Most probably will drop below 1.23
Projection maybe 1.11 (a drop of -10%)
lj dead stock.
.
It's a foregone conclusion. South it is.
we will know on 17th Oct. If the DPU is less than last quarter, you can expect the price to head south !!!
think both their DPU are dropping..
cambridge asset are better than sabana and their occupancy rate are better too but cambridge own around 5% by a hedge fund
I believe the nearest comparison will be Cambridge Industrial Trust.The DPU is ard 0.11 per quarter, and the the price is ard 82% of its NAV.
For Sabana REIT, the current DPU is 0.12. The NAV is ard 65% of it NAV. I think there is a potential for Sabana to move higher if we use Cambridge as reference.
you are right
am vested but bleeding...they already mentioned that there will be conversion.so DPU will drop. still think 0.45 is reasonable..
it on overbought now, so looks like pple are pushing higher than dump
For this stock I am vested and I can only say if you are not vested don't buy and 'hope' it will turn around. Buy only when it is clear that industrial lease demand is high again. Now it is far from it. Don't buy if you could only hold short term. I guess the up coming DPU will be less than 1.22 cents, maybe it will be 1.13. Then we will see share price drop 2 cents the next day.
Load cheapest now
Watch for this !Another good stock that shall rally up with good dividend!
Cambridge already making a move ahead to 56c
I believe the nearest comparison will be Cambridge Industrial Trust.The DPU is ard 0.11 per quarter, and the the price is ard 82% of its NAV.
For Sabana REIT, the current DPU is 0.12. The NAV is ard 65% of it NAV. I think there is a potential for Sabana to move higher if we use Cambridge as reference.
we will know on 17th Oct. If the DPU is less than last quarter, you can expect the price to head south !!!
I believe the nearest comparison will be Cambridge Industrial Trust.
The DPU is ard 0.11 per quarter, and the the price is ard 82% of its NAV.
For Sabana REIT, the current DPU is 0.12. The NAV is ard 65% of it NAV. I think there is a potential for Sabana to move higher if we use Cambridge as reference.
Watch for this !
Another good stock that shall rally up with good dividend!
I thnk besides CEO , i am also smiling because i spotted this gem at rock bottom price
Liquidation is a wrong choice of words...they are still profitable so there is no reason to liquidate...the most they will do is diversification....like the 2 properties that they sold sometimes ago....anyhow...once this round of multitenancy issue has settled....we could see the stability again...they only problem is this stock price has been lau sai since day 1 and we did not hear any good news after that...shareholder of this stock is very depressing mode especially everytime I see the smilling face of the CEO in the propectus
Liquidation is a wrong choice of words...they are still profitable so there is no reason to liquidate...the most they will do is diversification....like the 2 properties that they sold sometimes ago....anyhow...once this round of multitenancy issue has settled....we could see the stability again...they only problem is this stock price has been lau sai since day 1 and we did not hear any good news after that...shareholder of this stock is very depressing mode especially everytime I see the smilling face of the CEO in the propectus 
For O& G companies, the NAV could consists of RIGs ... and in current low oil price situation and during liquidation, the company might not even able to find any buyer for the RIGs. So, even if the NAV is high ... in reality, it cannot be liquidated.
However, for REIT, if the current price is 65% the NAV ... imagine ... if the building is valuated at $1M .... and currently selling at $650K (and the surrounding buildings are selling at $1M) .... i bet that there will be many buyers. Even if that building is selling at $900K, i believe they might still be able to find buyers...
So, it might not go back to 100% of NAV .... but it shouldn' t be price at 65% of the NAV either.
No I don't mean they have liquidation issue. But nav is the value to be realised only in a liquidation scenario and I am saying in such hypothetical situation, the full nav value will not be realised as buyers will not pay full value of the nav.
One advantage of being classified as REIT, the gearing cannot be more than 45% of the REIT' s asset which help to keep the borrowing under control. The current occupancy rate is 88%, and i don' t think it' s facing liquidation like the O& G industry. Furthermore, they just refinance 100 million. Their current debt is 400M and it is staggered over 4 years .... i don' t see any liquidation as of now.
