I am expecting a solid 3Q profit.

59.5 cents. Lelong, lelong

I think Superbowl has done well because it is a smaller business and the impact of the Zhongshan Park project is subtstantially greater on it than on HH.

According to DMG estimate, the RNAV of Hiap Hoe is S$1.36, so think 2X, 3X before selling at 60.5 cents.

Hiap Hoe is 60.5 cents? So undervalued compared to RNAV of S$1.36. This market is quite irrational.

Oh, it is higher now at 62.5 cents than in my previous post. Looking forward to its AGM many months from now -- why? Reason is, it will be probably held at its new hotel in Zhongshan Park in Balestier.  There should be an even better buffet than the one at Orchard Hotel where Hiap Hoe held its previous AGM.

steady as a rock at 53.5 -- 54.

The positive impact of the 2 hotels will be greater on Superbowl than on Hiap Hoe.
But Superbowl is more illiquid ... how to accumulate?

Buy Hiap Hoe then.

Buying interest detected this morning, pushing HH stock to 55 cents.

The investment vehicle of the father-sons owns 70% of the listed company. Any increase in dividends will be enjoyed mostly by them, while minority shareholders take the remaining 30%. However, let's not contradict ourselves. Minority shareholders do want Hiap Hoe to pay out higher dividends than the measly 0.5 cent a share in past years. 

Hiap Hoe will transform into a different animal when its 2 hotels are completed and start operating soon. It will have a steady revenue stream, which will make it even more attractive. The stock price definitely will be climbing up beyond 60 cents.

For Fy2011, the final dividend was 0.25 cents. There was an interim div of 0.25 cent a share too.

Total = 0.5 cent.

Now, interim already is 0.5 cent. Final dividend hopefully will be at least 0.5 cent, if not 1 cent.
At least the mgt listened to some shareholders who kao peh kao boh at AGM.

@ HIAP HOE AGM: 'Please give more dividend with hotel recurring income'

I have been waiting for the 2Q results. Beautiful -- look at it $16.7 million net profit, making it $30.7 million for 1H.

Surprise dividend -- small but meaningful. Last year didn't have.

I am thankful to Hiap Hoe Management.

0.5 cent a share.

Hopefully, final dividend will be swee swee...

this is like Roxy-Pacific. Only key diff is Hiap Hoe ain't got any operating hotels right now... In a few months' time, 1st hotel will open. Early next yr, another hotel.

Both in Balestier but will enjoy good ROI becos of the strong growth in tourist arrivals. Hiap Hoe, I agree, is a grossly undervalued stock. RNAV is aorund $1.20 but the stock is 54 cents. Wait for some catalyst  -- probably the hotel openings.

HIAP HOE; Bear market strategy by DBS VICKERS, MAYBANK-KE

July 20: Hiap Hoe closed at 53.5 cents. Is this  a good level to enter?
The RNAV is more than S$1.00. Unfortunately, no analyst writes about it and promotes it.

Being a kaypoh, I am interested to read the Teo Guan Seng v Hiap Hoe Holdings court documents. Anyone knows the URL of  the website of the courts ?

Hiap Hoe closed at 49.5 cents. It won't stay this cheap tomorrow. 

Viviene, HH has fizzled out. U buying at 50 cents? or still waiting at lower level?