Shares & Derivatives
My Notes from OUE Hospitality Trust Annual Report 2016
By My Sweet Retirement  •  April 9, 2017
Recently, I received the 2016 annual report for OUE Hospitality Trust. As I am invested in OUE Hospitality Trust, below are points I felt are important for me to take note of.
  • Net Asset Value (NAV) per stapled security has declined over the years. The Net Asset Value (NAV) per stapled security for FY2014, FY2015 and FY2016 are $0.90, $0.90 and $0.77 respectively.
  • OUE Hospitality Trust has no debt due until July 2018.
  • In 2017, higher traffic through Changi Airport could potentially benefit Singapore’s hospitality sector.
  • Distribution yield has declined over the years. The distribution yield for FY2014, FY2015 and FY2016 are 7.45%, 8.51%, 6.98% respectively.
  • The board of directors consists of men with politician experiences. Mr Lee Yi Shyan, Deputy Chairman was previously a member of the Cabinet of the Singapore government from 2006 to 2015. Mr Chong Kee Hiong, Chief Executive Officer ...
...
Read the full article
By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance