ESR-REIT   

Cambridge Ind Trust Results Announcement

Are you working in a Chinese company?

 

ecekca      ( Date: 31-Jan-2016 10:18) Posted: interesting answer bonus so early get meh?? i yet to receive mine.. WanSiTong      ( Date: 30-Jan-2016 15:00) Posted: Job Hopping is very normal especially after receiving their yearly bonuses.

 

interesting answer

bonus so early get meh??

i yet to receive mine..

WanSiTong      ( Date: 30-Jan-2016 15:00) Posted: Job Hopping is very normal especially after receiving their yearly bonuses.   ecekca      ( Date: 30-Jan-2016 14:41) Posted: who knows why CFO and COO resign a day after annoucing results?

 

Job Hopping is very normal especially after receiving their yearly bonuses.

 

ecekca      ( Date: 30-Jan-2016 14:41) Posted: who knows why CFO and COO resign a day after annoucing results?

 

who knows why CFO and COO resign a day after annoucing results?

 

Okie. as long you rem to diversify your portfolio

lawrence83      ( Date: 22-Jan-2016 20:08) Posted: It form part of my new positions. Shifting to more dividend play. Sold my Ezra stocks to buy CIT. Hope it would not dissapoint me ecekca      ( Date: 20-Jan-2016 22:12) Posted: Does it form part of your new position in your portfolio? or you add on ?

 

It form part of my new positions. Shifting to more dividend play. Sold my Ezra stocks to buy CIT. Hope it would not dissapoint me

ecekca      ( Date: 20-Jan-2016 22:12) Posted: Does it form part of your new position in your portfolio? or you add on ? lawrence83      ( Date: 20-Jan-2016 20:50) Posted: Bought 10,000 shares today at S$ 0.51. A little bit regret of going to early but it' s okay since the dividend yield is still attractive at 9%.

 

Just wonder why the CEO exercise options to shares are less than 9K?

 

 

Does it form part of your new position in your portfolio?

or you add on ?

lawrence83      ( Date: 20-Jan-2016 20:50) Posted: Bought 10,000 shares today at S$ 0.51. A little bit regret of going to early but it' s okay since the dividend yield is still attractive at 9%.

 

Bought 10,000 shares today at S$ 0.51. A little bit regret of going to early but it' s okay since the dividend yield is still attractive at 9%.

 

new low at 0.50

Attractive price to enter at 0.46 to 0.48

 

Drop to a new low of 0.525

Going to go ex-date on 20th Jan, will drop even more after that...currently upcoming div is the catalyst holding the stock
 

 

On 15Jan16, the COO/CFO resigned to puruse new opportuntities. Been with Cambridge for the last 5 years.

 

0.48 would be a good price to enter..

 

lawrence83      ( Date: 17-Jan-2016 09:31) Posted: Very good.Hope it can hit S$ 0.530. Hopefully to buy some shares for the CIT due to its attractive dividend yield :)

 

Very good.Hope it can hit S$ 0.530. Hopefully to buy some shares for the CIT due to its attractive dividend yield :)

 

Monday to breach even lower...

 

If you have spare cash, then its fine

For small investors like me, maybe not. cos the price move downwards might be scary. during crisis, this drop to 20cents

WanSiTong      ( Date: 15-Jan-2016 11:30) Posted:   I' d be happy at anything more than 6% bearing in mind the current FD rate of 1.6% Current yield for this counter at 8.6%   ecekca      ( Date: 14-Jan-2016 22:35) Posted: Things to note 1.Occupancy rate went from 95.4% to 94.3% QOQ 2.DPU is on a declining trend from the high at 1.252 to 1.139. it moving back to the level of 2011. 3.% of STB has been decreasing from 2011 at 90% to 48.3% which also explained that GRI is increasing but DPU is not increasing as much as MTB' s rental is higher than STB' s rental but net profit is much lesser based on how i see it. 4. $40mio of investment properties to be divested which will help increase cash as cash is at a low of $2mio 5. 8 STB properties lease expiring. Of these 8 (2 to divest/1 on AEI/1 to convert to MTB/ 4 to extend leases) 6. Financing risk for 2017 which means they will have to renegotiate the 100mio loan during 2016 depending on how many rate hike will be 7. Current yield at 8.6%. For the risk, the yield should be at around 9.5% which is the level at 2011. Therefore price at 0.48 will be attractive to enter.

 

  I' d be happy at anything more than 6%
bearing in mind the current FD rate of 1.6%

Current yield for this counter at 8.6%

 

ecekca      ( Date: 14-Jan-2016 22:35) Posted: Things to note 1.Occupancy rate went from 95.4% to 94.3% QOQ 2.DPU is on a declining trend from the high at 1.252 to 1.139. it moving back to the level of 2011. 3.% of STB has been decreasing from 2011 at 90% to 48.3% which also explained that GRI is increasing but DPU is not increasing as much as MTB' s rental is higher than STB' s rental but net profit is much lesser based on how i see it. 4. $40mio of investment properties to be divested which will help increase cash as cash is at a low of $2mio 5. 8 STB properties lease expiring. Of these 8 (2 to divest/1 on AEI/1 to convert to MTB/ 4 to extend leases) 6. Financing risk for 2017 which means they will have to renegotiate the 100mio loan during 2016 depending on how many rate hike will be 7. Current yield at 8.6%. For the risk, the yield should be at around 9.5% which is the level at 2011. Therefore price at 0.48 will be attractive to enter.

 

Things to note

1.Occupancy rate went from 95.4% to 94.3% QOQ

2.DPU is on a declining trend from the high at 1.252 to 1.139. it moving back to the level of 2011.

3.% of STB has been decreasing from 2011 at 90% to 48.3% which also explained that GRI is increasing but DPU is not increasing as much as MTB' s rental is higher than STB' s rental but net profit is much lesser based on how i see it.

4. $40mio of investment properties to be divested which will help increase cash as cash is at a low of $2mio

5. 8 STB properties lease expiring. Of these 8 (2 to divest/1 on AEI/1 to convert to MTB/ 4 to extend leases)

6. Financing risk for 2017 which means they will have to renegotiate the 100mio loan during 2016 depending on how many rate hike will be

7. Current yield at 8.6%. For the risk, the yield should be at around 9.5% which is the level at 2011. Therefore price at 0.48 will be attractive to enter.
 

 

Cambridge defence at 0.535 is broken.

Next one 0.515

 

in fact, i didn' t notice that except found it weird why DPU not as high as previous then i looked at their notes

Anyone looked at their notes before and see when did the mgmt took cash?

ShowMeMoneyp      ( Date: 14-Jan-2016 13:02) Posted: Not just that.   It also showed that management has not confidence in share price, that' s why they took cash. After XD, will drop anothe cent.   So yes, it will drift to 50cents or lower. ecekca      ( Date: 14-Jan-2016 12:05) Posted: This time , the mgmt is taking cash for their mgmt fees that why DPU dropped. This also affected the DPU which is quite substantial I think DPU of 1.139 and below is the norm now and will be lower since they will have quite a number of properties converting to multi-tenanted I' m skeptical over the valuation as it higher than last year which is higher than last year. This is weird since industrial properties price should be dropping. Apparently they are using the discounted cashflow analysis and the capitalisation methods of valuation. Is that the proper way of valuation? Anyone has any feedback on this