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2061-2080 of 2151
wow, u mean 200 based on 1,000 shares? cost is over 40k?u use cash?
wavehunter ( Date: 22-Nov-2017 21:37) Posted:
Bro Coco,
Not that many.
Just 200 lots. Old school lots.
Using CFD.
oldcoconut ( Date: 22-Nov-2017 18:59) Posted:
| Brother wave, how many lots of 1,000 shares of a-reit did u buy to get 13.1 k? 11 lots |
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Cant help you there, Bro Coco.
I know NOTHING about Accordia Golf.
By the way, I play only blue chip counters.
I dont touch pennies at all.
Except my own.
oldcoconut ( Date: 22-Nov-2017 19:50) Posted:
Brother wave, what do u think of accordia golf? i thought of buying. cd 8% plus.
oldcoconut ( Date: 22-Nov-2017 18:59) Posted:
| Brother wave, how many lots of 1,000 shares of a-reit did u buy to get 13.1 k? 11 lots |
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Bro Coco,
Not that many.
Just 200 lots. Old school lots.
Using CFD.
oldcoconut ( Date: 22-Nov-2017 18:59) Posted:
Brother wave, how many lots of 1,000 shares of a-reit did u buy to get 13.1 k? 11 lots?
wavehunter ( Date: 22-Nov-2017 12:56) Posted:
6k is also good money, General Coco.
We trade/invest within our means and that usually mean for the vast majority of us, starting small.
With each battle we win, we capture enemy soldiers and initiate them into our army and they fight for us in our next battle.
That' s how we grow our armies over time with each victory at the battlefield.
And in time, you will have an army large enough to upsize your battle to a rental rate of 13k and then higher |
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Brother wave, what do u think of accordia golf? i thought of buying. cd 8% plus.
oldcoconut ( Date: 22-Nov-2017 18:59) Posted:
Brother wave, how many lots of 1,000 shares of a-reit did u buy to get 13.1 k? 11 lots?
wavehunter ( Date: 22-Nov-2017 12:56) Posted:
6k is also good money, General Coco.
We trade/invest within our means and that usually mean for the vast majority of us, starting small.
With each battle we win, we capture enemy soldiers and initiate them into our army and they fight for us in our next battle.
That' s how we grow our armies over time with each victory at the battlefield.
And in time, you will have an army large enough to upsize your battle to a rental rate of 13k and then higher |
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Brother wave, how many lots of 1,000 shares of a-reit did u buy to get 13.1 k? 11 lots?
wavehunter ( Date: 22-Nov-2017 12:56) Posted:
6k is also good money, General Coco.
We trade/invest within our means and that usually mean for the vast majority of us, starting small.
With each battle we win, we capture enemy soldiers and initiate them into our army and they fight for us in our next battle.
That' s how we grow our armies over time with each victory at the battlefield.
And in time, you will have an army large enough to upsize your battle to a rental rate of 13k and then higher.
oldcoconut ( Date: 22-Nov-2017 12:14) Posted:
| Thanks for your opinion Brother Wave. I also like this reit a lot. I do not earn 13.1k a much as u but it let me earn 6 k plus recently. i intend to buy at 2.63 |
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100% agree with u.I also got 19 lots of comfortdelgo based on 1 lot =1,000 shares. My avg is 2.3838. Hope successful alliance soon.
wavehunter ( Date: 22-Nov-2017 12:56) Posted:
6k is also good money, General Coco.
We trade/invest within our means and that usually mean for the vast majority of us, starting small.
With each battle we win, we capture enemy soldiers and initiate them into our army and they fight for us in our next battle.
That' s how we grow our armies over time with each victory at the battlefield.
And in time, you will have an army large enough to upsize your battle to a rental rate of 13k and then higher.
oldcoconut ( Date: 22-Nov-2017 12:14) Posted:
| Thanks for your opinion Brother Wave. I also like this reit a lot. I do not earn 13.1k a much as u but it let me earn 6 k plus recently. i intend to buy at 2.63 |
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6k is also good money, General Coco.
We trade/invest within our means and that usually mean for the vast majority of us, starting small.
With each battle we win, we capture enemy soldiers and initiate them into our army and they fight for us in our next battle.
That' s how we grow our armies over time with each victory at the battlefield.
