Search Results for: ipo

Perennial China Retail Trust.

Perennial China Retail Trust (PCRT) is focused specifically on shopping malls but with a China focus. Although I am not usually interested in IPOs, I am curious about this one since I have vested interest in CapitaMalls Asia which has a large exposure in China. PCRT has two objectives: 1. Provide unitholders with long-term capital growth from a steady growth in net asset value (NAV). 2. Provide unitholders with regular distributions from the income of its completed and stabilised assets. PCRT will have an initial portfolio which includes: 1. 50% stake in Red Star Macalline Global Home Furniture Lifestyle...

Read More

Wacom Bamboo Fun pen and touch tablet

I got a new tech toy recently – it’s the Wacom Bamboo fun pen and touch tablet. It’s primary function is to serve as an pen and touch input, not unlike a touch screen phone. I’ve been delaying the purchase for a few months, trying to decipher within myself if this is an impulsive buy or something that I really wanted to have. The cost of this is not exactly cheap (retailing at 329 SGD), and with that cost, I could have gotten one of those wifi enabled tablets or even an ipod touch. But I guess I really...

Read More

AIMS AMP Capital Industrial REIT and Sabana REIT.

In life, good and bad things happen. We just have to hope that more good things than bad things happen. If good things happen, we have to know it when we see it and take advantage of them. If bad things happen, we must know to take remedial action and not sink deeper. Easy to say and hard to do? Probably. I believe that a good thing is happening now with Sabana REIT. OK, it is a matter of perspective. For those who bought it at $1.05 a unit at IPO, it might not look good at all. However,...

Read More

Most Popular Posts in April

I have been tracking the most popular articles in each month since the beginning of the year but this is my first write up on it. Just a short commentary which I find rather interesting. The top five articles based on Google Analytics are: Hyflux preference shares Part 1 2,463 page views Mapletree Commercial Trust (MCT) IPO 1,310 page views Hyflux: 6% perpetual Class A preference shares. 1,131page views Hyflux preference shares Part 2 851 page views Hyflux Preference Shares 731 page views Not surprising Hyflux dominated. The traffic in my site surged and so did the authors who...

Read More

SingPost: Will logistics expansion dim its attractiveness as a dividend stock?

SingPost this week announce its 4th quarter and full year results. Not many highlights except that domestic mail continues to decline and SingPost is looking into expanding overseas into more logistics. I shall not go too much into SingPost’s fundamentals, SingPost is one stock with a very stable and easy to understand balance sheet. Readers who want a glance at SingPost financial ratios from IPO till 2011 can view it here > Some highlights: Increase in investments in associated company (100% more) Quarter free cash flow generated: 43 mil vs 65 mil (2010) Quarter dividend payout: 24 mil Full...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

Like us on Facebook

Follow us on Twitter