
well...everythg looks good....is another case of MONEY NO ENOUGH !! :P unitholders scare scaare of fund raising again! :P
It surprised me too. I just got a chance to read the article on this from Business Times. I thought the acquisition sounds positive? High occupancy rate, good location and geographical diversification.
Or may be I miss out something? Purchase prices were too high?
tanstg ( Date: 19-Nov-2009 16:49) Posted:
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EVERY TIME THEY RAISE FUNDS
SHAREHOLDERS SHOULD VOTE THEM DOWN
Is yesterday news on YTL so bad that everyone start to throw out this counter? It has dropped 2 cts as of today.
The Reits model favours the sponsor more than small investors. Sponsor can dump their assets to reits when they cannot sell it in open market. This is what YTL (sponsor) did - dump KL properties to Starhill Global Reits. Same thing happen to MacArthurcock Ind Reits & Fortune Reits. Li Ka Shing cannot list reits in HK, but SGX allows him to dump assets here.
ronnie123 ( Date: 19-Nov-2009 12:36) Posted:
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everybody is shunning from this UNWANTED child! hee... :D
ronnie123 ( Date: 19-Nov-2009 12:36) Posted:
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Judging from today's price, the market does not find the acquisition exciting. Down 1.5 cents in fact.
johntanyg ( Date: 18-Nov-2009 19:19) Posted:
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anyone know what is the latest new of this BB?
The company requested for a trading halt this noon. What it wants to tell the whole world?
Updated: 29th July 2009, 1950 hrs |
Starhill Global's Q2 DPU up 6.7% |
Singapore-listed Starhill Global Reit, which owns stakes in Wisma Atria and Ngee Ann City, says its distribution per unit for the second quarter rose 6.7 percent to 1.9 cents, from a year earlier. Net property income for the three months to June climbed 16.4 percent to 27 million dollars. This was mainly due to higher rates achieved for office renewals and new leases in Singapore, as well as higher revenue from its Chengdu property in China. The property trust says occupancy for retail space in both Wisma Atria and Ngee Ann City remained high at around 98 percent in the quarter. Occupancy for office space in the two properties meanwhile were above 90 percent. Starhill says it will continue to concentrate on tenant retention and sustaining the appeal of its retail properties in terms of trade mix and offerings. It adds that managing financing cost remain a key objective. |
hmm..BBs suppressing mothershare lowlow to buy Rights lowlow? hee..... :D
BE CARFUL,
STI CHEONG , HUGE RIGHTS ISSUE ONLY TRADE SAME PRICE WHICH IS COMMON SENSE
BUT WHEN THE TIDE GOES FOR CORRECTION, THESE ARE THE ONE THAT WILL DROP BIG TIME
FRASER COMMERCIAL IS FACING 3 BILLION UNITS - BIG TIME DROP WHEN TIDE CHANGES
THATS WHY ANALYST SAYS GOES FOR THOSE WITH NO DEBT
DON;T HOLD THR BABY AT HIGH PRICE WITH HEAVY RIGHTS
well...never say never...time shall tell :)
wow...FraserComm...cheong siah !! :D
ericten; the purchase price for the right is 35 cts not 39 cts; so if you buy the right now at 13 cts + 35 cts = 48 cts ; cheaper than the mother share now which is at 49.5 cts
ericten ( Date: 26-Jul-2009 20:16) Posted:
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if that is the case, does it mean it is not worthy to purchase the right at 0.39? instead, just buy it from the open market after the right issue date?
1 for 1 is alot - too many shares
price will not go up
hi, i saw the right is register in SGX website, and the price is 0.13. What does this '0.13' mean? i though the offer price for the right is 0.39, but how come the price listed there is 0.13?
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IL1R | 0.130 | +0.130 |
hmm...every mother stocks cheong UP...this burger cheong DOWN ?!??! hmm...dun tell me...BB unseen hands is playing TRICKS again ? ? :P
I still haven't received letter on rights entitlement yet. By when must pay at ATM ? Sigh, so many rights to keep track these days...