According to 30Sep2018's interim accounts, its NAV was HK$16.71/share, which has included the revaluation surplus of the hotel. But the "properties for selling" are only stated at acquisition costs, not updated market values.
I think 088.HK"s NAV must be over HK$20/share, ... of which "bank balances and cash" amounted HK$6.50/share at 30Sep2018.
Billy Sir,
回覆刪除According to 30Sep2018's interim accounts, its NAV was HK$16.71/share, which has included the revaluation surplus of the hotel. But the "properties for selling" are only stated at acquisition costs, not updated market values.
I think 088.HK"s NAV must be over HK$20/share, ... of which "bank balances and cash" amounted HK$6.50/share at 30Sep2018.
^_^
P.S. It shall announce its full year results(y.e.31Mar2019) on 27Jun2019.
刪除P.S. I have 088.HK, ... a little. ^_^
刪除現價好抵，但吾升也無符，我曾被悶走多次。
回覆刪除Billy Sir,
刪除No one (maybe except the major shareholder) can predict when the share price would reflect its true value.
However, it bears dividend yield >4%p.a. which gives me confidence to hold 088.HK in my portfolio.
^_^
Billy兄，因為大昌是以聯營公司持有sheraton 酒店，所以該聯營公司係用權益法入賬（成本+多年損益）所以1.22億唔係巿價
回覆刪除港資向來入賬保守，也不是壞事。
刪除ST，沒有關係的，所有酒店都以固定資產按年折舊入帳。上市公司會以註腳形式， 重列酒店市價。中期報告第19頁有假設其應佔35%酒店物業以市價入帳, 市值應為32.609億港元, 整間公司資產淨值經重估後為103.191億元,或每股HK$16.71, 而實際每股資產淨值應更高。
回覆刪除好超值，這點不用爭疑。
刪除新意網(1686)旗下的數據中心, 亦因為是搵食工具(固定資產),因此相關物業亦是每年按年折舊,目前的帳面值, 同樣是嚴重被低估。
回覆刪除同意。
刪除新意網(1686)旗下的數據中心重估後，每股NAV應有幾多?
刪除