
DBSVickers targets at least $0.45!!!!!! CHEONG AH!!!!!!!!!
uperBowl Holdings
Going into extra frame
Story: The opportunities for en-bloc sales for Superbowl?s investment
properties and venturing into the hospitality sector are likely to catalyse
the company?s growth in the future.
Point: The bowling business underwent consolidation after the Marina South
outlet closed. With the sizzling property market, part of property
investment portfolio may cash in on the en-bloc market. It is also
exploring the opportunities in the hospitality business, and has acquired
sites in Balestier Road.
Relevance: The key catalysts are the potential en-bloc opportunities for
their investment portfolio in the Orchard and Selegie area, as well as its
entry into the hospitality business. Our RNAV estimate isS$0.45 per share.
up another 17 per cent..wat going on
wow....down 53%...