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Know-Your-Stuff Senior	06-Jul-2019 00:20        Know-Your-Stuff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Surprise nobody comment on this sleeping giant at all after the big news?
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Starship Supreme	03-Jul-2019 11:40        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	CapitaLand to merge Ascott Reit, Ascendas unit to form Asia-Pac' s largest hospitality trust WED, JUL 03, 2019 - 9:04 AM   UPDATED WED, JUL 03, 2019 - 9:47 AM CAPITALAND will combine Ascott Residence Trust (Ascott Reit) and Ascendas Hospitality Trust (A-HTrust) to make the  largest hospitality trust in the Asia-Pacific  and the eighth biggest  globally, with a total  asset value of S$7.6 billion. The combined entity will  also be the seventh largest trust  listed on the Singapore Exchange by asset value, both Reits said in a bourse filing on Wednesday. The merger creates an enlarged portfolio of 88 properties with more than 16,000 units in 39 cities and 15 countries across Asia-Pacific, Europe and the US. It will also diversify Ascott Reit& rsquo s global portfolio and give it access to the cities of Brisbane and Seoul. " With access to a larger capital base and a higher debt headroom of about S$1 billion, we will have greater financial flexibility to seek more accretive acquisitions and value enhancements," said  Bob Tan, Ascott Residence Trust Management Limited& rsquo s chairman. " The combined entity can then be strategically positioned to potentially enjoy a positive re-rating of the unit price and gain a wider investor base, which would be beneficial to all our unitholders."     The consideration for the proposed merger is about S$1.2 billion, comprising S$61.8 million in cash and 902.8 million new units of the new enlarged entity, Ascott Reit-BT. Through a trust scheme of arrangement, Ascott Reit will acquire all A-HTrust units for S$1.0868 per  unit, comprising S$0.0543 in cash and 0.7942 Ascott Reit-BT units issued at a price of S$1.30. CapitaLand owns  about 45 per cent and 28 per cent of units in Ascott Reit and A-HTrust  respectively. Once the merger deal is completed, CapitaLand expects to have a 40.2 per cent stake in Ascott Reit-BT. Ascott Reit will create a new entity called Ascott Hospitality Business Trust (Ascott BT), with all of  Ascott Reit' s units combined with Ascott BT units to form a stapled trust, Ascott Reit-BT. A-HTrust becomes an unstapled trust, with Ascott Reit acquiring all  A-HTrust Reit units and Ascott BT acquiring all A-HTrust BT units. A-HTrust will delist following the merger. https://www.businesstimes.com.sg/companies-markets/capitaland-to-merge-ascott-reit-ascendas-unit-to-form-asia-pacs-largest
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TANPK123 Elite	03-Jul-2019 10:55        TANPK123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Halted.
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HappyPoems Member	19-Apr-2019 20:20        HappyPoems About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://sginvestors.io/sgx/reit/a68u-ascott-reit/target-price Resilient Investment Kim Eng - Dividend Stock    TANPK123      ( Date: 18-Apr-2019 18:53) Posted: any recommend?
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TANPK123 Elite	18-Apr-2019 18:53        TANPK123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	any recommend?
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SimpleTrade Senior	24-Jul-2018 18:52        SimpleTrade About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ascott reit 1H18 dpu 3.19cts. Currently trade at 1.13- 1.15 Singapore, 24 July 2018 &ndash Ascott Residence Trust&rsquo s (Ascott Reit) 2Q 2018 revenue grew 6% year-on-year to S$130.5 million, lifted by its acquisitions in 2017. Gross profit increased 7% to S$63.1 million due to higher revenue. Revenue per available unit (RevPAU) rose 6% to S$155 on the back of stronger demand and operating performance for Ascott Reit&rsquo s properties in markets such as Belgium, China and the United Kingdom. Unitholders&rsquo distribution for the quarter was S$39.8 million. Distribution per unit (DPU) remained at 1.84 cents, the same as that of 2Q 2017. DPU for 2Q 2018 would have increased 13% if one-off item for 2Q 2017 was excluded. The one-off item was a realised exchange gain of S$11.9 million arising from the repayment of foreign currency bank loans with the proceeds from Ascott Reit&rsquo s rights issue1 and completion of divestments of 18 rental housing properties in Tokyo. Ascott Reit&rsquo s higher revenue and gross profit in 2Q 2018 resulted from its 2017 acquisitions of quality assets &ndash Ascott Orchard Singapore, Citadines City Centre Frankfurt and Citadines Michel Hamburg with master leases that provide income stability, and DoubleTree by Hilton Hotel New York &ndash Times Square South which continues to see strong demand.
