Wow, Regal (code:UV1) is moving!
24 projects with a total gross development value (GDV) of RM 1.70 billion. Estimated net development value from these projects in turn amount to RM254.11m. Adding back Regal’s equity base, RNAV works out to about RM319.60m or S$0.532 per share.
Six projects account for >70% of RNAV. Out of the 24 projects, there are six key projects have a total GDV of RM 1.39 billion, or RM 230.67 m in net development value, after deducting selling expenses and tax.
Current Price S$0.150
Fair Value S$0.350
Upside 150%
P/S: Sharing is caring
http://www.nracapital.com/research/sgxresearchreport/1607zqwqt7
As part of Regal’s strategy to leverage on its local knowledge and network in Sarawak, Regal has been entering into various MOUs with overseas partners such as ONG&ONG Pte Ltd, Kingsmen Exhibits Pte Ltd, SINAD Sports Pte Ltd, XY Hotel Holdings Pt Ltd and Ariva Hospitality Pte Ltd to explore various hospitality and tourism related projects.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Alibabaa > 2016-08-15 13:54 | Report Abuse
Wow, Regal (code:UV1) is moving! 24 projects with a total gross development value (GDV) of RM 1.70 billion. Estimated net development value from these projects in turn amount to RM254.11m. Adding back Regal’s equity base, RNAV works out to about RM319.60m or S$0.532 per share. Six projects account for >70% of RNAV. Out of the 24 projects, there are six key projects have a total GDV of RM 1.39 billion, or RM 230.67 m in net development value, after deducting selling expenses and tax. Current Price S$0.150 Fair Value S$0.350 Upside 150% P/S: Sharing is caring http://www.nracapital.com/research/sgxresearchreport/1607zqwqt7