And in time, you will have an army large enough to upsize your battle to a rental rate of 13k and then higher.
oldcoconut ( Date: 22-Nov-2017 12:14) Posted:
Thanks for your opinion Brother Wave. I also like this reit a lot. I do not earn 13.1k a much as u but it let me earn 6 k plus recently. i intend to buy at 2.63.
wavehunter ( Date: 21-Nov-2017 23:25) Posted:
Bro Coco...
I really dunno. But I do certainly hope so.
Coz I really really like this REIT.
In Oct, ie. last month, I JEEP her at 2.66 and unJEEP at 2.74 and she paid me 13.1k in rentals.
When I park money in a REIT, I like to look at it as if I have become a landlord and the REIT is renting the premises from me.
At the end of the " tenancy" when I unJEEP from the REIT, she will pay me " rental" .
This is her 6-Mth Daily chart.
As you can see, her 200-ema is at 2.61. Of late whenever she dipped, she was able to rebound even before testing her 200-ema.
Like you, I am hoping to JEEP her at below 2.60 for her next Result Play in Jan 2018.
Our immediate task is to catch her Nov Low and also her Dec Low. It will only be on hindsight that we can see whether her
Nov Low is lower than her Dec Low. If her Nov Low is indeed lower than her Dec Low and we didnt try to catch it, then we would have
missed the real Low as her Dec Low will then be higher. So far, the lowest she ever registered in Nov is 2.62.
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Thanks for your opinion Brother Wave. I also like this reit a lot. I do not earn 13.1k a much as u but it let me earn 6 k plus recently. i intend to buy at 2.63.
wavehunter ( Date: 21-Nov-2017 23:25) Posted:
Bro Coco...
I really dunno. But I do certainly hope so.
Coz I really really like this REIT.
In Oct, ie. last month, I JEEP her at 2.66 and unJEEP at 2.74 and she paid me 13.1k in rentals.
When I park money in a REIT, I like to look at it as if I have become a landlord and the REIT is renting the premises from me.
At the end of the " tenancy" when I unJEEP from the REIT, she will pay me " rental" .
This is her 6-Mth Daily chart.
As you can see, her 200-ema is at 2.61. Of late whenever she dipped, she was able to rebound even before testing her 200-ema.
Like you, I am hoping to JEEP her at below 2.60 for her next Result Play in Jan 2018.
Our immediate task is to catch her Nov Low and also her Dec Low. It will only be on hindsight that we can see whether her
Nov Low is lower than her Dec Low. If her Nov Low is indeed lower than her Dec Low and we didnt try to catch it, then we would have
missed the real Low as her Dec Low will then be higher. So far, the lowest she ever registered in Nov is 2.62.
oldcoconut ( Date: 21-Nov-2017 19:01) Posted:
| bro wave, in yr opinion, will ascendas go below 2.60 |
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Bro Coco...
I really dunno. But I do certainly hope so.
Coz I really really like this REIT.
In Oct, ie. last month, I JEEP her at 2.66 and unJEEP at 2.74 and she paid me 13.1k in rentals.
When I park money in a REIT, I like to look at it as if I have become a landlord and the REIT is renting the premises from me.
At the end of the " tenancy" when I unJEEP from the REIT, she will pay me " rental" .
This is her 6-Mth Daily chart.
As you can see, her 200-ema is at 2.61. Of late whenever she dipped, she was able to rebound even before testing her 200-ema.
Like you, I am hoping to JEEP her at below 2.60 for her next Result Play in Jan 2018.
Our immediate task is to catch her Nov Low and also her Dec Low. It will only be on hindsight that we can see whether her
Nov Low is lower than her Dec Low. If her Nov Low is indeed lower than her Dec Low and we didnt try to catch it, then we would have
missed the real Low as her Dec Low will then be higher. So far, the lowest she ever registered in Nov is 2.62.
oldcoconut ( Date: 21-Nov-2017 19:01) Posted:
bro wave, in yr opinion, will ascendas go below 2.60?
wavehunter ( Date: 13-Oct-2017 20:24) Posted:
 Based on the chart below, the widest part of the Ascending Triangle is 19 cts... from $2.55 to $2.74.
