Post Reply
41-60 of 78
Ya I don't understans why too. There is no announcement on Kreit website either. Wonder why sudden surge, could be one of the following:
An increase in the take up rate for the marina Bay Tower 3 and possible injection into their portfolio
An increase in grade A office rents, which are still abt 50% below their previous high.
They intend to increase their distribution.
icebaby ( Date: 13-May-2013 14:06) Posted:
| Any reason for the sudden jump? Just sold off my loose lots this morning at the opening and just check and saw the jump. :( |
|
Any reason for the sudden jump? Just sold off my loose lots this morning at the opening and just check and saw the jump. :(
.$6.2 per lot only.
no big deal.
.Kep-reit, formerly known as K-reit has broken out last friday.
I check the historical share price (K-reit) , the highest was on 19 nov 2007 at 2.76.
---------------
Singapore’s property trusts, the second-best performers in Asia in the past year, may have to diversify funding sources as they aren’t prepared for an “interest rate shock,” according to Fitch Ratings.
The city’s real estate investment trusts or REITs have been increasing short-term debt with record-low interest rates, according to Johann Kenny, director of corporates at Fitch. They face refinancing risks when borrowing costs rise, and may be pushed to sell assets or shares to boost their funding, he said.
[Link]
Are retail investors eligible for this or are they only for institutional investors? I'm reading the announcements on SGX website but couldn't really determine. Anyone know?
Octavia ( Date: 22-Feb-2013 08:56) Posted:
Keppel REIT is raising S$53.2 million via the placement of 40 million new shares at S$1.33 per share. The net proceeds from the placement will be approximately S$52.3 million, after deducting the underwriting and selling commission and other estimated fees and expenses (including professional fees and expenses). The issue price is a discount of 0.64 per cent to the adjusted volume weighted average price of S$1.3385 per unit on February 21. The bulk of the funds raised will be used to repay outstanding borrowings, general corporate and working capital purposes. The placement will increase total traded unit base by 1.52 per cent.
Separately, parent Keppel Corp announced the sale of 75 million Keppel Reits shares at S$1.33 to raise S$99.75 million. The sale will reduce Keppel Corp's interest in Keppel Reits to 71.66 per cent, from 75.59 per cent prior to sale.
|
|
Keppel REIT is raising S$53.2 million via the placement of 40 million new shares at S$1.33 per share. The net proceeds from the placement will be approximately S$52.3 million, after deducting the underwriting and selling commission and other estimated fees and expenses (including professional fees and expenses). The issue price is a discount of 0.64 per cent to the adjusted volume weighted average price of S$1.3385 per unit on February 21. The bulk of the funds raised will be used to repay outstanding borrowings, general corporate and working capital purposes. The placement will increase total traded unit base by 1.52 per cent.
Separately, parent Keppel Corp announced the sale of 75 million Keppel Reits shares at S$1.33 to raise S$99.75 million. The sale will reduce Keppel Corp's interest in Keppel Reits to 71.66 per cent, from 75.59 per cent prior to sale.
I'm not sifu lah ... I'm just a student
iPunter ( Date: 13-Sep-2012 16:25) Posted:
Ah sifu... that's good... I have much to learn from you too... lol... 
chartreader ( Date: 13-Sep-2012 16:21) Posted:
| Mr iPunter, I really share the same view as you this time round |
|
|
|
As long as every trade can make a couple of clicks will be enough...
But need to be very "
jun" with entry... lol...
cashiertan ( Date: 13-Sep-2012 16:32) Posted:
| well let the price decide my movement. i am happy with few cents profits as you can see from my purchases. the days of big gain of june july is gone. |
|
well let the price decide my movement. i am happy with few cents profits as you can see from my purchases. the days of big gain of june july is gone.
For such abig wedge, I don't think the profit potentialwill be that great even with a beautiful breakout...
cashiertan ( Date: 13-Sep-2012 16:22) Posted:
there will always be pullback. the pullback maybe in intra day chart and not eod chart. of course some counters will not create a nice pullback than it is up to your own gut feeling if you wanna enter or not.
so far alot of counters has pullback after breakout.
this counter not that hot as other reit hence i think it will not be a fierce fierce breakout.
iPunter ( Date: 13-Sep-2012 16:19) Posted:
But if the breakout is fierce, there may not be a nice pull-back,
especially if many shorts are cutting loss at the same time... |
|
|
|
Ah sifu... that's good... I have much to learn from you too... lol...
chartreader ( Date: 13-Sep-2012 16:21) Posted:
Mr iPunter, I really share the same view as you this time round.
iPunter ( Date: 13-Sep-2012 16:13) Posted:
By traditional chart reading, many may think there'll be a big move after breakout...
But personally, I am biased on the down side... But always bet based on your own gut feel...
Don't let my commnets affect your trading... I can be very , very wrong...
|
|
|
|
there will always be pullback. the pullback maybe in intra day chart and not eod chart. of course some counters will not create a nice pullback than it is up to your own gut feeling if you wanna enter or not.
so far alot of counters has pullback after breakout.
this counter not that hot as other reit hence i think it will not be a fierce fierce breakout.
iPunter ( Date: 13-Sep-2012 16:19) Posted:
But if the breakout is fierce, there may not be a nice pull-back,
especially if many shorts are cutting loss at the same time...
cashiertan ( Date: 13-Sep-2012 16:16) Posted:
| anyway forgot to mentioned, breakout doesnt mean must buy. wait for retracement to confirm the breakout before entry. |
|
|
|
Mr iPunter, I really share the same view as you this time round.
iPunter ( Date: 13-Sep-2012 16:13) Posted:
By traditional chart reading, many may think there'll be a big move after breakout...
But personally, I am biased on the down side... But always bet based on your own gut feel...
Don't let my commnets affect your trading... I can be very , very wrong...
cashiertan ( Date: 13-Sep-2012 15:50) Posted:
|
spotted this potential gem, close to breakout very soon. |
|
|
|
But if the breakout is fierce, there may not be a nice pull-back,
especially if many shorts are cutting loss at the same time...
cashiertan ( Date: 13-Sep-2012 16:16) Posted:
| anyway forgot to mentioned, breakout doesnt mean must buy. wait for retracement to confirm the breakout before entry. |
|
anyway forgot to mentioned, breakout doesnt mean must buy. wait for retracement to confirm the breakout before entry.
By traditional chart reading, many may think there'll be a big move after breakout...
But personally, I am biased on the down side... But always bet based on your own gut feel...
Don't let my commnets affect your trading... I can be very , very wrong...
cashiertan ( Date: 13-Sep-2012 15:50) Posted:
|
spotted this potential gem, close to breakout very soon. |
|
spotted this potential gem, close to breakout very soon.
