Latest news with #HotelProperties
Yahoo
19-05-2025
- Business
- Yahoo
Despite the downward trend in earnings at Hotel Properties (SGX:H15) the stock pops 20%, bringing five-year gains to 68%
Stock pickers are generally looking for stocks that will outperform the broader market. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, long term Hotel Properties Limited (SGX:H15) shareholders have enjoyed a 53% share price rise over the last half decade, well in excess of the market return of around 23% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 24% in the last year, including dividends. After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals. We've discovered 4 warning signs about Hotel Properties. View them for free. While Hotel Properties made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. Generally speaking, we'd consider a stock like this alongside loss-making companies, simply because the quantum of the profit is so low. It would be hard to believe in a more profitable future without growing revenues. For the last half decade, Hotel Properties can boast revenue growth at a rate of 15% per year. That's a fairly respectable growth rate. While the share price has beat the market, compounding at 9% yearly, over five years, there's certainly some potential that the market hasn't fully considered the growth track record. The key question is whether revenue growth will slow down, and if so, how quickly. There's no doubt that it can be difficult to value pre-profit companies. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). We know that Hotel Properties has improved its bottom line over the last three years, but what does the future have in store? You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Hotel Properties the TSR over the last 5 years was 68%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. It's good to see that Hotel Properties has rewarded shareholders with a total shareholder return of 24% in the last twelve months. That's including the dividend. That's better than the annualised return of 11% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Even so, be aware that Hotel Properties is showing 4 warning signs in our investment analysis , and 1 of those shouldn't be ignored... Of course Hotel Properties may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
19-05-2025
- Business
- Yahoo
Despite the downward trend in earnings at Hotel Properties (SGX:H15) the stock pops 20%, bringing five-year gains to 68%
Stock pickers are generally looking for stocks that will outperform the broader market. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, long term Hotel Properties Limited (SGX:H15) shareholders have enjoyed a 53% share price rise over the last half decade, well in excess of the market return of around 23% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 24% in the last year, including dividends. After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals. We've discovered 4 warning signs about Hotel Properties. View them for free. While Hotel Properties made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. Generally speaking, we'd consider a stock like this alongside loss-making companies, simply because the quantum of the profit is so low. It would be hard to believe in a more profitable future without growing revenues. For the last half decade, Hotel Properties can boast revenue growth at a rate of 15% per year. That's a fairly respectable growth rate. While the share price has beat the market, compounding at 9% yearly, over five years, there's certainly some potential that the market hasn't fully considered the growth track record. The key question is whether revenue growth will slow down, and if so, how quickly. There's no doubt that it can be difficult to value pre-profit companies. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). We know that Hotel Properties has improved its bottom line over the last three years, but what does the future have in store? You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Hotel Properties the TSR over the last 5 years was 68%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. It's good to see that Hotel Properties has rewarded shareholders with a total shareholder return of 24% in the last twelve months. That's including the dividend. That's better than the annualised return of 11% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Even so, be aware that Hotel Properties is showing 4 warning signs in our investment analysis , and 1 of those shouldn't be ignored... Of course Hotel Properties may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Reuters
14-04-2025
- Automotive
- Reuters
Hotel Properties jumps after billionaire founder steps down amid scandal
April 14 (Reuters) - Shares of Singapore-listed Hotel Properties ( opens new tab touched a one-week high on Monday after its billionaire founder embroiled in a scandal involving a former transport minister stepped down as the firm's managing director. Ong Beng Seng, the septuagenarian founder and rights holder to the Singapore Grand Prix Formula One race, is accused of giving high-value gifts to disgraced ex-transport minister S. Iswaran, who late last year became the first former cabinet minister to be given a prison sentence in Singapore. Ong, a Malaysian citizen based in Singapore, "wishes to devote more time to manage his medical conditions" and would not stand for re-election at the annual general meeting later this month, Hotel Properties said in an exchange filing. The company said, opens new tab in February that its managing director planned to admit guilt and accept responsibility for one of the charges filed against him. Shares of the hotelier and investment holding firm jumped 3.5% to S$3.550, as of 0747 GMT, after earlier soaring as much as 4.7% to record its highest level since April 3.
