tag:blogger.com,1999:blog-7944902213075756335.post1402148225852766586..comments2024-03-18T15:38:20.232+08:00Comments on A Singaporean Stocks Investor (ASSI): How did IREIT Global's rights issue turn out for AK?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-7944902213075756335.post-84129087002271008132016-10-13T11:18:43.535+08:002016-10-13T11:18:43.535+08:00IREIT Global announced on 5 October that Tikehau I...IREIT Global announced on 5 October that Tikehau Investment Management has agreed to acquire 80% of the issued shares of its manager, and will be looking to expand the REIT’s investment mandate beyond just office properties. <br /><br />The share purchase agreement will see both the CEO and CIO of IREIT Global’s manager resigning, but leaving only after a transition period. <br /><br />The AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15535174735553106272016-08-12T11:21:12.598+08:002016-08-12T11:21:12.598+08:00Regular readers know that AK is of the opinion tha...Regular readers know that AK is of the opinion that saying rights issues are just taking money back from shareholders is being simplistic. We should examine the reasons for the rights issues. <br /><br />Rights issues can be opportunities for investors to accumulate at lower prices and there were many examples which have been shared here in ASSI. IREIT is another.<br /><br />See Press Release (10AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11412442835809498442015-08-20T13:37:52.029+08:002015-08-20T13:37:52.029+08:00Overnight BUY order for IREIT Global at 66c a unit...Overnight BUY order for IREIT Global at 66c a unit filled.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-86755938548357854332015-08-19T11:36:03.334+08:002015-08-19T11:36:03.334+08:00Morning BUY order for IREIT Global at 67c a unit f...Morning BUY order for IREIT Global at 67c a unit filled.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-39086072565812180982015-08-15T10:05:16.557+08:002015-08-15T10:05:16.557+08:00Hi AB,
Thank you. :)
I overlooked an important d...Hi AB,<br /><br />Thank you. :)<br /><br />I overlooked an important detail. So, I am lucky that the strategy worked out well this time. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-4957695726646760182015-08-15T09:17:59.383+08:002015-08-15T09:17:59.383+08:00Congrats AK, for getting in at a lower price :)Congrats AK, for getting in at a lower price :)ABhttps://www.blogger.com/profile/11704794544294008362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-5323024093107061962015-08-14T16:35:01.740+08:002015-08-14T16:35:01.740+08:00I didn't try the rights issue trick but I vest...I didn't try the rights issue trick but I vested anyway as I quite liked their tenant profile. If share price declines from here, I will probably be looking to add as well.qookhttps://www.blogger.com/profile/16589715121656455558noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11004781387270705812015-08-14T13:50:50.721+08:002015-08-14T13:50:50.721+08:00Hi Whowillbe,
Seems like they are quite fair. Oth...Hi Whowillbe,<br /><br />Seems like they are quite fair. Other than rounding up odd lots, they gave everyone who wanted more excess rights 1,200 excess rights. Of course, our sample size now is only 2 people. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27018430188153584372015-08-14T13:42:43.668+08:002015-08-14T13:42:43.668+08:00Hi AK,
I managed to get 1250 out of 5050 excess r...Hi AK,<br /><br />I managed to get 1250 out of 5050 excess rights that I subscribed for.<br /><br />Whowillbehttps://www.blogger.com/profile/00802432643116542402noreply@blogger.com