Wee Hur
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WEE HUR wins $96m project
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Hor say leow! Next stop 65 cents.....
He wrote both Wee Hur and Sinarmas before
In any case, Wee Hur, Sinarmas and Tuan Sing all high NAV
Wee Hur started to monetise its assets
See when Sinarmas and Tuan Sing perform
FOREVERFREEDOM ( Date: 22-Oct-2024 11:16) Posted:
So now can believe in Indian guy or not? Sinarmas land also in play?
TraderBen ( Date: 22-Oct-2024 11:12) Posted:
| wah buy this bee tang alrdy.. when that indian guy promote on ST.. i didnt believe in hi |
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Looks like maybe beyond ,some good news leaked?
SmallSmall ( Date: 22-Oct-2024 15:03) Posted:
$0.485 liao....Marching towards $0.50
SmallSmall ( Date: 22-Oct-2024 11:19) Posted:
| He probably also cannot believe himself haha.... |
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$0.485 liao....Marching towards $0.50
SmallSmall ( Date: 22-Oct-2024 11:19) Posted:
He probably also cannot believe himself haha.....
TraderBen ( Date: 22-Oct-2024 11:12) Posted:
| wah buy this bee tang alrdy.. when that indian guy promote on ST.. i didnt believe in hi |
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He probably also cannot believe himself haha.....
TraderBen ( Date: 22-Oct-2024 11:12) Posted:
wah buy this bee tang alrdy.. when that indian guy promote on ST.. i didnt believe in him
FOREVERFREEDOM ( Date: 22-Oct-2024 11:10) Posted:
| Yes, possible 0.50 then announce big news after closing |
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So now can believe in Indian guy or not? Sinarmas land also in play?
TraderBen ( Date: 22-Oct-2024 11:12) Posted:
wah buy this bee tang alrdy.. when that indian guy promote on ST.. i didnt believe in him
FOREVERFREEDOM ( Date: 22-Oct-2024 11:10) Posted:
| Yes, possible 0.50 then announce big news after closing |
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wah buy this bee tang alrdy.. when that indian guy promote on ST.. i didnt believe in him
FOREVERFREEDOM ( Date: 22-Oct-2024 11:10) Posted:
Yes, possible 0.50 then announce big news after closing?
easywin ( Date: 22-Oct-2024 10:55) Posted:
| Pricing now still undervalued, possible 50 cents and above by today |
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Yes, possible 0.50 then announce big news after closing?
easywin ( Date: 22-Oct-2024 10:55) Posted:
Pricing now still undervalued, possible 50 cents and above by today?
SmallSmall ( Date: 22-Oct-2024 10:43) Posted:
But still good value lah.
If not wrong, the value per Wee Hur share accruing from the sale (if it goes through and Wee Hur sells off their 50.1% stakes as well) would be about S$0.76-$0.77. |
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Pricing now still undervalued, possible 50 cents and above by today?
SmallSmall ( Date: 22-Oct-2024 10:43) Posted:
But still good value lah.
If not wrong, the value per Wee Hur share accruing from the sale (if it goes through and Wee Hur sells off their 50.1% stakes as well) would be about S$0.76-$0.77.
SmallSmall ( Date: 22-Oct-2024 09:57) Posted:
Already explained already the $1.6 bil is the gross price which includes both GIC' s and Wee Hur' s stakes.
This can be confirmed by multiplying the total number of beds by the price per bed Greystar is paying namely 5662x$285,586= A$1.616 billio |
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i guess wee hur might close at a better price,,,, $1.988 bil !!
SmallSmall ( Date: 22-Oct-2024 10:43) Posted:
But still good value lah.
If not wrong, the value per Wee Hur share accruing from the sale (if it goes through and Wee Hur sells off their 50.1% stakes as well) would be about S$0.76-$0.77.
SmallSmall ( Date: 22-Oct-2024 09:57) Posted:
Already explained already the $1.6 bil is the gross price which includes both GIC' s and Wee Hur' s stakes.
This can be confirmed by multiplying the total number of beds by the price per bed Greystar is paying namely 5662x$285,586= A$1.616 billio |
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But still good value lah.
If not wrong, the value per Wee Hur share accruing from the sale (if it goes through and Wee Hur sells off their 50.1% stakes as well) would be about S$0.76-$0.77.SmallSmall ( Date: 22-Oct-2024 09:57) Posted:
Already explained already the $1.6 bil is the gross price which includes both GIC' s and Wee Hur' s stakes.
This can be confirmed by multiplying the total number of beds by the price per bed Greystar is paying namely 5662x$285,586= A$1.616 billion
QueenMaya ( Date: 21-Oct-2024 16:06) Posted:
| Australian Financial Review is a reputable newspaper.
