| Latest Forum Topics / Eagle HTrust USD Last:0.137 -- |
|
|
EAGLE Hosp Reit US$ @$0.780 cents
|
|||||
|
Goldfinger
Supreme |
07-May-2020 11:13
|
||||
|
x 0
x 0 Alert Admin |
To be balanced - this is very likely a tricky game by the sponsors to make money by offloading to IPO investors, but I am not 100% sure it is a scam. Who does not want to make money if others want to pay the price or a higher price, and it is theoretically not illegal? To also say all is lost - I am also not so sure, and think less likely. I bet quite a bit on this EHT in the last days of trading, expecting a liquidation scenario due to COVID.  That is also not yet realised.  Given US Bankruptcy laws nad the lengthy process, and the freezing of Courts due to COVID - it will likely take years before any bankruptcy attempt can be pulled off by the Bank lenders.  Even Lehman Brothers liquidation took years and years to complete. My take - this will likely drag out for quite a while longer, COVID will have reduced and over by then, the USA hotel industry will likely be at 70%-80% recovery (just given the sheer size of their domestic market), and this EHT will need to be recapitalised or overhauled through a combination of white knight new shareholder, placements, rights cash calls and a new Reit Manager.  Hopefully SG can confiscate the Howard and Gang shares and use to compensate retail minorities (I do not know if this can be done).  Let us see what happens. I do not have the Crystal Ball. |
||||
| Useful To Me Not Useful To Me | |||||
|
notmybiz
Senior |
07-May-2020 09:22
|
||||
|
x 0
x 0 Alert Admin |
Many?re in denial until game over than start to ask why this & that. By then is too late! Uniholders? money will be forever gone!! Of coz scammers pray no one will expose them best if all investors are still Dreaming
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Peter88
Senior |
07-May-2020 08:48
|
||||
|
x 0
x 0 Alert Admin |
People feel better if this is not a scam , so be it . | ||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
06-May-2020 23:48
|
||||
|
x 0
x 0 Alert Admin |
Haha cute - yes, hardly constructive.
|
||||
| Useful To Me Not Useful To Me | |||||
|
ipolaris
Senior |
06-May-2020 23:07
|
||||
|
x 0
x 0 Alert Admin |
Earlier you called this a scam and questioned why nobody has called the police so obviously you are not vested. Yet you enjoy coming here to constantly instill fear and negative sentiment. I know who you are...the same big mouth guy from IN. Just make yourself disappear and you' ll be helping ppl here ok? Mind your own biz since you can' t suggest anything good since all you can say is repeating it' s a scam. That' s exactly how you have annoyed many in IN and didn' t even realise it. Smh
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Peter88
Senior |
06-May-2020 12:17
|
||||
|
x 0
x 0 Alert Admin |
Enter master lease agreetment and refused to top up SDs and pay rentals to the trust , if this is not scam ,what is ?
|
||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
05-May-2020 18:59
|
||||
|
x 0
x 0 Alert Admin |
Like Sabana reit, after the CEO left, EHT will be rejuvenated with the help of   legit professional. https://www.gfhotels.com/gf-hotels--resorts.html  
GF Hotels & Resorts, through its operating affiliates, currently operates over 70 individual hospitality entities representing over 11,000 guest rooms. The current GF portfolio is comprised of hospitality assets owned by principals of GF, as well as hospitality assets managed or asset managed on behalf of our industry partners. Since its formation, GF has managed over 500 hospitality assets in 45 states.
 
 
|
||||
| Useful To Me Not Useful To Me | |||||
|
PEWVAW
Senior |
05-May-2020 18:16
|
||||
|
x 0
x 0 Alert Admin |
It' s actually hardly a crime and probably not even a scam in that sense. Between UC and EHT, UC is basically owing rents from Jan' 20 to date. It is also short in some deposit. That' s all. It' s actually just like a tenant owing a few months rent to the landlord...only in this instance this tenant is de tenant for all of the landlord' s properties sigh. How UC valued the properties, dealt with the hotel vendors including not paying them in full, how Frank Yuan knew what was coming and has been selling all this while showing clear insider knowledge...all these don' t matter had UC paid rent correct. So it really boils down to a few months rental owing and some shortfall in deposit. Far from a crime I recall there' s an unsecured loan provided to EHT by Frank Yuan associates to the tune of 60-90M? Can' t recall correctly. Not clear if the loan is related to UC too. If it is again there could be some set-offs there
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
PEWVAW
Senior |
05-May-2020 18:08
|
||||
|
x 0
x 0 Alert Admin |
Agree. EHT doesnt really lose money yet if they are able to structure a new master lease within time. There remains quite some deposits to set-off against rental owing to EHT. There' ll also be setoffs with the lessees in terms of the amount UC owes. GF looks credible.
