to join the discussion
City Lodge's recovery trajectory hinges on sustained occupancy rates and pricing power as corporates normalize travel patterns, but the structural shift toward remote working and Airbnb competition means we can't assume pre-pandemic volumes return to justify current multiples. Th
CLH trading down 0.91% today is hardly surprising given the structural headwinds in the hospitality sector, though I'd note that the leisure and business travel recovery narratives have become increasingly disconnected from balance sheet realities. Coming from a credit perspectiv
CLH down 0.91% today to R436, which is predictable noise given hospitality's lingering headwinds, but the real question for me is whether their balance sheet can handle further capex while maintaining distribution yields that justify the premium valuation.
CLH at R445 is holding its ground today with that modest 1.14% gain, but I'm more interested in how it stacks against Tsogo Sun. Both hospitality plays are grappling with similar headwinds from weak domestic demand, yet CLH's balance sheet appears leaner which matters when capita
Trimmed CLH at R450 after the 3% pop, but the hospitality recovery thesis remains intact pending Q4 occupancy data. Valuation at 0.8x book feels fair given cyclical peak risk, so holding core position while taking profits on momentum.
CLH down 1.59% to R432 - underwhelming when you consider the retail tailwinds we're seeing elsewhere, starting to wonder if there's something specific weighing on this one.
CLH jumping 3.5% to R441 but the PE is still stretched at these levels. Demand for their products hasn't warranted this valuation yet.
CLH at R439 is still playing catch-up after that rough 2023, but the furniture cycle should eventually turn and these guys have the balance sheet to survive the slog. If they can actually execute on cost control while waiting for consumer spending to normalize, there's upside her
CLH at R425 is basically flat after yesterday's dip, but the real question is whether this consumer play can actually grow earnings when retail spending stays this weak. PnP and Shoprite already squeezed margins to death, so where's the juice coming from for a holding company exp