Lippo Malls Tr    Last:0.013   -

LippoMapleT

Result out. 0.89cts dividend. Book closure 10 May. Payout 28 May 13

 

Browsed LMIR web page. 1st quarter 2013 results still not released?

Listing      ( Date: 22-Apr-2013 11:02) Posted: Results coming again early May. Watch for dividend and news! Now still reasonably priced with good yield and good parentage! Vested.

 

Results coming again early May. Watch for dividend and news!
Now still reasonably priced with good yield and good parentage!
Vested.

 

DATE OF RELEASE OF FIRST QUARTER 2012 FINANCIAL RESULTS

LMIRT Management Ltd., as Manager of Lippo Malls Indonesia Retail Trust (“LMIRT”) will be

announcing the unaudited financial results of LMIRT for the first quarter ended 31 March 2012 on

30 April 2012, before commencement of trading.

 

Just read the annual report. Looks good but risk is getting high ahead. 

Currency risk (SGD will continue to strengthen, Rupiah will, but not so soon), and what limits the spending power of growing middle class in Indo in year 2012 (really depends on global commodity demand, in my opinion).  

AND Someone should raise concern about  Tsunami  risk in Indonesian Asset, especially those near the coastline, exposed to tsunami wave from Aceh Earthquakes. 

 

 

MEETING SCHEDULE FOR AGM

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4ABFD0E30E0AD484482579D60035C714/$file/Notice_of_AGM.pdf?openelement

 

 

LIPPO MALL starting to move le 0.40/0.405

 

REIT is for long term investment and for dividend play.

LippoMalls is under value. Just need to wait patiently.

http://mystocksinvesting.com/dividend-stock/can-you-spot-undervalue-singapore-reit-for-dividend-investing/

 

 

r u still holding on to yr 39 cts bot lots?

 

market rose like siao for past 2 mths but tis stock still at 39 ish cts now

Moneysense      ( Date: 11-Nov-2011 22:28) Posted: Bought some at 39 cents. Hope to earn some kopi $.

 

Lousy stock leh. Cannot chiong..

 

Bought some at 39 cents. Hope to earn some kopi $.

 

Quote from LMIR circular to sharehold pdf (page 40)

" For the avoidance of doubt , the rights units will not be entitled to particuipate in the distribution of any distributable income accrued by LMIR Trust prior to 1 October 2011( include the distribution period commencing from 1 July 2011 ot 30 September 2011) "

Can someone help to explain what does the above statement mean?

Is the right unit offer to exisitng shareholder who hold on the unit after 1 oct? What if the shareholder decided to sell his unit between 1 oct to 4 nov, will he still entitied the right unit?

Is the previously tumbling price due to the price in of the right unit (dilution of share)?

Or this dilution of share will only take place on 4 Nov (books closure date) Mean there will be Ex Right adjustment on 4 Nov

Please advice.

 

 

Lippo Malls Indonesia Retail Trust has just got back from a shopping trip, picking up a conditional sale and purchase agreement to acquire two retail malls in Indonesia for S$388m. The malls of interest are Pluit Village, a five-level retail mall in Jakarta and Plaza Medan Fair, a four-level retail mall located in Medan.

A 1-for-1 renounceable rights issue at the issue price of S$0.31, a 42.6% discount to the closing price of S$0.54 last Friday has been proposed.

---

rIghts IssUe  at  hAlf-prIce 

cOndemned  In dOwn  mArket

 

 

Suspect may be due to rights issue... just my view.

sklee123      ( Date: 04-Oct-2011 10:50) Posted: how come keep tumbling down.....

 

how come keep tumbling down..... 

 

PROPOSED ACQUISITIONS, RIGHTS ISSUE AND RECEIPT OF APPROVAL IN-PRINCIPLE FOR LISTING OF NEW UNITS   

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_CDB34D013BFC92324825791B0054CAD2/$file/Luna_Launch_Announcement_30_September_2011.pdf?openelement

 

 

LMIRT TO ACQUIRE TWO QUALITY RETAIL MALLS FOR S$388 MILLION PARTIALLY FUNDED BY A 1:1 RIGHTS ISSUE   

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_31BFDE8A4B55165D4825791B00555CB0/$file/Press_Release_Final.pdf?openelement

 

The Board of Directors of LMIRT Management Ltd. (the “Manager”), as Manager of Lippo Malls Indonesia Retail Trust (the “REIT”), wishes to announce that further to the announcement made on 16 September 2011 in relation to the change of name of the REIT and the Manager, the REIT’s trading counter name in respect of the units listed on the Singapore Exchange Securities Trading Limited, will be changed from “LippoMapleT” to “LippoMalls” with effect from 20 September 2011.

 

EXTENSION OF ‘RIGHT TO BUILD’ TITLE   

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_48A59AB1B96C5960482579020011C593/$file/Plaza_Madiun_Title.pdf?openelement

 

 

OCBC Report

http://kfc1973-stock.blogspot.com/2011/06/lmir-trust-favorable-retail-outlook.html