Upside target if we get a breakout above $2.74 accompanied by volume is... $2.74 + 19 cts = $2.93.
Waaaaa....... Wu Yah Boh Yah har? $2.93 !!! Say is lidat say. TA can say what it wants. We listen only.
Then look to the price action for confirmation or denial of what TA says. |
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bro wave, in yr opinion, will ascendas go below 2.60?
wavehunter ( Date: 13-Oct-2017 20:24) Posted:
Based on the chart below, the widest part of the Ascending Triangle is 19 cts... from $2.55 to $2.74.
Upside target if we get a breakout above $2.74 accompanied by volume is... $2.74 + 19 cts = $2.93.
Waaaaa....... Wu Yah Boh Yah har? $2.93 !!! Say is lidat say. TA can say what it wants. We listen only.
Then look to the price action for confirmation or denial of what TA says. |
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Based on the chart below, the widest part of the Ascending Triangle is 19 cts... from $2.55 to $2.74.
Upside target if we get a breakout above $2.74 accompanied by volume is... $2.74 + 19 cts = $2.93.
Waaaaa....... Wu Yah Boh Yah har? $2.93 !!! Say is lidat say. TA can say what it wants. We listen only.
Then look to the price action for confirmation or denial of what TA says.
If you go to their Investor Relations page, you will find an annoucement (dated 15 Aug 2016) relating to the Sept 9th payment.
I believed they also mentioned that its dividend payment policy is on a semi-annual basis calculated as at 30 Sep and 31 Mar each year.
So the next dividend payment is likely to be sometime in November with ex-date around ex-October going by the past 3 years' trend.
Yes, quite a good yield here,...
I hoped some forummer can help me to undetdand something here. The dvd payout schedules are not uniform year after year. Following are the dvd payout dates for the years 2014, 2015 and 2016 :-
1) For 2014 : Feb 27th., May 30th. and Nov 28th..
2) For 2015 : May 29th. and Nov 27th.. But there was one ' special' payment on Jan 15th, 2016... what is this special payment for ? And what happened to the Feb payment ?
3) For 2016 : Jun 7th., Sep 9th. and Nov 29th.. Why was there an ' additional' payment on Sep 9th. ?
For other REITs, we can easily determine when is our next dvd coming in. But for Ascendas REIT, this does not seemed to be so.
Can someone kindly comment on this for me ?
tmr there will be $0.03392 payment. Do you know what it is?
Ascendas Reit' s latest acquisitions in Australia is not positive in my opinion - especially paying more than A$10m fee for A$168m acquisition. The yield for the deal is also pitiful. Bad choice. The management used to be very prudent.
waters ( Date: 06-May-2016 15:15) Posted:
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6 May 2016
Singapore
Company Note
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| Ascendas REIT | PDF |
| Positioned for steady growth |
AREIT SP / AEMN.SI | ADD - Upgrade | S$2.40 tp:S$2.52▲
Mkt.Cap:US$4,716.00m | Avg.Daily Vol:US$16.44m | Free Float:83.00%
REIT
Author(s):Zhi Bin YEO +65 62108669, Mun Yee LOCK |
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■ FY16 DPU of 15.36 Scts (+5.2% yoy) met consensus and our forecasts at 102% of our FY16F.
■ 4QFY16 DPU of 3.41 Scts (-8.1% yoy) formed 23% of our FY16F.
■ Buoyed by acquisitions, income available for distribution rose 7.7% yoy for 4QFY16. Booked a net revaluation loss of S$6.9m, mainly due to Australia.
■ +5.1% rental reversion in the quarter. Portfolio occupancy dropped 1.6% pts qoq to 87.6%. WALE stood at 3.7 years, with 19.4% of revenue up for renewal.
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4QFY16: buoyed by acquisitions
Buoyed by acquisitions of The Kendall, the Australian portfolio and ONE@Changi City, 4QFY16 income available for distribution rose 7.7% yoy to S$89.1m. Additionally, the group achieved +7% rental reversion for FY16 and +5.1% for the quarter. The positive rental reversion was registered across all segments. 4QFY16 DPU declined 8.1% yoy due to the performance fees of S$9m and a larger unit-base.
