| Latest Forum Topics / StarhillGbl Reit Last:0.49 -- |
 Post Reply
|
|
Gaining strength
|
|||
|
serious
Member |
24-Nov-2010 09:36
|
||
|
x 0
x 0 Alert Admin |
Managed to buy 60 lots at 0.605 minutes ago. | ||
| Useful To Me Not Useful To Me | |||
|
Farmer
Master |
22-Nov-2010 12:40
|
||
|
x 0
x 0 Alert Admin |
I guess it has got something to do with its fundamental(vastly undervalue) and improving office rental lah! Or could it be something else like M&A? Lets keep a watchful eyes....should break its 52weeks high by 4Q10 results. 
|
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
tonylim2
Senior |
22-Nov-2010 10:57
|
||
|
x 0
x 0 Alert Admin |
Strong buying today. Hit 0.63. | ||
| Useful To Me Not Useful To Me | |||
|
serious
Member |
09-Nov-2010 12:37
|
||
|
x 0
x 0 Alert Admin |
Creeping up solidly. | ||
| Useful To Me Not Useful To Me | |||
|
Farmer
Master |
27-Oct-2010 10:21
|
||
|
x 0
x 0 Alert Admin |
Starhill Global REIT: BUY; S$0.61; Bloomberg Code: SGREIT SP |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
Farmer
Master |
27-Oct-2010 10:09
|
||
|
x 0
x 0 Alert Admin |
To me, it doesn't matter since the outcome will be the same over the short term. But in the long run, it will dilute further the already big outstanding shares issued after the recent 1-1 RI. Lets hope for more dividends enhance M&A instead in the near future like Suntec just announce. |
||
| Useful To Me Not Useful To Me | |||
|
tonylim2
Senior |
27-Oct-2010 00:43
|
||
|
x 0
x 0 Alert Admin |
The DPU would be higher if the management fee is paid by issuing new units instead of cash, otherwise the DPU would be 0.01176 cents per unit.
|
||
| Useful To Me Not Useful To Me | |||
|
Farmer
Master |
26-Oct-2010 22:11
|
||
|
x 0
x 0 Alert Admin |
Smaller REITs more attractive on price-to-book ratio: analysts SINGAPORE : Singapore's real estate investment trusts (REITs) have risen more than 140 per cent since March 2009 and their value could go up by another 60 per cent, according to analysts. REITs are currently offering juicy yields, which may start looking less attractive to investors when Singapore government bond yields start to climb higher. Even then, analysts said there still are some standout performers among REITs that are offering value at current prices. Singapore REITs are gearing up to acquire more properties. Leverage ratios - which measure how indebted a REIT is in relation to its assets - have continued to fall this year. Leverage is now at an average 28 per cent. This shows the REITs are well capitalised and in a better position to buy new properties with debt. Loy Wee Khim, associate director, Corporate & Infrastructure Ratings, Standard & Poor's, said: "Most of the REITs are also thinking of where they are coming from - a low position because of the recapitalisation during the downturn. "I think they are ready to acquire new assets to enhance their portfolio, so we find that most of them have the appetite to increase their gearing to below 40 per cent or 40 per cent level." But OCBC Research said valuations of some REITs are now a tad too rich. OCBC analysts said investors should shy away from the bigger REITs that are trading at premiums to their book value and focus on some of the smaller ones which are trading at a discount. Meenal Kumar, an investment analyst at OCBC Investment Research, said: "From the perspective of long-term investors, we're actually calling to avoid the first tier large-cap REITs and instead, focus on what we call the forgotten, but still credible REITs. "And by credible, I mean strong balance sheets, strong sponsors and of course importantly, high absolute yields. And also they should be trading at most, at parity to book value, but ideally at a discount to book value. And in terms of some of our top picks, we like Starhill Global REIT and Ascott Residence Trust." Similarly, CIMB has recommended smaller REITs in the industrial space, such as Cache Logistics, as bigger players such as A-REIT are trading at a 30 per cent premium to book value. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
Farmer
Master |
26-Oct-2010 18:44
|
||
|
x 0
x 0 Alert Admin |
Dividends for 3Q10 hit the top end of my est.....1ct and it will be payable on 29 Nov 10. Next Q results will be stronger? Lets see...hohoho! |
||
| Useful To Me Not Useful To Me | |||
|
Farmer
Master |
25-Oct-2010 17:27
|
||
|
x 0
x 0 Alert Admin |
3Q result out tomorrow, let me make a guess on its div's distribution. Hmm... with the inclusion for its newly acquire KL ppty, it should come closer to ~1ct. | ||
| Useful To Me Not Useful To Me | |||
|
Farmer
Master |
13-Oct-2010 19:09
|
||
|
x 0
x 0 Alert Admin |
Moody's withdraws Starhill Global REIT ratings1367 words 13 October 2010 Moody's Investors Service Press Release English (c) 2010 Moody's
Investors Service has withdrawn its Baa2 Corporate Family Rating for
Starhill Global REIT ("Starhill") and the (P)Baa3 senior unsecured
rating for the MTN Programme issued under MMP MTN Pte and guaranteed by
