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turtletrader Senior	24-Feb-2020 11:45        turtletrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	No retail interest -  decline to low 40' s cent...think will stuck at this range for a long time.
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lingua101 Veteran	17-Apr-2019 16:14        lingua101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	so wayang only? lukewong82      ( Date: 17-Apr-2019 11:08) Posted: Look at the volume. Dun think there is real buying interest... lingua101      ( Date: 17-Apr-2019 10:28) Posted: It hits 50c finally :) Anyone know why?
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lukewong82 Master	17-Apr-2019 11:08        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Look at the volume. Dun think there is real buying interest... lingua101      ( Date: 17-Apr-2019 10:28) Posted: It hits 50c finally :) Anyone know why?
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lingua101 Veteran	17-Apr-2019 10:28        lingua101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It hits 50c finally :) Anyone know why?
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jamesng Master	06-Mar-2019 16:23        jamesng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maintain BUY with unchanged SGD0.88 TP pegged to a 35% discount to RNAV, offering 91% upside plus 2% yield. We remain bullish after speaking to management. For 2019, Amara&rsquo s Shanghai mall and office revenue contributions will commence. In addition, the stabilisation of Amara&rsquo s Shanghai hotel operations (since opening in 1Q18) will also add to earnings. We believe Amara&rsquo s Singapore hotels operations should remain steady from healthy visitor arrivals. ?h We raise FY19F net profit by 12% to SGD18m, factoring in slightly more revenue from property investment and development. Our FY19F net profit is 44% lower YoY primarily due to our assumption of lower fair value gains. Stripping off fair value gains, the proforma FY19 PBT would be 14% higher YoY &ndash reflecting good operating gains. We also raised FY20F net profit by 11%. ?h Stronger FY19 revenue to come from Shanghai mall and office. After 2018 revenue rose 16%, driven mainly by the hotel investment and management segment (+21%), we remain bullish on further 2019 revenue expansion. Amara signed an office leasing contract in Jan 2019 with a single party, leasing out all of its Shanghai office space. 90% of its Shanghai mall has also been leased out. ?h 4Q18 Amara Signature Shanghai occupancy was 70+%. This high operating performance is positive on earnings, but depreciation charges led to a negative impact on 2018 P& L. ?h Amara&rsquo s Singapore hotels recorded a slight increase in 2018 occupancy rate, and average room rate (ARR) was stable. We expect earnings to remain stable. ?h Higher FY18 dividend. The board of directors declared a final dividend of SGD0.01/share and a special dividend of SGD0.01/share. This gives an overall FY18 dividend yield of 4.3%. We did not assume any special dividend for FY19. ?h Key risks are global economic fluctuations and geopolitical developments that could affect tourist arrivals.
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KAMAL0883 Supreme	28-Feb-2019 11:04        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	nothing special .... the family control and have the say. not easy to play sky up Secret_Squirrel      ( Date: 28-Feb-2019 09:05) Posted: Results just out yesterday. Recommended 2cents dividend. 1 cent   final, 1cent special dividend. KAMAL0883      ( Date: 21-Feb-2019 11:55) Posted: unless the entire family control very big portion of the shares then they will surely unlock the value to share holders otherwise just keep the price stable and just increase CEO , COO , ECO etc salary ......... never heard " fat water never to others' farm " ???? as i mentioned before , as long as the old old boss never call home by Lord, Amara is like a pound of dead water
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Secret_Squirrel Elite	28-Feb-2019 09:05        Secret_Squirrel About Contact  Quote this Post!   Yells: "Stay curious but skeptical"
x 0   x 0  Alert Admin	Results just out yesterday. Recommended 2cents dividend. 1 cent   final, 1cent special dividend. KAMAL0883      ( Date: 21-Feb-2019 11:55) Posted: unless the entire family control very big portion of the shares then they will surely unlock the value to share holders otherwise just keep the price stable and just increase CEO , COO , ECO etc salary ......... never heard " fat water never to others' farm " ???? as i mentioned before , as long as the old old boss never call home by Lord, Amara is like a pound of dead water   LionInvestments      ( Date: 21-Feb-2019 10:35) Posted: Bought this in 2007 at 0.79, when they had only one hotel in Tanjong Pagar, a small one in Vietnam which they were divesting, and had an interesting pipeline,  and now 12 years later after they opened several so called promising hotels in Sentosa, Bangkok, Shanghai, and revamped their 100AM mall, it is down to 0.46. Meanwhile dividend yield has been pretty negligible too. This is one of my worst performing stocks (besides the S-chip fraud cases, some Aussie mining stocks and Italian banks), I did even much  better on the Lippo related counters... There must be a management problem since they are sitting on good assets, have grown their asset base quite a bit (not too slow I think), but  none of their investments seems to be able to generate a decent return. Also questionable why they  mix property developments with hotel business, since  as a small property developer the profits from this segment are too volatile. I also presume that the family is creaming off a lot of the profits, there are too many family members employed... In my view only way to  unlock value  from this stock is if it is  acquired by a larger hotel group, which then spins off the property development business  and manages to improve the hotel returns. Let' s hope corporate raiders discover this stock and find a way to take control... Any valuable insights?
