Post Reply
221-240 of 319
Why must give?
sgfreestyler ( Date: 04-Dec-2017 10:46) Posted:
| no dividend is announced? |
|
01. Just curious by now why RHT has not received dividends from Fortis?
02.
ehclim ( Date: 16-Nov-2017 23:26) Posted:
| I have confirmed with RHT IR executive, she told me that Fortis offer does not include the debts including notes which is about S$210m. Net proceeds from the deal will be about S$756m which works out to be about S$0.93 per units. They will pay the 2.36 cents DPU for 1H FY18 plus pro-rata of the remaining DPU until the deal complete. I believe we should get another 3 cents from the DPU so total we should receive $0.96 per unit (ie $0.93 + $0.03). |
From above posting on 16 Nov, The proposed disposal of the entire asset portfolio of RHT has nothing to do with paying of dividends are seperate issue, Why the paying of dividend is delayed?
If anyone can help me with above doubts. Thanks bro
no dividend is announced?
i bought a small portion at 0.855. ya, was worried due to the selling off from the director itself.
junction ( Date: 22-Nov-2017 17:33) Posted:
A case of inside information buying high and selloing low? Fortis should be happy that they can buy cheap from the market.
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 |
|
|
|
A case of inside information buying high and selloing low? Fortis should be happy that they can buy cheap from the market.
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. |
|
|
|
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. |
|
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.
so weird.
a lot buying today
| 09:39:09 |
Buy |
0.855 |
600 |
| 09:35:09 |
Buy |
0.855 |
600 |
| 09:33:08 |
Buy |
0.855 |
600 |
| 09:31:00 |
Buy |
0.855 |
600 |
| 09:29:04 |
Buy |
0.855 |
600 |
| 09:27:24 |
Buy |
0.855 |
600 |
| 09:25:33 |
Buy |
0.855 |
600 |
| 09:25:33 |
Buy |
0.855 |
15,000 |
| 09:23:19 |
Buy |
0.855 |
600 |
| 09:21:16 |
Buy |
0.855 |
600 |
| 09:18:21 |
Buy |
0.855 |
600 |
| 09:15:08 |
Buy |
0.855 |
600 |
| 09:13:28 |
Buy |
0.855 |
5,000 |
| 09:11:17 |
Buy |
0.855 |
70,000 |
| 09:10:11 |
Buy |
0.855 |
50,000 |
| 09:10:11 |
Buy |
0.855 |
20,000 |
| 09:08:16 |
Buy |
0.855 |
180,000 |
| 09:08:16 |
Buy |
0.855 |
20,000 |
| 09:07:58 |
Buy |
0.855 |
40,000 |
| 09:05:23 |
Buy |
0.855 |
300
|
| 09:05:23 |
Buy |
0.855 |
199,700 |
Just4win ( Date: 21-Nov-2017 18:02) Posted:
If the deal goes thr, it is just the sale of the assets... so RHT Trust will become an empty shell, with whatever cash remains.
So either it will look for other investment, or distrubute the cash to shareholders, and call it a day.
LOL.. we hv to be patient will waiting for more concrete news to come
MonkeyKingGod ( Date: 21-Nov-2017 17:42) Posted:
No idea. it says to buy out the entire asset portfolio, never say privatise or acquire the whole RHT Trust.
there is no tender offer price annouced yet
confused |
|
|
|
If the deal goes thr, it is just the sale of the assets... so RHT Trust will become an empty shell, with whatever cash remains.
So either it will look for other investment, or distrubute the cash to shareholders, and call it a day.
LOL.. we hv to be patient will waiting for more concrete news to come
MonkeyKingGod ( Date: 21-Nov-2017 17:42) Posted:
No idea. it says to buy out the entire asset portfolio, never say privatise or acquire the whole RHT Trust.
there is no tender offer price annouced yet
confused.
BigBoss99 ( Date: 21-Nov-2017 15:34) Posted:
| After the buyout, will RHT still be listed? or is there a chance for them to seek other portfolio? |
|
|
|
No idea. it says to buy out the entire asset portfolio, never say privatise or acquire the whole RHT Trust.
there is no tender offer price annouced yet
confused.
BigBoss99 ( Date: 21-Nov-2017 15:34) Posted:
| After the buyout, will RHT still be listed? or is there a chance for them to seek other portfolio? |
|
After the buyout, will RHT still be listed? or is there a chance for them to seek other portfolio?
yup no news. Ppl fear the outcome of the proposal, meanwhile some are searching for answer. Gradually when they found out the possible TP, maybe the price will move again, but very slowly. Watchout when vol is increasing, BB may fry.
MonkeyKingGod ( Date: 20-Nov-2017 13:55) Posted:
| Why is the price dropping? no news |
|
Why is the price dropping? no news
INDEED.
Thank you for your email. Please find our replies as follows:
Are you able to disclose that Fortis offer does not include the debts including notes which is about S$210m?
Yes, this is correct. The purchase consideration is before the payment of debt in RHT.
And net proceeds from the deal will be about S$756m which works out to be about S$0.93 per units?
