
congrats folks! this burger's backside finally moving !! :P cheers to all ! :D ...err could b last day of Rights trading BB pushing mother share higher? :P
me too.... i'm also buying. the dividend is just great... 9%
better stay at current range 1st.. i wan to liquid other counter to buy more this!
nickyng ( Date: 28-Sep-2009 17:57) Posted:
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hmm...crazysales? ahem...dont seems to be appealing any "shoppers" now though...hee anyway! time will tell ! :D
Back to basics.
Post rights - DPU is HK 22.97 cents.
At HK $ 2.55, yield is 9%. (Similiar REITs listed in HK are trading at lower yields)
If you like the yield, it is a buy. If not, look elsewhere.
NAV after rights is at $4.6HK la..
so its undervalue.
well that is based on an extremely pessimistic market condition whereby the stock loses about 10% of its value, ya then its $2.65. if it is the other way, where the funding enhances the value by 10% then we can see the upper limit of $3.30.
I definitely find value in this reit but the current trading swing is pushing it way down. Anything less than $2.54 is worth snatching or what you call a crazy warehouse sales.
nickyng ( Date: 28-Sep-2009 13:45) Posted:
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har? oni worth 2.65 ?? s$ or hk$ ? hee.....sure or not? :D
frosin ( Date: 28-Sep-2009 12:45) Posted:
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buy the rights at $0.20 or an equivalent of $2.49, immediate discount from its current share price of $2.56. make 7 cents per share at least from this trad. buy 100 lot and you will find yourself a lot richer. The interesting thing is that this REIT is worth about $2.65 but frankly, no one has a good idea why is it so low other than trading swings.
wow...2.55 now!?!? wonder will it drop or shootup?!?! gee...hard to play like dat leh! :D
No TP. but i hope to sell above 2.8-2.9
soularis ( Date: 25-Sep-2009 17:51) Posted:
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what's your target price?
didmt get the rights but at least still got the mother when its rights is at 0.14..
if everything goes smoothly, it should proceed up liao.
soularis ( Date: 25-Sep-2009 16:53) Posted:
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i really envy those in at 0.13 though but didn't have the courage...
i oso managed to get a bit of the action... in at .225 and out at .236... 150 lots
shiok hahahha
congrats to all! :D
freeme ( Date: 25-Sep-2009 16:22) Posted:
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yeah.. those bot at 0.13 doubler liao in 1 day
soularis ( Date: 25-Sep-2009 16:00) Posted:
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its starting to move
1st october
when is the last day for rights trading?
freeme ( Date: 25-Sep-2009 12:32) Posted:
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