Investment management and capital recycling
In FY16, AREIT completed c.S$1.5bn of acquisitions (the Australian portfolio, 6-20 Clunies Ross Street and ONE@Changi City), c.S$44m of development projects (DBS Asia Hb Phase 2 and Jiashan Logistics Centre) and c.S$96m of AEIs. It also sold 26 Senoko Way and BBR Building for S$38.7m and realised S$15.8m in capital gains. In Apr 16, the manager sold Four Acres Singapore to Unilever Asia for S$34m, c.11% higher than the development cost.
Portfolio occupancy dropped 1.6% pts qoq to 87.6% in 4Q16
The fall stemmed from JiashanLogistics Centre, which was completed in Mar 16 and unoccupied. 34% of its space is under negotiation. Singapore occupancy declined 1% pts qoq to 87.9% due to the single tenant lease expiry at IDS Logistics Corporate HQ. Excluding IDS, Singapore occupancy stood at 88.7%. Occupancy in Australia was stable at 94.7%.
Leasing update ‐ Singapore
Portfolio WALE stood at 3.7 years, with 19.4% of gross revenue due for renewal in FY17. In Singapore, 21.3% of gross revenue is due for renewal, the typical annual average for AREIT. 3.1% of Singapore gross revenue pertains to seven STBs (NLA c.100,000 sq m). One of the STB leases has been renewed, three likely to be renewed and three under negotiation. With market rate slightly above passing rental for most of the MTB leases due for renewal, we project flat or low-single digit rental reversion.
Positioned for steady growth upgrade to Add from Hold
With the full-year effect of acquisitions to be felt in FY17, we expect AREIT to deliver 2.1% DPU growth vs. flat or DPU declines for the other industrial S-REITs. We believe that the group will focus on enhancing its Australia portfolio in FY17, shoring up the portfolio with 1-2 complementary acquisitions. Given the recent retracement in share price, we upgrade the stock to Add from Hold, with a higher DDM-based target price. We factor in a higher LTG of 2.5% (prev. 2%) as there is no business park supply after 2016.
Previous [ Ascendas REIT ] reports...
25/1/16 Co.Note Steady as she goes (ADD, S$2.17 tp:S$2.42▼ )
23/10/15 Co.Note Stable outlook (ADD, S$2.45 tp:S$2.57)
20/9/15 Co.Note Maiden venture into Australia (ADD▲ , S$2.23 tp:S$2.57▲ ) |
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Any feedback/questions, please click on the author' s name to email or call them at the number displayed.
Subscriptions: Please contact your CIMB salesperson for assistance. To Opt-Out click Unsubscribe, and let us have your full-name and the email address, from which you are receiving these materials. Alternatively, contact our Client Services Representative at+1800 538-9889 (in Singapore) and +65 6538-9889 (overseas) or email [email protected].
Disclaimer: No part of this report may be reproduced or distributed in any manner without the written permission of CIMB and its affiliates. CIMB and its affiliates specifically prohibits the redistribution of this report, electronically or otherwise, and accepts no liability whatsoever for the actions of third parties in this respect. This email may contain privileged and/or confidential information. If you are not the named recipient or addressee, you are hereby notified that any use, review, disclosure or copying of the contents herein is strictly prohibited. If you have received this email by mistake, please notify the sender immediately by reply email and discard/destroy all its contents. This email is for informational purposes and should not be construed as a solicitation or offer to buy or sell securities or related financial instruments. |
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6 May 2016
Singapore
Company Note
|
| Ascendas REIT | PDF |
| Positioned for steady growth |
AREIT SP / AEMN.SI | ADD - Upgrade | S$2.40 tp:S$2.52▲
Mkt.Cap:US$4,716.00m | Avg.Daily Vol:US$16.44m | Free Float:83.00%
REIT
Author(s):Zhi Bin YEO +65 62108669, Mun Yee LOCK |
| |
■ FY16 DPU of 15.36 Scts (+5.2% yoy) met consensus and our forecasts at 102% of our FY16F.
■ 4QFY16 DPU of 3.41 Scts (-8.1% yoy) formed 23% of our FY16F.
■ Buoyed by acquisitions, income available for distribution rose 7.7% yoy for 4QFY16. Booked a net revaluation loss of S$6.9m, mainly due to Australia.
