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There are still a few REITs that have not issued rights yet - Mapletree GCC, Far East HTrust, Frazer Centerpoint Trust, Ascendas Indian Trust. All have potential to issue rights.
laksaman57 ( Date: 23-Sep-2017 13:32) Posted:
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May follow Cache, issuing rights to reduce its high gearing of 41.3%
nngeeh ( Date: 23-Sep-2017 13:09) Posted:
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Ireit issued rights before.
laksaman57 ( Date: 23-Sep-2017 12:34) Posted:
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Ireit ?
Observers ( Date: 22-Sep-2017 08:33) Posted:
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http://sgx.i3investor.com/m/blog/sgxstockwarrant/30362.jsp
On a pro forma basis, CCT?s FY16 DPU would dip 16.2% to 7.61 S cents, while 1H17 DPU would decline 7.2% to 4.23 S cents.
On a pro forma basis, CCT?s FY16 DPU would dip 16.2% to 7.61 S cents, while 1H17 DPU would decline 7.2% to 4.23 S cents.
Sometimes, we can judge the ' confidence' of the ctr from the discount percentage that it offers from its RI. If a ctr is perceived to be good, and at the same time, the ctr IS CONFIDENT too that it is good, then it would give a Pref Offering instead of a Rights Issue. The Pref Offering will then have just a small discnt percentage. This would be Mapletree Logistcs Trust.
If the ctr is deemed as being s0-so,... then it would give an RI, with a deeper discnt percentage. This would be Manulife US REIT.
Then we have Cache Logistics Trust - very deep discnt with an RI !
Some observations in the above,... in the current Cash-Raising (CR) season now,....
Personally :-
1) Bought more for one, subscribing for full Rights and applying maximum Excess.
2) Did not buy more for another, but subscribing for full Rights and applying limited number of Excess.
3) Sold-off the third when heard cash-raising exercise coming,...
So much work,.....
If the ctr is deemed as being s0-so,... then it would give an RI, with a deeper discnt percentage. This would be Manulife US REIT.
Then we have Cache Logistics Trust - very deep discnt with an RI !
Some observations in the above,... in the current Cash-Raising (CR) season now,....
Personally :-
1) Bought more for one, subscribing for full Rights and applying maximum Excess.
2) Did not buy more for another, but subscribing for full Rights and applying limited number of Excess.
3) Sold-off the third when heard cash-raising exercise coming,...
So much work,.....
Observers ( Date: 22-Sep-2017 08:33) Posted:
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$1.363. Massive discount to closing price of $1.695. Subscribe or be diluted.
Following on the heels of Maple Log, Manulife, Cache. Still left which reit havent rights issue? But their timing is interesting. Institutional investors are flushed with cash?
Following on the heels of Maple Log, Manulife, Cache. Still left which reit havent rights issue? But their timing is interesting. Institutional investors are flushed with cash?
Smdj?
https://www.theedgesingapore.com/capitaland-commercial-trust-declares-32-higher-2q-dpu-227-cents
Time for investors of this REIT to take profit
By:
Michelle Zhu
SINGAPORE (April 20): RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from &ldquo buy&rdquo to &ldquo take profit&rdquo , recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house&rsquo s target price of $1.68, which remains unchanged.
(See also: CapitaLand Commercial Trust&rsquo s 1Q17 DPU rises 9.6% to 2.4 cents)
In a Thursday report, analyst Vijay Natarajan notes that the unit price of CCT has outperformed the Straits Times Index and SGX S-REIT Index by 9% and 8% respectively, and says he believes the recent run-up in its unit price has already factored in most of the positives arising from the potential redevelopment of Golden Shoe Car Park (GSCP).
With CCT having recently obtained provisional permission for the carpark&rsquo s redevelopment, the trust is currently awaiting for the assessment of the differential premium payable to complete the feasibility study of the development, which Natarajan expects to be completed within the next 1-2 quarters.
