hi all, according to the prospectus (30-Aug-2019) for right issue, the NAV on 30-Jun was 1.43, and after rights issue the NAV should be 1.29.
However the NAV (NAPS) shown at i3investor is only 1.02 ?! anyone could kindly explain why the different in the estimate value in prospectus and the current NAV ? thanks
@ciaksai dont think so, if you referring to last quarter EPS, the lower earnings actually due to corp exercise expenses for right issue, which should be one-off only
@idunwork i think the lease ady exist long time already. But seem like ATRIUM havent acquire it, but need some time to complete the whole acquisition.....
RI ody completed & $ oso been raised, definitely d acquisition oso been fulfilled rite. Watelse to expect? QR to b released soon, potential investors r inching up dier stock holdings. Shud xpec some share prc appreciation prior to d div announcement
this atrium can keep forever since all it assets is freehold , management raise 1 billion $ to purchase assets in penang and other places , if everything run smooth , in next 1 to 2 years, the annual dividend per share will be up till 16cents , which translate to 15% yield at current price , hong leong boss is no fool , he know atrium is a low risk&fat return investment
The occupancy rate for the Trust’s portfolio of properties as at 30September2019 is 100%. Barring any unforeseen circumstances, the Manager expects the Trust’s existing portfolio of properties to maintain at 100% occupancy for the remaining period of the financial year.
Lumileds Plant 2 (to be renamed Atrium Bayan Lepas 2)will start contributing positively to the earnings of the Trust in the 4th quarter with the completion of the acquisition on 7 October 2019
"(b). Prospects Atrium USJ-Block B The tenant, CJ Century Logistics Sdn Bhd (“CJ Century”) has informed the Manager that they have changed their plan and will be renewing the tenancy which is expiring on 31 December 2020. The Manager is in the midst of negotiating with CJ Century on the renewal terms. In the meantime, the Manager will continue to market the space through agents pending the finalization of the renewal terms with CJ Century
Atrium Puchong The tenant, FM Global Logistics (M) Sdn Bhd (“FM”), has informed the Manager that they will not be renewing the tenancy which is expiring on 31 January 2021. The Manager has secured a new tenant, Lazada Express (Malaysia) Sdn Bhd (“Lazada”) to take over the whole premises. The new tenancy commenced on 1 October 2020 after FM agreed to early handover the premises to Lazada in phases. The new tenancy is for a tenure of 3 years with option to renew for another 2 years. The occupancy rate for the Trust’s portfolio of properties as at 30 September 2020 was 100% and the
Manager expects the Trust’s portfolio of properties to maintain 100% occupancy for the remaining of the financial year. The Manager expects the Trust’s performance to be sustainable for this financial year with the full year contribution from Atrium Bayan Lepas 2 which was acquired on 7 October 2019, and the positive contribution from the acquisition of Lumileds Plant 1 which was completed on 22 October 2020. "
Does anyone here know how much potential revenue and profit can be generated from lumiled plant 1?
they didn't mention.. but we will only know from next quarter report.. they also didn't mention the tenancy on atrium usj block A, which expired on 31/08/2020.. just wondering Anyone got insider??
可是,我刚刚在google map上搜索了PNB的地址,Lot 7, Persiaran Raja Muda, Seksyen 16, 40200 Shah Alam, Selangor Darul Ehsan,看到类似废弃了的factory。希望我搜错,不然Atrium绝对需要进行翻新工作方能觅得租户。
在27 December 2019发布的收购文告,并没有提及现有租金等等细节,可能是目前废弃了的缘故。
无论如何,目前atrium的NPI yield 为7.5%,而borrowing cost大约为3.85%,若PNB shah alam可以维持7.5% NPI yield,年股息有望增长0.8cent(RM)per unit。
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Posted by lotsamoney > 2019-09-27 12:12 | Report Abuse
Hi everyone, when is the units bought from Atrium rights issue will be in our CDS account?