Te YangThis coming december they will announce the status of right issue, i think its share price will drop drastically at that moment.
assajiTe Yang, don't be sour grapes. It is not too late. "As of Oct 03, 2014, the investment analyst covering YTL Hospitality REIT advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Jul 23, 2013. The previous consensus forecast advised investors to purchase equity in YTL Hospitality REIT." http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=YTLREIT:KLS
assajiThe one analyst offering a 12 month price target expects YTL Hospitality REIT share price to rise to 123.00 in the next year from the last price of 1.04. http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=YTLREIT:KLS
BZ888Thanks for the sharing, shall hold on the shares then =)
assajiNo rights issue announced. You are referring to the proposed Placement? This doesn't worry me. They will just ask for another 6 month extension if they can't place out by December at the price they want. And it is very easy to calculate the appropriate price so that it would not reduce yield.