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timothylim890 Veteran	23-Aug-2017 12:08        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Indeed. One of the best performing local REITs, 2nd highest yield just behind Soilbuild.  Took a breather over August but now back to 935 high. Slow and steady is much better than fast and furious. Still looking forward to re-valuation of VBP to bring down the stock' s slightly rich valuation. Morello      ( Date: 23-Aug-2017 12:04) Posted: impressive...back at 93.5 up 1 one of the best industrial reits in my book, with top yield timothylim890      ( Date: 02-Aug-2017 12:14) Posted: There' s real demand. Valuation getting a bit rich at ~1.18x P/B though. After they do a re-valuation of VBP post-AEI that should help bring down the P/B a bit and allow stock price more room to rise. Still, despite the Jackson Square issue Viva has done a great job securing new tenants and distributable income growth continues to be impressive
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Morello Veteran	23-Aug-2017 12:04        Morello About Contact  Quote this Post! Style: Combined   Mood: Yells: "In it for the long haul"
x 0   x 0  Alert Admin	impressive...back at 93.5 up 1 one of the best industrial reits in my book, with top yield timothylim890      ( Date: 02-Aug-2017 12:14) Posted: There' s real demand. Valuation getting a bit rich at ~1.18x P/B though. After they do a re-valuation of VBP post-AEI that should help bring down the P/B a bit and allow stock price more room to rise. Still, despite the Jackson Square issue Viva has done a great job securing new tenants and distributable income growth continues to be impressive. Morello      ( Date: 02-Aug-2017 10:00) Posted: Last done 92.5 up 1 within couple of days almost back to pre-XD px of 93.5 viva la ...VIVA!
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Clipper Member	02-Aug-2017 12:38        Clipper About Contact  Quote this Post!
x 0   x 0  Alert Admin	totally agreed. Although price has moved significantly after the Jackson square resolution and rental ' protection' , coupled wiht the VBP, a new concept compared to standard shopping mall, I believe VBP mall will attract good foot traffic and therefore allow Viva to increase mall rental rate revision. The fact that price holds fairly steady and up 1 cents one day after ex Div shows it is still in demand. Vested and looking forward to next qtr DPU.
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timothylim890 Veteran	02-Aug-2017 12:14        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	There' s real demand. Valuation getting a bit rich at ~1.18x P/B though. After they do a re-valuation of VBP post-AEI that should help bring down the P/B a bit and allow stock price more room to rise. Still, despite the Jackson Square issue Viva has done a great job securing new tenants and distributable income growth continues to be impressive. Morello      ( Date: 02-Aug-2017 10:00) Posted: Last done 92.5 up 1 within couple of days almost back to pre-XD px of 93.5 viva la ...VIVA!
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Morello Veteran	02-Aug-2017 10:00        Morello About Contact  Quote this Post! Style: Combined   Mood: Yells: "In it for the long haul"
x 0   x 0  Alert Admin	Last done 92.5 up 1 within couple of days almost back to pre-XD px of 93.5 viva la ...VIVA!
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laksaman57 Supreme	26-Jul-2017 10:42        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.theedgesingapore.com/viva-industrial-trust-posts-63-increase-2q-dps-1861-cents
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paul1688 Veteran	26-Jul-2017 09:22        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	VIT has announced a distribution of 1.861 Singapore cents per Stapled Security for the period from 1 April 2017 to 30 June 2017, comprising a taxable income of 1.561 Singapore cents per Stapled Security and a tax-exempt income of 0.300 Singapore cents per Stapled Security from Viva Industrial Real Estate Investment Trust (&ldquo VI-REIT&rdquo ).  Nice DPU growth Q on Q.
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timothylim890 Veteran	26-Jul-2017 09:11        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Another smashing quarter, now hovering at 93/935. Looks good for FY2017.
