Banyan Tree Holdings

[ngcheeki]

DBS Vicker coverage this morning on Banyan Tree.

Banyan Tree Holdings reported a strong set of 1Q13
results, with earnings rising 19% to S$14m. Outlook for
hotels and property sales continue on an upward
momentum. Forward bookings for hotels improving while
new property launches in Phuket are selling like hot
cakes. Given its asset heavy balance sheet, we believe that
setting up a REIT (probably from its Thailand properties,
coupled with properties from its Indochina and China
Funds) can result in the group crystalizing significant value
in its balance sheet. Maintain BUY and TP S$0.83.

There is a Thai investment properties sale by Banyan Tree Holdings on Laguna Shores at the Fairmont Hotel in Singapore on the weekend of 18-19 May 2013.

http://www.knightfrank.com.sg/en/residen...una-shores

Vested.

There is a article on Banyan Tree on the latest issue of The Edge.

I like the asset-light strategy of the company, will put it under watch-list

(not vested)

Thank for your information, bro I did read the article and did some research on the company before I put in some money.

Attached is the report from DBS Vickers.

vested