SHANGRI-LA HOTELS (M) BHD

KLSE (MYR): SHANG (5517)

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Last Price

2.03

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

221 comment(s). Last comment by Activetrader 8 hours ago

monetary

4,337 posts

Posted by monetary > 2023-11-23 11:55 | Report Abuse

I can feel tat this operator is very kind. Can make some money here

monetary

4,337 posts

Posted by monetary > 2023-11-23 12:24 | Report Abuse

May b purposely goreng up share price. Market cap too low. Cannot borrow money for expansion. Hehe....

teknikal

171 posts

Posted by teknikal > 2023-11-23 13:00 | Report Abuse

Short term uptrend with resistance at RM2.64.

monetary

4,337 posts

Posted by monetary > 2023-11-23 16:59 | Report Abuse

Some alrdy have 10 to 12% gain. Still safe. I guess not many will take profit.

dompeilee

11,888 posts

Posted by dompeilee > 2023-11-23 17:01 | Report Abuse

Posted by dompeilee > 1 month ago

Speculatively BOUGHT Shangri-La for the 1st time EVER, betting on a rebound from severely oversold position @ 12-yr lows.



Me = holding till $2.99 ! 🤗[cost= $2.157]

monetary

4,337 posts

Posted by monetary > 2023-11-24 12:58 | Report Abuse

This stock took 9 yrs to drop from 7 to where it is now. Will it take another 9 yrs to get back to 7?

HaiLiDeYu

74 posts

Posted by HaiLiDeYu > 2023-11-27 08:51 | Report Abuse

If it will get to RM7 in 9 years, simple strategy is to add consistently to your position, maybe monthly DCA?

Posted by monetary > 2 days ago | Report Abuse

This stock took 9 yrs to drop from 7 to where it is now. Will it take another 9 yrs to get back to 7?

bose00

1,008 posts

Posted by bose00 > 2 months ago | Report Abuse

no sign of recovery since last high of 2.4x .. the downtrend continues ? (altho QR shows revenue & profit up..)

Posted by happyfish4ver > 2 months ago | Report Abuse

sihat semua? panic sell today?

James_Bond

2,247 posts

Posted by James_Bond > 2 months ago | Report Abuse

Found out that Shangri-La business in Myanmar not performing well, loss making business, will continue to bleed in the next 5 years at least… good luck!

James_Bond

2,247 posts

Posted by James_Bond > 2 months ago | Report Abuse

There is a reason why investors disposing at high… cheers!

James_Bond

2,247 posts

Posted by James_Bond > 2 months ago | Report Abuse

Shangri-la must sell off Myanmar business immediately in order to hv good future prospects without any loss making business to drag the overall profitability of Shangri-La business.

James_Bond

2,247 posts

Posted by James_Bond > 2 months ago | Report Abuse

Watch this before you press the buy button for Shangri-La…

https://www.channelnewsasia.com/asia/united-nations-warns-myanmar-stands-humanitarian-precipice-3997801

James_Bond

2,247 posts

Posted by James_Bond > 2 months ago | Report Abuse

Watch the movie “no more bets” first before you press the buy button!

James_Bond

2,247 posts

Posted by James_Bond > 2 months ago | Report Abuse

Watch this movie too before you press the buy button…

https://m.imdb.com/title/tt28076784/

Posted by happyfish4ver > 2 months ago | Report Abuse

thanks for the info. btw do you have the link to watch online?

James_Bond

2,247 posts

Posted by James_Bond > 2 months ago | Report Abuse

Sorry, this is considered copyright infringement. Please go and support the original content in order to respect the efforts and hardships of the producers and actors. Cheers!

zoizai

1,293 posts

Posted by zoizai > 2 months ago | Report Abuse

Icic. Why only Myanmar hotel is under Shang malaysia but not other oversea Shangrila hotels ?

HaiLiDeYu

74 posts

Posted by HaiLiDeYu > 2 months ago | Report Abuse

The question is not all shang related hotel in malaysia under shang malaysia as well.... trader hotel not under shang malaysia if not mistaken...


zoizai

Icic. Why only Myanmar hotel is under Shang malaysia but not other oversea Shangrila hotels ?

Bull13

976 posts

Posted by Bull13 > 1 month ago | Report Abuse

Hotel play started!!

HaiLiDeYu

74 posts

Posted by HaiLiDeYu > 1 month ago | Report Abuse

start to get busier here... good news or bad news....

bose00

1,008 posts

Posted by bose00 > 1 month ago | Report Abuse

No share price support. Most likely drop until super undervalue below NTA. Then follow by privatisation or absorb by Shang Asia LTD

Posted by cooledhawk123654 > 1 month ago | Report Abuse

what happens to Shang??

4ever5

280 posts

Posted by 4ever5 > 1 month ago | Report Abuse

I am no longer holding Shangri-La. cutloss at $2.48. it was a pain cutloss but manage to recover the lost from another stock.
For your information, people are worry that Q4 to have impairment lost due to asset devaluation on their Myammar business. And one of their big investor,ABRDN resume selling.
If you are still holding, just continue holding, no point to panic sell now.

EDwarrior

136 posts

Posted by EDwarrior > 1 month ago | Report Abuse

ABRDN has ceased a substantial shareholder now. Should be rally soon

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

@EDwarrior
agree.
i guess it will rebound @ 1.80
will start collect around there..

