Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on SAFESTAY PLC. We currently have 19 research reports from 4 professional analysts.
|02Dec16 12:02||RNS||Directorate Change|
|06Oct16 07:00||RNS||New Planning Permission|
|22Sep16 03:02||RNS||Holding(s) in Company|
|22Sep16 03:00||RNS||Holding(s) in Company|
|12Sep16 10:31||RNS||Half-year Report - Replacement|
|12Sep16 07:00||RNS||Half-year Report|
|20Jul16 03:14||RNS||Revaluation of Elephant and Castle Hostel|
Frequency of research reports
Research reports on
Northland Capital Partners Morning Report
11 Apr 16
Business doubled in size in FY15, though did not see the benefits of a full year of trading from Holland Park and Edinburgh which will be the case in FY16. Management seeks to double the size of the business again in FY16 and has appointed Philip Houghton as CEO and Mark Beveridge (former InterContinental Hotels Group) as FD to help support the senior management team in its preparation to accelerate growth into key European cities.
Living wage bolsters retail/leisure outlook
26 Feb 16
Recent market turmoil offers selective buying opportunities in the General Retail and Leisure sectors. Key UK macro data-points all continue to look supportive of consumer spending, now with added stimulus from the Living Wage (LW). This backdrop can drive outperformance with reasonable upside risk to earnings and valuations on a 1-2 year view, especially stocks biased to low-to-mid income groups and/or exposed to online and retail parks, with limited LW costs. We advocate a positive stance on 12 stocks based on fundamentals, improving spend dynamics stemming from the LW, and oversold positions or rating differentials: BCA Marketplace, Cineworld, Conviviality, CVS (Corp), Dunelm (NR), Greggs (Corp), Halfords, Marston’s, N Brown, Safestyle UK, Safestay (NR) and ScS (NR). Ret ail & Leisure Sect or
Have investors checked out too early?
26 Feb 16
While some of the share price decline from 8p in December can be attributed to dilution from the placing announced that month and general market risk aversion, the current market cap of c.£8m appears not to recognise the progress in establishing a global brand, a range of unique accommodation formats and an ever expanding event programme, moving towards profitability and with exciting prospects.
Poised for more profitable growth and cash returns
26 Feb 16
Safestyle saw trading performance accelerate in H2 and the dilutive effects of credit in the mix were much less significant than anticipated. Whilst the gross profit beat was mostly reinvested in marketing and brand repositioning in FY’15, this is unlikely to be ongoing in the new financial year. With strong momentum so far in Q1, the prospect of markets returning to growth helped by the Living Wage, and national competition struggling to make the credit transition, we see risk to the upside. Details of this and the magnitude of the capital return will be clarified at the March prelims which ought to be a positive catalyst for the shares. We reiterate a BUY stance with a 280p target.
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
N+1 Singer - Morning Song 30-11-2016
30 Nov 16
Sanderson has delivered full year results in line with expectations and the 19 October trading update after a strong finish to the year compensated for a slower start. A healthy level of pre-contracted recurring revenue (50%), incremental sales to existing customers and new customer wins at higher average order values helped deliver solid revenue growth in both the Digital Retail (+9%) and Enterprise (+12%) divisions. A decent order book and good sales momentum suggest that the company is on track to deliver on unchanged profit expectations for the current year. We continue to view the valuation (FY17 EV/EBITDA 8.6x) as undemanding given an attractive combination of accelerating growth potential, strong cash generation and growing dividends.
N+1 Singer - Morning Song 29-11-2016
29 Nov 16
Vp has reported another impressive set of interims, confirming strong growth in most markets and a positive outlook. Recent acquisitions are bedding in well and the full year outturn is set to exceed previous expectations (5%/6% EPS upgrades in FY17/FY18). The recent Capital Markets Day provided a reminder of Vp’s qualities (specialist focus, high returns, strong cash generation) and its growth potential, which in our view are not reflected in a modest <11x P/E rating. We firmly believe the shares are due a re-rating and see intrinsic value in excess of 800p.