| Latest Forum Topics / OUE HTrust |
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OUE Hospitality Trust IPO Listing
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ipolaris
Senior |
29-Aug-2019 14:25
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Recently I sold my Singtel shares which were an odd lot of 177 only. I simply whatspp my remisier and she sold it within 1.5hr. No sweat. | ||||||||||||||||||||||||||||||||
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teeth53
Supreme |
28-Aug-2019 21:27
Yells: "don't learn through life, learn to grow with life " |
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Only your agent (remiser or broker) can buy / sell to come up with 100 share. Abit troublesome.
I sold my share to avoid selling odd share (in order not to hold to odd share) or else one have to buy odd share to top up to 100 share.
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teeth53
Supreme |
28-Aug-2019 21:17
Yells: "don't learn through life, learn to grow with life " |
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Odd share of less then 100 shares. One have to keep it for a long long time n or can chose to sell it, still one may still retain odd share. Abit troublesome keeping it.
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VINUASAM
Member |
28-Aug-2019 12:10
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Will it be better to sell off now than going into the troubles of forms/odd lots? | ||||||||||||||||||||||||||||||||
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WeiQiQi
Member |
28-Aug-2019 10:40
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Also to add:  Also From the timetable, it seems that I must complete and return the FORMS A & B to Boardroom by 5pm 13/9/19 --- during the period I am away. May I know what form is this. For the entitlement of cash payout?  | ||||||||||||||||||||||||||||||||
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WeiQiQi
Member |
28-Aug-2019 10:14
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would like to ask what happens if I end up with odd lots after the conversion since the formula is 1 OUEHT gets 1.3583 OUECT shares. eg I0,000 OUEHT will get 13583 shares. Is there any mechanism to top up to nearest hundred 15600 shares? I did not attend the EGM and also did not own Viva Industrial, so I am not sure what will happen. To make it worse, I will not be in singapore the whole of September.  Appreciate anyone who knows please reply. Thanks!!! |
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teeth53
Supreme |
26-Aug-2019 16:08
Yells: "don't learn through life, learn to grow with life " |
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Sold the week after EGM meet...no longer vested. Just info sharing.
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RickyCheng
Member |
26-Aug-2019 10:32
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This morning - OUE HTrust 0.720 OUE Com 0.505  Those who voted for the merger, grind your gum.  :-)   |
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RickyCheng
Member |
17-Aug-2019 10:07
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My post on 08 Aug 19 reproduced below.  Those who voted for the merger, grind your teeth.  :-) End of 16 Aug 19 - OUE HTrust 0.720 (-010) OUE Com 0.515 (-010) # A better perspective for not supporting the merger.  Extracts from: Fool.sg 12 Apr 19    In my view, because the new units of OUE Commercial REIT are being issued at a price well below the book value of the enlarged REIT, the deal looks unfavourable from the point of view of OUE Commercial REIT' s unitholders. Not only is OUE Commercial REIT paying a premium for OUE Hospitality Trust, but the new units issued will also end up lowering the enlarged REIT' s book value per unit. In addition, the enlarged REIT will have a higher gearing ratio than OUE Commercial REIT has currently. And although the deal is supposed to be DPU-accretive, the DPU accretion seems very minimal, in my view. probutteryfly.com 15 Apr 19 Existing OUE C-REIT unitholders will gain a small 1.88% DPU accretion but suffer a -12.88% NAV per Unit fall. Gearing will also marginally increase by 1.0% net from 39.3% to 40.3%. It is therefore likely that the market may adjust the valuation downwards to compensate by the decline in NAV per Unit. Based on the above comparison, existing OUE H-Trust unitholders will suffer a fall in DPU from 4.99c to 4.72c, a -5.42% fall. NAV per Unit would also fall -17.3% from 75c to 62c. Gearing would also increase 1.5% net from 38.8% to 40.3%. Similarly, the market could adjust downward to balance the increased valuation due to the decline in NAV per Unit. kpo-and-czm.blogspot.com 09 Apr 19 What this means for OUE  Hospitality Trust shareholders: - The " buyout" is at below book value/NAV - You got diluted/the dividend yield drops for the " same" investment What this means for OUE  Commercial REIT shareholders: - You got diluted big time as the NAV decreases by ~12.7% - The pro forma DPU shows an increase of 0.0341 to 0.0348 but 0.0341 is not the actual DPU for FY 2018. Unable to determine if it is truly  yield accretive as stated - Increase in gearing/leverage - Potential decrease in price because  OUE  Commercial REIT has almost never traded near book value/NAV. Using the pro forma NAV of $0.62 and assuming it trades around 0.8 PB (giving it a little premium due to larger and more diversified assets base), the share price will be around $0.496 mysweetretirement.com 09 Apr 19 As a dividend investor, I am very concern on the DPU accretion which after the merger does not seem so fantastic and in fact the post merger DPU seems flat to me. However, the cash consideration of S$0.04075 in cash per stapled security does appeal to me. Gearing ratio has increased to 40.3% which I deemed as high and leaves little headroom for further acquisition. As you can see below, the stock market also does not support this merger. Share price declines slightly from S$0.735 to S$0.72. And others.  You can google for it if keen. |
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TANPK123
Elite |
16-Aug-2019 23:10
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What's happening to this. Why dropping | ||||||||||||||||||||||||||||||||
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teeth53
Supreme |
16-Aug-2019 22:37
Yells: "don't learn through life, learn to grow with life " |
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Ex-Dividend (XD). Closed at 0.720. 
