Magnificent Estates 0201

Magnificent Estates 0201

Postby persistentone » Thu Jun 11, 2015 10:02 am

Does anyone know anything about this owner and operator of hotel properties? They appear to have an unchallenging valuation against book value, and book is recorded at older prices. Since the market doesn't usually give anything away for free, that makes me wonder if they have transparency or reputational problems.

The stock also has a complex ownership structure, with two different parent companies owning parts of 201.

Does anyone have a stock analysis article, or analyst report, that they can share?
persistentone
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Re: Magnificent Estates 0201

Postby investar » Sat Jun 13, 2015 6:50 pm

Reuters Knowledge shows only one analyst is following this co: Donald Cheng at Haitong International.

There are 4 reports on the co (by Daiwa Capital and 3V Capital, dated 2011 and 2012 so probably not really helpful today). If still interested, let me know your email address and i will send you the pdfs.

I never heard of this co... http://www.magnificentestatesltd.com/press_release.html
4 Best Western hotels, 2 Ramadas

Lots of very recent news concerning the Group Re-organisation; meeting was held yesterday and the vote result: 78% was FOR the new deal
http://pdf.reuters.com/HKSNews/HKSNews. ... nHKS8S5vPm

Shun ho has 71% of the co
Yes there are no free lunches...
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