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BillionX Senior	23-Nov-2017 13:06        BillionX About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let' s hope the talk that ESR Reit buyout Sabana and inject new management and funds to rejuvenate this Reit.Perhaps the sell down is a preclude to the takeover???
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LousyTrader Member	23-Nov-2017 00:09        LousyTrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like speculative trades only. I emailed their investor relations asking if there's any update or timeline for this strategic review a few days back, but I have not heard from them till now. Really rarely seen such speed in response.
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BillionX Senior	21-Nov-2017 09:36        BillionX About Contact  Quote this Post!
x 0   x 0  Alert Admin	Does anyone know why the price of Sabana Reit is falling?
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chengwh1 Elite	03-Nov-2017 20:01        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1) and 2) happening does not do much good to the dpu or unit price which is what unitholders would want to have. Perhaps 3) is something good, and may save other REITs,.... unitholders' other investments in REIT ctrs,... junction      ( Date: 03-Nov-2017 14:10) Posted: The Saga of removing the reit manager has resulted in some positives 1. The reit manager was corned and he finally had to resign 2. He dubious acquisition of Changi properties was annulled 3. Other similar lousy reit managers will think twice before following in the footsteps of the previous Sabana manager.   chengwh1      ( Date: 17-Oct-2017 12:22) Posted: In that EGM a few months ago,... we shld have sealed their fate and threw them out,... really time-wasting, all these,... This Sabana REIT thing reflects the behaviour of the ways across the causeway,... delaying and delaying,... keep hoping the problems will solve themselves,... in the meantime, the ' smarter ones' up there will plunder all they can while we keep hoping,... that' s the behaviour there,... and here now with Sabana REIT.... Maybe Sabana REIT should have listed in a nearby country/bourse instead.
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laksaman57 Supreme	03-Nov-2017 14:44        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	...he only leave end December. Will 4Q nav up/down ? laksaman57      ( Date: 03-Nov-2017 14:19) Posted: Unfortunately reit mgr isn't a one-man team. junction      ( Date: 03-Nov-2017 14:10) Posted: The Saga of removing the reit manager has resulted in some positives 1. The reit manager was corned and he finally had to resign 2. He dubious acquisition of Changi properties was annulled 3. Other similar lousy reit managers will think twice before following in the footsteps of the previous Sabana manager.
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laksaman57 Supreme	03-Nov-2017 14:19        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Unfortunately reit mgr isn't a one-man team. junction      ( Date: 03-Nov-2017 14:10) Posted: The Saga of removing the reit manager has resulted in some positives 1. The reit manager was corned and he finally had to resign 2. He dubious acquisition of Changi properties was annulled 3. Other similar lousy reit managers will think twice before following in the footsteps of the previous Sabana manager.   chengwh1      ( Date: 17-Oct-2017 12:22) Posted: In that EGM a few months ago,... we shld have sealed their fate and threw them out,... really time-wasting, all these,... This Sabana REIT thing reflects the behaviour of the ways across the causeway,... delaying and delaying,... keep hoping the problems will solve themselves,... in the meantime, the ' smarter ones' up there will plunder all they can while we keep hoping,... that' s the behaviour there,... and here now with Sabana REIT.... Maybe Sabana REIT should have listed in a nearby country/bourse instead.
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junction Master	03-Nov-2017 14:10        junction About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Saga of removing the reit manager has resulted in some positives 1. The reit manager was corned and he finally had to resign 2. He dubious acquisition of Changi properties was annulled 3. Other similar lousy reit managers will think twice before following in the footsteps of the previous Sabana manager.   chengwh1      ( Date: 17-Oct-2017 12:22) Posted: In that EGM a few months ago,... we shld have sealed their fate and threw them out,... really time-wasting, all these,... This Sabana REIT thing reflects the behaviour of the ways across the causeway,... delaying and delaying,... keep hoping the problems will solve themselves,... in the meantime, the ' smarter ones' up there will plunder all they can while we keep hoping,... that' s the behaviour there,... and here now with Sabana REIT.... Maybe Sabana REIT should have listed in a nearby country/bourse instead.
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laksaman57 Supreme	03-Nov-2017 13:54        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Missed opportunity to unlock GOOD value at that time. Now with falling NAV, not much will be left to unlock. if got interested buyer, strategic review won't have taken so long without a hint of update from the mgt team. Truly good/bad mgt in reit made all the diff. chengwh1      ( Date: 03-Nov-2017 11:40) Posted: Repeating the below,..... yes, the exercise was futile and time-wasting,... in future actions of this nature against ANY OTHER REITs, we must take decisive actions,.....otherwise, the other REIT Managers  will also say : aiya,... no problem-lar, just go for the meeting and ' suffer' some scoldings from unitholders, after that, things will be back to normal and we can take our dividends in cash, even better if they don' t allow us to take units because can' t issue units anymore,.... Haha,... Sabana REIT' s event is emulating some of Bursa' s counters now,.... saw the exact same thing in the other ctry,... after some public parites lost money, the ' masterminds' just go to the mkt, ' suffer' some abuses and then that' s about it,... moneyin the pocket already,... FGV, 1MDB,.... chengwh1      ( Date: 17-Oct-2017 12:22) Posted: In that EGM a few months ago,... we shld have sealed their fate and threw them out,... really time-wasting, all these,... This Sabana REIT thing reflects the behaviour of the ways across the causeway,... delaying and delaying,... keep hoping the problems will solve themselves,... in the meantime, the ' smarter ones' up there will plunder all they can while we keep hoping,... that' s the behaviour there,... and here now with Sabana REIT.... Maybe Sabana REIT should have listed in a nearby country/bourse instead.
