https://www.google.com/amp/s/www.businesstimes.com.sg/companies-markets/mas-seeks-views-on-raising-45-leverage-limits-for-s-reits%3famp
If limit is rise, Ireit with interest cover ratio of 11x will greatly benefit. Good for all ireit investor who held on when seller sold his 127 millions shares.
If limit is rise, Ireit with interest cover ratio of 11x will greatly benefit. Good for all ireit investor who held on when seller sold his 127 millions shares.
Nah...his remaining 43+ millions shares holding still substantial to me.
Many retail investors sold when his 127 millions share in ireit was sold but ireit was fundamentally strong.
Many retail investors sold when his 127 millions share in ireit was sold but ireit was fundamentally strong.
CheeryVGoh ( Date: 22-Sep-2019 12:26) Posted:
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Wealthy Fountain' s first substantial sale :  sold 3mil for USD2,040,000 on 30/08/2019, not 10mil units.
Temasek had ceased to be substaintial unitholder as of 27/06. Can check out Eagle website under Invetsor relations where the annoucement was made.
Institution had smelt rats. Still don' t realize that the situation is far from good?. 
Temasek had ceased to be substaintial unitholder as of 27/06. Can check out Eagle website under Invetsor relations where the annoucement was made.
Institution had smelt rats. Still don' t realize that the situation is far from good?. 
laksaman57 ( Date: 22-Sep-2019 11:48) Posted:
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https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-09-20/hold-that-recession-u-s-indicators-are-trouncing-forecasts
"The U.S. economy is outperforming expectations by the most this year, offering a fresh rebuttal to last month?s resurgent recession fears fueled by the trade war and a manufacturing slump.
The Bloomberg Economic Surprise Index has reached an 11-month high after four indicators released Thursday, including existing home sales and jobless claims, each surpassed expectations...."
"The U.S. economy is outperforming expectations by the most this year, offering a fresh rebuttal to last month?s resurgent recession fears fueled by the trade war and a manufacturing slump.
The Bloomberg Economic Surprise Index has reached an 11-month high after four indicators released Thursday, including existing home sales and jobless claims, each surpassed expectations...."
Maybe opportunity to buy cheap.
Seller maybe over stretched in holding many reits. ESR preferential right is non renounceable.
It's a must-subscribe rights.
US economy booming. Eagle Htrust hotels more focus on internal travellers
Lesson can be learn from massive 127 million shares sale of ireit. Dyodd
Seller maybe over stretched in holding many reits. ESR preferential right is non renounceable.
It's a must-subscribe rights.
US economy booming. Eagle Htrust hotels more focus on internal travellers
Lesson can be learn from massive 127 million shares sale of ireit. Dyodd
Goldfinger ( Date: 22-Sep-2019 10:46) Posted:
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This is a bad sign for the seller and for Eagle.
laksaman57 ( Date: 22-Sep-2019 10:17) Posted:
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Maybe sell to take up huge ESR reit right issuance, since ESR reit price rising after positive take away from latest egm.
May have bought at the issue price - so loss incurring trades. Wonder why.
Who bought the 10 million shares ?
CheeryVGoh ( Date: 21-Sep-2019 22:04) Posted:
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It was only 40% subscribed by the during the IPO.   
*****
In EHT' s IPO, no applications were received for about 60 per cent or 26.6 million stapled securities out of the 44.9 million available to the Singapore public for subscription, at the close of the public offer on May 22. The subscription rate for the public offer is therefore 0.4 times.
About 25.3 million of those unsubscribed stapled securities are thus being underwritten by the joint bookrunners and underwriters.
Meanwhile, some 1.3 million were re-allocated to the international placement to " satisfy an indication of interest received" , the managers said. The placement tranche was fully subscribed.
*****
*****
EHT' s first distribution will be for the period from the listing date, May 24, 2019, to Dec 31, 2019, which the managers will pay by March 30, 2020. Subsequent distributions will take place on a semi-annual basis, for each six-month period ended June 30 and Dec 31.
It will distribute its entire annual distributable income for the period from May 24, 2019 to Dec 31, 2020. Thereafter, it will distribute at least 90 per cent of its annual distributable income.
EHT is a hospitality stapled group comprising Eagle Hospitality Real Estate Investment Trust and Eagle Hospitality Business Trust.
*****
CheeryVGoh ( Date: 21-Sep-2019 22:04) Posted:
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Week of 2nd Sep
Top 10 institution net sell (S$2.6M)
Top 10 retail net buy (S$2.4M)
 
Top 10 institution net sell (S$2.6M)
Top 10 retail net buy (S$2.4M)
 
laksaman57 ( Date: 21-Sep-2019 16:19) Posted:
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This share - not for faint of heart.
when will this pay div ?
Wonder who so ' stupid' to buy 10 millions share, if it will to fall further ...hmmmm
laksaman57 ( Date: 21-Sep-2019 15:53) Posted:
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https://www.fool.sg/2019/09/05/ireit-global-a-bulls-view/
" IREIT Global: A Bull&rsquo s View"
" IREIT Global: A Bull&rsquo s View"
https://www.reitsweek.com/2019/05/property-developer-tong-jinquan-disposes-127-million-units-of-ireit-global.html
 
" Chinese real estate developer Tong Jinquan has disposed off 127 million units of Singapore-listed IREIT Global via companies that he controls. "
When owner disposed of 127 millions shares of Ireit Global, many thought it was bad.
But when buyer was disclosed to be CDL, its was good after all.
Anyone good guess who bought the 10 millions Eagle Htrust shares ?
But when buyer was disclosed to be CDL, its was good after all.
Anyone good guess who bought the 10 millions Eagle Htrust shares ?
Maybe good, maybe bad.
Should be interesting to know who bought the 10 millions share.
 
Should be interesting to know who bought the 10 millions share.
 
CheeryVGoh ( Date: 21-Sep-2019 15:46) Posted:
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Is not looking good.
laksaman57 ( Date: 21-Sep-2019 15:42) Posted:
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Oh ya, you' re right ...left 43+ millions shares
CheeryVGoh ( Date: 21-Sep-2019 15:36) Posted:
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