Safestay Share News (SSTY)

Canaccord cuts Safestay to 'hold' from 'buy'

(ShareCast News) - Canaccord Genuity has cut its rating on Safestay to 'hold' from 'buy' and lowered the target price to 42p from 65p after the budget accommodation provider said 2016 was a "difficult year". In a pre-close trading statement, Safestay said its performance in 2016 was affected by po

Safestay affected by political instability but confident about outlook

(ShareCast News) - Safestay's trading performance for 2016 was affected by political instability, low visitor numbers in London and terror attacks in France, but the hostel owner and operator remains confident about its outlook this year. The AIM-listed company said that 2016 was a "difficult year"

Safestay chief exec Philip Houghton to step down

(ShareCast News) - Safestay's chief executive Philip Houghton will step down from his role on 31 December. The company, which owns and operates a new brand of contemporary hostel, also announced the non-board appointment of Nuno Sacramento - currently head of customer operations at Carillion - as ch

Safestay sinks below NAV after interim loss grows

(ShareCast News) - Safestay, the 'boutique hostel' chain founded by serial entrepreneur Larry Lipman, more than doubled sales in the first half but reported a larger loss before tax. The AIM-listed company, which was created to fill a perceived gap in the market for "stylish, spotlessly clean, safe

Safestay Says Elephant & Castle Site Valuation Rises To GBP16 Million

UK Shareholder Meetings Calendar - Next 7 Days

Sunday share tips: Saga, the FTSE 100, Safestay

(ShareCast News) - Shares in Saga are a 'buy' for the Sunday Times' Inside the City column, after a steady but unshowy performance since its initial public offer two years ago. Management plan to shift the business from a plain old insurer that also markets holidays and other services to its over-50

Safestay Swings To Loss In 2015 As It Expands Hostel Portfolio

New markets driving momentum for Safestay

(ShareCast News) - Safestay warmed the market up for its full year results on Monday, citing its ongoing expansion and good growth at its existing sites as driving momentum. The AIM-traded hostel owner and operator significantly increased the number of beds in its portfolio from 560 to 1500 over the

Safestay Results On Track After Expanding During "Successful" 2015

Safestay And Safeland Appoint Mark Beveridge As New Finance Director

DIRECTOR DEALINGS: Safestay Non-Executive Buys First Shares

Colin Stone to step down as finance director from Safeland, Safestay

(ShareCast News) - Colin Stone will step down as finance director from property companies Safeland and Safestay with effect from 13 November. Both companies said a replacement has been identified and a further announcement will be made in due course. Safeland demerged and floated Safestay on AIM in

Safestay, Safeland Finance Director Colin Stone To Step Down

Safestay Swings To Loss On Investments But Revenue Multiplies