logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   681-700 of 786   Older>   Last  
Latest Forum Topics / Lendlease Reit    Last:0.56 --  Post Reply
Lendlease Global REIT
Laurenpanna
Veteran
15-May-2020 10:06     
 
Laurenpanna About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		i bought it during IPO time at 0.88.
still holding.
In fact , i am thinking of buying more at current rates to Average out.

alfredx      ( Date: 14-May-2020 19:09) Posted:

But take a look at recently BB keep selling it stake or holding.. Wonder why also.. Like Ocbc, temasek also reduce their stake.. Quite piss off when saw those announcement.. I have 20lots at 80cents.. Wonder should I cut lose..

drwealthz      ( Date: 14-May-2020 17:13) Posted:

Quite resilient today. 


 Useful To Me  Not Useful To Me
drwealthz
Senior
15-May-2020 10:03     
 
drwealthz About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		If you can hold, the future dont look bad bah. Their property quite hot and good footfall leh - mostly middle class, the spenders.  Can go see financial bloggers, their opinion, and dbs criteria for whether a reit is strong. 

alfredx      ( Date: 14-May-2020 19:09) Posted:

But take a look at recently BB keep selling it stake or holding.. Wonder why also.. Like Ocbc, temasek also reduce their stake.. Quite piss off when saw those announcement.. I have 20lots at 80cents.. Wonder should I cut lose..

drwealthz      ( Date: 14-May-2020 17:13) Posted:

Quite resilient today. 


 Useful To Me  Not Useful To Me


alfredx
Senior
14-May-2020 19:09     
 
alfredx About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		But take a look at recently BB keep selling it stake or holding.. Wonder why also.. Like Ocbc, temasek also reduce their stake.. Quite piss off when saw those announcement.. I have 20lots at 80cents.. Wonder should I cut lose..

drwealthz      ( Date: 14-May-2020 17:13) Posted:

Quite resilient today. 

 Useful To Me  Not Useful To Me
drwealthz
Senior
14-May-2020 17:13     
 
drwealthz About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Quite resilient today. 
 Useful To Me  Not Useful To Me
drwealthz
Senior
13-May-2020 01:07     
 
drwealthz About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		To infinity and beyond. Start engine liao
 Useful To Me  Not Useful To Me


drwealthz
Senior
30-Apr-2020 18:00     
 
drwealthz About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Haha... see whether pple go Somerset 313 shop shop lor. 

Will be interesting to see how this stock moves with the other retail reits. So far too little info.

zyer89      ( Date: 30-Apr-2020 17:49) Posted:

All other rise this one still stagnant :/
 Useful To Me  Not Useful To Me
zyer89
Member
30-Apr-2020 17:49     
 
zyer89 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		All other rise this one still stagnant :/
 Useful To Me  Not Useful To Me
drwealthz
Senior
27-Apr-2020 21:35     
 
drwealthz About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Wait for CB to end, then catch the boat 
 Useful To Me  Not Useful To Me


francisd
Master
27-Apr-2020 11:36     
 
francisd About Contact  Quote this Post! Style: Combined   Mood: excited
Yells: "BUY LOW SELL HIGH"
  x 0
  x 0

 Alert Admin 		With this info here...the counter is not moving upward much and also the volumes aren' t there.
I should stop watching now I presume.

Cheers

Joelton      ( Date: 10-Apr-2020 13:06) Posted:

Lendlease Global Reit withdraws profit and distribution forecasts for FY20 and FY21

THU, APR 09, 2020 - 11:05 PM

LENDLEASE Global Commercial Reit (Lendlease Global Reit) on Thursday said that it is withdrawing its profit and distribution forecasts for the financial years ending June 30, 2020 and June 30, 2021 as set out in its initial public offering (IPO) prospectus. Its move was triggered by its portfolio being hit by the Covid-19 outbreak.   

The manager said that due to the various measures enforced by the Singapore government in response to the outbreak, there will be an impact on the contribution by 313@somerset to the Reit&rsquo s distributable income from April 2020.

