stocks are shooting up crash is over :)

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Srouta Mukherjee, Feb 7, 2018.

  1. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    stocks are shooting up today. crash is over. My portfolio up 2% :)

    We can still buy IMHO blue chip stock like Dewan housing, Munda corp, rohl etc.
     
  2. shakti khanduri

    shakti khanduri Active Member

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  3. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Today also stocks are shooting up heavy gains are there for portfolio :)

    There is good research report on ROHL because of sector change of hotels. GST benefit is also there because rate of GST on hotels is reduced. Also ROHL has debt free and asset free business model. Promoter is holding 75% stake. So all benefits are there with ROHL. I have a good quantity in portfolio and will add more when money is there :)
     
  4. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Research report of ROHL is here attached.

    Royal Orchid Hotels Limited (ROHL) – On the cusp of graduation
    We initiate a re-rating on Royal Orchid Hotels (ROHL) with a Strong Buy . Our
    rating underpins the company’s rapid expansion in the hospitality space, its rich
    property portfolio, new hotel launches and strong management bandwidth
    combined with asset light model.
    Market Data
    CMP(INR) (as on 19th Jan2018) 191.15
    52-week high/low (INR) 216.4 - 78.05
    Target price (INR) 275
    Upside (%) 44%
    Market Cap (INR-Cr) 511
    Recommendation Strong Buy
    Stock Scan
    BSE Code 532699
    NSE Code ROHLTD
    Bloomberg Ticker ROHL.IN
    Reuters Tickers ROHL.BO
    Face Value (INR) 10
    EPS FY17 (INR) 0.91
    Current P/E 98.87
    Average P/E N/A
    Beta vs Sensex 1.57
    Debt/Equity 0.51
    Average Daily Volumes 62,596
    Exhibit: Financial Performance at a glance (consolidated)
    Source: Bloomberg, S&M Research
    Investment highlights
    Diversified portfolio across categories and locations:
    The Company has 47 operational properties with a collective inventory of 3,269
    rooms spread over 33 cities. The properties are spread across wide price
    categories ranging from 5-star to budget category rooms targeting leisure as well
    as business travelers. ROHL is all set to reach to 70-75 properties by the end of
    FY20.
    Clear focus on management contracts implying asset light strategy:
    The Company started its operations through the ownership model by setting up
    two hotels in Bangalore. However, over the past 3-4 years, it is increasingly
    focusing on expanding operations through management contracts and leasing
    rather than owning the properties. Under management contract, the company
    charges 2-3% of the revenue as management fees and an incentive fee which
    varies from 6%-8% of the gross operating profit. ROHL bears no expenses and
    even the onus of renovation of the property is on the property owner. Out of the
    3,269 room keys, 2,292 rooms are under management contracts.
    Reduction in GST rate to positively impact the Company:
    Royal Orchid Hotels used to pay 21% tax under the pre-GST regime. The GST
    council has reduced the GST rate on restaurants and hotel stay (room rent up to
    INR7,500) from 28% to 18%. This move is expected to benefit the Company as a
    majority of Royal Orchid's rooms fall under this bracket.

    Target price is 275. Market price is 200 :)
     

    Attached Files:

  5. shakti khanduri

    shakti khanduri Active Member

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    R you invested ?Your buying price? How much to buy?That will speak of your conviction.Report is encouraging. Thanks.
     
    Last edited: Feb 8, 2018
  6. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Recover is there after heavy fall in morning. Portfolio is green now :)

    I am buying rohl sincd 118 price. Averaging always. Waiting for dip to buy more stock :)
     
  7. shakti khanduri

    shakti khanduri Active Member

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    There is another one--- The Byke hospitality.Seems eqyally good. Suggest which one is better,giving reasons.
     
  8. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Sir i have not studied stock in deep i bought Rohl because of research report only and now big gains are there :)

    DHFL is also shooting up 7% now :). It is excellent stock IMHO.

    All stocks are doing goid today :)
     
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