Aankondiging • Mar 04
Great Eagle Holdings Limited, Annual General Meeting, May 12, 2026 Great Eagle Holdings Limited, Annual General Meeting, May 12, 2026. Aankondiging • Feb 13
Great Eagle Holdings Limited to Report Fiscal Year 2025 Results on Mar 03, 2026 Great Eagle Holdings Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Mar 03, 2026 Aankondiging • Aug 09
Great Eagle Holdings Limited to Report First Half, 2025 Results on Aug 26, 2025 Great Eagle Holdings Limited announced that they will report first half, 2025 results on Aug 26, 2025 Aankondiging • Feb 14
Great Eagle Holdings Limited to Report Fiscal Year 2024 Results on Mar 03, 2025 Great Eagle Holdings Limited announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Mar 03, 2025 Buy Or Sell Opportunity • Oct 01
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.3% to €1.36. The fair value is estimated to be €1.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Sep 26
First half 2024 earnings released: HK$1.32 loss per share (vs HK$0.64 profit in 1H 2023) First half 2024 results: HK$1.32 loss per share (down from HK$0.64 profit in 1H 2023). Revenue: HK$5.29b (up 4.2% from 1H 2023). Net loss: HK$985.9m (down 306% from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 17
Upcoming dividend of HK$0.37 per share Eligible shareholders must have bought the stock before 24 September 2024. Payment date: 15 October 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.4%). Reported Earnings • Aug 25
First half 2024 earnings released: HK$1.32 loss per share (vs HK$0.64 profit in 1H 2023) First half 2024 results: HK$1.32 loss per share (down from HK$0.64 profit in 1H 2023). Revenue: HK$5.29b (up 4.2% from 1H 2023). Net loss: HK$985.9m (down 306% from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Declared Dividend • Aug 23
First half dividend of HK$0.37 announced Shareholders will receive a dividend of HK$0.37. Ex-date: 24th September 2024 Payment date: 15th October 2024 Dividend yield will be 37%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (37% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. New Risk • Aug 22
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Paying a dividend despite being loss-making. Aankondiging • Aug 21
Great Eagle Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 15 October 2024 Great Eagle Holdings Limited announced interim dividend of HKD 0.37 per share for the six months ended 30 June 2024. Ex-dividend date is 24 September 2024. Record date is 03 October 2024. Payment date is 15 October 2024. Aankondiging • Aug 05
Great Eagle Holdings Limited to Report First Half, 2024 Results on Aug 21, 2024 Great Eagle Holdings Limited announced that they will report first half, 2024 results on Aug 21, 2024 Aankondiging • May 30
Great Eagle Holdings Limited Approves Final Dividend for the Year Ended 31 December 2023 Great Eagle Holdings Limited approved final dividend of HKD 50 cents per share for the year ended 31 December 2023. Upcoming Dividend • May 27
Upcoming dividend of HK$0.50 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 20 June 2024. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 7.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.0%). Reported Earnings • Apr 11
Full year 2023 earnings released: EPS: HK$1.02 (vs HK$0.24 loss in FY 2022) Full year 2023 results: EPS: HK$1.02 (up from HK$0.24 loss in FY 2022). Revenue: HK$10.6b (up 20% from FY 2022). Net income: HK$763.5m (up HK$944.9m from FY 2022). Profit margin: 7.2% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Aankondiging • Mar 07
Great Eagle Holdings Limited, Annual General Meeting, May 29, 2024 Great Eagle Holdings Limited, Annual General Meeting, May 29, 2024. Reported Earnings • Mar 07
Full year 2023 earnings released: EPS: HK$1.02 (vs HK$0.24 loss in FY 2022) Full year 2023 results: EPS: HK$1.02 (up from HK$0.24 loss in FY 2022). Revenue: HK$10.6b (up 20% from FY 2022). Net income: HK$763.5m (up HK$944.9m from FY 2022). Profit margin: 7.2% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Aankondiging • Mar 06
Great Eagle Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 20 June 2024 Great Eagle Holdings Limited proposed final dividend of HKD 0.5 per share for the year ended 31 December 2023 at its shareholders' meeting to be held on 29 May 2024. Ex-dividend date: 03 June 2024. Record date: 11 June 2024. Payment date: 20 June 2024. Buy Or Sell Opportunity • Feb 17
Now 23% overvalued Over the last 90 days, the stock has fallen 7.6% to €1.34. The fair value is estimated to be €1.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. New Risk • Feb 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (375% payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Aankondiging • Jan 30
