SIR.L Share Price (SIR)

lxi ceo interview,on sky news atm.
and mentions to sir deal.

Added 10% to SIR's value today. The approaches of the 2 firms look similar with both targeting long-term inflation linked cash flows, which I think is still a good place to be. In addition, the last published NAV was 135p back in September, and given inflation, I think this will have risen considerably since then, so I think we'll get in at discount to NAV. On that basis, I'm going to hang in there and accept the share offer from LXi absent any further news.

That is a sound performance, this SP should respond!

ii seem to be promoting this IT but it's not a member of the AIC, any idea why?

"The break clause optionality provided to us by the CVA agreement, in conjunction with Secure Income REIT's strong balance sheet and considerable liquidity, creates a solid position from which we can actively explore options for our hotels portfolio, whilst at the same time providing Travelodge with the breathing space it requires to re-establish its business."

I guess Premier Inn will be queuing up to pick off some of these ! So for Travelodge its a suck it and see for the owners

Maybe a name change is required .There is very little secure income arising from this