#11 The Asian Mavericks – Mr. Jack Chua (APAC Realty Limited)The story of how to grow the largest property agency in Singapore.The post #11 The Asian Mavericks – Mr. Jack Chua (APAC Realty Limited) appeared first on Value Invest Asia.

#11 THE ASIAN MAVERICKS – MR. JACK CHUA (APAC REALTY LIMITED)Our latest interview with Mr. Jack Chua, the man behind the largest property agency in Singapore; APAC Realty.The post #11 THE ASIAN MAVERICKS – MR. JACK CHUA (APAC REALTY LIMITED) appeared first on Value Invest Asia.

Far East Hospitality Trust (SGX: Q5T) reported a drop in its distribution per unit (DPU) yesterday. The latest report was for the first quarter of the fiscal year ending on 31 December 2019 (FY18/19). Far East Hospitality Trust’s portfolio consists of 13 properties with 3,143 hotel rooms and serviced apartments which are valued at S$2.63 billion as of 31 December 2018. Let’s take a quick look at the results. Gross revenue for the reporting quarter increased by 8.0% year-on-year to S$27.8 million while net property income rose by 9.0% to S$25.07 million. The increase in revenue was due to a 10.4% increase in the master lease rental which offset a 0.5% decrease in retail and office revenue. As for net property income, the increase was on the back of the additional contribution from Oas

APAC Realty Ltd (SGX: CLN) is one of Singapore’s largest real estate agencies with over 6,500 salespersons providing property brokerage services for primary and secondary home sales as well as rental of residential, commercial, and industrial properties. At its current price of S$0.63, the company’s stock is trading at 42% lower than its 52 weeks high price of $1.07. If APAC Realty has a high-quality business, its current low stock price could be an investment opportunity. There’s no easy answer to that question, but one simple metric can help shed some light: return on invested capital (ROIC). A brief introduction to the ROIC In a previous article, I explained how ROIC can be used to evaluate the quality of a business. The simple idea behind the metric is that a business with a h

The latest earnings season was a disappointment, to say the least. Multiple sectors such as banks, property, telco and O&G saw earnings cut due to slowing global growth and US-China trade war. As a result, earnings growth was slashed for FY19. This contributed to the fall in STI from its February high of 3,286. Going forward, DBS is expecting STI to stay around the support area of 3,180 with a bull-case forecast of 3,500 by end of the year. Investors Takeaway: 3 Strategies After A Disappointing Quarter By DBS For investors, the deepening cuts point to a worrying sign of things to come in the upcoming quarters. So, how should investors adjust their investment strategy to avoid underperformance in the upcoming month? According to DBS, there are three strategies that investors should cons

Well, at least until October 2023. But first, let me state that this post is not exactly a discussion on APAC Realty. I don’t own APAC Realty’s shares, I traded it twice, and was fortunate to walk away with a mere couple of grand in profits, but that’s about it. This is specifically, a discussion of APAC’s recent acquisition of Hersing Centre. (And the numbers behind it) On the 10th Sept 2018, APAC completed the acquisition of Hersing Centre, situated in Toa Payoh, and renamed it ERA Centre. The plan is to use ERA Centre as the headquarters, while simultaneously generating rental income from leasing out the retail units. “The Property is a leasehold commercial property with a site area of approximately 1,392.4 square metres and a gross floor area of 4,121.4 sq