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Asian Hotels & Properties PLC Initiation of coverage by Amba Research Wed Sep 25, 2013 2:40 pm
Re: Asian Hotels & Properties PLC Initiation of coverage by Amba Research Wed Sep 25, 2013 4:04 pm
Re: Asian Hotels & Properties PLC Initiation of coverage by Amba Research Wed Jan 29, 2014 10:10 am
Re: Asian Hotels & Properties PLC Initiation of coverage by Amba Research Wed Jan 29, 2014 10:51 am
Re: Asian Hotels & Properties PLC Initiation of coverage by Amba Research Wed Jan 29, 2014 11:05 am
econ wrote:There seem to be no Impact of CHOGEM on profit levels.
Re: Asian Hotels & Properties PLC Initiation of coverage by Amba Research Wed Jan 29, 2014 1:06 pmUKboy wrote:Thanks CSE.SAS
They should get direct benefits from commonwealth meeting as well as Hilton refurbishment project (if happens according to the plan)
But it’s difficult to collect below 70. This can be bounced back to mid 80s with very little effect due to lack of liquidity.
Tried collecting around 66 but was not a very successful story.
Re: Asian Hotels & Properties PLC Initiation of coverage by Amba Research Wed Jan 29, 2014 1:18 pm
UKboy wrote:UKboy wrote:Thanks CSE.SAS
They should get direct benefits from commonwealth meeting as well as Hilton refurbishment project (if happens according to the plan)
But it’s difficult to collect below 70. This can be bounced back to mid 80s with very little effect due to lack of liquidity.
Tried collecting around 66 but was not a very successful story.
As sls mentioned CHOGM event went at the wrong direction. It was my biggest miscalculation in 2013.
Also I'm now told that the Hilton will not be closed 100%. They have changed the refurbishment plan.
As per the new plan they will close 4 floors at once and refurb two floor. This will continue.
How they will refurb the ground floor is still unknown.
I think government recently bought AHPL at a really good price (unlike their some investments in last few years)
However no shares left with me.
Re: Asian Hotels & Properties PLC Initiation of coverage by Amba Research Wed Jan 29, 2014 1:23 pmBackstage wrote:
I too miscalculated the CHOGM impact. It was the govt that screwed it up by blocking out the rooms and then cancelling at last moment.
Re: Asian Hotels & Properties PLC Initiation of coverage by Amba Research Wed Jan 29, 2014 1:27 pmslstock wrote:Usually Hotels charge for 1 night or more if someone cancels at the last minute.
I guess Govn might have been above the rules.
Seems the Hotels increased the rates else with occupancy level as low as 50% , I am surpised they reported even this earning.
What was supposed to be blessing turned out to be a dressing.
Hope CHOGM brought FDI atleast. ( so far what is brought am not sure)
Mercedes and a ridiculous statue at Rajagiriya.Backstage wrote:
I too miscalculated the CHOGM impact. It was the govt that screwed it up by blocking out the rooms and then cancelling at last moment.
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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Asian Hotels & Properties PLC Initiation of coverage by Amba Research
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