Sounds a little odd, but Mahindra Holiday Resorts has a great reputation…or rather a background, but has done NOTHING for the shareholder (investor) but it has been a good opportunity for the trader. I have made money as a trader, but nothing as an investor.

So should you buy the share and hold on for a long time? Well it depends on your expectation, but in the current market correction/slide it has come down dramatically…and is available at an attractive price. Or is it?

It is available at a price of Rs. 200 – vs an IPO about 10 years ago at Rs. 300. I remember seeing this share at Rs. 540…I guess that was its peak, and last year they did give a bonus share. Bonuses worry me. Does it mean there is a cash flow issue? I do not see that in the balance sheet…but yes it has been hammered down.

Now if a company is not so good for its shareholders, it should be good for its Time-share owners, right?

well read what a financial planner says…it isĀ  a little dated article. I have no clue what changes have been made by the management since then…but read on…

https://www.tflguide.com/club-mahindra-membership-fees-review/

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  1. Never buy a company stock which has not one satisfied customer. It is not just bad word of mouth, some group litigation or WhatsApp rumor or enquiry by authorities can shut the door fully.

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