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laksaman57 Supreme	03-Nov-2017 11:41        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	He quitted New trend seem to form ... falling nav BillionX      ( Date: 03-Nov-2017 11:11) Posted: What has happen to the EGM to remove the CEO Kevin? Is there any progress or is this another exercise in futility?
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chengwh1 Elite	03-Nov-2017 11:40        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Repeating the below,..... yes, the exercise was futile and time-wasting,... in future actions of this nature against ANY OTHER REITs, we must take decisive actions,.....otherwise, the other REIT Managers  will also say : aiya,... no problem-lar, just go for the meeting and ' suffer' some scoldings from unitholders, after that, things will be back to normal and we can take our dividends in cash, even better if they don' t allow us to take units because can' t issue units anymore,.... Haha,... Sabana REIT' s event is emulating some of Bursa' s counters now,.... saw the exact same thing in the other ctry,... after some public parites lost money, the ' masterminds' just go to the mkt, ' suffer' some abuses and then that' s about it,... moneyin the pocket already,... FGV, 1MDB,.... chengwh1      ( Date: 17-Oct-2017 12:22) Posted: In that EGM a few months ago,... we shld have sealed their fate and threw them out,... really time-wasting, all these,... This Sabana REIT thing reflects the behaviour of the ways across the causeway,... delaying and delaying,... keep hoping the problems will solve themselves,... in the meantime, the ' smarter ones' up there will plunder all they can while we keep hoping,... that' s the behaviour there,... and here now with Sabana REIT.... Maybe Sabana REIT should have listed in a nearby country/bourse instead.
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BillionX Senior	03-Nov-2017 11:11        BillionX About Contact  Quote this Post!
x 0   x 0  Alert Admin	What has happen to the EGM to remove the CEO Kevin? Is there any progress or is this another exercise in futility?
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laksaman57 Supreme	31-Oct-2017 15:38        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Strategic review just taking to long without update 😤
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laksaman57 Supreme	24-Oct-2017 12:30        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1Q2017 nav 60cts 3Q2017 nav 57cts
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chengwh1 Elite	24-Oct-2017 10:59        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As I am browsing through the presentation slides this morning,... I saw the following tiny prints on Slide 7  :- (2) For 3Q2017, the Manager received 100% its fees fully in cash as the ordinary resolution to authorise the Manager to issue units and to make or grant convertible instruments was not passed at the Annual General Meeting held on 28 April 2017. Without the general mandate to issue new units, the Manager is not able to continue to receive 80.0% of its base fee in units and has to receive its fees fully in cash from 1Q2017 onwards.The DPU for 3Q2017 of 0.79 cents would have instead been approximately 0.88 cents had the Manager been able to continue receiving 80.0% of its base fee in units. ------------------------------------- The above is signalling to me that if unitholders do not allow them to issue units, then whatever fees due to them will ALL be taken in cash, hence,... lowering our distributable income and subsequently, our dpu. Just look at their calculations above : IF they had been given the right to issue new units,... then we would have instead received 0.88c instead of just 0.79c, ie we would have received 0.10c more. BUT : if we had allowed them to issue more units during the AGM, they would have issued a lot more and this more issuance will AGAIN dilute our dpu !!!!!!!!!!!! This has been experienced when they tried to do that acquisition back then, which left or right,... would have diluted our dpu as calculated in their assumptions..... HENCE,... unitholders,.....EITHER WAY ALSO WILL DILUTE OUR DPU. EITHER WAY ALSO WE LOSE !!!!!!
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laksaman57 Supreme	24-Oct-2017 10:36        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Never ending strategic review .....
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chengwh1 Elite	24-Oct-2017 10:19        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well,...........everybody preferred to wait, and to GIVE A CHANCE to the current manager, right ????????????? Then must endure this-lar,... Maybe unitholders already knew,... Just  being sympathetic towards  those who did not know,... and those who are truly sincere in wanting to give this mgr a chance,...
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laksaman57 Supreme	23-Oct-2017 19:57        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bingo DPU fell to 0.79cts 😂
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laksaman57 Supreme	21-Oct-2017 14:47        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	M&C valuation based on earning 😨 instead of nav http://www.straitstimes.com/business/cdl-moves-to-quell-ire-over-mc-offer-price
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chengwh1 Elite	17-Oct-2017 12:22        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	In that EGM a few months ago,... we shld have sealed their fate and threw them out,... really time-wasting, all these,... This Sabana REIT thing reflects the behaviour of the ways across the causeway,... delaying and delaying,... keep hoping the problems will solve themselves,... in the meantime, the ' smarter ones' up there will plunder all they can while we keep hoping,... that' s the behaviour there,... and here now with Sabana REIT.... Maybe Sabana REIT should have listed in a nearby country/bourse instead.
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laksaman57 Supreme	16-Oct-2017 15:32        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	With this mgt team, think dpu going to fall again even as mfg sector growing. May as well progressively sell properties to others who can better use the properties.
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