It has been a little more than a year since we set up stockresearchasia.com in early 2015 to provide Asia based investors with proprietary stock research. While we did not envision it at the beginning, 2015 has turned out on hindsight to be a tricky year for investors to navigate in Asian equity markets. And […]
2015- Our encouraging first year scorecard Read More »
In our report posted on 30 November 2015, we highlighted that IPC, pending completion of the sale of its seven business hotels in Japan and proposed capital reduction, remains grossly undervalued at S$1.750 per share. We also conservatively estimated after taking into account the net proceeds of the Divestment and repayment of all yen denominated
The recent decision by SGX mainboard listed IPC Corporation Ltd to dispose of its remaining Japanese hotel assets (the “Divestment”) warrants a closer look at the stock by value oriented investors. Although its share price has risen by 26% since the announcement was released, it still remains grossly undervalued. Assuming the successful completion of the
IPC Corporation Ltd: Oei Hong Leong’s undervalued asset play Read More »
