CityDev    Last:4.95    -0.04

CDL Hospitality REIT

Hi tabbykat,

Wow... that's quite a heavy investment you made. Anyway, I think you made a gain rite?

The trend for this stock is a little unclear but if I were to hazard a guess, I think it may be on a gradual downtrend. The RSI and Chaikin are just starting to turn down. The trend may be clearer in a few days time.

One thing about stocks that are > $5 is that the movement can be pretty sluggish and usually long term value investors would probably be playing in this space.

 

Hi Singaporegal,

Vested 5000 shares at 9.30.

Thank you for your interest.

Will appreciate your views in this counter.

 

hi tabbykat,

Can I ask, how much are you invested into this stock and at what price?

 

Hi Singaporegal, teeth53, Nostradamus and other TA gurus,



Have been getting impatient on my holding of CityDev.

Thought of selling it and reinvest elsewhere.

Is it a good idea?

Thanks

 

this one may be uptrending slightly soon.

 

City Dev is not selling their office, despite being offered $200 million more than Suntec previously offered. This shows  good management and good for investors.

 

Just wondering Macquarie invest in Lebenon or not!!.

 

jessie,

Macquarie Infrastructure Fund..........they invest in various  infrastructure projects including airport carparks, highway tolls, oil tank farms, retirement homes.....etc

Look up info on the Co on SGX website. Today price holding firm.

Sorry, on my earlier thread, the annualised 1st year yield calcs has a typo error....shld be 8.88% x 12 mths/4.5mths = 19.4%

 

 

MacqIntInfra

 

What is the full company's name for  MIIF ? What industry is it in ? 

 

Consider MIIF......Fri closing at 89.5cts. FY 06 DPU - 3.95cts for period ending 30 Jun and 4.00cts for 31 Dec. Total 7.95cts. Both DPU tranches not yet XD.

Based on Fri closing price, DPU yield is 8.88% but...but ...but get this....on an annulised basis...assume bought at 89.5cts on Mon 17 Jul, DPU yield is 19.4% .(8.88% x 4.5 mth left for 06/12 mths)

So, for year 1 of your investment, your yield is 19.4%.

 

Cambridge Industrial Trust, the latest industrial REIT, has launched its initial public offering at S$0.68 per unit.

At S$0.68 per unit, the annualised distribution yield for the forecast period 2006 is 7.71%.

This is the highest yield offered among Singapore-listed REITs. Another 'hot cake' coming on the way......

 

Hi, there are other choice if you dun like CDL REIT. Have you heard about Cambridge REIT?  

 

CDL Hospitality Trusts (CHT) is a stapled group comprising CDL Hospitality Reit (H-Reit) and CDL Hospitality Business Trust (HBT). HBT is dormant until it should expand into other activities on its own such as project management and asset acquisitions.



CHT expects to pay 2.65 cents for 6 mths to Dec '06, thereby yielding 6.37% on an annualized basis at 83 cents, and 5.55 cents in '07 to yield 6.69%.



The initial yield of 6.37% is quite attractive, as it's higher than the 5.6% yield of Ascott Residences Trust (ART) at $1.09.



CHT offers exposure to a sector that is in the midst of a multi-year recovery, and especially heading into 2009/2010, when the 2 IRs are completed. STB has also projected a doubling of tourist arrivals to 15 m by 2015.



However, unlike ART, CHT will not benefit fully from this, being constrained by the Master Lessee agreement with Millennium & Copthorne (M&C), the sponsor of the reit. Based on '05 numbers, CHT would have benefitted < 40% of the recovery in room rates. There're no such constraints on ART.



Also, in the area of growth through acquisitions, CHT doesn't enjoy ART's right of first refusal over its parent Ascott Holdings' portfolio of serviced residences.



While HBT's potential involvement in Sands Marina IR can't be ruled out, given the strong relations between City Dev and LA SAnds, this will not materialize for a while, even if it were to turn out to be the case.

 

Dear Guru



Just wondering why City Devt  is droping to $8.7  thought that  being consultant to   IR at  Marina South  will boost  their share movements...

maybe  market sentiments since STI index  dropped  -30.points.

 

From my personal viewpoint.  Avoid REIT IPO.  Look at the recent REIT IPO - PST (-5), Fraser (+1), MMP (-5) n so on.  PST advertised yield at 9%.  When challenged by Dr Money,  the Co has not replied despite repeated request to seek explanaion. Based on Dr Money calc, the yield is half of 9%!

Yesterday, DBS recommend buy for PST when it was 40.5.  Now is 39.5.  Worse than before the recommendation.

So beware of what is stated in the PROSPECTUS.

 

Hmm.... Tot of waiting for it to lauch, and let it drop till abt 0.78 or 0.8 then vest in...

Just like Thai Bev...

From the prospectous, seems like CDL HT is quite promising...

My 2c worth...

 

With softer mkt look like is another REIT tobe on par with it recent REIT IPO.

 

may i know how many ppl in sharejunction subscribe for this CDL HT?

I thought that the hotel industry in 2006 is very gd? there are all the IMF meeting la.. this meeting n that meeting... many meetings that are making the hotels in singapore fully booked in 06.

any comments?

 

Support it IPO, but have to lose 1st $25/- to $40/- commission. It for the very big boys to vest.