DD - Double Dragon, and DDMPR

[drbubb]

DD - Double Dragon, and DDMPR

DDMPR : (P1.18) to DD (7.82)  = 15.1% /TLT ($93.77): 8.34%: w/MM (0.95) @3.27.24

01.26.24: (P1.22) to DD (7.90) = 15.4% /TLT ($93.78): 8.42%: w/MM (1.04) @1.26.24

12.18.23: (P1.22) to DD (7.46) = 16.4% /TLT ($99.15): 7.52%:  w/MM (1.02)

Weirdly, DDMPR correlates with price moves in MM

DD vs DDmpr : 1.09.24: DD: 8.13 / 1.21 = 6.72x; PER: x, Div.Y: xx%

1.09.24: DD: 8.13 / 1.21 = 6.72x

DDMPR at 1.30, could be in a Buy Window, with est. 8.1% Yield ... 10d: 5d:
+Ddmpr: 1.30, .105, 8.08%

Ratio to DD ( /6.80). from 1/21: Mar'22: 10d: Psei- /6620 (1.03%), DDMPR- 1.38 (20.3%), MM- 1.22 (17.9%)

FE'22: 6.72: Psei- /6566 (1.02%), DDMPR- 1.29 (19.2%), MM- 1.21 (18.0%)
FE'21 : 7.26: Psei- /7123  (1.02%), DDMPR- 1.79 (24.7%), MM-2.51 (34.6%)

Sym.: Price: BkVl: PER : Yield: ’17BV: >’2021: nD/Eq.
ALI. : 28.50: 15.83 22.6: 1.00%  11.32 : +39.8%: 0.98
MEG  P2.07 P6.24 4.85: 2.97% P4.38: +42.5%: 0.25

DD.    : 6.80: 17.31  3.11 : 3.42% P6.35: + 173.%: 1.09
ddmpr 1.38 P2.30 4.14 : 0.?? % =N/A : + 00.0% 0 debt
MM.   : 1.21  P0.26 269.: 0.00% =N/A : + 00.0%: 0.89

DD / Double Dragon ... All: YTD: 10d / Last: P 7.77, ATH, about P80

DDMPR /

DDMPR- etc... update: 10d /

===

[drbubb]

Big Fund Raise!

DDMPR / xx

TLT / US LT Bonds vs Phl REITS ... update:  TLT: 113.62 / FLI: xx

DOUBLE DRAGON MERIDIAN PARK REIT IPO

===

[drbubb]

DD, DDMPR DIV History

Year:  Aug : later :  -DD-: x2.37b/ may.:jun: aug: nov.=Ddmpr x17.83b x44.3%
2022: 0.000: ????=.0000 0.00b/ .028: .028: .027 .027E= .110e: 1.96b, 0.87bEst
2021: .2002:.0000=.2002 0.47b/ .021: .020: .028: .028.=.0970: 1.73b, 0.77b

2021 DD, BkV: 17.31, DDMPR, BkV: 2.30

MB BOTTOM-LINE

 It’s probably not that big of a deal that DD’s shares are an exciting lockup, since the company doesn’t appear to need short-term capital, and it just recently had an opportunity to sell as much DDMPR as it wanted to just 6 months ago when it sponsored DDMPR’s IPO. I could be wrong, but I think it’s safe to consider DD’s 44.33% to be “settled” and inactive (for now).

The real question for DDMPR investors is what will happen with the shares held by the Yujuicos; will they continue to hold the shares, or will they look to sell for personal reasons that we might not know or understand? The Yujuicos is a deeply connected family with considerable resources, but that doesn’t exempt them from perhaps wanting to pull some money off the table and sell some shares.

Will they do it? We can’t know for sure, but it’s important to consider their 2.3 billion shares as “potentially active”. DDMPR has a daily average volume of about 10 million shares, so their holdings represent about 230 trading days’ worth of volume.

That’s nearly an entire year’s worth of stock. I’d bet the family is too savvy to fire-sale DDMPR stock in such a way so as to crater the price. They’re clearly not going to exit quickly, as they were likely also presented with the opportunity to sell shares into the IPO during the offer period 6 months ago, but the point of this section is just that these are significant shareholders with huge positions and investors need to pay a little bit of attention to that. 

