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Condor Hospitality Trust Inc. Message Board

kydrby15 20 posts  |  Last Activity: Jun 28, 2016 11:33 AM Member since: Jun 18, 2008
  • kydrby15 kydrby15 Jun 28, 2016 11:33 AM Flag

    I agree...im not sure how monty feels so empowered considering election results...but yes, i can see a shareholder derivative suit coming.....clearly the company has a valid course of action, yet the ceo is refusing to use it to the detriment of shareholders...honestly, you can spin any metric to say 20 25 is too cheap...but the market has priced this stock under 15 for 2 years.....I think weisman makes one more attempt

  • Reply to

    Disappointed

    by budlight_presents Jun 27, 2016 6:21 PM
    kydrby15 kydrby15 Jun 27, 2016 10:25 PM Flag

    dude, its monty...all he cares about is monty....paying himself 6 mill a year, is worth a lot more to him than ahp going up 20%....read what he said...20 .25 is "materially" undervalued...yet he bought back ZERO shares of AHP ...until sessa sued him....and while it may be low offer, its far better price than what he has been able to generate

  • Reply to

    nice response monty

    by kydrby15 Jun 27, 2016 4:55 PM
    kydrby15 kydrby15 Jun 27, 2016 6:30 PM Flag

    I think its pretty obvious to all, the board is NOT independent....any money that goes to AINC takes away from us ahp shareholders....and if monty thinks ahp is worth so much, why didnt he take it private at 12-14 and sell it off?...I think about 250k per key and 100 mill to ainc will get deal done...so maybe 22-22.50....lets hope!!!...but moral of story, monty is NOT aligned with us.

  • 20.25 undervalues AHP, yet you have not had the stock anywhere near there since you spun it off. You tell weisman to negotiate with you to try and lower termination fee with AINC. But YOU ARE AINC. So you and weisman will talk to you and your dad? brilliant!!! And yes the hotels are worth more, but not when you factor in the break up fee. You are seriously harming the shareholders of AHP. My only hope is greed doesnt take over, take 100 mill for AINC, 22 a shr for ahp and MOVE ON....otherwise ahp is back at 10.50 and the value you claim is there will not be realized in my lifetime. Escpeically if recession hits.

  • Reply to

    Whats wrong with this stock?

    by swissquotee Jun 22, 2016 5:15 PM
    kydrby15 kydrby15 Jun 24, 2016 11:57 AM Flag

    how about nothing of substance brought to market in20 years?

  • Reply to

    450 mill offering

    by kydrby15 Jun 23, 2016 3:40 PM
    kydrby15 kydrby15 Jun 23, 2016 3:51 PM Flag

    if indeed monty goes through with this, it will show what great length he will go to, to preserve running all 3, which screams he is making a fortune in a way, shareholders are NOT....issuing 450 mill worth of AHT stock, at 70% of book is a serious dilutive disservice to shareholders. Not sure why else they feel the need to raise 450 mill

  • kydrby15 by kydrby15 Jun 23, 2016 3:40 PM Flag

    I see jun 14 monty filed a potential 450 mill offering....incredible...must be to buy AHP back..since his hands look tied there, maybe he will use AHT to counter weisman

  • Reply to

    Keep selling hotels.

    by stage3time Jun 18, 2016 1:58 PM
    kydrby15 kydrby15 Jun 19, 2016 12:25 PM Flag

    I agree. In fact, one can hope, a bid for AHT appears like with AHP.

  • Reply to

    Can anyone tell me who is WEISMAN Group?

    by crusher_for_u Jun 14, 2016 12:42 PM
    kydrby15 kydrby15 Jun 14, 2016 5:29 PM Flag

    that had to be a joke, right?

  • Reply to

    let me get this straight

    by kydrby15 Jun 11, 2016 10:52 AM
    kydrby15 kydrby15 Jun 12, 2016 8:14 AM Flag

    well, my point is PEB 1.2x book....HT 1.26 x book...LHO...1.13x book....AHT .67 of book...

  • so, the slate nominated by AHP gets more withheld votes than for votes. Tenders resignation, then the same board rejects it, and re elects them? Then they have the nerve to say they are listening to shareholders? WTF? Lets hope deutsche bank is as tired of monty as we are and strongly encourages them to engage and ultimately accept weisman offer. These are the types of things that leads to AHT trading well below book, when every other hotel reit trades above book. Add this to the growing list of how monty is NOT aligned with shareholders. Yes he owns stock, but he pays himself 6 mill a year and grants option to himself and all his buddies. Why would he want that to end?

