Ascott REIT   

Ascott Buy or Sell

hope so too

it like placement effect is zero..haha

rayzer85      ( Date: 25-Apr-2016 23:06) Posted: Hopefully we' ll get to see 1.06, fingers crossed ecekca      ( Date: 25-Apr-2016 21:56) Posted: Still expecting it to go lower and hit 1.06 range..

 

Hopefully we' ll get to see 1.06, fingers crossed

ecekca      ( Date: 25-Apr-2016 21:56) Posted: Still expecting it to go lower and hit 1.06 range..

 

Still expecting it to go lower and hit 1.06 range..

 

let see how it react for the next few days..

ecekca      ( Date: 20-Apr-2016 17:37) Posted: wait till it hit 1.06 again then buy.. now technical overbot level, won' t enter..   chengwh1      ( Date: 20-Apr-2016 08:12) Posted: You are really confident on this trust. YOu are keen to load-up more ??

 

to entice those institutional investors..

that why after issue, price went down then up again..weird

antifragile      ( Date: 20-Apr-2016 23:23) Posted: price looks expensive. they issued share at 1.05. how come they didnt issue it at $1.15?

 

price looks expensive. they issued share at 1.05. how come they didnt issue it at $1.15? 

 

wait till it hit 1.06 again then buy..

now technical overbot level, won' t enter..
 

chengwh1      ( Date: 20-Apr-2016 08:12) Posted: You are really confident on this trust. YOu are keen to load-up more ?? ecekca      ( Date: 20-Apr-2016 07:52) Posted: okay, betting them to drop more based on their technical. :)

 

You are really confident on this trust. YOu are keen to load-up more ??

ecekca      ( Date: 20-Apr-2016 07:52) Posted: okay, betting them to drop more based on their technical. :)   chengwh1      ( Date: 20-Apr-2016 07:40) Posted: Hi ecekca,...I' m thinking I' ll hold for now,... not to buy more. Let them reach their 6Bil worth of asset value first, then we see what will they harp on next  as their ambition. Chances are Orchard Sgp' s acquisition will add further dilutions. The unitholders have also given their ' Yes' , allowing them to issue new shares during the recent AGM. We' re at their mercy. We should observe how they would do their Orchard Rd acq first before deciding further. If they do listen to unitholders' opinions, then the Orchard Rd acq should not be dilutive to unitholders. Let' s see how they do the acquisition - this will be a turning point to observe whether the BOD listens to us or not.

 

okay, betting them to drop more based on their technical.

:)

 

chengwh1      ( Date: 20-Apr-2016 07:40) Posted: Hi ecekca,...I' m thinking I' ll hold for now,... not to buy more. Let them reach their 6Bil worth of asset value first, then we see what will they harp on next  as their ambition. Chances are Orchard Sgp' s acquisition will add further dilutions. The unitholders have also given their ' Yes' , allowing them to issue new shares during the recent AGM. We' re at their mercy. We should observe how they would do their Orchard Rd acq first before deciding further. If they do listen to unitholders' opinions, then the Orchard Rd acq should not be dilutive to unitholders. Let' s see how they do the acquisition - this will be a turning point to observe whether the BOD listens to us or not.

 

Hi ecekca,...I' m thinking I' ll hold for now,... not to buy more. Let them reach their 6Bil worth of asset value first, then we see what will they harp on next  as their ambition. Chances are Orchard Sgp' s acquisition will add further dilutions. The unitholders have also given their ' Yes' , allowing them to issue new shares during the recent AGM. We' re at their mercy. We should observe how they would do their Orchard Rd acq first before deciding further. If they do listen to unitholders' opinions, then the Orchard Rd acq should not be dilutive to unitholders. Let' s see how they do the acquisition - this will be a turning point to observe whether the BOD listens to us or not.

 

the recent dilution around 6.35%... (due to the private placement)

ecekca      ( Date: 19-Apr-2016 09:15) Posted: SELL indicator ?? More placements coming up? cos debt ratio already high.. When our acquisition of Ascott Orchard Singapore is completed next year, Ascott Reit&rsquo s asset size will further expand to S$5.4 billion, putting us well on course to achieve our target of S$6.0 billion by 2017.&rdquo

 

SELL indicator ?? More placements coming up? cos debt ratio already high..

When our
acquisition of Ascott Orchard Singapore is completed next year, Ascott Reit&rsquo s asset size will
further expand to S$5.4 billion, putting us well on course to achieve our target of S$6.0 billion
by 2017.&rdquo

 

you went ?

so what you plan to do?

i think Ascot dropping back to 1.04 soon. (based on technical.) overbot now

chengwh1      ( Date: 17-Apr-2016 13:56) Posted: Glimpses of this matter came and went over this weekend,... and I' m beginning to form the idea that the manager is actually more intent to achieve the 6Bil worth of assets, RATHER than creating unitholders' value. Sure, the BOD' s holdings will also be destroyed/damaged, but they have other means of remuneration from the performance of this REIT compared to us. To the BOD, by hook or by crook or whats not, they have to achieve the 6Bil assets asap. What I gathered from the AGM was that this would be critical mass for this REIT to survive. To reach 6Bil, by debt or by equity placement is fine, so long as they can finance the acquisitions. SCary,...

 

Glimpses of this matter came and went over this weekend,... and I' m beginning to form the idea that the manager is actually more intent to achieve the 6Bil worth of assets, RATHER than creating unitholders' value. Sure, the BOD' s holdings will also be destroyed/damaged, but they have other means of remuneration from the performance of this REIT compared to us. To the BOD, by hook or by crook or whats not, they have to achieve the 6Bil assets asap. What I gathered from the AGM was that this would be critical mass for this REIT to survive. To reach 6Bil, by debt or by equity placement is fine, so long as they can finance the acquisitions. SCary,...

 

What is everybody' s take from the AGM ? In spite of the Chairman replying in the AGM that unit price is ' beyond' the board' s control, the unitholders have managed to ' dig out' the reason why the unit price dipped to 1.06. The unitholders remonded the board that ' reaching 6Bil asset size' should not be the utmost objective, if the outcome  is detrimental to unitholders in the form of unit price performance. 

Unitholders can only hope that the board will be more careful from now on. But we have made out voices heard. Can' t decide yet whether to pull-out or not. If pulling-out, there is the hurdle of what to buy next. Can' t just hold cash.

 

yes of course

are you still holding it? or you planning to sell after the AGM?

chengwh1      ( Date: 13-Apr-2016 00:57) Posted: Problem is the ' hidden hands' won' t be there forever. After awhile, they will go away, and the price will drop again.

 

Problem is the ' hidden hands' won' t be there forever. After awhile, they will go away, and the price will drop again.

 

let' s the hidden hands move it higher..

chengwh1      ( Date: 12-Apr-2016 10:03) Posted: Maybe some hidden hands are ' making' the  unit price go higher in order to avoid queries by unitholders at the AGM in two days' time. Certainly this is not going to deter unitholders from raising that question. I will sell-away if the management can' t provide a good answer.

 

Maybe some hidden hands are ' making' the  unit price go higher in order to avoid queries by unitholders at the AGM in two days' time. Certainly this is not going to deter unitholders from raising that question. I will sell-away if the management can' t provide a good answer.

 

Resistance 1.124. Me still holding at 1.13