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KAMAL0883 Supreme	21-Feb-2019 11:55        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	unless the entire family control very big portion of the shares then they will surely unlock the value to share holders otherwise just keep the price stable and just increase CEO , COO , ECO etc salary ......... never heard " fat water never to others' farm " ???? as i mentioned before , as long as the old old boss never call home by Lord, Amara is like a pound of dead water   LionInvestments      ( Date: 21-Feb-2019 10:35) Posted: Bought this in 2007 at 0.79, when they had only one hotel in Tanjong Pagar, a small one in Vietnam which they were divesting, and had an interesting pipeline,  and now 12 years later after they opened several so called promising hotels in Sentosa, Bangkok, Shanghai, and revamped their 100AM mall, it is down to 0.46. Meanwhile dividend yield has been pretty negligible too. This is one of my worst performing stocks (besides the S-chip fraud cases, some Aussie mining stocks and Italian banks), I did even much  better on the Lippo related counters... There must be a management problem since they are sitting on good assets, have grown their asset base quite a bit (not too slow I think), but  none of their investments seems to be able to generate a decent return. Also questionable why they  mix property developments with hotel business, since  as a small property developer the profits from this segment are too volatile. I also presume that the family is creaming off a lot of the profits, there are too many family members employed... In my view only way to  unlock value  from this stock is if it is  acquired by a larger hotel group, which then spins off the property development business  and manages to improve the hotel returns. Let' s hope corporate raiders discover this stock and find a way to take control... Any valuable insights?
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LionInvestments Member	21-Feb-2019 10:35        LionInvestments About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bought this in 2007 at 0.79, when they had only one hotel in Tanjong Pagar, a small one in Vietnam which they were divesting, and had an interesting pipeline,  and now 12 years later after they opened several so called promising hotels in Sentosa, Bangkok, Shanghai, and revamped their 100AM mall, it is down to 0.46. Meanwhile dividend yield has been pretty negligible too. This is one of my worst performing stocks (besides the S-chip fraud cases, some Aussie mining stocks and Italian banks), I did even much  better on the Lippo related counters... There must be a management problem since they are sitting on good assets, have grown their asset base quite a bit (not too slow I think), but  none of their investments seems to be able to generate a decent return. Also questionable why they  mix property developments with hotel business, since  as a small property developer the profits from this segment are too volatile. I also presume that the family is creaming off a lot of the profits, there are too many family members employed... In my view only way to  unlock value  from this stock is if it is  acquired by a larger hotel group, which then spins off the property development business  and manages to improve the hotel returns. Let' s hope corporate raiders discover this stock and find a way to take control... Any valuable insights?
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KAMAL0883 Supreme	20-Feb-2019 15:26        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Ok KAMAL0883      ( Date: 19-Feb-2019 15:02) Posted: Old man boss too conservative, business expanding extremely slow.......... Buay si buay wak,    bu so by huo alexchew      ( Date: 19-Feb-2019 14:52) Posted: i think dividend not fantastic anyway as well... easily, reit can beat it
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KAMAL0883 Supreme	19-Feb-2019 15:02        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Old man boss too conservative, business expanding extremely slow.......... Buay si buay wak,    bu so by huo alexchew      ( Date: 19-Feb-2019 14:52) Posted: i think dividend not fantastic anyway as well... easily, reit can beat it. KAMAL0883      ( Date: 19-Feb-2019 14:51) Posted: It will not move or move very little until the old boss call home by Lord and a new and younger boss take  over the business
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alexchew Master	19-Feb-2019 14:52        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	i think dividend not fantastic anyway as well... easily, reit can beat it. KAMAL0883      ( Date: 19-Feb-2019 14:51) Posted: It will not move or move very little until the old boss call home by Lord and a new and younger boss take  over the business  fatpanda      ( Date: 31-Jul-2018 11:58) Posted: I hold Amara shares more than 10 years liao. The movement of share price is worst than turtle crawling, no energy (no volume support) and never hit the targets.  And if it falls, then it rolls down hill like a rock. Forget about this stock, If you have money to invest, go and look for other better stocks. For me, I already framed it up and put inside my toilet room as decolaration.
