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881-900 of 980
Incredible demand for placement and tiny discount. This MINT is like minting gold.
Can anyone share how to buy the placement? Thanks in advanced
1/3 funded by a placement and 2/3 by hopefully cheap USD debt. Discount on the placement looks small. Think this looks good although I was hoping for a cheap rights issue instead.Goldfinger ( Date: 17-Sep-2019 07:12) Posted:
| Size and the right partnerships matters.. |
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Size and the right partnerships matters..
Super major acquisition of US data centre portfolio - go read SGX. I wanna buy cheap cheap rights!!!!
Yes,... I would say you are right,... UNTIL Feds decides to raise rates again.
Goldfinger ( Date: 05-Sep-2019 07:30) Posted:
Good points. So I Guess the 5.5pc yield for this blue chip like REIT would be very attractive even compared to the CPF SA rates. Without much currency exposure either.
chengwh1 ( Date: 05-Sep-2019 00:52) Posted:
| I observed many of the home-grown REITs are climbing,... I think this is because SG REITs are good safe havens in times like this. Everybody wants to sit inside REITs now, besides gold. Secondly,....with interest rates dropping, REITs will shine. Thirdly, dropping FD rates make retirees go after other higher-yield instruments out there |
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Good points. So I Guess the 5.5pc yield for this blue chip like REIT would be very attractive even compared to the CPF SA rates. Without much currency exposure either.
chengwh1 ( Date: 05-Sep-2019 00:52) Posted:
I observed many of the home-grown REITs are climbing,... I think this is because SG REITs are good safe havens in times like this. Everybody wants to sit inside REITs now, besides gold. Secondly,....with interest rates dropping, REITs will shine. Thirdly, dropping FD rates make retirees go after other higher-yield instruments out there.
Goldfinger ( Date: 04-Sep-2019 11:32) Posted:
| This MINT keeps climbing continually. What is happening here.. Any theories??? The spread over risk free rates and SSB rates that are falling? |
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I observed many of the home-grown REITs are climbing,... I think this is because SG REITs are good safe havens in times like this. Everybody wants to sit inside REITs now, besides gold. Secondly,....with interest rates dropping, REITs will shine. Thirdly, dropping FD rates make retirees go after other higher-yield instruments out there.
Goldfinger ( Date: 04-Sep-2019 11:32) Posted:
This MINT keeps climbing continually. What is happening here.. Any theories??? The spread over risk free rates and SSB rates that are falling?
Goldfinger ( Date: 23-Jan-2019 07:37) Posted:
| Love this REIT/stock, always growing dividends year in year out. 6%-9% increase, depending on the metric read. Rare breed. DPU up again. The sponsor is doing a great job, besides being the bluest of the blue names |
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Any chance of it replacing HPH Trust in ST Index ?
This MINT keeps climbing continually. What is happening here.. Any theories??? The spread over risk free rates and SSB rates that are falling?Goldfinger ( Date: 23-Jan-2019 07:37) Posted:
Love this REIT/stock, always growing dividends year in year out. 6%-9% increase, depending on the metric read. Rare breed. DPU up again. The sponsor is doing a great job, besides being the bluest of the blue names.
Goldfinger ( Date: 24-Oct-2018 09:29) Posted:
| Paiseh - I always cash out. Have about 200 lots of MINT - and the dividends in cash always help sponsor a nice holiday every 3 months or so. Perhaps others can advise |
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Love this REIT/stock, always growing dividends year in year out. 6%-9% increase, depending on the metric read. Rare breed. DPU up again. The sponsor is doing a great job, besides being the bluest of the blue names.
Goldfinger ( Date: 24-Oct-2018 09:29) Posted:
Paiseh - I always cash out. Have about 200 lots of MINT - and the dividends in cash always help sponsor a nice holiday every 3 months or so. Perhaps others can advise.
sp@ysj2017 ( Date: 24-Oct-2018 09:17) Posted:
Could you pls help me to understand the capital distribution offer? I hv 2000 shares of MTIT.
DPU - $0.0301
Entitlement for 2k shares - $60.20
How many units will i receive? (ie what is selling price of a share MTIT ?)
Any suggestion? Thank you |
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Paiseh - I always cash out. Have about 200 lots of MINT - and the dividends in cash always help sponsor a nice holiday every 3 months or so. Perhaps others can advise.
sp@ysj2017 ( Date: 24-Oct-2018 09:17) Posted:
Could you pls help me to understand the capital distribution offer? I hv 2000 shares of MTIT.
DPU - $0.0301
Entitlement for 2k shares - $60.20
How many units will i receive? (ie what is selling price of a share MTIT ?)
Any suggestion? Thank you.
Goldfinger ( Date: 23-Oct-2018 21:02) Posted:
| Incredible stock - ever improving dividends. Well done MINT! |
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Could you pls help me to understand the capital distribution offer? I hv 2000 shares of MTIT.
DPU - $0.0301
Entitlement for 2k shares - $60.20
How many units will i receive? (ie what is selling price of a share MTIT ?)
Any suggestion? Thank you.
Goldfinger ( Date: 23-Oct-2018 21:02) Posted:
| Incredible stock - ever improving dividends. Well done MINT! |
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Incredible stock - ever improving dividends. Well done MINT!
Well - very good results and DPU increase again. Can only say this is one Reit that I will gladly hold and keep and pass on to my kid. Has not disappointed from day 1.
My staff told me this mornng he found our the following : When the time comes to renew the land lease, MINT will HAVE TO PAY the Renewal Fee.
Looks like the acquisition price here is not the only price to pay,the renewal fee will be determined later-on. Then still need to pay this one. With all these fees here and there, I wondered what the Capitalisation Rate is now,....
Yesss,.... this was in my mind too when I read everything over the last weekend,... but this matter/question slipped my mind because so many corporate actions (that my holdings are in) to read-up on,... yeah, the lease is expiring in 2023,.. so how ???
No EGM will be held here because the quantum of this transaction is below the threshold value,.... how to ask then ? Can you write to them ?
Goldfinger ( Date: 29-Apr-2018 17:18) Posted:
What I do not understand about this acquisition is the lease - does it include the 30 year extension or not? Presumably they would have to cough up more money to the URA ie it will not be free? Else it will only be another 5 years to lease expiration.
chengwh1 ( Date: 29-Apr-2018 15:59) Posted:
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What I do not understand about this acquisition is the lease - does it include the 30 year extension or not? Presumably they would have to cough up more money to the URA ie it will not be free? Else it will only be another 5 years to lease expiration.
chengwh1 ( Date: 29-Apr-2018 15:59) Posted:
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http://www.mapletreeindustrialtrust.com/~/media/MIT/Newsroom/Press%20Releases/2018/Apr/20180427_MIT%20to%20Grow%20Hi_Tech%20Buildings%20Segment%20with%20Acquisition%20and%20Upgrading%20of%207%20Tai%20Seng%20Drive.pdf?ec_as=8EB7E54E3CA549518EFDD0E40A095B09
MIT bought 7 Tai Seng Drive via Novation vehicle from MLT, and will be doing upgrading works onto the 7-storey building. Works will end at end-June. and the Tenant will lease for an initial term of 25 years with annual rental escalations and an option to renew exercisable by the Tenant for the remaining land lease tenure. The total cost of the Proposed Acquisition and upgrading works is expected to be S$95 million.
Looks like MLT selling over to MIT,.... and no mention if this acquisition and upgrading works done will be dpu-accretive to us later. ...
