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1301-1320 of 1690
https://www.theedgesingapore.com/lmirt-downgraded-higher-tax-expense-weaker-rupiah
https://www.theedgesingapore.com/singapore-allows-currency-gain-gradual-tightening-move
I am still stuck with this .. Think I will sell soon
Any rights issue is likely to be deeply discounted.
From my personal experience, when an entity whose operations are controlled by a large shareholder, they usually deeply discount the right issue price hoping that some do not subscribe and they gain by subscribing.
This has the effect of lowering the price further.
alexchew ( Date: 13-Apr-2018 14:07) Posted:
should be rights issue
EveryoneHuatLah ( Date: 13-Apr-2018 14:00) Posted:
| Wow someone just dump 800k at 0.33 hope it doesnt break |
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Income support from the sponsor is for an absolute amount of income and will still be support to the new tax...it does not guarantee that the yield remains at a certain level.
laksaman57 ( Date: 13-Apr-2018 12:46) Posted:
Not forgetting income support
wuyy999 ( Date: 13-Apr-2018 12:34) Posted:
| yield going forward is not 9% as the dividend payout going forward will definitely drop |
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such a high volume for a big drop these few days.. cannot be without news.
RogerTech ( Date: 13-Apr-2018 14:10) Posted:
recovering at 0.34 !!!
alexchew ( Date: 13-Apr-2018 14:07) Posted:
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recovering at 0.34 !!!
alexchew ( Date: 13-Apr-2018 14:07) Posted:
should be rights issue
EveryoneHuatLah ( Date: 13-Apr-2018 14:00) Posted:
| Wow someone just dump 800k at 0.33 hope it doesnt break |
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should be rights issue
EveryoneHuatLah ( Date: 13-Apr-2018 14:00) Posted:
| Wow someone just dump 800k at 0.33 hope it doesnt break |
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Wow someone just dump 800k at 0.33 hope it doesnt break
Looks like the price is holding well
EveryoneHuatLah ( Date: 13-Apr-2018 10:18) Posted:
Next support should be around 0.33
bishan22 ( Date: 13-Apr-2018 10:17) Posted:
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never base buy/sell on brokers' recommedation, they don' t have much track record!
take a look at SempCorpMarine, Keppel, CSE Global, ... their recommeds are just shit !!!
Starship ( Date: 13-Apr-2018 13:20) Posted:
LMIRT downgraded on higher tax expense, weaker rupiah
13/04/18, 12:42 pm
SINGAPORE (Apr 13): CIMB is downgrading Lippo Malls Indonesia Retail Trust (LMIRT) to &ldquo reduce&rdquo from &ldquo hold&rdquo with a lower target price of 33 cents.
The downgrade followed amendments made by the Indonesian government to rules regarding payment of income tax on income received or earned from land and building leases in Indonesia from Jan 2.
Based on the trust&rsquo s pro-forma assessment, it indicated that its FY17 distributable income could drop by about 7.2% to 3.19 cents, instead of 3.44 cents. This situation is also assuming that the new regulations were in effect on Jan 1 instead.
https://www.theedgesingapore.com/lmirt-downgraded-higher-tax-expense-weaker-rupiah |
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LMIRT downgraded on higher tax expense, weaker rupiah
13/04/18, 12:42 pm
SINGAPORE (Apr 13): CIMB is downgrading Lippo Malls Indonesia Retail Trust (LMIRT) to &ldquo reduce&rdquo from &ldquo hold&rdquo with a lower target price of 33 cents.
The downgrade followed amendments made by the Indonesian government to rules regarding payment of income tax on income received or earned from land and building leases in Indonesia from Jan 2.
Based on the trust&rsquo s pro-forma assessment, it indicated that its FY17 distributable income could drop by about 7.2% to 3.19 cents, instead of 3.44 cents. This situation is also assuming that the new regulations were in effect on Jan 1 instead.
https://www.theedgesingapore.com/lmirt-downgraded-higher-tax-expense-weaker-rupiah
based on last year for one mall, renewal of lease is almost free OR very cheap in indonesia!
diff deom SG ! it is a good chance to accumulate ...
wuyy999 ( Date: 13-Apr-2018 12:31) Posted:
sorry, 30 cents.
to be clear, I had meant the leases of the malls and not those of tenants...not sure how much the property owner has to pay the gov' t to renew the leases...not cheap.
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even if yield drop to 8% in the future, still worth buying !
wuyy999 ( Date: 13-Apr-2018 12:34) Posted:
yield going forward is not 9% as the dividend payout going forward will definitely drop.
RogerTech ( Date: 13-Apr-2018 11:21) Posted:
Fire sale from LMIRT ! Get it cheap and collect dividend !!!
yield > 9% ! |
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Not forgetting income support
wuyy999 ( Date: 13-Apr-2018 12:34) Posted:
yield going forward is not 9% as the dividend payout going forward will definitely drop.
RogerTech ( Date: 13-Apr-2018 11:21) Posted:
Fire sale from LMIRT ! Get it cheap and collect dividend !!!
yield > 9% ! |
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The lowest it hit was in Jan 2015 29c then
wuyy999 ( Date: 13-Apr-2018 12:31) Posted:
sorry, 30 cents.
to be clear, I had meant the leases of the malls and not those of tenants...not sure how much the property owner has to pay the gov' t to renew the leases...not cheap.
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yield going forward is not 9% as the dividend payout going forward will definitely drop.
RogerTech ( Date: 13-Apr-2018 11:21) Posted:
Fire sale from LMIRT ! Get it cheap and collect dividend !!!
yield > 9% ! |
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sorry, 30 cents.
to be clear, I had meant the leases of the malls and not those of tenants...not sure how much the property owner has to pay the gov' t to renew the leases...not cheap.
The transfer of listing will add further risks as the government there may require the REIT to meet further requirements.
I just looked at the leasehold status of the malls and am shocked that the leases are so short, with many ending their leases very soon.
Further, given the increased religious sensitivities there, the malls may become objects of attacks.
In addition to other risk factors already mentioned by others, I think it will drop to 3 cents.
Think was about 2 years+ ago that Lippo wanted to transfer its listings back to Jakarta but now got walloped so low ....
