Shangri-La Asia

Results

Shangri-La Asia is back to black with 1H2023 net profit, but NAV dips marginally

Shangri-La Asia announced net profit of US$131.4 million in 1HFY2023, a turnaround from a loss in 1HFY2022
Some gigs are hotter than others - THE EDGE SINGAPORE

Global Markets

Some gigs are hotter than others

This is why I will still keep my portfolio more at and closer to home
Shangri-La Asia announced a smaller loss in FY2022 - THE EDGE SINGAPORE

Results

Shangri-La Asia announced a smaller loss in FY2022

Shangri-La Asia announces smaller loss in FY2022, NAV falls 10.4% to US$1.47 per share.

Company in the news

Shangri-La Asia's CEO and executive director retires

The company says it is in the process of identifying a suitable candidate to fill the vacancy of CEO.
Broker's Digest: Pan-United Corp, CICT, CDG, Shangri-La Asia, Q&M Dental, SPH - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Pan-United Corp, CICT, CDG, Shangri-La Asia, Q&M Dental, SPH

See the analysts' recommendations and target prices here.
OCBC raises Shangri-La Asia fair value to HK$9.74 on anticipated recovery - THE EDGE SINGAPORE

Broker's Calls

OCBC raises Shangri-La Asia fair value to HK$9.74 on anticipated recovery

Recovery already seen in 2HFY2020 in mainland China

Stocks To Watch

Cost-cutting in place but prospects remain bleak

Shangri-La, which has a secondary listing on the Singapore Exchange, performed poorly among our top 10 stocks picks with a 14.5% loss for a six-month period.

Investing ideas

Top 10 global stocks mauled by market but outperform indices

On average, as a group, the 10 stocks have outperformed the market indices, but were unable to outrun market sentiment.

Covid-19

Singapore confirms first case of Wuhan virus. Here's what investors need to know

The markets are likely to be spooked at the opening bell after Singapore on Thursday evening announced its first confirmed case of the deadly Wuhan virus. Here's what you need to watch out for.
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