LHN Limited: Unique Real Estate Equity Play?
Since time immemorial, there have been two rather straightforward business models when it comes to real estate: Rental and Development. For the case of rental specifically, you have tenants locked into lease contracts which more or less guarantees a steady cash flow from your rental properties, and that's exactly what LHN Limited (SGX: 41O) has been doing, dipping its fingers into some pretty special pies. Over time, I must admit that I've developed quite an inclination towards high recurring income and cash flow businesses, which naturally led LHN Limited to pique my curiousity. I'm always on the lookout for good deals in the market, and when I noticed the stock's price had plummeted a drastic 15% from a recent high of 0.4SGD to 0.34SGD as of writing this article, I just had to take an in-depth look to see if it's the next bargain buy in the Singapore market. Source: LHN Group Facebook Moving on, to give you some better insigh...