WTB Whitbread Just about enough net income for LT debt
Increasing operating income since covid :) Bearish RSI divergence on weekly chart
150M share buyback Growth plan - exit from 126 low growth restaurants and convert 112 restaurants into hotels
Premier Inn 850 hotels - 85k rooms Uk Growing Germany
Upgrade room technology
Expecting lower inflation and interest rates but not relying on this - and driving key business
Exiting 124 restaurants and building rooms
8yr avg EPS - 22 4400 Current -18 3600 Industry average 36. 7200
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Negative ROE Negative NPM High capex! 180%!! Vs 50% target Still paying dividends .:. Not growth :/ Retained earnings decreased 22-23 Underperformed FTSE100 in returns since 2014 BBB credit rating