do not look at the surface (just 10% yield now)...but the "undervalued" industrial properties it has now (now valued very conservatively)....it will benefit through Singapore GDP recovery (from negative to positive next year)
But....it is a over over leverage company that has taken up too much debt. Can it take another econ shock ?
Just be care.....
victorf ( Date: 23-Dec-2009 10:16) Posted:
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i will buy on every dip....good luck :)
Aiya, it is 20cts to zero loh......somemore window dressing is starting soon....
nickyng ( Date: 23-Dec-2009 09:26) Posted:
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hmm...with the Rights share releasing on 24 or 28 Dec, i think the mkt will be flooded with such issues..hee time for SHORT !??! anyone joining me ?!?! :P
buy and hold now for the next few months is my advice...ironically, we do not buy share when the share price tell (meaning it is already fully valued)....instead, we will need to buy share when the share price does not tell (undervalued)....will need about a few months for it to tell....good luck :)
well...obviously..the share price now DONT TELL a good investment right? :P
victorf ( Date: 21-Dec-2009 10:58) Posted:
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whether time will tell does not matter...the share price will tell (which will matter)...let the MARKET prove it as MARKET is always RIGHT....good luck :)
time will tell....
SGX-ST Announcement1
Use of Proceeds from the AMP Capital Investment and Cornerstone
Investments
Singapore, 18 December 2009 – Further to its announcement made on 30 November 20092,
MacarthurCook Investment Managers (Asia) Limited (the “Manager”), as manager of
MacarthurCook Industrial REIT (“MI-REIT”), is pleased to announce that a further S$8.6 million out
of the gross proceeds of S$62.0 million from the AMP Capital Investment and the Cornerstone
Investments (the “Placements”) has been used to (i) repay JPY 500.0 million (equivalent to S$7.8
million) of the JPY Term Loan and to (ii) fund transaction-related costs of S$0.8 million.
The JPY Term Loan has been fully repaid today with the aforementioned funds from the
Placements as well from the JPY Bridge Loan of JPY 1,000.0 million.
BY ORDER OF THE BOARD
MacarthurCook Investment Managers (Asia) Limited
(Company Registration No. 200615904N)
(as Manager of MacarthurCook Industrial REIT)
I dun yhink now can achieve 10 % yield with the amount of shares
undervalued REIT to buy with expected 10% yield....buy and hold now to leverage on the "cooling" period now and get ready for the next wave up...good luck :)
| 07-Dec-2009 11:35 | MacCookIReit / Halt? What happen |
| at 20 cents, one is definitely getting good value from this counter....industrial building now valued at a discount and will benefit through the GDP recovery in Singapore...yield expected at 10%.....vested at 20 cents (not for contra)......good luck :) |
undervalued counter to buy (vested)...good luck :)
| 07-Dec-2009 11:35 | MacCookIReit / Halt? What happen |
| at 20 cents, one is definitely getting good value from this counter....industrial building now valued at a discount and will benefit through the GDP recovery in Singapore...yield expected at 10%.....vested at 20 cents (not for contra)......good luck :) |
i like this counter too...
at 20 cents, one is definitely getting good value from this counter....industrial building now valued at a discount and will benefit through the GDP recovery in Singapore...yield expected at 10%.....vested at 20 cents (not for contra)......good luck :)
thanks! :)
Jackpot2010 ( Date: 06-Dec-2009 20:15) Posted:
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I think you asking about no2 - still some 11 days away.
1. Trading of rights entitlement (via SGX) ends on Fri 11 Dec 5pm
2. Payment of rights exercise price 15.9c (via ATM) ends on Thurs 17 Dec 9.30pm
win_88 ( Date: 06-Dec-2009 15:11) Posted:
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may i know when is the last day to buy the rights through ATM??? anyone can tell me..tk tk
buy buy... good buy
tk alot..by the way .... we can just sell our rights here ??? i mean through the rights counter...
belgeran ( Date: 03-Dec-2009 16:20) Posted:
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you may buy or sell the rights from today onwards.
there is a counter named MacCookIReit R for rights trading