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The tale of a sinking ship (or not)
By Singapore's Budget Babe  •  November 7, 2019
A viral letter about The Queen Mary has caused shares of Eagle Hospitality Trust (EHT) to plummet. Is the sell-down justified, or could this crisis present a good opportunity to buy?


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When EHT's share price crashed so much within a single day, I got all excited because hey, what if this was a fabulous opportunity to buy into a portfolio of international brand-name hotels for cheap?

The financial blogosphere is rife with everyone's opinions on the issue right now but here's my take, and why I bought.



What happened?

Before I go into details, there are primarily 2 risks for potential investors to be concerned about at this stage:    

   Cost of repairs needed for The Queen Mary      If valuations for the properties in EHT’s portfolios have indeed been inflated

We gotta thank The Edge for

...
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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