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Hotel Leela Venture
PROMOTERS HOLDING UP
Posted by :
rockyrockTracked by: 0 Boarder
PROMOTERS HOLDING UP 1.56% i.e 51.34%.previous quater holding is 49.78%acc. to bse shareholding pattern....
hotel leela is a buy @ 22.00
Posted by :
kabira_speakingTracked by: 0 Boarder
it surely a BUY at present level ........
but i don`t think FCCB holders will going to expercise their option even if price reached 47.70rs....,inplace they would better wait till 14sep2010 to let their FCCB mature as this FCCB is at the rate of 8.0% samiannual which makes it to a maturity of 1.5euro/bond .....that means around 82rs/bond......then why should they excercise the option to convert it into shares which only give them around 47rs then.....
on the other side with only 17crores /50.2% free float shares ...you only need 400crores to buy the entire chain of Leela group of hotels.....
BTW how much you be needing to bulid one 5* hotel....around 700crores.......
Come on boys.....go and buy the entire group in just 400crores...and it`s a bear market you will surely get your shares at lower level from retail investers and institutional investes will be more then happy to give you their shares as they just want to get out....
Is ambani brothers around here ?...
In reply to:
hotel leela is a buy @ 22.00
Posted by :
VIKAS1375
it realy could be in a very bad taste to give a buy call at the present market condition.........
but today i buy this stock at 22.00.....WHY ?
1) at present lavels it`s alteast giving me 4% dividend yeild..
2) it`s a hotel group..so won`t going to burst till next bull run....
3) floating equity is just 18crore share ..
4) low FII holding..
5) no FCCB convertion before price reach 46.70rs...
6) i expect this stock can atleast give me more return then FD...
disclosure "today i had bought stock worth 6 lakh ". 
hotel leela is a buy @ 22.00
Posted by : GuestTracked by: 0 Boarder
Good bet! You would certainly double your money in 6 months....
In reply to:
hotel leela is a buy @ 22.00
Posted by : VIKAS1375
it realy could be in a very bad taste to give a buy call at the present market condition.........
but today i buy this stock at 22.00.....WHY ?
1) at present lavels it`s alteast giving me 4% dividend yeild..
2) it`s a hotel group..so won`t going to burst till next bull run....
3) floating equity is just 18crore share ..
4) low FII holding..
5) no FCCB convertion before price reach 46.70rs...
6) i expect this stock can atleast give me more return then FD...
disclosure "today i had bought stock worth 6 lakh ".
hotel leela is a buy @ 22.00
Posted by : VIKAS1375Tracked by: 0 Boarder
it realy could be in a very bad taste to give a buy call at the present market condition.........
but today i buy this stock at 22.00.....WHY ?
1) at present lavels it`s alteast giving me 4% dividend yeild..
2) it`s a hotel group..so won`t going to burst till next bull run....
3) floating equity is just 18crore share ..
4) low FII holding..
5) no FCCB convertion before price reach 46.70rs...
6) i expect this stock can atleast give me more return then FD...
disclosure "today i had bought stock worth 6 lakh "....
Leela\\`s White Elephant...!
Posted by : chinkyTracked by: 0 Boarder
you can buy hotel leela at current price if you have a time frame of 12--15 months.
very good stock to have in portfolio
bye
...
In reply to:
Leela\\`s White Elephant...!
Posted by : Yogesh2004
Dear Leela Lovers,
Everything is possible in love and war! Hotel Leela is not looking good in current time and it can test 24-25 levels in next few weeks. Dont buy this stock now, but only after market condition improves and hotel leela trades around 38-40 levels, you should invest for further upward levels.
Try to be with market waves and not agaist it, as you may loose lot of money. I remember what Mr Junjun wala saied in his interview, `RESPECT THE MARKET`, and buy in falling market is foolishness.
Happy Investing.
Yogesh
Tracked by: 0 Boarder
Currently holding 2000 Shares of Hotel Leela bought at Rs.38. will it still go down, so do i need wait...
NSE Announcements on Hotel Leela
Posted by : MMB MessengerTracked by: 0 Boarder
Hotel Leela Venture Ltd. has informed the Exchange that "The company had issued Foreign Currency Convertible Bonds (FCCB) vide its offering Circular dated 13.09.2005 for issue of 60,000,000, 1 percent Euro Convertible Bonds due 2010 and the said Offering Circular provides for a Conversion Price Reset on 30th September each year based on a fixed criteria. Based on the said conversion criteria, the Reset Price has been fixed at Rs. 46.65 per share. The said conversion price will be valid for a period of one year ending on 29th September, 2009. The fixed Exchange Rate to be applied for conversion is Rs. 54.33 = Euro 1.00. As of date, the outstanding Euro Bonds aggregate to Euro 51.40 million"....
Leela\\`s White Elephant...!
Posted by : Yogesh2004Tracked by: 0 Boarder
Dear Leela Lovers,
Everything is possible in love and war! Hotel Leela is not looking good in current time and it can test 24-25 levels in next few weeks. Dont buy this stock now, but only after market condition improves and hotel leela trades around 38-40 levels, you should invest for further upward levels.
Try to be with market waves and not agaist it, as you may loose lot of money. I remember what Mr Junjun wala saied in his interview, `RESPECT THE MARKET`, and buy in falling market is foolishness.
Happy Investing.
Yogesh ...
In reply to:
Leela\\`s White Elephant...!
Posted by : Guest
Lot of positives are there in Hotel Leela. Hotel industry has a boom always thru out the year.
CMP is a very good price to enter. Beaten down only beacuse of the market fall. It will certainly come good in days to come.
It has a short term target of Rs 36. and will move above 40.
Keep buying Hotel Leela.
October - The peak season in the hotel industry commences...
October - Leela will increase the Room Rates across all its hotels...
November - The Gurgaon property commences operations...
January - The Udaipur propert commences operations...
Buy ...Buy ...Buy
Leela`s White Elephant...!
Posted by : mny_mattersTracked by: 0 Boarder
valuations seems reasonable but the problem is the high debts on the book.
the debt to equity ratio is 2.86 which is on the higher side and will put pressure on the margins and FCCB conversion due is also kept in mind.
...
In reply to:
Leela\\`s White Elephant...!
Posted by : Guest
Lot of positives are there in Hotel Leela. Hotel industry has a boom always thru out the year.
CMP is a very good price to enter. Beaten down only beacuse of the market fall. It will certainly come good in days to come.
It has a short term target of Rs 36. and will move above 40.
Keep buying Hotel Leela.
October - The peak season in the hotel industry commences...
October - Leela will increase the Room Rates across all its hotels...
November - The Gurgaon property commences operations...
January - The Udaipur propert commences operations...
Buy ...Buy ...Buy
Leela\\`s White Elephant...!
Posted by : GuestTracked by: 0 Boarder
Lot of positives are there in Hotel Leela. Hotel industry has a boom always thru out the year.
CMP is a very good price to enter. Beaten down only beacuse of the market fall. It will certainly come good in days to come.
It has a short term target of Rs 36. and will move above 40.
Keep buying Hotel Leela.
October - The peak season in the hotel industry commences...
October - Leela will increase the Room Rates across all its hotels...
November - The Gurgaon property commences operations...
January - The Udaipur propert commences operations...
Buy ...Buy ...Buy ...
In reply to:
Leela's White Elephant...!
Posted by : media_dude
Hotel Leela has had a lot of negatives over the last year or so, as I had elaborated upon in my last post here...
These include an extremely high cost of the Delhi property, high wage costs, high energy costs, lower ARRs at Bangalore and lower occupancies.
Well, well, well...
It also remains a fact that the stock lies at almost it's year's low as of now - it closed at 29 today, the 25th September. Yes, the scrip does seem very appetizing - hanging there like a lollipop...! And the market is always wiser than any individual or fund manager or company...! The market always factors in things before they begin to materially affect the prices...
What I'm saying is maybe (just maybe) this could be a good time to accumulate. The last year has been bad for all scrips, and specially so for Hotel Leela. But there are a few good things lined up - all in the next few months, one after the other, which can prove to be a brightener after all these tiring times...
October - The peak season in the hotel industry commences...
October - Leela will increase the Room Rates across all its hotels...
November - The Gurgaon property commences operations...
January - The Udaipur propert commences operations...
