Inspiration Healthcare Share Discussion Threads

[limousine] 12/5/2009 13:58

info regarding Indian airports Location The airport is located 23km (14 miles) south of New Delhi. Airport News A massive expansion project has started at the airport. A new terminal and runway are under construction and scheduled for completion in 2010. This is expected to increase capacity to 37 million passengers a year. More terminals and runways are planned thereafter, however, and the airport authorities are expecting a capacity of 100 million passengers a year by 2026 Location The airport terminals are located 26-30km (16-19 miles) north of Mumbai. Airport News A new terminal building is planned for completion by 2010. There are also plans to extend the proposed new Mumbai metro line out to the airport. Location The airport is located 5km (3 miles) southwest of Thiruvananthapuram (formerly Trivandrum), the capital of Kerala. Airport News Work has started on a completely new third terminal. This terminal will be devoted exclusively to international flights lots of hunrgy passengers in the pipline..........2026 wont be long in coming round

[andrbea] 12/5/2009 07:50

Skycatering (subsidiary) is present at all 6 metro airport (India) now expanding the network to smaller airports http://www.skygourmet.in/

[andrbea] 11/5/2009 09:13

the Delhi catering arm has beaten its March 2009 deadline .. and now has a lifeline till 2011 http://www.hospitalitybizindia.com/detailNews.aspx?aid=4513&sid=1 'bout time the (priced to go bust) share price responded, and went north big time A few tentaive rises this past month And the price chart (ca. 2p in Jan 09, 6p last September) shows where it was previously. nia dyor

[andrbea] 07/5/2009 15:17

ticks up on another buy...

[limousine] 07/5/2009 13:39

Why 2 market makers today was normally just the 1

[andrbea] 07/5/2009 13:35

rose 40% yesterday 17% today must be short of stock as it rises on every trade (eg 1 buy today = a 17% rise)

[limousine] 06/5/2009 15:49

meals are flying out

[andrbea] 06/5/2009 15:34

settles warranty claims good news share ticks up 40%

[limousine] 22/4/2009 07:26

LONDON, April 22 -- India Hospitality Corp. (LSE: IHC, IHC or India Hospitality) today announced that it has obtained a contract extension for its Delhi Air Catering Unit until March 2011. The contract was originally set to expire in March 2009. The extension enables SkyGourmet to continue its operations in the state-of-the-art facility and grow its business from the existing facility, which was built in March 2007, without incurring any additional capital expenditures. As a part of the privatization initiative, Delhi International Airport is currently being remodeled and expanded by a consortium led by GMR Group, which will position Delhi as the largest airport in India and amongst the biggest in Asia. "We are pleased to extend our relationship with Delhi International Airport and look forward to its expansion," said Chief Executive Officer Ravi Deol. "This extension provides additional cash flow visibility for SkyGourmet and demonstrates that SkyGourmet remains the premier air catering service in India." About India Hospitality Corp. India Hospitality Corp. (IHC) is a diversified pan-Indian hospitality and leisure company. In July 2007, IHC closed on the acquisition from Navis Capital Partners and its Affiliates of India-based Mars Restaurants Private Limited, an emerging hotel and restaurant company, and SkyGourmet Catering Private Limited, an airline catering company with 2,800 employees across its facilities in India

[andrbea] 14/4/2009 14:37

have added it to the UPS thread :-) the spread needs to tighten

[limousine] 14/4/2009 14:27

small signs of a pulse

[fairdeal2008] 28/3/2009 09:39

well I called in the current ration rather than current ratio, it was a long week :-) any other stocks where the cash is much higher than the market cap...??

[andrbea] 28/3/2009 07:45

the cash pile I was wrong as at 30.9.2008 (USD) Cash and cash equivalents 7,929,270 coming from 18m last time (31.3.08) (... so high cash burn) Accounts receivable, net 8,619,749 Accounts payable 11,790,747 Total current assets 19,772,333 Total current liabilities 33,218,623 Total non current assets 163,983,189 Total non current liabilities 30,469,565 the 163 is the only redeeming figure it comprises things like: Goodwill 26,272,730 Property, plant and equipment, net 76,231,790 Capital work in progress 4,054,668 Intangible assets 45,045,786 maybe they got the bank loan on the back of thise long-term assets the operating revenue will have to improve though, as they're making a loss.

[fairdeal2008] 27/3/2009 20:55

andrbea - just looking at the accounts but notice current ration is much less than one, suggesting that cash and current assets as a whole are outweighed by current liabilities (mainly trade payables I think). In essence it looks like they don't have any net cash, and that is why they are raising funds etc etc... Can you have a look at this for me.... Thanks

[andrbea] 27/3/2009 13:51

So "cash + secured loan" is 6.5 times the mkt cap...

[andrbea] 27/3/2009 12:58

I'm in nvr too which has a similar thread title (significant undervaluation) reckon IHC falls into the same category they secured a bank loan (Jan 22) worth 4 million USD STATE BANK OF INDIA HAS INCREASED ITS EXISTING CREDIT LINE TO THE COMPANY BY approximately $4 million to help fund the company's strategic expansion plans for its air catering business and older stuff this has a mkt cap of 2.49m = USD 3.37m in last half-yearly report: Cash & cash equivalants: 18,102,932 USD so even if the business is worth nothing, what's it doing at these low levels? level of cash + loan compared to mkt cap... 18.1m + 4m = 22.1m compared to 3.37m Do-onnng!

[andrbea] 27/3/2009 12:54

IHC business not doing well it would seem SP was 4$ in Dec 08, now fallen to 0.15$ to buy

[andrbea] 27/3/2009 12:42

loan: 22 Jan 2009 STATE BANK OF INDIA HAS INCREASED ITS EXISTING CREDIT LINE TO THE COMPANY BY approximately $4 million to help fund the company's strategic expansion plans for its air catering business

[andrbea] 27/3/2009 12:34

try share centre (to buy ihc) they have set them up online rgi has a long-term debt of 45 million, so maybe the cash pile (50m) is meaningless there earlier post: "in Nov strategy statement they said, as regards cash position: The Company's current cash balance is approximately $50 million. RGI currently has an outstanding debt of approximately $45 million in unsecured Series A bonds (the 'Bonds'). Maturity of these Bonds is phased over two years and not scheduled to begin until November 2010 current mkt cap is 10.7m pounds."

[l2e] 24/3/2009 20:32

andrbea nice commentary. Just wondering who you can trade these with, barc and hoods dont seem to have a listing for this one. May have a flutter, if NMS allows of course. I wonder how far stocks such as rgi and ihc have left to fall though? I am also currently monitoring NVR but am unsure that their cash will last also its another hoodless disater recommendation for some of their clients so am obviously a bit wary. Just out of interest which are your prefered ones and why? Thanks and all the best

[double6] 24/3/2009 15:19

Canny liabilities ??