SHANGRI-LA HOTELS (M) BHD

KLSE (MYR): SHANG (5517)

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Last Price

2.30

Today's Change

+0.02 (0.88%)

Day's Change

2.29 - 2.34

Trading Volume

608,300


1 person likes this.

178 comment(s). Last comment by HaiLiDeYu 1 week ago

Understand

1,034 posts

Posted by Understand > 2023-06-01 09:41 | Report Abuse

Amazonboy where are you ? Are you now hiding in closet and shivering by yourself.

Understand

1,034 posts

Posted by Understand > 2023-06-01 10:40 | Report Abuse

What happened, just one day up. Where is all the promoters that says the worst is over. I tell you , it is just the beginning. Just watch and see. Amazonboy now already hiding in the closet.

Amazonboy

750 posts

Posted by Amazonboy > 2023-06-01 21:12 | Report Abuse

Understand...i will return in 3 months...if price not 1+ how...Lol

Understand

1,034 posts

Posted by Understand > 2023-06-02 09:50 | Report Abuse

Let me do the calculation, I will tell you when exactly it will turn to rm1++. Abit busy now.

Understand

1,034 posts

Posted by Understand > 2023-06-02 20:22 | Report Abuse

See, don't know which Donkey Kong go and buy. Aberdeen is selling, and simple math's will already be able to tell this for sure this will head down another at least 4years.
Really jokers, kena Dump to take up from the orang Putih institutional.

Amazonboy

750 posts

Posted by Amazonboy > 2023-06-13 10:28 | Report Abuse

Good brand...but covid killed it. .Lol

dompeilee

11,888 posts

Posted by dompeilee > 2023-06-18 07:32 | Report Abuse

Luxury hotels are fighting for still small numbers of tourists in KL willing to pay lofty prices amid a glut of hotel rooms(Istana Hotel down the road already shuttered). No dividend. Foreign fund intent on clearing OUT still has 30mil shrs left. Net debt co. De facto recession has already set in(witness the amount of vacant office & commercial space). Unjustified premium to NTA....why pay more than $2 for this falling knife?

speakup

23,541 posts

Posted by speakup > 2023-06-18 08:10 | Report Abuse

the only reason this company is still rm2 is because it is owned by Robert Kwok. otherwise it'll just be a penny stock

dompeilee

11,888 posts

Posted by dompeilee > 2023-06-19 15:15 | Report Abuse

Fresh 52-wk LOW...Aberdeen still has 28,803,400 shares left to DUMP...Look out BELOW!!!

hhhiii123

414 posts

Posted by hhhiii123 > 2023-06-22 20:39 | Report Abuse

Aberdeen take a break now? 2 days no announcement regarding their disposal lol

Felix888

3,313 posts

Posted by Felix888 > 2023-07-01 20:41 | Report Abuse

Old man invest in Old man stock.

Felix888

3,313 posts

Posted by Felix888 > 2023-07-01 20:43 | Report Abuse

Snake this Shangri-la is not for your style. Serbak is your style. Remember the your Phoenix story? Hahahahah

Felix888

3,313 posts

Posted by Felix888 > 2023-07-03 23:45 | Report Abuse

You dumb dumb conned by Serbak Management lah. This old man stock your grandfather bought it before? Why keep dropping like never-ending? Other Covid recovery stock already higher than pre-covid, this one worst than glove stock.

Felix888

3,313 posts

Posted by Felix888 > 2023-07-04 07:57 | Report Abuse

Small snake this Shangri-la hotel you bought since Covid? Hoping for post covid recovery?

Aiyoh you bought water fall stock. Robert Kouk can't help you.

dompeilee

11,888 posts

Posted by dompeilee > 2023-07-04 10:44 | Report Abuse

Even IF(BIG BIG IFFFF) it ever goes back above $3, which is very unlikely...most old man holding this👴 unlikely to still be alive to witness that...

dompeilee

11,888 posts

Posted by dompeilee > 2023-07-05 16:44 | Report Abuse

Looks like Aberdeen may have resumed SELLing again...💸

hhhiii123

414 posts

Posted by hhhiii123 > 2023-07-06 19:30 | Report Abuse

dump and collect, finally can jump back??

hhhiii123

414 posts

Posted by hhhiii123 > 2023-07-12 15:53 | Report Abuse

Suddenly fly, lol

limch6229

19 posts

Posted by limch6229 > 2023-07-20 11:52 | Report Abuse

Once Chinese tourists are back (news that China speed up the recovery), business will be back fast

hhhiii123

414 posts

Posted by hhhiii123 > 2023-08-28 20:18 | Report Abuse

With strong cashflow and positive resutl, will it start to fly....

4ever5

271 posts

Posted by 4ever5 > 2023-08-28 21:09 | Report Abuse

The QR is not so good TBH. but i am still holding it because i think it wont drop much further.
July is China Summer holiday and our government already expecting full force of China tourist is visiting Malaysia begin in July. So we can expect a much better Quarter 3 result.

hhhiii123

414 posts

Posted by hhhiii123 > 2023-08-29 08:19 | Report Abuse

Good good, hope this coming Christmas will boost entire tourist but not langkawi and redang, wakaka

dompeilee

11,888 posts

Posted by dompeilee > 2023-08-30 07:45 | Report Abuse

China is facing deflating property like what Japan endured from 1992 to 2012. The tourist numbers will shrink significantly going forward & the still huge glut of hotels with more lower-end tourists eg backpackers & outstation locals will ensure 4-star & below hotels will do far better than 5-star & above. Aberdeen's 30mil shrs left remain a Damocles sword hanging over the price since there is unlikely going to be a dividend for at least a year & they can sell & switch to much better, greater potential shares. This danger is more pronounced given the fact that funds can now get a virtually risk-free 5% or greater return sitting in cash.

