| Latest Forum Topics / Sasseur Reit Last:0.665 -- |
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Sasseur REIT Latest News
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chengwh1
Elite |
05-Mar-2020 16:55
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Just logged-on and saw this. Glad that my calculations are right,... my TA...... Sasseur opened this morning at $0.775. Hoping can replicate this skill over to other ctrs and repeat the process continuously !
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chengwh1
Elite |
01-Mar-2020 22:40
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Not yet,... the mgr would announce prior to re-opening. But businesses are starting to re-open now, and President Xi has started urging economic activities to resume in China,... so, it will just be a matter of days from now. Started closing on Jan 15 !
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SteadyInvest
Member |
29-Feb-2020 15:41
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Have they reopen their malls yet ?  Anyway, their next quarter is not going to be pretty
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chengwh1
Elite |
29-Feb-2020 12:19
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May drop to $0.775 on Mar 5 !
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LionInvestments
Member |
27-Feb-2020 15:37
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that will be decided by the local governments. Since the malls are not in the most heavily affected provinces I would expect over the next few weeks they should gradually start to reopen, given the push of Xi to put the country back to work. However manpower shortages due to local quarantine periods for migrant labour and transport disruptions may continue to disturb normal operation of the malls for a while even after they are reopened......
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patient168
Senior |
27-Feb-2020 10:21
Yells: "patience is the key to winning" |
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Anyone has idea when their outlets will open again? | ||||
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Octavia
Supreme |
21-Feb-2020 09:51
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Dividend:$0.01629 Ex-date:05Mar2020 Payable:26Mar2020 |
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brchkho1
Master |
20-Feb-2020 08:54
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The following is an extract of the result announcement: " As announced on 28 January 2020, the Sponsor has temporarily closed the four outlet malls in Sasseur REIT&rsquo s portfolio since 26 January 2020 for Chongqing and Bishan, and since 27 January 2020 for Hefei and Kunming. The measures are to safeguard the health and safety of its staff and customers, and to comply with guidelines of the relevant authorities in China. Sasseur REIT will continue to work closely with the local and central governments to coordinate the recommencement of work and quick resumption of business operations when it is deemed suitable to do so. Due to the timing of the Chinese New Year break (in late January) and mall closures of about three weeks thus far, Management expects that sales for the first quarter of FY 2020 (&ldquo 1Q 2020&rdquo ) will be affected. However, given that Sasseur REIT&rsquo s EMA rental model protects the REIT with a fixed income component, the impact on total distributable income will be mitigated. Sasseur REIT is mindful of the challenges posted by the COVID-19 situation and will continue to monitor the situation closely. Overall, we remain positive on the fundamentals for the outlet business in China. "
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brchkho1
Master |
20-Feb-2020 08:48
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Result is out. Q 4 Income distribution of 1.629 cts similar to all the past 3 Qs. Q1, Q2 and Q3 were 1.656, 1.608 and 1.640 respectively.  Total Income distribution for FA19 6.533 cts yielded 8.115% based on yesterday' s losing price of $0.805. Last year same period, there was a Capital distribution of 3.541 cts instead of Income distribution. Many may take it as a drop in distribution without looking into details.
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SteadyInvest
Member |
19-Feb-2020 13:56
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this coming result should not be affected by the temp closure as the reporting quarter is til end dec 2019 | ||||
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prophetjul
Master |
19-Feb-2020 13:20
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Tomorrow is the release of    the fourth quarter and financial year ended 31 December 2019. What is the expecations?    This temporary closure of the malls is becoming serious.  |
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SgYuan
Supreme |
18-Feb-2020 22:06
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truncated w5 and crash dn
ew 790 w3 915 w4 875 w5 920 wabc crash to 775 - scary ew 775 840 w2? w1 65 w2 40 tgt 800 - px hit 790 - px need to be supported else wave c continue w3 ? |
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brchkho1
Master |
18-Feb-2020 21:46
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Will pick up somemore if it goes lower. 
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chengwh1
Elite |
18-Feb-2020 17:15
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Why did this retreat, bro ? I have not discovered any new ann' ts or news pertaining to Sasseur. Just the standard daily Covid-19 updates from China and the rest of the world.
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teeth53
Supreme |
18-Feb-2020 15:02
Yells: "don't learn through life, learn to grow with life " |
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Were hoping to pick some after news break on covid-19, the low is ard 0.785, now currently trading 0.795 to 0.800. Very steady.
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chengwh1
Elite |
12-Feb-2020 14:29
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Frankly, I' d preferred a strong SGD and have the REIT mgrs here do proper hedging.
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patient168
Senior |
10-Feb-2020 16:34
Yells: "patience is the key to winning" |
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Thanks to weakness Sing$ supporting this as well as EC World.
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teeth53
Supreme |
10-Feb-2020 16:29
Yells: "don't learn through life, learn to grow with life " |
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Stay strong n steady. | ||||
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chengwh1
Elite |
08-Feb-2020 18:55
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Closed -0.6% down yesterday. SGD 0.820. The smallest gap-down among my observed REITs and shares. Elite Comm GBP and Netlink NBN Trust closed in the green. |
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patient168
Senior |
07-Feb-2020 11:16
Yells: "patience is the key to winning" |
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Quietly clamp up to its glory day.. | ||||
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