Lendlease Global Reit had initially forecast a loss of S$15.6 million and a distribution per unit (DPU) of 3.82 Singapore cents for FY2020, and a profit of S$45.1 million and DPU of 5.29 Singapore cents for FY2021.

The manager added that Sky Italia, which leases 100 per cent of Sky Complex, has to date made all its rental payments in a timely manner. It contributed 33.9  per cent of the Reit&rsquo s net property income for the period from its listing date Oct 2 to Dec 31, 2019.

As at Dec 31, 2019,  Lendlease Global Reit had a gearing ratio of 34.9 per cent and a cash balance of S$88.5 million. Its weighted average running cost of debt was 0.86 per cent per annum, with an interest coverage ratio at 10.8 times.

The Reit&rsquo s borrowings are fully hedged with no debt maturities until its financial year ending June 30, 2023. Its weighted average debt maturity was 3.6 years.

Separately, CDL Hospitality Trusts (CDLHT) said on Thursday that it has extended the operations of Novotel Singapore Clarke Quay by another three months due to demand for its rooms to be used for isolation purposes during the pandemic.

The hotel was initially meant to cease operations early this month, with its lease agreement to be terminated on April 23. 

Following the extension, the hotel is expected to cease operations only in early July,  and the completion of the divestment is expected to take place some time in July 2020.

The completion of the W Singapore &ndash Sentosa Cove (W Hotel) acquisition will similarly be postponed to July.

As at March 31, 2020, CDLHT' s gearing was about 37.3 per cent and its cash reserves stood at  about S$100 million, which does not include amounts that can be drawn on under its committed revolving credit facility line.

The cash reserves do not include the net cash inflow expected on the completion of the divestment of Novotel Singapore Clarke Quay and the acquisition of W Hotel.

A total of 6.4 billion yen (about S$83 million) or the equivalent of 7.5 per cent of its total borrowings mature in September. Discussions are underway for the refinancing of debt.

CDLHT is utilising this period of low occupancy to carry out critical guest-related asset-enhancement works, while deferring non-essential capital expenditures.

In an update on Thursday, Ascott Residence Trust (ART) said 15 out of its 88 properties have temporarily closed, either in response to government mandates and health recommendations, or to optimise resources.

Among its markets with higher transient demand, Australia, Japan, Europe and the US experienced a greater decline in occupancy in March, while properties catering to the longer-stay segment in countries like China, Vietnam and Singapore were less badly hit.

Alternative sources of revenue during this period have been pursued, including providing accommodation to those on self-isolation, healthcare personnel on the frontline, workers looking for alternate work-from-home locations and workers affected by border shutdowns.

The managers said they expect ART&rsquo s financial performance to be adversely impacted, prompting a potential review of the distributions to stapled securityholders &ldquo at a level determined to be prudent&rdquo .

They added that ART has the financial capacity to weather the downturn.

&ldquo We started the year on firm financial footing, with a relatively low gearing of 33.6 per cent and a well-staggered debt-maturity profile. In addition, there is sufficient cash on hand to meet our current operating requirements and unutilised credit facilities, which we can draw down on in times of need.&rdquo

ART does not foresee issues in refinancing the debt maturing in 2020.

With the completion of the divestment of partial gross floor area in Somerset Liang Court Singapore expected this year, ART will receive about S$163 million in cash proceeds.

Lendlease Global Reit' s counter closed at 53.5 Singapore cents on Thursday, up 3.5 Singapore cents or 7 per cent.

CDLHT' s counter closed at 89.0 Singapore cents, up 7.5 Singapore cents or 9.2 per cent.

ART' s counter closed at 85.5 Singapore cents, up 7.5 Singapore cents or 9.62 per cent.

https://www.businesstimes.com.sg/companies-markets/lendlease-global-reit-withdraws-profit-and-distribution-forecasts-for-fy20-and

 Useful To Me  Not Useful To Me
drwealthz
Senior
27-Apr-2020 10:15     
 
drwealthz About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		If capitaland mall is gaining, not sure if this will follow suit. Some say orchard is dying. 
 Useful To Me  Not Useful To Me
francisd
Master
27-Apr-2020 09:35     
 
francisd About Contact  Quote this Post! Style: Combined   Mood: excited
Yells: "BUY LOW SELL HIGH"
  x 0
  x 0

 Alert Admin 		Yes...3Q results coming out on 05/05/20 I understand.
Watch out..

