Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Grantcw who wrote (35151)	8/17/2009 9:30:37 PM
From: Spekulatius	1 Recommendation Read Replies (2) \| Respond to of 78687

When I look at stocks like FVE, SKH, MDTH, SUNH with an unbiased eye, they compare very favorable to hotel stocks. Metrics would be RevPar, occupancy, EBITDA/EV and by my accounting all those metrics look favorable in relative to historical metrics, or hotel stocks.. if you would indeed regard a stock like SUNH as a hotel stock (not too much of a stretch regarding the business model) than the metrics would look superior. That is where the value angle comes in. Even though that some of those metrics turned slightly negative (gross margins, Revenue/unit) it is nowhere close to the punishment the hotels have been receiving. Texasdude is mixing up business momentum with value, although his approach seems to be inconsistent (IMO) since he is vouching for HRC which is Capex dependent partly from those companies that I am discussing here. FWIW, I bought a little MDTH (@9.44$) today, trading below tangible book and profitable with moderate debt.

To: Grantcw who wrote (35151)	8/18/2009 11:17:38 AM
From: Arthur Radley	Read Replies (2) \| Respond to of 78687

CW, I never compared their rate cuts to what hotels are experiencing, so don't understand why you bring that into the debate. I've never questioned management's integrity, so again why is that up for debate?(Not your post but another here that brings up honesty factor of management.) However, with that said one might go back to the recent CC and listen/read the questioning done by Jerry Doctrow, analyst with Stifel Nicolaus. Basically, Doctrow is questioning managements accounting practices.........hummmm! As for Spet.......bringing up my (HRC).......I fully stated the cap-ex issue, but then the stock has rallied by more than $11.00 from 52 week low, and FVE has bounced..what, less than $3.00. Isn't FVE basically a regional(NE) operation....if so, demographics and local economy is a factor one needs to look at. For a suggestion.....on 'maybe' a value, if one is looking for income..........(BKCC). And just for the record.........on Cap-EX....look at what FVE states about their involvement in this issue. So if its so bad for HRC.........what does that mean about FVE?