What is the best stock to buy from Hotel sector?

ccsentha

ccsentha

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Their cash reserves and cash balance seems to be increasing over the years. It looks they have cash in abundance.

mark · 27 Re: What is the best stock to buy from Hotel sector? Thu Apr 19, 2012 8:44 pm

mark

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its RENU,wow this worth......

http://www.cse.lk/cmt/upload_report_file/569_1329215298198.pdf

as at 31/12/2011

Net Assets Per Share 278.90

EPS-9 months- 50.70Rs

ccsentha

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So what is the order of best hotels?

No.1 is RENU - popular choice of the forum members
No.2 ????

manula

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Main thing i see is RENU is not only in the Hotel Sector and with many other core business... will be the great advantage...see the figures given by raja...above

Rajaraam · 30 Re: What is the best stock to buy from Hotel sector? Sun Apr 22, 2012 3:36 pm

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ccsentha , other good hotels in my watch list are Pegasus,Amaya and Hunas Falls.These hotels are running with a rreasonable profits. But you have to study their performance and future plans deeply.

ccsentha

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manula wrote:Main thing i see is RENU is not only in the Hotel Sector and with many other core business... will be the great advantage...see the figures given by raja...above

Do they have any other core business?

manula

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ccsentha wrote:

manula wrote:Main thing i see is RENU is not only in the Hotel Sector and with many other core business... will be the great advantage...see the figures given by raja...above

Do they have any other core business?

As i know they are in the export sector.. and same as packing industry and agriculare sector ..but seems to be in the raja table figures are impressive ..

prasannac

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I agree on renu

Monster

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manula wrote:

ccsentha wrote:

manula wrote:Main thing i see is RENU is not only in the Hotel Sector and with many other core business... will be the great advantage...see the figures given by raja...above

Do they have any other core business?

As i know they are in the export sector.. and same as packing industry and agriculare sector ..but seems to be in the raja table figures are impressive ..

Is RENU engaged in packing, agriculture and export industry? Are you talking about Renuka group (RHL, COCO, RAL)?

kam2011

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manula wrote:Main thing i see is RENU is not only in the Hotel Sector and with many other core business... will be the great advantage...see the figures given by raja...above

Dear manula, According to their financials RENU's core busines is it's hotel operations. How ever RENU functions as an investment trust too.

Monster

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kam2011 wrote:

manula wrote:Main thing i see is RENU is not only in the Hotel Sector and with many other core business... will be the great advantage...see the figures given by raja...above

Dear manula, According to their financials RENU's core busines is it's hotel operations. How ever RENU functions as an investment trust too.

I agree.

kam2011

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Monster wrote:

manula wrote:

ccsentha wrote:

manula wrote:Main thing i see is RENU is not only in the Hotel Sector and with many other core business... will be the great advantage...see the figures given by raja...above

Do they have any other core business?

As i know they are in the export sector.. and same as packing industry and agriculare sector ..but seems to be in the raja table figures are impressive ..

Is RENU engaged in packing, agriculture and export industry? Are you talking about Renuka group (RHL, COCO, RAL)?

You are right Monster, RENU is not involve in Agri,packing or export business. Companies fallen under RHL such as COCO and RAL are engaged in Agri. and export etc.

Backstage · 38 Re: What is the best stock to buy from Hotel sector? Tue Apr 24, 2012 1:08 pm

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My pick for the medium to long term would be CHOT. This is based purely on market positioning and future asset value.
Most of the new hotel projects (and even restaurants) are targeting the high end of the foreign tourist market. This market is somewhat seasonal and more importantly, vulnerable to a various external and internal factors beyond industry control (as we witnessed during the war time). There is a large and growing year round middle class local and Indian tourist market, grossly under serviced and largely ignored by the big industry players. IMO the CHOT properties are some of the choicest bits of properties in Sri Lanka. The CEO appointed last year indicated that they would probably be targeting a different market.
I am not good at financial and tech analysis, would really appreciate if people in the know contribute.

SL.Market · 39 Re: What is the best stock to buy from Hotel sector? Tue Apr 24, 2012 1:28 pm

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MRH(21)
CHOT(24)

manula · 40 Re: What is the best stock to buy from Hotel sector? Tue Apr 24, 2012 8:18 pm

manula

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kam2011 wrote:

Monster wrote:

manula wrote:

ccsentha wrote:

manula wrote:Main thing i see is RENU is not only in the Hotel Sector and with many other core business... will be the great advantage...see the figures given by raja...above

Do they have any other core business?

As i know they are in the export sector.. and same as packing industry and agriculare sector ..but seems to be in the raja table figures are impressive ..

Is RENU engaged in packing, agriculture and export industry? Are you talking about Renuka group (RHL, COCO, RAL)?

You are right Monster, RENU is not involve in Agri,packing or export business. Companies fallen under RHL such as COCO and RAL are engaged in Agri. and export etc.

Thanks monster and kam 2011 for the information .. yes you are correct... COCO and RAL are engaged in the export, Agri etc.. and sperately listed in the market. sorry for the mistake.

But only thing i cannot understand ..why they cannot go under one company.. like JKH,FLCH,RICH..

ccsentha

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RENU has come up with good results.

What is that 125M finance cost in income statement? it has been marked as an income

any way, doesn't look realy cheap at a P/E of 2.7??????????

Antonym

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ccsentha wrote:RENU has come up with good results.

What is that 125M finance cost in income statement? it has been marked as an income

any way, doesn't look realy cheap at a P/E of 2.7??????????

@ccsentha: My guess is that the finance income is partly due to revaluation of loan given to a related party, in Australian dollars. The devaluation of LKR has increased the value of that loan; the increase in trade receivables of Rs 62 million (in cash flow statement) also suggests this.

CSE.SAS · 43 Re: What is the best stock to buy from Hotel sector? Thu May 24, 2012 3:40 am

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If i want to buy a stock from hotel sector, which one should i go for?

http://forum.srilankaequity.com/t18074-if-i-want-to-buy-a-stock-from-hotel-sector-which-one-should-i-go-for

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What is the best stock to buy from Hotel sector?

26 Re: What is the best stock to buy from Hotel sector? Tue Apr 17, 2012 12:04 am

ccsentha

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