Posted by happyfish4ver > 2024-02-19 21:10 | Report Abuse

HAPSENG 2.0 GOGOGO!

Posted by EDwarrior > 2024-02-20 18:00 | Report Abuse

Guess how well or bad the q4 results?

Posted by happyfish4ver > 2024-02-20 22:19 | Report Abuse

big guys buying 2.2

Posted by happyfish4ver > 2024-02-21 22:34 | Report Abuse

TP 2.80 GOGOGO!

Posted by Fabien _the efficient capital allocator > 2024-02-26 20:43 | Report Abuse

Aberdeen ceased as substantial shareholders. That's good news.

Fundamentally, the worse is over. Their associate in Myanmar book value is about 200mil after years of impairment. Their land in Penang are all valued at decades old valuation. For example, the undeveloped land at Rasa Ria carried at only 21 sen psf. If revalued at 100psf, there are huge revaluation surplus. With the ongoing property boom in Penang, those undeveloped land is a gold mine, including 8 acre plot in prime area of Batu Ferringhi (book value recorded at RM27 psf).

Shang's fame lies it its strong brand luxury hotels and management. Shang KL (662 room, 5 star hotel) with book value per room of only RM288K. This is absurdly low figure compared to other luxury hotels which sold at RM1million per room.

The Penang hotels even more cheap. Rasa Sayang book value per room is RM315k, Golden Sands at only RM123k. Just take the book rate per night as benchmark and work out the market valuation for these hotels.

Shang is deeply undervalued, prime candidate for privatization. Trading at massive discount to its RNAV.

Their occupancy rates have been improving gradually ranging from 61% to 82%. With Q4 holiday season, expect the hotels to do very well. You can check google review to get a sense of their hotel bookings.

Posted by Fabien _the efficient capital allocator > 2024-02-26 20:51 | Report Abuse

At current price, the case of Shang assets (5 hotels and landbanks) are seriously undervalued even taking into account the worst scenario of full write down of its Myanmar associate.

Posted by happyfish4ver > 2024-02-27 22:00 | Report Abuse

Strong 2.2 lets go

Posted by Banana John > 2024-02-28 20:41 | Report Abuse

run!!!!! QR mention loss 10m. good luck.

Posted by Najib Zamry > 2024-02-28 20:58 | Report Abuse

Good operating profit. very strong operating cash inflow that’s why the company can declare 7 sen per share dividend

Posted by Alexho > 2024-02-28 21:23 | Report Abuse

Been buying last 5 days

Posted by hw0706 > 2024-02-29 04:55 | Report Abuse

Still loss. Come the red.

Posted by EDwarrior > 2024-02-29 11:57 | Report Abuse

Resume paying dividend. The future perspective of the company maybe brighter

Posted by gankm > 2024-02-29 15:47 | Report Abuse

oversold already. Hope tomorrow will turn green...

Posted by Najib Zamry > 2024-02-29 16:10 | Report Abuse

impairment loss is non cash item. How many has noticed that Shang has positive operating cash flow of RM111 million for last quarter alone? That's why Shang can afford to pay dividend back.

Posted by EDwarrior > 2024-02-29 16:25 | Report Abuse

Ya cashflow keep improving... it is the good sight hahah

Posted by EDwarrior > 2024-02-29 16:26 | Report Abuse

I have already bought it

Posted by Najib Zamry > 2024-03-01 10:09 | Report Abuse

Profit will lie, cash flow wont lie. Tourism industry is the best time to invest now

Posted by Alexho > 2024-03-01 21:12 | Report Abuse

Cantik
Will see the new shareholders list in the coming report

Posted by Najib Zamry > 2024-03-04 09:51 | Report Abuse

wow ICAP has buy call with target price RM5.00 in the latest report!!!!!!

Posted by Activetrader > 2024-03-05 00:28 | Report Abuse

Najib zamry?? Where didn see the buy call report of icap?

Posted by Najib Zamry > 2024-03-06 15:42 | Report Abuse

It is on the last page at I capital weekly letter

Posted by Najib Zamry > 2024-03-06 15:45 | Report Abuse

Rm3.50 will be my target price which is pre covid price.