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KAMAL0883 Supreme	19-Feb-2019 14:51        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	It will not move or move very little until the old boss call home by Lord and a new and younger boss take  over the business  fatpanda      ( Date: 31-Jul-2018 11:58) Posted: I hold Amara shares more than 10 years liao. The movement of share price is worst than turtle crawling, no energy (no volume support) and never hit the targets.  And if it falls, then it rolls down hill like a rock. Forget about this stock, If you have money to invest, go and look for other better stocks. For me, I already framed it up and put inside my toilet room as decolaration.
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alexchew Master	19-Feb-2019 14:33        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	seriously undervalued.. but, whether it turns out to be a value trap, only future can know.. so far, it has not been able to unlock its massively undervalued hotels in my opinion.. can only hope for a consolidation in the hotel arena then this will be re-valued..too many hotel brands around... lingua101      ( Date: 19-Feb-2019 14:18) Posted: this counter is sleeping :(
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lingua101 Veteran	19-Feb-2019 14:18        lingua101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	this counter is sleeping :(
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Secret_Squirrel Elite	01-Dec-2018 10:11        Secret_Squirrel About Contact  Quote this Post!   Yells: "Stay curious but skeptical"
x 0   x 0  Alert Admin	Finally start to move a bit.   Hopefully is substainable
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fatpanda Supreme	31-Jul-2018 11:58        fatpanda About Contact  Quote this Post! Style: Technical   Mood: Yells: "Another wonderful day!"
x 1   x 0  Alert Admin	I hold Amara shares more than 10 years liao. The movement of share price is worst than turtle crawling, no energy (no volume support) and never hit the targets.  And if it falls, then it rolls down hill like a rock. Forget about this stock, If you have money to invest, go and look for other better stocks. For me, I already framed it up and put inside my toilet room as decolaration.
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lingua101 Veteran	31-Jul-2018 11:35        lingua101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	down again today..... what' s really going on on this sleeping share Secret_Squirrel      ( Date: 30-Jul-2018 13:49) Posted: Now already up 2cents at 49. But volume is low  jamesng      ( Date: 17-May-2018 03:43) Posted: Maintain BUY and TP of SGD0.88, pegged to P/RNAV of 0.65x and offering 69% upside. After talking to management, we remain optimistic about Amara. The group recorded a 32% YoY jump in 1Q18 net profit, driven by the hotel investment and management segment. Looking ahead, the Singapore hotel segment should benefit from more travellers and muted new hotel room supply in 2018. The 343-room Amara Signature Shanghai, which was soft launched in Jan/Feb 2018, has close to 300 rooms opened for travellers currently. In 2H18, management is targeting to relaunch the balance 26 residential units at M5@Jalan Mutiara (of which seven units were sold earlier), and launch the freehold 56-unit residential development at Newton Road. These two projects are potential contributors to total revenue. We believe the positive news flow would narrow the discount between the stock&rsquo s traded price and our RNAV estimate.    1Q18 net profit of SGD2.1m was 32% higher YoY. Whilst it accounted for 15% of our full-year net profit estimate, 2H18 earnings are expected to be stronger. As such, we deem the results as in line with our expectations. 1Q18 revenue was up 13% YoY, due to higher revenue at the hotel investment and management segment.  Expect upswing in Singapore hotels. Management believes its hotels in Singapore would benefit from an upswing in leisure and corporate travellers, as well as relatively muted new hotel room supply in 2018.  Revenue catalyst from its Shanghai hotel. The 343-room Amara Signature Shanghai was soft launched in 1Q18, and contributed SGD1m to 1Q18&rsquo s revenue. This 30-storey international 5-star hotel is within the inner core city centre of Puxi, Shanghai. As of early May 2018, close to 300 rooms were opened for travellers. Whilst there could be some initial losses from the Shanghai hotel operations, management is hoping to replicate the strong initial performance of Amara Bangkok, which reported positive operating cash flows in its second year of operation.    We have factored in significant revenue contributions from Amara Signature Shanghai in 2018. However, 2018&rsquo s turnover is projected to be lower than 2017, mainly due to expectations of sharply lower fair value gains for investment properties.    