Wolf Money(Hotel Grand Central)
(Image credit: Hotel Grand Central) The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer . I had the opportunity to buy back the share at a lower price over the past week. Previously, I sold the shares before going for my vacation. Due to liquidity constraints, I couldn’t communicate my position early. The upcoming 1H in Aug should show an improvement in earnings with the rise in AUD vs Singapore. Australian dollar is 9% stronger against the SGD since last year. The Auckland hotel occupancy rate has increased due to the opening of Auckland International Convention Centre. The stock is trading at a 56% discount to NAV. I hope the management will address the undervalued stock price by increasing the dividend payout to improve shareholders’ return in the upcoming 1H 26 results. Kindly note the stock is thinly traded. More details at the end of month update. God Bless. Ple...