Morning all!

EasyHotel ( Easyhotel (LON:EZH) ) – 99p – £145m – PER 99

Trading Update For The 12 Months To End September 2019 – Revenue up 56% (owned LFL 7.7%, franchise LFL 1.6%), EBITDA to be circa £4.6m (I think this is a 10% or so miss), some opening delays mentioned too.

Doesn’t seem to warrant the current rating to me.

As always, all comment most welcome!

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