tag:blogger.com,1999:blog-7944902213075756335.post6558276253424904378..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): Perennial Real Estate Holdings (PREH): A nibble?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-7944902213075756335.post-43344405155151839922016-11-10T23:02:09.075+08:002016-11-10T23:02:09.075+08:00Hi Kevin,
Thanks for the update.
The CEO obviou...Hi Kevin,<br /><br />Thanks for the update. <br /><br />The CEO obviously is very confident of PREH's prospects and is eating his own pudding!<br /><br />Like my investment in OUE Limited, for example, I hope that the value in PREH will be unlocked for shareholders in due course.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-70359477802137940052016-11-10T21:42:09.155+08:002016-11-10T21:42:09.155+08:00Hi AK,
CEO Pua Seck Guan just bought 100K ordinar...Hi AK,<br /><br />CEO Pua Seck Guan just bought 100K ordinary shares from the stock market at S$0.84438 per piece today. ;)<br /><br />http://infopub.sgx.com/FileOpen/_Form%201%20PSG%20final.ashx?App=Announcement&FileID=428759Kevinhttps://www.blogger.com/profile/16280702711941276740noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-83420833215130628982016-03-26T14:11:01.209+08:002016-03-26T14:11:01.209+08:00Perennial Real Estate Holdings is acquiring a 20 p...Perennial Real Estate Holdings is acquiring a 20 per cent stake in Aidigong, a Chinese maternal and child health management company.<br /><br />The integrated real estate and healthcare company says it aims to expand its healthcare services in China to ride on growth opportunities from China's new two-child policy.<br /><br />Perennial will acquire its shares from existing Aidigong wwwMisterBooncomhttps://www.blogger.com/profile/09225738973411980673noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-41229751762043756802015-10-13T10:32:14.923+08:002015-10-13T10:32:14.923+08:00Hi Rebel and Fooz,
Please see latest blog post on...Hi Rebel and Fooz,<br /><br />Please see latest blog post on PREH's bond offer. Freshly baked. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-797454373842834482015-10-13T09:58:21.745+08:002015-10-13T09:58:21.745+08:00what do you guys think of the latest 3yr bond offe...what do you guys think of the latest 3yr bond offering? <br />yield is so-so, but tenor is short. <br />seems quite ok for a bit of diversification, since it is capital guaranteed (i think?)..foolish chameleonhttps://www.blogger.com/profile/05964116916697053495noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-65869335055845381102015-10-13T08:18:02.449+08:002015-10-13T08:18:02.449+08:00So Mr AK71, Are you applying for the 4.65% bond?So Mr AK71, Are you applying for the 4.65% bond?Rebelhttps://www.blogger.com/profile/13699200497110968796noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89089375012119906272015-10-12T13:39:06.493+08:002015-10-12T13:39:06.493+08:00Perennial Real Estate Holdings is offering for sub...<i>Perennial Real Estate Holdings is offering for subscription S$150 million of three-year retail bonds which carry a fixed rate of 4.65 per cent per annum.<br /><br />The public offer will open for subscription at 9am on Tuesday and will close at 9am on Oct 21. The retail bonds are expected to be issued on Oct 23 and are expected to commence trading on Oct 26.</i><br /><br />Source:<br />http://AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-51683545216510090142015-08-21T14:25:08.461+08:002015-08-21T14:25:08.461+08:00Local developer Perennial Real Estate Holdings is ...<i>Local developer Perennial Real Estate Holdings is making its foray into Africa through a joint venture deal with Shangri-La Asia to develop an integrated mixed-use complex in Ghana worth more than US$250 million (S$352 million).<br /><br />In a statement on Friday (Aug 21), Perennial said it will acquire a 55 per cent stake in a 49,874 square metre (sqm) site from Shangri-La Asia for S$21.3 AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53265761708831968982015-08-19T00:49:29.844+08:002015-08-19T00:49:29.844+08:00In addition to rental income from the newly-opened...