tag:blogger.com,1999:blog-7944902213075756335.post7074190226757842133..comments2024-03-29T19:12:08.223+08:00Comments on A Singaporean Stocks Investor (ASSI): Religare Health Trust: Initiated long position at 88c.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger26125tag:blogger.com,1999:blog-7944902213075756335.post-30761760658968591552018-02-26T09:33:41.066+08:002018-02-26T09:33:41.066+08:00Hi chups,
Wait and see. If the acquisition goes t...Hi chups,<br /><br />Wait and see. If the acquisition goes through, it goes through.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-74869794383701011212018-02-19T09:21:32.040+08:002018-02-19T09:21:32.040+08:00Hi Ak,
With the recent announcement of the acquis...Hi Ak,<br /><br />With the recent announcement of the acquisition, what are you planning to do with your RHT units?chupshttps://www.blogger.com/profile/05150502824613737439noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-61293865745453035682017-11-15T14:03:32.738+08:002017-11-15T14:03:32.738+08:00Hi chups,
Investors in RHT should be aware of the...Hi chups,<br /><br />Investors in RHT should be aware of these issues.<br /><br />They are pertinent and explain why RHT is not one of my bigger investments for income.<br /><br />Well, with Fortis' offer now on the table, we no longer have to think about these now. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-91498317612118654742017-11-15T01:11:16.683+08:002017-11-15T01:11:16.683+08:00hi,
i read the annual report and do these points...hi, <br /><br />i read the annual report and do these points concern you?<br /><br />- refinancing risk since weighted avg debt to maturity is 0.8 years<br />- currency risk - now only 50% of the anticipated cashflow from india to singapore is hedged<br />- interest rate risk - 66% of its debt is on floating rates<br /><br />appreciate your take on the above concerns!chupshttps://www.blogger.com/profile/17249908599973899219noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-41819548138890756742017-02-15T18:56:33.703+08:002017-02-15T18:56:33.703+08:00Hi redponza,
Yes, I bought some today. I might bl...Hi redponza,<br /><br />Yes, I bought some today. I might blog about it tomorrow. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-64129169478496118342017-02-15T18:29:53.919+08:002017-02-15T18:29:53.919+08:00Hi AK, your dream comes true just one day after yo...Hi AK, your dream comes true just one day after your blog post!<br />Hope you grab some in today's bloodbath!redponzahttps://www.blogger.com/profile/12482736417233080153noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-39794682266590953932017-02-13T18:07:17.870+08:002017-02-13T18:07:17.870+08:00Hi Keng,
Anything below that would make this a ra...Hi Keng,<br /><br />Anything below that would make this a rather attractive investment for income.<br /><br />Patience, AK. Patience. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-88456997520696807822017-02-13T17:57:19.673+08:002017-02-13T17:57:19.673+08:00Based on my rudimentary analysis, NAV is $0.838, s...Based on my rudimentary analysis, NAV is $0.838, so anything close should be a good price point to consider.kenghttps://www.blogger.com/profile/17458647391869117820noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-62567176529169551962017-02-13T15:47:04.540+08:002017-02-13T15:47:04.540+08:00Weak 3QFY17 DPU post sale of FHTL and demonetisati...Weak 3QFY17 DPU post sale of FHTL and demonetisation impact. RHT’s 3Q17 DPU (excl special dividend) fell 34% y-o-y to 1.25 Scts post the sale of its 51% interest in FHTL. Based on a<br />comparable 3QFY16 DPU, 3Q17 DPU fell 14% y-o-y largely impacted by demonetisation policy which affected hospital income and occupancy rate despite higher ARPOB.<br /><br />Management expects the impact to AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-67807897638865744552017-02-13T15:42:49.489+08:002017-02-13T15:42:49.489+08:00On 8 November 2016, the Government of India announ...On 8 November 2016, the Government of India announced the demonetisation of all ₹500 (US$7.40) and ₹1,000 (US$15) banknotes of the Mahatma Gandhi Series. <br /><br />The government claimed that the action would curtail the shadow economy and crack down on the use of illicit and counterfeit cash to fund illegal activity and terrorism. <br /><br />The sudden nature of the announcement—and the AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-52601462221068404162017-02-06T22:22:41.149+08:002017-02-06T22:22:41.149+08:00Hi Keng,
Some fluctuation is to be expected.
No...Hi Keng,<br /><br />Some fluctuation is to be expected. <br /><br />Nothing that worries me. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-24078079035071869852017-02-06T21:55:42.674+08:002017-02-06T21:55:42.674+08:00Hi AK,
Any thoughts on their latest Q3 results?
