*Official* MasterLeong Thread - Part 2

[Asphodeli]

The management mentioned in today agm too. A lot ppl asking

haha I predicted it! Source: http://forums.hardwarezone.com.sg/105253119-post5471.html

 

[Genosis]

haha I predicted it! Source: http://forums.hardwarezone.com.sg/105253119-post5471.html

Ya...... I remember this.....good call

 

[Shion]

Saw her today

 

[Shion]

http://www.straitstimes.com/singapore/transport/uber-cars-go-electric-with-new-private-hire-fleet

 

[Layers]

Saw her today

Saw who?

Sent from Sony E6853 using GAGT

 

[Shion]

https://www.fool.sg/2017/01/23/here...in-an-ex-blue-chip-stock-before-it-collapsed/

 

[MasterLeong]

MLT has announced a distribution of 1.87 cents per unit for the period from 1 October 2016 to 31 December 2016 (the “3Q FY16/17 Distribution”).

xd 27 jan

pay on 28 feb

http://www.mapletreelogisticstrust....ses/2017/Jan/MLT_3Q1617 PR_23Jan17_final.ashx

http://www.mapletreelogisticstrust....ouncements/2017/Jan/MLT_3Q1617 PPT_final.ashx

seems pretty well managed, the dpu was maintained

 

[yihao93]

https://www.fool.sg/2017/01/23/here...in-an-ex-blue-chip-stock-before-it-collapsed/

Good article
Quick and dirty matrics to employ when looking at a company

 

[Tornesoul]

for singtel's netlink trust ipo, any chance of special dividend or etc? your thoughts?

http://www.businesstimes.com.sg/sto...er-on-potential-ipo-of-broadband-unit-netlink

http://www.reuters.com/article/us-netlink-trust-ipo-idUSKBN13C1GV

 

[MasterLeong]

tmr M1 results, pray for the best

 

[MasterLeong]

for singtel's netlink trust ipo, any chance of special dividend or etc? your thoughts?

http://www.businesstimes.com.sg/sto...er-on-potential-ipo-of-broadband-unit-netlink

http://www.reuters.com/article/us-netlink-trust-ipo-idUSKBN13C1GV

we already starting shouting singtel so long ago riao lol

I expect good 1 time gains, special dividends

and good recurring income for managing the asset

if it all resolves well, ST easily $4


only worry is a weak market,, say STI below 3000... then hard to get investors to pick up this ipo cause its really huge, scared demand not there

 

[Tornesoul]

we already starting shouting singtel so long ago riao lol

I expect good 1 time gains, special dividends

and good recurring income for managing the asset

if it all resolves well, ST easily $4


only worry is a weak market,, say STI below 3000... then hard to get investors to pick up this ipo cause its really huge, scared demand not there

ur thread too power liao, 1 day 4-5 pages, cannot keep up. my pages is 50 post/page summore haha.

frankly if rly ipo, i think not scared la. all the recent china reit ipo also oversub..... what more singtel subsidiary. all the auntie / uncle sure whack.

sidetrack: couldnt find info on starhub results date, any1 knows?

 

[MasterLeong]

ur thread too power liao, 1 day 4-5 pages, cannot keep up. my pages is 50 post/page summore haha.

frankly if rly ipo, i think not scared la. all the recent china reit ipo also oversub..... what more singtel subsidiary. all the auntie / uncle sure whack.

sidetrack: couldnt find info on starhub results date, any1 knows?

3 feb if i am not wrong

 

[MasterLeong]

this looks really bad



Cache Logistics Trust’s 4Q DPU declines 10.8% to 1.85 cents on lease dispute
By Michelle Zhu / theedgemarkets.com.sg | January 23, 2017 : 7:18 PM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language*▼
SINGAPORE (Jan 23): The trustee-manager of Cache Logistics Trust has declared a distribution per unit (DPU) of 1.85 cents 4Q16, 10.8% lower than its DPU of 2.07 cents a year ago.

For the full year, the trust’s DPU fell 9.1% to 7.73 cents in FY16 from 8.5 cents in FY15.

Net property income (NPI) grew 11.3% to $21.3 million from $19.2 million a year ago.

Gross revenue for grew 13.5% to $27.3 million, mainly due to rental contribution from DHL Supply Chain Advanced Regional Centre (DSC ARC), as well as from its three Australian properties acquired in 4Q15.

This was however offset by lower income received for 51 Alps Avenue, which Cache has accepted a payment of 77 cents per sq ft per month from Schenker Singapore under protest, pending the resolution of court proceedings.

(See also: Cache Logistics accepts DB Schenker’s holding arrangement pending legal resolution)

In relation to the lease at 51 Alps Avenue, Cache’s manager ARA-CWT Trust Management says it will continue to “vigorously defend Cache in the interest of unitholders”, and will provide further updates as and when material developments arise.

