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teeth53
    01-Mar-2023 11:46  
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Well!, will never know the directions. Morning Traders visited 0.785 😁 😁 😀
 
 
teeth53
    01-Mar-2023 11:15  
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Aueearhh...go up 😁 😁 😁 to 0.78, from 》 0.775 - 》 0.78

vicloo      ( Date: 28-Feb-2023 16:25) Posted:

Anyone buying more today went down to 75.5c

 
 
teeth53
    01-Mar-2023 11:05  
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Fyi Only 😁 Q4 distribution will be paid out to unitholders on Mar 28. Today go 😁 up 0.775, no go down to 0.755. Trading [email protected] - 0.775... 😁

vicloo      ( Date: 28-Feb-2023 16:25) Posted:

Anyone buying more today went down to 75.5c

 

 
vicloo
    28-Feb-2023 16:25  
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Anyone buying more today went down to 75.5c
 
 
teeth53
    20-Feb-2023 11:27  
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Sasseur Reit was ranked 19th out of 44th Reit. REIT's score of 88.0 is an improvement of 1.1 points from 2021, and above the mean score of 85.3 under the REIT's. This Sasseur REIT's is highest score since 2019 when the REIT was first included in the SGTI ☆ 》 》 Sasseur REIT Wins S'pore Corporate Governance Award@SIAS' Investor Choice Award 2022. Oct 2022...:) Is trading on CD, hope Sasseur can reach BBs prices..🐎 🐎 🐎 who they have bot @S$0.820, Sasseur REIT Ends FY2022 DPU @6.55 S'pore Cents. Portfolio to Ride on China Post-Pandemic Consumption Recovery soon for 2023. #》 Sasseur Asset Management (Sasseur REIT), announced a distribution per unit (DPU) for the second half year ended 31 Dec-2022 (2H 2022) at 3.140 cents, down 15.8% year-on-year (YoY). #》 This brings the DPU for the financial year ended 31 Dec 2022 (FY2022) to 😁 6.550 S'pore cents😁 , including the first half 2022

marketuncle      ( Date: 17-Feb-2023 07:58) Posted:

As expected. Steep drop in EMA rental income and corresponding DPU this quarter of just 1.3 cts. Ppty portfolio held up well in RMB terms but drop 9% due to RMB depreciation against SGD. Now NAV just 87 sgd cents. Retail markets had improved since Dec covid peak. DPU should bottom out from here, not sure about the share price though, which is not my concern. Only DPU is relevant to me :) 

marketuncle      ( Date: 04-Feb-2023 10:11) Posted:

Steep drop in DPU from CLCT due to rental relief for covid exit wave should provide some glimpse of what is to come for upcoming 4Q DPU. But the complete lifting of debt refinance uncertainty is really good news. 1 or 2Q onwards should see Sasseur back on track for good business and dividends :)


 
 
teeth53
    20-Feb-2023 10:22  
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Sasseur REIT: 😁 Msg from chairman...Sasseur REIT.

Vito Xu, chairman of the manager, noted visible signs of recovery in the retail industry in January 2023, fuelled by pent-up consumer demand.

Given the outlet sector attractive value propositions as well as the country growing middle-class population segment, we believe Sasseur Reit outlets are well positioned to benefit from the government focus to promote a consumption recovery as a major driver of China economic growth in 2023, he said.
Vito Xu, chairman of the manager, noted visible signs of recovery in the retail industry in January 2023, fuelled by pent-up consumer demand.

Given the outlet sector attractive value propositions as well as the country growing middle-class population segment.

☆ 》 😁 🐎 We believe Sasseur Reit outlets are well positioned to benefit from the government focus to promote a consumption recovery as a major driver of China economic growth in 2023, he said.

teeth53      ( Date: 16-Feb-2023 13:52) Posted:

21-Feb-2022. Big big...BB. 11,000.000 Share. X ☆ Good effect be Traders.

teeth53      ( Date: 15-Feb-2023 09:36) Posted:

Stay strong today morning 0.82 - 0.825 🐎 good☆ . A good dividend stock. Good effect trading by Traders.


