Post Reply
321-340 of 379
Result out with 3.74c div
morningstar13 ( Date: 28-Aug-2014 09:42) Posted:
|
good news today?
$1 liao !!!
Shld be breaking above $1 very soon.
When the next anounncement day?
One of my happy investments. Nice dividend yield and good price upside.
normal is 90%.. Still great right Cash !!
Yes ..dividend is coming.
This is the last one where they are committed (at IPO ) to pay 100% of profit as dividend.
After that dividend will revert to their normal dividend policy
Dividen coming soon.... hold tight !
Croesus trust three of their executive officers choose to have 134,000 units as annual bonus instead of cash.
Today covered by Philip Security as BUY TP: 1.12. Good luck.
The share price went up also partly due to the imminent announcement of dividend, which should be better than expected during IPO. The main risk for this counter is interest rate, but i read the loan they have are fixed interest rate in the April investor report. bought below 0.9, happy to collect near 10 percent dividend annually. Cheers!
According to recent news report, japanese consumption has not slow down after the april consumption tax hike. No wonder the share price goes up.
Novice13 ( Date: 17-Apr-2014 21:58) Posted:
|
That is not a good news for CRT as it tends to have some negative impacts for the malls businesses.
Secret_Squirrel ( Date: 17-Apr-2014 21:40) Posted:
|
The Japanese coalition government has put forward long awaited plans to raiseJapanese consumption tax to 10% by April 2015. There will be a first increase from the current 5% consumption tax rate to 8% in April 2014. In April 2015, the rate will then rise to 10%.
Poems buy call for Croesus trust
http://internetfileserver.phillip.com.sg/POEMS/Stocks/Research/ResearchCoverage/SG/CRT20140415.pdf
Interest rates risk
Potential increase in increase rates would negatively impact individual asset valuation. While this downside persists,
the potential cap rates compression in Japan serves to negate the effect. Additionally, our estimates indicate that the company is undervalued.
Trading at a discount to their intrinsic value and at higher distribution yields, there is a rather large margin of error for this investment.
Also, CRT&rsquo s interest bearing loans are swapped for fixed rate loans. This further minimizes their exposure to interest rate risks.
Due to the linked up with strategic partners, CRT is able to lower its interest cost/rates to be about 1.6%.
Total of 6 malls
5 malls Occupancy at 100 % and only 1 mall Occupancy 97.2%
Yen strengthening not good sign for Croesus trust unitholders as currency exchange loss widens.
Nowadays a lot of people going to Japan for holidays. I notice quite a few of my colleagues going to Japan for holidays. Maybe because yen is weaker nowadays. Japanese yen seems to be strengthening this few days.
Time to focus on Japan property play.
Croesus is pure Japan retail property play. Portfolio of 6 quality income producing properties.
CROESUS RETAIL TRUST
Particulars : 100513 - 311213 SGD 0.0524 TAX EXEMPT
Ex-date : 24 Feb 2014
Buy-In Last Cum Date : 26 Feb 2014
Record Date : 26 Feb 2014
Date Paid/Payable : 31 Mar 2014
Valentine's Day surprise gift:
http://infopub.sgx.com/FileOpen/FORM3_ARCapital_17Feb14.ashx?App=Announcement& FileID=274896