04-04-2013, 03:52 PM
Just reviewed the FY12 (ended 31Dec12) full-year results (first released on 27Feb13)......
http://info.sgx.com/webcoranncatth.nsf/V...D000B7881/$file/HRL_4Q_2012.pdf?openelement
With the latest (as at 31Dec12) NAV/share at $4.56, and the huge potential gain from the Newton hotel site if it is ever redeveloped, Hotel Royal at the last done share price of $2.92 remains grossly under-priced.
I look forward to the coming $0.05/share Final dividend which should be paid around 15May13.
http://info.sgx.com/webcoranncatth.nsf/V...D000B7881/$file/HRL_4Q_2012.pdf?openelement
With the latest (as at 31Dec12) NAV/share at $4.56, and the huge potential gain from the Newton hotel site if it is ever redeveloped, Hotel Royal at the last done share price of $2.92 remains grossly under-priced.
I look forward to the coming $0.05/share Final dividend which should be paid around 15May13.