Friday, 10 May 2013

S-T Portfolio Update

Next Dpu would be 1.38 cents on 14Jun .  Vested as seen potential growth in this stock with upcoming downtown line which projected to be completed in  2017 , which would benefit the amenities around it . 

Downtrend would be pandemic disease (Such as H7N9 , Sars etc ) that will hit hard on the Hospitality Business and competiton from the same trade .  

 There are upgrades plans for Albert Court Village Hotel and Regency House .

Changi Village Hotel, which is experiencing weakness from new competition in the vicinity, is undergoing soft refurbishment though . 

FEHT is expected to complete the acquisition of Grand Hotel Rendezvous by Aug 2013.

Properties Under  FEHT  : 

Ps : "of course FEHT is under the arm of powerhouse , Far East Organization , Largest Private Property Developer which was founded by late Mr Ng Teng Fong ".Another  "Bias" reason would be my favourite area , Hougang which is part of it . "