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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Best shares in the Hotel sector ????

Best shares in the Hotel sector ????

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1Best shares in the Hotel sector ???? Empty Best shares in the Hotel sector ???? Tue Mar 22, 2011 7:20 pm

million


Senior Equity Analytic
Senior Equity Analytic
What are the hotels which could bring the best results in this quarter as well as next quarter?

2Best shares in the Hotel sector ???? Empty Re: Best shares in the Hotel sector ???? Tue Mar 22, 2011 7:23 pm

ndnk

ndnk
Manager - Equity Analytics
Manager - Equity Analytics
REEF
BBH
TAJ

3Best shares in the Hotel sector ???? Empty Re: Best shares in the Hotel sector ???? Tue Mar 22, 2011 8:00 pm

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
RENU! Period!

4Best shares in the Hotel sector ???? Empty Re: Best shares in the Hotel sector ???? Tue Mar 22, 2011 8:21 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
@Rajitha: I endorse that completely... RENU may not be the most popular share, but it IS the best buy in the hotel sector. (Warning: It is rather illiquid; so, don't buy it for short term gains.)

5Best shares in the Hotel sector ???? Empty Re: Best shares in the Hotel sector ???? Tue Mar 22, 2011 9:44 pm

jaya


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
EDEN,CONN,SPEN,AHOT,TAJ

6Best shares in the Hotel sector ???? Empty Re: Best shares in the Hotel sector ???? Tue Mar 22, 2011 9:58 pm

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Antonym wrote:@Rajitha: I endorse that completely... RENU may not be the most popular share, but it IS the best buy in the hotel sector. (Warning: It is rather illiquid; so, don't buy it for short term gains.)


RENU remains to be sound stock; there may be few members who interested on this. I just analyzed its financial.
It is Amazing!!!!!.

RENU has following strong factors……….

Annualized EPS – RS.45

Net Asset / Share - Rs.232

PE ratio - 9 times (Lowest PE, whereas Market PE -25. Hotel Sector PE)

Last quarter Price Movement – High Rs.450 ( October) Low –Rs.300 ( December)
Current Price- Rs.350

Issued Shares Qty – 7mn Shares. (High possibility for Share split). Further major share holders hold 88%. Hence floating shares only 12%.

RENU has strong investment portfolio including some of blue ship companies, this investment is reported in the financial as long term investment and carried at COST ( As per SLAS). When value the investment holding @ current market price that would give the actual worth of the company.

I tried to value RENU’s long term Investment Portfolio. The information gathered from its annual report and adjusted share splits (DFCC, COMB and RICH).

Investment QTY Price Mkt Value COST
CeylonHospitalsPLC. 1,044 102.00 106,488 43,508
CommercialBank 1,886,132 260.00 490,394,320 75,186,087
CapitalReachLeasing 20,000 44.60 892,000 360,000
D.F.C.C.BankLTD. 6,704,070 199.50 1,337,461,965 432,223,011
DialogTelecomPLC 88,000 11.80 1,038,400 1,738,000
GrainElevatorsPLC. 47,000 74.00 3,478,000 1,068,500
H.D.F.C.Bank 2,900 550.00 1,595,000 638,000
HattonNationalBank 5,000 399.90 1,999,500 324,560
HotelServices 166,500 26.00 4,329,000 3,565,111
JohnKeellsHoldings 1,926,355 298.90 575,787,510 213,332,331
LankaIOC 230,000 18.90 4,347,000 9,909,502
LankaMilkFoods 90,000 113.00 10,170,000 540,000
LionsBreweriesPLC. 8,000 188.00 1,504,000 645,000
NationTrustBank 1,858,775 83.50 155,207,713 58,158,654
NamunukulaPlanPLC. 38,900 120.00 4,668,000 632,575
RoyalCeramicsLanka 100,000 304.00 30,400,000 1,594,848
RoyalPalmsBeach 98,750 90.00 8,887,500 882,830
RichardPierisPLC. 3,249,990 10.60 34,449,894 15,000,000
SierraCablesPLC. 242,400 4.30 1,042,320 531,300

Total portfolio - 2,667,758,609 ( Mkt Price @ 31.12.2010)


Note: Reported cost of Investment as of 30.09.2010 – 879Mn whereas cost of investment as at 31.03.2010 is Rs.806Mn. Hence RENU made additional investment in its portfolio. The total market value of the investment mentioned above should be high….

Hence the attributable value to RENU from marketable value of its investments portfolio is Rs.381 ( 2.7Bn/7Mn)

Further the value from core business is Rs.60 ( 4*15)
Annualized EPS from Core Business - Rs.4 (EPS is adjusted with other income rs.145mn contributed form investment activities)

Expected PE -15, Whereas Mkt trading @ 25........

It will reflect its its real value after that releasing annual report with amazing portfolio.

DO MORE STUDY on RENU..........

Happy Trading

7Best shares in the Hotel sector ???? Empty Re: Best shares in the Hotel sector ???? Tue Mar 22, 2011 10:07 pm

achala75


Senior Equity Analytic
Senior Equity Analytic
I think among colombo city hotels GALADARI is going to be the winner. Compare to stock price of all other 5 stars in the city Price level is very attractive. Galadari still u can by at 33/-No any other City hotel stocks at that price. only GALADARI. And very attractive location . We can expect rapid increase in their turnover with increased no. of tourists and planned city development. Outside Colombo in mid term I beleive the best is keeels Hotel(KHL)

8Best shares in the Hotel sector ???? Empty Re: Best shares in the Hotel sector ???? Wed Mar 23, 2011 1:22 am

san1985

san1985
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
How about MARA and SERV??

9Best shares in the Hotel sector ???? Empty Re: Best shares in the Hotel sector ???? Wed Mar 23, 2011 1:28 am

anu

anu
Manager - Equity Analytics
Manager - Equity Analytics
@achala75 wrote:I think among colombo city hotels GALADARI is going to be the winner. Compare to stock price of all other 5 stars in the city Price level is very attractive. Galadari still u can by at 33/-No any other City hotel stocks at that price. only GALADARI. And very attractive location . We can expect rapid increase in their turnover with increased no. of tourists and planned city development. Outside Colombo in mid term I beleive the best is keeels Hotel(KHL)

Galadari is sitting on a mammoth accumulated loss of Rs. 9 Bn. Eventhough the hotel has turned around and made an annual profit of 33Mn for 2010, it has a looooooong way to go!

10Best shares in the Hotel sector ???? Empty Re: Best shares in the Hotel sector ???? Wed Mar 23, 2011 2:59 am

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@san1985 wrote:How about MARA and SERV??

If you ask which one of above is the best to buy.. I would say SERV.
But there are many heathly fish in the sea.

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