The Week That Was in ASEAN@Smartkarma - Sea Ltd, Utrajaya, and Grab's Results
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
315 Views
Fraser Hospitality Trust (FRHO): Privatization + Recovery.
The upside may not be much anymore since the bulk of the upside from the privatization news is already priced in but the gross operating revenue is...
618 Views
Far East Hospitality Trust (FEHT): Beneficiary of Opening Up
ICA announced that Chinese tourists may enter Singapore by applying for Air Travel Pass without being quarantined if tested COVID-19 negative. FEHT...
474 Views
ESR REIT 4.6% Perpetual - Appears Expensive
We think the ESR-REIT (EREIT SP) perpetual (4.6% perpetual callable on 3-11-22) is expensive with respect to its senior bonds as well as perps...
395 Views
PAP Retains Power, but Faces the Largest Opposition Contingent Since Independence
Singapore's election was a net plus for democracy, with the PAP retaining power comfortably, but receiving a significant jolt from the Workers...
477 Views