■ +5.1% rental reversion in the quarter. Portfolio occupancy dropped 1.6% pts qoq to 87.6%. WALE stood at 3.7 years, with 19.4% of revenue up for renewal.
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4QFY16: buoyed by acquisitions
Buoyed by acquisitions of The Kendall, the Australian portfolio and ONE@Changi City, 4QFY16 income available for distribution rose 7.7% yoy to S$89.1m. Additionally, the group achieved +7% rental reversion for FY16 and +5.1% for the quarter. The positive rental reversion was registered across all segments. 4QFY16 DPU declined 8.1% yoy due to the performance fees of S$9m and a larger unit-base.
Investment management and capital recycling
In FY16, AREIT completed c.S$1.5bn of acquisitions (the Australian portfolio, 6-20 Clunies Ross Street and ONE@Changi City), c.S$44m of development projects (DBS Asia Hb Phase 2 and Jiashan Logistics Centre) and c.S$96m of AEIs. It also sold 26 Senoko Way and BBR Building for S$38.7m and realised S$15.8m in capital gains. In Apr 16, the manager sold Four Acres Singapore to Unilever Asia for S$34m, c.11% higher than the development cost.
Portfolio occupancy dropped 1.6% pts qoq to 87.6% in 4Q16
The fall stemmed from JiashanLogistics Centre, which was completed in Mar 16 and unoccupied. 34% of its space is under negotiation. Singapore occupancy declined 1% pts qoq to 87.9% due to the single tenant lease expiry at IDS Logistics Corporate HQ. Excluding IDS, Singapore occupancy stood at 88.7%. Occupancy in Australia was stable at 94.7%.
Leasing update ‐ Singapore
Portfolio WALE stood at 3.7 years, with 19.4% of gross revenue due for renewal in FY17. In Singapore, 21.3% of gross revenue is due for renewal, the typical annual average for AREIT. 3.1% of Singapore gross revenue pertains to seven STBs (NLA c.100,000 sq m). One of the STB leases has been renewed, three likely to be renewed and three under negotiation. With market rate slightly above passing rental for most of the MTB leases due for renewal, we project flat or low-single digit rental reversion.
Positioned for steady growth upgrade to Add from Hold
With the full-year effect of acquisitions to be felt in FY17, we expect AREIT to deliver 2.1% DPU growth vs. flat or DPU declines for the other industrial S-REITs. We believe that the group will focus on enhancing its Australia portfolio in FY17, shoring up the portfolio with 1-2 complementary acquisitions. Given the recent retracement in share price, we upgrade the stock to Add from Hold, with a higher DDM-based target price. We factor in a higher LTG of 2.5% (prev. 2%) as there is no business park supply after 2016.
Previous [ Ascendas REIT ] reports...
25/1/16 Co.Note Steady as she goes (ADD, S$2.17 tp:S$2.42▼ )
23/10/15 Co.Note Stable outlook (ADD, S$2.45 tp:S$2.57)
20/9/15 Co.Note Maiden venture into Australia (ADD▲ , S$2.23 tp:S$2.57▲ ) |
| |
Any feedback/questions, please click on the author' s name to email or call them at the number displayed.
Subscriptions: Please contact your CIMB salesperson for assistance. To Opt-Out click Unsubscribe, and let us have your full-name and the email address, from which you are receiving these materials. Alternatively, contact our Client Services Representative at+1800 538-9889 (in Singapore) and +65 6538-9889 (overseas) or email [email protected].
Disclaimer: No part of this report may be reproduced or distributed in any manner without the written permission of CIMB and its affiliates. CIMB and its affiliates specifically prohibits the redistribution of this report, electronically or otherwise, and accepts no liability whatsoever for the actions of third parties in this respect. This email may contain privileged and/or confidential information. If you are not the named recipient or addressee, you are hereby notified that any use, review, disclosure or copying of the contents herein is strictly prohibited. If you have received this email by mistake, please notify the sender immediately by reply email and discard/destroy all its contents. This email is for informational purposes and should not be construed as a solicitation or offer to buy or sell securities or related financial instruments. |
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How is their shares div payout? today moving close to resistance. Anyone vesting?
REIT normally gave quite good returns, but more and more reits are diluting earnings by selling new shares to big investors at discount!
