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

Back
First   1-20 of 428   Older>   Last  
Latest Forum Topics / ESR-LOGOS REIT    Last:0.315 --  Post Reply
Cambridge Ind Trust Results Announcement
Goldfinger
Supreme
25-May-2023 12:10     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		What Chiu doesn' t seem to talk about is the DPU to shareholders.  And this is where growing DPU without constant placements and rights issues is going to be key to valuation.  No one really cares about his transformation plans unless it translates to real growing DPU and increaseing share prices.

Joelton      ( Date: 25-May-2023 12:07) Posted:

ESR-LOGOS REIT&rsquo s Chui: Logistics assets are not an alternative asset class
 
Managing real estate is all about anticipating evolving trends and needs of the tenants to reconstruct relevant properties. When it comes to REITs, there is an additional and increasingly important element to consider &mdash the state of financial or capital markets.
 
From an asset level perspective, having to navigate an intricate ecosystem of tenants, regulators and service providers, anticipating where might be the next emerging need and even identifying &ldquo sunset industries&rdquo , to taking into consideration the state of the financial markets to weigh out and make the most appropriate decisions &mdash it is something that continues to fascinate and keeps it going for Adrian Chui, CEO and executive director of ESR-LOGOS Funds Management, manager of ESR-LOGOS REIT (E-LOG), to this day.
 
For Chui, qualities like trust, respect and openness to views and criticisms within the E-LOG team are crucial. Armed with the belief that &ldquo no one knows everything&rdquo , the deal team&rsquo s collective view allows Chui to make better-informed and sometimes unpopular decisions. He adds: &ldquo What inspires me is to see a deal through to fruition and have each member know that they are and have contributed to the ecosystem, gaining new expertise and knowledge from their peers.&rdquo
 
Chui&rsquo s motivation stems from constantly anticipating trends and identifying opportunities. He also greatly emphasises teamwork to plan, negotiate and execute potential deals and transactions. By doing so, his team enables E-LOG to achieve sustainable growth mid to long-term while achieving the right risk-return metric rather than solely prioritising short-term gains.
 
&ldquo Managing uncertainties and accepting the right level of risks for the return required is always the hardest. With REITs, availability and certainty of funding are of utmost importance because, fundamentally, REITs do not retain any cash &mdash we pay out everything as dividends &mdash so the conditions or state of the financial markets can make or break a REIT if execution strategies are not carefully planned or evaluated&rdquo , says Chui.
 
Identifying potential areas of growth
 
Since 2000, Chui has had a front-row seat to witnessing Asia&rsquo s real estate market and REIT cycles. In his view, three &ldquo paradigm-shifting events&rdquo in the last 20 years have shaped Asia&rsquo s real estate market today.
 
One key event was China emerging as a core real estate market and making its mark on international investors &mdash &ldquo inevitable&rdquo given its mammoth population and economic size.
 
Secondly, the development and growth of S-REITs play to Singapore&rsquo s strengths as a global city with the rule of law and a business-friendly environment. What came as a surprise, however, was the pace of growth in depth and breadth, especially when considering the size of the Singapore real estate market relative to its regional peers. REITs have put the financial markets element into the real estate game and turbo-charged its growth by availing what used to be an illiquid asset class into the hands of many, observes Chui.
 
The third and most recent event was the growth of e-commerce and how the pandemic has fundamentally transformed how people produce, deliver and consume goods and services in their daily lives.
 
Such secular trends profoundly impact how logistics assets are viewed today as a sustainable asset class for investors, he says. Logistics assets were once viewed as an &ldquo alternative&rdquo or even visually unappealing investment class compared to swanky offices, retail malls and hotels. Logistics have become the backbone of the economy due to their importance to economic supply chains.
 
The outlook for this sector remains robust as more occupiers and industrialists build up inventories of just-in-case storage because of possible supply chain disruptions. New trends and segments have emerged in the logistics sector that challenges landlords to recalibrate their portfolio mix to capture emerging opportunities like cold stores and pharmaceutical logistics. Chui says this continues to underpin the higher demand for industrial and logistics space.
 
Under his leadership, E-LOG has grown to have some $5.7 billion in assets under management as of Dec 31. Its portfolio of 82 assets spans Singapore, Australia and Japan, with logistics assets and high-spec assets &mdash collectively known as New Economy Assets &mdash making up over 51% and 12% of the portfolio value. As a testament to the quality and focus on its New Economy Assets, the logistics and high specs segment enjoyed positive rental reversions at 15.7% and 12.3%, respectively, for FY2022. This helped lift overall portfolio rental reversion by 11.8%.
 
