RHT HealthTrust   

Religare H Trust

That' s good ! Finally

MonkeyKingGod      ( Date: 13-Feb-2018 16:25) Posted: acquistion goes through!

 

acquistion goes through!

 

and look at fortis healthcare share price. CRAP

Jackpro      ( Date: 12-Feb-2018 10:02) Posted: the price is ridiculous now. touching 0.7

 

i think dont annouce the buy over better. the price was at 0.795 before the leap to 0.9x

now more than 10% below the price that before the news was release. really rubbish.

 

the price is ridiculous now. touching 0.7

 

seems the promoters are in big trouble. Now under investigation for taking out money without board approval from Fortis healthcare (500cr ~78 milion USD). Indian stock exchanges send out notice today..

 

My personal view: Local investors more adventurous, with Dow past few days correction, expected interest rise and parents company issue, price still hold so well. If this REITs is listed in US, will see 15 to 25% correction

 

Maybe they believe all debts brought over to a new year will disappear like magic.

jo3yloh      ( Date: 09-Feb-2018 06:19) Posted: Too bad they?re indians. Dont belive in such things Secret_Squirrel      ( Date: 08-Feb-2018 13:17) Posted: It is no good to carry over your debts over Chinese New Year.   It will only bring bad luck

 

https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/malvinder-singh-and-shivinder-singh-resign-from-fortis-healthcare-board/articleshow/62840191.cms

 

Too bad they?re indians. Dont belive in such things

Secret_Squirrel      ( Date: 08-Feb-2018 13:17) Posted: It is no good to carry over your debts over Chinese New Year.   It will only bring bad luck  yeoyeoyeo      ( Date: 08-Feb-2018 10:57) Posted: Since 15 January 2018, RHT has received INR318.0 million (approximately 32%) of the aforesaid outstanding amount. The Trustee-Manager is continuing to actively follow up with the Fortis entities on the remaining outstanding amounts. If U are a landlord and have problem collecting from tenant this month, u will have greater challenge collecting rental next month as the tenant need to pay for this month and next month. Too bad RHT can?t do anything like chasing out the tenant as Fortis is the only tenant For those still holding, hope the sales can go through so the risk u are taking now will be rewarded I have no positions in above stock since Dec 2017 due to risk I mentioned

 

It is no good to carry over your debts over Chinese New Year.   It will only bring bad luck 

yeoyeoyeo      ( Date: 08-Feb-2018 10:57) Posted: Since 15 January 2018, RHT has received INR318.0 million (approximately 32%) of the aforesaid outstanding amount. The Trustee-Manager is continuing to actively follow up with the Fortis entities on the remaining outstanding amounts. If U are a landlord and have problem collecting from tenant this month, u will have greater challenge collecting rental next month as the tenant need to pay for this month and next month. Too bad RHT can?t do anything like chasing out the tenant as Fortis is the only tenant For those still holding, hope the sales can go through so the risk u are taking now will be rewarded I have no positions in above stock since Dec 2017 due to risk I mentioned

 

Since 15 January 2018, RHT has received INR318.0 million (approximately 32%) of the aforesaid outstanding amount. The Trustee-Manager is continuing to actively follow up with the Fortis entities on the remaining outstanding amounts.

If U are a landlord and have problem collecting from tenant this month, u will have greater challenge collecting rental next month as the tenant need to pay for this month and next month.

Too bad RHT can?t do anything like chasing out the tenant as Fortis is the only tenant

For those still holding, hope the sales can go through so the risk u are taking now will be rewarded

I have no positions in above stock since Dec 2017 due to risk I mentioned

 

Seems to be some problems with the parents:

1st case:

https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/billionaire-singh-brothers-accused-in-lawsuit-of-siphoning-money/articleshow/62688940.cms

2nd case: 

https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/delhi-high-court-upholds-daiichis-rs-3500-crore-arbitral-award-against-singh-brothers/articleshow/62723186.cms
 

 

Still not paid. They dont know what is trust in Business. They can trust, shit can eat.

 

Still no news yet. Maybe have to wait until tomorrow for any update.

Secret_Squirrel      ( Date: 31-Jan-2018 16:25) Posted: Earlier RHT announce on 15 jan at SGX website that Fortis undertake to pay the various RHT entities the remaining outstanding amount by 31 jan 2018. Any news yet? beginners      ( Date: 12-Dec-2017 19:21) Posted: Money in the pocket first.

 

Earlier RHT announce on 15 jan at SGX website that Fortis undertake to pay the various RHT entities the remaining outstanding amount by 31 jan 2018. Any news yet?

beginners      ( Date: 12-Dec-2017 19:21) Posted: Money in the pocket first. Secret_Squirrel      ( Date: 06-Dec-2017 21:33) Posted: The CFO cum Executive director sold 300000 sshares.CAN' T UNDERSTAND

 

Money in the pocket first.

Secret_Squirrel      ( Date: 06-Dec-2017 21:33) Posted: The CFO cum Executive director sold 300000 sshares.CAN' T UNDERSTAND   level13      ( Date: 22-Nov-2017 14:54) Posted: Lol! Maybe you have made an honest mistake. Pls stand corrected. The director SOLD 300,000 units

 

RHT&rsquo s distribution policy is to distribute at least 90% of its distributable income on a semi-annual basis, for every six-month period ending 30 September and 31 March. As stated in the announcement dated 15 November 2017 in relation to the proposed disposal of the entire asset portfolio of RHT (the &ldquo Term Sheet Announcement&rdquo ), certain service fees and interest income on the CCDs (approximately INR1,431.1 million in aggregate) have not been received from the relevant Fortis entities in respect of the six months ended 30 September 2017. In view of the foregoing and not withstanding distributable income attributable of S$19.112 million1 for the six months ended 30 September 2017 (&ldquo 1HFY2018 Distributable Income&rdquo ), the Trustee-Manager had not declared a distribution for the six months ended 30 September 2017. The Consideration (as defined in the Term Sheet Announcement) will be adjusted upwards by the outstanding service fees and interest income unless fully received by the Trustee-Manager beforehand, at which time, the Trustee-Manager will consider the distribution of the 1HFY2018 Distributable Income subject to compliance with the applicable laws and regulations (including the listing rules of the SGXST) and the Trust Deed of RHT. 

dunno when then will annouce, this counter losing steam

 

The CFO cum Executive director sold 300000 sshares.CAN' T UNDERSTAND
 

level13      ( Date: 22-Nov-2017 14:54) Posted: Lol! Maybe you have made an honest mistake. Pls stand corrected. The director SOLD 300,000 units. e4ezzz      ( Date: 22-Nov-2017 14:17) Posted: Reason why the stock has been going down from 0.965 is that the funds that hold this stock dislike the uncertainty and messiness of the deal, thus the selling. I believe new funds will come in soon. Anyway today is the big force-sell day for purchase done last wednesday. Take cue from the Executive Director of RHT, who purchased 300,000 at 0.925 last wednesday, http://infopub.sgx.com/FileOpen/_RHT_Form_1_PS_17_Nov_17.ashx?App=Announcement& FileID=478998, the present  price is a huge bargain.

 

My concern is why Fortis delay in paying RHT so RHT could pay the shareholders 90 percent of their earnings. Whether Fortis is buying RHT, payments to RHT should not be deferred. Is it common for REITs to delay payments, anyone can help? Tks