General S-REITs Discussion Thread

[Opps-gal]

lippo also distribute

 

[addict951]

FCT private placement of $1.795 - $1.835.

Advance distribution of $22.88 per lot for period 1st April - 9th June

Edit: Payable on 17th July

Just announced ah?
Wah, really going to swalllow that ulu Changi mall?

 

[teerance85]

Just announced ah?
Wah, really going to swalllow that ulu Changi mall?

Yes addict, yesterday announced liao. Uploaded on SGX portal.

 

[quirkyhill]

hi dw! i was reading your blog but i couldn't find a post on how to purchase reits. do you have one or know of a good guide? many thanks!

(tried to pm you but your inbox is full...)

 

[Z070188]

Not just any teller.....

Sure got chio bu teller then you go queue right? Muhahaha.

 

[aceirus]

FHT

Anyone looking to start a position on the FHT IPO? Their gearing is a little bit towards the high side and their portfolio in many countries which will be exposed to different forex risks.



ISSUER: Fraser Hospitality Trust (“FHT”)
SPONSOR: Frasers Centrepoint Limited ("FCL"), to hold 22% of FHT

STRATEGIC PARTNER: TCC Group.TCC Hospitality (an associate of the TCC Group) to hold 43% (pre-greenshoe) or 40% (post-greenshoe)

REIT MANAGER : Frasers Hospitality Asset Management Pte Ltd (a wholly owned subsidiary of the Sponsor)

LISTING : Mainboard of SGX-ST


TOTAL IPO SIZE (before Over-Allotment Option): 415,048,000 Stapled Securities which comprise the following:

Cornerstone Size: 232,949,000 Stapled Securities / S$205.0m (56.1% of Total IPO Size) taken up by 6 cornerstone investors

INDICATIVE PRICE: S$0.88 per Stapled Security

FORECAST DISTRIBUTION YIELD: 7.0% for FY 2015

LEVERAGE (DEBT/ASSETS): · 41.7% at listing
· 40.0% 6 months after listing, due to VAT refund

GROSS PROCEEDS (INCLUDING CORNERSTONES, BASE OFFERING AND OA): S$396.5m

MARKET CAPITALISATION: S$1,043.5m

 

[Dividends101]

Overvalued

Anyone looking to start a position on the FHT IPO? Their gearing is a little bit towards the high side and their portfolio in many countries which will be exposed to different forex risks.



ISSUER: Fraser Hospitality Trust (“FHT”)
SPONSOR: Frasers Centrepoint Limited ("FCL"), to hold 22% of FHT

STRATEGIC PARTNER: TCC Group.TCC Hospitality (an associate of the TCC Group) to hold 43% (pre-greenshoe) or 40% (post-greenshoe)

REIT MANAGER : Frasers Hospitality Asset Management Pte Ltd (a wholly owned subsidiary of the Sponsor)

LISTING : Mainboard of SGX-ST


TOTAL IPO SIZE (before Over-Allotment Option): 415,048,000 Stapled Securities which comprise the following:

Cornerstone Size: 232,949,000 Stapled Securities / S$205.0m (56.1% of Total IPO Size) taken up by 6 cornerstone investors

INDICATIVE PRICE: S$0.88 per Stapled Security

FORECAST DISTRIBUTION YIELD: 7.0% for FY 2015

LEVERAGE (DEBT/ASSETS): · 41.7% at listing
· 40.0% 6 months after listing, due to VAT refund

GROSS PROCEEDS (INCLUDING CORNERSTONES, BASE OFFERING AND OA): S$396.5m

MARKET CAPITALISATION: S$1,043.5m

I think its overvalued la.. no point.. even if you buy, won't get the number of lots you want..

 

[Dividends101]

hi dw! i was reading your blog but i couldn't find a post on how to purchase reits. do you have one or know of a good guide? many thanks!

(tried to pm you but your inbox is full...)

To purchase reits is the same as purchasing any shares.. Open a CDP account first if you don't have one, link it to a brokerage firm of your choice and you can start buying already

 

[Dividends Warrior]

Northpoint City coming in 2018!!!

 

[Keverus]

you like to disturb the tellers right?

 

[Dividends Warrior]

PLife REIT DPU: 2.9 cents

Burst!!!

Record high DPU

 

[Mecisteus]

amazingly low interest rate.

The all-in cost of debt is 1.46% as at 30 June 2014

 

[Mancunian2]

PLife REIT DPU: 2.9 cents

Burst!!!

Record high DPU

even with the bumper dividend, current yield still <5%, am I right?

 

[Mecisteus]

even with the bumper dividend, current yield still <5%, am I right?

current yield will remain low unless its a financial crisis. 5 years down the road, current yield will remain the same. but by then, share price and dpu are probably much much higher.

 

[Dividends Warrior]

current yield will remain low unless its a financial crisis. 5 years down the road, current yield will remain the same. but by then, share price and dpu are probably much much higher.

Yes. DPU steadily increases, but yield remains stable.

Math!!!

 

[tiny]

Yes. DPU steadily increases, but yield remains stable.

Math!!!

In other words, HUAT AH!

 

[Dividends Warrior]

In other words, HUAT AH!

Power of CD!!!

 

[iAmBored]

"stable, backed by a healthy operating environment and manageable refinancing risk."

Thumbs up for Singapore Reits

 

[Milo-Dino]

Huat ahh

Bank my cheque liao... Power of interest!
Power of capital guaranteed

 

[SpinFire]

Huat ahh

Bank my cheque liao... Power of interest!
Power of capital guaranteed

Lol, fixed deposit arh?