$CDL HOSPITALITY TRUSTS(J85.SI)$ is an Asian leading hospitality REIT with Singapore contributing around 60% of its net property income.
Investment opportunities:
1) As majority of its NPI is contributed by SG, the return of Chinese tourists (currently at 30% of pre-Covid levels only) will help sustain hospitality demand in SG and this will in turn provide support to the NPI of CDLHT.
2) Attractive valuation of CDLHT standing at 0.65 P/B is at its lower end based on historical range. This is bound to draw interest of value investors.
I am excited for the upcoming earnings. Hope to hear good news from $CDL HOSPITALITY TRUSTS(J85.SI)$ !
Invest safe:)
@TigerStars @MillionaireTiger @Daily_Discussion @CaptainTiger
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Comments
CDLHT's capital expenditure plans are also likely to be a focus of the earnings report.
CDLHT's revenue and earnings are also likely to be a focus of the earnings report.
The performance of CDLHT's hotels will be a key focus of the earnings report.
Reit stocks are just so hard recently