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noobie Member	12-Mar-2007 13:34        noobie About Contact  Quote this Post!
x 0   x 0  Alert Admin	whoho...what happened to this runaway horse...? anyone can comment?
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ihatcoy Senior	09-Feb-2007 17:31        ihatcoy About Contact  Quote this Post!
x 1   x 0  Alert Admin	Broadbase minor correction noted. But, this counter seems to hold well. Hope monday when market runs out of idea, this counter will be pickout. Grossly undervalued.
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ihatcoy Senior	09-Feb-2007 13:05        ihatcoy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Brougt into this laggard @ 0.63 this morning. Any other forumer into this? Plan Cut loss@ 0.62
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ihatcoy Senior	08-Feb-2007 22:47        ihatcoy About Contact  Quote this Post!
x 0   x 0  Alert Admin	noobie Member Posted: 17-Jan-2007 14:12 x 0 x 0 why is this stock rising slowly and steadily for the past few weeks? is something brewing? Perhaps thats the reason for the rise, with the IR underway, tourism pickup (...) .  Amara a laggard. Base on today's TA chart, seems to be forming a flag consolidating. with lower base @0.625 support; poise for breakout Amara Holdings Jan 26 close: $0.605 BNP PARIBAS, Jan 25 RIDING on the robust property market: Amara Holdings has exposure to various segments of the Singapore property market - hotels, offices, retail and residential. The group has four hotels on its books - two in Singapore, one in Vietnam, and one currently under construction in China. The group also owns a retail mall and an office building in Tanjong Pagar, and has two existing residential developments in Districts 9 and 21. An undervalued gem: The capital value of the group's existing properties is likely to increase as yields are projected to rise steadily, underpinned by strong demand. Amara's Singapore office and retail properties are also likely to fetch a surplus of $88 million to its book. Estimated book surplus for its four hotels and the Shanghai commercial properties is about $265 million. Our estimates indicate a $0.66 surplus contribution to its NAV. Initiate coverage with a 'buy' rating; target price set at $0.91: Overall, we are bullish on the Singapore hospitality and commercial sectors. We expect the upward revision in hotel rates and commercial rents to drive up the valuation of its existing properties. The stock currently trades at a steep 36 per cent discount to its RNAV of $0.91 per share. While most property stocks are currently trading at 20 per cent premiums to their RNAVs, we attach a zero premium to our RNAV estimate for Amara due to its low liquidity, high gearing and execution risk from its Shanghai development. We initiate coverage with a 'buy' rating and set our target price at $0.91, based on parity to RNAV. BUY
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noobie Member	17-Jan-2007 14:12        noobie About Contact  Quote this Post!
x 0   x 0  Alert Admin	why is this stock rising slowly and steadily for the past few weeks? is something brewing?
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