Shares & Derivatives
Dynasty REIT (Preview)
By Mr. IPO  •  October 11, 2012
 
Issuer: Dynasty REIT - first RMB denominated REIT on SGX Sponsor: ARA Asset Management Ltd Issue size: 893,872,000 to 901,292,000 shares Distribution Yield 2013E :7.0% to 7.2% Price range (based on RMB5.115 = SGD1.00) : RMB4.40 (SGD0.86) - RMB4.70 (SGD0.92) Expected Allocation: 24 Oct Expected Listing Date : 30 Oct Preliminary prospectus is here. I received the above from my broker today. It always gives me "bad feeling" when Li Ka-Shing wants to cash out of the market. You can see that he always cash out at the market top. You can see it in Suntec, you can see it in Hutchison Port and you can see it in Hui Xian REIT. Sounds similar to the Ding Xie effect which i was talking about? hahaha Dynasty REIT is established with the investment strategy of investing in income producing assets in PRC that ......
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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One response to “Dynasty REIT (Preview)”

  1. Li Ka-Shing always want to cash out of the market with a high price of his stock. This man is merciless, my opinion. He will squeeze as much as he can out of investors and give
    a high valuation on his stocks for Ipo. I lost a lot of money on HPH
    Ipo @ USD1.01. Today, still licking the wound..
    I totally agree with your comments. Beware before jumping into LKS counter.
    Regards.
    -Tay Beng Swee-

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