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52 week low at $0.255. May or may not reach there again. Seems a reasonable PB ratio, with Singapore-focus asset portfolio (3 Grade A office properties). Received several dividends, thus " cushionable" risk-reward for me to hold out. Dyodd.
http://https://www.statista.com/statistics/247565/monthly-average-10-year-us-treasury-note-yield-2012-2013/#:~:text=Prediction%20of%2010%20year%20U.S.%20Treasury%20note%20rates%202019%2D2025& text=In%20December%202024%2C%20the%20yield,Who%20owns%20treasury%20notes%3F
https://www.ouereit.com/portfolio-overview.html
http://https://www.statista.com/statistics/247565/monthly-average-10-year-us-treasury-note-yield-2012-2013/#:~:text=Prediction%20of%2010%20year%20U.S.%20Treasury%20note%20rates%202019%2D2025& text=In%20December%202024%2C%20the%20yield,Who%20owns%20treasury%20notes%3F
https://www.ouereit.com/portfolio-overview.html
Trainner ( Date: 17-Feb-2025 10:11) Posted:
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What is your expectation on OUEReit? Will it stabilise at current price? Not vested yet but is interested.
Delvyss ( Date: 17-Feb-2025 09:33) Posted:
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" A multiple bottom is a chart pattern that occurs when a stock price repeatedly reaches a low level. It' s a sign that a stock has experienced a significant price drop and is ready to increase in value."
Another interesting move awaiting.
Another interesting move awaiting.
2 to be privatised, which is the next potential one?
Corporate insights well presented.
With better dividend, let's look forward.
Even at 40, it's PB ratio still pretty decent.
seanpent ( Date: 16-Jan-2025 09:03) Posted:
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OUE Reit' s H2 DPU increases 8.7% to S$0.0113
The amount to be distributed to unitholders increases 8% on year to S$62.4 millionhttps://www.businesstimes.com.sg/companies-markets/oue-reits-h2-dpu-increases-8-7-s0-0113
OUE REIT Announces 1.13 Cents Distribution Per Unit for H2 2024 - Key Dates and Tax Information
https://www.minichart.com.sg/2025/01/23/oue-reit-announces-1-13-cents-distribution-per-unit-for-h2-2024-key-dates-and-tax-information-2/
cobrajr ( Date: 24-Jan-2025 10:05) Posted:
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OUE Reit&rsquo s H2 DPU increases 8.7% to S$0.0113
The amount to be distributed to unitholders increases 8% on year to S$62.4 million
THE distribution per unit (DPU) for OUE Real Estate Investment Trust (Reit) rose 8.7 per cent to S$0.0113 for the second half of its financial year ended Dec 31, 2024, from S$0.0104 in the year-ago period, its manager said in a bourse filing on Thursday (Jan 23).
This came as revenue increased 1.7 per cent on the year to S$148.8 million, from S$146.3 million in the corresponding period in the prior year.
The growth was mainly due to the stable operational performance of the Reit&rsquo s Singapore office portfolio, as well as the successful asset enhancement of Crowne Plaza Changi Airport, which was completed in December 2023, its manager pointed out.
On the other hand, net property income (NPI) for the half year slipped 2.3 per cent to S$116.9 million, from S$119.7 million in H2 FY2023.
This was attributed to the upward revision of prior years&rsquo property tax for Hilton Singapore Orchard and Crowne Plaza Changi Airport.
Adjusting for this revision, NPI would have recorded a year-on-year (yoy) increase of 0.3 per cent in H2 FY2024, it noted.
The Reit manager added that the share of joint venture results from OUE Bayfront, which also contributes to NPI, doubled in the six-month period to S$26 million, mainly due to fair value gains.
The amount available for distribution for H2 2024 grew 3.7 per cent on the year to S$59.9 million. This was achieved despite its higher finance cost, which was offset by the payment of 50 per cent base management fee in units in Q4 FY2024 and the removal of working capital retention, the manager noted.
