stocks are shooting up crash is over :)

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.

 

why rohl?

 

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

 

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

 

R you invested ?Your buying price? How much to buy?That will speak of your conviction.Report is encouraging. Thanks.

 

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

 

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

 

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