FILRT’s property portfolio consists of 17 Grade A office buildings totaling over 300,000 square meters
of gross leasable area (GLA) valued by an independent appraisal company at ₱48.5 billion (P161.6k psm)

Appraisal: ₱48.5 Bn (P161.6k per sqm., mid-2021)

Appraisal: ₱48.5 Bn/300k (P161.6k psm x7.50%= 12.13k, P1,011 psm/ mo.
MktCap. : 4.89B x 6.30= P30.8B MktCap. vs ipo at 7.0= 34.2B
Revenues: 300k sqm x 12.13psm      = P3.64B, 2021
Earnings : 20.4 PER: 30.8MCp/ 20.4 = P1.51B (41.5%)
Dividends: 6.79% yield: x 30.8B = P2.09Billion p.a.
MktCap. :  ₱30.8B +9.8debt= P40.6B/300k (P135.3k per sqm), *ipo: P147k psm

Of these,16 of the 17 buildings are in Northgate Cyberzone in Filinvest City in Alabang

[drbubb]

Earnings Yield, Est. Div. : DD, DDMPR

Symbol:  Last : PER: E.Yld:  Div.Est: Yield%
DD.       :  7.62 : 3.52: 28.4%: 0.20? :  2.62? >
DDPMR : 1.48 : 4.36: 22.9%: 0.11E  :  7.43% > est.div: 2.73 x4= 0.1092

DDPMR : update / Last: 1.48... 7.43% Est. Yield

DIV History

Year:  Aug : later :  -DD-: x2.37b/ may.:jun: aug: nov.=Ddmpr x17.83b x44.3%
2022: 0.000: ????=.0000 0.00b/ .028: .028: .027 .027E= .110e: 1.96b, 0.87bEst
2021: .2002:.0000=.2002 0.47b/ .021: .020: .028: .028.=.0970: 1.73b, 0.77b

[drbubb]

Compare with TLT/ Bonds > Target for DD

DD & DDPRM. update:   DD: 7.40 (T. is 7.00-7.10) , DDPRM: 1.49

 

 

 

[drbubb]

GOOD NEWS? DD raised its credit rating:

. On November 4, 2022 - Philippine Rating Services Corporation (PhilRatings) announced that it has upgraded its Corporate Credit Rating to PRS Aaa for DoubleDragon Corporation. DoubleDragon has completed over a portfolio of over 1.2 million leasable recurring income generating GFA positioned strategically in various parts of Luzon, Visayas and Mindanao and only in select sunrise real estate sectors of provincial retail leasing with its string of CityMall community centers, its office buildings In DD Meridian Park complex in Bay Area Pasay and the 42-storey Jollibee Tower in Ortigas CBD, its string of CentralHub warehouse complexes, and its string of Hotel101 hotels in the Philippines as well as the most recently completed purchase of a 9,000 square meter prime land in Hokkaido Japan. DoubleDragon Corporation as of June 30,2022 had Total Assets of P145.78 Billion and Total Equity of P71.83 Billion. DoubleDragon's net Debt-to-Equity ratio stood healthily at a low 0.64x far below its D/E ceiling of 2.33x. Cash position stood at P7.88 Billion. DoubleDragon Corporation for many years has been building its business fundamentals brick by brick since it started in 2012 as a joint venture partnership between Honeystar Holdings Corp led by Jollibee Founder Mr. Tony Tan Caktiong and Injap Investments Inc led by Mang Inasal Founder Edgar Injap Sia II.