  • Reply to

    well done monty

    by kydrby15 May 19, 2016 1:31 PM
    kydrby15 kydrby15 Jun 9, 2016 4:20 PM Flag

    read the release.....20.25/shr x 29 mill shs outstandng is 587 mill....2.9 mill pfd shares at 25 is about 73 mill...70 mill for breakup fee plus 800 mill in debt is about 1.5 bill.....so, if monty wants 150 mill break up fee..its only anohter 80 mill or so....and youre on crack if you think over time, this stock will go to 20...weve had a robust hotel mkt the last 7 years with little supply added...now supply is being added, air bnb a threat and what if eceonomy stalls or recession hits.....this stock will be below 10....but moonty will draw a huge salary and grant himslef and buddies options....

  • Reply to

    well done monty

    by kydrby15 May 19, 2016 1:31 PM
    kydrby15 kydrby15 Jun 9, 2016 3:56 PM Flag

    and theyve set aside 70 mill already...another 70 mill or so wont kill a 1.5 bill dollar deal

  • Reply to

    well done monty

    by kydrby15 May 19, 2016 1:31 PM
    kydrby15 kydrby15 Jun 9, 2016 3:42 PM Flag

    well, tell me how monty is going to get this stock to 20? with 70 mill included in deal for fee, shareholders are getting 20 25 a share.....monty no way, no how will ever get this stock to 20....period...end of story

  • Reply to

    well done monty

    by kydrby15 May 19, 2016 1:31 PM
    kydrby15 kydrby15 Jun 9, 2016 2:55 PM Flag

    upon further review, looks like 70 mill being allocated to be AINC breakup fee....considering thats about 1/2 of AINC mkt cap id say its fair.

  • Reply to

    well done monty

    by kydrby15 May 19, 2016 1:31 PM
    kydrby15 kydrby15 Jun 9, 2016 2:37 PM Flag

    umm...explain that please.....20.25 for stock plus debt assumption....how can it get any better than that? This stock will NEVER EVER see 20 again in my lifetime....the truth is monty has destroyed wealth of shareholders to his gain....AHP a disater since being spun off.....AINC even worse.....but truth is monty and family own the majority of AINC, and without the hotels in AHT/AHP to manage it really is worthless. Monty will never get AHP up to 20. Us shareholders will never get any sort of stock appreciation as long as that fee is there. Thats why sessa was fighting....the market is willing to pay 20, and to me, it wont get any better than that....its been a tough sector, no doubt, but that offers me little comfort. Monty has destroyed shareholders the last 2 years, but with that fee in place, we have no chance...I wish sessa had succeeded...rest assured, monty will use any and all tactics to tell ou why a 90% premium is bad for us. Truth be told, its only bad for him

  • Reply to

    well done monty

    by kydrby15 May 19, 2016 1:31 PM
    kydrby15 kydrby15 Jun 9, 2016 1:42 PM Flag

    it is a complete lack of trust in monty...its saying he will pull every lever possible to avoid selling and will deem this offer is NOT in the best interests of shareholders....but his wealth destruction in ahp is better for shareholders...

  • Reply to

    Monty sold some stuff ....

    by dhoulihan27 Jun 8, 2016 10:32 AM
    kydrby15 kydrby15 Jun 8, 2016 6:08 PM Flag

    dude, wake up or learn to read....AHT has announced sales of 7 hotels recently....i believe thats what hes referring to.....and i agree with him, it is surely whats needed as the value of hotels for all hotel reits not reflected in stock price......todays AHP news has nothing to do with what he posted on

  • Reply to

    well done monty

    by kydrby15 May 19, 2016 1:31 PM
    kydrby15 kydrby15 Jun 8, 2016 6:06 PM Flag

    what are you talking about?....

  • kydrby15 kydrby15 Jun 8, 2016 5:39 PM Flag

    it is a no brainer. But the disconnect between the cash offer, and where it closed is telling. And, yes, class actions will be flying if they dont accept deal. I have said monty should just take everything private, then hes free to do whatever he wants. However, I doubt he has anyone willing to back him to the billions he needs based on his performance and conflicts hes created. Also, he gets to give himself and buddies options at the shareholders expense being public. I would also speculate, a simple yes, is not coming. Probably another complicated deal, maybe rolling everything back into one again. I guess it also depends on what fidelity/vanguard think of deal. But i can assure you, there is NO way monty would have ever got the stock to 20 on his own. The price is set. Either outbid them and go private, or accept deal.

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