Fragrance Group Limited *Official* (SGX: F31)

[MisterLim001]

Hi Forumers,

do you think Fragance Hotel stock is worth buying?
Is it short. mid or long term investment?

 

[addict951]

not worth buying
stock oversplit till yield super low now

 

[MisterLim001]

not worth buying
stock oversplit till yield super low now

Hi, sorry i am quite new to stocks. Yield low means dividends no good?
can explain further?

 

[chensing]

Hi, sorry i am quite new to stocks. Yield low means dividends no good?
can explain further?

Fragrance was once my favourite counter..give so many rounds of 1 to 1 bonus almost every year..too many scrips..it has shares more than Capitalland and Keppel Corp combined..so how to move up..only its billionaire director is buying to support his shares..if u one u shd buy Hotel Grand Central..once its 2 new hotels are up infront of Istana at Orchard eeasily >$1.50...5% dividend every year and at AGM the directors will continue to honour such dividends..besides can opt for share scripts instead of cash dividends..park my cpf money there from 50,000 shares,over the years it has grown to >80,000 shares as I did not want the cash dividends but opt for share scripts

 

[princessreiko]

Fragrance was once my favourite counter..give so many rounds of 1 to 1 bonus almost every year..too many scrips..it has shares more than Capitalland and Keppel Corp combined..so how to move up..only its billionaire director is buying to support his shares..if u one u shd buy Hotel Grand Central..once its 2 new hotels are up infront of Istana at Orchard eeasily >$1.50...5% dividend every year and at AGM the directors will continue to honour such dividends..besides can opt for share scripts instead of cash dividends..park my cpf money there from 50,000 shares,over the years it has grown to >80,000 shares as I did not want the cash dividends but opt for share scripts

Hi, I understand that HoGCen dividend yield is about 4+% pa.
May I know what makes you prefer this instead of a hotel reit eg Ascott Reit which has a dividend yield of about 6 % pa?

Is it because you forsee that HOGCen stock price will increase?
TIA.

 

[Garlic & Butter]

Fragrance towkay now owns about 84%, following a 2,000,000 share purchase last week!

 

[chensing]

Fragrance towkay now owns about 84%, following a 2,000,000 share purchase last week!

Mr Koh Wee Seng has also been buying his Aspial,,,,,since last year,the most recent being may 15 ,3mil Aspial .what U think Aspial or Fragrance,which still has better upside

 

[Garlic & Butter]

u hoping for a privatisation?
personally i dunno whats the motive for buying more of his own company's shares

I dont follow or own these 2 stocks, and have no intention of buying, so cant really comment

 

[blackvice]

sorry to hijack ts thread ...how about maxi-cash ? Any views for long term investment ?

 

[Garlic & Butter]

sorry to hijack ts thread ...how about maxi-cash ? Any views for long term investment ?

their business went up after the casinos opened.
wait for economy to crash or recession, I bet they will have brisk business
what i dont like is their high class shops and expensive marketing. seems to be piling high up on the costs?

i dun really know the model of the pawn broking business, let the lau jiaos advice

 

[blackvice]

their business went up after the casinos opened.
wait for economy to crash or recession, I bet they will have brisk business
what i dont like is their high class shops and expensive marketing. seems to be piling high up on the costs?

i dun really know the model of the pawn broking business, let the lau jiaos advice

yup... do agree on the part that economy crash ...but the p/l after tax wasn't far off compared 4,734 yr 09 to 4,217 yr 12. Any lau jiaos views ?

 

[Konnichiwa]

their business went up after the casinos opened.
wait for economy to crash or recession, I bet they will have brisk business
what i dont like is their high class shops and expensive marketing. seems to be piling high up on the costs?

i dun really know the model of the pawn broking business, let the lau jiaos advice

I waited recession for one year already... still havent come...

 

[ralliart_ray]

I waited recession for one year already... still havent come...

recess time dont come that fast.

 

[chensing]

Hi, I understand that HoGCen dividend yield is about 4+% pa.
May I know what makes you prefer this instead of a hotel reit eg Ascott Reit which has a dividend yield of about 6 % pa?

Is it because you forsee that HOGCen stock price will increase?
TIA.

HOGCen is family owned and tightly controlled unlikley to drop much..i hold this counter in my cpf..better tan earn 2.5% ..yes the yield is about 4.7% eg at today price (50/1060)x100%=4.7% exclude brokerages and when completion of 2 brand new hotels(replaced the torn down one opposite Isatna),I believe the share price will head higher..Chairman has cfirmed that 5% dividend will continue to be upheld this financial year 31/12/2013

 

[nauhchop]

u hoping for a privatisation?
personally i dunno whats the motive for buying more of his own company's shares

I dont follow or own these 2 stocks, and have no intention of buying, so cant really comment

If we are talking about movement in the share price of this counter, I do not monitor much. But if we are talking about fragrance in real life, their property development is going to rake them more big money.