 

 
Joelton
    18-Feb-2023 14:00  
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Sasseur Reit&rsquo s Q4 DPU falls 31.5% to S$0.01302
 
(Reit) posted a 31.5 per cent decline in its fourth quarter (Q4) distribution per unit (DPU) to 1.302 Singapore cents, from 1.9 Singapore cents the previous year.
 
This includes a higher retained distributable income of S$3.9 million to fund transaction costs of refinancing. The amount represents a 21.2 per cent year-on-year increase from the previous year&rsquo s retained distributable income of S$2.2 million.
 
The Q4 distribution will be paid out to unitholders on Mar 28.
 
Distributable income for the quarter fell 21.2 per cent on year to S$19.9 million from S$25.3 million previously.
 
The decline in distributable income was mainly attributed to widespread Covid-19 outbreaks in China during the last quarter of 2022, which led to mandated temporary closures and shorter operating hours at Sasseur Reit&rsquo s four outlets.
 
Lockdowns and intercity travel restrictions further dampened consumer sentiments in China, said the manager on Friday (Feb 17).
The Reit&rsquo s rental income under its entrusted management agreements for the quarter was S$27 million excluding straight-line adjustments, down 19.5 per cent from S$33.6 million the previous year.
 
Portfolio occupancy reached 97.2 per cent over Q4, which the Reit manager highlighted as an all-time high. It surpasses FY20219&rsquo s pre-Covid occupancy of 96 per cent and came on the back of new leases secured and tenant mix adjustments at the Reit&rsquo s Hefei outlets.
 
For the second half of the year ended December 2022, the Reit&rsquo s DPU was down 15.8 per cent to 3.14 Singapore cents from 3.731 Singapore cents previously. Distributable income over the half-year period fell 10.5 per cent to S$43.4 million.
 
The latest set of results brings the Reit&rsquo s DPU for the full year to 6.55 Singapore cents, which is 7.8 per cent lower than its FY2021 DPU of 7.104 Singapore cents. Distributable income for the whole of FY2022 stood at S$88.5 million, down 5.8 per cent from the previous year&rsquo s S$93.9 million. 
 
A total of 9.2 per cent of FY2022&rsquo s distributable income was retained. This translates to some S$8.2 million retained, widening 6.1 per cent from the S$7.7 million retained in FY2021.
 
Vito Xu, chairman of the manager, noted &ldquo visible signs of recovery in the retail industry in January 2023, fuelled by pent-up consumer demand&rdquo .
 
&ldquo Given the outlet sector&rsquo s attractive value propositions as well as the country&rsquo s growing middle-class population segment, we believe Sasseur Reit&rsquo s outlets are well positioned to benefit from the government&rsquo s focus to promote a consumption recovery as a major driver of China&rsquo s economic growth in 2023,&rdquo he said.
 
 
teeth53
    17-Feb-2023 12:35  
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Especially to thanks those BBS, Traders and Investors. Good effect.🐎 🐎 🐎 Sasseur REIT Ends FY2022 DPU @6.55 S'pore Cents. Portfolio to Ride on China Post-Pandemic Consumption Recovery soon for 2023. 17/02/2023. Sasseur Asset Management Pte. Ltd Manager, the manager of Sasseur Real Estate Investment Trust (Sasseur REIT), announced a distribution per unit (DPU) for the second half year ended 31 December 2022 2H 2022) at 3.140 cents, down 15.8% year-on-year (YoY). This brings the DPU for the financial year ended 31 Dec 2022 (FY2022) to 😁 6.550 S'pore cents😁 , including the first half 2022

teeth53      ( Date: 16-Feb-2023 17:24) Posted:

Good effect be Traders. It get 0.840 soon.☆

teeth53      ( Date: 16-Feb-2023 13:52) Posted:

21-Feb-2022. Big big...BB. 11,000.000 Share. X ☆ Good effect be Traders


 
 
teeth53
    17-Feb-2023 12:10  
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Sasseur REIT Ends FY2022 DPU @6.55 S'pore Cents. Portfolio to Ride on China Post-Pandemic Consumption Recovery soon for 2023. 17/02/2023. Sasseur Asset Management Pte. Ltd Manager, the manager of Sasseur Real Estate Investment Trust (Sasseur REIT), announced a distribution per unit (DPU) for the second half year ended 31 December 2022 2H 2022) at 3.140 cents, down 15.8% year-on-year (YoY). This brings the DPU for the financial year ended 31 December 2022 (FY2022) to 😁 6.550 S'pore cents😁 , including the first half 2022DPU of 3.410 S'pore cents. The 2H 2022 DPU comprises the fourth quarter 2022 (4Q 2022) DPU of 1.302 S'pore cents declined by 31.5% YoY, as distributable income (before retention of S$3.9 million) declined by 21.2% YoY to S$19.9 million, mainly due to the adverse impact of wide spread 🤣 COVID-19 outbreaks in China during the last quarter of 2022. Outbreaks led to mandated temporary closures and shortened operating hours @Sasseur REIT four outlets, with lockdowns and inter-city travel restrictions dampening consumer sentiments. EMA Rental Income stood at RMB292.9 million in 2H 2022, a 5.1% decrease from 2H 2021 RMB308.7 million. For 4Q 2022, EMA Rental Income fell by 11.0% YoY to RMB140.9 million, due to a 39.0% YoY decline in the variable component, in line with a 39.6% YoY fall in outlet sales during the same quarter. The decline in the variable component of the Rental Income wascushioned by the fixed component income, which increased 3.0% YoY. 4Q 2022 DPU @1.302 S'pore cents will be paid to Unitholders on 28 March 2023.😁

teeth53      ( Date: 16-Feb-2023 17:24) Posted:

Good effect be Traders. It get 0.840 soon.☆

teeth53      ( Date: 16-Feb-2023 13:52) Posted:

21-Feb-2022. Big big...BB. 11,000.000 Share. X ☆ Good effect be Traders


 
 
marketuncle
    17-Feb-2023 07:58  
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As expected. Steep drop in EMA rental income and corresponding DPU this quarter of just 1.3 cts. Ppty portfolio held up well in RMB terms but drop 9% due to RMB depreciation against SGD. Now NAV just 87 sgd cents. Retail markets had improved since Dec covid peak. DPU should bottom out from here, not sure about the share price though, which is not my concern. Only DPU is relevant to me :) 

marketuncle      ( Date: 04-Feb-2023 10:11) Posted:

Steep drop in DPU from CLCT due to rental relief for covid exit wave should provide some glimpse of what is to come for upcoming 4Q DPU. But the complete lifting of debt refinance uncertainty is really good news. 1 or 2Q onwards should see Sasseur back on track for good business and dividends :)

 

 
spursfan
    17-Feb-2023 07:53  
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Press Release
Sasseur REIT Ends FY2022 With DPU of
6.55 Singapore Cents
Portfolio to Ride on China?s Post-pandemic
Consumption Recovery

Singapore, 17 February 2023 ? Sasseur Asset Management Pte. Ltd. (?SAMPL? or ?REIT
Manager?), the manager of Sasseur Real Estate Investment Trust (?Sasseur REIT?), announced
a distribution per unit (?DPU?) for the second half year ended 31 December 2022 (?2H 2022?) of
3.140 Singapore cents, down 15.8% year-on-year (?YoY?). This brings the DPU for the financial
year ended 31 December 2022 (?FY2022?) to 6.550 Singapore cents, including the first half 2022
DPU of 3.410 Singapore cents.