&ldquo GSCP is likely to add ~1 million sq ft of commercial gross floor area (GFA) in Singapore&rsquo s central business district (CBD) when fully redeveloped. Management is currently evaluating various funding options, which includes a potential sale of assets and JV structures to mitigate fund raising concerns,&rdquo says the analyst.
Highlighting that the office rental decline is currently slowing down while pre-commitment levels for future supply remain &ldquo relatively healthy&rdquo , he forecasts rents to bottom up this year before rebounding only in 2018.
Natarajan is also expecting at least a partial conversion of CCT&rsquo s $175 million of convertible bonds, which are due for refinancing this September, as the conversion price of $1.4265 ex-dividend is well below current unit price levels.
&ldquo Our forecasts have already factored in the impact assuming full conversion into equity. A full conversion of convertible bonds would also lower gearing levels to 36.1% from 38.1%,&rdquo he concludes.
Units of CCT closed 0.5 cent higher at $1.635.
Marubozu1688, how much office REIT u loaded?
I think it is common fact that rental market is weak in general this year.
Without promising rental yield, the higher share price is justified?
I think it is common fact that rental market is weak in general this year.
Without promising rental yield, the higher share price is justified?
marubozu1688 ( Date: 25-Apr-2017 18:24) Posted:
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Capita Commercial Trust compares to other Office REITs.
http://mystocksinvesting.com/singapore-reits/office-sector/singapore-reit-office-sector-still-under-value-in-general/
Time for investors of this REIT to take profit
By:
Michelle Zhu
SINGAPORE (April 20): RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from &ldquo buy&rdquo to &ldquo take profit&rdquo , recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house&rsquo s target price of $1.68, which remains unchanged.
(See also: CapitaLand Commercial Trust&rsquo s 1Q17 DPU rises 9.6% to 2.4 cents)
In a Thursday report, analyst Vijay Natarajan notes that the unit price of CCT has outperformed the Straits Times Index and SGX S-REIT Index by 9% and 8% respectively, and says he believes the recent run-up in its unit price has already factored in most of the positives arising from the potential redevelopment of Golden Shoe Car Park (GSCP).
With CCT having recently obtained provisional permission for the carpark&rsquo s redevelopment, the trust is currently awaiting for the assessment of the differential premium payable to complete the feasibility study of the development, which Natarajan expects to be completed within the next 1-2 quarters.
&ldquo GSCP is likely to add ~1 million sq ft of commercial gross floor area (GFA) in Singapore&rsquo s central business district (CBD) when fully redeveloped. Management is currently evaluating various funding options, which includes a potential sale of assets and JV structures to mitigate fund raising concerns,&rdquo says the analyst.
Highlighting that the office rental decline is currently slowing down while pre-commitment levels for future supply remain &ldquo relatively healthy&rdquo , he forecasts rents to bottom up this year before rebounding only in 2018.
Natarajan is also expecting at least a partial conversion of CCT&rsquo s $175 million of convertible bonds, which are due for refinancing this September, as the conversion price of $1.4265 ex-dividend is well below current unit price levels.
&ldquo Our forecasts have already factored in the impact assuming full conversion into equity. A full conversion of convertible bonds would also lower gearing levels to 36.1% from 38.1%,&rdquo he concludes.
Units of CCT closed 0.5 cent higher at $1.635.
Any idea why drop so much?
Fantastic Grade A office play. Only comparable REIT is K-reit. But CCT is much less geared compared to Kreit. Still yielding close to 6% despite office rent downturn. Raffles City anchored by big G tenant - safe play.
Buy and collect. TP 1.80
you know what ang mo funds here arw good at ?
they help to support Bbs to buy cheaper or seem good ....thus are called "helping funds"
they help to support Bbs to buy cheaper or seem good ....thus are called "helping funds"
wahlao...this counter more then a week still ding dong ding dong at 1.565 to 1.595, when will up above 160...so sian
good run today. shld head bck up to 16 slowly.
Why sudden drop, can buy??
when a counter runs, everybody hushhush.. now some selling coming. TP: 1.96