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SimpleTrade Senior	16-Jun-2018 13:44        SimpleTrade About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ascott reit trading at lower range. Noticed that it has strong support at 1.1 - 1.12 Semi annual distribution coming. Also some reports mentioned that 2Q income will be better. Picked up some at 1.09.
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Goldfinger Supreme	24-Oct-2017 16:06        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	The brand and Pedigree is good but the DPU is bad. How to justify the share price?
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serious Master	15-Sep-2017 17:25        serious About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is Capital land still a mojor shareholder ?
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RedEye1811 Master	06-Jul-2017 17:38        RedEye1811 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Been a nice steady riser since its low back in March. Not certain if got much more legs but nice and steady keeping capital content.
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brchkho1 Master	30-Jun-2017 15:29        brchkho1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	URA announced today, min rental period for private properties in now revised to 3 months.
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marubozu1688 Master	16-Apr-2017 15:55        marubozu1688 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Be humble in front of Mr. Market."
x 0   x 0  Alert Admin	Watch for turnaround play in Singapore REIT hospitality sector http://mystocksinvesting.com/singapore-reits/hospitality-sector/singapore-reit-hospitality-sector-watch-for-turnaround-play/
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ecekca Elite	15-Mar-2017 20:49        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Target of 1.02 to bottom
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ecekca Elite	10-Mar-2017 22:30        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	bro, so what your target price it will bottom? laksaman57      ( Date: 10-Mar-2017 09:38) Posted: Post XR price should fall once FED rate hike the rate
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laksaman57 Supreme	10-Mar-2017 09:38        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Post XR price should fall once FED rate hike the rate
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ecekca Elite	09-Mar-2017 19:40        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Ascot pple are smart , that why they do the rights before interest rate Well done Ascot!!! and guess that OUE Comm Reit follows suit by doing placement to reduce debt laksaman57      ( Date: 09-Mar-2017 12:21) Posted: FED rate going to rise, so better issue right while share price is at its high. Once rate hike declared, price fall mean right's pricing also fall.
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ecekca Elite	09-Mar-2017 19:39        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	sort of agree with you 1.05 or below , a fair value .. above that it costly before they call for rights paul1688      ( Date: 09-Mar-2017 10:22) Posted: It could be because after the Rights announcement, at least 2 analysts (OCBC and CIMB) downgraded ART while I think DBSV maintained a Buy but lowered the cum rights Fair Value (FV). OCBC has a cum rights FV of $1.16 and ex rights FV of $1.105. CIMB had more negative commentary and basically felt the acquisitions funded by these rights are yield dilutive. Their FV is only $1 - I believe this is cum rights. If current price holds at 1.11 till ex rights day, then TERP will be $1.067. It is looking like market may be looking at ART to settle at bet $1 to $1.05 after ex rights, which for me may be the trigger range for some accumulation ex rights. PS : Not recommendation to buy, sell or trade. DYODD.
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ecekca Elite	09-Mar-2017 19:37        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	2 options a) sell your rights b) exercise your rights azzz27      ( Date: 09-Mar-2017 14:41) Posted: this is my first time dealing with a right issue. any advice on the dates that i need to take note? and what actions that i may need to do? thanks
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azzz27 Member	09-Mar-2017 14:41        azzz27 About Contact  Quote this Post!
x 0   x 0  Alert Admin	this is my first time dealing with a right issue. any advice on the dates that i need to take note? and what actions that i may need to do? thanks
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laksaman57 Supreme	09-Mar-2017 14:10        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://www.marketwatch.com/story/fed-may-start-kicking-rate-hikes-old-school-gundlach-2017-03-07 They may start to go &lsquo old school&rsquo and start to see more sequential Fed rate hikes, and if we&rsquo re going to go &lsquo old school,&rsquo what has happened historically &mdash and this is pre-credit-crisis &mdash [is that] the Fed gets into a sequential hiking mode and they keep doing it until something breaks. And the definition of &lsquo something breaks&rsquo is the onset of recession, which is usually preceded by a flat or inverted yield curve. Clearly the yield curve has been flattening since July, [and] postelection, but it&rsquo s nowhere near inverted.
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