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1401-1420 of 1552
I have sold. My take is next dividends is too far away to keep the price propped up.
Will buy again if it drops to 1.2
Will buy again if it drops to 1.2
Ya, ya...
GreenTrap ( Date: 23-Oct-2020 15:31) Posted:
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Either hold or load nia.
Aiya, to me anything below $1.30 considered attractive lor.
Don' t forget NAV is about $1.60 leh.
Don' t forget NAV is about $1.60 leh.
huat huat
tangoanna ( Date: 23-Oct-2020 10:55) Posted:
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CapitaRetail China Trust: the upside prevails as long as 1.24 is support
Huge blocks of off-market transactions today.Added more at $1.25. DYODD
Last few weeks to grab at cheap price.
Current gearing for CRCT is about 33.6% only.
With this $100 m and ample headroom for borrowing,
seems like they are getting ready to execute the new mandate.
With this $100 m and ample headroom for borrowing,
seems like they are getting ready to execute the new mandate.
CRCT, Suntec Reit go to market with perps offering
TWO new perpetual securities from real estate investment trusts (Reits) are coming to the market.
CapitaLand Retail China Trust (CRCT) on Tuesday priced S$100 million in surbordinated perps, which have no fixed redemption date, with distribution at 3.375 per cent annually for five years.
Subsequent distribution will be based on swap offer rate - or its successor rate - plus the initial spread of 2.875 per cent, if the perps are not redeemed.
Meanwhile, the trustee of Suntec Real Estate Investment Trust (Suntec Reit) has priced S$200 million in subordinated perps at 3.8 per cent, the Reit manager said on Monday night.
Net proceeds from the issue will be used by the Reit and its subsidiaries for refinancing existing borrowings, financing or refinancing acquisitions and/or investments, financing any asset enhancement works which it has an interest in, as well as general corporate purposes. The new perps are expected to be issued on Oct 27, subject to the satisfaction of customary closing conditions. Distributions will be payable semi-annually starting April 27, 2021.
The rate of distribution for the perps will be 3.8 per cent per annum from Oct 27, 2020, to Oct 26, 2025. For the period from Oct 27, 2025, and each reset date following, the reset rate of distribution will be a rate equivalent to the swap offer rate or such other successor rate.
If there is no successor rate, the reset rate of distribution will be an alternative reference rate, plus the initial spread of 3.295 per cent.
128, waiting for more good news (if any)
Bros,... when CRCT announces the first industrial or data centre asset located in China, HK or Macau, the price will trend up further,... the new expended mandate will kick-in at end-October. This will be the next catalyst.
I observed the very same thing happening with MINT a few years ago.
I observed the very same thing happening with MINT a few years ago.
The cataylst was the news regarding the change in strategy to take in all asset class.
Price moved significantly and DBS merely helped push it further.
Now the hype die down, price naturally go down, at least a little.
Going forward, we will see price moment only when they post good results.
Price moved significantly and DBS merely helped push it further.
Now the hype die down, price naturally go down, at least a little.
Going forward, we will see price moment only when they post good results.
ysh2006 ( Date: 15-Oct-2020 16:24) Posted:
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Buy and keep.
Last two weeks if no DBS analyst said good ,this counter only trading at 1.14 only...DBS analyst like to take up counter later no follow through ? wait for5 it to drop back and take profit..
GreenTrap ( Date: 15-Oct-2020 15:46) Posted:
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Lao hong
$1.80 not so easy. But I think $1.50 is quite within reach. So once get there first see how.
pkli899 ( Date: 15-Oct-2020 11:20) Posted:
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U have a point.
However, need good results and prospect to push up the price.
$1.80 a bit far fetch for now.
However, need good results and prospect to push up the price.
$1.80 a bit far fetch for now.
lifeisgood ( Date: 15-Oct-2020 09:20) Posted:
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They must not be complacent otherwise another covid wave bring down everything.
Current DPU yield of CRCT is about 8%. If acquired assets from Capitaland to be DPU yield acretive, need to push the CRCT yield down to about 5% or so. Which means CRCT share price needs to go to minimum circa $1.80.