I am sure they got their facts correct.
Worth to get in now. |
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Already explained already the $1.6 bil is the gross price which includes both GIC' s and Wee Hur' s stakes.
This can be confirmed by multiplying the total number of beds by the price per bed Greystar is paying namely 5662x$285,586= A$1.616 billion
QueenMaya ( Date: 21-Oct-2024 16:06) Posted:
Australian Financial Review is a reputable newspaper.
I am sure they got their facts correct.
Worth to get in now.
FOREVERFREEDOM ( Date: 21-Oct-2024 15:11) Posted:
Dun know who is correct. But shareholders shall clarify with management.
The wording used by two different sources are different. Maybe both interpret differently, Wee Hur Management shall make it clear |
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Australian Financial Review is a reputable newspaper.
I am sure they got their facts correct.
Worth to get in now.
FOREVERFREEDOM ( Date: 21-Oct-2024 15:11) Posted:
Dun know who is correct. But shareholders shall clarify with management.
The wording used by two different sources are different. Maybe both interpret differently, Wee Hur Management shall make it clear
QueenMaya ( Date: 19-Oct-2024 13:34) Posted:
| GIC paid 567.9 m for 49.9 percent stake.
Now selling 3 x at 1.6 billion just its stake correct?
Just GIC stake alone is valued at 1.6 billion.
Please read below.
Singapore?s sovereign wealth fund GIC has ruled off a major coup on Australian shores, agreeing terms to sell its student accommodation business for a $1.6 billion gross price ? or about three times the $568 million it spent on securing the investment from Singapore-listed real estate investment firm Wee Hur Holdings in 202 |
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Dun know who is correct. But shareholders shall clarify with management.
The wording used by two different sources are different. Maybe both interpret differently, Wee Hur Management shall make it clear
QueenMaya ( Date: 19-Oct-2024 13:34) Posted:
GIC paid 567.9 m for 49.9 percent stake.
Now selling 3 x at 1.6 billion just its stake correct?
Just GIC stake alone is valued at 1.6 billion.
Please read below.
Singapore?s sovereign wealth fund GIC has ruled off a major coup on Australian shores, agreeing terms to sell its student accommodation business for a $1.6 billion gross price ? or about three times the $568 million it spent on securing the investment from Singapore-listed real estate investment firm Wee Hur Holdings in 2022
SmallSmall ( Date: 18-Oct-2024 19:51) Posted:
https://www.afr.com/street-talk/future-fund-backed-greystar-to-acquire-gic-s-1-6b-student-housing-biz-20241015-p5kiiu#:~:text=The%20GIC%20acquisition%20will%20sit,bankroll%20its%20expansion%20in%20Australia
&ldquo Singapore&rsquo s sovereign wealth fund GIC has ruled off a major coup on Australian shores, agreeing terms to sell its student accommodation business for a $1.6 billion gross price &ndash or about three times the $568 million it spent on securing the investment from Singapore-listed real estate investment firm Wee Hur Holdings in 2022&rdquo
Thousand apologies. My bad. I was misled by the article published by Financial Review above which said the GIC sale price of A$1.6 billion was about 3x of what they paid (A$568 million) in 2022. So I thought the A$1.6 billion price tag was only referring to the GIC stake of 49.9%.
I had double confirmed that A$1.6 billion is indeed the total value of the portfolio by multiplying the total number of beds by the price per bed Greystar is paying namely 5662x$285,586= A$1.616 billion.
Hence the value per Wee Hur share accruing from the sale (if it goes through and Wee Hur sells off their 50.1% stakes as well) would be about S$0.76-$0.77.
Thanks for pointing out the error.
Please DYODD as always.
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GIC paid 567.9 m for 49.9 percent stake.
Now selling 3 x at 1.6 billion just its stake correct?
Just GIC stake alone is valued at 1.6 billion.
Please read below.
Singapore?s sovereign wealth fund GIC has ruled off a major coup on Australian shores, agreeing terms to sell its student accommodation business for a $1.6 billion gross price ? or about three times the $568 million it spent on securing the investment from Singapore-listed real estate investment firm Wee Hur Holdings in 2022
SmallSmall ( Date: 18-Oct-2024 19:51) Posted:
https://www.afr.com/street-talk/future-fund-backed-greystar-to-acquire-gic-s-1-6b-student-housing-biz-20241015-p5kiiu#:~:text=The%20GIC%20acquisition%20will%20sit,bankroll%20its%20expansion%20in%20Australia
&ldquo Singapore&rsquo s sovereign wealth fund GIC has ruled off a major coup on Australian shores, agreeing terms to sell its student accommodation business for a $1.6 billion gross price &ndash or about three times the $568 million it spent on securing the investment from Singapore-listed real estate investment firm Wee Hur Holdings in 2022&rdquo
Thousand apologies. My bad. I was misled by the article published by Financial Review above which said the GIC sale price of A$1.6 billion was about 3x of what they paid (A$568 million) in 2022. So I thought the A$1.6 billion price tag was only referring to the GIC stake of 49.9%.