Cheers

lee901

178 posts

Posted by lee901 > 1 month ago | Report Abuse

Mr Yu alr finished selling spree?

INVEST_AA

498 posts

Posted by INVEST_AA > 3 weeks ago | Report Abuse

Also Don’t forget Raya festive season is next..

EDwarrior

136 posts

Posted by EDwarrior > 3 weeks ago | Report Abuse

When will take off? Shangri la look like cheap stock or penny stock lol?

Posted by DividendGuy67 > 2 weeks ago | Report Abuse

On Valentine's Day, I took a trading buy position to buy SHANG at 2.03. Didn't expect it to take off so quickly to close at 2.16. For whatever reason, SHANG is still downtrending, so I won't chase. The only question is should I sell at rally attempts.

My trading position is typically 10-30 times smaller than my dividend investing position, so, I really don't care about the outcome of this trade - no point making a couple hundred bucks. The price action the past 6-7 months seem to indicate more than 50%-55% chance that last month fall is a fake breakdown, typically indicating that we may have seen the bottom. But the trend is unmistakeably downtrending i.e. it's really a coin toss whether this is the bottom or not.

As my trading position is small, I'm going to wait and let market tells me if it's going to make a new low or this is the bottom. A part of me hopes that this rally is a fake one, it makes a new low allowing me to turn my small trading position into an investing position for the next 12-36 months.

I like the SHANG brand name. No exposures to hotels yet. Can be a good diversification to finally own an investing position to utilize 2%-3% of my investing capital.

Posted by happyfish4ver > 2 weeks ago | Report Abuse

HAPSENG 2.0 GOGOGO!

EDwarrior

136 posts

Posted by EDwarrior > 1 week ago | Report Abuse

Guess how well or bad the q4 results?

Posted by happyfish4ver > 1 week ago | Report Abuse

big guys buying 2.2

Posted by happyfish4ver > 1 week ago | Report Abuse

TP 2.80 GOGOGO!

Posted by Fabien _the efficient capital allocator > 1 week ago | Report Abuse

Aberdeen ceased as substantial shareholders. That's good news.

Fundamentally, the worse is over. Their associate in Myanmar book value is about 200mil after years of impairment. Their land in Penang are all valued at decades old valuation. For example, the undeveloped land at Rasa Ria carried at only 21 sen psf. If revalued at 100psf, there are huge revaluation surplus. With the ongoing property boom in Penang, those undeveloped land is a gold mine, including 8 acre plot in prime area of Batu Ferringhi (book value recorded at RM27 psf).

Shang's fame lies it its strong brand luxury hotels and management. Shang KL (662 room, 5 star hotel) with book value per room of only RM288K. This is absurdly low figure compared to other luxury hotels which sold at RM1million per room.

The Penang hotels even more cheap. Rasa Sayang book value per room is RM315k, Golden Sands at only RM123k. Just take the book rate per night as benchmark and work out the market valuation for these hotels.

Shang is deeply undervalued, prime candidate for privatization. Trading at massive discount to its RNAV.

Their occupancy rates have been improving gradually ranging from 61% to 82%. With Q4 holiday season, expect the hotels to do very well. You can check google review to get a sense of their hotel bookings.

Posted by Fabien _the efficient capital allocator > 1 week ago | Report Abuse

At current price, the case of Shang assets (5 hotels and landbanks) are seriously undervalued even taking into account the worst scenario of full write down of its Myanmar associate.

Posted by happyfish4ver > 6 days ago | Report Abuse

Strong 2.2 lets go

Posted by Banana John > 5 days ago | Report Abuse

run!!!!! QR mention loss 10m. good luck.

Posted by Najib Zamry > 5 days ago | Report Abuse

Good operating profit. very strong operating cash inflow that’s why the company can declare 7 sen per share dividend

Alexho

19 posts

Posted by Alexho > 5 days ago | Report Abuse

Been buying last 5 days

hw0706

730 posts

Posted by hw0706 > 5 days ago | Report Abuse

Still loss. Come the red.

EDwarrior

136 posts

Posted by EDwarrior > 4 days ago | Report Abuse

Resume paying dividend. The future perspective of the company maybe brighter

gankm

108 posts

Posted by gankm > 4 days ago | Report Abuse

oversold already. Hope tomorrow will turn green...

Posted by Najib Zamry > 4 days ago | Report Abuse

impairment loss is non cash item. How many has noticed that Shang has positive operating cash flow of RM111 million for last quarter alone? That's why Shang can afford to pay dividend back.

EDwarrior

136 posts

Posted by EDwarrior > 4 days ago | Report Abuse

Ya cashflow keep improving... it is the good sight hahah

EDwarrior

136 posts

Posted by EDwarrior > 4 days ago | Report Abuse

I have already bought it

Posted by Najib Zamry > 3 days ago | Report Abuse

Profit will lie, cash flow wont lie. Tourism industry is the best time to invest now

Alexho

19 posts

Posted by Alexho > 3 days ago | Report Abuse

Cantik
Will see the new shareholders list in the coming report

Posted by Najib Zamry > 22 hours ago | Report Abuse

wow ICAP has buy call with target price RM5.00 in the latest report!!!!!!

Posted by Activetrader > 8 hours ago | Report Abuse

Najib zamry?? Where didn see the buy call report of icap?

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