Mandarin Oriental: Don't Lose Money
Mandarin owns the One Causeway Bay precinct which is likely worth more than the company’s current Enterprise Value ($2.4b) having recieved an offer...
Mandarin Oriental (MAND SP): Life Is Suite
Mandarin Oriental is trading cheap at 0.7x P/B against 1.8x on average (5 years) pre-Covid. Business will continue to improve from here. The...
Smartkarma Originals
APAC Luxury Industry Series Update: Travel Rebounds While Goods Decline
Luxury travel has exceeded pre-pandemic levels, demand for traditional luxury goods has remained very low in recent months.
Smartkarma Originals