GP Hotels
Global Premium Hotels - GPH - (SGX Code: P9J)
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Clinton86, you are very 'CHOON', GP Hotels really declared an interim dividend of 0.2 Cents.
From SGX, " The board has declared an interim dividend of 0.2 cents per share to thank shareholders for their
support. "
chinton86 ( Date: 26-Jul-2012 10:57) Posted:
| At least 2cents dividend will be given out for this Financial Year (Based of estimation n analysis), so once that happen, your cost of investment will drop. However, i do agree, the price might stuck range bound for the time being, and once it moves pass IPO price, it will never look back n multiples will be expected. It's a long term investment to see the returns on this counter. Prepare to keep it for at least 2 years, i don't believe u will lose.
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Thanks for your analysis!starlene ( Date: 02-Aug-2012 18:15) Posted:
GPH back to ipo price 26cts...besides the interim dividend,pushing up so when parent Fragrance go ex bonus( 1 for 1) now at 52cts will not be less tha GPH 26cts..Fragrance may be pushed beyond 62cts or even higher .The last time was pushed to 74cts b4 ex bonus
smallsgshare ( Date: 02-Aug-2012 18:06) Posted:
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" Global Premium Hotels’ revenue grew 19.6% to S$30.1 million for 1H 2012 Group average occupancy rate surged 10.5 percentage points to 90.7%
Excluding one-off IPO expenses, 1H 2012 profit before tax increased 2.8% yoy to $13.8 million
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Any seniors comments on price movement tomorrow?
Board declared interim dividend of 0.2 cents per share." |
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I think fragrance 60ct no problem but 70ct not sure
GPH back to ipo price 26cts...besides the interim dividend,pushing up so when parent Fragrance go ex bonus( 1 for 1) now at 52cts will not be less tha GPH 26cts..Fragrance may be pushed beyond 62cts or even higher .The last time was pushed to 74cts b4 ex bonus
smallsgshare ( Date: 02-Aug-2012 18:06) Posted:
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" Global Premium Hotels’ revenue grew 19.6% to S$30.1 million for 1H 2012 Group average occupancy rate surged 10.5 percentage points to 90.7%
Excluding one-off IPO expenses, 1H 2012 profit before tax increased 2.8% yoy to $13.8 million
•
Any seniors comments on price movement tomorrow?
Board declared interim dividend of 0.2 cents per share." |
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" Global Premium Hotels’ revenue grew 19.6% to S$30.1 million for 1H 2012
Group average occupancy rate surged 10.5 percentage points to 90.7%
Excluding one-off IPO expenses, 1H 2012 profit before tax increased 2.8% yoy to $13.8 million
•
Any seniors comments on price movement tomorrow?
Board declared interim dividend of 0.2 cents per share."
DATE OF RELEASE OF THE SECOND QUARTER 2012 FINANCIAL RESULTS
TODAY, 2 August 2012 after trading hours.
Fragrance Hotel Rank 15.
15 Koh Wee Meng
US$1.25 billion
Hotel 81 Rank 25
25 Choo Chong Ngen
US$690 million | Hotels
His Hotel 81 has grown to one of Singapore's largest homegrown hotel chains, with 30 properties.
Forbes Top 40 Singapore Billionaires - 25-July-2012
15 Koh Wee Meng
US$1.25 billion | Real estate
Fragrance Group's property tycoon is a billionaire for the first
time after a 50 per cent rise in shares of the group in the past year.
Singapore's Richest 2012
Singaporean wealth may fluctuate with the world’s economy—GDP
there contracted in the latest quarter—but the island-state’s emergence
as an all-purpose crossroads is having more everyday impact on its
richest. The flowering of universities in Singapore, for instance, is
bringing the private sector added responsibilities to oversee and
support the institutions.
View The Complete List Of Singapore’s 40 Richest
In May, at an opening of the new Singapore University of Technology
& Design, a collaboration with MIT, Chairman Philip Ng was able to
raise $10 million for scholarships in less than two hours. Long a
reluctant public figure even as he headed the wealthiest local family’s
Far East Organization, Ng—now ranked No. 1 with his brother
Robert—rounded up donors like popiah king
Sam Goi (No. 14), who contributed $800,000.
No coincidence: Philip Ng is an MIT grad. He has also been a trustee
of Duke-National University of Singapore (NUS) Graduate Medical School
and the Lee Kuan Yew School of Public
Policy.
The Ng family fortune is listed under him and Robert as coexecutors of
their late father Ng Teng Fong’s estate, which is still in probate.
