OUE HTrust   

OUE H trust - Arbitrage opportunity..same as Viva

OUE Downtown is a horrible inaccessible building. Far from MRT and amenities. Also exterior nice but interior is the old DBS Building.

 

ESR + Viva = Synergy
https://www.theedgesingapore.com/synergies-ready-be-tapped-esr-reit-and-viva-industrial-trust-merger

OUE C + OUE H = synergy ?

 

 

same as Viva being sacrificed to save ESR reit :)

Goldfinger      ( Date: 18-May-2019 10:58) Posted: I actually see OUEHT being sacrificed to save OUECT. I like the hotel trust for being a proxy for Jewel and SG tourism. Now it is exposed to subpar office assets in CT. Goldfinger      ( Date: 18-May-2019 10:53) Posted: I have no confidence in OUECT. It has been falling

 

Exchange @54cts

https://www.theedgesingapore.com/viva-industrial-trust-stapled-securityholders-receive-96-cents-apiece-proposed-merger-esr-reit

 

ESR/Viva ex-merger price fell below exchanged price. OUE C unlikely to stay at 49.5cts. Dyodd

 

https://www.businesstimes.com.sg/companies-markets/oue-h-trust-posts-63-fall-in-q1-dps-to-118-singapore-cents

 

https://www.fool.sg/2019/05/10/oue-commercial-reits-first-quarter-results-quick-take/

"DPU dipped due to a larger unit base following the rights issue used to fund the acquisition, as well as higher finance costs this quarter. Interest expenses rose 35.8% from the corresponding quarter last year due to the higher loan volume used to finance part of the acquisition. "

 

Ex-merger price likely to fall bellow 49.5cts.

 

I actually see OUEHT being sacrificed to save OUECT. I like the hotel trust for being a proxy for Jewel and SG tourism. Now it is exposed to subpar office assets in CT.

Goldfinger      ( Date: 18-May-2019 10:53) Posted: I have no confidence in OUECT. It has been falling. jm2212      ( Date: 18-May-2019 10:13) Posted: I own both, I agree with the calculation too but you will only lock in profit assuming comm reit price stay by then when it converted. The way to look at this is: 1. Like I own both, I should sell comm reit and buy h trust 2. If don't have any of them and intend to buy, buy h trust

 

I have no confidence in OUECT. It has been falling.

jm2212      ( Date: 18-May-2019 10:13) Posted: I own both, I agree with the calculation too but you will only lock in profit assuming comm reit price stay by then when it converted. The way to look at this is: 1. Like I own both, I should sell comm reit and buy h trust 2. If don't have any of them and intend to buy, buy h trust

 

I own both, I agree with the calculation too but you will only lock in profit assuming comm reit price stay by then when it converted. The way to look at this is: 1. Like I own both, I should sell comm reit and buy h trust 2. If don't have any of them and intend to buy, buy h trust

 

Unfort I don?t like OUECT and wish they do not merge.

Goldfinger      ( Date: 18-May-2019 09:44) Posted: Good analysis thanks. lukewong82      ( Date: 18-May-2019 08:41) Posted: --- Post Removed by User ---

 

Good analysis thanks.

lukewong82      ( Date: 18-May-2019 08:41) Posted: --- Post Removed by User ---