> Nov.4th PR

DD vs. DDMPR... Ytd: 10d / DD: P6.28, DDMPR: P1.24 = ratio: 5.06x

 

[drbubb]

Ratio to DD ( /6.80). from Mar'22: 10d: Psei- /6620 (1.03%), DDMPR- 1.38 (20.3%), MM- 1.22 (17.9%)

FE'22: 6.72: Psei- /6566 (1.02%), DDMPR- 1.29 (19.2%), MM- 1.21 (18.0%)
FE'21 : 7.26: Psei- /7123  (1.02%), DDMPR- 1.79 (24.7%), MM-2.51 (34.6%)

Sym.: Price: BkVl: PER : Yield: ’17BV: >’2021: nD/Eq.
ALI. : 28.50: 15.83 22.6: 1.00%  11.32 : +39.8%: 0.98
MEG  P2.07 P6.24 4.85: 2.97% P4.38: +42.5%: 0.25

DD.    : 6.80: 17.31  3.11 : 3.42% P6.35: + 173.%: 1.09
ddmpr 1.38 P2.30 4.14 : 0.?? % =N/A : + 00.0% 0 debt
MM.   : 1.21  P0.26 269.: 0.00% =N/A : + 00.0%: 0.89
====

 

[drbubb]

DDMPR at 1.30, could be in a Buy Window, with est. 8% Yield

4Aver.=6.53%,  6Aver.=6.98%
Phl10yr 6.00%, 5yr: 5.84%
+VREIT  : 1.54, .117 , 7.58%
+Ddmpr: 1.30, .105, 8.08%

[drbubb]

MM / MerryMart at P1.12 looks a Buy now. But is big premium to 0.30 B.V.

DDmpr Reit at 1.27 (8.27% yield) vs. DD at 7.20, 3.64% ... update:

[drbubb]

BIZ BUZZ: DoubleDragon within striking distance

Philippine Daily Inquirer / 02:43 AM August 01, 2023

Last week’s big news was that DoubleDragon Corp. of billionaires Edgar “Injap” Sia II and Tony Tancaktiong had become the country’s fourth largest shopping mall developer and landlord with the opening of its 45th property, the latest CityMall in Surigao City.

What the firm didn’t say is that it is actually within close striking distance of the country’s top three mall developers.

In fact, Biz Buzz learned that DoubleDragon will—barring any last minute hitches— probably overtake its closest competitor and become the Philippines’ third largest shopping mall developer as soon as next year.

The Sia-Tancaktiong venture is set to open seven more community malls across the country between now and next year.

After last week’s opening of CityMall-Surigao, three more CityMalls are slated to be completed in the fourth quarter of 2023, namely CityMall-Bay Laguna, CityMall-Palo Leyte, and CityMall-Antique.

For 2024, four more CityMalls are set to open, namely CityMall-General Trias Cavite, CityMall-Guiwan Zamboanga, CityMall-Ormoc and CityMall-Ozamiz.

As such, by the end of next year, the firm will almost certainly overtake Ayala Land in terms of number of shopping malls, and will only be one mall short of current second-placer Robinsons Land (the leader SM Prime remains far ahead).

Once this milestone is achieved, DoubleDragon will have a gross leasable area across its entire portfolio of properties of 1.29 million square meters (sqm) fully built and completed, substantially exceeding its stated goal of topping 1 million sq m of leasable space set in 2020.

What’s more impressive is that DoubleDragon is achieving all this within 10 years of this plan being set into motion when the company listed on the Philippine Stock Exchange in April 2014. Not bad. Not everyone can claim to deliver on their promises like this firm can.

[drbubb]

DD (7.00) vs.DDMPR (1.32): 5.3x: Flip: DD: per:3.54, eps:1.98, E%: 28.2%, div: 0.262, D%: 3.75%, PO: 13.2%

DDMPR (1.32): per:1.95, eps:.676, E%: 51.3%, div: 0.110, D%: 8.33%, PayOut: 16.3%. / 10d

Flip:

DD etc. from xx

[drbubb]

xx

C07367: DoubleDragon Hotel101 Global Pte. Ltd. officially opens and... - 1

Today, October 10, 2023, DoubleDragon Corporation's subsidiary Hotel101 Global Pte. Ltd. officially opens and formally begins the operation of both its Global Corporate Office and Global Sales Hub in Singapore.

