2021/03/07
Tangerine Beach Hotels
Current price Range Rs.38-45
Highly Undervalued high performing hotel.But little bit struggle due to covid 19 pandamic.
EPS 2019/2020= Rs.2.91
EPS 2018/2019=Rs.7.10
NAV= Rs.175
Hotel has Rs.502,033,591 Fixed deposit in banks.
Total Equity of the group is
Rs.3,480,784,946
As a ratio total fixed deposit amout to equity = 0.1442
As percentage =14.42%
NAV*14.42%=175* 14.42%=Rs.24.5 of FD money per share.
Debt to equity ratio=456,027,898/3,480,784,946=0.131
Tangerine Beach Hotels
Current price Range Rs.38-45
Highly Undervalued high performing hotel.But little bit struggle due to covid 19 pandamic.
EPS 2019/2020= Rs.2.91
EPS 2018/2019=Rs.7.10
NAV= Rs.175
Hotel has Rs.502,033,591 Fixed deposit in banks.
Total Equity of the group is
Rs.3,480,784,946
As a ratio total fixed deposit amout to equity = 0.1442
As percentage =14.42%
NAV*14.42%=175* 14.42%=Rs.24.5 of FD money per share.
Debt to equity ratio=456,027,898/3,480,784,946=0.131
Climate and Covid future in europe.
According past europe death records and temperature charts, we can expect during this summer season in europe, number of covid deaths will be reduced. continues vaccination will be help to finish this pandamic with in this year .This will be the positive sign for stock market become bullish. This will be positive sign for for future tourism. Therefore I am expecting tourist arrival will be increase after april.
According past europe death records and temperature charts, we can expect during this summer season in europe, number of covid deaths will be reduced. continues vaccination will be help to finish this pandamic with in this year .This will be the positive sign for stock market become bullish. This will be positive sign for for future tourism. Therefore I am expecting tourist arrival will be increase after april.