What’s the next rally ?

Maharaja · 1 What’s the next rally ? Sat Jul 29, 2023 7:29 pm

Maharaja

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Dear followers,

The next rally will be Hotels.
Solid fundamentals because of how well tourism is performing.
Maharaja expect hotels to report better and better earnings for the next 2-4 quarters.

Dollar earning sector will outperform the ASPI
Since dollar

is also appreciating silently.

Not a buy or sell advise

MAHARAJA

Maharaja · 2 Re: What’s the next rally ? Tue Aug 01, 2023 11:53 pm

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Reasons why hotel sector is heavily attractive

1.) Daily tourist number is rising

2.) Dollar rate is also rising

3.) Heavy marketing campaigns overseas

4.) All airlines started direct routes to SL

5.) Russian, Chinese and Indian markets are coming in big numbers

SL will cross $1 Billion from tourism soon.

Maharaja

K.R · 3 Re: What’s the next rally ? Tue Aug 08, 2023 7:07 am

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During the first six days of August, a total of 30,303 tourists entered the country, solidifying the country’s appeal as a preferred travel destination.

Sri Lanka Tourism achieved a significant milestone yesterday, as it crossed the 800,000 arrivals mark year-to-date, signaling continuous momentum.

Minister Fernando also expressed confidence in achieving the set arrivals target of 2 million by the end of December.

https://www.ft.lk/front-page/Tourist-arrivals-so-far-in-2023-cross-800-000-mark/44-751536

Maharaja · 4 Re: What’s the next rally ? Tue Aug 08, 2023 9:21 am

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Hotels will be the best sector in coming weeks and months !

Maharaja

Maharaja · 5 Re: What’s the next rally ? Wed Aug 23, 2023 9:20 am

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Hotel rally is getting closer and closer. Banks are slowly coming to the end.

Maharaja

cseguide · 6 Re: What’s the next rally ? Wed Aug 23, 2023 9:56 am

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HSIG started the run

God Father · 7 Re: What’s the next rally ? Wed Aug 23, 2023 10:06 am

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Maharaja · 8 Re: What’s the next rally ? Wed Aug 23, 2023 10:44 am

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LOLC group hotels leading as usual !

Maharaja

celtic tiger · 9 Re: What’s the next rally ? Thu Aug 24, 2023 3:59 am

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*1 mn tourist not going to make huge changes to the profitability of listed hotels. 2.5 mn may be..
*Most of the tourist are Indians, Chinese and Russians. Their spending power, patterns may not go well with star class listed hotels.
*Most of the European tourist to SL at the moment are solo, Backpackers or you tubers ...they prefer air B&B and Tuck-tuck...nothing to do with listed hotels. That's why some city 5star rooms sells at $60.
*Right now SL is not safe or high end market for rich Europeans or Russians or Chinese...when they think about Asia ..it's Maldives ,Thailand ex...
*SL do have the potential to be a high end market and I am not against Indians,Chinese,Russian ,backpackers or youtubers...SL tourism badly need all of them.

Maharaja · 10 Re: What’s the next rally ? Thu Aug 24, 2023 9:35 am

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Agree with tiger on some numbers. But;

This sector is like banks. Buying hotels now is like buying banks before DDO. End of Aug. we have 900,000 arrivals. For the year we will have 1.2/1.3 Mn arrivals. Now the season is starting and 2024 will be a strong rebound for the hotel sector. The bigger groups will outperform the smaller ones.

Who is the parent of SHOT, HSIG, STAF ? Who is the parent of EDEN ? Who has hotels in maldives ?
Who holds most no. of rooms in SL? Who will have dollar gains ?

Most important question - Who will have Billions of cash coming from a rights issue ?

Maharaja

rajithasahan · 11 Re: What’s the next rally ? Thu Aug 24, 2023 1:06 pm

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Maharaja wrote:Dear followers,

The next rally will be Hotels.
Solid fundamentals because of how well tourism is performing.
Maharaja expect hotels to report better and better earnings for the next 2-4 quarters.

Dollar earning sector will outperform the ASPI
Since dollar is also appreciating silently.

Not a buy or sell advise

MAHARAJA

NEXT RALLY LAND AND PROPERTY SECTOR

Colombo District’s land value records impressive growth in 1H
The Land Valuation Indicator (LVI) for the Colombo District has displayed robust growth in the first half of 2023 achieving a remarkable score of 215.3, according to its compiler, the Central Bank said.
The annual increase of 15.2% signifies a noteworthy expansion, reversing the declining trend observed in the LVI over the last two years.
https://www.ft.lk/front-page/Colombo-District-s-land-value-records-impressive-growth-in-1H/44-752157