DoubleDragon has purchased a prime office space at the 4th floor of PLUS Building, 20 Cecil street at the heart of Raffles Place in Singapore for Hotel101 Global Pte Ltd's Global Corporate Office. The Global Sales Hub is also located in the same building at the Ground Floor of PLUS Building. The Hotel101 Global Sales Hub in Singapore has the newest version of Hotel101's signature 21 square meter HappyRoom equipped with its worldwide standard features such as the Queen bed and Single bed using Emma Sleep mattresses, IOT (internet of things) App operable smart lighting using one single type of bulb, 55 inch smart TV, work desk, universal power outlets, electronic device charger ports, kitchenette with refrigerator and microwave, and an ensuite modern pre-fabricated bathroom.

For its signature look, Hotel101 has chosen the 'banig' -- the traditional handwoven mat of the Philippines. Banigs are where Filipino families would gather, form lasting bonds and shape memories. The banig symbolizes home, and that's how we want you to feel when you are staying at Hotel101. The Hotel101 banig colors were carefully chosen to radiate happiness and intended to evoke a Filipino touch in all Hotel101 projects across different countries worldwide. The Hotel101 signature modern banig was designed by AI (Artificial Intelligence) to symbolize that Hotel101 will always stay ahead of the curve in technological advances. "If there is one hotel chain that can optimize the use of modern technology in the global hospitality space, we believe it will be Hotel101, given its pioneering standardized signature 21 sqm HappyRooms and asset-light concept globally," said DoubleDragon Chairman Edgar Injap Sia II. "Eventually, when you stay in any Hotel101, no matter what country you are in, for the first time you will know exactly what to expect," added Mr. Sia.

2 /

"The Hotel101 Global Corporate Office functions as the hub for our team members that are based in different countries as we form the right mix of experienced team members that will efficiently lead the expansion of the Hotel101 Unique and Asset-Light business model simultaneously in various countries," said Hotel101 Global CEO Hannah Yulo-Luccini. "We invite everyone to drop by the Hotel101 Sales Hub at the Ground Floor of PLUS Building in Singapore and grab some complimentary Filipino Blend Coffee, just download the free Hotel101 Global Booking App for entry and that's it!," added Ms. Yulo-Luccini. DoubleDragon's Focus:Strengthening the Base, Positioning Globally.The DoubleDragon team has currently two specific and straightforward goals. Firstly for DoubleDragon's Philippine portfolio to fully mature and reach its optimal revenue generation level by 2025. And secondly, for DoubleDragon's Offshore Hotel101 Global portfolio to gain significant market grip overseas by 2025. "Given that the world economy is getting more and more fragile and volatile, we deemed it imperative, that the only way to future-proof itself is to passionately pursue the target of DoubleDragon's revenues to be derived from geographically diversified sources, that eventually over the longterm, we aim that no single country will contribute over 10% of DD's revenue and income," said DoubleDragon Chairman Edgar Injap Sia II. "But of course, your company DoubleDragon Corporation, will remain to be a deep rooted Filipino company at its core forever. And your DD team will never stop at any point, doing its unconditional responsibility, to continually be a significant contributor in Nation- Building, with our common goal towards a first world Philippines," added Mr. Sia. Complimentary Filipino Blend Coffee is available starting today at the Hotel101 Global Sales Hub in Singapore Just download the free Hotel101 Global Booking App to avail*

[webmaster]

DD may be set for another good rally soon. (last: 6.83). 35.7% of Book Value (19.15) . 3.76% Yield

DD-ddmpr: Especially, if PSEI (6,191, +0.6%) and TLT (89.56 +1.50) are rising. ddmpr: 1.23, 18.0% DD

 

[webmaster]

DECENT EARNINGS Report, up slightly.  DD Stock higher

DD / Double Dragon.  3yr: 1yr: Ytd; 10d/ Last: 7.64 +0.31, 

 DoubleDragon first nine months 2023 financial highlights - 1

FIRST NINE MONTHS 2023 FINANCIAL HIGHLIGHTS - Revenues grew +3.01% year-on-year to P6.15 Billion - Net Income grew +0.68% year-on-year to P2.47 Billion

