Ascendas Hospitaly Trust: The Buying Spree Has Began

View From Y-Heritage Hotel Dongdaemun I have been eagerly waiting for Ascendas Hospitaly Trust (AHT) to make their acquisition since their divestment of their china properties. Today, AHT announced that they are buying a hotel in Korea. AHT is buying Y-Heritage Hotel Dongdaemun at a discount of 3.2% to the hotel's valuation, paying S$89 Million fully funded by debt. The selling of the 2...

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Duty Free Internatioal Result 2017/18

FY2017/2018  Results are stable at a revenue of RM620 million vs RM6323 million in FY 2016/2017, I have a personal target of RM599 million. If we compare net profit year on year excluding Forex, the results are flat compare to last year's. Forex lost is unrealized, RM is strengthening. Still a money machine generating cash. Cash increase about RM100 million from last quarter to RM373...

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Tat Seng Packaging AGM 2018

I was 30 mins late for the AGM, held at Hanwell Holdings. Remembered the wrong time. A small AGM, nothing exciting. I think there is less than 30 people attended. I will write about the things I can remember or interesting. I find Mr Loh, the CEO to be very sincere as he answer questions from the shareholders after the AGM. 1. Why dividend is cut? Is there a cash flow problem? The board...

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Invest in QAF to have free bread supply annually?

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