Despite the slowdown in the global economy, E-LOG sees &ldquo sustained growth&rdquo in the logistics segment primarily due to favourable demand-supply dynamics and secular trends. Chui says that E-LOG&rsquo s portfolio will be more pivoted towards these New Economy Assets, with logistics driving this pivot.
 
Expanding overseas
 
Beyond having the foresight to see the potential of the logistics sector, Chui&rsquo s new strategy is to diversify the company portfolio geographically. The main bugbear for Singapore&rsquo s industrial sector is that land leases are very short, with a maximum of 30 years. This results in a rapid land lease decay, thereby affecting the REIT&rsquo s net asset value. This short runway also does not allow the REIT to meaningfully redevelop or enhance the asset to meet the required returns.
 
Addressing this is important as the land lease decay problem will erode the REIT&rsquo s underlying value. The E-LOG team is now looking outwards and channelling its efforts into overseas acquisitions. As of FY2022, approximately 20% of the REIT&rsquo s assets by AUM are in Australia, and in October 2022, E-LOG marked its foray in Japan with the acquisition of the ESR Sakura Distribution Centre in Tokyo. The properties in Australia and Japan are either freehold or are on land leases longer than 30 years, lengthening the lease expiry profile of the portfolio.
 
In evaluating overseas acquisitions, Chui has laid out &ldquo fundamental criteria&rdquo &mdash there must be a rule of law, and funds must be able to flow freely in and out of the country to facilitate the payment of dividends. In addition, there should be good access to local currency funding, allowing capital and income FX risks to be managed. Finally, the market must be scalable, allowing the REIT to acquire and grow meaningfully. These markets are where its sponsor, ESR Group, already has a footprint, with trusted local colleagues to help manage the assets efficiently.
 
Having a strong team of professionals with a proven track record of value creation across the various real estate practices, from finance to asset management to investment management, has helped keep the REIT competitive, says Chui.
 
&ldquo 4R&rdquo growth strategy
 
To keep thriving, E-LOG has embarked on and successfully executed a 4R portfolio strategy: Rejuvenate, recycle, recapitalise, and reinforce.
 
The first, rejuvenation, covers three main areas, namely acquisitions of quality value-accretive assets redevelopment of older-specs assets into modern and future-ready properties and asset enhancement initiatives (AEI) to repurpose and rejuvenate dated assets to suit new demands. Acquisition of new assets involves a rigorous investment evaluation process to discover assets in high-growth industries, overseas sectors, or assets with long lease terms aligned with their strategy. The focus here will be on logistics assets. A periodic monitoring and assessment process will also identify mature assets needing refurbishment or redevelopment to attract tenants, says Chui. It will enhance and reposition a general industrial property to a high-spec property or redevelop a conventional warehouse into a coldstore facility. This will attract higher rent-paying tenants, providing a rental and valuation uplift. Another approach is to develop an unutilised plot ratio to &ldquo future ready&rdquo its properties and engage tenants in trending industries with long tailwinds.
 
The second portfolio initiative is &ldquo recycling&rdquo capital through divestments of non-core assets &mdash typically smaller-sized and with short land leases. Proceeds from the divestments can be used to pare down debt or be redeployed to the acquisitions of higher-quality assets. By doing so, the REIT can &ldquo recalibrate&rdquo its portfolio, says Chui.
 
He is also &ldquo recapitalising&rdquo E-LOG&rsquo s balance sheet for future growth &ndash part of his proactive approach to capital management. He maintains a well-spread-out and staggered debt maturity profile. With good financial flexibility to fund the REIT&rsquo s growth aspirations with adequate debt headroom, Chui can continue to focus on strengthening E-LOG&rsquo s financial position over the long term.
 
Finally, &ldquo reinforcing&rdquo sponsor support for quality growth. E-LOG will continue rejuvenating its portfolio by leveraging ESR Group&rsquo s network, footprint and local expertise, focusing on New Economy assets. To realise this, the firm can leverage its sponsor&rsquo s portfolio of over US$68 billion ($91 billion) in New Economy assets, with US$2 billion of the visible and executable pipeline for E-LOG. &ldquo This is a key differentiator for E-LOG in an increasingly scarce environment for logistics assets,&rdquo adds Chui.
 
