Far East Orchard

See the analysts' recommendations and target prices here.

According to the analysts at DBS, the stock holds “deep value” and there are “compelling reasons to trade higher.”

The group’s net asset value edged down to $2.70, from $2.72 on Dec 30.

The analysts at DBS see "deep value" within the counter.

Far East Orchard could be an asset play given its steep discount of 0.4 times price to NAV

The group reported a total loss of $3.2 million, deepening from the total loss of $2.6 million in the 1QFY2020.

The consideration of $1.8 million translates to $21,907.22 per sqm over the strata area of 81 sqm.

The consideration of $1.8 million translates to $21,907.22 per sqm over the strata area of 81 sqm.

Far East Orchard aims to continue growing recurring hospitality revenue through operating contracts and strategic partnerships.

Although the group is expecting its FY2020 results to be “severely impacted” as the pandemic rages on, the board will be tabling its previously announced FY2019 dividend of 6 cents per share at the upcoming AGM.