<i> In addition to rental income from the newly-opened Capitol Piazza (80% leased), TripleOne Somerset has received planning approval for its planned AEIs, including increasing its retail footprint and utilising up to 32,000sf of GFA for medical suites. There are also plans to strata sell one of its office blocks. <br /><br />For AXA Tower, planning permit has been received to increase the AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16535603438315861692015-08-05T10:29:49.602+08:002015-08-05T10:29:49.602+08:00Local property group Perennial Real Estate Holding...<i>Local property group Perennial Real Estate Holdings said on Tuesday (Aug 4) it has received planning permits for proposed enhancement works at TripleOne Somerset and AXA Tower.<br /><br />The plans for TripleOne Somerset, a predominantly-office cum retail development off Orchard Road, include increasing the retail area and converting up to 32,000 square feet of gross floor area into medical AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-14507259928764823902015-07-16T07:46:36.229+08:002015-07-16T07:46:36.229+08:00The old Capitol Theatre has just reopened, after a...<i>The old Capitol Theatre has just reopened, after a billion-dollar facelift. Along with a retail mall, the development will also include residences and a hotel. Owners of Capitol said they are adopting a strategy of bringing in new-to-market brands, as tenants, to complement its theatre and lifestyle offerings.<br /><br />Japanese apparel retailer, 45r, is among the new names open for business AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71887394664854199822015-07-03T12:49:11.306+08:002015-07-03T12:49:11.306+08:00Perennial Real Estate Holdings: It has entered int...<i>Perennial Real Estate Holdings: It has entered into a 40:60 joint venture (JV) with China's private healthcare operator Guangdong Boai Medical Group Co to acquire, develop and manage healthcare services business in China. Guangdong Boai Medical Group is a subsidiary of China Boai Medical Group (Boai), one of the biggest private hospital/medical services operators in the country.<br /><br /AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85588342199722216722015-05-16T08:24:54.954+08:002015-05-16T08:24:54.954+08:00This brings us to the present-day Capitol integrat...<i>This brings us to the present-day Capitol integrated development, comprising the revamped theatre, Capitol Building and Stamford House, which will now house The Patina, a 157-key hotel; the luxury Eden Residences will sit atop the retail mall Capitol Piazza (Neue), in place of the torn-down Capitol Centre.<br /><br />Ong Choon Fah, chief executive at DTZ Southeast Asia, said: "Theatres AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-6270958516749339602015-04-08T15:19:00.714+08:002015-04-08T15:19:00.714+08:00Hi jojo,
I think a developer's RNAV is anyone...Hi jojo,<br /><br />I think a developer's RNAV is anyone's guess. You will see different RNAVs being waved around by different research houses for the same developer. ;p<br /><br />So, it is important for us to read different opinions, if available, and arrive at our own conclusion if the RNAVs are realistic. Not an easy thing to do.<br /><br />If a research house can demonstrate that AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-80915623579124959812015-04-08T14:41:36.073+08:002015-04-08T14:41:36.073+08:00Hi AK,
Don't know if you received my earlier q...Hi AK,<br />Don't know if you received my earlier query re RNAV (as I didn't see it posted) but could you confirm if we have to compute the ratio (RNAV = Book value of development property + revaluation surplus) ourselves? If yes, are the BV of Devt Pty & Revaluation Surplus available in 1/4ly & Annual Reports? Or is RNAV already computed & readily available in 1/4ly & anonhttps://www.blogger.com/profile/14933269878913721933noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-5340082966968456512015-04-08T14:33:38.981+08:002015-04-08T14:33:38.981+08:00Hi AK
I see RNAV quoted in property developer-rela...Hi AK<br />I see RNAV quoted in property developer-related articles all the time. Whilst I understand RNAV to be Revalued NAV and equates to "Book value of development property + revaluation surplus", I have the following queries:-<br />1) Do we compute the ratio ourselves? If yes, can we find BV of Devt Pty & Revaluation surplus easily in quarterly & annual reports?<br />2) Oranonhttps://www.blogger.com/profile/14933269878913721933noreply@blogger.com