|Last Price ||Today's Change || Day's Range || Trading Volume |
|1.17 || -0.01 (0.85%) || 1.17 - 1.18 || 603,700 |
|Market Cap: || 1,994 Million |
|NOSH: || 1,704 Million |
|P/E | EY: || -3,567.33 | -0.03% |
|DY | Payout %: || 5.45% | - % |
|NAPS | P/NAPS: || 1.1305 | 1.03 |
|Avg Volume (4 weeks):||575,960|
|4 Weeks Range:||1.16 - 1.20|
|52 Weeks Range:||1.05 - 1.26|
|Average Price Target: || 1.38 |
|Price Target Upside/Downside: || +0.21 |
leecuteguy anyone please explain, why private placement the price will go down ????
MirageHotelPD http://klse.i3investor.com/servlets/cube/leecuteguy.jsp Grab the opportunity to invest with low price when is still available
MirageHotelPD http://klse.i3investor.com/servlets/cube/ak2899.jsp PP normally offer to wealthy account with the appointed Marchant banker to issue pp.
MirageHotelPD http://klse.i3investor.com/servlets/cube/ilovereit.jsp Msia Reits getting expensive, I had disposed most of them but still remain Mqreit and YTL REITS where the cash flow still stable and good. if you like Reits, perhaps should starts look at Spore Reits where currently are on superb sales due to recession, some with very stable income still offering 6-9.5% yields and NTA 15%-35% undervalued. Like Voted Best Asia REIT in 2015 Ascott REIT , SGD 1.14 DPU >0.08, NTA 1.32. SABANA (high yields, and improve stabilize revenue) SGD 0.45 DPU 0.048 NTA 0.81, SUNTEC (occupancy 98%)1.645 DPU 0.105 NTA 2.10......
sonicleong hope tomoro continue upppppp
MirageHotelPD Today's advances indicate selling pressure for those who subscribed Private placement maybe over, and the price getting normalise.Perhaps the soon to announce balance DPU maybe good,
cclow41 MirageHotelPD, how to buy Spore REIT? What account to use?
cclow41 May I know why the YTL REIT net profit -ve?
kuihmoi -ve because of the Australian dollar denominated loan for Australia property , Use Spore margin account to buy reit at 2.8% only and reit yield of 6 to 8 %
DroidnPlay Hi MirageHotelPD,may i know where do you normally grab infos on SReits? I find it hard to gather info on SG stocks vs MY, as we have alot of bloggers and forums, plus some good apps like KLSEScreener. TIA.
MirageHotelPD to trade Spore reits, either you sign a consent letter with your existing broking house to trade Sreits. Terms & conditions varies from one to another. Commission can be from 0.27% to 0.6%. Some offer online and some don't. Or go to Spore to open an account to trade, commission is cheaper, varies from 0.1% to 0.27%.
Log in to share investor.com,
this is example of Ascott, 2015 top reit in Asia. DPU around 8.2-8.4 cents or 7.3% yearly. Very similar to YTL REIT but better potential.
This is Suntec REIT, similar to Sunreit but higher yields around 6%, DPU SGD 0.1
This is Sabana, similar to Atrium Reit, DPU approximately 9.6% and potentially move up to 12% after 3 properties acquisition complete in June 2017.
The best thing is, Spore offer tax free for individuals investors, whether local or foreigners
MirageHotelPD For those more advantageous, Spore margin financing also relatively much lower. With good relationship with bank, you can get around 2.8% interest per annum or even lower if your vol is big, short term loan with auto roll over of 1.25-2.15% per annum. Normal leverage for relatively big reit counter like Ascott is 60 to 70%. With 50% leverage, you can get 7.3% + 4.2%= 11.5% tax free return. Worth to explore while Spore market still superb cheap.
MirageHotelPD Only different between Mreits and Sreits is, the price for Spore are very much more volatile due to higher liquidity. From past history, counter like Suntec price range from SGD 0.60+ to SGD 2. But the DPU still very steadily increase. During last recession in 2008, Suntec price was SGD 0.68 and the DPU was around SGD 0.09.
cclow41 MirageHotelPD, thank you for the informative knowledge :)
cclow41 What's wrong with Sabana reit? 2015 share price at $0.9, now only $0.35.
MirageHotelPD Sabana used to performed very well, due to economy down turn, DPU drop from 2.2 cents per quater to last quarter only 1.2cents. Mainly due to Sabana reit is shariah compliance reit, a lot of restrictions plus slow demand in the market. The DPU has drop consecutively for the last 6 quarters, i.e. 1.8 cents to last quarter 1.2 cents. DPU drops are basically due to rental revise downwards to retain tenants plus 20% assets not renting out. Why I think it is good now!
Basically, I believe the rental are stabilise, in November 2016, a 1 year vacant warehouse also successfully divested with 10% profit on book. 3 new tenancies sign in same month. so, the DPU is expected to improve in the coming quarter. But, why the share price still drop sharply!