Great Eagle Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 06, 2024 Great Eagle Holdings Limited announced that they will report fiscal year 2023 final results on Mar 06, 2024 Buy Or Sell Opportunity • Jan 24
Now 26% overvalued Over the last 90 days, the stock has fallen 6.7% to €1.39. The fair value is estimated to be €1.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Sep 15
Upcoming dividend of HK$0.37 per share at 6.3% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 13 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.4%). Reported Earnings • Aug 27
First half 2023 earnings released: EPS: HK$0.64 (vs HK$0.17 in 1H 2022) First half 2023 results: EPS: HK$0.64 (up from HK$0.17 in 1H 2022). Revenue: HK$5.08b (up 24% from 1H 2022). Net income: HK$478.7m (up 286% from 1H 2022). Profit margin: 9.4% (up from 3.0% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Aankondiging • Aug 26
Great Eagle Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 13 October 2023 Great Eagle Holdings Limited announced interim dividend of HKD 0.37 per share for the six months ended 30 June 2023. Ex-dividend date 22 September 2023, Record date 03 October 2023 and Payment date 13 October 2023. Aankondiging • May 19
Great Eagle Holdings Limited Approves Final Dividend for the Year Ended 31 December 2022 Great Eagle Holdings Limited at its AGM held on May 18, 2023 approved final dividend of HK50 cents per share for the year ended 31 December 2022. Upcoming Dividend • May 16
Upcoming dividend of HK$0.50 per share at 5.1% yield Eligible shareholders must have bought the stock before 23 May 2023. Payment date: 13 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.0%). Reported Earnings • Apr 06
Full year 2022 earnings released: HK$0.24 loss per share (vs HK$0.69 loss in FY 2021) Full year 2022 results: HK$0.24 loss per share (improved from HK$0.69 loss in FY 2021). Revenue: HK$8.88b (up 14% from FY 2021). Net loss: HK$181.4m (loss narrowed 64% from FY 2021). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 04
Full year 2022 earnings released: HK$0.25 loss per share (vs HK$0.69 loss in FY 2021) Full year 2022 results: HK$0.25 loss per share (improved from HK$0.69 loss in FY 2021). Revenue: HK$8.88b (up 14% from FY 2021). Net loss: HK$181.4m (loss narrowed 64% from FY 2021). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Jan 31
Great Eagle Holdings Limited to Report Fiscal Year 2022 Results on Mar 03, 2023 Great Eagle Holdings Limited announced that they will report fiscal year 2022 results on Mar 03, 2023 Aankondiging • Dec 29
Great Eagle Holdings Limited Appoints Ho Shut Kan as Independent Non-Executive Director The board of directors of Great Eagle Holdings Limited announced that Mr. Ho Shut Kan has been appointed as an Independent Non-executive Director of the Company and a member of each of the Audit Committee, Remuneration Committee and Nomination Committee of the Board with effect from 28 December 2022. Set out below are the personal details of Mr. Ho: Mr. Ho, aged 74, has over 40 years of experience in the property operations and real estate sector including leasing and managing residential, commercial and investment properties. Mr. Ho was Executive Director and Chief Executive Officer of Kerry Properties Limited (listed in Hong Kong) before his retirement in 2018. Mr. Ho currently is the Senior Advisor of Kerry Properties Limited. Mr. Ho holds a Master of Business Administration Degree from the University of East Asia. During the past three years, Mr. Ho was an Independent Non-Executive Director of Eagle Asset Management (CP) Limited, Champion Real Estate Investment Trust, of which the Company has an approximately 68.28% interests. Mr. Ho did not have any executive role in the REIT Manager and does not have any interest in Champion REIT. Save as disclosed above, Mr. Ho did not hold any directorship in other listed public companies in the three years preceding the date of this announcement or any position with the Company or other members of the Group. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 16% share price gain to €2.14, the stock trades at a trailing P/E ratio of 28.6x. Average forward P/E is 7x in the Real Estate industry in Germany. Total loss to shareholders of 6.7% over the past three years. Upcoming Dividend • Sep 16
Upcoming dividend of HK$0.33 per share Eligible shareholders must have bought the stock before 23 September 2022. Payment date: 13 October 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (5.5%). Aankondiging • Aug 30
