July 20: Hiap Hoe closed at 53.5 cents. Is this a good level to enter?
The RNAV is more than S$1.00. Unfortunately, no analyst writes about it and promotes it.
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[sana 01-05-2012]:
Hiap Hoe closed at 49.5 cents. It won't stay this cheap tomorrow.
this is like Roxy-Pacific. Only key diff is Hiap Hoe ain't got any operating hotels right now... In a few months' time, 1st hotel will open. Early next yr, another hotel.
Both in Balestier but will enjoy good ROI becos of the strong growth in tourist arrivals. Hiap Hoe, I agree, is a grossly undervalued stock. RNAV is aorund $1.20 but the stock is 54 cents. Wait for some catalyst -- probably the hotel openings.
I have been waiting for the 2Q results. Beautiful -- look at it $16.7 million net profit, making it $30.7 million for 1H.
Surprise dividend -- small but meaningful. Last year didn't have.
I am thankful to Hiap Hoe Management.
0.5 cent a share.
Hopefully, final dividend will be swee swee...
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[sana 01-05-2012]:
Hiap Hoe closed at 49.5 cents. It won't stay this cheap tomorrow.
For Fy2011, the final dividend was 0.25 cents. There was an interim div of 0.25 cent a share too.
Total = 0.5 cent.
Now, interim already is 0.5 cent. Final dividend hopefully will be at least 0.5 cent, if not 1 cent.
At least the mgt listened to some shareholders who kao peh kao boh at AGM. [url=http://www.nextinsight.net
/story-archive-mainmenu-60/916-2012/5215-hiap-hoe-]@ HIAP HOE AGM: 'Please give more dividend with hotel recurring income'[/url]