
nO mOre S$1.20.
It is now Strategic Partner of RWS
Sold at $1.20 last year and have been waiting for it to come down. Obviously I have been disappointed!
here we go again ~ slowly inching n bt surely going higher.
like tis counter. No fast movement, slow n steady ~
worthwhile counter for long term. vested.
SUNTEC iS nOw IR's Strategic Partner
SINGAPORE, March 2 - The benchmark Straits Times Index <.FTSTI> was 0.27 percent higher as of 0810 GMT on Tuesday.
The following stocks were on the move:
Overbought? or juz climbing due to gd news~
** SUNTEC REAL ESTATE INVESTMENT TRUST UP ON NEWSPAPER REPORT
Shares of Suntec Real Estate Invesment Trust <SUNT.SI> climbed as much as 3.9 percent to S$1.33 after the Business Times reported that the trust is planning to buy the Suntec International Convention and Exhibition Centre.
Suntec, which is managed by ARA Asset Management <ARAM.SI>, currently has a 20 percent stake in a private real estate fund that bought the Suntec convention centre for S$235 million last year.
The REIT already owns most of the mall and office space at Suntec City, a complex at the edge of Singapore's central business district which also houses the conventional centre.
"It is a good move because Suntec has a wonderful convention area and a great catchment area," said a local broker.
At around 0810 GMT, shares of Suntec REIT were up 2.3 percent at S$1.32 with over 11 million shares changing hands. ARA was down 1.8 percent at S$1.08 Singapore cents with over half a million shares traded.
looks overbought
nOt related.
Just anOther OppOrtunity tO HUAT.
What has this got to do with suntec?
pharoah88 ( Date: 08-Mar-2010 12:57) Posted:
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HealthWay Medical is fOrming iTS WAVE HEAD
Refer DRsubaru's Analysis at HealthWay Medical nOw
MikeL2009 ( Date: 08-Mar-2010 10:47) Posted:
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I should bang my head for not buying at recent lows of 1.24. Now just bought 20 lots at 1.34. F**K!!
Wow! Imagine 33,000 throng! And the MRT going to Sunctec. Heavenly synergy!
My assessment is this one can definitely match CDL H Trust! Waiting to HUAT!
Good news to Suntec Reits investors.... expect more crowds @ Suntec shopping Mall. Its 20% stake in SSIC hv gone up in value. Mar 7, 2010 |
Church to co-own Suntec
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By Esther Teo |
Amid cheers from the congregation, City Harvest Church (CHC) yesterday announced that it will pay $310 million to become a co-owner of Suntec Singapore, a prime piece of downtown real estate. Senior pastor Kong Hee broke the news first at CHC's service at its Jurong West building, then later at another service at the Singapore Expo in Changi. He said CHC had acquired a 'substantial stake in a consortium company that owns 80 per cent of a joint venture fund that owns Suntec Singapore'. The complex's full name is Suntec Singapore International Convention and Exhibition Centre. The $310 million includes the cost of acquiring shares in the consortium, rental costs, renovation costs and others. Suntec Singapore was acquired by ARA Asset Management through the ARA Harmony Fund last year, with its investors comprising Suntec Reit - which holds 20 per cent - and a consortium company which holds 80 per cent. |
IR opening soon ~ wonder will it be (+) or (-) impact. might be too soon to tell.
hope same as vivo ~ bring up tt business n let tis counter rise higher ~
not going to drop below 1.
there's support. Yar can look at 1.20 onwards. waiting for it to break tt 1.4 again.
now market pretty low. may take some time for it to rise again
not likely will drop to 1.00 below. you may want to monitor from 1.20 onwards.
Tt IR can be a 2 headed snake, may bring business to Suntec or draw it away
bt seem fro its Rent n occupation. It still look not bad. pretty stable.
As for dividend concern people. This REITS is a pretty gd counter to hold. giving out nice dividend. u can checkit out at SGX website. One of tt better dividend-wise counter
WIll definitely be affected by the 2 IR. Wait for price to drop. hopefully below $1. Hahaha....not invested.
Short term wise I don't think this Reit will drop significantly. Healthy NAV and no short term debt, so you might want to hold on to your 15% dividends unless you need the cash for other counters.
is this a good stock to hold for dividends? Seems like the DPU has been increasing and the price i gotten the shares is pretty low at 60 cents