South China Morning Post
14-04-2025
- Business
- South China Morning Post
Ong Beng Seng to step down from Singapore property firm amid Iswaran scandal
Ong Beng Seng, the billionaire set to plead guilty for his role in a Singapore corruption scandal, will step down as the managing director of the property firm he founded more than four decades ago. Advertisement Singapore-listed Hotel Properties Limited said Ong 'wishes to devote more time to manage his medical conditions', according to an exchange filing on Monday. He will also not put himself up for re-election as a board director at the firm's annual general meeting on April 29. Shares of Hotel Properties rose as much as 4.7 per cent in Singapore trading on Monday amid a broader market upswing, the biggest intraday gain in more than a month. The illuminated circuit for the Formula One Singapore Grand Prix night race is seen in 2017. Ong Beng Seng has been credited with bringing Formula One to Singapore. Photo: AFP The departure is a major transition for the company that has interests in hotels and other developments spanning the globe from London to the Maldives, with little indication so far as to who will succeed him. Ong began Hotel Properties in 1980 and has been a director at the firm since then. During his tenure, the Malaysian tycoon established himself as a high profile and at times controversial public figure in Singapore. His children do not sit on the firm's board. His brother-in-law David Fu Kuo Chen is a director. The 79-year-old has been credited with bringing the Formula One night race to the city state and won the rights to the Singapore Grand Prix. But his penchant for wooing the elite has backfired in the past. In 1996, Hotel Properties was plunged into controversy after offering discounts to two of the country's top political figures, then-deputy prime minister, Lee Hsien Loong , and his father, Lee Kuan Yew , for luxury apartments in the exclusive Nassim Road enclave. Both former long-time prime ministers were later cleared of any impropriety, and neither Ong nor his company were found to have breached any laws or rules. Ong Beng Seng (second from left) pictured with former government minister S. Iswaran (second from right) in May 2007. Photo: EPA-EFE
Forbes
14-04-2025
- Business
- Forbes
Tycoon Ong Beng Seng To Step Down As Managing Director Of Singapore's Hotel Properties
Tycoon Ong Beng Seng—who is embroiled in a court case related to the corruption scandal of a former Singapore minister—is stepping down as managing director of Hotel Properties. Ong, 79, is scheduled to plead guilty next week to charges related to the offences of former transport minister S. Iswaran, who was convicted in October of breaking the law for receiving gifts from the businessman. Hotel Properties said early Monday that Ong 'wishes to devote more time to manage his medical conditions.' He will not be seeking re-election as board director at the upcoming shareholders' meeting on April 29, according to a regulatory filing. The company's shares rose 4.7% in midmorning trading in Singapore. In October, prosecutors charged Ong for abetting ex-transport minister S. Iswaran over two flights, a night's stay at the Four Seasons hotel in Doha, along with Formula-1 tickets. Ong—whose company Singapore GP is the organizer of the Formula 1 night race in Singapore—is out on bail. Besides grappling with the court case, Ong is also currently battling a rare type of bone marrow cancer. Ong and wife Christina are the controlling shareholders of Hotel Properties, which has a portfolio of 38 hotels in 17 countries, including the Four Seasons in Singapore. The couple also has interests in London-listed handbag maker Mulberry. They are among the wealthiest in the city-state with a combined net worth of $1.7 billion, according to the list of Singapore's 50 richest published by Forbes in September. Malaysia-born Ong is among the prominent deal makers in the city-state. In November, a unit of Hotel Properties bought out the rest of Concorde Hotel in Singapore's main shopping strip. Earlier this year, another subsidiary divested their shares in shopping mall operator Paragon REIT for an undisclosed amount so that the group can focus on redeveloping three of its adjoining prime properties in the Orchard Road area, a project that analysts estimate could cost between S$1 billion ($740 million) and S$2 billion.
