Couldn't resist29 Aug 2015 19:17
Bought in on Friday at hoping is near the low of 70. £5k into stock as I think this business has a place in the market and has some very slick, capable people on board.
Will add further if other funds allow, none at this time but next set of results is a little way off and maybe something else will mature before hand.
Own hotels in UK and Europe and franchise outside of this region. The list is already big and hotels in London, Liverpool and Manchester will do well. Plenty money obviously, I assume no great fund raising to come and profit is being made and would assume 30% divi next year from profits.
Now the CEO has around £40k in, I will head towards the £20k if I can, I isa and wait it out, the business model is proven its just customers and rooms needed. With each hotel also comes residual value in the buildings hopefully!