Ok so here it is2 Jul 2014 13:07
Premiumtrader's insight:
With Lone Star having acquired the £323m debt of Puma there is some serious upside in the next few days for HCP who own 49.9% of Puma. With Puma now recovering and achieving a net profit of £10.5m in 2012, following a loss of £175m in 2011, the £800k valuation of HCP is laughable. With the UK chain now rebranded as the 'Hotel Collection' expect to see some sizable deals in the next few weeks. We give a 7p short term target.