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21-40 of 88
0.70 , new high of recent years.
Move up with high vol.
strong buying in past days.
RE: Starhill Global Reit
" Toshin, a unit of Takashimaya, leases more than 225,000 sq ft in Ngee Ann City in annual rents to $33.9 million at the last review in 2008 "
33.9/225,000 sq ft/12=S$12.55 . It is too cheap for rental at any part of Ochrad road, let alone retail space in NAC. Believe the rental should be more than S$30.00 per sq ft.
The new lease of this property should bring in more than double of what Starhillis geeting now from the old lease.
33.9/225,000 sq ft/12=S$12.55 . It is too cheap for rental at any part of Ochrad road, let alone retail space in NAC. Believe the rental should be more than S$30.00 per sq ft.
The new lease of this property should bring in more than double of what Starhillis geeting now from the old lease.
Hi All Can tell this result good or not ? don't know how to analyse lah ... please help .. this link can also view in SGX lah..result good ?
Thanks
FIRST QUARTER RESULTS FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
Whitewash - http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1A8A400333E6279C482579EC003CBD2F/$file/StarhillGbl_1Q12Whitewash.pdf?openelement
Presentation - http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1A8A400333E6279C482579EC003CBD2F/$file/StarhillGbl_1Q12Presentation.pdf?openelement
News Release - http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1A8A400333E6279C482579EC003CBD2F/$file/StarhillGbl_1Q12NewsRelease.pdf?openelement
Financials - http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1A8A400333E6279C482579EC003CBD2F/$file/StarhillGbl_1Q12Financials.pdf?openelement
Gearing at 37% or 30% consider high and risky?
I understand the mgmt is comfortable with anything < 40% while the MAS guideline is < 60%
It all depends on the market conditions actually, should there be a financial crisis on the card, everything will be high/risky.
We need to balance return yield-gearing-sponsor...... is Lippo Mall a low risk reits? Think again!
marubozu1688 ( Date: 14-Mar-2012 22:13) Posted:
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If the gearing is too high, the REIT may not be able to get additional loan from the banks for property acquisition. If they can't get the bank loan, they will have to issue rights to finance their acquisition. The share price will be affected immediately when there is issurance of right. No right or wrong, but personally I am avoiding REIT with too high gearing. Not worth the gamble at all (for me).
SupremeA ( Date: 13-Mar-2012 07:35) Posted:
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Actually 37% gearing is not so bad right? A lot of REITS can go up to 40-50% I think.
Suntec looks attractive (Distribution yield and NAV) too but the gearing put me off. The gearing is 37.3% and I am very concerned they will issue rights to lower the gearing. Not worth the gamble because the stock price may go down some more.
http://mystocksinvesting.com/dividend-stock/can-you-spot-undervalue-singapore-reit-for-dividend-investing/
Thats right, this is one of the best valuation retail reits available, but there are a few more to choose from in other sectors. Suntec is another one, its mgmt is paring stake..... a good opportunity to accumulate?
Current valuation looks attractive for Starhill Global.
http://mystocksinvesting.com/singapore-stocks/starhill-global/starhill-global-undervalue-reit-for-dividend-investing/
DATE OF RELEASE OF STARHILL GLOBAL REIT’S FINANCIAL STATEMENTS FOR FOURTH QUARTER AND THE FULL YEAR ENDED 31 DECEMBER 2011
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3FF86FF24E73BFB9482579870015AD13/$file/Announcement-DateReleaseResults120103.pdf?openelement
Can pick up Starhill Global when the stock price close to the support level.
http://mystocksinvesting.com/singapore-stocks/capitacomm/singapore-undervalued-reit-capitacomm-starhill-global-right-time-to-entry/
Can buy this one lah , better than capitaland.
Total Distribution of 1.00 cents per Unit comprising (1) Distribution of Taxable Income of 0.73 cents per unit and (2) Distribution of Capital of 0.27 cents per Unit. CPU Holders are entitled to distributable income of 1.3539 cents per CPU.