Great Eagle Holdings Limited Announces Demise of Cheng Hoi Chuen, Vincent, an Independent Non-Executive Director Great Eagle Holdings Limited announced that Mr. Cheng Hoi Chuen, Vincent, an Independent Non-executive Director, the chairman of the Audit Committee and a member of the Remuneration Committee and Nomination Committee of the Company, passed away on 28 August 2022. Mr. Cheng had served the Board for over 27 years and made invaluable contributions to the development of the Company. Reported Earnings • Aug 28
First half 2022 earnings released: EPS: HK$0.17 (vs HK$1.09 loss in 1H 2021) First half 2022 results: EPS: HK$0.17 (up from HK$1.09 loss in 1H 2021). Revenue: HK$4.09b (up 15% from 1H 2021). Net income: HK$123.9m (up HK$907.8m from 1H 2021). Profit margin: 3.0% (up from net loss in 1H 2021). Over the next year, revenue is expected to shrink by 23% compared to a 47% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Aankondiging • Aug 27
Great Eagle Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 13 October 2022 Great Eagle Holdings Limited announced interim dividend of HKD 0.33 per share for the six months ended 30 June 2022. The dividend payable on 13 October 2022, with a record date of 03 October 2022. Aankondiging • Aug 16
Great Eagle Holdings Limited Announces Demise of Lee Siu Kwong, Ambrose, an Independent Non-Executive Director The board of directors of Great Eagle Holdings Limited announced with sorrow that Mr. Lee Siu Kwong, Ambrose an Independent Non-executive Director and a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company, passed away on 14 August 2022. Mr. Lee had been an Independent Non-executive Director of the Company since 2016 and made invaluable contributions to the Company during his tenure of office. The Board further expresses its deepest sorrow for his departure and conveys its heartfelt condolences to his family. Aankondiging • Jul 07
Great Eagle Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022 Great Eagle Holdings Limited announced that they will report first half, 2022 results on Aug 26, 2022 Aankondiging • May 21
Great Eagle Holdings Limited Announces Final Dividend for the Year Ended 31 December 2021, Payable on 21 June 2022 Great Eagle Holdings Limited announced final dividend of HKD 0.5 per share for the final dividend for the year ended 31 December 2021, payable on 21 June 2022. Ex-dividend date is 11 May 2022 and Record date is 18 May 2022. Upcoming Dividend • May 04
Upcoming dividend of HK$1.00 per share Eligible shareholders must have bought the stock before 11 May 2022. Payment date: 21 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 7.1%. Within top quartile of German dividend payers (4.1%). Higher than average of industry peers (4.1%). Reported Earnings • Apr 09
Full year 2021 earnings released: HK$0.69 loss per share (vs HK$11.95 loss in FY 2020) Full year 2021 results: HK$0.69 loss per share (up from HK$11.95 loss in FY 2020). Revenue: HK$7.83b (down 24% from FY 2020). Net loss: HK$499.0m (loss narrowed 94% from FY 2020). Over the next year, revenue is expected to shrink by 24% compared to a 34% decline forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 08
Great Eagle Holdings Limited Proposes Special Final Dividend Great Eagle Holdings Limited proposed special dividend of HK 50 cents per share at the to be held annual general meeting on May 5, 2022. Recent Insider Transactions • Mar 02
Executive Chairman & MD recently bought €398k worth of stock On the 28th of February, Ka Shui Lo bought around 177k shares on-market at roughly €2.25 per share. This was the largest purchase by an insider in the last 3 months. Ka Shui has been a buyer over the last 12 months, purchasing a net total of €7.0m worth in shares. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: HK$0.69 loss per share (up from HK$11.95 loss in FY 2020). Revenue: HK$7.83b (down 24% from FY 2020). Net loss: HK$499.0m (loss narrowed 94% from FY 2020). Revenue exceeded analyst estimates by 30%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 10
Great Eagle Holdings Limited to Report Fiscal Year 2021 Final Results on Feb 25, 2022 Great Eagle Holdings Limited announced that they will report fiscal year 2021 final results on Feb 25, 2022 Recent Insider Transactions • Dec 01
Non-Executive Director recently bought €1.1m worth of stock On the 25th of November, Ying Sui Lo bought around 500k shares on-market at roughly €2.30 per share. In the last 3 months, they made an even bigger purchase worth €2.3m. Insiders have collectively bought €9.7m more in shares than they have sold in the last 12 months. Upcoming Dividend • Sep 16