- Total Cash Position stands at P5.72 Billion - Net Debt-to-Equity ratio at 0.71x, Total Equity now stands at P82.10 Billion (one of the lowest net D/E ratios among Philippine listed companies) - DoubleDragon's nationwide Philippine portfolio of titled hard assets strategically located in Luzon, Visayas and Mindanao is expected to fully mature by 2025 and expected to exceed over P250 Billion in Hard Real Estate Asset Value by 2030 (excluding DoubleDragon's overseas asset portfolio) DoubleDragon Corporation (the "Company" or "DoubleDragon") reports Consolidated Net Income +0.68% to P2.47 Billion for the first nine months ending September 30, 2023 as compared to the same period the prior year. Consolidated Revenues +3.01% at P6.15 Billion for the first nine months ending September 30, 2023 as compared to the same period the prior year. Total Assets increased to P163.99 Billion in the first nine months ending September 30, 2023. Total Equity increased to P82.10 Billion in the first nine months ending September 30, 2023. DoubleDragon's net Debt-to-Equity ratio continued to stay at a healthy 0.71x as of September 30, 2023. The Company's unutilized Debt Capacity stood at P127.28 Billion as of September 30, 2023.

 - 2

DoubleDragon's Focus: Strengthening the Base, Positioning Globally. The DoubleDragon team has currently two specific and straightforward goals. Firstly for DoubleDragon's Philippine portfolio to fully mature and reach its optimal revenue generation level by 2025. And secondly, for DoubleDragon's Offshore Hotel101 Global portfolio to gain significant market grip overseas by 2025. "Given that the world economy is getting more and more fragile and volatile, we deemed it imperative, that the only way to future-proof itself is to passionately pursue the target of DoubleDragon's revenues to be derived from geographically diversified sources, that eventually over the longterm, we aim that no single country will contribute over 10% of DD's revenue and income," said DoubleDragon Chairman Edgar Injap Sia II. "But of course, your company DoubleDragon Corporation, will remain to be a deep rooted Filipino company at its core forever. And your DD team will never stop at any point, doing its unconditional responsibility, to continually be a significant contributor in Nation- Building, with our common goal towards a first world Philippines," added Mr. Sia.

[webmaster]

C08257: DoubleDragon press release - 1

NASDAQ CONGRATULATES HOTEL101 GLOBAL AT NASDAQ TOWER TIMES SQUARE NEW YORK

The NASDAQ Stock Exchange congratulates Hotel101 Global Pte. Ltd. ("Hotel101 Global"), the Singapore-registered subsidiary of DoubleDragon Corporation ("DoubleDragon") for its expansion to the U.S.A., as it seals agreement for the Hotel101-Los Angeles California site. The iconic seven-stories-tall NASDAQ Tower showed the Hotel101 Global logo and the message "NASDAQ congratulates Hotel101 Global on its expansion to the U.S.A. as Hotel101 seals agreement for Los Angeles California Site".

"Hotel101 Global is currently engaged with select SPAC targets and intends to sign a business combination agreement very soon. The SPAC route is one of Hotel101 Global's options to accelerate the expansion of Hotel101 globally as well as the timetable of its previously announced plans to IPO Hotel101 Global on the US NASDAQ Stock Market", said Hotel101 Global CEO Hannah Yulo- Luccini. "We believe DoubleDragon's Hotel101 is a truly pioneering asset light business model, which as far as we know, has never been done in any part of the world before", said DoubleDragon Chairman Edgar "Injap" Sia II. The concept patent application of Hotel 101's pioneering condotel concept has already been filed and the Hotel101 trademark and country specific domains have been secured in various countries globally.

As previously disclosed, Hotel101 Global is expected to derive over 95% of its revenues outside of the Philippines to be consolidated back to the ultimate parent, Philippine-listed DoubleDragon Corporation. DoubleDragon targets for Hotel101 Global to reach a valuation of up to US$17 Billion in the near term based on Hotel101's internal financial projections.

 

[webmaster]

UPDATE - DDmpr (1.22) at big discount to / DD (8.15): 14.97%  and VReit (1.71)

[webmaster]

NICE JOB on DDMPR by Moneywise here!

REITs Investing 2024 : MREIT, RCR, and DDMPR REVIEW and ANALYSIS / Should You Buy These REITs?

 

For DDMPR, the big positive is a low P/B ratio, just 40%.