Posted by Alexho > 2024-03-06 18:33 | Report Abuse

Lets hope for the Shang to be taken private after the sell off

Posted by Alexho > 2024-03-07 06:42 | Report Abuse

Recent buyer is very strong but seller is crazy . Definetly a friendly related party . As Robert Kuok always say when opportunity strikes . I am sure recent sell off is a good opportunity for his related party to buy cheaply . We will see from here and time is the essence

Posted by happyfish4ver > 2024-03-07 23:05 | Report Abuse

patiently waiting to tp you💀

Posted by Najib Zamry > 2024-03-08 09:48 | Report Abuse

Alex this remind me of Jerneh Insurance taken privatised by Kuok Family few years back. Anyway, with the strong cash flow generating by Shang group couple with the fact that influx of foreign tourist to Malaysia, Shang will be my top bet for 2024

Posted by Najib Zamry > 2024-03-08 10:51 | Report Abuse

happyfish4ver
Just ask yourself:-
(1) Do you have confidence in the management team of Robert Kuok and Shangrila 's brand name?
(2) Is Travel Industry a booming sector now?
(3) Would Shang hotel be able to generate positive operating cash flow with the increase in occupancy rate?
(4) A good company must not only have good profit but also good operating cash in flow. Is Shang fulfilled this requirement in the latest quarter report?

Posted by Alexho > 2024-03-08 16:28 | Report Abuse

Keep buying

Posted by Alexho > 2024-03-08 16:33 | Report Abuse

Someone is keeping the pace under control . Weak need to go . The strong holder will make some good money . Time is the essence

Posted by Alexho > 2024-03-11 15:16 | Report Abuse

Today only broker 86 selling

Posted by Najib Zamry > 2024-03-19 20:26 | Report Abuse

Accumulating for next quarter result. Sure sure win

Posted by KingKKK > 2024-03-25 16:53 | Report Abuse

Shangri-La Asia reverses previous losses with FY2023 earnings of US$184.1 mil

https://theedgemalaysia.com/node/705675

Posted by Activetrader > 2024-03-25 22:39 | Report Abuse

KingKK soon Shangri-La Malaysia too

Posted by EDwarrior > 2024-04-02 10:07 | Report Abuse

When Shang will fly? Target price RM 4?

Posted by Activetrader > 2024-04-02 23:53 | Report Abuse

EDwarrior : very soon my friend. RM3 is easily achieved

Posted by EDwarrior > 2024-04-03 11:14 | Report Abuse

Look like still sleeping le

Posted by speakup > 2024-04-03 21:12 | Report Abuse

https://www.thestar.com.my/news/nation/2024/04/03/robert-kuok-only-msian-among-forbes-top-200-billionaires-14-others-in-rich-list
Robert already moved to HK as his home, why do we still call him malaysian?

Posted by Alexho > 2024-04-04 08:00 | Report Abuse

Keep buying
Someone rolling higher everyday

Posted by EDwarrior > 2024-04-04 17:42 | Report Abuse

Hope can reach RM 4

Posted by Alexho > 2024-04-08 09:14 | Report Abuse

Hold tight . Something coming up
Keep buying if ada bullet

Posted by Activetrader > 2024-04-08 20:10 | Report Abuse

This indicates next quarter will be good. I strongly believe their earning will back on track coupled with visa free for china tourist. Pls bear in mind shangri la is chinese favourate hotel in world wide

Posted by Alexho > 2024-04-08 21:26 | Report Abuse

Hopefully is a GO in the pipeline . Big chunk of cheap shares should now be mop up by the major shareholder . Keep our finger cross 🤞

Posted by Activetrader > 2024-04-08 22:59 | Report Abuse

There is one anchor investor is going to emerge soon but im not telling who are they at this jucnture. The free float shares left in the market is relatively low and it can be eaten up to RM3-3.5 level very quickly. Not to forget the all time high priced at RM8+ and i opine RM5 is achievable for midterm. Is the best time to hop onto the boat now as it will never stay low forever. "If not now then when?" Myanmar business will turnaround soon as the capable management team is doing something on it. what we do is buy and wait. Reap your fruit in 3-6 months time. Tips given, choice yours!

Posted by Najib Zamry > 2024-04-09 02:51 | Report Abuse

Shang will be stock of the year 2024. Mark my words. The next quarter result will be super duper good.

Posted by Alexho > 2024-04-09 03:18 | Report Abuse

As for Myanmar Aung San Su Kyi
Will come.back soon and Junta will be gone for good . Happening very soon . I still hoping for a GO for Shang . Today share price have all indication and tomorrow will double confirm if momentum is still there

Posted by Activetrader > 2024-04-09 10:27 | Report Abuse

Hold tight all bros go go go

Posted by hhhiii123 > 2024-04-09 20:04 | Report Abuse

next q must be huge profit, wakekek

Posted by speakup > 2024-04-10 08:45 | Report Abuse

Airbnb kill many hotels

Posted by Alexho > 2024-04-10 14:04 | Report Abuse

Different experiences and different requirement. Shang KL also famous fir their FnB and Event function

Posted by Activetrader > 2024-04-10 23:43 | Report Abuse

only budgeted tourist will go for airbnb. rich china ppl all will opt for luxury hotels. They are looking for better environment and staying experience. Alexho is right, wedding dinner and corporate function will normally held in 5stars hotel.