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F1 is coming to Singapore
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cashiertan
Elite |
13-May-2007 15:32
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Whether it is NOS or high octane fuel, we need to take a look at the TA before deciding.. it may be just retailer pushing the price up.. |
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iPunter
Supreme |
12-May-2007 21:04
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Especially with Friday night's Hi-Octane Dow performance... It can easily cause a lot of 'Cheong-Ahh!'s to happen... Let's hope so... :) |
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singaporegal
Supreme |
12-May-2007 18:01
Yells: "Female TA nut" |
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Excellent! This will bring more life and $$ to singapore!! |
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derekchong
Veteran |
12-May-2007 11:18
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DMG noted that hotel room rates will double and even triple during the event and Singapore Land which owns 3 hotels along the proposed route expected to benefit.Watchout for px to surge next week not forgetting the mother share UIC. |
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yakuza
Member |
12-May-2007 00:28
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Watchout for Lifebranz to surge next week. |
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A&C2004
Member |
11-May-2007 23:34
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Published April 3, 2007 DMG highlights stocks that may benefit from hosting F1 Hospitality, retail, nightspots, construction sectors will gain By JANICE HENG WHILE speculation continues over Singapore's bid to host a Formula One (F1) motor race, analysts have begun looking at the implications. In a report released yesterday, the stockbroking firm DMG and Partners Securities highlighted stocks in sectors which they think will benefit - hospitality, retail, nightspots, accessories and gifts, construction and logistics, and transport. DMG noted that hotel room rates 'are known to double and even triple in host cities during the event'. One expected beneficiary is Singapore Land, which owns an effective 26.5 per cent in three hotels along the proposed race route: the Pan Pacific, the Oriental Hotel and the Marina Mandarin. Hotel Properties Ltd (HPL) and Overseas Union Enterprise (OUE) can offer lodging along the Orchard Road tourist belt, in the HPL-owned Hilton and Four Seasons hotels, and OUE's Meritus Mandarin. Hotels on the city periphery - such as United Overseas Land's Hotel Plaza and Park Royal Hotel - will also benefit, while Koh Brothers' Changi Hotel and Oxford Hotel will welcome the budget-conscious. Real estate investment trusts (Reits) that could gain include CDL Hospitality Trust, Ascott Residence Trust and Ascott Group. Retail landlords, 'particularly those with turnover rent lease structures', may also gain from higher retail spending, said DMG, which named Suntec Reit, MM Prime Reit and CapitaMall Trust. The expected boost in spending will 'tilt towards the branded retailers', DMG thinks. These include FJ Benjamin, which provides agency services for labels including Gap, Banana Republic, Guess, and La Senza, and also promotes in-house brand Raoul. Robinsons and Isetan are also expected to benefit, while Wing Tai will cater to the Asian crowd with a portfolio that includes Top Shop, Top Man, Dorothy Perkins, G2000, U2, Nike Women and Fox Fashion. FJ Benjamin is also tipped to gain from nightspot patronage, as it holds a 33 per cent stake in St James Power Station. DMG notes that LifeBrandz, which has 11 clubs and bars including the Ministry of Sound, is a 'strong competitor'. Retailers of a more specialised sort are Stamford Tyres and YHI. The motoring aftermarket accessories that they distribute are 'becoming fashion statements', said DMG. Roads on the circuit will require resurfacing and repairs, which may benefit road maintenance company OKP. Aluminium extrusion company AEI Corporation may also get to provide F1-related signage and track railings. On the logistics side, event organiser Cityneon may see increased demand for hospitality tents and other forms of temporary infrastructure. Marketing and communications firm Communication Design International may also gain. While noting that takings for taxi drivers will increase, DMG adds that the spillover effect for fleet owners and operators will be 'limited to the sharing of booking fees'. Singapore Airlines is a clearer winner. 'Improvement in the passenger load factor will flow directly down to SIA's bottom line,' said DMG. Profit aside, a successful F1 race will improve Singapore's international branding, said DMG. Hotelier Ong Beng Seng - whose Hotel Properties Limited announced its non-involvement last Friday - and SUTL Group's managing director Arthur Tay are the two known parties vying for F1 hosting rights. And F1 may not be Singapore's only racing event, if plans to build a permanent race track see fruition. The Ministry of Community Development, Youth and Sports is reportedly considering a permanent track at Changi. 
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ruanlai
Master |
11-May-2007 19:17
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IR related zone will benefit also by F1......esp Sentosa by GIL.......Cheers! |
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zujzuj
Senior |
11-May-2007 18:50
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Hotel properties - run up quite a bit today already.... Next one should be FJ Benjamin - it has retail, clubbing biz... Bullish engulfing today, breaking out of downtrend slope. Looks like a good chart to me. Any views , folks ? |
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mmchiu
Member |
11-May-2007 18:36
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It confirmed that F1 will be coming to Singapore in 2008. It definitely will bloom the Singapore economic and push ST index to another level. Let's discuss which stock will be the direct or indirect winner because of F1. Appreciated for any opinions input and hope every Share Junction user will also be the F1 winner from Singapore Stock Martket. |
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