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Strategies & Market Trends : Value Investing

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To: NikhilJog who wrote (45820)	12/4/2011 11:12:25 PM
From: Paul Senior	Read Replies (2) of 78748

Accor: I've no good reason I can articulate to buy. I don't claim it's a value stock. I'm buying because it's France's leading hotel company in all segments, it got rid of ancillary activities to focus on hotels -- and they are good at the hotel business. I guess to be expected given their size: "Accor, the world's leading hotel operator and market leader in Europe, is present in 90 countries with 4,200 hotels and more than 500,000 rooms." The stock is near a multi-year low (maybe nine year low), yet business seems solid. accor.com I look for reversion to mean with this one. The stock, the ACRFF type -- seems to trade only sporadically and in small amounts. I've been in Accor before, I'm used to it, it's okay by me. ===============

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