This is due to last month, Sabana REIT announced 3 acquisition of new assets which requires to issue right issue of 42% at price of 0.258 (42 right for every 100 units)or 80 million capital to buy cash as the company gearing is too high plus bad rating to get cheap finance. During share performance is bad. A lot of unit holders will get out when you call pay up more capital. From the agreements signed for 3 acquisitions, with effect from mid 2017, all 3 are rental guaranteed for 3 years to 10 years with around 6-10% rental base on purchase price. So, I believe at price of 0.34-0.35, the DPU will be around 0.033 or 9%+, in 3rd quarter 2017 onwards when the income from the 3 acquisitions are in. The DPU could be 12-13% base on price of 0.35. The best thing is, current price is about 40% cheaper than NTA.
Win188 MirageHotelPD...what do you think abt YTLREIT in 2017? what NTA for YTLREIT? Thanks
MirageHotelPD Recent ration of PP is about 28% of total capital at RM1.06. If the valuation of the properties remain the same like Nov 2016. The NTA after PP will be around RM1.36.
Jay it's already announced the latest NAV is 1.378
Yippy68 YTL FAMALY OWN 70 % WILL THEY SEE THE SHIP SINK
ejtic Sui! Bought 1.06 last month, now 1.16. Happy new yr!
ripthatoff @ejtic good for you man good for you.
DroidnPlay Can consider Maybank KE, their prefunded account only charge $10 min brokerage.
Parttimer huattt ah... 1.20 broken convincingly... Time to aim for its fair value which is around 1.30+
kuihmoi will be testing 1.26 all time high again soon . Huat Ah !!!!!
ejtic Confirmed YTL Corp acquired a hotel chain of U.K. yesterday as announced. Soon it would be added into this REIT.
ejtic What a sterling results! Excellent job!
Felix Cheong How excellent? Dividen lesser n lesser
yefeng waiting at below rm1.00
ejtic 2.264 DPS is the 2nd highest declared Q dividend since listed in Bursa. Pls refer to its website for details released yesterday.
MirageHotelPD as expected The last 17 days income of 2nd quarter records 0.3459 translate to about 7.43 before withholding tax. This is equivalent to about 5.6-5.8% yields after withdholding tax if base on yesterday closing price of 1.19, which is still the highest yields among Msian Reits. NTA after dilution increase to 1.3857 which means Australia assets have appreciated mia lh due to A$ at 3.42+ now. Current gearing now reduce to around 40% from high of 55%. This allow the company to have additional low interest borrowing when its has new target acquisitions in mind.
Maybe, Majestic Hotels are next in mind...
armadasaxon 0.00035 dividend?..means if i buy at 1000 shares at 1.17,i only get rm3.50?
MirageHotelPD is 0.003459, cash flow for 17 days start 15th Dec - 31st Dec .
wei007 should be 0.0031327. You need to less the 10% tax. You'll get RM3.1327 instead.
armadasaxon how come this quater give rm3.1327 , but the share price never dive oh?
3311 MirageHotelPD, I bought Ascott Singapore reit at 1.13 last year.suddenly it drop so much since yesterday.Any bad news for the Ascott reit?
kuihmoi ascott reit plan a rights issue
MirageHotelPD 3311, Ascott announces 482 million Right issue at 0.919. 29 Rights for every 100 units. The fund raised is for Ascott Orchard Singapore , AOS (381m) and balance to purchase 2 properties in Germany. The expected return (Ebitda) for AOS is around 4.5% and for German property is 5.4-5.6%. The expected reduce in income is more than the discount given (Right issue price of 0.919). Therefore, forecast DPU for 2017 may reduce to S$0.072 and after transaction complete S$0.0743 which is lower than S$0.0827 now.
To take note here is, The right issue only for eligible CDP account holders, which mean you must have a Singapore address where they can inform you by mail in 3 days. That means either you have personal account in Spore with Spore address or with Nominees account in Singapore (if you but Ascott from Securities firm in Msia then you should have the right issue). So, check with you dealer, whether you have right issue for Ascott. Here are the important dates to remember. 17th March is the first trading day of the right , 27th March is the last day. 31st March 5pm is the last date for acceptance Right issue application. if your acccount is with Msian securities company. Decide early to subscribe. or even can buy more cause the DPU still yeilds 7% if the price is 1.06 after Ex. Most of Msia Reits now are less than 6% and majority are less than 5%. One plus point for this exercise is , the fix income has increase from 42% to 46%. the German and AOS are also good asssts which will appreciate.
If you are into Spore Reits, I mentioned earlier, Sabana Reit is hugely under value. I bought in January at S$0.35, today close at S$0.46. DPU per quarter S$0.0088, which will increase to around S$0.01 around 3rd quarter. current NTA S$0.66
MirageHotelPD Temasek is the indirect major owner of Ascott and the major owner is 100% own subsidiary of Temasek. Ascott was voted best reit in Asia in 2015. So, nothing bad news but just rights issue will dilute DPU for now.
ILoveReit Still buying this stock for long term ^^
Hope i can retire in future because of this stock ~