Ha! Ha!
No lah!
Any stock can be punted if the market conditions allow it. You can always B/S or S/B or even short/long or any new trading operations if you can think of and recommend to SGX.
(11-10-2013, 05:51 PM)mkmk Wrote: [ -> ]Since SPH REIT owns Paragon, I'll post the SPH in here instead:
http://infopub.sgx.com/Apps?A=COW_Corpor...lfI-lAwq9U
Valuation of Paragon by DTZ on 30th Aug: S$2,618,000,000
That's an increase in valuation of $118mil compared to the last valuation done in Feb 13.
http://infopub.sgx.com/Apps?A=COW_Corpor...lfKmlAwq9U
Valuation of Clementi Mall by DTZ on 30th Aug: S$553,500,000
That's an decrease in valuation of $17mil compared to the last valuation done in Feb 13.
(vested)
The valuation report refers to Paragon freehold tenure while SPH REIT only owns 99 year interest in the real property. So we cannot use this figure for SPH REIT.
(Not Vested)
(11-10-2013, 06:08 PM)Nick Wrote: [ -> ] (11-10-2013, 05:51 PM)mkmk Wrote: [ -> ]Since SPH REIT owns Paragon, I'll post the SPH in here instead:
http://infopub.sgx.com/Apps?A=COW_Corpor...lfI-lAwq9U
Valuation of Paragon by DTZ on 30th Aug: S$2,618,000,000
That's an increase in valuation of $118mil compared to the last valuation done in Feb 13.
http://infopub.sgx.com/Apps?A=COW_Corpor...lfKmlAwq9U
Valuation of Clementi Mall by DTZ on 30th Aug: S$553,500,000
That's an decrease in valuation of $17mil compared to the last valuation done in Feb 13.
(vested)
The valuation report refers to Paragon freehold tenure while SPH REIT only owns 99 year interest in the real property. So we cannot use this figure for SPH REIT.
(Not Vested)
Ah, I didn't know that...thanks.
The result of the SPH REIT...
(not vested)
SPH REIT reports Q2 DPU of 1.39 cents
SINGAPORE - SPH REIT’s manager said on Tuesday that the property trust’s distribution per unit for its fiscal second quarter was 1.39 cents, 4.5 per cent above its forecast when it launched its initial public offering last year.
Distributable income for three months ended Feb 28 amounted to S$34.9 million, the trust manager said, 5.2 per cent above its projection. Gross revenue totalled S$51 million while net property income amounted to S$38.8 million, beating forecasts by 1.4 per cent and 4.6 per cent, respectively, boosted by the steady and resilient performance at both Paragon and Clementi Mall.
Ms Susan Leng, CEO of SPH REIT Management, said: “SPH REIT has delivered another quarter of strong operating and financial performance that exceeded forecasts in 2QFY14. Barring any unforeseen circumstances, the two retail properties are expected to turn in a steady performance.”
SPH REIT has a staggered debt profile with no refinancing requirement till 2016 and weighted average term to maturity of 4.5 years. It registered a gearing level of 26.9 per cent and average cost of debt of 2.33 per cent as at Feb 28.
http://www.todayonline.com/chinaindia/ch...-139-cents
http://www.businesstimes.com.sg/companie...cast-by-61
SPH Reit's Q4 DPU beats IPO forecast by 6.1%
Payout of 1.39 Singapore cents brings full-year distribution to 5.99 cents; annualised yield of 6% based on IPO price
By
Michelle Quahmichquah@sph.com.sg@MichelleQuahBT
BT_20141014_MQSPH14_1317364.jpg SPH Reit owns Paragon and The Clementi Mall. The portfolio was valued at S$3.16 billion as at Aug 31, up 3.4 per cent from the IPO valuation of S$3.05 billion. ST FILE PHOTO
14 Oct5:50 AM
Singapore
SPH Reit, which owns Paragon and The Clementi Mall, reported on Monday distributable income that came in above expectations, as well as continued full tenancy for the two retail malls in its portfolio.
The real estate investment trust, which is majority owned by media
http://www.straitstimes.com/news/busines...l-20141128
SPH Reit will have "right of first refusal" on Seletar Mall
Published on Nov 28, 2014 12:21 PM
The four-storey Seletar Mall, which officially opened on Friday, will house the area's first cinema and aims to cater to young families. -- ST PHOTO: SEAH KWANG PENG
By Chia Yan Min
SINGAPORE - SPH Reit will have the "right of first refusal" when its sponsor decides to divest The Seletar Mall, unitholders at the reit's inaugural annual general meeting on Friday were told.
"When the sponsor decides that it is time for them to divest the property, SPH Reit will evaluate the opportunity...from the reit's perspective, it is important that the mall stabilises, as the reit's objective is to provide unitholders with regular and stable distributions," said Ms Susan Leng, the chief executive officer of SPH Reit Management.
The four-storey mall, which also officially opened on Friday, will house the area's first cinema and aims to cater to young families.
SPH Reit, which made its debut on the Singapore Exchange mainboard on Jul 24 last year, owns two properties - Paragon and Clementi Mall. The AGM on Friday was attended by about 300 unitholders.