But the Dividend is NOT Fully covered by cash flow.  Payout ratio was an unhealthy 156%!

Having said that, they had big gains on investment realizations.  PER, is just 1.80x

GROWTH is Cash Flow likely in 2024, as phase4 of its development is completed.

[webmaster]

Divs Record, partial

Year : Cash pmt.:  Ex-Date     : Recorddate: Pay-date
2024: .025682   : 19-Jan’24  : 22-Jan’24  : 14-Feb’24
2023: .0254766 : 03-Nov’23 : 06-Nov-23: 29-Nov’23
2023: .0253889 : 14-Jun’23  : 19-Jun’23 : 13-Jul.’23
2023: .0226599 : 02-May’23: 05-May’23: 31-May’23
2022: .027273    : 07-Dec’22 : 13-Dec’22  : 09-Jan’23
2022: .027299    : 25-Aug’22: 31-Aug’22  : 26-Sep’22
====

DDMPR: Last: 1.21

DDMPR: .0257 x4 / 1.21= 8.50%, RCR: .0979 x4 / 5.06= 7.74%, MReit: 0.246 x4 / 12.72= 7.74%,

Note: if… 0.1028/ .0774=  1.33 Target, +9.9%

Compare: DD: 8.13 / 1.21 = 6.72x

DD vs DDmpr : DD: 8.13 / 1.21 = 6.72x

MM / Merry Mart : Last: P1.05. PE: 25.9. BV 0.30, at YE'2022

[webmaster]

DDMPR: (P1.22) to DD (7.90) = 15.4% /TLT ($93.78): 8.42%: w/MM (1.04) @1.26.24
12.18 :    (P1.22) to DD (7.46) = 16.4% /TLT ($99.15): 7.52%:  w/MM (1.02)

Weirdly, DDMPR correlates with price moves in MM

[webmaster]

HIGHER on NEWS of Hotel Listing Progress /

DD Last: P8.79 +0.07, o: 8.73, dL: 8.65, dH: 9.19, /DDmpr: 1.20 = 7.33x (yrL's: 6.60 / 1.15= 5.74x) 

 DoubleDragon Properties Corp. : UNIFORMITY as a Competitive Advantage, thru lower Costs

DoubleDragon Hotel101 secures the ticker Symbol "HBNB" - 1

The SPAC listing will enable DoubleDragon's hotel subsidiary to not only increase its Equity capital base but will also make Hotel101 become more relevant overseas and the step would at the same time further strengthen DoubleDragon's consolidated balance sheet

Hotel101 is poised to become the most tech-advanced hotel company given its mid-end market typical rooms can optimize the use of technology since the rooms are all the same DoubleDragon's subsidiary Hotel101 Global Pte Ltd has officially reserved the Nasdaq stock exchange ticker symbol "HBNB". This step is in line towards Hotel101 Global's previously announced SPAC listing preparations and given the latest progress, Hotel101 Global expects to sign with its chosen SPAC sponsor the Definitive SPAC Business Combination Merger Agreement by next month in March 2024, to be followed by the official filing of its prospectus subject to the US regulatory approvals.

DoubleDragon expects Hotel101 Global to very soon become the very first Filipino company to list via SPAC in the US Nasdaq Stock Exchange, and seen to become one of the major brands, concept and business model export of the Philippines, given its Asset-Light business model could become one of the major sources of US Dollar inflow to the Philippines from 2025 onwards.

WHY THE TICKER SYMBOL "HBNB" for Hotel101 Global? If one studies closely the novel and unique Hotel101 concept simultaneously from a deeper detailed view, its Asset-Light and highly portable business model is exportable to over 100 countries globally, of which the network effect of the brand is expected to be further elevated which should positively benefit all the stakeholders within its ecosystem. Moreover, as far as we know, the Hotel101 unique concept has never been done in any part of the world before, more so in multiple countries worldwide.

( AVOIDING AIRBNB ISSUES )

It's worth noting too that unlike the other existing short-term apartment rental websites and Apps that have no consistency and have been recently disallowed in major cities because it is observed to cause security issues and friction with other residents living in the same building using their apartments as their main family residence. The Hotel101 concept while it is similar to the Short Term Rental platforms that its inventory is owned by third party unitowners, it does not cause these issues and it also does not cause a reduction of existing inventory of apartments as Hotel101 being uniform typical 21 square meter units across its ecosystem are always new builds.