Accepting criticisms and accolades
 
Outside of work, the 47-year-old is a father of three children, aged 12, 10 and 6. In his downtime, he plays squash and is a confessed foodie who enjoys checking out street food and fine dining.
 
Chui explains that his approach to food can also be applied to work: The quality of the work matters more than the optics and the presentation. He is aware there are different tastes and preferences. Some might wonder how could a restaurant win a Michelin star but others might think the same place deserves two stars.
 
In this spirit, Chui accepts criticisms and accolades for how E-LOG is run. Take his 4R strategy: For example, there is feedback that this approach is seemingly doing too many things at once and thus is creating too many uncertainties others want E-LOG to speed up instead and get that first mover advantage.
 
&ldquo Fundamentally, we need to ensure that the right risk-return metric is achieved and our assets remain relevant to tenants&rsquo space needs to ensure the REIT is run sustainably and not go for short-term gains,&rdquo says Chui.
 
Asked what lessons he would share with his staff and children, Chui dishes out one key piece of advice &mdash never give up. &ldquo We all go through highs and lows in life like property cycles. What matters most is how we make the most of it. Every time we come away from a difficult situation, we need to learn from it, not repeat mistakes and use that experience to anticipate or manage the situation the next time we are faced with a similar situation&rdquo .
 Useful To Me  Not Useful To Me
Joelton
Supreme
25-May-2023 12:07     
 
Joelton About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin
ESR-LOGOS REIT&rsquo s Chui: Logistics assets are not an alternative asset class
 
Managing real estate is all about anticipating evolving trends and needs of the tenants to reconstruct relevant properties. When it comes to REITs, there is an additional and increasingly important element to consider &mdash the state of financial or capital markets.
 
From an asset level perspective, having to navigate an intricate ecosystem of tenants, regulators and service providers, anticipating where might be the next emerging need and even identifying &ldquo sunset industries&rdquo , to taking into consideration the state of the financial markets to weigh out and make the most appropriate decisions &mdash it is something that continues to fascinate and keeps it going for Adrian Chui, CEO and executive director of ESR-LOGOS Funds Management, manager of ESR-LOGOS REIT (E-LOG), to this day.
 
For Chui, qualities like trust, respect and openness to views and criticisms within the E-LOG team are crucial. Armed with the belief that &ldquo no one knows everything&rdquo , the deal team&rsquo s collective view allows Chui to make better-informed and sometimes unpopular decisions. He adds: &ldquo What inspires me is to see a deal through to fruition and have each member know that they are and have contributed to the ecosystem, gaining new expertise and knowledge from their peers.&rdquo
 
Chui&rsquo s motivation stems from constantly anticipating trends and identifying opportunities. He also greatly emphasises teamwork to plan, negotiate and execute potential deals and transactions. By doing so, his team enables E-LOG to achieve sustainable growth mid to long-term while achieving the right risk-return metric rather than solely prioritising short-term gains.
 
&ldquo Managing uncertainties and accepting the right level of risks for the return required is always the hardest. With REITs, availability and certainty of funding are of utmost importance because, fundamentally, REITs do not retain any cash &mdash we pay out everything as dividends &mdash so the conditions or state of the financial markets can make or break a REIT if execution strategies are not carefully planned or evaluated&rdquo , says Chui.
 
Identifying potential areas of growth
 
Since 2000, Chui has had a front-row seat to witnessing Asia&rsquo s real estate market and REIT cycles. In his view, three &ldquo paradigm-shifting events&rdquo in the last 20 years have shaped Asia&rsquo s real estate market today.
 
One key event was China emerging as a core real estate market and making its mark on international investors &mdash &ldquo inevitable&rdquo given its mammoth population and economic size.
 
Secondly, the development and growth of S-REITs play to Singapore&rsquo s strengths as a global city with the rule of law and a business-friendly environment. What came as a surprise, however, was the pace of growth in depth and breadth, especially when considering the size of the Singapore real estate market relative to its regional peers. REITs have put the financial markets element into the real estate game and turbo-charged its growth by availing what used to be an illiquid asset class into the hands of many, observes Chui.
 
The third and most recent event was the growth of e-commerce and how the pandemic has fundamentally transformed how people produce, deliver and consume goods and services in their daily lives.
 
