Singapore Stock Market News

OUE Hospitality Trust - Post-results feedback

StockFanatic
Publish date: Wed, 05 Nov 2014, 10:57 PM
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The key issues discussed during the investor luncheon we hosted recently include:
1) higher room rates for renovated rooms,

2) improvement in the Indonesian business at Mandarin Orchard Singapore (MOS) post election,

3)future rental reversion at MG, which is expected to track inflation, and

4) more rooms for inorganic growth. Given further room to grow both organically and inorganically, we have maintained our Add rating with unchanged target price of S$0.96.
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