I am afraid we do not comment on the net price per unit at this point in time because the consideration has to be adjusted for the estimated transaction-related costs, payment of debt and third party liabilities at the time of completion of the transaction. As the consideration is in INR terms, the prevailing INR/SGD exchange rate at the point of completion of the transaction also needs to be taken into consideration as well. You may refer to the analyst coverage on our website (
http://rhtrust.listedcompany.com/analyst.rev) for the target price by the various analysts.
Is RHT will pay the 2.36 cents DPU for 1H FY18 plus pro-rata of the remaining DPU until the deal complete?
At this point in time, certain service fees due to RHT have not been fully received from the subsidiaries of Fortis Healthcare Limited (" Fortis" ) in respect of the 1HFY2018. In view of the foregoing, the Trustee-Manager has not declared a distribution for the 1HFY2018. Fortis has proposed to pay the outstanding service Fees which is due within 60 days of the signing of the term sheet. This is as stated in the announcement of the asset disposal transaction. If the funds are received from Fortis prior to the transaction closing, then the Trustee-Manager will consider declaring a distribution for the 1HFY2018 ahead of transaction closing, subject to compliance with Trust Deed and the listing manual.
If Fortis does not pay the outstanding service fees, then the purchase consideration will be adjusted upwards for the service fees outstanding. The service fees will also accrue up to the date of completion of the transaction.
Please let us know should you require further information. Thank you.
paul1688 ( Date: 17-Nov-2017 10:02) Posted:
Thank you ehclim, nice summary and willingness to share. Always enjoyed reading your comments.
ehclim ( Date: 17-Nov-2017 09:23) Posted:
| I called them to verify the outstanding debts. Check it up |
|
|
|
Time to reverse up high soon!
Thank you ehclim, nice summary and willingness to share. Always enjoyed reading your comments.
ehclim ( Date: 17-Nov-2017 09:23) Posted:
I called them to verify the outstanding debts. Check it up.
Jackpro ( Date: 17-Nov-2017 09:07) Posted:
|
|
|
Wow, it is very good for the IR Executive to share such info with u, echclim.
And thanks for sharing with us . Appreciate it !
ehclim ( Date: 16-Nov-2017 23:26) Posted:
I have confirmed with RHT IR executive, she told me that Fortis offer does not include the debts including notes which is about S$210m. Net proceeds from the deal will be about S$756m which works out to be about S$0.93 per units. They will pay the 2.36 cents DPU for 1H FY18 plus pro-rata of the remaining DPU until the deal complete. I believe we should get another 3 cents from the DPU so total we should receive $0.96 per unit (ie $0.93 + $0.03).
Thi654321ABCDEF ( Date: 16-Nov-2017 16:22) Posted:
YES , calculation should be : 0.021 X 46500 / 807.842 = SGD 1.2088 per share value.
the debt is part of the business loan and will continue to roll in their financial account.
NO where mension debet will subtract from the 46500million rupees.
|
|
|
|
I called them to verify the outstanding debts. Check it up.
Jackpro ( Date: 17-Nov-2017 09:07) Posted:
the debt should be 310m?
ehclim ( Date: 16-Nov-2017 23:26) Posted:
| I have confirmed with RHT IR executive, she told me that Fortis offer does not include the debts including notes which is about S$210m. Net proceeds from the deal will be about S$756m which works out to be about S$0.93 per units. They will pay the 2.36 cents DPU for 1H FY18 plus pro-rata of the remaining DPU until the deal complete. I believe we should get another 3 cents from the DPU so total we should receive $0.96 per unit (ie $0.93 + $0.03) |
|
|
|
the debt should be 310m?
ehclim ( Date: 16-Nov-2017 23:26) Posted:
I have confirmed with RHT IR executive, she told me that Fortis offer does not include the debts including notes which is about S$210m. Net proceeds from the deal will be about S$756m which works out to be about S$0.93 per units. They will pay the 2.36 cents DPU for 1H FY18 plus pro-rata of the remaining DPU until the deal complete. I believe we should get another 3 cents from the DPU so total we should receive $0.96 per unit (ie $0.93 + $0.03).
Thi654321ABCDEF ( Date: 16-Nov-2017 16:22) Posted:
YES , calculation should be : 0.021 X 46500 / 807.842 = SGD 1.2088 per share value.
the debt is part of the business loan and will continue to roll in their financial account.
NO where mension debet will subtract from the 46500million rupees.
|
|
|
|
I have confirmed with RHT IR executive, she told me that Fortis offer does not include the debts including notes which is about S$210m. Net proceeds from the deal will be about S$756m which works out to be about S$0.93 per units. They will pay the 2.36 cents DPU for 1H FY18 plus pro-rata of the remaining DPU until the deal complete. I believe we should get another 3 cents from the DPU so total we should receive $0.96 per unit (ie $0.93 + $0.03).
Thi654321ABCDEF ( Date: 16-Nov-2017 16:22) Posted:
YES , calculation should be : 0.021 X 46500 / 807.842 = SGD 1.2088 per share value.
the debt is part of the business loan and will continue to roll in their financial account.
NO where mension debet will subtract from the 46500million rupees.
|
|
