Alphidius
Great Supremacy Member
- Joined
- Nov 18, 2004
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Hmm, when was this last listed in their portfolio? I took a quick look at their website, and even in the FY2008 results presentation, Ascott Raffles Place is not mentioned.
ascott bery good lah
more upside potential than that horribly overpriced cdlht
Paul Lee said:addict, you remind me of the fellow who complain that the orange is sour cos he could not get any!
Its all about the timing, guys. I got CDL Htrust at IPO and its one of my best performing stocks in my portfolio. I got Ascott only last yr and is looking at some paper loss. But I'm looking to add more and may have missed a recent opportunity to do so. *bumper*
Regardless, Ascott and CDLHTrust are the only 2 hospitality trust listed so they definitely have a place in your portfolio. Both are sufficiently different so you have diversification as opposed to owning both Mapletree and CLT or CMT and Starhill.
Ascott,
I also got,
Ten lots.
The last results day, no dividend was declared.
This time round, they had better make it up with a good one.
Hope it'd be > $377.
Ascott pays distribution on a semi-annually basis but the 1Q distribution of 1.66c was declared with the result. If the maintained 2Q distributions, then we can expect at least 3.32c in total.
Too bad I didn't get it at a lower price, otherwise my yield would have been higher.
Remind me about it!
I comtemplated and recontemplated on getting it when it was 80-something cents... when they declared the last dividend of $377, but eventually got it at 1.16! That was one dumb procrastination!
What was your entry price?
Pls dun ask...
I wanna kill myself everytime I think about it...
Thankfully I entered again at a lower price so cost average it down.
But the average price it's still damn high!!
Hai ya, I thought it would make me feel better finding out that you entered at a higher price than I, mah.
addict, you remind me of the fellow who complain that the orange is sour cos he could not get any!
Its all about the timing, guys. I got CDL Htrust at IPO and its one of my best performing stocks in my portfolio. I got Ascott only last yr and is looking at some paper loss. But I'm looking to add more and may have missed a recent opportunity to do so. *bumper*
Regardless, Ascott and CDLHTrust are the only 2 hospitality trust listed so they definitely have a place in your portfolio. Both are sufficiently different so you have diversification as opposed to owning both Mapletree and CLT or CMT and Starhill.
Wah say!
Suntec yesterday,
Ascott today,
Starhill Monday,
Dividend 3 straights days
I am hoping for a hat trick,
From my 3 S-Reits
Come on, Ascott Reit
Feed my winning streak!
Ascott, chiong ah!
Ascott said:We have completed the refurbishment of the two Singapore properties and have
relaunched them in July amidst a buoyant market. Somerset Grand Cairnhill and
Somerset Liang Court are expected to benefit from the strong demand, with the
renovated apartments enjoying premium rates. We have also embarked on
refurbishments for selected properties in Vietnam and China. Our asset
enhancement initiatives will increase the returns of our portfolio in the long term.