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Stocks Market Commentary & Viva Industrial Trust stock
By Singapore Stocks Investing (SSI)  •  November 4, 2013
performance Viva Industrial Trust made its trading debut on the SGX today. I did not apply for the trust due to the reasons I have given in an earlier posting. As I have expected, Viva Industrial Trust IPO met with a lukewarm response, with its stock price closing unchanged at the end of the trading session of its day of debut. Also, Standard & Poor's Ratings Services assigned its 'BB+' long-term corporate credit rating to Viva Industrial Reit. According to the report: "VI-Reit's limited asset diversity with reliance on a single asset--UE Bizhub EAST--exposes it to event risk from competition, which could prevent rental rates from rising to support the valuation of the Reit's assets. The Reit's limited asset scale and low occupancy rates also constrain its business risk profile"
On the top volumes stocks, as usual, Blumont, Asiasons and LionGold continues to be hotly traded by investors, however I ...
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By Singapore Stocks Investing (SSI)
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