CapitaCom Trust *Official* (SGX: C61U)

[Layers]

if i buy cct-r (with 0 mothershares), can i subscribe for excess when i am pressing thru ATM?

let's say u buy the rights at 30cents each.

U subscribe 1.363. Total 1.653 each

Must well buy from market

Sent from Sony E6853 using GAGT

 

[LiteHouse]

Pink letter arrived liao. Anyone subscribing to $1.363 rights?

 

[hwsinn]

let's say u buy the rights at 30cents each.

U subscribe 1.363. Total 1.653 each

Must well buy from market

Thanks for the advice but i need to know if i can subscribe for excess rights given that i hold cct-r and no cct shares.

 

[Paul Lee]

if i buy cct-r (with 0 mothershares), can i subscribe for excess when i am pressing thru ATM?

Of cos you can subscribe. I dun think the ATM is smart enough to know if you have the mother share or not. I think they will accept even if you dun even have the rights in the first place.

They will accept your application as long as you have the money in the account.

If you are asking whether you will get any excess allocated to you. Who knows? I dun think many of us here have tried that before.

Why dun you try this round and share with us your findings?

 

[waxqube]

if i buy cct-r (with 0 mothershares), can i subscribe for excess when i am pressing thru ATM?

AFAIK, you can only get excess if you own the mothershares. However I believe they won't stop you from subscribing for it.

 

[hwsinn]

AFAIK, you can only get excess if you own the mothershares. However I believe they won't stop you from subscribing for it.

But will they refund me the money if the excess is rejected? For whatever the reason is?

 

[Minx99]

But will they refund me the money if the excess is rejected? For whatever the reason is?

Why waste time on a futile exercise? If you really like the shares, buy it from the open market when the price is right...

 

[hwsinn]

Why waste time on a futile exercise? If you really like the shares, buy it from the open market when the price is right...

Because if i subscribefor excess,it will be at $1.36 per excess shares ma.

 

[Layers]

Because if i subscribefor excess,it will be at $1.36 per excess shares ma.

I think everyone will abuse if can do that

Sent from Sony E6853 using GAGT

 

[Squaredot]

right issues application closing at 9.30pm tonight.
Faster go press now if u have not done so

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...commercial-trusts-q3-dpu-up-26-at-236-s-cents
Fri, Oct 20, 2017 - 8:04 AM
CapitaLand Commercial Trust's Q3 DPU up 2.6% at 2.36 S cents

CAPITALAND Commercial Trust's (CCT) net property income rose in the third quarter ended Sept 30,2017 compared to the same year-ago period, largely due to lower operating expenses, such as property tax, which saw its distribution per unit (DPU) rise 2.6 per cent to 2.36 Singapore cents.
Distributable income rose 7 per cent to S$73.11 million, from S$68.3 million the year before.
Revenue slipped 0.4 per cent from the year-ago period to S$74.15 million, due to the divestments of One George Street, Golden Shoe carpark and Wilkie Edge.
Net property income grew 2.7 per cent to S$58.56 million, on the back of lower operating expenses such as property tax that offset the lower revenue, the company said.

 

[Minx99]

http://www.businesstimes.com.sg/com...commercial-trusts-q3-dpu-up-26-at-236-s-cents
Fri, Oct 20, 2017 - 8:04 AM
CapitaLand Commercial Trust's Q3 DPU up 2.6% at 2.36 S cents

CAPITALAND Commercial Trust's (CCT) net property income rose in the third quarter ended Sept 30,2017 compared to the same year-ago period, largely due to lower operating expenses, such as property tax, which saw its distribution per unit (DPU) rise 2.6 per cent to 2.36 Singapore cents.
Distributable income rose 7 per cent to S$73.11 million, from S$68.3 million the year before.
Revenue slipped 0.4 per cent from the year-ago period to S$74.15 million, due to the divestments of One George Street, Golden Shoe carpark and Wilkie Edge.
Net property income grew 2.7 per cent to S$58.56 million, on the back of lower operating expenses such as property tax that offset the lower revenue, the company said.