...Hi AK,<br /><br />Any thoughts on their latest Q3 results?<br /><br />Looks like distribution is slightly affected by the Indian rupee de-monitization.kenghttps://www.blogger.com/profile/17458647391869117820noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16446326048955489492017-02-03T23:35:50.190+08:002017-02-03T23:35:50.190+08:00Religare Health Trust remains attractive to CIMB a...Religare Health Trust remains attractive to CIMB after its recent divestment of 51% in compulsorily convertible debentures in Fortis Hospital and 100% compulsorily convertible preference shares in Escorts Heart Institute and Research Centre to Fortis Healthcare for net proceeds of $198.5 million. The research house has an "add" call and target price of $1.11.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-76243895633852609672016-10-21T11:11:37.389+08:002016-10-21T11:11:37.389+08:00Hi Coreen,
Probably because the counter went XD. ...Hi Coreen,<br /><br />Probably because the counter went XD. See earlier comments on the special distribution.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-855508203143116152016-10-21T00:38:11.142+08:002016-10-21T00:38:11.142+08:00hmm why the sudden big drop in price yesterday? co...hmm why the sudden big drop in price yesterday? couldn't find any information to this... Coreenhttps://www.blogger.com/profile/04978609757032710701noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-61245535083226389092016-10-20T11:34:01.361+08:002016-10-20T11:34:01.361+08:00Hi redponza,
If I were to divest RHT based on tha...Hi redponza,<br /><br />If I were to divest RHT based on that reason, then, I would have to divest my investment in First REIT too which currently has an annualised distribution yield of 6.1% (unit price $1.39 and 3Q2016 DPU of 2.12c). ;p<br /><br />6+% distribution yield is what Mr. Market expects from Healthcare S-REITs now.<br /><br />RHT unit price is now 85c. DPU 5.56c gives us a AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-36426621187536475752016-10-20T10:29:15.026+08:002016-10-20T10:29:15.026+08:00The DPU after disposal is 5.56 cents.
To have the ...The DPU after disposal is 5.56 cents.<br />To have the same 8% yield, RF1U needs to drop below 0.7 to achieve that.<br /><br />AK, will you consider divesting the said counter given its strong run after the ex date?redponzahttps://www.blogger.com/profile/12482736417233080153noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38149648891639328022016-07-19T17:09:06.533+08:002016-07-19T17:09:06.533+08:00Proposed disposal of 51% economic interest in FHTL...<i>Proposed disposal of 51% economic interest in FHTL to Fortis. RHT signed a MOU to dispose 51% of its economic interest in FHTL to Fortis Healthcare (FHL) for S$300m (INR14.3bn). RHT currently holds 100% economic interest in FHTL while owning 49% equity. FHTL owns two Clinical Establishments, Gurgaon and Shalimar Bagh, which contribute <b>c.39% of RHT’s revenue</b>.<br /><br />Management AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-49905109853996283142016-04-04T16:55:58.590+08:002016-04-04T16:55:58.590+08:00post special, DPU will drop to 5 cents, not 3.65 c...post special, DPU will drop to 5 cents, not 3.65 cents.Anonymoushttps://www.blogger.com/profile/15599891154027539688noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-36705828967327768912016-04-04T11:11:59.597+08:002016-04-04T11:11:59.597+08:00"..... the Trustee-Manager intends to pay a s..."..... the Trustee-Manager intends to pay a special cash distribution (the “Special Distribution”) to Unitholders of 100.0% of the net proceeds of the Proposed Disposal after deducting expenses incurred in undertaking the Proposed Disposal and the Related Arrangements and, if applicable, the Special Distribution Performance Fee payable to the Trustee-Manager in cash if the Whitewash AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-66692215127954334262015-08-25T10:07:45.515+08:002015-08-25T10:07:45.515+08:00Hi BW,
Well, if we fall into a longkang on this o...Hi BW,<br /><br />Well, if we fall into a longkang on this one, we won't be lonely. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21148963264855380142015-08-25T08:55:34.421+08:002015-08-25T08:55:34.421+08:00Hi AK71,
I bought the same thing at the same pric...Hi AK71,<br /><br />I bought the same thing at the same price. Comforting to know I have you as company :)<br /><br />BWBlue Willowhttps://www.blogger.com/profile/04252658316001842734noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-48580220050813374022015-08-25T01:31:56.514+08:002015-08-25T01:31:56.514+08:00Hi AB,
This is not on my watchlist. So, I don'...Hi AB,<br /><br />This is not on my watchlist. So, I don't know enough to say anything enlightening about it.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-54068565853005968422015-08-25T01:10:23.423+08:002015-08-25T01:10:23.423+08:00Hi AK,
Any considerations for Jardine C&C? It...Hi AK,<br /><br />Any considerations for Jardine C&C? It has dropped a lot, dividends are quite decent, since 2011.ABhttps://www.blogger.com/profile/11704794544294008362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-49492894497755914832015-08-25T00:08:44.958+08:002015-08-25T00:08:44.958+08:00Hi imdna,
I have so many things to buy on my list...Hi imdna,<br /><br />I have so many things to buy on my list. I have to priorities and pace myself. I did add some Starhub at $3.51 today. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com