Expects occupancy to rise to 92.7% by end-FY12 from 90.9% currently. Says current 38% gearing allows MIT to take on another $265 million of debt to fund expansion before reaching optimal 45% gearing level; “apart from relying on its sponsor for growth, we believe there are other (acquisition) opportunities given that 73.6% of the aggregate single- and multi-user flatted factories and business parks in Singapore are owned by fragmented private owners, owner-occupiers or individual investors.”

MIT'll reach 1.40.
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Note: As @ 14-Dec-2010 MIT close 1.06
1.06 ~ 1.07
When is dividends coming?
Very obvious dat 大鱼s r making those impatient pple 2 throw now.
If 大鱼s r still cnt collect more stocks on hand. They might push dwn MIT till IPO px @ 0.930.
& dan fm there push till 1.40.
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Bon3260 ( Date: 02-Dec-2010 17:38) Posted:
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DBS starts Mapletree Industrial Trust at Buy |
Tags: Mapletree Industrial Trust
WRITTEN BY DOW JONES & CO, INC |
TUESDAY, 07 DECEMBER 2010 10:20 |
DBS Vickers starts Mapletree Industrial Trust (ME8U.SG) at Buy with $1.16 target price. Forecasts 10% DPU CAGR over FY11-13 for Singapore-focused industrial REIT, underpinned by potential for higher rents, occupancy, as current portfolio "under-rented", with average rents 18%-36% below market rates due to existing rental caps which expire June 2011. Expects occupancy to rise to 92.7% by end-FY12 from 90.9% currently. Says current 38% gearing allows MIT to take on another $265 million of debt to fund expansion before reaching optimal 45% gearing level; “apart from relying on its sponsor for growth, we believe there are other (acquisition) opportunities given that 73.6% of the aggregate single- and multi-user flatted factories and business parks in Singapore are owned by fragmented private owners, owner-occupiers or individual investors.” REIT flat at S$1.06. |
Keppfly,
Here's MapletreeInd ley.
Not MapletreeLog...Diff channel...
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keppfly ( Date: 03-Dec-2010 22:03) Posted:
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MapleTree acquires property from JEP
Posted: 03 December 2010 2126 hrs
SINGAPORE: MapleTree Logisitics said it has acquired 44 and 46 Changi South Street 1 for S$16.8 million from JEP Precision Engineering.
JEP Precision Engineering is a local sub-contractor in the aerospace industry, specialising in machining aircraft engine components.
JEP will lease back the property for a period of seven years with an option to extend for a further term of seven years.
MapleTree can also increase rentals by 3.75 per cent at the beginning of years 3, 5 and 7.
The acquisition provides an initial net property yield of 8.7 per cent and the land lease has a balance of 26 years.
Chief Executive Officer of MapleTree Logisitics Trust Management, Richard Lai said that working with JEP will allow the Trust to gain a foothold into the fast-growing aviation and aerospace supply-chain industry.
Mr Lai also added that the Trust believes this sector in the logistics real-estate industry is poised to expand in tandem with the growth of aviation and aerospace businesses.
With the addition of this Property, the Trust said its total portfolio will increase to 95 properties and its total book value will swell to more than S$3.4 billion.
The acquisition is subject to approval by JTC and is expected to be completed by December.
-CNA/ac
Bon3260 ( Date: 03-Dec-2010 17:23) Posted:
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Shit! MIT close 1.07!!!
Buy back 20 lots @ 1.06!!! Loss Broker Fees... : (
SGX | ME8U | MapletreeInd | BUY | 1.060 | 20,000 | 21,200.000 | F | 20,000 | 0 | 03-12-2010 16:33:21 | 03-12-2010 16:33:57 |
Bon3260 ( Date: 03-Dec-2010 10:27) Posted:
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SGX | ME8U | MapletreeInd | SELL | 1.060 | 20,000 | 21,200.000 | F | 20,000 | 0 | 03-12-2010 09:25:00 | 03-12-2010 09:58:59 |
Done liao!
Bon3260 ( Date: 03-Dec-2010 09:29) Posted:
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Earn abit coffee monies... So dat I can go NTUC tmr & buy sm veg...
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goondusamy ( Date: 03-Dec-2010 09:36) Posted:
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Worst trader I have ever seen eh...doubt u understand Risk/Reward ratio eh...(,")
Can see u are desperate to make a name for yourself eh...(,")
Bon3260 ( Date: 03-Dec-2010 09:29) Posted:
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Now queuing shorts 20 lots @ Sell 1.06.
Late aftnoon dan buy back 1.05.
Will cut loss if really rebounce @ 1.07.
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Looks like 大鱼 wants 2 make MIT close @ 1.04 today...
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MIT's chart indicated RSI 13% since 30-Nov-2010 in 3 straight days.
Shd b hving a technical rebounce soon.
If no rebounce, where got fresh bloods pple cm in2 mkt in future...
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MIT close 1.05 today.
1 day 1 day close 0.01 lower. Dwn trend chart.
I'll sell my 0.330 (CPF) 40 lots Meiban Gp & buy MIT if falls below 0.930.
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Thx BBs, if I can buy below 0.930...
Bon3260 ( Date: 02-Dec-2010 13:32) Posted:
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