties, stags, hens, cheap and cheerful, as long as you fill the beds, otherwise have more double rooms in the budget end, you do not need frills, just the very basics! And charge more for that!
Mgmt still have to prove that they can turn a good profit from the existing hostels.
Ok performance, a lot of extra costs here, the company needs to keep an iron fist on them, and really sweat the existing business before embarking on any more acquisitions, and increase ancillary offerings, particularly food and drink. They have quite enough on their plate right now with all the activity in 2017, wish to see meaningful returns from those hostels acquired, but controlling expenses is the key, at the end of the day you are not creating value unless you turn that land grab in to actual net profit, at the moment this company is in that interim area of trying to match expansion against the underlying rise in costs that are associated with it!
I like the comments from Larry Lipman about leveraging the business, but I would like to see a higher share price to accompany his plans!
I hope they concentrate on the assets they have now, and squeeze the juice from the current properties, Lipman talks about growing the business, organically would be better for the time being, at the current mkt cap. I deem this undervalued, but it looks like it’s closing the gap from the last statement, hopefully the results will show some decent EBITDA on last year, said 2017 strong, so now have full year for those acquisitions!
Time this started the next rise, or fall, but the upside certainly looks the more likely option!
Chat Pages: 10  9  8  7  6  5  4  3  2  1
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