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Ascott
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ghpreal
Member |
20-Dec-2007 10:29
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Tks shplayer for ur comments. It's oversold very badly, Downside if any, should be limited from a high of $2 to almost half. Company's position is sound with good profit, With local tourism expected to bloom, ascott will benefit greatly. Anyway understand they are properties are widely expanded regionally. Good price for mid to long term investment. |
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moneyface
Senior |
19-Dec-2007 23:50
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will keep it in my watchlist now as it drop only1cents today compare to the big drop last few days
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shplayer
Elite |
19-Dec-2007 16:51
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ghpreal, The way this stock has been falling the past 7 weeks, it may be more prudent to wait till trend reversal is confirmed before taking the plunge. |
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ghpreal
Member |
19-Dec-2007 15:42
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Sry Typo error should read price at 1.12 to 1.14 |
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ghpreal
Member |
19-Dec-2007 15:40
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At 1.20 to 1.40 it's already all time low for the year. Best time to accumulate before it move up? any views are welcome. |
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moneyface
Senior |
18-Dec-2007 11:12
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it seems to be going further south.... |
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limhpp
Veteran |
18-Dec-2007 11:06
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It is this year all time low now. I personally think is really a good bargain. |
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moneyface
Senior |
18-Dec-2007 10:58
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this stock price has reach a new low... wondering what happened to it? should i go in now or later? |
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moneyface
Senior |
14-Dec-2007 14:50
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it has been on the doentrend since 15th Nov. 
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ykjuay
Senior |
14-Dec-2007 14:16
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Very Attractive at current price of 1.28-1.29 .......buy on weakness , tis stock rebounds fast ,it fundemental very sounded |
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Fairygal
Veteran |
14-Dec-2007 13:44
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Price has gone down so much. With Capland down, this counter also follow. Sigh. |
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dinghoki
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11-Dec-2007 16:40
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So long, so what are the main points of this article? Positive news? I guess ppl are too busy to read word by word leh. |
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moneyface
Senior |
11-Dec-2007 16:05
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- page 1 - 1 For Immediate Release NEWS RELEASE ASCOTT ACQUIRES FIFTH SERVICED RESIDENCE IN INDIA First international serviced residence company to enter Hyderabad Singapore, 10 December 2007 venture agreement with The Rattha Group (Rattha) to acquire its fifth serviced residence in India. The 218-unit property, to be named Citadines Hyderabad Hitec City, is Ascott?s first serviced residence in Hyderabad. Ascott will invest INR 407.6 million (S$15.0 million) to acquire a 49% equity stake in Citadines Hyderabad Hitec City. Rattha will hold the remaining majority stake. This latest joint venture is part of Ascott?s master development agreement signed with Rattha in August 2006. The agreement aims to acquire and develop seven serviced residences with a total of at least 1,000 units in India by 2010. Ms Jennie Chua, Ascott?s President & CEO said: ?The addition of Citadines Hyderabad Hitec City puts the Group ahead of the target set out under the agreement with Rattha. Ascott now has five properties with more than 1,100 units under development in Bangalore continue to seek new business opportunities in other cities including New Delhi and Mumbai. Our strategy is to entrench our foothold in India as a first-mover by leveraging on the growing demand for quality-class serviced residences across India?s first tier and emerging cities.? Mr Chong Kee Hiong, Ascott?s Deputy CEO (Finance & Investment) said: ?We see tremendous growth opportunities in Hyderabad as it is a vibrant business city and there is currently no international serviced residence operator there. Citadines Hyderabad Hitec City will be in the heart of Hitec City, a major technology township where the Hyderabad International Convention Centre is located. It will also be close to numerous office buildings, IT parks and multinational companies. When completed, the serviced residence will be poised to tap into the rising accommodation needs of business travellers, in particular those from the IT and biotechnology industries.? Citadines Hyderabad Hitec City is targeted to open in the first half of 2010. With this latest addition, Ascott will have a total of 1,178 serviced residence units in five properties under development in India. The other four properties are Somerset Whitefield, Bangalore, Citadines Chennai Boulevard, Citadines Chennai OMR Gateway and Somerset Greenways, Chennai. These serviced residences are slated to open between 2008 and 