K Green Trust

[Dividends Warrior]

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

Only 2 lots......not divesting in the near term.

 

[Dividends Warrior]

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

Sometimes, my itchy fingers dun listen to my brain......wad to do.......

 

[Paul Lee]

Sometimes, my itchy fingers dun listen to my brain......wad to do.......

Next time when you get itchy again, think about how you start. Why did you choose Suntec over K-REIT? Or CMT/FCT over Starhill? You know the answers but ignore them when you put your money into KGT and HPH. Why?

The reasons are probably the same reasons why everyone else is jumping on Starhub, SPH and the REITs bandwagon. You became a yield ***** and forget (mostly) about everything else.

I would probably also suggest that your initial success with your picks (IMO while you did your homework, you were also lucky to get on before the rest of the hordes) and all the glowing compliments and remarks you received and your legions of blog fans has also contributed somewhat.

No offence intended. Just my opinions. You are of cos free to disagree with me.

 

[princessreiko]

How about another trust, CitySpring?

If I have to choose between the 2, I will choose K green.
K green no debt.

 

[Dividends Warrior]

Next time when you get itchy again, think about how you start. Why did you choose Suntec over K-REIT? Or CMT/FCT over Starhill? You know the answers but ignore them when you put your money into KGT and HPH. Why?

The reasons are probably the same reasons why everyone else is jumping on Starhub, SPH and the REITs bandwagon. You became a yield ***** and forget (mostly) about everything else.

I would probably also suggest that your initial success with your picks (IMO while you did your homework, you were also lucky to get on before the rest of the hordes) and all the glowing compliments and remarks you received and your legions of blog fans has also contributed somewhat.

No offence intended. Just my opinions. You are of cos free to disagree with me.

No offense taken......

Well, it is all about calculated risk......

Will the NEWater facility shut down tmr in a water-scare country like Singapore? Will the power stations shut shut down tmr? Probably not. And I can get 7% yield over 15 years or more......

If a person is buying his very first stock, I will not recommend KGT. But I already have a good dividend portfolio that allow me to take a little more risk. After all, I only have 2 lots.

If I am a complete yield ***** like u said, I would have sold everything and just buy KGT and HPH. I will prefer to call them my mini 'yield boosters'.

But it is always nice to hear ur opinions. Keeps me honest......

Cheers!

 

[knightdreamer]

hi paul, can share your view? wanted to vest this stock also

 

[Dividends Warrior]

hi paul, can share your view? wanted to vest this stock also

He oredi shared so obviously......

 

[knightdreamer]

He oredi shared so obviously......

ha if you mean his previous post

"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!"


don't quite understand?

 

[bhalimking]

If you look at the history, business trust tend to underperform since it first launch the IPO price. Trusts businesses are depreciating in nature.

Once you understand the structure between Trusts and Reits or other blue chip company, then you will know why it tends to underperform.

 

[Carnage]

Next time when you get itchy again, think about how you start. Why did you choose Suntec over K-REIT? Or CMT/FCT over Starhill? You know the answers but ignore them when you put your money into KGT and HPH. Why?

The reasons are probably the same reasons why everyone else is jumping on Starhub, SPH and the REITs bandwagon. You became a yield ***** and forget (mostly) about everything else.

I would probably also suggest that your initial success with your picks (IMO while you did your homework, you were also lucky to get on before the rest of the hordes) and all the glowing compliments and remarks you received and your legions of blog fans has also contributed somewhat.

No offence intended. Just my opinions. You are of cos free to disagree with me.

Starhill Global is a business trust? Since when?

Or am I reading Paul's post wrongly?

 

[bhalimking]

Starhill Global is a business trust? Since when?

Or am I reading Paul's post wrongly?

What Paul means is that CMT/FCT has probably stronger pipeline/parents or quality of assets over Starhill.

Or vice versa of course.

 

[princessreiko]

I agree with DW.
We need newater n electricity.
I am tempted to buy for the dividend.
However I fear that if I did not buy at the right price then the dividend may not cover the capital loss.
That's why I am thinking so hard.

 

[Carnage]

There has been enough empirical proof that business trust don't succeed when they are listed locally.

Religare, Indiabulls, Cityspring, Perennial China, Hutchison Ports Holdings are all trading below IPO. I think that's scary enough to warn any investor off.

 

[knightdreamer]

Thanks guys for your advice

 

[Paul Lee]

Starhill Global is a business trust? Since when?

Or am I reading Paul's post wrongly?

Yes, you're reading it wrongly. Of cos Starhill is not a business trust.

When I compared DW's decision to buy CMT/FCT over Starhill, I wasn't alluding to a REIT vs Business Trust decision; but rather one in which the REIT's fundamentals, the quality of the assets, the performance of the REIT manager etc were the basis for his buy decision - and not just yields. Becos if IIRC, Starhill's yields was probably higher than CMT/FCT when DW buy.

 

[Paul Lee]

ha if you mean his previous post

don't quite understand?

Think bhalimking has partly explained my bias view on business trusts.

If you look at the history, business trust tend to underperform since it first launch the IPO price. Trusts businesses are depreciating in nature.

Once you understand the structure between Trusts and Reits or other blue chip company, then you will know why it tends to underperform.

Well, not all business trusts are duds and not all REITs are gold either.

So at the end of the day, we still have to do our homework; but given the chronic underperforming nature of business trust in general, I feel fairly confident about my general broad-stroke hypothesis.

 

[Dividends Wizard]

There has been enough empirical proof that business trust don't succeed when they are listed locally.

Religare, Indiabulls, Cityspring, Perennial China, Hutchison Ports Holdings are all trading below IPO. I think that's scary enough to warn any investor off.

Religare Health Trust IPO = $0.90 , its now $0.93

 

[Carnage]

Religare Health Trust IPO = $0.90 , its now $0.93

OMG, you mean this submarine actually managed to float above water again?

Let's see how long it lasts this time round.

IIRC, they went above IPO price before as well (not right after IPO, it tanked upon debut). I can't remember when, but still not feeling confident of the board.

 

[The_Davis]

vested once in k-green. not any more

 

[princessreiko]

K-Green Trust EPU down 8.9%

K-Green Trust EPU down 8.9%

K-Green Trust posted an earnings per unit (EPU) of 0.51 cents, signifying a 8.9 per cent contraction from the previous EPU of 0.56 cents.

This stems from a net profit of $3.2 million for its first quarter ended March 31, a decrease of 8.6 per cent from $3.5 million in Q1 FY2012.

Net asset value per unit as at that date was $1.01.

Cash generated from operations was $10 million for the quarter, a 14.5 per cent decrease from last year's $11.7 million.

Group revenue was $17 million; excluding construction revenue arising from the flue-gas treatment upgrade following its completion, revenue for 1Q 2013 improved by $0.5 million, representing a 3 per cent increase over that in 1Q 2012.

K-Green Trust Shares closed down 0.5 cents at $1.12.