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Amara

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? 

 

Amara awoke suddenly. hmm..wondering what's up?

 

AMARA  shOUld  dOUblE  its AMARA Hotel & LeisUre cApAcIty at  TANJONG PAGAR  instead of in BANGKOK.

CARLTON  HOTEL dOUblEd  its  Hotel & Leisure cApAcity just OppOsIte the Westin Hotel at RAFFLES CITY.

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AMARA  BANGKOK  CASHFLOW  will start to flow in  from 2014.

In the meAn tIme, it mAy  weAken tOwArds  S$0.200.

francisd      ( Date: 02-Sep-2011 11:47) Posted: Good news for AMARA Shareholders. Singapore Hot Stocks-Amara jumps CIMB initiates outperform SINGAPORE, Sept 2 (Reuters) - Shares of Singapore hotel developer Amara Holdings jumped as much as 8.2 percent on Friday after CIMB Research initiated coverage on the stock with an outperform rating and a target price of S$0.50, traders said. At 0319 GMT, Amara shares were up 6.6 percent at S$0.325 on a volume of 603,000 shares, around 4.5 times the average daily volume so far this year. CIMB said Amara was trading at a 65 percent discount to its revised net asset value based on just its Singapore assets, offering investors a good margin of safety. Two new hotels in Shanghai and Bangkok are also being developed and are expected to boost the company's earnings when completed in 2014 based on CIMB's estimates. In Singapore, CIMB forecast an upside in revenue per available room as the growth in tourist arrivals is likely to outpace hotel room supply over the next two years.

 

this stock so quiet. No shorts no Longs. Wondering how much share is floating in the market?

 

Good news for AMARA Shareholders.



Singapore Hot Stocks-Amara jumps CIMB initiates outperform



SINGAPORE, Sept 2 (Reuters) - Shares of Singapore hotel developer Amara Holdings jumped as much as 8.2 percent on Friday after CIMB Research initiated coverage on the stock with an outperform rating and a target price of S$0.50, traders said.

At 0319 GMT, Amara shares were up 6.6 percent at S$0.325 on a volume of 603,000 shares, around 4.5 times the average daily volume so far this year.

CIMB said Amara was trading at a 65 percent discount to its revised net asset value based on just its Singapore assets, offering investors a good margin of safety.

Two new hotels in Shanghai and Bangkok are also being developed and are expected to boost the company's earnings when completed in 2014 based on CIMB's estimates.

In Singapore, CIMB forecast an upside in revenue per available room as the growth in tourist arrivals is likely to outpace hotel room supply over the next two years.

 

What's the story. Seems good to me but looks like stagnant. Hold? Buy? Sell? Any insights?

 

Amara Holdings Limited has embarked on a S$32 million asset enhancement plan and repositioning exercise for its retail centre located at 100 Tras Street .

 

/sgx masnet/

 

 

Amara Hotels and Resorts,

the hospitality arm of Amara Holdings,

yesterday announced a

272-room hotel project in central Bangkok.

 

Thursday:  29 APRIL 2010  CLOSING

S$0.505  +S$0.015

DOW  PHOBIA

 

S$0.490  -S$0.010

Wednesday: 28 APRIL 2010  CLOSING

2932.04   -59.64

STi  CORRECTION

GREECE  CONTAGION

 

AMARA is RIPE to SOAR ABOVE S$0.61........

Towards Full Value of S$0.75........

Check out analyst's report........

 

Becareful MFT can't be trusted !! 50/50 only .

 

Price Target S$1.01

It is now BUY 1 Get 1 FREE.  Extremely Good Deal.

It is TIME to pick the GEMS.

 

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DBS Vickers - Amara Holdings (AMA SP): Growing from strength to strength Buy S$0.73; Price Target: S$ 1.01 (Prev S$ 0.98)

Amara results came in above expectations.

Strong 3Q07 results. Amara?s net profit came in strongly at S$4.3m from $0.1m in previous quarter, on the back of a 2.8x increase in sales to S$44.6m. This is largely attributable to higher room rates attained in the current quarter and revenues from property sales. The company turned in an EPS of S$0.75 in 3Q07.

Rise in other operating expenses by 35%. Administrative expenses rose 28% from S$4.2m to S$6.0m due to the commencement of Sanctuary?s operations.

Encouraging performance from Sanctuary. Sanctuary?s performance has been encouraging till date and it provides impetus for higher earnings moving forward.

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