Such secular trends profoundly impact how logistics assets are viewed today as a sustainable asset class for investors, he says. Logistics assets were once viewed as an &ldquo alternative&rdquo or even visually unappealing investment class compared to swanky offices, retail malls and hotels. Logistics have become the backbone of the economy due to their importance to economic supply chains.
 
The outlook for this sector remains robust as more occupiers and industrialists build up inventories of just-in-case storage because of possible supply chain disruptions. New trends and segments have emerged in the logistics sector that challenges landlords to recalibrate their portfolio mix to capture emerging opportunities like cold stores and pharmaceutical logistics. Chui says this continues to underpin the higher demand for industrial and logistics space.
 
Under his leadership, E-LOG has grown to have some $5.7 billion in assets under management as of Dec 31. Its portfolio of 82 assets spans Singapore, Australia and Japan, with logistics assets and high-spec assets &mdash collectively known as New Economy Assets &mdash making up over 51% and 12% of the portfolio value. As a testament to the quality and focus on its New Economy Assets, the logistics and high specs segment enjoyed positive rental reversions at 15.7% and 12.3%, respectively, for FY2022. This helped lift overall portfolio rental reversion by 11.8%.
 
Despite the slowdown in the global economy, E-LOG sees &ldquo sustained growth&rdquo in the logistics segment primarily due to favourable demand-supply dynamics and secular trends. Chui says that E-LOG&rsquo s portfolio will be more pivoted towards these New Economy Assets, with logistics driving this pivot.
 
Expanding overseas
 
Beyond having the foresight to see the potential of the logistics sector, Chui&rsquo s new strategy is to diversify the company portfolio geographically. The main bugbear for Singapore&rsquo s industrial sector is that land leases are very short, with a maximum of 30 years. This results in a rapid land lease decay, thereby affecting the REIT&rsquo s net asset value. This short runway also does not allow the REIT to meaningfully redevelop or enhance the asset to meet the required returns.
 
Addressing this is important as the land lease decay problem will erode the REIT&rsquo s underlying value. The E-LOG team is now looking outwards and channelling its efforts into overseas acquisitions. As of FY2022, approximately 20% of the REIT&rsquo s assets by AUM are in Australia, and in October 2022, E-LOG marked its foray in Japan with the acquisition of the ESR Sakura Distribution Centre in Tokyo. The properties in Australia and Japan are either freehold or are on land leases longer than 30 years, lengthening the lease expiry profile of the portfolio.
 
In evaluating overseas acquisitions, Chui has laid out &ldquo fundamental criteria&rdquo &mdash there must be a rule of law, and funds must be able to flow freely in and out of the country to facilitate the payment of dividends. In addition, there should be good access to local currency funding, allowing capital and income FX risks to be managed. Finally, the market must be scalable, allowing the REIT to acquire and grow meaningfully. These markets are where its sponsor, ESR Group, already has a footprint, with trusted local colleagues to help manage the assets efficiently.
 
Having a strong team of professionals with a proven track record of value creation across the various real estate practices, from finance to asset management to investment management, has helped keep the REIT competitive, says Chui.
 
&ldquo 4R&rdquo growth strategy
 
To keep thriving, E-LOG has embarked on and successfully executed a 4R portfolio strategy: Rejuvenate, recycle, recapitalise, and reinforce.
 
The first, rejuvenation, covers three main areas, namely acquisitions of quality value-accretive assets redevelopment of older-specs assets into modern and future-ready properties and asset enhancement initiatives (AEI) to repurpose and rejuvenate dated assets to suit new demands. Acquisition of new assets involves a rigorous investment evaluation process to discover assets in high-growth industries, overseas sectors, or assets with long lease terms aligned with their strategy. The focus here will be on logistics assets. A periodic monitoring and assessment process will also identify mature assets needing refurbishment or redevelopment to attract tenants, says Chui. It will enhance and reposition a general industrial property to a high-spec property or redevelop a conventional warehouse into a coldstore facility. This will attract higher rent-paying tenants, providing a rental and valuation uplift. Another approach is to develop an unutilised plot ratio to &ldquo future ready&rdquo its properties and engage tenants in trending industries with long tailwinds.
 
The second portfolio initiative is &ldquo recycling&rdquo capital through divestments of non-core assets &mdash typically smaller-sized and with short land leases. Proceeds from the divestments can be used to pare down debt or be redeployed to the acquisitions of higher-quality assets. By doing so, the REIT can &ldquo recalibrate&rdquo its portfolio, says Chui.
 
