Surely a hotel rally soon......

sikka89 · 1 Surely a hotel rally soon...... Mon Oct 03, 2011 8:39 pm

sikka89

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Today almost every hotel share closed up, & traded actively,we will see a hotel rally soon,may be today is the start,your comments are wellcome Very Happy

viper123 · 2 Re: Surely a hotel rally soon...... Mon Oct 03, 2011 9:40 pm

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This is last quarter which will be good for tourism. Will keep on eye i think most of them are collecting these days. santa

sikka89 · 3 Re: Surely a hotel rally soon...... Mon Oct 03, 2011 9:52 pm

sikka89

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http://forum.srilankaequity.com/t10918-mira-is-it-about-to-run

viper123 i hope you are correct with hotels as u said about RGEM & MIRA(yesterdy) Very Happy

Rajaraam · 4 Re: Surely a hotel rally soon...... Mon Oct 03, 2011 10:23 pm

Rajaraam

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Or.viper123, Good news. But on what reason. Coz winter starts or technical studies indication.

windi5 · 5 Re: Surely a hotel rally soon...... Mon Oct 03, 2011 11:46 pm

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illiquid hotel shares might soar. Staf had a sudden rally last month where it hit 70. Still its attractive. Check the traded volume of staf in the last 5 days.

mark · 6 Re: Surely a hotel rally soon...... Tue Oct 04, 2011 12:00 am

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wondering when these shares going to justify their prices Rolling Eyes

,too much high PE ratios and anticipating huge profits scratch

finally this is CSE ne,
there may be a hotel rally, if so then RENU,PALM,NEH,KHC,TAJ may benefit...but worth share is RENU based on PE..

CSE.SAS · 7 Re: Surely a hotel rally soon...... Tue Oct 04, 2011 12:27 am

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sikka89 wrote:Today almost every hotel share closed up, & traded actively,we will see a hotel rally soon,may be today is the start,your comments are wellcome

Sri Lanka tourism earnings can reach USD 1 bn in 2011: official

http://forum.srilankaequity.com/t10958-sri-lanka-tourism-earnings-can-reach-usd-1-bn-in-2011-official

nuwank · 8 Re: Surely a hotel rally soon...... Tue Oct 04, 2011 10:02 am

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CHOT, undervalued and has potential to hit earlier highs of 40 and above. Book value around 36, no significant debt and has been profitable if not for the capital expenditure and the closure of most locations with the last year or so for renovations. Also, great opportunity if the Gardiners sell a stake for a premium. Kandy Hotel stake is very attractive as the 2 Kandy Hotels are highly desirable and very illiquid.