KHC.N000 (Kandy Hotels Company)

Champ is Back · 1 KHC.N000 (Kandy Hotels Company) Sat May 12, 2012 12:09 pm

Champ is Back

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Guys, I spent few lacks on this share when it was 6.50 rs.

At this moment, market price is nearly 5.00 rs.

How do you feel this???

Is it fundamentally good?

I am really happy to hold if market shuts for 10 years. But the only think, i just want to know about the company performance.

UKboy · 2 Re: KHC.N000 (Kandy Hotels Company) Sat May 12, 2012 2:39 pm

UKboy

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As a company with future prospects Yes its a good company. But the issue is these bl^&* Indian managements hardly share their profits with minority share holders.

KHC still needs to refurbish Queens hotel.

Also they are working on a new 100 room hotel adjoining to Swiss hotel. This new hotel would be a 50:50 joint venture.

Well............. if you can hold the shares for 10 years ( as you said) I would go for CHOT rather KHC.

Champ is Back · 3 Re: KHC.N000 (Kandy Hotels Company) Sat May 12, 2012 6:34 pm

Champ is Back

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Nice to hear from you UKBoy...

I got some useful point from u.

Really appreciated...

ccsentha · 4 Re: KHC.N000 (Kandy Hotels Company) Sun May 13, 2012 1:12 am

ccsentha

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UKboy wrote:As a company with future prospects Yes its a good company. But the issue is these bl^&* Indian managements hardly share their profits with minority share holders.

KHC still needs to refurbish Queens hotel.

Also they are working on a new 100 room hotel adjoining to Swiss hotel. This new hotel would be a 50:50 joint venture.

Well............. if you can hold the shares for 10 years ( as you said) I would go for CHOT rather KHC.

What about RENU? doesn't that sound good fundamentally?

Antonym · 5 Re: KHC.N000 (Kandy Hotels Company) Sun May 13, 2012 7:46 am

Antonym

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ccsentha wrote:
What about RENU? doesn't that sound good fundamentally?

@ccsentha: When I evaluate RENU's financials, it looks great; at these prices, there probably isn't a better share in any sector.
But I started doubting the management's motives when they siphoned off surplus funds to a related company in Australia. I am sure that the RENU Chairman thinks he can get away with it, being the brother-in-law of the CBSL Governor and all. (But, as a shareholder, I feel cheated; that money was partly mine.)