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timothylim890 Veteran	18-Jul-2017 15:29        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	I actually pass it via MRT on the way home from work. VBP seems quite busy, especially Decathlon. Saw the new Harvey Norman outlet sign on one of the blocks too. Morello      ( Date: 18-Jul-2017 15:26) Posted: Viva Business Park looks an itneresting destination..maybe will go there sometime.. Viva Business Park  The completion of the asset enhancement initiative (&ldquo AEI&rdquo ) lifts the level of committed leases for the total &ldquo white&rdquo space at Viva Business Park (&ldquo VBP&rdquo ) to more than 92%  First ever factory outlet in the electrical / computer / furniture / bedding retail industry in Singapore by Harvey Norman, taking up 38,500 sq ft on 2 floors  Viva Industrial Trust also welcomes Gorilla Climbing Gym, the largest indoor airconditioned rock-climbing facility in Singapore, to VBP  Completion of the AEI rejuvenates VBP as the &lsquo work-shop-dine-play&rsquo destination in the wider Bedok region with more community engagement activities in the pipeline  The Grand Opening of VBP has been scheduled on 16 August 2017
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Morello Veteran	18-Jul-2017 15:26        Morello About Contact  Quote this Post! Style: Combined   Mood: Yells: "In it for the long haul"
x 0   x 0  Alert Admin	Viva Business Park looks an itneresting destination..maybe will go there sometime.. Viva Business Park  The completion of the asset enhancement initiative (&ldquo AEI&rdquo ) lifts the level of committed leases for the total &ldquo white&rdquo space at Viva Business Park (&ldquo VBP&rdquo ) to more than 92%  First ever factory outlet in the electrical / computer / furniture / bedding retail industry in Singapore by Harvey Norman, taking up 38,500 sq ft on 2 floors  Viva Industrial Trust also welcomes Gorilla Climbing Gym, the largest indoor airconditioned rock-climbing facility in Singapore, to VBP  Completion of the AEI rejuvenates VBP as the &lsquo work-shop-dine-play&rsquo destination in the wider Bedok region with more community engagement activities in the pipeline  The Grand Opening of VBP has been scheduled on 16 August 2017
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timothylim890 Veteran	18-Jul-2017 15:09        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Unaudited 2Q results releasing on Monday morning before market opens (start of trading week, very positive indicator of good results). Hope to see good numbers as always! Viva has been doing very well for its shareholders, hope they continue to seek prudent growth and manage credit risks. paul1688      ( Date: 18-Jul-2017 14:03) Posted: Latest quarterly results assessment from RHB Viva has announced the completion of its AEI and the opening of Harvey Norman&rsquo s first ever factory outlet at VBP. We are positive on the rejuvenation of VBP (white space) and expect a positive spill-over effect on its business park component. Our checks also indicate healthy leasing interest for JS, which should lead to higher occupancy rates and mitigate investor concerns over the asset. additionally, a favourable ruling on the tax transparency treatment for rental support would lift our DPU estimates by ~3%. Maintain BUY, with a TP of SGD0.97 (from SGD0.85, 6% upside). Remarks : Vested. Sharing.  Not call to buy or sell.
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paul1688 Veteran	18-Jul-2017 14:03        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Latest quarterly results assessment from RHB Viva has announced the completion of its AEI and the opening of Harvey Norman&rsquo s first ever factory outlet at VBP. We are positive on the rejuvenation of VBP (white space) and expect a positive spill-over effect on its business park component. Our checks also indicate healthy leasing interest for JS, which should lead to higher occupancy rates and mitigate investor concerns over the asset. additionally, a favourable ruling on the tax transparency treatment for rental support would lift our DPU estimates by ~3%. Maintain BUY, with a TP of SGD0.97 (from SGD0.85, 6% upside). Remarks : Vested. Sharing.  Not call to buy or sell.
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sweetbear90 Member	10-Jul-2017 18:01        sweetbear90 About Contact  Quote this Post!
x 0   x 0  Alert Admin	congrats, that is a new 52w high!
