Amara   

Amara

1q.result should be very good because.of.citylife@tampines

jamesng      ( Date: 16-Apr-2016 12:27) Posted: Can buy this counter, high RNAV and pay dividend regularly. But hard to buy and sell....... ANyone following...............

 

Can buy this counter, high RNAV and pay dividend regularly. But hard to buy and sell.......

ANyone following...............

 

is this worth to buy this counter?

 

This counter is so dead le

 

Year end, when amara shanghai open, it will be very positive for the share price.........disneyland shanghai should be opening soon too.......

 

Ah Gong counter, don' t put too much on them otherwise will disappoint you more ....

 

probably they are going to package their assets into REIT ....

lingua101      ( Date: 15-Apr-2015 17:48) Posted: Any idea why this counter seems moving up? Dividend drop to 0.002 from 0.01.

 

Any idea why this counter seems moving up?

Dividend drop to 0.002 from 0.01.

 

Amara Bangkok opened....Amara Shanghai will be opened end of this year. Shanghai one is a much bigger project.....Amara should do well in a year time

 

RNAV should be much higher than reported NAV in report. PE looks good.....

Waiting for catalysts   to happen and the price should shoot up

 

Result out 7/8/2014,,,anyone here buying to keep? Good or not result?

 

Any one know why suddendly this counter move up?  closing at 60.5 today

 

Amara Holdings-Rebound at key support suggests further recovery

By Philip Teo  (OCBC) Rebound at key support suggests further recovery Immediate hurdles crossed.  Amara Holdings could see more upside ahead after rebounding at its key 2-year uptrend support recently this was followed by a bullish break above the $0.55 and 3-month downtrend resistance on heavy volume yesterday.  Indicator turning bullish.  The MACD has just initiated a sharp bullish crossover, suggesting that the downside momentum has waned. Next resistance at $0.65.  The counter is likely to head towards the $0.65 next key obstacle (key peak) in the weeks ahead. Immediate support at $0.55.  Meanwhile, we advocate a stop-loss exit around $0.53, which is slightly below the newly established resistance-turned-support at $0.55.

 

13 April this year, the company through its subsidiaries Amara Hospitality Capital and Youth Force Hotel and Youth Force Construction signed a memorandum of understanding to expand their business in Asia as one of the plan, the company will develop in Burma hotels and other real estate projects. The first project for the development and operation of a joint venture located in the town of Dagon Yangon hotel, worth about US $ 50m. Companies are seeking to enter this emerging market in Myanmar, which has more than 60m people, are also increasingly thriving tourism industry. 13 February this year, as the major economies uncertainties, the company expects that it will continue to face challenges, but Singapore hotel industry outlook remains optimistic, because many attractions such as the Maritime Museum, River Safari and Marine Life Park opening in succession, coupled with an increase in visitors from Asia.

1Q13 revenue increased 51.8%, due to increased sales and the development of industry 100 AM shopping mall to generate rental income. Profit thus rose 1.5 times to approximately $ 5m. 

Original source (sharesinv.com)

june_snowy      ( Date: 17-Apr-2013 01:33) Posted: Yes, price has cleared 0.61 finally. Chart looks good to me. Will be holding for mid term play. New123      ( Date: 04-Apr-2013 21:49) Posted: yup! think can try yr luck on this one. breaking high again. if can clear 61 cents then 70 cents may be the next TP

 

Yes, price has cleared 0.61 finally. Chart looks good to me. Will be holding for mid term play.

New123      ( Date: 04-Apr-2013 21:49) Posted: yup! think can try yr luck on this one. breaking high again. if can clear 61 cents then 70 cents may be the next TP. KepoChicken      ( Date: 04-Apr-2013 20:41) Posted: I think will be another ISDN tomorrow.

 

Even without Myanmar,it is still very good investment for mid to long term..PE only 11..PB 1.15..very undervalued ratios as compared to other Myanmar shares like We Holdings,Ntegrator,Magnus,Yoma..

 

yup! think can try yr luck on this one. breaking high again. if can clear 61 cents then 70 cents may be the next TP.

KepoChicken      ( Date: 04-Apr-2013 20:41) Posted: I think will be another ISDN tomorrow.

 

I think will be another ISDN tomorrow.

 

Amara entering into Myanmar hotel & real estate projects

 

  http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/B8CD4154A64620EC48257B43000DF5F7?opendocument

 

MEMORANDUM OF UNDERSTANDING FOR HOTEL AND REAL ESTATE DEVELOPMENT 

PROJECTS IN MYANMAR 

____________________________________________________________________________________________ 

The Board of Directors of Amara Holdings Limited (the “Company”) wishes to announce that the Group has 

entered into a Memorandum of Understanding (“MOU”) to develop hotels and engage in other real estate projects 

in Myanmar, through the Company’s wholly-owned subsidiary, Amara Hospitality Capital Pte. Ltd. (“AHCPL”).  

MOU 

The counterparties of the MOU are Youth Force Hotel Co. Ltd. and Youth Force Construction Co. Ltd (collectively, 

“YF”), companies unrelated to the Group and incorporated in the Republic of the Union of Myanmar. 

The first project that AHCPL and YF will collaborate under the MOU involves establishing a Joint Venture (“JV”) 

to develop and operate a hotel located in Dagon Township, Yangon, Myanmar. The proposed total investment is 

estimated to be about US$50 million. 

The MOU is not a commitment to invest by the Group and the terms of the JV agreement to be entered into are 

subject to further discussions and negotiations between both parties. 

Besides the JV, the Group will explore opportunities in the fast growing real estate sector in Myanmar with YF.  

 

 

Anyone knows why the recent price jump for this fiscally prudent firm?