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Religare H Trust

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kelvintan84
    16-Nov-2017 22:10  
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If u want the 9% upside, ur funds need to be prepared to be lock up, up to 6mths for the deal to go through. With such a bullish forecast for next year, I'm guessing some people feels that the market can return more...

Tommy12356      ( Date: 16-Nov-2017 22:01) Posted:

Y down so much today?

Just4win      ( Date: 16-Nov-2017 14:59) Posted:

$1.04 from Kim Eng.

Even at DBS' s 90, current px is trading at a discount.
 


 
 
Tommy12356
    16-Nov-2017 22:01  
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Y down so much today?

Just4win      ( Date: 16-Nov-2017 14:59) Posted:

$1.04 from Kim Eng.

Even at DBS' s 90, current px is trading at a discount.
 

alexchew      ( Date: 16-Nov-2017 14:56) Posted:

dbs has a report, it says 0.90 per share. Why so difficult


 
 
kelvintan84
    16-Nov-2017 21:55  
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I was wrong. This should be the figures.
(46.5bn-11.52bn(debt)) *0.021/shares outstanding =0.909.
Including approximately 4% div, this will fetch about 9% returns if the deal goes through. But they mentioned this may take up to 6mths.

kelvintan84      ( Date: 16-Nov-2017 18:14) Posted:

Fortis proposed to buy RHT assets at 46.5bn rupee. That's S$976.5m. This is a buying of assets proposal, not a delisting exercise.
What it means is the trust will receive 976.5m cash from fortis with no assets left.
The trust will distribute only 976.5m - 310m (debt) back to shareholders if they want to delist. This works out to be 0.825 per share.
What the news did not mention is if the deal includes projects under construction.

 

 
kelvintan84
    16-Nov-2017 18:14  
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Fortis proposed to buy RHT assets at 46.5bn rupee. That's S$976.5m. This is a buying of assets proposal, not a delisting exercise.
What it means is the trust will receive 976.5m cash from fortis with no assets left.
The trust will distribute only 976.5m - 310m (debt) back to shareholders if they want to delist. This works out to be 0.825 per share.
What the news did not mention is if the deal includes projects under construction.
 
 
Thi654321ABCDEF
    16-Nov-2017 16:46  
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NO BROKING HOUSES ARE GIVEN THE PROOF SHOWING THEIR CALCULATIONS AND THEIR TARGET PRICESS  . They just give target pricess with no proof , now no point taking target pricess .   
 
 
Thi654321ABCDEF
    16-Nov-2017 16:28  
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its value is about S$1120.8million from sgx announcement -
 

 
Thi654321ABCDEF
    16-Nov-2017 16:22  
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  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. 

 
 
 
alexchew
    16-Nov-2017 15:06  
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This is also 0.90... 

http://research.sginvestors.io/2017/11/rht-health-trust-cimb-research-2017-11-15.html

Just4win      ( Date: 16-Nov-2017 14:59) Posted:

$1.04 from Kim Eng.

Even at DBS' s 90, current px is trading at a discount.
 

alexchew      ( Date: 16-Nov-2017 14:56) Posted:

dbs has a report, it says 0.90 per share. Why so difficult


 
 
Just4win
    16-Nov-2017 14:59  
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$1.04 from Kim Eng.

Even at DBS' s 90, current px is trading at a discount.
 

alexchew      ( Date: 16-Nov-2017 14:56) Posted:

dbs has a report, it says 0.90 per share. Why so difficult?

bobiewong      ( Date: 16-Nov-2017 14:48) Posted:

your 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


 
 
alexchew
    16-Nov-2017 14:56  
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dbs has a report, it says 0.90 per share. Why so difficult?

bobiewong      ( Date: 16-Nov-2017 14:48) Posted:

your 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.

Quant27      ( Date: 15-Nov-2017 10:23) Posted:

Based on the term sheet posted on SGX today, Fortis is proposing to acquire RHT for 46,500 million INR. This seems to suggest that if the deal goes through ball park, the equity value of RHT should be 

(0.021*46500000000-((55+60)*1000000))/807842000  = 1.07

Since 1 INR = 0.021 SGD, RHT has debt of roughly 55 plus 60 million SGD and there are 807,842,000 shares outstanding. Anybody has gotten a different number? 