He is also &ldquo recapitalising&rdquo E-LOG&rsquo s balance sheet for future growth &ndash part of his proactive approach to capital management. He maintains a well-spread-out and staggered debt maturity profile. With good financial flexibility to fund the REIT&rsquo s growth aspirations with adequate debt headroom, Chui can continue to focus on strengthening E-LOG&rsquo s financial position over the long term.
 
Finally, &ldquo reinforcing&rdquo sponsor support for quality growth. E-LOG will continue rejuvenating its portfolio by leveraging ESR Group&rsquo s network, footprint and local expertise, focusing on New Economy assets. To realise this, the firm can leverage its sponsor&rsquo s portfolio of over US$68 billion ($91 billion) in New Economy assets, with US$2 billion of the visible and executable pipeline for E-LOG. &ldquo This is a key differentiator for E-LOG in an increasingly scarce environment for logistics assets,&rdquo adds Chui.
 
Accepting criticisms and accolades
 
Outside of work, the 47-year-old is a father of three children, aged 12, 10 and 6. In his downtime, he plays squash and is a confessed foodie who enjoys checking out street food and fine dining.
 
Chui explains that his approach to food can also be applied to work: The quality of the work matters more than the optics and the presentation. He is aware there are different tastes and preferences. Some might wonder how could a restaurant win a Michelin star but others might think the same place deserves two stars.
 
In this spirit, Chui accepts criticisms and accolades for how E-LOG is run. Take his 4R strategy: For example, there is feedback that this approach is seemingly doing too many things at once and thus is creating too many uncertainties others want E-LOG to speed up instead and get that first mover advantage.
 
&ldquo Fundamentally, we need to ensure that the right risk-return metric is achieved and our assets remain relevant to tenants&rsquo space needs to ensure the REIT is run sustainably and not go for short-term gains,&rdquo says Chui.
 
Asked what lessons he would share with his staff and children, Chui dishes out one key piece of advice &mdash never give up. &ldquo We all go through highs and lows in life like property cycles. What matters most is how we make the most of it. Every time we come away from a difficult situation, we need to learn from it, not repeat mistakes and use that experience to anticipate or manage the situation the next time we are faced with a similar situation&rdquo .
 Useful To Me  Not Useful To Me


gowhere
Member
28-Apr-2023 20:52     
 
gowhere About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		today 28 apr. check your CDP. I have got mine

chanche2      ( Date: 27-Apr-2023 18:19) Posted:

We have subscribed to the rights issue, may I know when will the result of the subscription be out and when will the shares be credit to out CDP account ?
 

 Useful To Me  Not Useful To Me
bobiewong
Member
28-Apr-2023 08:58     
 
bobiewong About Contact  Quote this Post!   Mood: happy
Yells: "Good Time Ahead"
  x 0
  x 0

 Alert Admin

ESR-LOGOS REIT reports gross revenue of $97.7 mil in 1QFY2023, up 63.9% y-o-y

Felicia Tan
Felicia TanWed, Apr 26, 2023  &bull   08:45 AM GMT+08  &bull   2 days ago  &bull   3  min read
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedIn
More Share
ESR-LOGOS REIT reports gross revenue of $97.7 mil in 1QFY2023, up 63.9% y-o-y
ESR-LOGOS REIT (E-LOG)  J91U  0.00%  has reported gross revenue of $97.7 million in the 1QFY2023 ended March, up 63.9% y-o-y.


The REIT&rsquo s net property income (NPI) rose by 78.2% y-o-y to $70.4 million.

The higher gross revenue and NPI were mainly due to contributions from ARA-LOGOS Logistics Trust (ALOG Trust) after the merger in April 2022.

During the 1QFY2023, net asset value (NAV) per unit, however, fell by 13.2% y-o-y to 34.8 cents, down from 40.1 cents as at 1QFY2022. This was attributable to the premium paid over ALOG Trust&rsquo s NAV and transaction costs that were incurred in relation to the merger being written off.

In the 1QFY2023, E-LOG saw positive rental reversion of 7.3%, up from the 3.1% in the year before. During the period, the REIT&rsquo s logistics segment continued demonstrating rental upside and the segment is expected to continue driving positive rental reversions on the back of positive sector demand and supply dynamics.

