Insight Provider, CrossASEAN Research

Nicolas Van Broekhoven

Was on the buyside for 15 years, most recently at a medium-sized boutique asset management firm. I grew up in Europe, went to university in the US and have been living in Singapore for the last 7 years which has given me a broad scope on the world and investing in general.

Consider myself a generalist investor with a preference for small and mid-cap companies and special situations. However, a large cap that has gone temporarily out of favor might also pique my interest. 

My style of investing could be categorized as more of value investor, rather than growth at any cost. Learning from Charlie Munger on the importance of quality of a company has been of tremendous value over the years.I like businesses with real earnings, cash flows, dividends, book value and insider ownership.

Insight Provider

Banyan Tree 3Q17 Results Are a Non-Event; Focus on LT Impact of Vanke and Accor Partnerships

Discover Singapore: Banyan Tree (BTH SP) Luxury Hotel Group Catching Attention of Industry Giants

Value-focused bottom-up Asian equity research

NVB Asia Pte Ltd

Equity Bottom-Up

Luxury hotel chain operator <a href="https://www.smartkarma.com/entities/18141" target="_blank" data-smartkarma-citation="entities:18141:1">Banyan Tree Holdings Ltd (BTH SP)</a> saw an improvement in underlying net profit versus the same period last year. EPS was 0.16 (SGD cents) vs 0.07 (SGD cents) one year ago. NAV per share at 31/3/17 was 0.73 SGD.<figure class="editor-figure mceNonEditable"><img class="editor-image img-responsive" src="https://static-prod.smartkarma.com/images/media/000/025/891/original/1Q17%20nrs.jpg?1494541836" data-smartkarma-image-id="25891"></figure>Revenues were down as property sales at Cassia Phuket and Laguna Park Phuket were lower in the last quarter versus one year ago. Profits however went up mainly because reversal of bad debt provision following payments by several hotel owners in China.Hotel…

Luxury hotel chain operator Banyan Tree Holdings Ltd (BTH SP) saw an improvement in underlying net profit versus the same period last year. EPS was 0.16 (SGD cents) vs 0.07 (SGD cents) one year ago. NAV per share at 31/3/17 was 0.73 SGD.Revenues were down as property sales at Cassia Phuket and Laguna Park Phuket were lower in the last quarter versus one year ago. Profits however went up mainly because reversal of bad debt provision following payments by several hotel owners in China.Hotel…

Banyan Tree 1Q17 Results Show Bottom Line Improvement; NAV Per Share at 0.73 SGD