tag:blogger.com,1999:blog-7944902213075756335.post2383272742453419148..comments2024-03-29T10:22:24.187+08:00Comments on A Singaporean Stocks Investor (ASSI): First REIT: 30,900,000 new units.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-7944902213075756335.post-46083158523417874952012-11-22T22:32:50.144+08:002012-11-22T22:32:50.144+08:00Hi Ah John,
For rich people with big orders? No w...Hi Ah John,<br /><br />For rich people with big orders? No wonder I did not get an offer. :(<br /><br />CMT a pirate? Haha.. Why?AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27882564164380131532012-11-22T22:16:30.431+08:002012-11-22T22:16:30.431+08:00CMT also places a private placement, 5% discount. ...CMT also places a private placement, 5% discount. Is it considered as PIRATE? :(<br />For First, I have checked with broker, he said normally for rich people with big order.AhJohnhttps://www.blogger.com/profile/07927395374670213105noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-51953540675124867402012-11-21T23:09:27.762+08:002012-11-21T23:09:27.762+08:00Hi iisterry,
Thanks for sharing this. :)
A full ...Hi iisterry,<br /><br />Thanks for sharing this. :)<br /><br />A full write up for anyone who is interested is also available at The EDGE: <a href="http://www.theedgesingapore.com/the-daily-edge/business/41202-northstar-launches-mandatory-general-offer-for-all-shares-of-neratel-at-49-cents.html" rel="nofollow">Northstar launches mandatory general offer for all shares of NeraTel at 49 cents</a><brAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89587491411194849742012-11-21T22:24:27.903+08:002012-11-21T22:24:27.903+08:00Re: Neratel
It is a mandatory offer. They have th...Re: Neratel<br /><br />It is a mandatory offer. They have the obligation to extend the offer to all shareholders alike.<br /><br />The buyer is a PE fund. I take it to mean that they see value at 49c and is optimistic of doubling or tripling their investment in a few years.<br /><br />Northstar manages around US$1.2 billion so the 50.05% stake in Neratel accounts for roughly 6+% in their iisterryhttps://www.blogger.com/profile/04373533978468989653noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-33876315949313124722012-11-21T22:09:47.996+08:002012-11-21T22:09:47.996+08:00Hi Kim,
Ya, I know how you feel. It is like buyin...Hi Kim,<br /><br />Ya, I know how you feel. It is like buying a very old HDB flat, spending $60k to do it up and 2 years later, the estate goes en bloc! @%#^$&!...<br /><br />Well, I doubt the offer will go down well with most of the shareholders. Let's see how it turns out. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-43437475663425054262012-11-21T17:34:28.409+08:002012-11-21T17:34:28.409+08:00Hi AK
Thanks for sharing your view.
Ya looking at ...Hi AK<br />Thanks for sharing your view.<br />Ya looking at today share price, I got even more confuse. So to say that this offer still have to garnered more than 75% vote from minority shareholders in order to pass through??<br />I really hope the offer will be blocked. Just bought this counter only in hope to collect passive income...who know this offer came by...sianz...some more offer price Kimhttps://www.blogger.com/profile/01177731631862556104noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-2473963686108655572012-11-21T13:59:04.042+08:002012-11-21T13:59:04.042+08:00Hi Kim,
I think the offer will be rejected. It is...Hi Kim,<br /><br />I think the offer will be rejected. It is interesting to see that the shares are trading at 51.5c today despite the offer. <br /><br />It seems that Mr. Market thinks the shares are worth more than 49c. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-72178236944503670882012-11-21T12:53:01.598+08:002012-11-21T12:53:01.598+08:00sounds interesting.. :)sounds interesting.. :)Deliberately Deliberatehttps://www.blogger.com/profile/16915748103867689104noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-22343452048733754992012-11-21T09:25:51.340+08:002012-11-21T09:25:51.340+08:00Derek - with the top up at higher prices, the yiel...Derek - with the top up at higher prices, the yield on cost will reduce BUT the quantum of dividends collected increases. Sure win. SnOOpy168https://www.blogger.com/profile/16073641443037165395noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-80549032700703711932012-11-21T00:32:14.009+08:002012-11-21T00:32:14.009+08:00Hi AK
Know tat u r also holding on to NERATEL shar...Hi AK<br />Know tat u r also holding on to NERATEL shares, bought at price of 40plus cents. Can have your view on their recent offer of $0.49 per share? is it mandatory that shareholder need to sell them back the shares? will u be doing so?? I have bought at a much higher price...definitely don wan sell...getting all confuse...can advise? ThanksKimhttps://www.blogger.com/profile/01177731631862556104noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-90709541590485794792012-11-20T21:03:41.041+08:002012-11-20T21:03:41.041+08:00Hi Howyuan,
