Thursday, August 11, 2011

Holiday season - resorts beckoning - Sterling Resorts beckoning?

Holiday season - resorts beckoning - Sterling Resorts beckoning?

Sterling Holiday Resorts has 10 resorts.
Sterling Holiday Resorts has plans to open 11 new resorts in the next 10 years.

Mahindra holidays -
http://money.rediff.com/companies/mahindra-holidays-and-resorts-india-ltd./16560125
Mcap - 3000 Crore
CMP: 364 Rs

Sterling Resorts -
http://money.rediff.com/companies/sterling-holiday-resorts-%28i%29-ltd./16560010
Mcap - 488 Crore
CMP: 99 Rs

What does Sterling Resorts have?
- Ramesh Ramanathan has joined as managing director (he was part of Mahindra holiday's success)
- Rakesh Jhunjhunwala to get preferential allotment of shares

Will it zoom away like VIP (after Jhunjhunwala bought it)?

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