This is what I call a well managed Reit. Sell older, lower yielding buildings in exchange for a brand new shiny one. Even though they sell away 3 properties, the DPU still go up. Unlike some commercial Reit, own mostly new shiny buildings, but manage until the DPU keep rolling downhill. Sell a good yielding asset & replace it with an asset which will only be completed in 2 years time, has water gone into the head of the manager...

 

[Nereid]

Golden shoe carpark not gonna stay old for Long though

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...commercial-trusts-q3-dpu-up-26-at-236-s-cents
UPDATED Fri, Oct 20, 2017 - 10:11 AM
CapitaLand Commercial Trust's Q3 DPU up 2.6% at 2.36 S cents

CAPITALAND Commercial Trust's (CCT) net property income rose in the third quarter ended Sept 30,2017 compared to the same year-ago period, largely due to lower operating expenses, such as property tax, which saw its distribution per unit (DPU) rise 2.6 per cent to 2.36 Singapore cents.
Distributable income rose 7 per cent to S$73.11 million, from S$68.3 million the year before.
The rise was due to stronger performance from CapitaGreen and a S$3.3 million top up for the loss of distributable income arising from the divestments of One George Street and Wilkie Edge.
Revenue slipped 0.4 per cent from the year-ago period to S$74.15 million, due to the divestments of Golden Shoe carpark and Wilkie Edge.
Net property income grew 2.7 per cent to S$58.56 million, on the back of lower operating expenses such as property tax that offset the lower revenue, the trust said.
CCT also stated its aggregate leverage stood at 33.9 per cent, allowing it adequate debt headroom to complete funding for the Asia Square Tower 2 acquisition and the ongoing redevelopment of Golden Shoe Car Park, set for completion in the first half of 2021.
The trust announced a fully underwritten S$700 million renounceable rights issue exercise which closed on Oct 19 , 2017, which partly funded the acquisition of Asia Square Tower 2. The acquisition has a commited occupancy rate of 88.7 per cent as at June this year, and is expected to boost CCT's portfolio valuation from S$8 billion to S$10 billion.
"Asia Square Tower 2 firmly extends CCT's footprint into Marina Bay, resulting in a more resilient, diversified and higher quality asset base, and a stronger tenant mix that augments CCT for long-term growth," said chief executive of CCT's management, Lynette Leong.
CCT also signed about 170,000 sq ft of leases in Q3, of which 30 per cent were new. New and renewed tenants included Gain Capital Singapore, Robert Walters (Singapore), Straits Tankers and Varde Partners Asia.
All lease renewals in 2017 are largely completed, says CCT, and about 10 per cent of leases based on committed office net lettable area (NLA) are due for renewal.
According to data from CBRE Singapore, core CBD occupancy rate eased to 92.5 per cent, while Grade A office rents fell by 3.9 per cent to 91.6 per cent as at Sept 30. Average monthly market rent for Grade A offices rose by 1.7 per cent quarter on quarter to S$9.10 psf in Q3 2017, indicating market rents may have bottomed out, said the real estate services company.
CCT has a portfolio committed occupancy rate at 98.5 per cent as at end-September.

 

[Dividends Warrior]

This is what I call a well managed Reit. Sell older, lower yielding buildings in exchange for a brand new shiny one. Even though they sell away 3 properties, the DPU still go up. Unlike some commercial Reit, own mostly new shiny buildings, but manage until the DPU keep rolling downhill. Sell a good yielding asset & replace it with an asset which will only be completed in 2 years time, has water gone into the head of the manager...

Which REIT are you referring to in the 2nd part?

 

[o0KelviN0o]

SCB has deducted $$$ from account for rights issue (including excess)

 

[Minx99]

Which REIT are you referring to in the 2nd part?

It start with a Capital K...

 

[Yorixz]

It start with a Capital K...

I own both. K reit dpu drop drop drop but share price up up up. Huat ah!! Most undervalued office reit

 

[Squaredot]

I own both. K reit dpu drop drop drop but share price up up up. Huat ah!! Most undervalued office reit

how come like this

 

[winstonoyy]

I suppose you mean over valued?

I own both. K reit dpu drop drop drop but share price up up up. Huat ah!! Most undervalued office reit