Latest Forum Topics /
OCBC Bank
Last:16.94
![]() |
![]() |
Manulife reit recovery play due to more US rate cu
|
|||||
chartistkao3
Elite |
15-Jan-2025 14:57
|
||||
x 0
x 0 Alert Admin |
In 2009, DBS offered a 2-for-1 rights issue at $5.42 per share. This means for every 1 share you owned, you could buy 2 additional shares at the rights price. Let&rsquo s calculate how many DBS shares this investor acquired if they invested $2 million in this rights issue.   Steps:       1.      Determine the number of rights shares bought:       &bull       Total investment = $2,000,000       &bull       Rights issue price per share = $5.42       &bull       Number of shares purchased via rights = $2,000,000 ÷ $5.42 &asymp 368,098 shares       2.      Calculate the number of original shares owned:       &bull       Since the rights ratio is 2-for-1, the investor must have already owned half the number of rights shares.       &bull       Original shares owned = 368,098 ÷ 2 &asymp 184,049 shares       3.      Total number of DBS shares after the rights issue:       &bull       Total shares = Original shares + Rights shares       &bull       Total shares = 184,049 + 368,098 = 552,147 shares   Thus, by investing $2 million, this individual acquired 552,147 DBS shares in 2009 through the rights issue.   At current price of $43.5 his $2 m investment will become $24m after 15 years   
|
||||
Useful To Me Not Useful To Me | |||||
chartistkao3
Elite |
06-Dec-2024 11:09
|
||||
x 0
x 0 Alert Admin |
Manulife US REIT (MUST) has announced that it will halt distributions at least until the end of 2025 as part of its recapitalization plan. This decision is tied to the REIT&rsquo s efforts to address financial challenges through asset divestments and a sponsor-lender loan. The goal is to raise a minimum of US$328.7 million by June 2025, which will be used to reduce debt and stabilize its financial position under a master restructuring agreement .   While the timeline suggests the possibility of distributions resuming post-2025, this depends on the successful execution of the restructuring and improvements in the REIT&rsquo s financial metrics. Investors are advised to monitor updates closely as the restructuring progresses.  
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
chartistkao3
Elite |
21-Nov-2024 15:15
|
||||
x 0
x 0 Alert Admin |
Manulife US Real Estate Investment Trust (MUST) has been implementing a recapitalization plan to address financial covenant breaches and reduce its debt levels. As part of this strategy, MUST halted distributions until December 2025. However, the trust has outlined conditions under which distributions could resume earlier, provided certain financial metrics are met.   In recent developments, MUST completed the divestment of its Capitol property in Sacramento, California, for US$117 million. This sale, along with existing cash reserves, enabled the trust to fully repay US$130.7 million of outstanding loans maturing in 2025, thereby reducing its gearing from 58.2% to 54.3%. Additionally, two of the trust&rsquo s nine remaining properties are currently on the market, with the aim of further reducing borrowings by approximately US$200 million in 2025.   While these measures indicate progress toward financial stability, the exact timing for the resumption of distributions remains contingent on meeting the specified financial conditions. Investors are advised to monitor official communications from MUST for updates on distribution timelines.  
|
||||
Useful To Me Not Useful To Me | |||||
chartiskao
Elite |
07-Oct-2024 03:52
|
||||
x 0
x 0 Alert Admin |
I always buy assets when the world world say it is gone case and it will never recover from its all time low I always sell assets or avoid buying when the whole world say it is good and must own espeacially when my own state big fund say must buy them
|
||||
Useful To Me Not Useful To Me | |||||
chartistkao3
Elite |
04-Oct-2024 17:54
|
||||
x 0
x 0 Alert Admin |
Price at cigarette butt level 2025 return to distribution usd sgd 1.295 usd at very low level against sgd | ||||
Useful To Me Not Useful To Me |