Contributions from 100 AM Shanghai in 2H18. Adjacent to this hotel is 100 AM Shanghai, a 10,500 sqm complex comprising a Grade A office tower and a retail mall, offering dining outlets and a cinema. 100 AM Shanghai is expected to have a soft opening in 2H18. Co-working space operator, Kr Space, a spin-off from Ant Financial-backed 36Kr, has signed a 10-year lease for the entire office block, amounting to 4,000 sqm of constructed floor area. Significant valuation surplus. The group&rsquo s balance sheet reflects only the cost of the hotels. There are several significant valuation upsides for Amara Singapore, Amara Sanctuary Resort Sentosa, and Amara Signature Shanghai. Factoring in the unrealised valuation upsides, we estimate that Amara has an RNAV of SGD1.36 per share. At current levels, the stock is trading at P/RNAV of 0.4x. Our SGD0.88 TP is pegged to P/RNAV of 0.65x &ndash this suggests a 35% discount to its RNAV, which we believe is conservative given the mid-20s discount to RNAV for SGX-listed peers. Key risks to our call. Visitor arrivals to the hotels operated by Amara could be adversely affected by several factors. These include negative weather, health scares, and/or political developments.
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Secret_Squirrel Elite	30-Jul-2018 13:49        Secret_Squirrel About Contact  Quote this Post!   Yells: "Stay curious but skeptical"
x 0   x 0  Alert Admin	Now already up 2cents at 49. But volume is low  jamesng      ( Date: 17-May-2018 03:43) Posted: Maintain BUY and TP of SGD0.88, pegged to P/RNAV of 0.65x and offering 69% upside. After talking to management, we remain optimistic about Amara. The group recorded a 32% YoY jump in 1Q18 net profit, driven by the hotel investment and management segment. Looking ahead, the Singapore hotel segment should benefit from more travellers and muted new hotel room supply in 2018. The 343-room Amara Signature Shanghai, which was soft launched in Jan/Feb 2018, has close to 300 rooms opened for travellers currently. In 2H18, management is targeting to relaunch the balance 26 residential units at M5@Jalan Mutiara (of which seven units were sold earlier), and launch the freehold 56-unit residential development at Newton Road. These two projects are potential contributors to total revenue. We believe the positive news flow would narrow the discount between the stock&rsquo s traded price and our RNAV estimate.    1Q18 net profit of SGD2.1m was 32% higher YoY. Whilst it accounted for 15% of our full-year net profit estimate, 2H18 earnings are expected to be stronger. As such, we deem the results as in line with our expectations. 1Q18 revenue was up 13% YoY, due to higher revenue at the hotel investment and management segment.  Expect upswing in Singapore hotels. Management believes its hotels in Singapore would benefit from an upswing in leisure and corporate travellers, as well as relatively muted new hotel room supply in 2018.  Revenue catalyst from its Shanghai hotel. The 343-room Amara Signature Shanghai was soft launched in 1Q18, and contributed SGD1m to 1Q18&rsquo s revenue. This 30-storey international 5-star hotel is within the inner core city centre of Puxi, Shanghai. As of early May 2018, close to 300 rooms were opened for travellers. Whilst there could be some initial losses from the Shanghai hotel operations, management is hoping to replicate the strong initial performance of Amara Bangkok, which reported positive operating cash flows in its second year of operation.    We have factored in significant revenue contributions from Amara Signature Shanghai in 2018. However, 2018&rsquo s turnover is projected to be lower than 2017, mainly due to expectations of sharply lower fair value gains for investment properties.    Contributions from 100 AM Shanghai in 2H18. Adjacent to this hotel is 100 AM Shanghai, a 10,500 sqm complex comprising a Grade A office tower and a retail mall, offering dining outlets and a cinema. 100 AM Shanghai is expected to have a soft opening in 2H18. Co-working space operator, Kr Space, a spin-off from Ant Financial-backed 36Kr, has signed a 10-year lease for the entire office block, amounting to 4,000 sqm of constructed floor area. Significant valuation surplus. The group&rsquo s balance sheet reflects only the cost of the hotels. There are several significant valuation upsides for Amara Singapore, Amara Sanctuary Resort Sentosa, and Amara Signature Shanghai. Factoring in the unrealised valuation upsides, we estimate that Amara has an RNAV of SGD1.36 per share. At current levels, the stock is trading at P/RNAV of 0.4x. Our SGD0.88 TP is pegged to P/RNAV of 0.65x &ndash this suggests a 35% discount to its RNAV, which we believe is conservative given the mid-20s discount to RNAV for SGX-listed peers. Key risks to our call. Visitor arrivals to the hotels operated by Amara could be adversely affected by several factors. These include negative weather, health scares, and/or political developments.
