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i got the same feeling
mrwise ( Date: 14-May-2020 11:39) Posted:
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Back to below $2 soon...
TA_Expert ( Date: 14-May-2020 11:36) Posted:
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It is understandable since funds have been buying up for so long. All of them are sitting on huge gains, so selling some to lock in profits.
Tuxsam ( Date: 14-May-2020 11:35) Posted:
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Price keeps dropping day after day. What happened? :(
isit still too late to enter in now ?
humbleman ( Date: 02-May-2020 09:31) Posted:
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Fair price to buy now?
Oh, falling. going to crash soon.
Joelton ( Date: 29-Apr-2020 09:59) Posted:
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Keppel T& T pares stake in Keppel DC Reit for S$2.42 per unit
TUE, APR 28, 2020 - 9:15 AMKEPPEL DC Reit' s sponsor Keppel Telecommunications & Transportation (Keppel T& T) has agreed to sell 38 million units in the data-centre real estate investment trust, representing a 2.33 per cent stake, for S$2.42 apiece.
The Keppel Corp subsidiary on Monday inked a sale-and-purchase agreement with Credit Suisse (Singapore) as the placement agent. Credit Suisse will procure the purchase of or, failing which, will purchase the sale units.
Post-transaction, Keppel T& T will continue to be the single largest unitholder of the real estate investment trust with a 20.58 per cent stake, Keppel Corp said on Tuesday morning.
The total cash consideration is about S$92 million, before deducting the underwriting and selling commission and other estimated fees and expenses incurred.
A Keppel T& T spokesperson said the divestment " is an opportune move to realise profits, and the funds released can be redeployed to capture new opportunities" , which is in line with the Keppel group' s capital recycling strategy.
" Keppel T& T is committed to the long-term growth of Keppel DC Reit and will continue to maintain a strategic presence in the Reit, both as the single largest unitholder and its sponsor," the spokesperson added.
The sale price of S$2.42 per unit was arrived at after taking into account Keppel DC Reit' s last transacted price of S$2.52 per unit on the Singapore Exchange as at April 27, and the volume-weighted average price of S$2.4979 apiece for the full market day on April 27.
The book value and net tangible asset value per sale unit were both S$1.14 as at Dec 31, 2019.
The sale is expected to complete on April 30, 2020. Upon completion, Keppel Corp' s indirect interest in Keppel DC Reit will decrease to 20.93 per cent (about 341.8 million units), from 23.26 per cent (about 379.8 million units).
Keppel Corp said the gain on disposal is estimated at S$46 million, based on the sale price of S$2.42 per unit.
Shares of Keppel Corp closed at S$5.81 on Monday, up S$0.12 or 2.1 per cent, while units in Keppel DC Reit finished at S$2.52, up S$0.10 or 4.1 per cent.
https://www.businesstimes.com.sg/companies-markets/keppel-tt-pares-stake-in-keppel-dc-reit-for-s242-per-unit
Credit Susie willing to buy at high price 2.42, there must be optimistic prospect
tangoanna ( Date: 28-Apr-2020 13:50) Posted:
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Great news for Keppel Corp.
Tuestar ( Date: 28-Apr-2020 13:33) Posted:
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www.businesstimes.com.sg/companies-markets/keppel-tt-pares-stake-in-keppel-dc-reit-for-s242-per-unit
must go down a lot to its true value
Ytd a substantial shareholder dump abit. Anyway KDC is overvalued at the moment. Good to lock in profits ytd.
pnuklis ( Date: 28-Apr-2020 09:46) Posted:
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Why KDC got hantam today?? Any news?????????????
Correction coming. Overvalued
3333k volume...$2.33 WAH nice...
the only counter green green with volume. what happen??
never cut loss??? 238.. it is 20% down?
superstartup ( Date: 10-Mar-2020 15:25) Posted:
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Vested in Keppel DC Reit,
$1.20?
john_ric ( Date: 12-Mar-2020 19:04) Posted:
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