You managed to get some cheap? Congra...Hi Howyuan,<br /><br />You managed to get some cheap? Congratulations! :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82919461733401744112012-11-20T21:02:59.519+08:002012-11-20T21:02:59.519+08:00Hi Derek,
Hahaha.. Good question. Time to dig out...Hi Derek,<br /><br />Hahaha.. Good question. Time to dig out your statements and call the brokerage. I am sure you have an assigned broker. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-64488918943098215592012-11-20T20:55:37.204+08:002012-11-20T20:55:37.204+08:00Well i decided to take advantage of the recent plu...Well i decided to take advantage of the recent plunge to top up. Lucky that my queue was filled in the initial hours when the suspension was lifted.<br /><br />Still hope that US screwed up their budget debate so everything can go on sale!Howardhttps://www.blogger.com/profile/09662323373950873973noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-45167860157038284772012-11-20T20:08:36.583+08:002012-11-20T20:08:36.583+08:00Hi AK,
Thanks. Else my next question is how do I ...Hi AK,<br /><br />Thanks. Else my next question is how do I get to talk to my never seen or heard broker. LoL.<br /><br />Cheers!Derekhttps://www.blogger.com/profile/07209385199877338530noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-43491111209817904382012-11-20T19:29:11.643+08:002012-11-20T19:29:11.643+08:00Hi Derek,
Well, I do not think anyone of us would...Hi Derek,<br /><br />Well, I do not think anyone of us would get a bite at the share placement. So, I wouldn't worry about whether to buy into it.<br /><br />At a price of 63c per unit, you have a bullet proof investment. The management has to do something really dumb to hurt you. You are going to be OK. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32680448556192316582012-11-20T19:11:06.798+08:002012-11-20T19:11:06.798+08:00Hi AK,
Would like to hear your views,
I have 10l...Hi AK,<br /><br />Would like to hear your views,<br /><br />I have 10lots of first REIT at an average buy price of $0.630. Do you think it will even make sense to buy the placement? It seems that by doing so, I'm going to reduce my distribution yield.<br /><br />Thanks.<br />DerekDerekhttps://www.blogger.com/profile/07209385199877338530noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-81357721365647588892012-11-20T19:07:53.823+08:002012-11-20T19:07:53.823+08:00Hi Poh Soon,
I am not right all the time. Indeed,...Hi Poh Soon,<br /><br />I am not right all the time. Indeed, if I am wrong and richer for it, I am happy! I am a simple person. ;p<br /><br />I hope you are right and I am wrong. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-84466994689405252172012-11-20T17:31:28.185+08:002012-11-20T17:31:28.185+08:00Refer to the original circular on Oct 23, 2012, Th...Refer to the original circular on Oct 23, 2012, The management seems to expect the the purchased will be able to contribute an additional $1,284,000 of distributable income per quarter.<br /><br />For Q32012, total distributable income is $10,615,000.00.<br /><br />=> Projected distributable income post acquisition: $11,899,250.00<br /><br />=> Projected DPU = $11,899,250.00 / 663,545,000 =Poh Soonhttps://www.blogger.com/profile/13133793415765270549noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-77776574170699767032012-11-20T17:22:35.427+08:002012-11-20T17:22:35.427+08:00Hi INVS 2.0,
Give your broker a call. See if he h...Hi INVS 2.0,<br /><br />Give your broker a call. See if he has access to the private placement. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-18486123883562278952012-11-20T16:36:36.181+08:002012-11-20T16:36:36.181+08:00Hi Ak71,
Any idea how do I buy the new units at ...Hi Ak71, <br /><br />Any idea how do I buy the new units at 0.95c each? INVS 2.0https://www.blogger.com/profile/10262125672812329544noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-83261831992174708372012-11-20T16:15:11.166+08:002012-11-20T16:15:11.166+08:00Hi SnOOpy168,
Well, it is more like a 1 for 20 ri...Hi SnOOpy168,<br /><br />Well, it is more like a 1 for 20 rights issue to raise the same amount of money as the private placement proposed. <br /><br />It might not be popular because of the dilution in DPU but applying for excess rights could help to reduce the dilutive effect. Rights issues allow for this.<br /><br />So, having a war chest ready is definitely an advantage. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-46226965547150924572012-11-20T15:59:41.477+08:002012-11-20T15:59:41.477+08:00Any action like this dilution is bad for us. But i...Any action like this dilution is bad for us. But in hoped that they have a wider base for revenue and therefore our distribution can maintain within that range or grow.<br /><br />Seriously, if this PP is a rights issue at 1 for 5 @ 95c(vs market's $1.15), knowing that the yield is about 6.xx%. Will you chong for it ? <br /><br />Sometimes, I hate the time lag for the Rights issues. Felt likeSnOOpy168https://www.blogger.com/profile/16073641443037165395noreply@blogger.com