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Global Premium Hotels - GPH - (SGX Code: P9J)
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sanuks
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29-Jun-2012 15:30
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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dead man walking.... inching up to .255 Cents. | ||
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sanuks
Veteran |
28-Jun-2012 23:06
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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James Koh Wee Meng - happy face .... Photo from AsiaOne   |
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sanuks
Veteran |
28-Jun-2012 23:02
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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Fragrance Hotels major competitor, Hotel 81. Hotel mogul Choo Chong Ngen with his daughter Carolyn. Mr Choo, the owner of Hotel 81, has donated $2 million to found a new educational bursary for students at the Nanyang Technological University (NTU). -- PHOTO: COURTESY OF CHOO CHONG NGEN (Straits Times)   |
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sanuks
Veteran |
27-Jun-2012 12:14
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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For no reasons, this counter spike up from IPO low ...... speculators at play? or BB at play?  | ||
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sanuks
Veteran |
19-Jun-2012 10:59
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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Tourism in Singapore, a S$22 billion business, serviced by many SGX stocks In the latest ‘Recent Economic Developments in Singapore’ by the Monetary Authority of Singapore,tourism-related services in Q1 2012 were observed to grow strongly with tourist arrivals reaching 3.6 million and hotel occupancy rates at a seasonally adjusted, 20 year high, of 88.5%. The full economic report can be accessed here . The Q1 2012 performance follows on from a record 13.6 million tourist arrivals in Singapore over the 2011 year and a hotel occupancy rate of 86.5%. Singapore investors who seek to determine the degree that stocks that have businesses aligned with tourism may: (1) Follow publications from the Singapore Tourism Board (STB) (2) Apply the Industrial Classification Benchmark (ICB) and (3) Seek assistance from their financial adviser and brokers: STB - Not only does the STB website note some of the exciting events ahead for the City State, performance and receipt reports for the sector are regularly published. In March, STB forecast ‘S$23 to S$24 billion in tourism receipts and 13.5 to 14.5 million visitor arrivals for 2012’. In 2011, tourism receipts amounted to S$22.3 billion. Contributions came from shopping (20%), accommodation (20%), food & beverage (10%), sightseeing, entertainment & gaming (24%) and other components (26%), such as airfares, port taxes and local transportation. Real Estate Investment Trusts listed on Singapore Exchange (SGX) that invest in Singapore shopping malls were discussed in a market update in May which can be found directly here . Other vendors of receipt revenue generally fall within the consumer services segment of the stock market. As of market open this morning, the FTSE ST REIT Index was up 12.8% in the year-to-date and the FTSE ST Consumer Services Index was down 0.6% in the year-to-date. |
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sanuks
Veteran |
08-Jun-2012 15:58
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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This counter falls slow and steady.  | ||
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sanuks
Veteran |
08-Jun-2012 14:04
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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Understand your rational.Best is to invest in both counters. Correct me if i am wrong. Fragrance Group - Residential and Industrial Developer (Cyclical) - I thought property developer industry is to slow down soon? Global Premium Hotels - Love Hotel.(Defensive) - Regardless of economy cycle, people like Former Singapore Civil Defence Force chief Peter Lim Sin Pang will look for place to settle his needs. ha ha ha Fragrance Group outstanding shares is 3.36 Billions now. Isnt that a little too high? If its share risen to 1.00 SGD. The founder wealth will double from where he is now. Great way to grow wealth.
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starlene
Elite |
08-Jun-2012 13:37
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Better to buy the mother Fragrance ex dividend 4 June still at 45cts and with1 for 1 bonus waiting for shareholders approval as SGX already appioved liao..when cum bonus likley to be 70cts again...as based on current price 45cts unlilley after ex Frgarnce shares at 22.5cts9half of 45cts) which is lower than GPH... | ||
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sanuks
Veteran |
08-Jun-2012 13:18
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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  Company: Global Premium Hotels (www.gphl.com.sg)   Announcement: 07-Jun-2012 20:59:26    Announcement Title: Utilisation of Company’s Initial Public Offering (“IPO”) proceeds    Global  Premium  Hotels  Limited  (“the Company”)  wishes  to  announce  that  of  the  net  proceeds  of S$125.3 million raised from the IPO (the “Proceeds”), an amount of S$10.0 million has been utilised as  partial  purchase  consideration  to  fund  the  proposed  acquisition  of  the  entire  issued  and  paid-up share  capital  of  Fragrance  Heritage  Pte.  Ltd.  (“FHPL”)  from  Fragrance  Group  Limited  (“FGL”) pursuant  to  a  Share  Transfer  Agreement  dated  24  May  2012  (the  “Share  Transfer  Agreement”). FHPL is a special purpose vehicle whose sole assets comprise the development site known as Lots 269A  and  280C  Town  Subdivision  17  at  165  &   167  Tyrwhitt  Road  Singapore  (the  “Property”)  and bank  deposits.  The  completion  of  the  Share  Transfer  Agreement  (the  “Completion”)  is  conditional upon, inter  alia,  the  approval  from  shareholders  of  the  Company  and  FGL  (where  necessary),  the payment of outstanding loans owed by FHPL to FGL and the grant of written permission by the Urban Redevelopment Authority to use the Property for hotel development (the “Conditions”). In the event that  the  Conditions  are  not  fulfilled  and/or  the  Completion  does  not  take  place,  the  amount  of  $10.0 million shall be repaid by FGL to the Company.   |
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sanuks
Veteran |
07-Jun-2012 15:32
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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This counter finally trading at .245 CENTS. |
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sanuks
Veteran |
25-May-2012 10:40
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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GP Hotels Announcement -  25-May-2012 03:54:53 - Proposed acquisition of the entire issued and paid-up share capital of Fragrance Heritage Pte Ltd. - RATIONALE FOR THE ACQUISITION - The Directors are of the view that the Acquisition is in the best interests of the Company and its shareholders as:   - (a)  the  Acquisition  will provide the Group  with  a prime site for the expansion of its  hotel business and  - (b)  the  Property  has  been  assessed  by  the  Valuers  as  having  a  Gross  Development Value  of  approximately  S$150,000,000,  which  is  attractive  in  the  context  of  the purchase consideration.   - END - |
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sanuks
Veteran |
22-May-2012 16:57
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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Looks like this counter is going to fall below .255 CENTS.   | ||
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sanuks
Veteran |
21-May-2012 21:23
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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GLOBAL PREMIUM HOTELS IPO: Insights into room pricing - http://nextinsight.net/index.php/story-archive-mainmenu-60/916-2012/5172-global-premium-hotels-budget-hotel-scores-with-visitors-from-rapidly-developing-nations |
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sanuks
Veteran |
21-May-2012 21:21
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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NextInsight - Lots of insights from Q& A session - http://www.nextinsight.net/index.php/story-archive-mainmenu-60/916-2012/5272-global-premium-hotels- |
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sanuks
Veteran |
21-May-2012 21:11
Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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New Website - http://www.gphl.com.sg/ | ||
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