Simbr
16 Jun 2016
refinance agreement "PPHE has entered into an agreement to refinance its interest in two of its London hotels and all six of its Dutch hotels. The facility for the London hotels is at an interest rate of 3.248% pa and 2.165% pa for the Dutch hotels. This compares with the average 4.2% we estimate the group was paying group-wide. PPHE is borrowing more, releasing funds to support the refurbishment of some of these hotels as part of the rolling group-wide programme. We continue to highlight the NAV per share at December 2015 valuations is 1537p."finnCap note out this morning, scraped from research tree
catsick
31 Mar 2016
Re: finncap note Basically spam , you have to sign up to some useless research site and pay 40 quid a month to read this , all fox red does is post links to his useless research site
catsick
11 Mar 2016
great results Excellent set of full year resuls eps of 1 euro per share , interesting they give a market value of the properties in these results too which reveals true nav to be 15.50 gbp per share , so we are still trading at less than half the tru value of the hotels , there is a nice pipeline of openings too over the next few years so good growth is pretty much baked in , Amazing to see you could have picked these shares up for 12p in 2008 not much more than an interim div now !
catsick
11 Aug 2015
upbeat H1 statement Sounds like things are continuing to go well , hopefully we get to close the bid valuation discount this company has to its larger listed peers ..
catsick
03 Aug 2015
Re: Great visual report on PPHE Hotel Group Actually this report is rubbish, it is computer generated from published data and knows nothing about the underlying company or true book values therefore all its assumptions are flawed, there is really no substitute for reading the companies annual reports ...Anyhow , making new highs so still looking good .....
mcescher
30 Jul 2015
Great visual report on PPHE Hotel Group The analyst consensus for PPH is look very bullish over the next few years, what do people think? PH" target="blank" rel="nofollow">[link]
catsick
02 Mar 2015
Nice results These results are very nice indeed , they are milking the hotels in London and have a strong pipeline of new openings , divs are racing higher and still very well coveredAlso a good chunk of this companies assets and resources are spent in developing hotels, which they then hold on the balance sheet at cost and depreciate , there are substantial hidden development gains and benefit from holding older hotels at prices paid up to 20 years ago The pure hotel side of the business is all that goes through the pnl and that side of the business is cranking out cash , these shares have performed well but can still go a lot higher and still be cheap ...
