Strategic Hotels & Resorts, Inc. (BEE)

a lot of interest - on a lull currently- and I think November's overall uptrend will bring us into January and bring BEE with it.

Real estate isn't what it once was but strong brands will prevail in tough times.

CAPS ALL STAR

liquidation value. this is an attractive target for a raider.

Pull out Maverick, pull out!
BEE is in a flat spin

I listened to their earnings call, company looks good... planning to after 1 year at the end of Q2 begining of Q3. Hopefully a 5bagger!

P/E ratio of 3. Dividend yield of 24%. And real estate.

Current 1.84, Sept 18 09. Limit 1.70

As economy improves so do promotions for the best employees, and contrary to the president of IS there is a need for coporate to woo clients with luxury.There are many interested buyers for their properties, so if anything company could and will shed the ones that do not generate. And lworking toward oweing indebtness is a good thing.

big rebound in 2010

the property value and the gross income is not in a remote way the value of the share.

longterm potential and growth seems to be a good value.rich people just wont settle for less than 5*

All those Wall Street CEOs need to spend their bailout money somewhere.

worst 30days caps

A broker I talked to said it's 40%< book value now, and has a target of $13. Says Bill Gates has a large stake (5%). I havent bought any so far though.

I was drawn to Strategic Hotels (NYSE:BEE) on hearing about Bill Gates taking up a stake in it via his investment company Cascade Investments. Value investors like Bill Gates are usually early to the party. The price has nearly halved since he bought shares and is around 4$ today( 17 Oct 08).

Recently I saw a report that Bill is now going to take an active strategic role in the business.

My guess is that at this price he can simply take over the company, Bill is no stranger to the hotel business, and has a stake in the Four Seasons Hotels.

I will skip detailing a valuation of the company here, I think it is cheap. Bill is no fool and I assume that he has done more due diligence than I will ever be able to match.

I am going long Strategic Hotels.

http://longtermequity.blogspot.com/2008/10/strategic-hotels.html

The income lost due to reduced traveling has been priced in, a lot of the last loss was due to depreciation and anticipated declines in travel. It's also trading around it's tangible BV. Although I'm not positive, I think it's a good candidate for fast recovery, especially if the earnings meet expectations.

Classic market overreaction. Yes, the immediate industry outlook is poor, but the company is selling for less than tangible book value and has plenty of cash flow to support the dividend. Since they operate globally, they are somewhat insulated from domestic economic problems.

Hotel REITS will continue to be a solid investment. Out of all the real estate sectors, I think hotels are #1 right now. people are still traveling a lot and are staying in hotels. Occupancys overall are good and the average daily rate (ADR) keeps going up. There is also a lot of new development in the pipeline across the country. I think you can not go wrong with hotel REITS.