Added to YB: 2024-12-09
Pitch date: 2024-12-05
BHU.SI [bullish]
SUTL Enterprise Limited
+32.92%
current return
Author Info
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Company Info
SUTL Enterprise Limited, an investment holding company, develops and operates integrated marinas in Singapore and Malaysia.
Market Cap
SGD 61.6M
Pitch Price
SGD 0.65
Price Target
1.00 (+15%)
Dividend
7.19%
EV/EBITDA
-0.33
P/E
7.22
EV/Sales
-0.11
Sector
Hotels, Restaurants and Leisure
Category
value
New Portfolio Position — BHU
BHU.SI: High-end marina operator, mainly One°15 in Singapore. 8x P/E, 7% yield, 90% of mkt cap in cash. Strong pricing power, 97% occupancy, 14% sales CAGR 2020-23. Risks: 2034 lease expiry, capital allocation. Upside: lease renewal talks, improved shareholder returns. Target S$1+.
Read full article (5 min)