agreed. provide great diversification for my portfolio. this report says can provide up to 9% yield.
http://heartlandboy.com/initiation-report-on-croesus-retail-trust/
v shiok.
I like this just to diversify outside Singapore.
I like this just to diversify outside Singapore.
Excellent passive income from this japan retail trust.
Listing of new issue shares will be on 26 August, hence you will know the allocation of excess on 24 August. Priority will be given to odd lots only.
when will we know our allocation?[vested]
when will we know our allocation?
[vested]
Hehe... huart ah !!!
Cheong for it coming dividend soon.
This one is solid. Glad I applied for excess pref shares. =)
Singapore REIT comparison using Bubble Charts for Croesus Retail Trust.
Singapore REIT comparison using Bubble Charts for Croesus Retail Trust.
Slow and steady up it go bit by bit.
Shld be still alright to enter at this price as it still got some meat.
If I' m no wrong during sept the div will be coming and shld be around 3 to 5 cts.
Actually, my difficulty was in ascertaining if it should just be a pure 4% discount/haircut on current stock price since the entire proceeds will be disbursed externally to the vendor of the trust/fund manager instead of being retained internally or used to purchase say a new asset. But I am likely in error tks.
If base on currently price it make no much difference.Example of 1 lots is 0.835 x 1000 = 835
Every 1 lot you get 1000 /259 x 10 = 38.6 share
38.6 x 0.797 = 30.76
cost = 835 + 30.76 = 865.76
cost of 1 share = 865.76/1038.6 = 0.8336
Abe orders fiscal economic stimulus package this month will boost JP economic.
The share price may grow up a bit due to it performace and valution.
Just base on my personal view you may diagree with my view.
Please do and invet with your own homework.
Anyone know what the theoretical ex-rights price will be?
Thanks for the explanations. Wonder if the recent up move is due to market forces, re-flavouring of yield stocks, or other hidden forces to prop up the price. Anyway, its a decent counter and I' m optimistic of Japan' s prospects going forward and the properties are largely freehold, which are a relative rarity for BTs and Reits.
If base on currently price it make no much difference.Example of 1 lots is 0.835 x 1000 = 835
Every 1 lot you get 1000 /259 x 10 = 38.6 share
38.6 x 0.797 = 30.76
cost = 835 + 30.76 = 865.76
cost of 1 share = 865.76/1038.6 = 0.8336
Abe orders fiscal economic stimulus package this month will boost JP economic.
The share price may grow up a bit due to it performace and valution.
Just base on my personal view you may diagree with my view.
Please do and invet with your own homework.
Anyone know what the theoretical ex-rights price will be?
If base on currently price it make no much difference.
Example of 1 lots is 0.835 x 1000 = 835
Every 1 lot you get 1000 /259 x 10 = 38.6 share
38.6 x 0.797 = 30.76
cost = 835 + 30.76 = 865.76
cost of 1 share = 865.76/1038.6 = 0.8336
Abe orders fiscal economic stimulus package this month will boost JP economic.
The share price may grow up a bit due to it performace and valution.
Just base on my personal view you may diagree with my view.
Please do and invet with your own homework.
Anyone know what the theoretical ex-rights price will be?
Anyone know what the theoretical ex-rights price will be?
This baby also no bad moving up slowly liao 🙂
Asset_Valuation also up 6.6 %
Based on the Valuations, the total value of CRT&rsquo s eleven properties amounted to approximately JPY112,640 million (approximately S$1,476.5 million)1 as at 30 June 2016.
http://infopub.sgx.com/FileOpen/CRT_Asset_Valuation_11July2016.ashx?App=Announcement& FileID=412265
Assume 10000 unit, get 384 (take 400 for easy count), = 0.04%
Very odd, odd..
Which such a small discount and funny allocation ratio - wonder if this offer will be well received..
Preferential Offering of 27,682,070 new Units (representing 3.8% of the existing number of issued Units as at the
date of this Announcement) to raise gross proceeds of S$22.1 million) @ S$0.797/unit  on the basis of ten (10) Preferential Offering Units for every two hundred and fifty nine (259) existing Units held by each Eligible Unitholder as at the Books Closure Date (fractional entitlements to be disregarded).ÂIMPORTANT INDICATIVE DATES AND TIMES
Unitholders should note the following important indicative dates and events in relation to the Preferential Offering:Date/Deadline                        Event
Thursday, 30 June 2016 Â Â Â Â Â Â Â Â Â Â Â Â Â Â EGM Date
5.00 p.m. on Friday, 29 July 2016Â Â Â Â Â Â Â Trading on &ldquo cum-rights&rdquo basis
9.00 a.m. on Monday, 1 August 2016 Â Â Â Trading on &ldquo ex-rights&rdquo basis
5.00 p.m. on Wednesday, 3 August     Books Closure Date
Monday, 8 August 2016: Despatch of Instruction Booklet (together with the ARE1) to Entitled Unitholders
9.00 a.m. on Monday, 8 August 2016 via ARE and ATMs:Â Â Opening date and time for the Preferential Offering
5.00 p.m. on Wednesday, 17 August 2016 via ARE  or 9.30 p.m. on Wednesday, 17 August 2016 via ATMs:   Last date and time for acceptance, application (if applicable) and payment for provisional allotments of Preferential Offering Units and Excess New UnitsÂ
Friday, 26 August 2016 at 9.00 a.m.:Â Â Listing of the Preferential Offering Units pursuant to the Preferential Offering
