RIL's hospitality foray fires up hotel stocks
31.08.10
MUMBAI: Shares of everyday- and
small-sized hotel chains gained in a weak market on Tuesday, as investors are
betting on a rerating of the sociability sector in general, following Reliance
Industries’ foray into this time. On Monday, Reliance
Industries bought a 14.12% stake in EIH for `184 per allotment, a 30% premium to the
stock’s closing price on Friday.
Ironically, the EIH line of descent was
the biggest loser on Tuesday, falling over 7% to close at `139.95. But the EIH
oxen was an exception to the bullish trend seen across the hospitality sector.
Asian Hotels, Noble Orchid, Kamat Hotels, Sterling Holiday Resorts, Ras Resorts
and Blue Slide Hotels were the key gainers, rising between 2-5%.
“Hotel stocks are expected to get rerated after RIL paid a
hard to come by for their stake in EIH,” said Anagram Capital CEO Mayank Shah.
Many on the loose players own huge properties whose market prices could be much higher
than at which they
are valued in their books, Mr Shah said.
Source: Economic Times
Deer resistant plants in Victoria County
18.08.10
Lantana (Lantana spp.) - With flowers from well-spring through fall, lantana has many small flower heads that cover the plants in colors of orange, red, creamy, yellow, lavender and pink. It can be started from cuttings or from nursery plants. Lantana survives winter in our stretch, unless there are extreme conditions. It dies clear to the ground in extremely distant weather, but will sprout out the following spring. Mulch will help protect lantana in the winter. It can reach heights from 1 to 6 feet, depending on number.
Rosemary (Rosmarinue officinalis) - Rosemary is a hardy perennial found in the southern part of Texas and is often habituated to in topiary form as "poodle trees," on wreaths and as small Christmas trees. Having gray-verdant foliage, it can have a low-trailing growth of 2 to 4 feet, or can grow upright as an ornamental bush and can be an herb for conversant with use.
Texas sage/cenizo (Leucophylium frutescens) - An evergreen found in the southern half of Texas, cenizo has paltry, gray leaves all season long. A rounded shrub from 4 to 7 feet, it blooms in summer in colors of orchid and lavender. It blooms uncommonly three to four days after a rain shower, but will not be fooled with hose water.
Source: Victoria Advocate