Including the release of the remaining S$2.5 million capital distribution from the 50 per cent divestment of OUE Bayfront, the amount to be distributed to unitholders was S$62.4 million, marking an 8 per cent yoy increase from S$57.7 million.
The distribution for the period, comprising taxable income distribution, tax-exempt income distribution and capital distribution, will be paid on Mar 5, 2025, after books closure on Feb 4.
For the full year, the manager of the trust announced a DPU of S$0.0206, down 1.4 per cent from S$0.0209 in the year-ago period.
The amount to be distributed was S$113.7 million, a decrease of 1.4 per cent from S$115.3 million in FY2023.
Revenue expanded 3.7 per cent to S$295.5 million, from S$285.1 million a year ago, while NPI slipped a marginal 0.4 per cent to S$234 million, from S$235 million.
Its net asset value per unit stood at S$0.58 as at Dec 31, 2024.
OUE Reit comprises a commercial segment as well as a hospitality segment.
Committed occupancy of the Reit&rsquo s Singapore office properties remained healthy at 94.6 per cent as at end-December 2024, with full-year positive rent reversion of 10.7 per cent.
Said the manager: &ldquo Occupier sentiment is expected to remain weak due to global economic uncertainties, high fit-out costs and elevated interest rates.&rdquo
It added: &ldquo However, below-historical-average office supply in the Core Central Business District (Grade A) over the next four years, combined with anticipated interest rate cuts, is likely to bolster corporate confidence in expansion in 2025.&rdquo
Citing CBRE forecasts, it noted that rents in the area will grow by 2 per cent for the full year in 2025, against 2024&rsquo s modest 0.4 per cent growth, &ldquo supported by the ongoing flight-to-quality trend&rdquo .
As for its hospitality segment, the manager highlighted that tourism recovery is expected to continue, though the outlook for FY2025 remains cautious amid more affordable regional competitors, and the absence of high-profile concerts and meetings, incentives, conferences and exhibitions events.
How much is the dividend, this time.
Thank you kindly
Looking forward to their " Opportunities & Growth Strategies"
Favourable risk-reward ratio.
https://www.theedgesingapore.com/capital/investing-ideas/beansprouts-wong-sees-favourable-risk-reward-ratio-reits-singles-out-oue
Favourable risk-reward ratio.
https://www.theedgesingapore.com/capital/investing-ideas/beansprouts-wong-sees-favourable-risk-reward-ratio-reits-singles-out-oue
Do attend their corporate insights
Hope today break 32Cts
40 ?
Very conducive for a nice recovery
Beansprout' s Wong sees favourable risk-reward ratio for REITs, singles out OUE REIT, Elite UK REIT and AIMS APAC REIT
https://www.theedgesingapore.com/capital/investing-ideas/beansprouts-wong-sees-favourable-risk-reward-ratio-reits-singles-out-oue
Now probably cheaper than Frasers Hospitality Trust ?
Yeah. Sentiments for Reits reversed. Add.
Delvyss ( Date: 03-Jan-2025 07:46) Posted:
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They will buy something from Lipo Indonesia to help their patent company. Buy and sell the Sponsor make monies but not the retail investors
Delvyss ( Date: 03-Jan-2025 07:46) Posted:
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Mentioned in article:
" The proceeds will provide the manager with financial flexibility to pare down debt, undertake accretive acquisitions of higher-yielding assets or asset enhancement initiatives, redeem outstanding convertible perpetual preferred units, commence a buyback programme, and distribute them to unitholders, the filing said."
" The proceeds will provide the manager with financial flexibility to pare down debt, undertake accretive acquisitions of higher-yielding assets or asset enhancement initiatives, redeem outstanding convertible perpetual preferred units, commence a buyback programme, and distribute them to unitholders, the filing said."
seanpent ( Date: 02-Jan-2025 21:46) Posted:
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