As at end Dec, Cache’s portfolio committed occupancy registers at 96.4%, with a portfolio weighted average lease to expiry (WALE) at 3.9 years with 5.3% of the portfolio’s leases due for renewal in FY17.

ARA-CWT Trust Management intends to continue driving long-term sustainable growth through its strategy of “proactive lease management, portfolio rebalancing and prudent capital management”.

Units of Cache closed flat at 81 cents.

 

[MasterLeong]

dpu maintained, still respectable



Frasers Commercial Trust reports 1Q DPU of 2.51 cents; announces AEI for Alexandra Technopark
By Zavier Ong / theedgemarkets.com.sg | January 23, 2017 : 8:21 PM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language*▼
SINGAPORE (Jan 23): Frasers Commercial Trust (FCOT) has declared a distribution per unit (DPU) of 2.51 cents for the 1Q2017, unchanged from a year ago. On a full year basis, the REIT reported a 0.2% dip in DPU to 9.94 cents.

Net property income declined 1% from a year ago to $29.2 million, mainly due to lower occupancy rates for China Square Central and Central Park and higher marketing costs incurred for Central Park. But this was offset by higher income contribution from 357 Collins Street due to higher occupancy rate and higher rental rates, and a stronger Australian dollar in the quarter.

Gross Revenue for the quarter rose 0.1% to $39.7 million.

As at end December 2016, the average portfolio occupancy rate stood at 93.0%. The average occupancy rates of the properties in Singapore and Australia were 92.3% and 93.8%, respectively.

The income-weighted average lease expiry of the portfolio was 3.8 years as end December 2016.

Alexandra Technopark achieved a positive weighted average rental reversion of 8.5% for four new and renewed leases totalling16,700 square feet that commenced in 1QFY17.

In a separate filing, the manager has announced an asset enhancement initiative for the park costing $45 million.

Gearing level of FCOT stood at 36.0% and the weighted average debt maturity was 2.3 years.

Construction works for the development of a hotel and commercial Project at China Square
Central are on track for completion by mid-2019; the hotel will be operated by Frasers Hospitality under the ‘Capri by Fraser’ brand.

Jack Lam, CEO of the Manager, notes that market conditions will remain challenging in the near term but says that the Manager will look to enhance the defensiveness and income stability of the Trust for unit-holders.

Units of FCOT closed 0.5 cent lower at $1.28.

 

[MasterLeong]

Mapletree Logistics Trust declares 3Q DPU of 1.87 cents, unchanged from a year ago
By PC Lee / theedgemarkets.com.sg | January 23, 2017 : 7:40 PM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language*▼
SINGAPORE (Jan 23): The manager of Mapletree Logistics Trust (MLT) has announced a stable Distribution Per Unit (DPU) of 1.87 cents for the 3Q ended Dec 31 2016 and 5.58 cents for the nine months year-to-date, both unchanged from a year ago.

Gross revenue for 3Q grew 7% to $95.5 million from a year ago, while net property income (NPI) rose 8% to $79.9 million.

The growth in revenue and NPI was mainly driven by contributions from acquisitions, asset enhancement/redevelopment projects completed last year and a stronger performance in Hong Kong, partially offset by lower contributions from certain properties in Singapore and South Korea.

The amount distributable to unitholders was $46.8 million, up 1% from the same period last year, while DPU remained unchanged at 1.87 cents due to an enlarged unitholder base.

Similarly, the results for nine months to end Dec were stable compared to the prior year, with an amount distributable to unitholders of $139.5 million and DPU of 5.58 cents.

In its outlook, the manager says the leasing environment remains challenging with continued pressure on occupancy and rental rates, given the uncertain economic outlook.

“Nevertheless, MLT’s diversified portfolio, large tenant base and well-staggered lease expiry profile should provide resilience to the portfolio,” it added.

As at end Dec, MLT’s portfolio comprised 128 properties with a book value of $5.5 billion and a gross floor area of 3.6 million square metres (sqm). Of the 128 properties, 51 are in Singapore, 22 in Japan, 8 in Hong Kong, 15 in Malaysia, 9 in China, 11 in South Korea, 9 in Australia and 3 in Vietnam.

Units of MLT closed flat at $1.06.

 

[homedriver]

Any idea why City Dev chiong recently?

 

[Divvy_newbie]

wow.. only 3 big sponser reit can play
the rest almost gg all...

 

[Aventad0r]

I am waiting for the baby in the womb waiting to be given birth......Peter Lim's 'baby' hehehe!!!

Thomson medical?

 

[Genosis]

Thomson medical?

That's right.....

I got a feeling the market is hungry for a premium brand healthcare IPO for a long time liao.....hehehe

http://www.businesstimes.com.sg/companies-markets/thomson-medical-eyes-spore-listing-in-near-term-0