They are aggressive in land bidding, aggressive in marketing, and not to forget they may soon become one of the bigger boys in the industry.

 

[chensing]

Hope u did not buy Fragarnce,dropped to 21.5cts too many rounds of bonus..unless the boss take co private...

Hotel Grand Central Limited through its wholly owned subsidiary, Hotel Grand Chancellor (Cairns) Pty Ltd has entered into an agreement on 3 October 2013 with third parties to acquire the Novotel Palm Cove Resort and its business for A$10 million. The purchase consists of approximately 36,461 square metres of freehold land contained within Lots 7, 10 and 11 on SP 189716 together with all building and improvements and the Plant & Machinery used at the building. The Novotel Palm Cove Resort is a 4 star resort hotel and conference centre located at Coral Coast Drive, Palm Cove, Queensland, Australia...
http://www.btinvest.com.sg/markets/n...source=si_news

Two new and separate 10-storey hotels of 264 and 488 rooms at the adjoining freehold and leasehold land areas of 1239sq m and 2805 sq m with target openings slated in Oct 2014..at the last AGM directors are of view can open for business earlier may be first quarter in 2014.NTA $1.53 in 2012 verses $1.31 in 2011.Currently share price about $1.06,wonder why H Grand central always much lower than Hotel Royal (share price about > $3) although profit wise and operations also in Orchard Rd but H Grand Central is just in front of Istana and has operations in Malaysia,Australia and New Zealand

 

[MisterLim001]

I never buy fragrance hotel stock, so the market outlook for fragrance is no good?

 

[Jupiter2017]

http://www.businesstimes.com.sg/companies-markets/fragrance-groups-q3-profit-up-35-y-o-y
Thu, Nov 09, 2017 - 5:54 PM
Fragrance Group's Q3 profit up 35% y-o-y

REAL estate company Fragrance Group reported a 35 per cent year-on-year jump in its net profit for its fiscal third quarter.
Net profit attributable to shareholders climbed to S$4.2 million for the quarter ended Sept 30 from S$3.1 million the year before.
Turnover was up 70 per cent to $56 million in Q3 FY17, from $33 million in Q3 FY16. Fragrance Group said that this was thanks mainly to the contribution from its property development and hotel segments.
Its property development segment saw substantial revenue contribution from its City Gate project, a mixed development at Beach Road, for which construction had begun in the second quarter of 2016. The group's hotels - ibis Styles Hobart in Australia, and hotels in United Kingdom such as the Lyndene Hotel, The Townhouse Hotel, The Crown Hotel and The Imperial Hotel - added to the group's turnover in the quarter just ended.
Fragrance Group's earnings per share were 0.06 Singapore cent, up from 0.05 Singapore cent the year before.
The group was positive in its outlook, saying that it had remained resilient to the challenges in the Singapore market in recent years and has sold almost all of its residential properties in the country. "With the timely diversification of operations into Australia and the UK, the group has laid a good foundation for sustainable growth in future years," it said.

 

[sgdividends]

Fragrance F31.SI ...any discussion?

Hi all,

Anyone have any discussion on fragrance ? Can't seem to find much on internet , lack of analyst report and bloggers .

Recently they issued a 100 million sgd 4 year bond with their family taking up about 43% of it.
Their founder koh has been buying loads of shares up this year .

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...up-price-separate-singapore-dollar-bond-deals
Barclays, Fragrance Group price separate Singapore-dollar bond deals
Fri, Nov 17, 2017 - 10:17 AM Andrea Soh sandrea@sph.com.sg

TWO Singapore-dollar bond deals worth S$300 million were priced on Friday.
Barclays has issued S$200 million in Tier 2 subordinated callable notes due in May 2030.
These bonds have a coupon rate of 3.75 per cent until the call date of May 23, 2025, following which it resets at the prevailing five-year Singapore-dollar swap rate plus the initial re-offer spread.
They are expected to have an issue rating of Baa3 (negative) by Moody's and A- (stable) by Fitch Ratings.
Barclays is the global coordinator for these notes. The bookrunners are Barclays, DBS Bank Ltd, OCBC Bank, Standard Chartered Bank and UOB.

Separately, Fragrance Group has issued S$100 million in senior unsecured notes as part of its S$1 billion debt issuance programme.
The bonds, which will be due in Nov 23, 2021, has a coupon of 4.75 per cent, or 296.9 basis points above the four-year Swap Offer Rate (SOR).
DBS was the sole lead manager and bookrunner.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=F31.SI