Cheers.
 

drwealthz      ( Date: 24-Apr-2020 17:09) Posted:

anybody watching this counter? 

 Useful To Me  Not Useful To Me
drwealthz
Senior
24-Apr-2020 17:09     
 
drwealthz About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		anybody watching this counter? 
 Useful To Me  Not Useful To Me


Joelton
Supreme
10-Apr-2020 13:06     
 
Joelton About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

Lendlease Global Reit withdraws profit and distribution forecasts for FY20 and FY21

THU, APR 09, 2020 - 11:05 PM

LENDLEASE Global Commercial Reit (Lendlease Global Reit) on Thursday said that it is withdrawing its profit and distribution forecasts for the financial years ending June 30, 2020 and June 30, 2021 as set out in its initial public offering (IPO) prospectus. Its move was triggered by its portfolio being hit by the Covid-19 outbreak.   

The manager said that due to the various measures enforced by the Singapore government in response to the outbreak, there will be an impact on the contribution by 313@somerset to the Reit&rsquo s distributable income from April 2020.

Lendlease Global Reit had initially forecast a loss of S$15.6 million and a distribution per unit (DPU) of 3.82 Singapore cents for FY2020, and a profit of S$45.1 million and DPU of 5.29 Singapore cents for FY2021.

The manager added that Sky Italia, which leases 100 per cent of Sky Complex, has to date made all its rental payments in a timely manner. It contributed 33.9  per cent of the Reit&rsquo s net property income for the period from its listing date Oct 2 to Dec 31, 2019.

As at Dec 31, 2019,  Lendlease Global Reit had a gearing ratio of 34.9 per cent and a cash balance of S$88.5 million. Its weighted average running cost of debt was 0.86 per cent per annum, with an interest coverage ratio at 10.8 times.

The Reit&rsquo s borrowings are fully hedged with no debt maturities until its financial year ending June 30, 2023. Its weighted average debt maturity was 3.6 years.

Separately, CDL Hospitality Trusts (CDLHT) said on Thursday that it has extended the operations of Novotel Singapore Clarke Quay by another three months due to demand for its rooms to be used for isolation purposes during the pandemic.

The hotel was initially meant to cease operations early this month, with its lease agreement to be terminated on April 23. 

Following the extension, the hotel is expected to cease operations only in early July,  and the completion of the divestment is expected to take place some time in July 2020.

The completion of the W Singapore &ndash Sentosa Cove (W Hotel) acquisition will similarly be postponed to July.

As at March 31, 2020, CDLHT' s gearing was about 37.3 per cent and its cash reserves stood at  about S$100 million, which does not include amounts that can be drawn on under its committed revolving credit facility line.

The cash reserves do not include the net cash inflow expected on the completion of the divestment of Novotel Singapore Clarke Quay and the acquisition of W Hotel.

A total of 6.4 billion yen (about S$83 million) or the equivalent of 7.5 per cent of its total borrowings mature in September. Discussions are underway for the refinancing of debt.

CDLHT is utilising this period of low occupancy to carry out critical guest-related asset-enhancement works, while deferring non-essential capital expenditures.

In an update on Thursday, Ascott Residence Trust (ART) said 15 out of its 88 properties have temporarily closed, either in response to government mandates and health recommendations, or to optimise resources.

Among its markets with higher transient demand, Australia, Japan, Europe and the US experienced a greater decline in occupancy in March, while properties catering to the longer-stay segment in countries like China, Vietnam and Singapore were less badly hit.

Alternative sources of revenue during this period have been pursued, including providing accommodation to those on self-isolation, healthcare personnel on the frontline, workers looking for alternate work-from-home locations and workers affected by border shutdowns.

The managers said they expect ART&rsquo s financial performance to be adversely impacted, prompting a potential review of the distributions to stapled securityholders &ldquo at a level determined to be prudent&rdquo .

