Lendlease REIT

[xersion]

https://www.financialmtc.com/2019/09/18/lendlease-global-commercial-trust-management-ipo/

Sent from Samsung SM-G965F using GAGT

 

[Paul Lee]

Paul. Are u pressing?

Like I replied earlier , I'm still sitting on the fence. I usually wait for the final prospectus to be released before deciding.

In any case, you should make your own decision based on your investment objective and risk appetite.

Dun blindly press just because I (or anyone else) is pressing. I'm not always correct with my investment decision

 

[articland05]

this one gonna hoot big big

 

[Merg91]

Yes no yes no yes no yes no yes!

 

[CaptainTeo]

Yes no yes no yes no yes no yes!

Just hoot la. 5.8 return. Sure many people wack

 

[Paul Lee]

Just hoot la. 5.8 return. Sure many people wack

I dun think that the projected yield should be the only consideration on the buy decision matrix.

Sure 5.8% is decent but surely the more critical factor is whether the REIT will hold its IPO price.

What the use of getting 5.8% or 6% if the unit price goes down 10% shortly after its listing.

Just look at Eagle trust. What was it's projected yield? 8.2% right? Better than Landlease so why was the IPO undersubscribed and the current price down >16% at 65.5c?

If you had look at Eagle Trust face sheet and just 'hoot', I doubt you will be very happy with your decision now.

 

[compro_1975]

When they distribute the dividends? Need something to fill up 2 months of dividendless month

 

[addict951]

Anybuttie know this reit every quarter got CD or only once every 6 mths?

 

[CaptainTeo]

I dun think that the projected yield should be the only consideration on the buy decision matrix.

Sure 5.8% is decent but surely the more critical factor is whether the REIT will hold its IPO price.

What the use of getting 5.8% or 6% if the unit price goes down 10% shortly after its listing.

Just look at Eagle trust. What was it's projected yield? 8.2% right? Better than Landlease so why was the IPO undersubscribed and the current price down >16% at 65.5c?

If you had look at Eagle Trust face sheet and just 'hoot', I doubt you will be very happy with your decision now.

The people see 313 and many cornerstone investors. This ipo should be over subscribed. If ipo price drop, yield increase too.

Spoke to few uncles. All pressing

 

[Paul Lee]

When they distribute the dividends? Need something to fill up 2 months of dividendless month

It's much more than 2 months.

First distribution for the period from the Listing Date to 31 December 2019 to be paid on or before 31 March 2020.

Anybuttie know this reit every quarter got CD or only once every 6 mths?

Semi-annual.

 

[JustTrade]

The people see 313 and many cornerstone investors. This ipo should be over subscribed. If ipo price drop, yield increase too.

Spoke to few uncles. All pressing

Fair share of people on both side of the camps.

 

[Paul Lee]

The people see 313 and many cornerstone investors. This ipo should be over subscribed. If ipo price drop, yield increase too.

Spoke to few uncles. All pressing

Eagle also has many cornerstone investors. And that did not help it stop the rot.

So in the case of IPO, it's not the number but the quality of the cornerstone investors that is more important.

If you asked me, I rather have unit price appreciation with a lower yield, than a lower unit price with a higher yield.

APPT is yielding 30+%. HPH, AGT all yield 8+%. Personally, I rather go MBS or RWS than invest in them.

 

[Perisher]

Eagle also has many cornerstone investors. And that did not help it stop the rot.

So in the case of IPO, it's not the number but the quality of the cornerstone investors that is more important.

If you asked me, I rather have unit price appreciation with a lower yield, than a lower unit price with a higher yield.

APPT is yielding 30+%. HPH, AGT all yield 8+%. Personally, I rather go MBS or RWS than invest in them.

Actually, simply avoiding those top yielding stocks would do the general public a whole lot of good. Take out the top 5-10% yielding stocks, take out the bottom 20%, study those in between and look for gems.

 

[addict951]

Actually, simply avoiding those top yielding stocks would do the general public a whole lot of good. Take out the top 5-10% yielding stocks, take out the bottom 20%, study those in between and look for gems.

And follow my rule: only buy branded reits + ESR (hi Paul) + AIMS.

If only Crapland take over 313, I sure chiong to ATM & press.

 

[Paul Lee]

And follow my rule: only buy branded reits + ESR (hi Paul) + AIMS.

IMHO, Landlease (even though no track record in REIT management) is more 'branded' than ESR and AIMS.

 

[Tartar Sauce]

fsmone can subscribe to this ipo?

 

[intime]

my posb app show lendlease liao.
anyone putting money now or waiting for last day...

 

[Kirakun83]

my posb app show lendlease liao.
anyone putting money now or waiting for last day...

I also waiting last day.

 

[pylpoh]

security name is "Lreit" right?

 

[appl888]

IMHO, Landlease (even though no track record in REIT management) is more 'branded' than ESR and AIMS.

Nah
Listen to addict 951