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Viva Industrial Trust
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Sporeguy
Elite |
04-Dec-2015 12:30
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Just received the letter dated 28 nov from bank srs acct   to subscribe viva rights and today I must answer the bank. This is too much, only 1 day to do it. Anyone knows how to do it in 1 day? |
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treetops
Elite |
19-Nov-2015 08:16
Yells: "Moments Today, Memories Tomorrow!" |
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hfjdhy
Member |
27-Oct-2015 15:00
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IPO price 78 cents. In 2nd half of this year, In June 2015 (which is this year, the issued 80,347,100 new stapled securites at 78.5 cents. OCBC then was the placement agent. Just IPO and keep alloting new stapled securities. Current trading below IPO price and want to issue new stapled securities at 68.4 cents and float out 160,819,000 stapled securities.  This time let Mr Tong eat up all his unalloted shares if no one wants to subscribe. 
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ecekca
Elite |
27-Oct-2015 13:24
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FYI. Tong Jinquan is the main shareholder with 55% stake. Not much funds house are invested in this Would that be a red tape? |
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hfjdhy
Member |
27-Oct-2015 12:16
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Viva chut pattern again. interim distribution of 1.647 cents before the EGM just to pacify the stapled securities holders.  Once EGM go through, there will be a trading halt and will go downhill all the way to 68.4 cents based on the new issuance. |
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ecekca
Elite |
24-Oct-2015 12:38
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Dump this. in fact, dump all the industrial reits.. everything going down. |
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hfjdhy
Member |
24-Oct-2015 10:46
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Be careful of this one. Prior to that, they have also issued 2 tranches of stapled securities at 78.5 cents when the share was at a high of 84.5 cents. There was a trading halt until the shares are alloted and when the market opens, it fell from 83 cents to 79 cents within days. During that time, they will issue dividends to create a dividend yield of over 8% but current market situation and also constant dilution of stapled securities (via issuance of staple securities to their managers via management fees), dividend yield may not be sustainable.  |
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us9392
Member |
24-Oct-2015 00:39
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Viva Industrial Reit- To seek shareholders mandate for issue of up to 160,819,000 shares for gross proceeds of up to $110,000,000 .   With an implied price of 68.39 cents. .............run for cover?..........   |
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marubozu1688
Master |
23-Sep-2015 17:27
Yells: "Be humble in front of Mr. Market." |
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VIVA Industrial Trust Fundamental Analysis. The highest yield in Singapore REIT. http://mystocksinvesting.com/singapore-stocks/viva-industrial-trust/viva-industrial-trust-fundamental-and-technical-analysis/   |
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marubozu1688
Master |
02-Sep-2015 22:32
Yells: "Be humble in front of Mr. Market." |
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Viva Industrial Trust yield at 10% now! http://mystocksinvesting.com/singapore-reits/singapore-reit-fundamental-analysis-comparison-table-2-september-2015/ |
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us9392
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28-Aug-2015 23:08
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Buying pioneer road logistic building for $45 mio . Profoma DPU will dip to 6.1 cents Most likely will fund from borrowings or   issue of new shares ( > 60 mio new shares )  Yield hovering around 8.7 % at 70 cents price.   |
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us9392
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18-Aug-2015 02:00
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  This one on buying spree lately. Eventually may ask shareholders for more money. Tread with care.  |
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marubozu1688
Master |
02-Aug-2015 22:54
Yells: "Be humble in front of Mr. Market." |
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VIVA Industrial Trust 9.45% yield! Time to buy? http://mystocksinvesting.com/singapore-reits/singapore-reit-fundamental-analysis-comparison-table-2-august-2015/ |
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paul1688
Veteran |
25-May-2015 22:37
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From MayBank Kim Eng analyst: Joshua Tan 25 May 2015 Defensive with growth » Viva Industrial Trust?s portfolio is concentrated in business parks, factories, a hotel and warehouses. » 69% of Viva?s income is protected by long-term rental supports & master leases through FY18, earnings cyclicality is relatively lower amidst an industrial property supply glut. » Management expects FY14-17 DPU growth of 14-18% from AEI for Technopark @ Chai Chee & Jackson acquisitions, which implies FY16-17 yields of 9.0-9.9%. Long term leases to minimise earnings cyclicality. Viva has six properties in Singapore: two business parks at 72% of 1Q15 revenue, two factories (15.9%), one hotel (at 9.9%), and one warehouse (2.2%). Total NLA is 2.3m sf with a gross development value of SGD850m. With a weighted average land lease of 40.6 years and 69% of income locked in with rental support and longterm master leases, market views Viva as a defensive play through late 2018 amidst the backdrop of a glut in industrial capacity. With potential growth to boot Management has updated that planned asset enhancement at Technopark @ Chai Chee (31% revenue), will help anchor FY16 DPS growth. AEI will entail conversion of under-utilized carpark and business-park space into retail space. An anchor tenant agreement has since been signed with Decathlon, a global sports innovator and retailer. With AEI expected to complete by 4Q15, management believes that Technopark?s retail space and improved facilities will also have the potential to lift business-park occupancy as well as rental reversions. FY16-17 yields could expand to 9.0-9.9%. A SGD70m fund-raising exercise is expected in the near future. Even if we factor in potential dilution, investors could be looking forward to yields expanding from the current 8.4% in FY14 to 9.0- 9.9% range by FY16-17 ? this compares favourably against the current industrial SREIT sector of 6.5%. From FY19 onwards, yields are likely to dip to 9.0-9.3% as rental support for UE Biz Hub East ceases. Disclaimer : I am sharing. This is not a stock recommendation. |
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