Search Results for: ipo

Sabana Q1 2011 Quarterly Earnings Report

Sabana Q1 2011 Quarterly Earnings Report: Press Release Financial Statements Presentation Slides Key Points DPU of 3.04 cents for the period from 26 November 2010 to 31 March 2011. Annualised DPU of 8.81 cents exceeds forecast by 2.1 %. Net Property Income of S$23.0 million is in line with IPO forecast. Sabana on track to deliver the forecast DPU as announced in its IPO Prospectus. As at...

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Sabana Shari’ah Industrial REIT Q1 Results–Met Expectations

Sabana REIT, the world’s first Shari’ah compliant REIT reported its maiden results Current share price: 94 cents Annualized DPU: 8.81 cents Dividend Yield: 9.3% DPU for last 5 months: 3.04 cents Assets:892 mil Cash:41 mil Debts:215mil Debt/Asset:24% Qtr Income:22.9 mil Qtr Net Operating Cash flow:53 mil (includes 31 mil in Payable increase!) Qtr Capex on existing properties: 0 mil Qtr Free Cash flow:53 mil (22 mil if minus the payable increase) Qtr Interest Expense paid:2 mil Qtr Distribution to share holders: Not known. No past results. PTB: 0.93 times Lease Expiry Profile: 3.5 years Land Lease Term: 40.9 years...

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Starhill Global Q1 2011 Quarterly Earnings Report

Starhill Global Q1 2011 Quarterly Earnings Report: Press Release Whitewash Presentation Slides Financial Statements Key Points 1Q 2011 DPU of 1.07 cents achieved, a 12.6% increase over 1Q 2010 and the highest quarterly DPU (post-rights issue) ever since IPO. On an annualised basis, the latest distribution represents a yield of 7.00% based on closing unit price of S$0.62 on...

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MapletreeInd Q1 2011 Quarterly Earnings Report

MapletreeInd Q1 2011 Quarterly Earnings Report: Press Release  Financial Statements Presentation Slides Key Points Distribution per Unit (“DPU”) of 1.93 cents, higher than IPO Forecast (“Forecast”) by 9.7% for the Fourth Quarter Financial Year 2010 from 1 January 2011 to 31 March 2011 (“4Q FY2010”). DPU for the period from Listing Date of 21 October 2010 to 31 March 2011 exceeds Forecast...

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Apple 2Q FY2011 result blows away forecasts

Apple today announced their 2nd quarter financial result for fiscal 2011. Below are some quick numbers : Revenue – $24.67 billion (83% increase y-o-y) Profit – $5.99 billion (95% increase y-o-y) EPS – $6.40 per diluted share Gross margin – 41.4% International sale accounted for 59% Sale of Apple products : Macs – 3.76 mil (28% increase y-o-y) iPods – 9.02 mil (17% decline y-o-y) iPhones – 18.65 mil (A WHOOPING 113% increase y-o-y) iPads – 4.69 mil Apple shares were up 3.5% after-hours. It should be opening around $353 today. The official press release from Apple can be...

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March 2011 Portfolio Update

Having liquidated my lone S chip- Dapai International with reasons here, my Long Term holdings now consist of only 5 stocks: Stock Bought Buy Price MIT $0.930 Sabana $1.050 First REIT $0.700 ST Engineering Poh Tiong Choon Log 0.48 Comments: MIT: At my buy price, 93c at IPO, gives close to an 8% yield + 12% capital gain at closing price of $1.05. Not divesting because: Reasonably high yield at my price and peace of mind from a strong parent. Even as CIT, First, Sabana and AIMSAMPIREIT give almost 10% yield at their price, I’m willing to accept a...

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Mapletree Investments Unit Lodges Preliminary Prospectus for Mapletree Commercial Trust

Mapletree Investments Unit Lodges Preliminary Prospectus for Mapletree Commercial Trust: Press Release Author’s Note Mapletree Commercial Trust was supposed to go for IPO in March but has delayed it due to the earthquake in Japan. It is now going ahead with the IPO in April. The preliminary prospectus is now available at the MAS Opera website. Click the “Latest” link under the category...

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Hyflux secured 25-year Water Purchase Agreement!

On 06/April, Singapore shares end higher Wednesday as bullish traders ignore the China’s latest interest rate hike. STI ended higher at 3170.33 (0.7%) with HIGH VOL of 1.65 billion shares traded compared with 1.3 billion shares Tuesday. In the broader market, gainers outnumbered losers 337 to 161. Today STI continue to show signs of weakness on its rally although the buying pressure seems to rise for mid/small cap. Headline in STI Before market close Mapletree Commercial Trust has set a price range for its IPO at S$0.84 to S$0.91 per unit that could rise about S$1 billion. PUB, Singapore’s...

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Lessons from the Japan Quake

Two weeks have passed since the Japan quake and there are conflicting reports to the nuclear situation. In one day, we can have 1,000 times the normal amount of radiation before being told it was a mistake in the calculation. We hear about optimism in getting the situation under control followed by news that the situation is grave. We are assured that even though higher than normal radiation is found in some food sources, we will have to take in X amount of times before there are serious effects. This is like telling me that this is poisonous but...

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Keppel Corp Won Rig Contract Worth US$210 Mln!

On 15/Mar, Singapore shares end lower Tuesday as Japan’s nuclear crisis worsened after two more blasts and a fire at an atomic power plant. STI ended lower at 2946.08 (2.8%) with HIGH VOL of 2.22 billion shares traded compared with 977 million shares Monday. In the broader market, losers outnumbered gainers 669 to 66.  Today the news of nuclear crisis triggered investors to sell on fear as they dump riskier assets and go for safety. Headline in STI Before market close Singapore Exchange Ltd.’s (S68.SG) US$8.3 billion takeover of ASX Ltd. (ASX.AU) faces intense parliamentary scrutiny due to unequal...

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Divest CapitaMallAsia to Ho Bee

Divest CapitaMallAsia to Ho Bee just recently. Made a small loss as my average price is 1.85. Believe the future capital gains of Ho Bee will offset and reap in better rewards. Initially I was optimistic on CapitaMallAsia prospect, given that they had plans to expand in China and that the price was trading below IPO of 2.12. On hindsight, I could have sold at $2 for minor gains when the price shoot up. Though we understand the retail market in China has untapped potential especially the inner cities (consider the demographics, income and expenditure patterns of the mid-to...

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Kingway Brewery: Confirm Major Shareholder To Sell 21.37% Stake!

On 11/Mar, Singapore shares end lower Friday as Beijing reported higher-than-expected inflation data and followed by powerful earthquake in Japan. STI ended lower at 3043.49 (1%) with LOW VOL of 1.3 billion shares traded compared with 997 million shares Thursday. In the broader market, losers outnumbered gainers 423 to 84.  Today STI under go massive selling pressure though the trading volume is low due to school holiday. Headline in STI Before market close Swiber Holdings Ltd. (AK3.SG) has won a pipeline contract in South Asia worth US$125 million. CapitaMall Trust (C38U.SG) has priced a S$250 million convertible bond issue...

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