12 Dec 2019
(Stocks Discussion) SGX: Hotel Royal Ltd (SGX: H12)?
Discuss anything about share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell this stock on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment!
Hotel Royal owns a total of 4 hotels - 2 in Singapore, and 1 each in Kuala Lumpur and Penang. they are of 4 star hotel rating and sits on freehold land (including Singapore)Its flagship hotel is the one at Novena which is rather old looking but sits on extremely valuable freehold land.
Until its sells or re develops its freehold Novena land, shareholders value wont be unlocked in my opnion
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