They added that ART has the financial capacity to weather the downturn.

&ldquo We started the year on firm financial footing, with a relatively low gearing of 33.6 per cent and a well-staggered debt-maturity profile. In addition, there is sufficient cash on hand to meet our current operating requirements and unutilised credit facilities, which we can draw down on in times of need.&rdquo

ART does not foresee issues in refinancing the debt maturing in 2020.

With the completion of the divestment of partial gross floor area in Somerset Liang Court Singapore expected this year, ART will receive about S$163 million in cash proceeds.

Lendlease Global Reit' s counter closed at 53.5 Singapore cents on Thursday, up 3.5 Singapore cents or 7 per cent.

CDLHT' s counter closed at 89.0 Singapore cents, up 7.5 Singapore cents or 9.2 per cent.

ART' s counter closed at 85.5 Singapore cents, up 7.5 Singapore cents or 9.62 per cent.

https://www.businesstimes.com.sg/companies-markets/lendlease-global-reit-withdraws-profit-and-distribution-forecasts-for-fy20-and
 Useful To Me  Not Useful To Me
lawrence83
Senior
05-Apr-2020 15:20     
 
lawrence83 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		For Local REIT, it may be still safer than those us or European reit. Let's hope the govt raise the 45% to 50% to prevent reit issue shares at dirt cheap to fund

uiop1223      ( Date: 04-Apr-2020 20:00) Posted:

Time to let sg retail investors wake up that reits is highly leveraged instrument and carry as much if not more risks than equities.

 Useful To Me  Not Useful To Me
uiop1223
Supreme
04-Apr-2020 20:00     
 
uiop1223 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Time to let sg retail investors wake up that reits is highly leveraged instrument and carry as much if not more risks than equities.
 Useful To Me  Not Useful To Me
johnng
Supreme
04-Apr-2020 19:57     
 
johnng About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		LENDLEASE dropping big in AUSTRALIA...if default would be ugly...USA alot reit sink into chapter11...

uiop1223      ( Date: 04-Apr-2020 18:14) Posted:

Buy local reits better. Capitaland , fraster, mapletree

lawrence83      ( Date: 03-Apr-2020 20:20) Posted:

very tempted to go in but after what happen to EHT. I want to wait for a whil
 Useful To Me  Not Useful To Me
uiop1223
Supreme
04-Apr-2020 18:14     
 
uiop1223 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Buy local reits better. Capitaland , fraster, mapletree

lawrence83      ( Date: 03-Apr-2020 20:20) Posted:

very tempted to go in but after what happen to EHT. I want to wait for a while

francisd      ( Date: 03-Apr-2020 15:08) Posted:

Guys, any update on this counter..going down direction.

Cheers.
 


 Useful To Me  Not Useful To Me
lawrence83
Senior
03-Apr-2020 20:20     
 
lawrence83 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		very tempted to go in but after what happen to EHT. I want to wait for a while

francisd      ( Date: 03-Apr-2020 15:08) Posted:

Guys, any update on this counter..going down direction.

Cheers.
 

 Useful To Me  Not Useful To Me
francisd
Master
03-Apr-2020 15:08     
 
francisd About Contact  Quote this Post! Style: Combined   Mood: excited
Yells: "BUY LOW SELL HIGH"
  x 0
  x 0

 Alert Admin 		Guys, any update on this counter..going down direction.

Cheers.
 
 Useful To Me  Not Useful To Me
Geelly
Member
26-Mar-2020 11:37     
 
Geelly About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		becos great eastern malaysia was selling. Once they are done, maybe can move in?
https://links.sgx.com/1.0.0/corporate-announcements/3KIOJE0HF233TFMQ/f5d77cc6a7d25332be570d3d5b40a7cc505f335c391a8eb0b9d57d3b0bf785bb


chengwh1      ( Date: 26-Mar-2020 01:08) Posted:

All REITs under my radar are green this monring, except for,... Lendlease, and MUST too, I think,... why does Lendlease keep retreating ?
 Useful To Me  Not Useful To Me
                                                         First   < Newer   681-700 of 786   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.