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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (30183)3/6/2008 11:30:15 AM
From: Spekulatius  Read Replies (2) of 78708
 
SHO - has dropped. LOL

I like it more so than FCH. FCH - I sold on the Barron bounce but now it has retreated and I might get back in.
It's important to look at debt adjusted metrics. Operations that look cheap based on FFO/share might not look cheap any more when you look at EBITDA/EV or Portfolio cap rate. AHT is an example of that, they are trading at 12-13 EBITDA/EV versus about 10 for SHO and FCH, HST etc.
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