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jamesng Master	17-May-2018 03:43        jamesng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maintain BUY and TP of SGD0.88, pegged to P/RNAV of 0.65x and offering 69% upside. After talking to management, we remain optimistic about Amara. The group recorded a 32% YoY jump in 1Q18 net profit, driven by the hotel investment and management segment. Looking ahead, the Singapore hotel segment should benefit from more travellers and muted new hotel room supply in 2018. The 343-room Amara Signature Shanghai, which was soft launched in Jan/Feb 2018, has close to 300 rooms opened for travellers currently. In 2H18, management is targeting to relaunch the balance 26 residential units at M5@Jalan Mutiara (of which seven units were sold earlier), and launch the freehold 56-unit residential development at Newton Road. These two projects are potential contributors to total revenue. We believe the positive news flow would narrow the discount between the stock&rsquo s traded price and our RNAV estimate.    1Q18 net profit of SGD2.1m was 32% higher YoY. Whilst it accounted for 15% of our full-year net profit estimate, 2H18 earnings are expected to be stronger. As such, we deem the results as in line with our expectations. 1Q18 revenue was up 13% YoY, due to higher revenue at the hotel investment and management segment.  Expect upswing in Singapore hotels. Management believes its hotels in Singapore would benefit from an upswing in leisure and corporate travellers, as well as relatively muted new hotel room supply in 2018.  Revenue catalyst from its Shanghai hotel. The 343-room Amara Signature Shanghai was soft launched in 1Q18, and contributed SGD1m to 1Q18&rsquo s revenue. This 30-storey international 5-star hotel is within the inner core city centre of Puxi, Shanghai. As of early May 2018, close to 300 rooms were opened for travellers. Whilst there could be some initial losses from the Shanghai hotel operations, management is hoping to replicate the strong initial performance of Amara Bangkok, which reported positive operating cash flows in its second year of operation.    We have factored in significant revenue contributions from Amara Signature Shanghai in 2018. However, 2018&rsquo s turnover is projected to be lower than 2017, mainly due to expectations of sharply lower fair value gains for investment properties.    Contributions from 100 AM Shanghai in 2H18. Adjacent to this hotel is 100 AM Shanghai, a 10,500 sqm complex comprising a Grade A office tower and a retail mall, offering dining outlets and a cinema. 100 AM Shanghai is expected to have a soft opening in 2H18. Co-working space operator, Kr Space, a spin-off from Ant Financial-backed 36Kr, has signed a 10-year lease for the entire office block, amounting to 4,000 sqm of constructed floor area. Significant valuation surplus. The group&rsquo s balance sheet reflects only the cost of the hotels. There are several significant valuation upsides for Amara Singapore, Amara Sanctuary Resort Sentosa, and Amara Signature Shanghai. Factoring in the unrealised valuation upsides, we estimate that Amara has an RNAV of SGD1.36 per share. At current levels, the stock is trading at P/RNAV of 0.4x. Our SGD0.88 TP is pegged to P/RNAV of 0.65x &ndash this suggests a 35% discount to its RNAV, which we believe is conservative given the mid-20s discount to RNAV for SGX-listed peers. Key risks to our call. Visitor arrivals to the hotels operated by Amara could be adversely affected by several factors. These include negative weather, health scares, and/or political developments.
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