Meantime, chairing a new joint program of Yale and NUS is Kay Kuok Oon Kwong, cousin of
Kuok Khoon Hong (No. 7) and niece of
Robert Kuok,
Malaysia’s richest man. Real estate magnate Chua Thian Poh (No. 31)
pledged $4 million for another NUS program. “There’s a strong ethos in
the Chinese culture of giving to education,” explains Laurence Lien,
third generation of the Lien family (No. 18), who chairs the family
foundation. In 1953 entrepreneur Tan Lark Sye set the trend, giving $4
million and persuading Singapore’s Hokkien association to donate 500
acres to start Nanyang University, which later became NUS. The main
university has been chaired since 2006 by Wong Ngit Liong, founder of
Venture Corp. and a former rich lister. And Singapore
Management University’s chair is Ho Kwon Ping (No. 40).
Singapore’s 40 richest show a collective net worth of $59.4 billion,
up from last year’s $54.4 billion. The country has 16 billionaires, 3
more than last year. Among them is Eduardo Saverin, Facebook cofounder
and relocated former American, worth $2.2 billion.
Budget hotel magnate Koh Wee Meng joins the billionaire ranks after
shares of his Fragrance Group surged. Another discount hospitality
figure, Choo Chong Ngen, is one of 8 newcomers to the list. Indian
telecom magnate Bhupendra Kumar Modi, who took Singapore citizenship in
January, debuts at $755 million.
Five of the newcomers made marks in property, including brothers Raj Kumar and Asok Kumar Hiranandani (read about
Raj Kumar and son, Kishin RK here),
who split their operation so are listed separately. Tang Wee Kit, who
returns to the list after several years, is best known for his family’s
department store Tangs on Orchard Road.
Of the 30 who returned from 2011, 14 saw their fortunes fall, many on
poor performance at the SGX stock exchange, which is down 3%. One big
loser was Richard Chandler whose group of Singapore-based funds lost
$1.57 billion last year he was poorer by $1.1 billion. Eight from last
year dropped off including luxury property developer Simon Cheong
shares of his SC Global fell 40%.
Ha! Ha! Ha! If we die, Mr Koh die also.
Despite this is a penny stock, but it has substance.
Invest purely base on qualitative point of view - Mr Koh.
Only time will tell, lets see.
chinton86 ( Date: 26-Jul-2012 13:03) Posted:
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If u die, I die....:)
Yes! Max downside is around .25 Cents. Lets see, how this counter will pan out by the end of the year and subsequent years to come.
Wilmar puts a huge dent on people wallet.
chinton86 ( Date: 26-Jul-2012 10:59) Posted:
| Adding to the below, how much u think u can lose with price of ard 25 cents?? Wilmar,Semb mar etc, can drop that amt per day.
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Adding to the below, how much u think u can lose with price of ard 25 cents?? Wilmar,Semb mar etc, can drop that amt per day.
At least 2cents dividend will be given out for this Financial Year (Based of estimation n analysis), so once that happen, your cost of investment will drop. However, i do agree, the price might stuck range bound for the time being, and once it moves pass IPO price, it will never look back n multiples will be expected. It's a long term investment to see the returns on this counter. Prepare to keep it for at least 2 years, i don't believe u will lose.
Seems like the share price is stuck in the range .245 SGD to .255 SGD.
Couple with poor market prospect. I think, this counter, will stay this way
unless something major happen.
chinton86 ( Date: 26-Jul-2012 09:58) Posted:
| A cent dividend will boost it's share price.
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RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF OPERATING OFFICER
The Board of Directors of Global Premium Hotels Limited (“the Company”) wishes to
announce the resignation of Mr Sim Mong Yeow as Chief Operating Officer (COO) of the
Group to pursue his personal interests. His last day of service with the Group is 31 August
2012.
Accordingly, Mr Sim relinquishes his position as Executive Director of the Company with
immediate effect. His operational responsibilities will be assumed by Mr Lim Chee Chong,
who is the CEO of the Group.
The Board of Directors would like to express its appreciation to Mr Sim for his services and
valuable contributions to the Group, and wish him the best in his future endeavours.
The details of the resignation of Mr Sim are contained in separate announcement made
today.
SOURCE: SGX
A cent dividend will boost it's share price.
DATE OF RELEASE OF THE SECOND QUARTER 2012 FINANCIAL RESULTS
Global Premium Hotels Limited wishes to announce that the Company will release its
unaudited financial results for its second quarter ended 30 June 2012 on 2 August 2012 after
trading hours.
SOURCE: SGX