2009. ? The Ascott Group (Ascott) has signed a joint, Chennai and Hyderabad. We willAbout The Ascott Group The Ascott Group is the largest international serviced residence owner-operator with close to 14,000 operating serviced residence units in key cities of Asia THE ASCOT T GROUP LIMI T ED ( R e g n . N o : 1 9 7 9 0 0 8 8 1 N )N Singapore 068811 o8 Shenton Way #13-01Telephone (65) 6220 8222 Facsimile (65) 6227 2220 www.the-ascott.com S INGAPORE AUSTRAL IA BAHRAIN BE LGIUM CHINA FRANC E GEORGIA GERMANY INDIA INDONE S IA JAPAN KAZAKHSTAN MALAYS IA NEW ZEALAND PHILI P P INE S QATAR RUS S IA SOUTH KOR EA S PAIN THAILAND UNITED ARAB EMIRATE S UNITED KINGDOM VIE TNAM - page 2 - 2 Pacific, Europe and the Gulf region, as well as more than 5,500 units which are under development, making a total of over 19,500 units. The Group operates three brands ? Ascott, Somerset and Citadines. Its portfolio spans 54 cities in 23 countries, 12 of which are cities where Ascott's serviced residences are being newly developed. The Ascott Group is headquartered in Singapore. It pioneered Asia Pacific's first branded luxury serviced residence in 1984. It also established the world?s first pan-Asian serviced residence real estate investment trust, Ascott Residence Trust, in 2006. Today, the Group boasts a 23-year industry track record and serviced residence brands that enjoy recognition worldwide. The Ascott Group's achievements have been recognised internationally. Recent awards include Business Traveller China Awards 2007 ?Best Serviced Residence Brand?, World Travel Awards 2007 ?Australasia?s Leading Hotel? and ?New Zealand?s Leading Hotel?, TTG Travel Awards 2007 ?Best Serviced Residence Operator?, Business Traveller UK Awards 2007 ?Best Serviced Residence Company?, Business Traveller Asia Pacific 2007 ?Best Serviced Residence Brand? and ?Best Serviced Residence?, and Forbes China 2008 ?China?s Best Serviced Apartments?. For a full list of awards, please visit http://www.theascottgroup.com/aboutus/awardsListed on the mainboard of the Singapore Exchange, The Ascott Group is the serviced residence arm of CapitaLand Limited, one of the largest listed real estate companies in Asia. Headquartered in Singapore, the multinational company's core businesses in real estate, hospitality and real estate financial services are focused in gateway cities in Asia Pacific, Europe and the Middle East. The company's real estate and hospitality portfolio spans more than 100 cities in over 20 countries. For more information on The Ascott Group?s property listings, visit http://www.theascottgroup.com/aboutus/group_directory.html Issued by : The Ascott Group Limited Website: www.theascottgroup.com8 Shenton Way, #13-01, Singapore 068811 For more information, please contact: Media Celina Low, Vice President, Corporate Communications Tel: (65) 6500 3399 HP: (65) 9682 5458 Email: celina.low@the-ascott.comFoo Siew Shyan, Assistant Manager, Corporate Communications Tel: (65) 6500 3404 HP: (65) 9362 7652 Email: foo.siewshyan@the-ascott.comAnalyst Lilian Goh, Head, Investor Relations Tel: (65) 6586 7231 HP: (65) 9795 5225 Email: lilian.goh@the-ascott.com# # # # # # |
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jenniferpoo
Member |
01-Dec-2007 23:17
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It is 'internal deal'. Just that, SuntecReit, last done @4:59pm was 1.63, but closing 5:05pm, it has internal deal of 1.55 @ 1million shares |
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jamesbond
Member |
01-Dec-2007 14:27
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Ascott have been trading between 1.41 and 1.42 the whole day on Friday. It have been push down to 1.38 at the end of the day at 5.05pm. Can anyone explain how this is done since 1.40, 1.39 queue is not cleared at 5.00pm. Thanks! |
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Fairygal
Veteran |
29-Oct-2007 16:10
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Big Vol buying spree this afternoon. It's about time! |
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Fairygal
Veteran |
26-Oct-2007 10:46
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Out this morning: Ascott achieves double-digit revenue growth for 3Q 2007. For more info, go to SGX announcement website. |
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sanye_2007
Member |
24-Oct-2007 10:39
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Hi, Can anyone enlighten me what is the difference between the two counter Ascott and Ascott Reit? Thank you. |
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Fairygal
Veteran |
24-Oct-2007 10:21
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Ascott Reit doing well. How come Ascott Group price is so oversold? This counter has history of sudden surge, so I shall wait for history to repeat itself. Meanwhile, waiting for result announcement on 26 Oct morning. |
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alexmay
Veteran |
24-Oct-2007 09:52
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ART UNITHOLDERS? DISTRIBUTION 84% ABOVE 3Q 2006 Boosted by strong performance from Philippine and Singapore properties Singapore, 24 Oct 2007 ? Ascott Residence Trust (ART) achieved a unitholders? distribution1 of S$12.0 million for the period 1 July 2007 to 30 September 2007, a 84% increase over the same period last year, underpinned by strong operating performance and accretive acquisitions. Distribution per unit (DPU) for the same period is 1.99 cents, an increase of 39% over 3Q 2006. This is also 9% higher than the forecast2 of 1.82 cents. ART results confident of delivering DPU of 7.27 cents for year. Go to SGX announcement for more details. |
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