Whitbread Share Discussion Threads

[chiswick_doonhamer1] 22/6/2020 15:52

I posted my application to take up my Whitbread shares rights issue on 5 June in the First Class post envelope provided. I was informed by Link Asset Services that they did not receive the application until 10 June ie the day after the closing date. Did anybody else miss out because of delay in the postal service?

[chiswick_doonhamer1] 22/6/2020 15:50

WTB Rights issue

[action] 22/6/2020 15:28

Value can not be lower than RI price of 1500p.

[action] 22/6/2020 11:26

EII am not in sparta from day trade today with very modest gain when ppl are predicting 400%+ overvalued. Do you have any insight what the true value is?.I recon when you buy this you are buying Bricks and mortar as well .

[hodhasharon] 17/6/2020 20:59

451.9% Overvalued
427p intrinsic value.

Source: simply wall street.

[hodhasharon] 17/6/2020 20:57

A second wave (like we’ve seen in China and the US in the past 24 hours) and these will hit their true value target in a heartbeat. Propped up by retail investors. Not ideal.

[essentialinvestor] 17/6/2020 19:59

Very modest investment in the RI by multiple directors, excepting the CEO-
if I'm reading those RNS's accurately.

[roofer2] 13/6/2020 14:21

Lots ppl looking to get away for a break after stress of coronavirus.
Hotels looking to open up early July, with little movement for foreign holidays more short home Holliday breaks this year will benefit Premier Inn hotels.
Going to be a good run for WTB this month
Imo

R2

[nw99] 13/6/2020 09:20

Looks good with real momentum

[nw99] 12/6/2020 13:41

Topped up shares have support here

[typo56] 11/6/2020 12:37

Unfortunately the company didn't benefit from the rebounding market. It doesn't mean they receive more money or issue fewer shares. Presumably £15 was set by the underwriters - they don't want to take much risk for their fees.

[essentialinvestor] 11/6/2020 12:32

Fortunate they managed to get the RI away during a rapidly rebounding market.

[typo56] 11/6/2020 12:24

Existing investors would have been rather better off selling their nil paid rights a few days ago. Yet punters only see the 1,500p 'special deal' they're being offered, and ignore the nil paid value they're forefeiting. In other words, it's a no better deal than anyone else buying in the market.

Alternatively you could have simply let them lapse. The lapsed rights should be worth a good deal more than taking them up and selling them at any time today.

The confusion over rights issues never ceases to amaze me. It's how companies get away with them.

[philanderer] 11/6/2020 10:22

EI, for sure.

Thousands today at Centrica , JMAT and Heathrow plus all those restaurant jobs yesterday.

[essentialinvestor] 11/6/2020 09:54

Hi Phil, never go broke taking a gain ).

I think the coming unemployment hit may be underestimated.

[philanderer] 11/6/2020 09:13

Morning EI.

Existing investors have a good profit from the 1500p 'rights' taken up and will no doubt cash in . I know I have.

[essentialinvestor] 10/6/2020 17:21

Hi Phil. Had a few before the close.

Wonder if some of the cyclicals have got ahead of events, even allowing for
the market being forward looking.

[philanderer] 10/6/2020 16:49

AftErnoon EI.

These new shares are going to take a while to digest and get into strong hands.

[essentialinvestor] 10/6/2020 16:27

WTB have a significant exposure to the regional business market. cant see much early recovery in that area.

The flip side is competitor capacity being stripped out.

I dont rate the current CEO, however just a personal view. Under different leadership might have a larger holding here.

[joshuam] 10/6/2020 15:00

All 18 German hotels open and 49 in the uk, rest will open when they get the green light The daily Telegraph!!

[essentialinvestor] 10/6/2020 14:44

What WTB could do with is another activist taking a stake
and agitating for a seat on the BOD.

[philanderer] 10/6/2020 12:43

Porsche, JPM and MS have now placed all the shares.

[porsche1945] 10/6/2020 11:38

They did well to mug off 90 pc of the issue to kamikaze investors. Stanley and caz now stuck with ten pc of this rubbish. Get yourselves onto the S and P and make some money rather than lose it. Until this management are replaced this will never do any good, smart move was not to shaft investors yet again but to do a sale and leaseback. Dreadful. Stick by my 18 quid target by august as UK’s dire reality sinks in. Leisure and property/builders are looking at a 2008-12 re run. Slow death.

[essentialinvestor] 10/6/2020 11:30

Phil, appreciate the heads up on that, thanks.