I had double confirmed that A$1.6 billion is indeed the total value of the portfolio by multiplying the total number of beds by the price per bed Greystar is paying namely 5662x$285,586= A$1.616 billion.
Hence the value per Wee Hur share accruing from the sale (if it goes through and Wee Hur sells off their 50.1% stakes as well) would be about S$0.76-$0.77.
Thanks for pointing out the error.
Please DYODD as always.
finjungle ( Date: 18-Oct-2024 15:09) Posted:
Your numbers do not look right. Please read the article againabout the numbers.
Thank yo |
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https://www.afr.com/street-talk/future-fund-backed-greystar-to-acquire-gic-s-1-6b-student-housing-biz-20241015-p5kiiu#:~:text=The%20GIC%20acquisition%20will%20sit,bankroll%20its%20expansion%20in%20Australia
&ldquo Singapore&rsquo s sovereign wealth fund GIC has ruled off a major coup on Australian shores, agreeing terms to sell its student accommodation business for a $1.6 billion gross price &ndash or about three times the $568 million it spent on securing the investment from Singapore-listed real estate investment firm Wee Hur Holdings in 2022&rdquo
Thousand apologies. My bad. I was misled by the article published by Financial Review above which said the GIC sale price of A$1.6 billion was about 3x of what they paid (A$568 million) in 2022. So I thought the A$1.6 billion price tag was only referring to the GIC stake of 49.9%.
I had double confirmed that A$1.6 billion is indeed the total value of the portfolio by multiplying the total number of beds by the price per bed Greystar is paying namely 5662x$285,586= A$1.616 billion.
Hence the value per Wee Hur share accruing from the sale (if it goes through and Wee Hur sells off their 50.1% stakes as well) would be about S$0.76-$0.77.
Thanks for pointing out the error.
Please DYODD as always.
finjungle ( Date: 18-Oct-2024 15:09) Posted:
Your numbers do not look right. Please read the article againabout the numbers.
Thank you
easywin ( Date: 18-Oct-2024 13:47) Posted:
| Cheap sales going to end soon as weak holders has been cleare |
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Hello Foreverfreedom
Yes, you got it.
If this is successfully transacted, would the Board recommend a good payout?
The company still need working capital for building dormitories in SG and property development in Aus.
This share is more of a long term play assuming it continues to be profitable and generating cash flows
FOREVERFREEDOM ( Date: 18-Oct-2024 17:04) Posted:
I get what you mean. The A1.6b is for whole Australia JV business. 50.1% shall be equivalent to A$0.8b (S$700m)? which translated to cash per shares of S$0.77?
finjungle ( Date: 18-Oct-2024 16:10) Posted:
| Using your numbers the total amount payable by the buyer would be A$3.2 BILLION |
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I get what you mean. The A1.6b is for whole Australia JV business. 50.1% shall be equivalent to A$0.8b (S$700m)? which translated to cash per shares of S$0.77?
finjungle ( Date: 18-Oct-2024 16:10) Posted:
Using your numbers the total amount payable by the buyer would be A$3.2 BILLION.
FOREVERFREEDOM ( Date: 18-Oct-2024 15:45) Posted:
If 49.9% GIC' s holding value at A$1.6b (equivalent to S$1.4b?)
51.1% owned by Wee Hur shall also around A$1.6b |
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Using your numbers the total amount payable by the buyer would be A$3.2 BILLION.
FOREVERFREEDOM ( Date: 18-Oct-2024 15:45) Posted:
If 49.9% GIC' s holding value at A$1.6b (equivalent to S$1.4b?)
51.1% owned by Wee Hur shall also around A$1.6b?
finjungle ( Date: 18-Oct-2024 15:09) Posted:
Your numbers do not look right. Please read the article againabout the numbers.
Thank yo |
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If 49.9% GIC' s holding value at A$1.6b (equivalent to S$1.4b?)
51.1% owned by Wee Hur shall also around A$1.6b?
finjungle ( Date: 18-Oct-2024 15:09) Posted:
Your numbers do not look right. Please read the article againabout the numbers.
Thank you
easywin ( Date: 18-Oct-2024 13:47) Posted:
| Cheap sales going to end soon as weak holders has been cleare |
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