Added to YB: 2023-08-15
Pitch date: 2023-08-15
BHU.SI [bullish]
SUTL Enterprise Limited
+73.8%
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 0.50
Price Target
N/A
Dividend
7.19%
EV/EBITDA
-0.33
P/E
7.22
EV/Sales
-0.11
Sector
Hotels, Restaurants and Leisure
Category
value
Show full summary:
Marina mania
$BHU.SI: High-quality monopoly marina in Singapore at <0.5x adj book (100.8M SGD w/ deferred membership income), 6-10x bear case owner earnings. 9% div yield. Huge cash pile, no debt. Catalysts: Industry growth, more berths, new mgmt contracts. Risks: 2034 lease renewal, poor capital allocation.
Read full article (10 min)