|
||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
05-May-2020 17:21
|
||||
|
x 0
x 0 Alert Admin |
Sabana reit has years of shit piled up which eroded a big chunk of its nav but now  is recovering well as its nav rises. As long as EHT start clearing the shit off, think there is hope.
|
||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
05-May-2020 17:16
|
||||
|
x 0
x 0 Alert Admin |
Somehow has a positive feel that with temporary caretaker service from GF Hotels & Resorts, thing will be better.   
|
||||
| Useful To Me Not Useful To Me | |||||
|
lawrence83
Senior |
05-May-2020 16:11
|
||||
|
x 0
x 0 Alert Admin |
The result is no longer important. whether EHT can get the rent in cash is questionable since the master lesse is insolvent.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
laksaman57
Supreme |
05-May-2020 14:25
|
||||
|
x 0
x 0 Alert Admin |
Probably use 1Q20 result to negate 2H19 (3Q19 & 4Q19) positive DPU. | ||||
| Useful To Me Not Useful To Me | |||||
|
Peter88
Senior |
04-May-2020 22:03
|
||||
|
x 0
x 0 Alert Admin |
Cannot distribute dividend , distribute quaterly result ? | ||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
04-May-2020 19:26
|
||||
|
x 0
x 0 Alert Admin |
Quite surprised they intend to publish their interim results for Q1 2020.  But, frankly, its a nice gesture when they do not have to do it anymore. " Eagle Hospitality REIT Management Pte. Ltd., as manager of Eagle Hospitality Real Estate Investment Trust (&ldquo EH-REIT&rdquo ), and Eagle Hospitality Business Trust Management Pte. Ltd., as trustee-manager of Eagle Hospitality Business Trust (&ldquo EH-BT&rdquo ) (collectively, the &ldquo Managers&rdquo ), will be announcing the unaudited financial results of Eagle Hospitality Trust, a stapled group comprising EH-REIT and EH-BT, for the first quarter ended 31 March 2020 on 15 May 2020 after market closes."   |
||||
| Useful To Me Not Useful To Me | |||||
|
Peter88
Senior |
04-May-2020 18:16
|
||||
|
x 0
x 0 Alert Admin |
Just wonder why this is an obvious scam but still have yet to see anyone report to police ? Not sure scam or not ? | ||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
03-May-2020 14:03
|
||||
|
x 0
x 0 Alert Admin |
Remdisivir is reviving the US biz enviroment which will offer opportunities to cure EHT.
|
||||
| Useful To Me Not Useful To Me | |||||
|
uiop1223
Supreme |
03-May-2020 10:11
|
||||
|
x 0
x 1 Alert Admin |
Bro... this nothing to do with biz environment.. its now fraud
|
||||
| Useful To Me Not Useful To Me | |||||
|
notmybiz
Senior |
03-May-2020 10:09
|
||||
|
x 0
x 0 Alert Admin |
MAS please punish DBS for tarnishing the reputation of our financial hub status 😡 😡 | ||||
| Useful To Me Not Useful To Me | |||||
|
Calmroom
Master |
02-May-2020 12:21
|
||||
|
x 0
x 0 Alert Admin |
US FDA has just granted emergency approval  for remdesivir. Gilead has donated  1.5 million vials to be distributed beginning Mon and said it could manufacture lots, lots more. If many severely ill  patients are reported to recover dramatically after treatment, Eagle hotels could reopen very soon.   |
||||
| Useful To Me Not Useful To Me | |||||

