I opened a position not too long ago for OUE Ltd and have explained my rationale for buying them (See Here).

The fundamental reason for my purchase since have remained the same and I just want to quickly go through their recent Q3 results which caught my eye. I will not mention all of the results but only specific details which I deemed as important. If you like to check their complete announcement, you may refer to their website under financial announcement.

                                                                     Profit & Loss

1.) Hospitality Division – This segment revenue dropped marginally by $5.9m from $59.1 million to $53.2 million YoY due to the disposal of their China hotels at the end of 2013. Excluding this, actual revenue has increased $1.6 million YoY. I would not be too worried for this particular segment as the management ...