Member Info for graham-wales

Paid nearly there

Taking this down because they are short of shares. You don't want to be out of this one overnight. Ummmm more more please

Lol wasn't she a gymnast perhaps she's bought some shares and sold the gold medals

50% of $5.1 billion to be invested in Europe. http://www.gardereprivateequity.com/2014/06/founder-john-grayken-commits-350m-to-lone-star-fund-ix/

Cheers lots more to come at PEG over the coming weeks.

Good investment here. Done loads of research over weekend.

They have written down the asserts to zero at the moment however last valuation was over £400 million. The fund that has recently taken over the debt specialise in buying hotel groups in debt. They have a portfolio of 4 and 5* hotels. The angel hotel in Cardiff is probably worth £20 million plus due to its location and with the rugby World Cup coming next year is probably booked up full at extortionate rates. The others look even bigger. They also want the name changed to UK group of hotels which suggests they are going to be part of a worldwide chain.

Riddler is a good guy he gets most things right but occasionally he gets some wrong. This may be one of the wrong ones but he doesn't de ramp that's not his style. Done my unusual research and this is going to be big. GL

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Looks like we may have some good news on the way well oversold now

Don't think we will here much before meeting but after I'm expecting fireworks

Will turn it around and make it profitable. Dallas-based Lone Star then bought a failed bank, distressed golf courses, hotels and other assets, turning the businesses around fairly quickly and either selling them to other buyers or listening them on the market.

http://www.bizjournals.com/sanantonio/blog/2013/03/lone-star-funds-closes-on-eilan-buy-out.html

I dont think they are ruthless, i see them as taking advantage of companies that are deep in debt and buy them out to make into a better company. They have a history in turning round hotel groups as per my previous posts. I believe it will be a good thing for HCP/Puma not a bad thing. I am holding here.

Lone star more or less own the business if they call in the debt shore capital will either have to raise the money to pay off the debt or sell the business to pay it off. The only other option is for loan star to continue to support the business with the debt but I really don't see that happening with the history they have and the fact that they have given Puma until September to come up with the cash. Lone star take over companies that's what they do,

Shore are going to be the ones selling to lone star and would want a decent return on their investment. Why would they sell it of cheap?

The investment at 31 December 2013 includes an investment in ordinary shares of £nil (2012: £nil) in Puma Hotels plc ("Puma" or "PHP"). The Company holds 16,550,000 ordinary shares of £1 par value in PHP. These ordinary shares amount to 49.92% of the issued share capital of that company. The investment at 31 December 2013 also includes an investment in convertible preference shares of £nil (2012: £nil). The Company holds 11,770,000 preference shares of £1 each in PHP, amounting to 58.85% of convertible preference shares in issue.

Don't HCP On my way! nearly 60% of Puma?

You lost me after the first sentence. Riddler you must know this one

Delayed trades in a couple of days time no doubt.