OCBC Investment Research has initiated a buy call on Hotel Properties Ltd (HPL) and Wheelock Properties Ltd given their key assets in the West Orchard area.
The research house has pegged the fair value for HPL at S$5.32 a share, a 35 per cent discount to its revalued net asset value (RNAV).
The fair value for Wheelock was pegged at S$2.38 a share, 30 per cent discount to its RNAV.
Other potential beneficiaries in West Orchard include Hong Fok and Bonvests, which are trading at 35 to 47 per cent discounts to their RNAV.
Click Here To Register For Free Trial Services
OR
Give A Missed Call : +6531581402
Follow Us On Twitter : www.twitter.com/epicresearchsg
Like Us On Facebook : www.facebook.com/EpicResearchSingapore
Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg 
0 comments:
Post a Comment