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ParkwayLife Reit    Last:4.14    -0.04

PLife REIT

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TurtleOne
    23-Aug-2007 18:16  
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How come they kept shorting even at the end of the day.... Don't the shortists need to cover back their positions to avoid being naked short? Or they must be real confident the price will drop further....
 
 
xinreng
    23-Aug-2007 17:03  
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The shortist really driving price down from the the IPO price. Just hope will go up soon
 
 
sohguanh
    23-Aug-2007 15:31  
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if they work hard enuff by today we can see $1 mark being reached.
 

 
Pinnacle
    23-Aug-2007 14:28  
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It looks to me like shortist are working very very hard here.

Time Last Volume Buy/Sell
14:26:12 1.220 5,000 Buy Up
14:26:12 1.220 10,000 Buy Up
14:26:10 1.220 25,000 Buy Up
14:26:10 1.220 10,000 Buy Up
14:26:08 1.220 10,000 Buy Up
14:26:08 1.220 5,000 Buy Up
14:26:08 1.220 2,000 Buy Up
14:25:56 1.220 1,000 Buy Up
14:25:54 1.220 272,000 Sell Down
14:25:52 1.220 150,000 Sell Down
14:25:49 1.223 15,000 X
14:25:46 1.220 1,187,000 Sell Down
14:25:44 1.230 5,000 Buy Up
14:25:44 1.220 15,000 Sell Down
14:25:33 1.230 5,000 Buy Up
14:25:32 1.220 1,340,000 Sell Down
14:25:30 1.230 5,000 Buy Up
14:25:26 1.230 2,000 Buy Up
14:25:25 1.230 10,000 Buy Up
14:25:22 1.230 2,000 Buy Up
 
 
Pinnacle
    23-Aug-2007 14:21  
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Parkway Life REIT (real estate investment trust) started trade at S$1.27 in its market debut on Thursday, almost flat compared to the issue price of S$1.28.

The trust said in a statement on Wednesday that the offer was about 13 times subscribed.

Parkway Life, set up by Parkway Holdings , Southeast Asia's biggest healthcare group by market value, raised S$370 million ($242 million) by selling 289 million units in the initial public offering.

The REIT, which is backed by three Singapore hospitals,would be Singapore's second property trust based on hospital assets following the listing in December of First REIT by the Lippo Group, controlled by Indonesia's Riady family.

UBS and Citigroup arranged the deal.
 
 
Pinnacle
    23-Aug-2007 14:11  
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Agreed. Wrong timing.

But also good for us to pick up in cheap...

Parkway group is going to venture into China.

Imagine china population and the super riches there...

I still think this one has potential, just that many people has not taken notice.
 

 
sohguanh
    23-Aug-2007 14:06  
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Open below IPO price. AscendasIndia also now trading below or close to IPO price. Both REITs launched at a bad timing I would say.
 
 
Pinnacle
    23-Aug-2007 13:33  
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Anybody vested here?

This one has potential.

In good time or bad time, people will still get sick.

So this one is not going to be badly affected by market or economic condition.
 
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