Member Info for unvrkw

https://www.thestar.co.uk/news/work-begins-to-transform-former-sheffield-city-centre-store-into-budget-hotel-1-9040426

Might see some gains if numbers keep improving?

Good results and increase in divi as expected

Looks like its on the way! The tripling sp affect is just being. Roll on 50 pence

Can�t think for a second why they would publish all these results for no reason. Read frank Lewis has now left, some dates on listing don�t make great sense but we made a profit! Or did we?

More a question now of approval and then announcement of next 8 ish hotels. Would this amount of hotels generate enough to keep expanding? I don�t think so, maybe more equity year from now. They went for 45 million and extended to 50 which is a good sign

Agree. I�m happy to sign the 50 pence takeover price now if you put it in front of me. No problems

they have invested for sometime. good investors and really good sign

agree, maybe Dandee is the old CEO creating a bit of action??

so are you implying there is something in the near future coming? as the sp isnt certainly reacting to this and normal word gets out beyond one person and you start to see a rise. it would be good/interesting to see

They have also stumped up some cash for the placing which is always good to see. Plenty of company bosses that don�t use any of their cash. Sp has stayed stable, no reaction to dilution and dropping off as literally shares are been swapped for cash which buys assets so the company value will go up.

yes I agree. in one way you could get more shares however the discount isn't huge, they have increased since the last placing and everything is going towards more assets. if they didn't do this they wouldn't be big enough to grow and buy more hotels, they aren't self financing to the extent of growing as yet. no where near. there's another �80 million being raised in different ways here to buy and built hotels.

expected for me and aiming for a large pot. the �50 million is nearly all to be spent on new hotels buys, also a �30plus million loan for other hotel buys. we are up over 10% rev par this current year against competitive set? at pains to say refurbishment is part of the current cash pot and i.e. we aren't raising working capital. already identified where the money is going, one big investor putting more in whilst most see there % dilute somewhat as things grow which isn't unusual. sp might react ok to potential in the future??

well it looks like the takeover has been delayed!!

Looks ok for today, another 2 or 3 %

When are the AAAP results out ?

It�s a long haul but I don�t think a bad one. Just take several years to develop and grow

Until results so good sp progress can be made!!

5.5 pence? Around this mark, no reason why the business hasn�t continued to do well.

Yes everyone�s starting to sense an sp rise before results so slowly buying in. I bought a few more today