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Break $1.60, load up quickly, moving fast! This one can go up everyday once breakup if based on past pattern. Vested $1.56 already, add some more today! 
Newbie here
At 1.5x is this stock overbought ?
ARA Maintain OUTPERFORM by Credit Suisse
Key beneficiary of REIT and funds flows; MBFC acquisition and ADFII to boost its AUM
We expect Suntec REIT’s S$1.5 bn acquisition of MBFC 1 to
boost ARA’s AUM by 10% to S$16.1 bn by end-2010, and raise its
recurring annual fee income by S$7.7 mn from FY11. In addition,
we expect ARA’s 4Q10 earnings to surge 72% YoY to S$24 mn
as it recognises the 1% acquisition fee of S$15 mn upon
completion.
● We expect ADF II to be the next catalyst as investors’ due
diligence is underway and first closing is targeted by 1H11. A
similar fund size (US$1.3 bn) and fee structure as ADF I (1.5% of
committed capital) could boost its annual fee income by 30%
(+S$25 mn). We expect other stock catalysts to be: 1) launch of
more REITs e.g., its S$800 mn Shariah-compliant Doha hospitality
REIT, 2) acquisitions and positive revaluations at its REITs.
● We raise FY10-12E EPS by 10-25% on acquisition fees and as
we expect AUM to grow 50% to S$22 bn by 2012. We raise our
SOTP valuation of ARA to S$1.74 on higher investment values
and earnings. This implies FY11-12E P/E ex. cash of 16-18x,
inexpensive considering its expected CAGR of 13% and global
peers’ 15-20x. With 21% potential upside and 3.3% yield, we
maintain our OUTPERFORM rating.
Make love more, don't make more enemies
Hot stock
ARA Asset Management Ltd (ARA SP, $1.42, NOT RATED) –
ARA is an Asian real estate fund manager with an impressive AUM of S$14.7b. Its fee-based business is unique and scalable, and resulted in three-year earnings CAGR of 47% since its listing in 2007. Earnings catalysts will come from the launch of Asia Dragon Fund II in FY11 and the planned listing of a hospitality REIT with assets in the Middle East .
/KimEng
Sold at 1.58.
I think it is time la ..
Retail real estate sluggish: DTZ
SINGAPORE
Average prime rental rates along Orchard Road and Scotts Road remained unchanged in the third quarter, the firm said.
For the third straight quarter, gross rents of prime first-storey space in the area stayed at $39.70 per square foot per month.
Rents in other areas in the city continued to decline. Prime first storey rents in these areas fell by 0.8 per cent to $24.10 per square foot per month.
Monthly gross rents of prime first-storey retail space in the suburban malls, meanwhile, were unchanged at $33.60 per square foot per month.
DTZ said the new supply of retail space last year led to a competitive environment, which did not support any increase in rentals.
Some 1.3 million sq ft of new retail space became available last year.
Other than the newly-completed and pipeline supply that have put a lid on rentals, the two new integrated resorts also had an impact, DTZ said.
The integrated resorts siphoned off some demand for shopping as more people spend time and money at the casinos instead of at the malls, it noted.
But with a robust economic recovery taking place, DTZ said retail rents should increase gradually next year as the new supply is eventually absorbed.
Someone just bought 266,000 shares at $1.25.
Someone just snapped up 244,000 shares at $1.19 in one go.
tonylim2 ( Date: 27-Sep-2010 15:52) Posted:
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The persistent strong buying in the past weeks seems to signal some big deals hhave been concluded and will be announced soon.
| ARA Asset Management Ltd - by CIMB | ||
| Result note - Recurrent management fee base set to grow larger - by Janice Ding | ||
| (ARA SP / ARAM.SI, OUTPERFORM - Upgraded, S$1.12 - Tgt. S$1.35, Property) | ||
| Results in line; upgrade to Outperform from Trading Buy. 1H10 results met Street and our expectations 1H10 net profit of S$25.2m forms 51% of our FY10 forecast of S$49.9m, and interim dividend of 2.3cts announced forms 46% of our expectation of a full year 5cts payout. EBIT grew 15% yoy boosted mainly by an increase in recurrent management fees. Management targets to launch its Asia Dragon Fund II (ADF II) around 1Q11 but delay the launch of the Silver Fund. We remove our earlier assumptions of management fees from Silver Fund. Our EPS falls by about 1% over FY11-12. Our sum-of-the-parts valuation, based on the market values of its holdings in REIT units; and 18x CY11 earnings from fees is lowered marginally to S$1.35 (from S$1.36). Nonetheless we believe the outlook for ARA looks increasingly positive as the impending launch of the US$1bn ADF II would significantly enlarge its recurrent management fee base. We upgrade our recommendation to Outperform from Trading Buy. |
ARA makes inroad into Australia. http://www.ara-asia.com/Document_Library/newsLetter/22-Jul-1008-07-34_PressRelease-APN-Placement-220710.pdf
Currently trades at 1.14
There has been quite a number of Islamic finance news in the media recently. It could be timely for ARA to launch their Shariah-compliant Reit, which they mentioned would happen in 2nd half 2010.
Current asset under management (AUM) is SGD14.5 bil, up from last year's SGD13.5 bil following the listing of Cache Logistic. The AUM will again increase with this Shariah-compliant Reit .
Now trades at 1.06, with a yield of 4.53%
ARA seems to be trending up nicely, whether the market is moving up or down. It trades at 1.03 today. At current price, it still gives a yield of 4.6%
AGM today, so I buy again at Sgd. 1.15 and 1.16.
gutman ( Date: 21-Apr-2010 11:07) Posted:
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Current asset under management (AUM) is SGD 13.5 bil. The CEO has mentioned somewhere that ARA intends to increase its AUM by 2 bil a year, which I believe is quite possible. ARA managed to increase its AUM by 11% from 12 bil in 2008 to 13.5 bil by end 2009, while net profit increased by 32%.
Yes, it is really a good price to buy, no joke!
gutman ( Date: 20-Apr-2010 11:45) Posted:
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ARA trades at the current price of 1.13. This translates to a price of 0.917 ex-bonus (1 for 5) and ex-dividend (2.5 cts). Since Management has guided that they can maintain the current dividend payout (4.8cts) notwithstanding the increased in shares arising from the bonus issue, this gives a yield of 5.2 %.
this one is too fat
shortist charge ....................................
You should buy again today!
vincentneo ( Date: 18-Apr-2010 18:37) Posted:
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i bought it 1.15 in 2007, now its 1.15