Originally posted by rajnsharma
What about Hotel Leela. I have stayed in their property at multiple locations and have found it very good. Even among the vistors, especially on company tour it's the first choice for sure in Bangalore. They are coming up with new propertis at places like Udaypur and Delhi(already started) and few more.
Stock has been a 6 bagger in last 10 years, even at a current price. Any ideas on this?
Regards,
Raj |
I think it is a great stock .The company has good cash flows ,so if it is successful in managing its high leverage, then it can be a multibagger even now.
But I follow WB philosophy : Always invest in companies which has very little or no leverage.
It reduces risk.
BUt again...this discussion is started for Oriental hotels and comparison with Indian hotels......

Edited by studentoflife - 04/Aug/2010 at 9:26am