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teeth53
Supreme |
15-Aug-2019 23:08
Yells: "don't learn through life, learn to grow with life " |
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  OUE HTrust        Last Done (unchange)@0.73      Vol:1,665,600 mil shr changed hands. Trade Summary
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laksaman57
Supreme |
08-Aug-2019 00:09
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NAV trending down | ||||||||||||||||||||||||||||||||
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laksaman57
Supreme |
07-Aug-2019 23:37
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https://www.businesstimes.com.sg/companies-markets/oue-h-trust-posts-94-drop-in-q2-dps-to-106-s-cents
"For the six-month period, DPS worked out to 2.24 cents, down 7.8 per cent, while distributable income fell 7 per cent to S$41.1 million. Gross revenue was 3.7 per cent lower at S$61.08 million, while NPI eased 3.3 per cent to S$52.97 million." |
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ehclim
Elite |
07-Aug-2019 20:41
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I have both OUE HT and CR. I believe merger will enhance the share value since the enlarge OUE CR dpu will be increase. This is because most REIT investors are looking for DPU yield instead of the NAV.
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TANPK123
Elite |
07-Aug-2019 17:02
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What's the view for this. Will be bad?
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RickyCheng
Member |
07-Aug-2019 15:55
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Not supporting the merger. Reasons - https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.fool.sg/2019/04/12/oue-h-trust-and-oue-c-reit-merger-is-it-good-for-existing-oue-commercial-reit-unitholders/&ved=2ahUKEwjNxtG5o_DjAhUbbn0KHeBUCA4QFjAFegQIBhAH&usg=AOvVaw2d9m4JRyN4cHRFGr_i-O5K https://www.google.com/url?sa=t&source=web&rct=j&url=https://mysweetretirement.com/oue-hospitality-trust-and-commercial-reit-merger/&ved=2ahUKEwjdocbNo_DjAhWLWisKHfypDgc4ChAWMAJ6BAgHEAE&usg=AOvVaw1yDzJ85yJabHVUAG217w9g https://www.google.com/url?sa=t&source=web&rct=j&url=https://kpo-and-czm.blogspot.com/2019/04/another-bad-deal-merger-of-oue-commercial-reit-oue-hospitality-trust.html%3Fm%3D1&ved=2ahUKEwjdocbNo_DjAhWLWisKHfypDgc4ChAWMAN6BAgIEAE&usg=AOvVaw20TP-YPDXKJmM4bF7dN-Gy https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.probutterfly.com/blog/our-thoughts-on-the-oue-commercial-and-hospitality-trust-merger&ved=2ahUKEwjNxtG5o_DjAhUbbn0KHeBUCA4QFjAGegQIAxAB&usg=AOvVaw2y_7DnUk5kbHKZ1SmQ_c8U | ||||||||||||||||||||||||||||||||
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teeth53
Supreme |
26-Jul-2019 12:21
Yells: "don't learn through life, learn to grow with life " |
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Dialogue session by SIAS, OUE H-Trust n OUE C-Reit Registration start@6:30pm. Tuesday 30th July 2019 - 7pm - 9pm. (Pre-Registration is compulsory by Friday 26th July 2019) Held@Marine One Auditorium, 5 Straits View, Lvl 3, Marina One West Tower. EGM meet - Wednesday. 14th August 2019 | ||||||||||||||||||||||||||||||||
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lukewong82
Master |
18-Jun-2019 20:49
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u are correct :)
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saturn80
Member |
18-Jun-2019 17:56
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Long Term = KEEP.  Short Term = SELL |
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