Their website booking also included Bay Hotel (HCM).
Hmmm......maybe got something in the pipeline.
Hmmm......maybe got something in the pipeline.
http://www.bayresorthoian.com/
Bay Resort website up and running!!!!!
Next Week Start To Cheong!

 
Bay Resort website up and running!!!!!
Next Week Start To Cheong!

 
Usually New Hotel Grand Opening will annouce minimally 1 - 2 weeks in advance to confirm the number of Invited Guest attending and arrangement of Press & Media to cover the event.
From their reply, Bay Resorts (Hoi An) Officially Opening was scheduled on 27 March 23, so we are likely to see the annoucement around 1 - 2 weeks from now.

From their reply, Bay Resorts (Hoi An) Officially Opening was scheduled on 27 March 23, so we are likely to see the annoucement around 1 - 2 weeks from now.

Borris ( Date: 01-Mar-2023 08:51) Posted:
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Bro, everybody koyok selling their counter lah. You can express your opinion and views of the counter, so long as your reasoning can stand and not make up of falsehood or accusation.
You always go round asking how much other company pay the forummers?
 
You always go round asking how much other company pay the forummers?
 

FINCH51 ( Date: 01-Mar-2023 16:18) Posted:
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Afternoon bro good saleman for this counter how much commision they give you,merbers careful this counter try to trick merbers to support run if you can,same trick few years back careful.
lplateinvestor ( Date: 01-Mar-2023 12:31) Posted:
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If we take a conservative amount of just US$18.5m as total unrealised profit(paper profit) from the two 5 Star assets which Adventus developed from scratch, then the current Net Asset Value of the company should be $0.017 instead of $0.007.
US$18.5m = S$25m
S$25m / 2.45b shares = appr. $0.010 per share
$0.010 + current NAV $0.007 = $0.017
It is a no brainer that buying Adventus at $0.007 currently is a steal with 58.8% discount.
US$18.5m = S$25m
S$25m / 2.45b shares = appr. $0.010 per share
$0.010 + current NAV $0.007 = $0.017
It is a no brainer that buying Adventus at $0.007 currently is a steal with 58.8% discount.
Revaluation of the Hospitality Assets might jeopardize whatever Corporate Actions that was planned in the pipeline.
Likely to announce strings of good news in upcoming months.
lplateinvestor ( Date: 01-Mar-2023 08:40) Posted:
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My bad, I mean an official announcement at SGX.
lplateinvestor ( Date: 01-Mar-2023 08:56) Posted:
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Sorry, what is PR?
Anyway I think a couple of upcoming good news to look forward to can be:
1. Announcement of Official Openings of both the hotel and resort THIS MONTH!
2. Announcement of conversion of loan to equity of Bay Capital Danang.
Anyway I think a couple of upcoming good news to look forward to can be:
1. Announcement of Official Openings of both the hotel and resort THIS MONTH!
2. Announcement of conversion of loan to equity of Bay Capital Danang.
Borris ( Date: 01-Mar-2023 08:51) Posted:
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Does it mean that the company should put up a PR on its official opening soon? Likely few days before it?s opening ?
lplateinvestor ( Date: 01-Mar-2023 08:17) Posted:
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Company announced unrealised losses as follows -Fluctuation of foreign exchange between US dollar and Vietnamese Dong against Singapore dollar resulted in unrealised losses.-
But company did not declare their huge unrealised profits from both assets which company developed.
But company did not declare their huge unrealised profits from both assets which company developed.
Booking was available since Feb from trip.com website. Stated as opened in trip.com.
I found another website which also states that both the hotel and the resort were opened since Feb.
So yes, should be soft opening to test run everything to ensure smooth operations.
The specific date given to you by Bay Resort should be their official opening date.
Oh yah, bookings (for dates from April) have already been available via many websites since a week or two ago.
I found another website which also states that both the hotel and the resort were opened since Feb.
So yes, should be soft opening to test run everything to ensure smooth operations.
The specific date given to you by Bay Resort should be their official opening date.
Oh yah, bookings (for dates from April) have already been available via many websites since a week or two ago.
Volmax ( Date: 28-Feb-2023 22:14) Posted:
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New Hotel usually Soft Opening with Early Bird Discount and run for 1 -2 months to ensure smooth operations, before the Official Grand Opening.


Borris ( Date: 28-Feb-2023 21:30) Posted:
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Are the 2 hotels open ? Don?t think so.
Reviews of Bay Resort Hoi An


Found some reviews of Bay Capital Danang


Result' s Out!
 
5. A commentary at the date of the announcement of the significant trends and competitive conditions of the industry in which the Group operates and any known factors or events that may affect the Group in the next operating period and the next 12 months. 
The developments have been progressing and the Group is hopeful that the development of both hotels in Vietnam will complete soon. Due to the easing of COVID-19 situation, the tourism market outlook is expected to improve. The Group will make the necessary announcements on SGXNET if there are any updates to the developments of the two hotels and/or the Group&rsquo s plans.
Apart from this, the Group will continue to look for the right opportunities to diversify its businesses to create revenue streams.
 
12. Subsequent events
The Group has incorporated a new wholly owned subsidiary in Malaysia, namely Crimson (Malaysia) Sdn. Bhd. after the reporting period. Please refer to the announcement &ldquo Incorporation of a wholly owned subsidiary in Malaysia&rdquo as previously announced on 25 January 2023.
Apart from the above, there are no known subsequent events which have led to adjustments to this set of interim financial statements.
The Group has incorporated a new wholly owned subsidiary in Malaysia, namely Crimson (Malaysia) Sdn. Bhd. after the reporting period. Please refer to the announcement &ldquo Incorporation of a wholly owned subsidiary in Malaysia&rdquo as previously announced on 25 January 2023.
Apart from the above, there are no known subsequent events which have led to adjustments to this set of interim financial statements.
5. A commentary at the date of the announcement of the significant trends and competitive conditions of the industry in which the Group operates and any known factors or events that may affect the Group in the next operating period and the next 12 months. 
The developments have been progressing and the Group is hopeful that the development of both hotels in Vietnam will complete soon. Due to the easing of COVID-19 situation, the tourism market outlook is expected to improve. The Group will make the necessary announcements on SGXNET if there are any updates to the developments of the two hotels and/or the Group&rsquo s plans.
Apart from this, the Group will continue to look for the right opportunities to diversify its businesses to create revenue streams.

RTO is definitely viable......wait for good news...
lplateinvestor ( Date: 28-Feb-2023 14:45) Posted:
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I hope the plan is really for Adventus to be RTO by a big corporation. Two 5-Star hotels are not small businesses. We will all reap huge profits if it turns out to be RTO.
Volmax ( Date: 28-Feb-2023 13:48) Posted:
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