Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: JimBeamII who wrote (38579)	1/4/1999 12:02:00 PM
From: EyeDrMike	Read Replies (1) of 119973

nice cash per share, low float, growing chain of hotels, and in the process of a stock buyback. Near its 52 week low. John Q. Hammons Hotels owns, manages and develops affordable upscale hotels in capital city, secondary and airport market areas. JQH owns and manages 45 hotels in 20 states. For the nine months ended 10/2/98, revenues increased 8% to $243.4 million. Net loss before extraordinary items totalled $1.4 million vs. income of $3.4 million. Revenues reflect increases in average room rates and total number of available rooms. Loss reflects expenses related to new hotel openings. book value 2.75 cash per share 7.63 trading at 3 3/4 price/sales 0.07 outstanding: 6 million float 3 million in the process of a share buyback also, could be 20% of the outstanding float.

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