Its occupancy rate as at March 31 stood at 92.1%, up from the 91.5% in the previous year. Of its portfolio, 63.0% are new economy assets, up from the 42.2% in the 1QFY2022.

See also:  FCT reports 1HFY2023 DPU of 6.13 cents, down 0.1% y-o-y

E-LOG&rsquo s gearing as at March 31 stood at 41.6% though its gearing will be reduced to around 38.0% upon the completion of its equity fund raising where the REIT sought to raise gross proceeds of around $300.0 million in February. As at March 31, E-LOG&rsquo s fixed rate debt stood at 72.7%.

Looking ahead, the REIT notes that the ongoing macroeconomic headwinds such as high energy prices, interest rate hikes, geopolitical risks and others continue to pose threats in 2023 though some of these challenges look to be cushioned by signs of peaking inflation and plateauing interest rates.

In Singapore, it expects its logistics segment to remain strong for storage space in ramp-up warehouses, while demand for cargo lifts assets seem to be increasing for smaller occupiers with less demanding requirements in order to save cost.
 Useful To Me  Not Useful To Me
jcho1962
Member
27-Apr-2023 22:27     
 
jcho1962 About Contact  Quote this Post!   Mood: sweat
Yells: "Don't Worry, Be Happy"
  x 0
  x 0

 Alert Admin 		https://links.sgx.com/FileOpen/E-LOG%20-%20Results%20of%20Preferential%20Offering_final.ashx?App=Announcement& FileID=756407

QUOTE

4.  STATUS OF THE PREFERENTIAL OFFERING UNITS


The Manager expects the Preferential Offering Units to be listed and quoted on the Main Board of  Singapore Exchange Securities Trading Limited (the &ldquo SGX-ST&rdquo )  with effect from 9.00 a.m. on 28 April 2023.

The Preferential Offering Units to be issued will, upon issue and listing, rank  pari passu  in all respects with the Units in issue on the day immediately prior to the date on which the Preferential Offering Units are issued, including the right to distributions out of E-LOG&rsquo s  distributable income from the date of issuance of the Preferential Offering Units as well as all distributions thereafter.

UNQUOTE


chanche2      ( Date: 27-Apr-2023 18:19) Posted:

We have subscribed to the rights issue, may I know when will the result of the subscription be out and when will the shares be credit to out CDP account ?
 

 Useful To Me  Not Useful To Me


chanche2
Member
27-Apr-2023 18:19     
 
chanche2 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		We have subscribed to the rights issue, may I know when will the result of the subscription be out and when will the shares be credit to out CDP account ?
 
 Useful To Me  Not Useful To Me
stockwatch8877
Member
26-Apr-2023 13:58     
 
stockwatch8877 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		https://www.theedgesingapore.com/capital/results/esr-logos-reit-reports-gross-revenue-977-mil-1qfy2023-639-y-o-y The news result is out.
 Useful To Me  Not Useful To Me
Goldfinger
Supreme
24-Apr-2023 15:01     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		The proof for this company is sustainable increase in absolute DPU, on a continuing basis.  Percentage percentage numbers can confuse.

luckyguy3      ( Date: 24-Apr-2023 12:30) Posted:

CEO already mentioned whenever during fund raising, share price will dip but later will recover.



kt3152      ( Date: 24-Apr-2023 10:21) Posted:

Interesting today buy up to 335. Those apply excess rights now in the money...
 Useful To Me  Not Useful To Me


luckyguy3
Member
24-Apr-2023 12:30     
 
luckyguy3 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		CEO already mentioned whenever during fund raising, share price will dip but later will recover.



kt3152      ( Date: 24-Apr-2023 10:21) Posted:

Interesting today buy up to 335. Those apply excess rights now in the money...
 Useful To Me  Not Useful To Me
kt3152
Elite
24-Apr-2023 10:21     
 
kt3152 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Interesting today buy up to 335. Those apply excess rights now in the money...
 Useful To Me  Not Useful To Me
luckyguy3
Member
24-Apr-2023 07:24     
 
luckyguy3 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Q& A during the EGM CEO mentioned the following, circled in red. 


stockwatch8877      ( Date: 23-Apr-2023 16:56) Posted:

On Friday 22th, the stock price drops to 32.5cts after the rights placements on Thursday. There are more sellers than buyers. Do not know whether the stock price will go down further in this coming general meeting on 26th Wednesday. Is ESR Logo a good buy if the stock price drops further?

