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GuocoLeisure trades at just 0.7x NTA of US$0.69 per share or S$0.86 per share, which arguably still undervalues its prized assets, Quek Leng Chan & fu

Hot stock GuocoLeisure (GLL SP, $0.60, NOT RATED) –

GuocoLeisure trades at just 0.7x NTA of US$0.69 per share or S$0.86 per share, which arguably still undervalues its prized assets, especially its properties in Hawaii and Fiji which it intends to sell.

Major shareholder Quek Leng Chan continues to add to his already majority stake, while fund manager Marathon has raised its stake by 1% over the past 12 months. In addition, the company recently cancelled its UK secondary listing to streamline its listings down to Singapore (primary) and New Zealand (secondary).

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Symbol Bid Ask Spread
EURUSD 1.18190 1.18210 2
GBPUSD 1.32020 1.32050 3
USDCAD 1.24520 1.24550 3
USDJPY 113.020 113.040 2
USDCHF 0.97950 0.97980 3
AUDUSD 0.78690 0.78720 3
NZDUSD 0.70430 0.70480 5
EURGBP 0.89510 0.89540 3
EURCHF 1.15780 1.15810 3
EURJPY 133.580 133.610 3
AUDJPY 88.930 88.980 5
GBPJPY 149.210 149.270 6
XAUUSD 1280.96 1281.36 40
XAGUSD 16.969 17.019 5