Member Info for unvrkw

It's getting to a point nearly where confidence in the company and CD4 will happen. So a few more trials and then field trials in India. Even a 50 million unit slice at $5 is some income and no wonder they have opened a factory to support. At this rate with all the cash retuning to the uk we would generate some cash amount. To be sold in 2018, not too long in the scheme of things and due to that upgrade also I bought some more today. GLA

Well the comments about gold not having any value will disappear fast and I would think the uk authority will soon be accepting Chinese deals like never before, so I see no reason why cic gold won't be back with avengance pretty soon. All the gold majors are performing well so potentially helpful to the re list

Exports with sterling might do better?

I hope they transferred money for building this

So tourists might come more than before. I would imagine everything we get from our franchises outside the uk will benefit coming in and therefore win win. We don finance any euro businesses bar our proposal in Barcelona at this time. Therefore they are self financing and sterling dropping has no detrimental affect. Any euros coming in will give a boost at the minute and 10% on several million is ok. Internally in the uk we will gain especially in London. So not too bad in holding this share from the BREXIT result.

Merkl has been one of the only Europeans to state this should be done with no haste and not in a nasty manner. Junker thinks he can say and do the same as before, meekly realised you must now lead by example, help others and demonstrate the Eu is a good club. If the eu try and destroy the uk others will see this and want to leave. I wanted to remain but I also believe this can be negotiated. Why destroy thousands of jobs in uk so that we destroy thousands in Germany. Lots of sabre rattling, positioning and rhetoric which is to be expected. In three months time, and I don't think Cameron saying that was coincidence things will hopefully have calmed.

Hotels? Sterling down short term! People therefore divert in England from foreign holidays and stay in uk, Europe will visit as cheap. It's long term whether people keep jobs etc etc

Seems the share price can't be kept too low in comparison to the past, in three days a 14p and more upswing and managed to pick a few more up but towards the top of today's price I am afraid. We get some divi in next couple weeks, plus a few quid from tax divi so might buy a few more. Divi reinvested again and again might lead to something reasonable overtime, we shall see?

thing is the leavers will say they are, the remain are a lot more quiet in general as its not been seen as a loyal/british vote!! the polls predict a remain victory and the fste reacts. you will be glad to know i have voted to remain and most of my friends are. of course the older generation that has everything including my parents and who aren't in their case as economically bothered (they have their final salaries) are voting out! its all about the perception of risk and what you fear you will loose whether economically or in social/british freedom. i liked one of the debates last night on channel 4 news where someone challenged a black lady in saying she could still be racist voting to leave. answer was , " it might not be everyone voting to leave is racist but its a sure thing that all racists are voting to leave"

I think it will pass obviously. The company know the listed aspect and maybe similar to Manchester will use any unique points of interest to customers. The rooms can be all shapes and sizes, they fit in areas others wouldn't use and it the overall location and price as we know that's very important.

I missed the dip and now think I'm stuck in the BREXIT period of not knowing. Will let the market settle as I see the next two days as very unpredictable. They write that London will have no hotel rooms due to the city folk working the BREXIT night and Friday morning do if anything hopefully we can make some cash!

Maybe all Brexit people at Wembley tonight?

http://www.telegraph.co.uk/business/2016/06/21/costa-coffee-gives-whitbread-sales-a-jolt-amid-weak-hotel-market/?utm_source=dlvr.it&utm_medium=twitter Hotel demand down, budget should do better?

Barbican tonight at £150 a night for a twin room, Croydon £57 which in the first six months of opening never happened.

Certainly won't sell down to a level of no influence but he does longer term like many take cash out. Currently holds 55% of the business. He will want a return faster than anyone.

Circa 12000 potential owned rooms. That's an investment cost of £560 million, annual EBITDA of 86 million. A lot of money and I think a least half this is more than possible. Let's say 85 pence sp raising, 200,000,000 shares that's 170 million. A third of the way there which could do 3500 owned rooms. At that point very cash generating. Editda of 25,000,000 so divi approx 5.7 pence or more?

• Current hotel pipeline outstanding commitment of c. £24m • Cash on the balance sheet of £17.6m at 31 March 2016 • NatWest bank facility of £7.2m: • Due for repayment in January 2017 • Discussions underway with UK banks to replace existing facility • Initiated discussions with Spanish banks to part-fund Barcelona development for a € denominated facility at 50-60% Loan To Cost • Strategy not to borrow more than 3x net debt/mature EBITDA • Board continues to evaluate funding options

I can understand reservation and sp moves as the business has along way to go. At the same time a huge growth period is coming and a divi already twice yearly declared, something I assume that they intend to continue with. At play another 1000 rooms ontop of the 1800. Owned rooms generate say £7.5k EBITDA and cost 6.5 x editda to build. So I assume 5000 owned room, huge total but possible, approx 4550 ontop of now would give 34 million in EBITDA, however need 221 million to get there. The first 24 million is used, will give 1000 rooms not all owned hence where to grow quickly from with who's money. There will be in house cash plus equity raising, plus debt? The sp awaits these answers, overdraft to resolve by year end. In its favour it makes 64.5% margin, cash generating, divi giving and all investment goes on property which in general overtime also increase in value and an expecting of 15% overall return from investment in property.

Are we getting close to an sp bottom level? 10 more points and we would be right back to last year, watch this couple days next week heading into bexit and go from there

Not there yet!