Upcoming dividend of HK$0.33 per share Eligible shareholders must have bought the stock before 23 September 2021. Payment date: 13 October 2021. Trailing yield: 5.6%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.0%). Recent Insider Transactions • Sep 08
Executive Chairman & MD recently bought €133k worth of stock On the 1st of September, Ka Shui Lo bought around 50k shares on-market at roughly €2.66 per share. In the last 3 months, there was an even bigger purchase from another insider worth €139k. Ka Shui has been a buyer over the last 12 months, purchasing a net total of €448k worth in shares. Recent Insider Transactions • Sep 02
Executive Chairman & MD recently bought €74k worth of stock On the 27th of August, Ka Shui Lo bought around 28k shares on-market at roughly €2.66 per share. In the last 3 months, there was an even bigger purchase from another insider worth €139k. This was Ka Shui's only on-market trade for the last 12 months. Reported Earnings • Aug 29
First half 2021 earnings released: HK$1.09 loss per share (vs HK$9.05 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: HK$3.57b (up 31% from 1H 2020). Net loss: HK$784.0m (loss narrowed 88% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jun 25
GM & Executive Director recently bought €139k worth of stock On the 21st of June, Tak Kwong Kan bought around 51k shares on-market at roughly €2.74 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €129k more in shares than they have sold in the last 12 months. Aankondiging • May 19
Great Eagle Holdings Limited Approves Special Final Cash Dividend for the Year Ended 31 December 2020, Payable on June 21, 2021 Great Eagle Holdings Limited at its AGM held on May 6, 2021, approved a special final dividend of 50 HK cents per Share for the year ended 31 December 2020 to the Shareholders whose names appear on the Registers of Members on 18 May 2021. The Special Final Dividend will be paid solely in the form of cash. Dividend warrants and share certificates in respect of the 2020 Final Dividend and the Special Final Dividend will be dispatched to the Shareholders on 21 June 2021. Aankondiging • May 07
Great Eagle Holdings Limited Declares Final Dividend Great Eagle Holdings Limited, at its AGM, held on May 6, 2021, declared the payment of a final dividend of 50 HK cents per share. Upcoming Dividend • May 04
Upcoming dividend of HK$1.00 per share Eligible shareholders must have bought the stock before 11 May 2021. Payment date: 21 June 2021. Trailing yield: 10%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (3.1%). Reported Earnings • Mar 28
Full year 2020 earnings released: HK$11.95 loss per share (vs HK$0.48 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: HK$10.3b (up 12% from FY 2019). Net loss: HK$8.54b (loss widened HK$8.20b from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 13
Executive Director recently sold €557k worth of stock On the 9th of March, Shik Pui Chu sold around 191k shares on-market at roughly €2.92 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €14m more than they sold in the last 12 months. Reported Earnings • Feb 28
Full year 2020 earnings released: HK$11.94 loss per share (vs HK$0.48 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: HK$10.3b (up 12% from FY 2019). Net loss: HK$8.54b (loss widened HK$8.20b from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 27
Great Eagle Holdings Limited, Annual General Meeting, May 06, 2021 Great Eagle Holdings Limited, Annual General Meeting, May 06, 2021. Is New 90 Day High Low • Feb 11
New 90-day high: €2.64 The company is up 17% from its price of €2.25 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is flat over the same period. Aankondiging • Feb 10
Great Eagle Holdings Limited to Report Fiscal Year 2020 Results on Feb 26, 2021 Great Eagle Holdings Limited announced that they will report fiscal year 2020 results on Feb 26, 2021 Is New 90 Day High Low • Jan 09
New 90-day high: €2.39 The company is up 22% from its price of €1.96 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 1.0% over the same period. Reported Earnings • Sep 26
First half earnings released Over the last 12 months the company has reported total losses of HK$9.01b, with earnings decreasing by HK$13.5b from the prior year. Total revenue was HK$7.26b over the last 12 months, down 27% from the prior year. Aankondiging • Jul 18
Great Eagle Holdings Limited to Report First Half, 2020 Results on Aug 27, 2020 Great Eagle Holdings Limited announced that they will report first half, 2020 results on Aug 27, 2020 