The 2H 2022 DPU comprises the fourth quarter 2022 (?4Q 2022?) DPU of 1.302 Singapore cents
which declined by 31.5% YoY, as distributable income (before retention of S$3.9 million) declined
by 21.2% YoY to S$19.9 million, mainly due to the adverse impact of widespread COVID-19 outbreaks in China during the last quarter of 2022. The outbreaks led to mandated temporary closures and shortened operating hours at Sasseur REIT?s four outlets, with lockdowns and inter-
city travel restrictions dampening consumer sentiments.

EMA Rental Income stood at RMB292.9 million in 2H 2022, a 5.1% decrease from 2H 2021?s
RMB308.7 million. For 4Q 2022, EMA Rental Income fell by 11.0% YoY to RMB140.9 million,
due to a 39.0% YoY decline in the variable component, in line with a 39.6% YoY fall in outlet
sales during the same quarter. The decline in the variable component of the Rental Income was
cushioned by the fixed component income, which increased 3.0% YoY.

The 4Q 2022 DPU of 1.302 Singapore cents will be paid to Unitholders on 28 March 2023......

https://links.sgx.com/1.0.0/corporate-announcements/O1Y2YEYTUF8OIT56/746883_Sasseur_REIT-Press_Release_FY2022.pdf
 
 
teeth53
    16-Feb-2023 17:24  
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Good effect be Traders. It get 0.840 soon.☆

teeth53      ( Date: 16-Feb-2023 13:52) Posted:

21-Feb-2022. Big big...BB. 11,000.000 Share. X ☆ Good effect be Traders.

teeth53      ( Date: 15-Feb-2023 09:36) Posted:

Stay strong today morning 0.82 - 0.825 🐎 good☆ . A good dividend stock. Good effect trading by Traders.


 
 
teeth53
    16-Feb-2023 13:52  
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21-Feb-2022. Big big...BB. 11,000.000 Share. X ☆ Good effect be Traders.

teeth53      ( Date: 15-Feb-2023 09:36) Posted:

Stay strong today morning 0.82 - 0.825 🐎 good☆ . A good dividend stock. Good effect trading by Traders.

teeth53      ( Date: 03-Feb-2023 20:54) Posted:

☆ 》 😁 , Say DBS Group Research analysts Yeo Kee Yan and Janice Chua. ☆ 》 😁 Some names on the Singapore Exchange (SGX) are set to ?ride a second wind? from China?s reopening, say Yeo and Chua in a Jan 3 note. ☆ 》 😁 ?The refocus on employment, income growth and consumer spending benefits companies with Hong Kong and China assets, such as malls, F&B and developers. ☆ 》 😁 The anticipated influx of Chinese tourists from 2H2023 is a powerful second wind for Singapore?s services sector to sustain the momentum of the current recovery.?


 
 
teeth53
    15-Feb-2023 09:36  
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Stay strong today morning 0.82 - 0.825 🐎 good☆ . A good dividend stock. Good effect trading by Traders.

teeth53      ( Date: 03-Feb-2023 20:54) Posted:

☆ 》 😁 , Say DBS Group Research analysts Yeo Kee Yan and Janice Chua. ☆ 》 😁 Some names on the Singapore Exchange (SGX) are set to ?ride a second wind? from China?s reopening, say Yeo and Chua in a Jan 3 note. ☆ 》 😁 ?The refocus on employment, income growth and consumer spending benefits companies with Hong Kong and China assets, such as malls, F&B and developers. ☆ 》 😁 The anticipated influx of Chinese tourists from 2H2023 is a powerful second wind for Singapore?s services sector to sustain the momentum of the current recovery.?

wunderland      ( Date: 03-Feb-2023 14:34) Posted:

Looking strong today. I am optimistic on China' s recovery and I think China reits will start to benefit.


 
 
teeth53
    09-Feb-2023 11:43  
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Look strong today +♧ Traders and.Investers. I'm optimistic 0.835-0845, coming☆ 😀

marketuncle      ( Date: 03-Feb-2023 19:16) Posted:

Woohoo... Fully refinanced!

