Not his fault |
Naked trader is short |
Half a percentage up on the day? It's making me dizzy. |
JPMorgan raises Whitbread price target to 4,400 (4,100) pence - 'overweight' |
Ready to test that 2800p today by the look of it. |
Be interesting to see what they disclose come results in Jan.... |
Marshall Wace playing this like a fiddle on the short side. |
The 3-monthly graph is just ghastly with a daily bleed down. |
Deutsche Bank review is very positive From a German Investment Bank who should know exactly how the German Hotel division is performing. We also have the busy Xmas period approaching so let's hope to see some very high room occupancy rate figures for both countries. |
Is that approximately a 15% drop since the budget? |
They must like the German hotels ;-) |
 On Tuesday, Deutsche Bank (ETR:DBKGn) reaffirmed its Buy rating on Whitbread PLC (LON:WTB:LN) (OTC: WTBCF), with a steady price target of GBP41.50. The firm's analysis took into account the recent UK budget, which posed challenges for multi-site operators including pubs, hotels, and retail businesses. Adjustments to forecasts were made in light of these economic developments.
Whitbread, known for its hotel and hospitality services, is considered to be in a stronger position compared to pubs and restaurants, primarily due to its higher labor productivity. The sales per labor-hour at Whitbread stand at approximately £60, which is notably higher than the £30-40 typically seen at pub establishments.
The company's portfolio of freehold assets provides a margin cushion that is expected to keep the impact of earnings downgrades to a minimum. This strategic advantage is particularly significant in the current economic climate, as businesses navigate the implications of the new budget.
The analyst also pointed out that Whitbread's third-quarter trading period is concluding this week. However, the detailed results will not be publicly disclosed until January 16. This timing presents an opportunity for stakeholders to monitor the company's weekly revenue per available room (RevPAR) trends closely.
Deutsche Bank's stance on Whitbread remains positive, with the expectation that the company's financial performance will continue to be robust despite the broader challenges faced by the sector.
The Buy rating and price target reflect confidence in Whitbread's business model and its ability to adapt to economic changes.
investing.com |
Take it.
Jefferies cuts Whitbread price target to 3,600 (3,700) pence - 'buy' |
Nice afternoon bounce. |
Maybe this ?
Alliance News
Hot-on-the-heels of a tepid purchasing managers' index reading, there was another poor reading of the German economy on Monday. Sentiment among German companies continued to worsen in November.
Business sentiment among German companies deteriorated in November, survey results published by the ifo institute showed on Monday. The ifo business climate index declined to 85.7 points in November from 86.5 in October.
ING analysts commented: "Today's Ifo index paints a rather miserable picture for the German economy - and after meagre growth in the third quarter a (technical) winter recession now looks likely." |
16 Jan 2025
Q3 FY25 Trading Update
Added to the header. |
Should see this week.
It's been an awful performer over 2024..... -21% |
Will it bounce off 2800? |
Yes but that doesn't mean that you can't still use it until it expires; I've not seen any conditions to suggest that you can't as long as you held the shares when the card was issued.They haven't actually taken the card number when I've used mine, I guess that must depend on the hotel, but even if they do that doesn't necessarily mean you can't still use it until the expiry date. Also if your shares are held with a nominee, as is the case for most private shareholders, I very much doubt that they contact the nominee to check on your shareholding every time you use the card. |
Bountyhunter...they do record the card number in my experience, that can refer back to the holder |
Probably, until it expires, I don't think they do any shareholder checks when you use it (as they do when you get the card) at least in my experience. Imho. |
If I sell my holding,can I still use my shareholders card for free breakfast?
Tia
Gla |
Tipped in Mail on Sunday
MIDAS SHARE TIPS: Premier Inn owner's got plenty of room for growth |
Exactly .. PI thrives in tough times as it takes market share away from the rubbish component of the mid scale budget hotel market. If you think premier inn is struggling how is the independent hotelier handling it ... |
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