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Morello Veteran	10-Jul-2017 17:09        Morello About Contact  Quote this Post! Style: Combined   Mood: Yells: "In it for the long haul"
x 0   x 0  Alert Admin	closed @ 90.5
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Morello Veteran	24-Jun-2017 13:31        Morello About Contact  Quote this Post! Style: Combined   Mood: Yells: "In it for the long haul"
x 0   x 0  Alert Admin	looking good to hit maybank-ke target Chua Su Tye Maybank Kim Eng | http://www.maybank-ke.com.sg/ 2017-05-23 Maybank Kim Eng SGX Stock Analyst Report BUY Maintain BUY 0.95 VIVA INDUSTRIAL TRUST T8B.SI Viva Industrial Trust (VIT SP) - Sound Resolution   Swift settlement, BUY  Viva has swiftly resolved its Jackson Square (JS) issue to settle for compensation, and remains entitled to a rental support bank guarantee as well as additional security deposits, with the termination of its facilities management agreement with Jackson International Pte Ltd (JIPL). This outcome is positive and should alleviate earlier concerns on near-term vacancy risks at JS arising from the JIPL subsidiary tenants. We raise FY18 DPU estimates by 5% and our DDM-based TP to SGD0.95. With 27% total return upside, we reiterate BUY. Update on Jackson Square  Viva reported that it has reached a full and final settlement with Jackson International Pte Ltd (JPIL), resulting in the termination of its facilities management agreement at the Jackson Square (JS) property, which was acquired in Nov 2014.  Viva in turn receives SGD1m from JPIL and remains at liberty to call upon the SGD3.87m rental support bank guarantee in the absence of the rental support at JS.  In addition, JPIL and its subsidiaries will now provide SGD1.73m in security deposits (equivalent to 12 months rental) to maintain their leases at JS. Positive outcome, vacancy-risk concerns alleviated  The development is positive for Viva, given a swift resolution to the issue at JS which had originated from a liquidation notice received by JPIL a month earlier (on 23 Apr).  Importantly it should dispel concerns on near-term vacancy risks arising from the possible exit of JPIL subsidiary tenants, at 24% of the NLA (19% of gross rental income).  Management further shared that leasing activities to back-fill the remaining vacancies at JS due to McDermott are progressing well. Raised DPU, new TP at SGD0.95  We adjusted our model assumptions to factor in higher occupancies at JS in FY18E, and raised earnings by 5%.  We see upside risks from our rental estimates on its two business park assets. For now, our DDM-based TP rises to SGD0.95, implying 27% total return upside.  Maintain BUY. Swing Factors   Upside Earlier-than-expected pick-up in leasing demand driving improvement in occupancy. Better-than-anticipated rental reversion trend. Accretive acquisitions. Downside Prolonged slowdown in economic activity could reduce demand for industrial space, resulting in lower occupancy and rental rates. Termination of long-term leases contributing to weaker portfolio tenant retention rate. Expiry of rental support mechanisms without corresponding rental reversion uplift from Nov 2018. Sharper-than-expected rise in interest rates could increase cost of debt and negatively impact earnings, with higher cost of capital lowering valuations.
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timothylim890 Veteran	20-Jun-2017 16:17        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Indeed price has been on a very nice steady climb over the past few months. Hope management continues to work hard to maintain/improve distributions and also find a new tenant for JS although loss of revenue does not impact earnings significantly. Also Viva has notable concentration risk in its business parks. They account for more than half total portfolio valuation and > 60% of revenue. However, given low supply of business park space in Singapore in 2017 and 2018 and completion of AEI at VBP, hope to see continued high occupancy and rising rental revenue from them. Viva is no longer cheap at about 1.09 P/B, but no issue to continue holding given the generous dividends. Key risks are Jackson Square and $100m in notes coming due in 2018. Morello      ( Date: 20-Jun-2017 16:09) Posted: Another all time high...86.5 divi swee price also swee
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Morello Veteran	20-Jun-2017 16:09        Morello About Contact  Quote this Post! Style: Combined   Mood: Yells: "In it for the long haul"
x 0   x 0  Alert Admin	Another all time high...86.5 divi swee price also swee
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timothylim890 Veteran	28-Apr-2017 09:11        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Another very good set of results this quarter: YOY Gross revenue up 24.9%, net property income up 28.8%, distributable income up 25.9%, quarterly DPS up 13.2%. Now hope management is working hard settling legal issue with Jackson (if any) and finding a new tenant for Jackson Square! paul1688      ( Date: 28-Apr-2017 08:18) Posted: Nice. Viva announced distribution of 1.854 Singapore cents per Stapled Security for the Stapled Securities trading under the main VIT stock counter for the period from 1 January 2017 to 31 March 2017, comprising a taxable income of 1.581 Singapore cents per Stapled Security and a tax-exempt income of 0.273 Singapore cents per Stapled Security from Viva Industrial Real Estate Investment Trust (?VI-REIT?).
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paul1688 Veteran	28-Apr-2017 08:18        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nice. Viva announced distribution of 1.854 Singapore cents per Stapled Security for the Stapled Securities trading under the main VIT stock counter for the period from 1 January 2017 to 31 March 2017, comprising a taxable income of 1.581 Singapore cents per Stapled Security and a tax-exempt income of 0.273 Singapore cents per Stapled Security from Viva Industrial Real Estate Investment Trust (?VI-REIT?).
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sweetbear90 Member	19-Apr-2017 09:46        sweetbear90 About Contact  Quote this Post!
x 0   x 0  Alert Admin	has slowly crept up to 81 cents to reach a new 52 w high. Maybank' s target of 95 cents seems like a tall order. any other analysts covering this REIT?
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