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1361-1380 of 1690
Have placed on review for downgrade does not means already confirmed LippoMall downgraded to junk. So far there were no concrete circumstantial evidences to prove that LippoMall in fact was in junk territory. It is good opportunity to accumulate at such low price. Vested & DYODD.
Down rating helped bring down price for retail investor to accumulate and keep trust mgr/sponsor on their toe to maintain/increase dpu. Mgr quick response show they are concern about share price and investor confidence.
Buy low sell high
Ya..force to sell if confirm...that why my broker discourage me to buy..say junk...dont play
ysh2006 ( Date: 23-Dec-2017 07:33) Posted:
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The rating agency is famious in world wide they said no good mean many oversea fund will sell because their mandate cannot hold this" junk" share.....
angmohlin ( Date: 22-Dec-2017 14:51) Posted:
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Singapore, 22 December 2017 ? LMIRT Management Ltd, the manager of Lippo Malls Indonesia
Retail Trust (?LMIR Trust? or the ?Trust?), refers to the article titled ?Moody?s reviewing Lippo Malls
Retail Trust rating for possible downgrade to junk? published in the Business Times on 21 December
2017.
The Manager would like to state that as at 22 December 2017, with the completion of the two recent
acquisitions of Lippo Plaza Jogja and Kediri Town Square at a total purchase consideration of
S$98.1 million, the Trust?s gearing stood at 32.2%, which is well within the Monetary Authority of
Singapore?s regulatory limit of 45%.
Chief Executive Officer of the REIT Manager, Ms Chan Lie Leng, said, ?Since the listing of LMIR
Trust, we have proactively managed our capital structure and have kept our gearing well below the
regulatory limit even as the Trust increases our assets. All our assets are income-producing with a
total occupancy rate at 93.4%, higher than industry average of 85.0%. Lippo group of companies
remain our major tenants in our malls and there has not been any incidence of non-repayment or
default of rental payments and we are confident that there will not be any such incidence in future.
Our Sponsor, PT Lippo Karawaci Tbk remains committed to our operations and has consistently
demonstrated its support through our mall operator PT Lippo Mall Indonesia.
The Trust received its Moody?s issuer rating of Baa3 on 12 June 2015. Any possible downgrade by
Moody?s Investors Service of this credit rating will not affect or cause a default of any of the Trust?s
existing debt facilities or issued bonds and perpetual securities.?
In fact, the Trust has recently managed to obtain an S$80 million unsecured uncommitted revolving
credit facility from CIMB Bank Berhad, Singapore Branch (?CIMB?).
?With the support from CIMB as well as other banks, coupled with our prudent management strategy,
we are confident that we are able to manage our refinancing risk. As at 30 September 2017, 70% of
our debt is on fixed rate basis to mitigate the impact of uncertain interest rate fluctuations,?
Retail Trust (?LMIR Trust? or the ?Trust?), refers to the article titled ?Moody?s reviewing Lippo Malls
Retail Trust rating for possible downgrade to junk? published in the Business Times on 21 December
2017.
The Manager would like to state that as at 22 December 2017, with the completion of the two recent
acquisitions of Lippo Plaza Jogja and Kediri Town Square at a total purchase consideration of
S$98.1 million, the Trust?s gearing stood at 32.2%, which is well within the Monetary Authority of
Singapore?s regulatory limit of 45%.
Chief Executive Officer of the REIT Manager, Ms Chan Lie Leng, said, ?Since the listing of LMIR
Trust, we have proactively managed our capital structure and have kept our gearing well below the
regulatory limit even as the Trust increases our assets. All our assets are income-producing with a
total occupancy rate at 93.4%, higher than industry average of 85.0%. Lippo group of companies
remain our major tenants in our malls and there has not been any incidence of non-repayment or
default of rental payments and we are confident that there will not be any such incidence in future.
Our Sponsor, PT Lippo Karawaci Tbk remains committed to our operations and has consistently
demonstrated its support through our mall operator PT Lippo Mall Indonesia.
The Trust received its Moody?s issuer rating of Baa3 on 12 June 2015. Any possible downgrade by
Moody?s Investors Service of this credit rating will not affect or cause a default of any of the Trust?s
existing debt facilities or issued bonds and perpetual securities.?
In fact, the Trust has recently managed to obtain an S$80 million unsecured uncommitted revolving
credit facility from CIMB Bank Berhad, Singapore Branch (?CIMB?).
?With the support from CIMB as well as other banks, coupled with our prudent management strategy,
we are confident that we are able to manage our refinancing risk. As at 30 September 2017, 70% of
our debt is on fixed rate basis to mitigate the impact of uncertain interest rate fluctuations,?
http://lmir.listedcompany.com/news.html/id/619864
Based on past distributions, Lippomall has had given 30.39% return over a 4 yrs period which is about 7.6% yield per year. If not because of nonsense report to cause the unit price dropped so drastically, those vested in 4 yrs ago still able to have small capital gain over the good distribution yield. All in all, LippoMall should be a good reit to accumulate for stable and good yield. Vested. DYODD.
WAT PRICE?
angmohlin ( Date: 22-Dec-2017 14:51) Posted:
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I am queueing to long some more as it is a good opportunity to accumulate for good distributions. Past distributions have had proven good investment even you bought at 40 cents in 4 years ago.
back to 20 cents?
Better avoid...
milopeng ( Date: 22-Dec-2017 08:28) Posted:
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< > businesstimes.com.sg/companies-markets/moodys-reviewing-lippo-malls-retail-trust-rating-for-possible-downgrade-to-junk
No wonder people are dumping this...i was thinking i could enjoy gains for 2 more year until the master lease expire....
No wonder people are dumping this...i was thinking i could enjoy gains for 2 more year until the master lease expire....
stock price is not based on logic, else everyone will be makig money
infact, the best way for bb to earn is to buy low and sell upon good news are publised where retailers are very willingly to buy at high
infact, the best way for bb to earn is to buy low and sell upon good news are publised where retailers are very willingly to buy at high
cakewee ( Date: 08-Dec-2017 09:33) Posted:
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http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=RSSAnnouncementToday&F=B7N99AS5X65N6OR8&H=23a81ffe0b42e372644607e157d4d874d0a5f530aeaeef79ad54028d8d2cb52d
Strangly, even with positive news on land lease extension and growing portfolio. the price of this trust is falling. could anyone advise, please?
"LMIRT Management Ltd., in its capacity as manager of Lippo Malls Indonesia Retail Trust (?LMIR
Trust?, and as manager of LMIR Trust, the ?Manager?) is pleased to announce that the National
Land Authority (Badan Pertanahan Nasional) has extended the Hak Guna Bangunan or HGB title
for the underlying land on which the four strata title ownership certificates of Mall WTC Matahari
Units are registered for a period of 20 years to 8 April 2038 and the validity of the four strata title
ownership certificates have accordingly been extended for the same period."
Hope they'll use right issuance to pay up the 7% perpetual bond. Let shareholder earn better than bond holders.
More likely price stabilise at 41.5/42 cuts then rights issue price at 35cts (15% discount)
oldcoconut ( Date: 28-Nov-2017 23:16) Posted:
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