02-03-2013, 10:47 AM
Hi
Notice that the thread on Guocoleisure has been quiet since Jun. I also find Guocoleisure very interesting due to
a) undervalued assets --> hotel assets; 55.1% entitlement to the Weeks Royalty etc
b) Potential revaluation exercise (my guess only)
c) Discount to NAV, not to mention significant discount to RNAV with a historical dividend yield of 2.7% etc etc.
Do refer to my writeup on Guocoleisure for more info. My 2 cents worth only
http://www.ernestlim15.blogspot.sg/2013/...alued.html
Notice that the thread on Guocoleisure has been quiet since Jun. I also find Guocoleisure very interesting due to
a) undervalued assets --> hotel assets; 55.1% entitlement to the Weeks Royalty etc
b) Potential revaluation exercise (my guess only)
c) Discount to NAV, not to mention significant discount to RNAV with a historical dividend yield of 2.7% etc etc.
Do refer to my writeup on Guocoleisure for more info. My 2 cents worth only
http://www.ernestlim15.blogspot.sg/2013/...alued.html