K Green Trust

[teerance85]

Fellow Bros,

What do u guys think about K Green Trust?

Cheers =)

 

[Dividends Warrior]

The assets are self-depreciating.......

Vested with 2 lots.....

 

[teerance85]

Hi DW!

Self depreciating huh? Hmmm...

Im thinking of vesting either in K Green or Genting. K Green for investment and Genting for trading.

And now with both the Bird Flu and North Korea scare, not too sure whether i should hold my horses.

Cheers =)

 

[Carnesir]

Dun buy kgreen. I can't say much due to obvious reasons.

 

[fbb005]

Dun buy kgreen. I can't say much due to obvious reasons.

Can PM me the reason?

 

[Paul Lee]

I also say dun buy. Would rather leave my money in the bank to earn the pathetic interest than put my money in it.

But my reason is based on a simple hypothesis: All SGX Business Trusts are doomed to fail. You Buy You Die!

(Not vested)

 

[teerance85]

Thanks Paul, Carensir for the good insights. Will do my due dillegence. Im thinking of adding another Reit into my Portfolio, but im torn in between Starhill Global Reit or averaging up Suntec Reit or trade Genting.

What u guys think? Is there room for starhill Global to grow?

Cheers =)

 

[Dividends Warrior]

Hi DW!

Self depreciating huh? Hmmm...

Im thinking of vesting either in K Green or Genting. K Green for investment and Genting for trading.

And now with both the Bird Flu and North Korea scare, not too sure whether i should hold my horses.

Cheers =)

Advise is dun buy. The assets is only good for 15 years......

 

[doody_]

The assets are self-depreciating.......

Vested with 2 lots.....

Technically, most assets should be depreciating....

 

[Dividends Warrior]

Thanks Paul, Carensir for the good insights. Will do my due dillegence. Im thinking of adding another Reit into my Portfolio, but im torn in between Starhill Global Reit or averaging up Suntec Reit or trade Genting.

What u guys think? Is there room for starhill Global to grow?

Cheers =)

Starhill and Suntec have room for growth......

 

[teerance85]

Thanks DW for your insight.

Bought a few lots of suntec years ago, but didnt have enough funds when there was a collapse around oct 2011, should have loaded more then. But Suntec is so pricey now.

 

[Dividends Warrior]

Thanks DW for your insight.

Bought a few lots of suntec years ago, but didnt have enough funds when there was a collapse around oct 2011, should have loaded more then. But Suntec is so pricey now.

Then u can consider starhill.......

Or MIT......

 

[teerance85]

Thanks DW!

 

[Paul Lee]

Advise is dun buy. The assets is only good for 15 years......

Funny you never take your own (or my) advise.

 

[pokeflute]

Advise is dun buy. The assets is only good for 15 years......

but u r vested... will u be divesting?

 

[Carnesir]

Can PM me the reason?

There was an analytical insight comment on kgt sometime back from an individual. Most of his analytical are correct to a certain extent. Some of the info however are not publicly known. It is not sure where he take these info from. Let me research abit then let u all know

 

[Carnesir]

Take a look at this post. And subsequent comment by a certain Deception.

A Singaporean Stockmarket Investor (ASSI): K-Green Trust: A bad investment?

'Initially NEA wanted to sell away the Tuas South Incineration Plant, however their asking price was too high as it was the youngest among the four at that time. NEA was so happy when this company agreed of S$462 million to acquire their 17 year old rotten plant. Why another $48 million to upgrade SIP? Maybe its Electrostatic Precipitators were not able to keep the emission within the safety requirement? Do you think NEA would be slapping their own face with warning letter as a government agency? Well the much delayed Bag Filter project start to cast the concrete base this year, commission date has yet to be confirm.

KGT has 3 plant assets, 2 of them are losing money and only one had profited in last year report card. Then overall of the 3, KGT managed to squeeze the payout for their investor. If government had employed 3 personnel to operate and maintain one equipment, then KGT would be using one person to operate and maintain 3 equipments. Make a guess either the machine or the human will break down first? The government agencies had history in manage their plant and maybe Keppel trying to buy a shortcut or to prove cost saving? KGT make money when its assets burn waste and treat used water. Wonder if the Trust would hire a fisherman for a operator job or ask a farmer to do welding work?

Ulu Pandan NEWater plant had a death case of their staff in the plant in 2009 and is still pending MOM investigation.

The new incineration plant builded by Keppel in Tuas South was having efficient problem and will be going for modification later. Belgium Seghers sold Keppel an outdated design and the construction of the plant was way over their budget. Basically most of the materials and equipments came from China, some of it were second hand parts, some of them unable to use and became scrap or left in the warehouse.

Keppel approach NEA to appeal they wish to be the one to build and operate the sixth incineration plant, do you think the government would let a company monopoly their market?'

 

[princessreiko]

Thanks all for sharing on K green.
I wanted to buy and have been doing all the research on it.
I searched through the websites, read analyses by S&P and also K green financial report.

 

[fbb005]

How about another trust, CitySpring?

 

[Dividends Warrior]

How about another trust, CitySpring?

Lots of debts, dun touch.....