 

 
bobiewong
    16-Nov-2017 14:48  
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your 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.

Quant27      ( Date: 15-Nov-2017 10:23) Posted:

Based on the term sheet posted on SGX today, Fortis is proposing to acquire RHT for 46,500 million INR. This seems to suggest that if the deal goes through ball park, the equity value of RHT should be 

(0.021*46500000000-((55+60)*1000000))/807842000  = 1.07

Since 1 INR = 0.021 SGD, RHT has debt of roughly 55 plus 60 million SGD and there are 807,842,000 shares outstanding. Anybody has gotten a different number? 

 
 
mrwise
    16-Nov-2017 14:31  
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This will reverse back to higher high soon!
 
 
Jackpro
    16-Nov-2017 14:22  
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Looks like not...still sinking. Wonder why it sinks?

They said this is a good opportunity to exit this share?

Just4win      ( Date: 16-Nov-2017 10:51) Posted:

Boat steering back ?

 
 
nngeeh
    16-Nov-2017 11:45  
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Just bought some.
 
 
Just4win
    16-Nov-2017 10:51  
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Boat steering back ?
 

 
Secret_Squirrel
    15-Nov-2017 20:31  
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Wah Lao , no distribution declared yet. 

pesticidekoh      ( Date: 15-Nov-2017 10:32) Posted:

Debt is about 240m including bonds and interest

Quant27      ( Date: 15-Nov-2017 10:23) Posted:

Based on the term sheet posted on SGX today, Fortis is proposing to acquire RHT for 46,500 million INR. This seems to suggest that if the deal goes through ball park, the equity value of RHT should be 

(0.021*46500000000-((55+60)*1000000))/807842000  = 1.07

Since 1 INR = 0.021 SGD, RHT has debt of roughly 55 plus 60 million SGD and there are 807,842,000 shares outstanding. Anybody has gotten a different number? 


 
 
pesticidekoh
    15-Nov-2017 11:15  
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Still got leakage from currency exchange and transaction expenses..!

Just4win      ( Date: 15-Nov-2017 10:47) Posted:

So the px shd be 0.91?

pesticidekoh      ( Date: 15-Nov-2017 10:32) Posted:

Debt is about 240m including bonds and interest


 
 
Just4win
    15-Nov-2017 10:47  
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So the px shd be 0.91?

pesticidekoh      ( Date: 15-Nov-2017 10:32) Posted:

Debt is about 240m including bonds and interest

Quant27      ( Date: 15-Nov-2017 10:23) Posted:

Based on the term sheet posted on SGX today, Fortis is proposing to acquire RHT for 46,500 million INR. This seems to suggest that if the deal goes through ball park, the equity value of RHT should be 

(0.021*46500000000-((55+60)*1000000))/807842000  = 1.07

Since 1 INR = 0.021 SGD, RHT has debt of roughly 55 plus 60 million SGD and there are 807,842,000 shares outstanding. Anybody has gotten a different number? 


 
 
pesticidekoh
    15-Nov-2017 10:32  
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Debt is about 240m including bonds and interest

Quant27      ( Date: 15-Nov-2017 10:23) Posted:

Based on the term sheet posted on SGX today, Fortis is proposing to acquire RHT for 46,500 million INR. This seems to suggest that if the deal goes through ball park, the equity value of RHT should be 

(0.021*46500000000-((55+60)*1000000))/807842000  = 1.07

Since 1 INR = 0.021 SGD, RHT has debt of roughly 55 plus 60 million SGD and there are 807,842,000 shares outstanding. Anybody has gotten a different number? 

 
 
Quant27
    15-Nov-2017 10:23  
Contact    Quote!
Based on the term sheet posted on SGX today, Fortis is proposing to acquire RHT for 46,500 million INR. This seems to suggest that if the deal goes through ball park, the equity value of RHT should be 

(0.021*46500000000-((55+60)*1000000))/807842000  = 1.07

Since 1 INR = 0.021 SGD, RHT has debt of roughly 55 plus 60 million SGD and there are 807,842,000 shares outstanding. Anybody has gotten a different number? 
 
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