Well... I've laid down the positives as well as the negatives...
Where Hotel Leela heads in the days to come...
Only time will tell...
Cheers...!
Leela's White Elephant...!
Posted by : media_dudeTracked by: 0 Boarder
Hotel Leela has had a lot of negatives over the last year or so, as I had elaborated upon in my last post here...
These include an extremely high cost of the Delhi property, high wage costs, high energy costs, lower ARRs at Bangalore and lower occupancies.
Well, well, well...
It also remains a fact that the stock lies at almost it's year's low as of now - it closed at 29 today, the 25th September. Yes, the scrip does seem very appetizing - hanging there like a lollipop...! And the market is always wiser than any individual or fund manager or company...! The market always factors in things before they begin to materially affect the prices...
What I'm saying is maybe (just maybe) this could be a good time to accumulate. The last year has been bad for all scrips, and specially so for Hotel Leela. But there are a few good things lined up - all in the next few months, one after the other, which can prove to be a brightener after all these tiring times...
October - The peak season in the hotel industry commences...
October - Leela will increase the Room Rates across all its hotels...
November - The Gurgaon property commences operations...
January - The Udaipur propert commences operations...
Well... I've laid down the positives as well as the negatives...
Where Hotel Leela heads in the days to come...
Only time will tell...
Cheers...!...
In reply to:
Leela's White Elephant...!
Posted by : media_dude
Leela owns a White Elephant...!
No, I am not referring to some new tourist gimmick to welcome all those rich firangis. Just talking about the Delhi property which Leela paid an astronomical amount for.
It is now not just unlikely but impossible for Leela to have the Delhi property ready before the Commonwealth Games. Even the much sullied and extremely lethargic Delhi Government's projects related to the Games have finally taken off the ground atleast. Leela's plans for Delhi remain just that - Plans.
And after paying what everyone agrees was double the market price, it is now caught in a Catch 22 situation. Starting construction now would mean doing it at the highest interest rates. And the interest rates have not only tightened, they are going to go further up soon.
High energy costs, double the manpower cost (than what they incurred last year as per a confirmed report), lower ARRs, and now even lower occupancies as compared to last year. All these are signs of worse things to come.
What has made matters worse are those Bomb blasts resulting in en masse cancellations of bookings. The corporates are also tightening their belts and are no longer spending extravagantly at luxury properties like Leela is into.
Add to these facts the lean season factor and the Q2 results out next month can only lead to a further downturn.
The stock is likely to test new lows.
Look for a good time to 'Check Out...!'
BULL\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\`S EYE.......EIH v/s HOTEL LEELA
Posted by : GuestTracked by: 2 Boarders
Hotel leela can move upto 36 in a short term. chance of downside is very low.
It has a resistance level at 28.
buy a lot of hotel leela at cmp ans sell at 36 or 37. ...
In reply to:
BULL\\\\\\\\`S EYE.......EIH v/s HOTEL LEELA
Posted by : Guest
I was referring to Hotel Leela when I mentioned that the lady would be a Grand Mom by the time the stock hits a Century (And I\\`m assuming she\\`s still single as of now...!)
BULL\\\\\\\\`S EYE.......EIH v/s HOTEL LEELA
Posted by : GuestTracked by: 2 Boarders
I was referring to Hotel Leela when I mentioned that the lady would be a Grand Mom by the time the stock hits a Century (And I\\`m assuming she\\`s still single as of now...!)
...
In reply to:
BULL\\`S EYE.......EIH v/s HOTEL LEELA
Posted by :
phk
sir are you taking about indian hotels ,phk,
BULL\\`S EYE.......EIH v/s HOTEL LEELA
Posted by : phkTracked by: 2 Boarders
sir are you taking about indian hotels ,phk,...
In reply to:
BULL\\`S EYE.......EIH v/s HOTEL LEELA
Posted by : Guest
Once you become a grand mom...!
BULL'S EYE.......EIH v/s HOTEL LEELA
Posted by : Kavita NagpalTracked by: 2 Boarders
when will it cross 100/-.........?...
In reply to:
BULL'S EYE.......EIH v/s HOTEL LEELA
Posted by : VIKAS1375
it's a mid/long term investment stock ....
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