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Added to YB: 2024-04-19

Pitch date: 2024-04-17

0184.HK [bullish]

Keck Seng Investments (Hong Kong) Limited

+1.35%

current return

Author Info

Company Info

Keck Seng Investments (Hong Kong) Limited, an investment holding company, engages in hotel and club operations, and property investment and development activities in Macau, Vietnam, the People's Republic of China, Japan, Canada, the United States, and Hong Kong.

Market Cap

HKD 758.6M

Pitch Price

HKD 2.12

Price Target

6.50 (+202%)

Dividend

5.83%

EV/EBITDA

3.12

P/E

2.90

EV/Sales

0.69

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Keck Seng Investments Limited - $0184.HK

Keck Seng (0184.HK): Manages hotels under top brands like W, Sofitel in prime locations. FY23 rev +21% to $222M, profits +151% to $40M. Cash $193M > MCap. 74% insider owned. Occupancy rising post-COVID. Trades at <3 P/E w/ strong balance sheet. PT $0.83 (HKD 6.50), >100% upside.

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