Religare Health Trust *Official* (SGX: RF1U)

[Opps-gal]

Those who have much faith in it should be those who enter much earlier bah.

You talking about moi? IPO price add to lower many times.

 

[Opps-gal]

SEBI forbid the Singh and 8 firms to sell any assets ..
Song song .. crawl back $$$$ for fortis .

So is this counter going to sell off or not? So confused. Ding dong so long, no conclusion?

 

[addict951]

.725 showing riao
Gek xim **** this counter

 

[Opps-gal]

Sell, no sell, sell, no sell? Thought is selling away assets? So sell or no sell?

 

[Opps-gal]

So what happens?

 

[Mergui219067]

No leh.
Some believe it would be worth a lot after selling off its asset with little fall in stock price.

The reality has set in now .

Those who have much faith in it should be those who enter much earlier bah.

 

[homer123]

Time to move on..

 

[Tooi Kono Machi De]

We can just hold and wait while they buy over our holdings at offer price and collect the past dividends which they owe + dividends till they buy over right?

 

[Mancunian2]

not say I racist, but somehow I can't trust this....

long ago in 2016 .... moi already hinted **** cannot be trusted

 

[Average]

long ago in 2016 .... moi already hinted **** cannot be trusted

Tiongs also.....

 

[Mergui219067]

If they work in overseas & non-India companies can be trusted lah .

hinted **** cannot be trusted

 

[appl888]

We can just hold and wait while they buy over our holdings at offer price and collect the past dividends which they owe + dividends till they buy over right?

They don’t hedge Indian rupee so best not to buy if not vested
The payout is fixed in Indian rupee
Then convert to sgd
Not good for minorities
Cos sgd gaining strength

 

[Lkpccl]

We can just hold and wait while they buy over our holdings at offer price and collect the past dividends which they owe + dividends till they buy over right?

That's right.

Please also note, the reference rate had already been set at INR 52.99 or the rate one day before completion of deal. Whichever is better. If you already own RHT shares, just hold. If you do not, your money you decide.

 

[appl888]

That's right.

Please also note, the reference rate had already been set at INR 52.99 or the rate one day before completion of deal. Whichever is better. If you already own RHT shares, just hold. If you do not, your money you decide.

thanks for the info

 

[Toni90]

That's right.

Please also note, the reference rate had already been set at INR 52.99 or the rate one day before completion of deal. Whichever is better. If you already own RHT shares, just hold. If you do not, your money you decide.

This one only for the 72 cent, right? If the exchange rate keep losing, after returning 72 cent no more money left. Can happen or not?

 

[Lkpccl]

This one only for the 72 cent, right? If the exchange rate keep losing, after returning 72 cent no more money left. Can happen or not?

No, not the case! This reference rate means it's fixed. Won't get worst, only can get better if rate improved.

To sum up what shareholders will be getting:

1. Special dividend: about 70 odd cents.

2. DPU for two full quarters ( Apr to Sep 18).

3. Pro-rated DPU for final quarter (Oct 18 till deal closed date, which is
expected to be sometime in Dec 18 or earlier).

4. Return of retention sum of about 3.6 cents (after less expenditures which
is capped at not more than 10% of the sum retained). This is provided no
new assets are injected into trust to retain the listing and Trust delisted as
required in about a year's time.

After deal closed, the Trust is given about 6 months to look for news assets. If after 6 months and they are still unable to do so, they will have to start the delisiting procedure. This delisiting has to be completed in 6 months. Hence, the one year time frame.

 

[Th3W3i]

Hi

If I am holding at $0.87 per share, is it advisable to buy in more now before rht delist so as to average it down to $0.766 and reduce losses?

 

[ah_leetw]

No, not the case! This reference rate means it's fixed. Won't get worst, only can get better if rate improved.

To sum up what shareholders will be getting:

1. Special dividend: about 70 odd cents.

2. DPU for two full quarters ( Apr to Sep 18).

3. Pro-rated DPU for final quarter (Oct 18 till deal closed date, which is
expected to be sometime in Dec 18 or earlier).

4. Return of retention sum of about 3.6 cents (after less expenditures which
is capped at not more than 10% of the sum retained). This is provided no
new assets are injected into trust to retain the listing and Trust delisted as
required in about a year's time.

After deal closed, the Trust is given about 6 months to look for news assets. If after 6 months and they are still unable to do so, they will have to start the delisiting procedure. This delisiting has to be completed in 6 months. Hence, the one year time frame.

When is the payout of the Special dividend?

 

[Lkpccl]

When is the payout of the Special dividend?

They are very slow on this! Stated in circular as: Within 30 days upon completion of Deal.

 

[Lkpccl]

Hi

If I am holding at $0.87 per share, is it advisable to buy in more now before rht delist so as to average it down to $0.766 and reduce losses?

It's all depend on how much you are holding. No point, if need to spend huge sum to average down. Think of the opportunity cost.

Special dividend will come in around Jan 19 and the final payment of about 3.6 cents (retained sum), much later.

This is my take. Any expert care to share?