Starhill.RATINGS RATIONALE Moody's Investors Service has withdrawn the credit rating for its own business reasons. Please refer to Moody's Investors Service's Withdrawal Policy, which can be found on our website, www.moodys.com. Moody's last rating action on Starhill was taken on 19th November 2009, when the ratings were affirmed following Starhill's proposed acquisition of three commercial properties in Australia and Malaysia for a total consideration of S$571 million. Starhill Global REIT is a Singapore-based real estate investment trust investing primarily in real estate used for retail and office purposes, both in Singapore and overseas. Listed on the Singapore Stock Exchange in 2005, Starhill today owns 13 properties in Singapore, Malaysia, Australia, Japan and China, valued at about S$2.6 billion. |
||
| Useful To Me Not Useful To Me | |||
|
tonylim2
Senior |
13-Oct-2010 15:04
|
||
|
x 0
x 0 Alert Admin |
They just want to reduce coverages so as to cut costs. Someone just snapped 2255 lots @0.595 at one go. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
francisd
Veteran |
13-Oct-2010 14:17
Yells: "BUY LOW SELL HIGH" |
||
|
x 0
x 0 Alert Admin |
Moody's withdraws Starhill Global REIT ratings Oct 13 (Reuters) - Starhill: Moody's Investors Service has withdrawn its Baa2 Corporate Family Rating for Starhill Global REIT ("Starhill") and the (P)Baa3 senior unsecured rating for the MTN Programme issued under MMP MTN Pte and guaranteed by Starhill. Wonder what will be the effect of THIS on the counter. Cheers. |
||
| Useful To Me Not Useful To Me | |||
|
Farmer
Master |
06-Oct-2010 17:37
|
||
|
x 0
x 0 Alert Admin |
It seems that 0.595 is the price to beat for now..... unless 3Q results surprise on the upside. Expect some good news this Q as Sg office rental is stablise and may move up. Lets kiv. | ||
| Useful To Me Not Useful To Me | |||
|
tonylim2
Senior |
14-Sep-2010 15:35
|
||
|
x 0
x 0 Alert Admin |
One million shares done at 0.59 at one go. | ||
| Useful To Me Not Useful To Me | |||
|
serious
Member |
12-Sep-2010 15:58
|
||
|
x 0
x 0 Alert Admin |
The retail sector in Kuala Lumpur's Klang Valley has improved since 2008, with a faster and positive leasing rate, according to a report released by CBRE. The property consultancy firm said take up rates have improved significantly in the first half of this year than last year. Average occupancy was generally high, with several prime and non-prime retail malls in the Klang Valley area have an average occupancy rate of 92 percent at the end-Q2 compared to nearly 90 percent average occupancy rate in some malls in Kuala Lumpur. Rental rates also rose in the second quarter, including some of the major malls like Pavilion, Suria KLCC, Mid Valley Megamall, AEON Bukit Tinggi, Gardens and Sunway Pyramid 2, and according to CBRE, overall rental rates may edge up further. “There are reports that prime rents in Suria KLCC and Mid Valley have already risen by 10% to 30%,” it said. “Suria KLCC prime rents have surpassed RM100 psf, and it will be interesting to see the change in the tenant mix as some under-performers exit this location.” The market view report showed an increase in retailer demand in the second quarter; with many retailers have particular allocations for various new outlets this year. However, the report also showed that 10 retail malls with more than three million sq ft of net lettable area are expected to be completed this year. With this, CBRE believes that the retail market in the country is starting to divide into niches and submarkets, like the Petaling Jaya, Bangsar/Mont Kiara and Subang areas. “The battles that will be fought in the future will be localised and the winners will be those with superior locations, tenant mixes and concepts,” said CBRE. |
||
| Useful To Me Not Useful To Me | |||
|
Farmer
Master |
06-Sep-2010 18:21
|
||
|
x 0
x 0 Alert Admin |
As observed, the other similar reits like Suntec, CMT... have move to higher level since but this one is still trading range bound way below its nav of ~81cts. It may be due to its overseas holding in its portfolio which seems as higher risk factor as compared to pure local play reits, but it could well be a blessing since the currency of Jp, Mal, Aust, except Cn have all strengthen recently. Believe price should improve further with respect to increase/improve dividends yield from 3Q10 onwards. |
||
| Useful To Me Not Useful To Me | |||
|
tonylim2
Senior |
05-Sep-2010 21:55
|
||
|
x 1
x 0 Alert Admin |
Ask your remisier to do it for u.
|
||
| Useful To Me Not Useful To Me | |||
|
maxliukt
Member |
03-Sep-2010 23:33
|
||
|
x 0
x 0 Alert Admin |
I received it as a cheque. how to have a direct payment to bank account??? thanks |
||
| Useful To Me Not Useful To Me | |||
|
bikerlover
Member |
03-Sep-2010 19:03
Yells: "Good luck to your trading!" |
||
|
x 0
x 0 Alert Admin |
Normally i wait till the next morning to check my account, and the money is there and stated yesterday's date.. Maybe the money was banked in at around 11pm+
|
||
| Useful To Me Not Useful To Me | |||