Leave a Comment:
27 comments
Hi Lioninvestor,
MCT is trading below IPO price but seem to be holding from drifting to far from IPO price. Any view why it trading below water and what duration before it will trade over IPO price? Thanks
ReplyDear Lioninvestor,
I read the SGX announcement and Citigroup is the dealer for the stabilizing action for the IPO.
Can you advise what does stabilizing action means?
Thank you!
ReplyDear Blur,
It means they will help to buy if the price falls too low. “stabilizing the price”
ReplyDear Lioninvestor,
Thanks for your website. I want to invest in some unit trusts for short term interest, but I dont know how to find them in singapore.
Pls help
ReplyHi Lion,
Do you know how to read the data on http://reitdata.com/ ?
I don’t understand the DPU cts, Mkt, Yield, NAV
So in your opinion, we shouldn’t invest in REITS?
so what should we do with our money? cannot leave in bank and let inflation “eat” up right?
Any suggestion?
Thanks!
ReplyHi Lin,
those are quite standard terms.
there’s a reit seminar coming up. maybe you can attend that.
http://www.sgxacademy.com/index.php?option=com_sgx&scom=view_event_detail&event_id=404
Any not invested funds (while waiting for opportunities) should be left in money market funds rather than left in the banks.
ReplyDear Lion,
Share market is very toppish & sentiment is very choppy now. I would hesitate to invest in the market right now.
What are money market funds?
ReplyDear Tarzan, these are unit trusts that invests into short term interest bearing instruments.
Replyhi, it says the dividend will be payable in FY11, so may i know when exactly we will receive the dividend? thanks!
ReplyJack,
you can refer to this earlier post that I made.
http://www.martinlee.sg/are-singapore-reits-a-good-investment/
ReplyYes, but most people cannot sit still. They cannot leave their money in money mkt funds earning less than 1% yield or even in corporate bond funds for 2, 3, 4 years. They *feel* that they *must* do something *now* to get *higher return* on their money.
ReplyIt’s just another REIT. REITs need to distribute at least 90% of net profits in order to qualify for lower corporate taxes.
And sure got mgmt fees and other costs — just look at all of the other REIT annual reports. Previously before the 2008 GFC, many investors not happy with mgmt fees being paid with extra shares created as this dilutes existing shareholders w/o share offer for them too.
Conventional wisdom is that commercial and industrial properties still got legs to run for next 2-3 years. Before the next big recession hits again.
ReplySo others milk us first before we get the dividends?
I start to see a familiar trend people going crazy after IPOs like some years ago.
Heard from market talk that it would be so much more profitable investing in a REIT administrator than investing in the REIT itself.
Rights placement issues tend to dilutes existing shareholders.
What i understand from MCT is that there will be no purchases or additional of assets for next 2 years; ie no diluting rights.
Yes woo, I prefer to invest in the Reits manager than the Reits.
ReplyActually, one of the Reit manager has been selling all the Reits units it gets from the management fees. Go figure.
ReplyWhat is the meaning of 100% payout?
Also, does this work like a unit trust where we have to pay management or other misc fees embedded somewhere?
May I ask what are the main differences between the above and Mapletree Reit launched at 93 cents some time ago?
Thanks.
Jasmin,
this one consists of commercial properties. The previous one, Mapletree Industrial Trust, is more for industrial properties.
Reply