tag:blogger.com,1999:blog-7944902213075756335.post8545699971088245236..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): Cambridge Industrial Trust: Friends again.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-7944902213075756335.post-23738024391487284672011-03-12T23:10:02.191+08:002011-03-12T23:10:02.191+08:00Hi touzi,
The information on page 15 is correct. ...Hi touzi,<br /><br />The information on page 15 is correct. Information updated as of 31 Dec 2010: 1,057,065 units becomes 1,189,198 units in this 1 for 8 rights issue.<br /><br />Information on page 14 is a set of hypothetical numbers which assumed that the transactions were completed in FY2010 (Jan 2010 to Dec 2010). <br /><br />At the beginning of 2010, there were fewer units in issue. In 2010AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-18225133392003030932011-03-12T18:45:16.087+08:002011-03-12T18:45:16.087+08:00Hope you can help to clarfy this. The table on pag...Hope you can help to clarfy this. The table on page 14 of the announcement show number of units to be 914,352 before rights. After rights it become 1,046,485. Based on 1 for 8, shouldn't the number of units after rights be 1,028,646 ( x 1.125 ). Moreover the table on page 15 show the current number of units 1,057,065.<br /><br />Thanks.<br /><br />touzitouzinoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-72306572044554179902011-03-12T15:20:27.742+08:002011-03-12T15:20:27.742+08:00Hi Derek,
Yes, you are right. Just pocket money, ...Hi Derek,<br /><br />Yes, you are right. Just pocket money, I guess. :)<br /><br />Like you, I am now waiting for the nil-paid rights to start trading and keeping an eye on Saizen REIT as the selling down could present an opportunity to accumulate on the cheap. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17312245534427016892011-03-12T10:52:01.143+08:002011-03-12T10:52:01.143+08:00Haha AK,
Small investors like us won't make m...Haha AK,<br /><br />Small investors like us won't make much ba. Would be interesting to see how much their nil-paid rights will be trading.<br /><br />I am now looking at Saizen and Hutchison but so little money. LoLDerekhttps://www.blogger.com/profile/07209385199877338530noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58858853897761774812011-03-11T22:24:43.972+08:002011-03-11T22:24:43.972+08:00Hi Derek,
I got sick of CIT many moons ago. Hahah...Hi Derek,<br /><br />I got sick of CIT many moons ago. Hahaha... ;p<br /><br />However, after a simple analysis, this rights issue seems like a good thing for existing unitholders. <br /><br />Despite my misgivings and generally negative opinion of the REIT and especially its CEO, looking at it on a case by case basis, this rights issue could make us some money. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-1609894519896070702011-03-11T22:21:59.452+08:002011-03-11T22:21:59.452+08:00Hi ortho,
3,000 would be three complete lots. 2,3...Hi ortho,<br /><br />3,000 would be three complete lots. 2,300 would still be two complete lots and an odd lot with 300 units. They would round it up to 3,000 units. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-49768638492399036002011-03-11T22:18:22.640+08:002011-03-11T22:18:22.640+08:00OMG Rights again. I'm getting sick of Cambridg...OMG Rights again. I'm getting sick of Cambridge. What happen to all the money from the previous rights issue not to mention issuing excess units as dividends.<br /><br />Oh well, with 5 lots, I will probably just get one lot of rights (after excess shares).Derekhttps://www.blogger.com/profile/07209385199877338530noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23031501102393188812011-03-11T22:09:33.598+08:002011-03-11T22:09:33.598+08:00Hi SnOOpy168,
Well, sometimes, we find opportunit...Hi SnOOpy168,<br /><br />Well, sometimes, we find opportunities in calamities. I would stick to what I know and invest accordingly. Lower prices could present some bargain buys. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38314822964333716202011-03-11T22:07:51.034+08:002011-03-11T22:07:51.034+08:00Hi Anonymous,
You have raised a valid point indee...Hi Anonymous,<br /><br />You have raised a valid point indeed. CIT did fail to deliver on their promises the last time round. :)<br /><br />It is also with this in mind that I entered a smallish long position to the tune of 17 lots. Nothing too big. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-80253293098075617352011-03-11T22:01:34.242+08:002011-03-11T22:01:34.242+08:00Hi Isaac,
Good of you to second the motion. ;)Hi Isaac,<br /><br />Good of you to second the motion. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-80760219579001454562011-03-11T21:55:44.418+08:002011-03-11T21:55:44.418+08:00Hi Confused,
When the time comes to accept and pa...Hi Confused,<br /><br />When the time comes to accept and pay for the rights, I would visit an ATM to do it. <br /><br />There would be the first entry which is for the rights we have been alloted. This would be followed by a second entry which is for the excess rights we want to apply for. Any application for excess rights to round up odd lots would have priority and is usually filled. That'AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-80781264355364559612011-03-11T21:52:03.205+08:002011-03-11T21:52:03.205+08:00Hi Hubert,
I would like to see it trade closer to...Hi Hubert,<br /><br />I would like to see it trade closer to its NAV as per your past target price. ;)<br /><br />Prophet Hubert, do your stuff! ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-25725151178101189012011-03-11T21:19:04.605+08:002011-03-11T21:19:04.605+08:00Hi AK71
By buying 17 lots, the rights you get is 2...Hi AK71<br />By buying 17 lots, the rights you get is 2.125 lot, wouldn't they round up to only 2.3lot instead of 3 lot? Do correct me if I am wrong...orthonoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-69233092569480986702011-03-11T17:54:14.659+08:002011-03-11T17:54:14.659+08:00With the Japanese earthquake & Tsunami, I do e...With the Japanese earthquake & Tsunami, I do expect a southern trend in the market for the next week.<br /><br />SnOOpy168Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-88569946369574449972011-03-11T17:48:21.817+08:002011-03-11T17:48:21.817+08:00The only problem here is whether CIT able to deliv...The only problem here is whether CIT able to deliver what it promised. If not mistaken, it failed to deliver its projected yield for the previous round of Right issue.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-2611528653636520522011-03-11T16:35:03.551+08:002011-03-11T16:35:03.551+08:00Hubert, like what AK said...you a prophet. HHAHAHubert, like what AK said...you a prophet. HHAHAIhttps://www.blogger.com/profile/04222573673272472458noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9170257395146979932011-03-11T15:15:14.690+08:002011-03-11T15:15:14.690+08:00hi ak.
how do we apply for excess right?
u bought...hi ak.<br /><br />how do we apply for excess right?<br />u bought 17 lots so should only be entitled to 2,125 units of rights, how do u apply for the 875 units extra? and normally how high is the chance of getting the extra?<br /><br />so if i buy 9 lots, can i apply for excess to round up to 2 lots too?<br /><br />cheers,<br />Confused!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-60237374310135081052011-03-11T14:25:45.259+08:002011-03-11T14:25:45.259+08:00Off topic but..
Sigh..what I said about CMA dropp...Off topic but..<br /><br />Sigh..what I said about CMA dropping below 1.70 and STI losing more than 1%..haha..both happened today..maybe I shouldn't say so much next timehttps://www.blogger.com/profile/09976167950354899325noreply@blogger.com