In a nutshell Hotel101 is a Uniform and Consistent BNB, or a Branded Uniform Bite-Size Hotel Investment, as far as we know it's the first and only in the world. The global patent application has been filed. Hotel101 is also poised to be known as the most tech-advanced hotel company since its mid-end market typical rooms can optimize the use of technology since the rooms are all the same. The Hotel101 concept and business model of having standardized 21 square meter hotel rooms with 1 type of Room globally in multiple countries backed with titled strata or condominium title that can be enrolled to the Hotel101 App as its core as far as we know does not exist yet anywhere in the world. Unbeatable efficiency comes from having around 5x the usual size of other branded 3-star hotel chain, as Hotel101 on average has 500 rooms per site, and efficiency brought about by having literally only 1 type of room. The latest Hotel101 typical room now comes with prefabricated toilets, and standardized flat pack furniture and a single type of bulb within the whole building. A customer literally knows what to expect wherever they may be. Hotel101 is efficient to build, efficient to maintain, efficient to operate. A formula that is expected to naturally result in room rates up to 30% cheaper versus any other hotel chain in its category in any specific country.

...  no branded chain today has over 100,000 of 1 type of room globally just like how it is now in buying a burger in a global burger chain, or getting a typical economy seat in any budget airline. Hotel101 has literally 1 type of room, all the same sizes, all the same fit out, all the same bulb, door knob, the same bed size, and in an Asset-Light structure as all rooms are individually titled condominium units with fragmented ownership...

( TWO BITES of EACH CHERRY - L.T. Fungible & cheap Rooms to rent )

Hotel101 adopts dynamic pricing on its room rates similar to airline tickets where its room price moves up and down depending on the real time supply and demand on the chosen date of booking. The Asset Light Hotel101 concept allows DoubleDragon to generate revenue and income twice, first from the pre-selling of the units, then second after the project is constructed it generates long term recurring revenue from hotel operations

The Hotel101 App's new version coming up soon will have self-check in capability, and since it has only 1 type of inventory in the App, it is very easy to use as there are no other types of rooms to choose from. The efficiency that results from these are expected to bring unmatched value and efficiency to Hotel101 customers. The Hotel101 concept is positioned as a better alternative to people who buy titled apartment condo real estate units with the intention to lease out or enroll the asset in Short Term Rental App platforms for passive income with the intention to preserve the long-term asset value of the titled apartment unit that they could eventually pass on as inheritance to their children or grandchildren. "The opportunity that we see globally in the hospitality space is that of standardization because we believe it brings unbeatable efficiency, especially for the mid-end segment. Take for example the budget airline industry – essentially all budget airlines sell one product across the whole industry and that product is the economy seat, " said DoubleDragon Chairman Edgar Injap Sia II

 ...same no matter where you go – yes, the price changes as costs vary from country to country, but the burger doesn't change," said Hotel101 CEO...

[webmaster]

DD / Double Dragon, Last: P 7.92 -0.13 / DDmpr: 1.21= 6.54x

[webmaster]

DD's "dagger" : 7.96 -0.17

[webmaster]

Another DRAGON Dip

DD : Last: P7.84

===

[webmaster]

Buying DD again... near 7.82

DD vs DDmpr:  7.82 / 1.18 = 6.63x; PER: 3.67, Div.Y: 3.36%, @3.27.24

01.09.24 :   DD: 8.13 / 1.21 = 6.72x

DD : 7.82 -0.06, Tang. NW : 14.42 (ye'2022).  PER is: 3.67,  Historic Yield: 3.36%,

DD:  I am buying back in now, though I think it could drop a bit further to major support at/near 7.50.  I sold into the spike above 9.00, so I am buying in cheaper now.  Ye'2022 Book Value was: P19.15.  Tang. NW : 14.42.  PER is: 3.67,  Historic Yield: 3.36%, should be boosted, I suppose