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Take a look at this
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moneyface
Senior |
15-Oct-2007 17:00
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u should be able to get ur dividend as the closing date is 17th. : > |
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jasjasjas
Member |
15-Oct-2007 15:56
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oops bought some at 0.75, not sure if i was too fast :) |
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Applet123
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15-Oct-2007 13:19
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I'm really puzzled. The notice says that the closure date is 17 Oct but today the XD sign has already appeared on the screen. Today is 15 Oct. Will I get dividend if I buy now? |
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moneyface
Senior |
15-Oct-2007 12:31
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Hope this helps on ur dividend thingy 1. NOTICE OF CUMULATIVE DISTRIBUTION BOOKS CLOSURE AND DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN THAT Unitholders of Cambridge Industrial Trust (? October 2007 determine entitlements of holders of units in CIT (? ? Income prior to the date on which new Units (the " Equity Fund Raising (as defined in the circular dated 6 September 2007 (the " manager of CIT (the ? Distribution comprise the distributable income for the period from the day that the New Units are issued to 31 December 2007. Quarterly distributions will resume thereafter. Unitholders whose securities accounts with The Central Depository (Pte) Limited are credited with Units as at the Cumulative Distribution Books Closure Date will be entitled to the Cumulative Distribution (which is currently expected to be paid on or about the Transfer Books and Register ofCIT?) will be closed at 5.00 p.m. on 17(the ?Cumulative Distribution Books Closure Date?) toUnits? and the holders of Units,Unitholders?) to CIT?s distribution of taxable income (the "Distributable") for the period from 1 July 2007 to and including the day immediatelyNew Units") are issued under theCircular") issued by Cambridge Industrial Trust Management Limited, asManager?), to Unitholders) (the ?Cumulative?)1. The next distribution following the Cumulative Distribution will7 November 2007).( the period from 1 July 2007 to and including the day immediately prior to the date on which the New Units are issued pursuant to the Equity Fund Raising instead of the original scheduled period from 1 July 2007 to 30 September 2007. 1) Please see the Circular for further details about the Cumulative Distribution, including the rationale for it being in respect of |
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Applet123
Member |
15-Oct-2007 12:07
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It seem like the share has XD aalready. Does it mean that if i buy now, I will not get any dividend? CIT is offerring more shares to other investors at a cost of 70 cents only. This is 10% below the current share price. Will this cause the share to plunge? |
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TradeChancellor
Veteran |
15-Oct-2007 09:18
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Oops my mistake, i looked at the price before market opening. Got a shock. Yep, I'm buying this becuase of its good dividend as well as its not overly risky as income is from rentals. |
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moneyface
Senior |
15-Oct-2007 09:00
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they just had a annoucement about they strong support for their offering. and a more than 5cents dividend for the finacial yr ending dec 2008. |
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TradeChancellor
Veteran |
15-Oct-2007 08:52
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It seems today it might open at a low of 50cents, could it be due to the issue of new units that diluted the value? |
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TonyOng76
Member |
14-Oct-2007 22:18
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Don't think one can go wrong with REITs. Yield is definitely interesting at current price levels. But buying seems like trying to catch a falling knife as it is not apparent where the bottom is. Maybe better to wait until some sense of stability is restored? |
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jasjasjas
Member |
14-Oct-2007 16:32
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hmm.... good time to buy ? yield 7% |
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moneyface
Senior |
13-Oct-2007 23:41
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hope this helps. got it from their announcements on 12 oct 2. CLARIFICATION ON THE STATUS OF THE NEW UNITS TO BE ISSUED PURSUANT TO THE GLOBAL OFFERING ANNOUNCED ON 2 OCTOBER 2007 Further to the announcement made by the Manager on 2 October 2007 in relation to the launch of the Global Offering (as defined therein), the Board wishes to highlight that the New Units will, upon issue, rank the Units in issue on the day immediately prior to the date on which the New Units are issued, which is expected to be on or around 18 October 2007, including the right to any distributions which may be paid for the period from the day the New Units are issued to 31 December 2007 (and not 30 September 2007 as announced on 2 October 2007) as well as all distributions thereafter. BY ORDER OF THE BOARD Cambridge Industrial Trust Management Limited (Company Registration No: 200512084G) As Manager of Cambridge Industrial Trust Shirley Lim Company Secretary pari passu in all respects withSingapore, 3 October 2007 In relation to the initial public offering by Cambridge Industrial Trust Management Limited, as manager of Cambridge Industrial Trust, of units in Cambridge Industrial Trust, ABN AMRO Rothschild and CLSA Merchant Bankers Limited acted as the Joint Global Co-ordinators and Joint Financial Advisers and ABN AMRO Rothschild and CLSA Singapore Pte Ltd acted as the Joint Lead Underwriters and Bookrunners. |
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trymyluck
Senior |
13-Oct-2007 07:35
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there is mention in the SGX website of some units being distributed to existing Share holders? are we getting some Bonus shares or do we need to pay for the new Shares anyone care to explain how this private placement will affect existing Share holders? curious to know if the price will shoot up back to 85 cents or will it stay in 70 cents range for some time. |
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KiLrOy
Master |
12-Oct-2007 21:14
Yells: "I buy only what I can see." |
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Share placement battled this counter today. ReIT investors ! Get your strategy thinking cap on. *wink* |
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TradeChancellor
Veteran |
25-Sep-2007 23:09
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3ED9805A43BB69F64825736100460F05/$file/EGM_Press_Release_250907.pdf?openelement The above announcement of approval for issuing extra units (proceeds will be used for further acquisition) will likely to increase the DPU, which is quite attractive. However, can anyone comment on how it may affect the share price? |
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KiLrOy
Master |
25-Jul-2007 21:33
Yells: "I buy only what I can see." |
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Walk the talk is one thing, just pray they dont anyhow buy. Acquistion overpriced also dunno, buy just to reach their target. Frankly this is what I feared most in REIT counters. We never know the true valuation of these acquired properties and its ROI. |
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sohguanh
Veteran |
24-Jul-2007 11:30
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CIT acquire another 3 more industrial buildings!!!! Their rate of acquisition is frightening!!! I believe this mad rush to acquire more industrial buildings is in preparation to compete with JTC REIT which is scheduled to be launched in 2008? They are hoping to secure more assets before JTC REIT get listed and get the lion share of the market! Now I believe JTC has lotsa of industrial buildings under their charge so the initial portfolio will be awesome! Any comments anyone? |
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TradeChancellor
Veteran |
12-Jul-2007 14:19
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Thanks rogue trader, for your advice. Yup, sohguanh, i realized that $2 is being deducted, but didn't realize its every quaterly ;-). My agent bank is DBS, I wonder if during the "holding time" before agent bank DBS transfers the money back to CPF-OA (about 6weeks at least i think), will CPF take that time into consideration when paying me annual interest? |
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sohguanh
Veteran |
12-Jul-2007 14:03
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TradeChancellor: u are aware by using cpf-oa to invest u incur additional quarterly $2 fees per counter do you? |
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rogue_trader
Master |
12-Jul-2007 08:57
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TradeChancellor, if you had vested in this counter using your CPF-OA, then the dividends will first, be credited into your CPFIS-OA agent bank (DBS, OCBC or UOB).. Then if there are no more transactions with your CPFIS-OA account (for a certain period of time), then the dividends will be credited back into your CPFOA account. Hope this helps. |
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TradeChancellor
Veteran |
11-Jul-2007 20:36
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I vested 12 lots with my CPF. Will the dividends be paid to my bank account or to CPF? |
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