 

 
marketuncle
    04-Feb-2023 10:11  
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Steep drop in DPU from CLCT due to rental relief for covid exit wave should provide some glimpse of what is to come for upcoming 4Q DPU. But the complete lifting of debt refinance uncertainty is really good news. 1 or 2Q onwards should see Sasseur back on track for good business and dividends :)
 
 
teeth53
    03-Feb-2023 20:54  
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☆ 》 😁 , Say DBS Group Research analysts Yeo Kee Yan and Janice Chua. ☆ 》 😁 Some names on the Singapore Exchange (SGX) are set to ?ride a second wind? from China?s reopening, say Yeo and Chua in a Jan 3 note. ☆ 》 😁 ?The refocus on employment, income growth and consumer spending benefits companies with Hong Kong and China assets, such as malls, F&B and developers. ☆ 》 😁 The anticipated influx of Chinese tourists from 2H2023 is a powerful second wind for Singapore?s services sector to sustain the momentum of the current recovery.?

wunderland      ( Date: 03-Feb-2023 14:34) Posted:

Looking strong today. I am optimistic on China' s recovery and I think China reits will start to benefit.

 
 
teeth53
    03-Feb-2023 19:49  
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Debt/Equity (YOY) in %...
😀 😁 😗 ...🐕 🐕 🐕 2021 - 0.42...
😁 🐎 🐎 🐎 2020 - 0.46...
🤣 2019 - 0.45....
😀 2018 - 0.54...🤕

teeth53      ( Date: 16-Aug-2022 21:49) Posted:

REIT?s lumpy debt expiry will see about $511 million or 100% of loans maturing in May 2023. ?We understand that management is in negotiations with new and existing lenders to refinance the loans into two maturity dates, thereby diversifying its loan maturity profile,? notes Lock. ☆ 》 Offshore loans account for 47% of borrowings, of which 40% of (or about 19% of total borrowings) are hedged on fixed rates. Management does not intend to hedge the onshore RMB-denominated loans given the supportive monetary policy in China, which could see interest rates declining in the near-term. ☆ 》 ?Sasseur REIT has identified potential acquisition targets, within its sponsor portfolio, to drive inorganic growth. We believe, in view of SASSR?s debt headroom, that any potential fundraising is unlikely to be sizeable, in our view,? says Lock. ☆ 》 👍 ?We think the worst is over, as tenant sales reversed its declining trend sharply in June and we expect the momentum to continue into 3QFY2022. 😍 We expect variable rents to stage a sharp recovery in 2HFY2022, and flow through the variable portion of EMA rents which contribute about 30% to topline,? says the analysts. ☆ 》 👍 Meanwhile, Sasseur REIT is negotiating to refinance about $510 million worth of debt due in March 2023. Ongoing efforts to strengthen its balance sheet is an important step to build up ammunition for acquisitions, and takes the REIT closer to delivering its first acquisition since IPO. ☆ 》 The analysts note that Xi?an mall features strongly as a prominent acquisition candidate that could stand alongside Chongqing mall as Sasseur REIT?s portfolio titans. Xi?an mall is one of the best ranked malls by tenant sales within sponsor Sasseur Group.

actan99      ( Date: 16-Aug-2022 13:54) Posted:

Strength in EMA structure keep Sasseur REIT a ' buy'

Analysts are positive on Sasseur REIT following its recent  1HFY2022 ended June results announcement, which saw distribution per unit (DPU) grow by 1.1% y-o-y to 3.410 cents from 3.373 cents a year ago. This is the REIT&rsquo s highest 1H period DPU in four years.

Source: 

https://www.theedgesingapore.com/capital/brokers-calls/easing-china-headwinds-strength-ema-structure-keep-sasseur-reit-buy


 
 
marketuncle
    03-Feb-2023 19:16  
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Woohoo... Fully refinanced!
 
 
wunderland
    03-Feb-2023 14:34  
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Looking strong today. I am optimistic on China' s recovery and I think China reits will start to benefit.
 
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