stockwatch8877      ( Date: 21-Apr-2023 13:51) Posted:

Next week 26th April, ESR Logo has a meeting. Hope to hear some good news
 Useful To Me  Not Useful To Me
stockwatch8877
Member
23-Apr-2023 16:56     
 
stockwatch8877 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		On Friday 22th, the stock price drops to 32.5cts after the rights placements on Thursday. There are more sellers than buyers. Do not know whether the stock price will go down further in this coming general meeting on 26th Wednesday. Is ESR Logo a good buy if the stock price drops further?

stockwatch8877      ( Date: 21-Apr-2023 13:51) Posted:

Next week 26th April, ESR Logo has a meeting. Hope to hear some good news.

MichaelSchenker      ( Date: 21-Apr-2023 11:09) Posted:

I see. Thank You.

 
 Useful To Me  Not Useful To Me


stockwatch8877
Member
21-Apr-2023 13:51     
 
stockwatch8877 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Next week 26th April, ESR Logo has a meeting. Hope to hear some good news.

MichaelSchenker      ( Date: 21-Apr-2023 11:09) Posted:

I see. Thank You.

 

kt3152      ( Date: 21-Apr-2023 08:35) Posted:

Rights subscription already closed yesterday night...
 Useful To Me  Not Useful To Me
MichaelSchenker
Master
21-Apr-2023 11:09     
 
MichaelSchenker About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		I see. Thank You.

 

kt3152      ( Date: 21-Apr-2023 08:35) Posted:

Rights subscription already closed yesterday night....

MichaelSchenker      ( Date: 20-Apr-2023 20:28) Posted:

By the way, is the Right renounceable? If yes, when is the List date and counter name?
 Useful To Me  Not Useful To Me
kt3152
Elite
21-Apr-2023 08:35     
 
kt3152 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Rights subscription already closed yesterday night....

MichaelSchenker      ( Date: 20-Apr-2023 20:28) Posted:

By the way, is the Right renounceable? If yes, when is the List date and counter name?
 Useful To Me  Not Useful To Me
MichaelSchenker
Master
20-Apr-2023 20:28     
 
MichaelSchenker About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		By the way, is the Right renounceable? If yes, when is the List date and counter name?
 Useful To Me  Not Useful To Me
Goldfinger
Supreme
18-Apr-2023 08:00     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Hard to say. I subscribed and applied for excess to round up odd lots.
 Useful To Me  Not Useful To Me
stockwatch8877
Member
18-Apr-2023 06:32     
 
stockwatch8877 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Correct. The stock price is the same as right issue price.

kwwongm      ( Date: 17-Apr-2023 08:24) Posted:

Better stay out...more and more underperforming asset will be load by sponsor via placements, rights etc....
Eventually it will go below 0.3...

stockwatch8877      ( Date: 16-Apr-2023 11:44) Posted:

ESR Logo REIT stock price has not been moving. Investors are very tired over their interests. Some investors are staying away from this stock
 Useful To Me  Not Useful To Me
kwwongm
Veteran
17-Apr-2023 08:24     
 
kwwongm About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Better stay out...more and more underperforming asset will be load by sponsor via placements, rights etc....
Eventually it will go below 0.3...

stockwatch8877      ( Date: 16-Apr-2023 11:44) Posted:

ESR Logo REIT stock price has not been moving. Investors are very tired over their interests. Some investors are staying away from this stock.

MichaelSchenker      ( Date: 16-Apr-2023 11:27) Posted:

Did any holder subscribe   to the Rights? If yes, please share your thoughts. 

What is the likely subscription rate? Surely the management is smarter than it seems. It seems to me (my view only) that the market price is intentionally kept down. But not sure of it' s intentions
 Useful To Me  Not Useful To Me
stockwatch8877
Member
16-Apr-2023 11:44     
 
stockwatch8877 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		ESR Logo REIT stock price has not been moving. Investors are very tired over their interests. Some investors are staying away from this stock.

MichaelSchenker      ( Date: 16-Apr-2023 11:27) Posted:

Did any holder subscribe   to the Rights? If yes, please share your thoughts. 

What is the likely subscription rate? Surely the management is smarter than it seems. It seems to me (my view only) that the market price is intentionally kept down. But not sure of it' s intentions
 Useful To Me  Not Useful To Me
                                                         First   1-20 of 428   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.