tag:blogger.com,1999:blog-7944902213075756335.post1304246528272557637..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): Perennial China Retail Trust: Progress in Q3.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7944902213075756335.post-1288122178172313712013-11-07T20:22:22.270+08:002013-11-07T20:22:22.270+08:00We believe the management will be able to fulfil t...We believe the management will be able to fulfil their aim of growing tenant sales, and consequently rental revenue, in time to come. <br /><br />The earn-out fund, which lasts till end 2014, provides the much-needed time for its assets to stabilise. <br /><br />Upon its expiration, the management has not rule out the possibility of monetising completed assets to unlock value.<br /><br />CIMB, 6 AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-8841671493442909462013-11-07T00:27:54.372+08:002013-11-07T00:27:54.372+08:00Hi IzyData,
Indeed so. I asked a question along t...Hi IzyData,<br /><br />Indeed so. I asked a question along those lines when PCRT had its IPO too:<a href="http://singaporeanstocksinvestor.blogspot.sg/2011/05/perennial-china-retail-trust.html" rel="nofollow">Perennial China Retail Trust.</a><br /><br />PCRT is not a REIT per se. A possible positive catalyst could be the monetising of some if its assets. The CEO of the Trust mentioned this in theAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89082166459861530032013-11-06T21:42:17.108+08:002013-11-06T21:42:17.108+08:00Why invest in Perennial at 7% yield when you can i...Why invest in Perennial at 7% yield when you can invest in CRCT at 6.7% yield? I haven't done the nitty gritty research in this area, but it's a jarring contrast.lzyDatahttps://www.blogger.com/profile/15048717550148913082noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-66590688295416884582013-11-06T20:40:44.401+08:002013-11-06T20:40:44.401+08:00Hi Mike,
Oh, I agree. That is what the last two p...Hi Mike,<br /><br />Oh, I agree. That is what the last two paragraphs of this blog post are about although I left the calculations to the readers to figure out since everyone will probably make different assumptions. <br /><br />How you had to make assumptions in your example using Sabana REIT is a good example. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-22218004728836868582013-11-06T17:25:22.727+08:002013-11-06T17:25:22.727+08:00Hi Ak,
When factoring the worst case scenario, on...Hi Ak,<br /><br />When factoring the worst case scenario, one should not just look at the yield. You should look at the capital loss as a result of Mr market requesting a higher yield resulting in a corresponding loss in capital and hence any payout thereafter, will be from you own pockets.<br /><br />e.g. <br />Company A give yield of 8%, has a number of risk factors. If yield become 4%, it Anonymousnoreply@blogger.com