Snoozebox Share Discussion Threads

[21trader] 06/11/2014 08:14

9.725p offer only a seller could drop the price like this after such strong buying.

[21trader] 06/11/2014 08:13

Jeez 900k of buys v little movement 13k of sales they slice 0.5p from the bid
and drop the offer too :-))

[bill182] 06/11/2014 08:08

"Advance room sales for 2015 have been strong when compared to the same period last year and a number of events have already sold out.

Further progress has been made on longer term deployments of the existing hotel room stock. In addition to 160 bedrooms at Silverstone, a 56 bedroom Snoozebox was opened at the Eden Project in October. The pipeline of long term deployments exceeds available remaining room stock and locations include Aberdeen and Edinburgh."

[21trader] 06/11/2014 08:08

Cannot believe we have a seller but we do...all buys but the price to buy is coming down close to 10p offer now

I'm getting nearer 10p offer than 10.25p

[glennborthwick] 06/11/2014 08:01

Stonking update. Should be on the top risers today.

[observer007] 06/11/2014 07:52

Add to the mix the tight supply of shares (only about 60m in free float) then we really could see some fireworks over the next few sessions.

This company has turned the corner big style, the new management has worked wonders.

[21trader] 06/11/2014 07:51

Monster update now it does become a growth stock....do not get many better updates than that....was not not expecting but when I saw Rns and saw the bid up I knew it was good.

If anybody sells this today below 10p I will be shaking my head in disbelief.

[bill182] 06/11/2014 07:44

Wow....it doesn't get much better than that. All of the old stock deployed on a permanent basis and massive demand!

[bean02] 06/11/2014 07:42

That'll do pig, that'll do :)

[observer007] 06/11/2014 07:32

Massive trading statement today.

All loss making events of 2013 have turned around and delivered a positive contribution.

Room sales up 50%
Occupancy up to 90%
25% increase in average room rate to £150
Strong forward bookings for 2015 with some events sold out
New next generation hotel launch this month
Cash £10m + another £10m drawn from finance


One of the best RNS's from an AIM company for an age IMO.

The shares are hugely undervalued based on this update, still selling below the 12p net asset value.

At 20p ZZZ would be valued at only £40m with asset backing at £24m, that would value the trading business at a mere £16m

Expect a very strong rise today

[21trader] 05/11/2014 22:37

Even time for another one very late on delayed 125k so a lot of stock changing hands at 9.5p this afternoon

[bill182] 05/11/2014 17:04

More delayed buys going through. All getting rather interesting.

[21trader] 05/11/2014 17:04

Another delayed 105k buy . The only negative at the moment is a mm seems to have all this stock to sell at 9.5p there was none earlier so where is that coming from.

Either way I'm adding if it drops next.. great I will buy more cheaper but if they
put the bid up I will happily pay nearer 9.75p for more

[bill182] 05/11/2014 16:27

21trader - could be a CFD. Looking forward to the next update which should come along with the V2 launch.

I wonder who else is building a stake because as you point out, Cartesian have only added 200,000 and there have been quite a few decent buys this past week.

[21trader] 05/11/2014 16:16

Funny I just a dummy buy with 75k when somebody buys that but pays 9.675p
but I'm still getting a 9.3-9.5p spread here

[21trader] 05/11/2014 16:03

Nice but somebody else must be adding if they have only added 200k but the timing as bill quotes bodes well

[yupawiese2010] 05/11/2014 15:49

Cartesian Capital Group, LLC is a global private equity firm with proven expertise in assisting closely-held companies to expand internationally.

[bill182] 05/11/2014 15:45

CARTESIAN CAPITAL PARTNERS LLP building a bigger stake, now up to 7%...bodes well.

[21trader] 05/11/2014 15:37

So that is another £10k buy there v nice

[bill182] 05/11/2014 14:59

The real spread is much tighter now. Buy 9.50 v sell of 9.30. Good to see the interest growing, but we could do with a bit more volume.

[21trader] 05/11/2014 13:07

Shame about the 100k sell but nice to see plenty of support on the dip this time

[bill182] 05/11/2014 12:59

A reminder:

David Morrison, Chairman, added:

"To facilitate the development and introduction of a second generation of Snoozebox units, which will be launched before the end of this year, the Company raised £10m of equity in the spring and that sum has now been supplemented by a lease finance package, announced today, of up to £15.6m. Whilst the benefit of the facility will have more of an impact in 2016 than next year, the additional financial muscle of the Company will have a notable effect on our ability to capitalise on the strong demand we continue to see.

[bill182] 05/11/2014 12:54

More buys going through on ISDX:

05/11/2014 11:42 57,291 @ 9.6
05/11/2014 11:24 1,979 @ 9.6
05/11/2014 11:13 4,687 @ 9.6
05/11/2014 08:15 35,000 @ 9.75
05/11/2014 08:14 25,000 @ 9.42

[bill182] 05/11/2014 10:34

Yes, given the expected news flow, I think Observer007 could be right in his prediction for the share price.