actually i do not know whether hotel is sure die business but i saw a lot of hotels and motels in Penang and they are getting more and more. If put some attention and analysis, can see that it's a profitable business for longer term. Indeed latest trend is to rent out apartment like homestay or apartment stay through agency. For small investors who rent out their apartment or even motel owner, the ROI is high but for hotel, i have no idea.
Past history dun mean future will be the same. New shareholder and management take over the company, most important back up by Perak royal family. Balance sheet already clean. Pay 8sen to buy 300% upside. No much to loss.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wecan2088
512 posts
Posted by wecan2088 > 2017-02-03 13:09 | Report Abuse
Sure will goreng up kao kao.