Banyan Tree – collaborations with AccorHotels and Vanke may spark re-rating (17 Apr 17)

Banyan Tree recently clinched two noteworthy strategic partnership with AccorHotels and Vanke on 8 Dec 2016 and 23 Jan 2017 respectively. Since 23 Jan 2017, Banyan has largely traded between $0.465 – 0.530. It closed at $0.510 on 17 Apr 2017. If a company can catch the eyes of China’s largest property player Vanke and Europe’s largest hotel group / the world’s fifth largest hotel group AccorHotels, there must be some merit to it. I have managed to fix an exclusive 1-1 meeting with Mr Eddy See, Group MD and Mr Clement Ong, Head of Strategic Planning & Investment (“Management”) […]

6 concerns investors have with Midas (7 Apr 17)

Midas has slumped 14% post a 76% growth in its FY16 results. It closed at $0.225 on 7 Apr 2017 which was near the all-time closing low of $0.210. Some of my high net worth clients have told me their concerns on Midas. I have since met Mr Patrick Chew, CEO of Midas and Mr Liaw Kok Feng, CFO Midas for a 1-1 discussion. Here are my key takeaways.   Key takeaways from my concerns posed to the management Concern 1: Orders momentum have slowed for its aluminium extrusion segment According to management, they remain positive for their aluminium extrusion […]