Posted by Banana John > 2023-08-30 21:33 | Report Abuse

China rich ppl still a lot furthermore recently China boycott Japan. these rich Chinese tourist may take Malaysia as alternative option.

speakup

23,541 posts

Posted by speakup > 2023-08-30 21:39 | Report Abuse

no way! u look how bad chinese are treated here, u think Chinaman wan to come here? remember Chinaman look like local chinese, most of these tourist are badly treated

limch6229

19 posts

Posted by limch6229 > 2023-08-31 23:07 | Report Abuse

A couple of percent (1 or 2%) of China tourists already over millions of spending power... not forgetting we have India too...

Posted by It's Compounding > 2 months ago | Report Abuse

Anyone knows what is the status of ABRDN? Has it sold below 5% already? The price keeps dropping seem like institutionals sell off their holdings.

hhhiii123

414 posts

Posted by hhhiii123 > 2 months ago | Report Abuse

Hopefully next qr profitable also, at least this share can keep for long term

Posted by EngineeringProfit > 2 months ago | Report Abuse

G.g

teknikal

156 posts

Posted by teknikal > 1 month ago | Report Abuse

Still in bearish trend despite recent rebound as it is below MA20. It has to close above 2.24 then 2.44 to reverse the downtrend.

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Speculatively BOUGHT Shangri-La for the 1st time EVER, betting on a rebound from severely oversold position @ 12-yr lows.

James_Bond

2,116 posts

Posted by James_Bond > 1 month ago | Report Abuse

Accumulating mode…

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

What happened to Shang? share price got beaten even more severely than during pandemic lockdown

Siow Looi

415 posts

Posted by Siow Looi > 1 month ago | Report Abuse

Just continue to average down. Don't ask, just buy

James_Bond

2,116 posts

Posted by James_Bond > 2 weeks ago | Report Abuse

Huat ah! I m right again!

Posted by dollardollarbill > 2 weeks ago | Report Abuse

Old 2011 article for reference:
https://theedgemalaysia.com/article/shangri-la%E2%80%99s-assets-appear-undervalued

"Shangri-La’s revalued net assets could be worth some RM4.88. "

James_Bond

2,116 posts

Posted by James_Bond > 2 weeks ago | Report Abuse

Go go go SHANG!

Posted by dollardollarbill > 2 weeks ago | Report Abuse

Unrelated...but

Robert Kuok memoir, page 222

Shortly after we went public in 1970, the stock exchange collapsed. Stock markets have these bouts of influenza. It was doom and gloom for about three months.

As the market crashed, Shangri-La shares fell to $1.10, to $1.08, to $1.06, and even as low as 92 cents. As the stock dropped, I started to buy. I bought and I bought. In the end, when I looked up, I controlled about 40 percent of Shangri-La shares and had realized my dream of controlling the company. I suppose descendants of those who got watered down by me will say that I contrived the market collapse. I would love to be credited with such supernatural powers, but the truth is that it was pure chance and opportunism on my part.

Siow Looi

415 posts

Posted by Siow Looi > 2 weeks ago | Report Abuse

Already bought like crazy 4 weeks ago

monetary

4,311 posts

Posted by monetary > 2 weeks ago | Report Abuse

I hope promotion rate still available

monetary

4,311 posts

Posted by monetary > 2 weeks ago | Report Abuse

I can feel tat this operator is very kind. Can make some money here

monetary

4,311 posts

Posted by monetary > 2 weeks ago | Report Abuse

May b purposely goreng up share price. Market cap too low. Cannot borrow money for expansion. Hehe....

teknikal

156 posts

Posted by teknikal > 2 weeks ago | Report Abuse

Short term uptrend with resistance at RM2.64.

monetary

4,311 posts

Posted by monetary > 2 weeks ago | Report Abuse

Some alrdy have 10 to 12% gain. Still safe. I guess not many will take profit.

dompeilee

11,888 posts

Posted by dompeilee > 2 weeks ago | Report Abuse

Posted by dompeilee > 1 month ago

Speculatively BOUGHT Shangri-La for the 1st time EVER, betting on a rebound from severely oversold position @ 12-yr lows.



Me = holding till $2.99 ! 🤗[cost= $2.157]

monetary

4,311 posts

Posted by monetary > 2 weeks ago | Report Abuse

This stock took 9 yrs to drop from 7 to where it is now. Will it take another 9 yrs to get back to 7?

HaiLiDeYu

62 posts

Posted by HaiLiDeYu > 1 week ago | Report Abuse

If it will get to RM7 in 9 years, simple strategy is to add consistently to your position, maybe monthly DCA?

Posted by monetary > 2 days ago | Report Abuse

This stock took 9 yrs to drop from 7 to where it is now. Will it take another 9 yrs to get back to 7?

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