Shares & Derivatives
My "Strategy" for Netlink Trust IPO
By Mr. IPO  •  July 16, 2017
I gave a one chilli rating for Netlink NBN Trust IPO this week. The write up is here.

Business Trusts haven't done as well as REITs in general in Singapore????  - probably because Business Trust started on a wrong foot and left a bad taste on investors. The first business trust to be listed was First Ship Least Trust and that left a very sour taste on investors as evidenced by the -19% since listing (ouch! see table compiled by Edge below). 


The Edge compiled a list of Business Trusts performance and those that performed well are "real-estate" linked like Croesus and Viva Industrial Trust as well as perhaps, Hospitality and Healthcare Assets. One of the worst performing was Hutchison Port (you just can't bet against LKS!). 

What can you actually glean from the above table? 

Assets that perform well have earnings that are more predictable ...
...
Read the full article
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 ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

1 Comments

One response to “My "Strategy" for Netlink Trust IPO”

  1. audrey toh says:

    The info compiled by the Edge is not exactly correct. Keppel Infra IPO in June 2010 and not Feb 2007. I remembered because I was the team leader in this IPO

Leave a Reply

Your email address will not be published.

Read More Articles
More from thefinance
%d bloggers like this: