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IPO by CWT and ARA = Logistic Reit S$0.88

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AnthonyTan
    12-Apr-2010 10:09  
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CDP internet access does not reflect whether

u r alloted the shares or not.



Andrew      ( Date: 12-Apr-2010 10:01) Posted:

Aiyo....must increase font size......

Andrew      ( Date: 11-Apr-2010 20:47) Posted:

I was screwed many year ago by Mid Contintial.  It is in my SOP to check CDP before trading lor.

You are right, it is a conditional allocation.

To be technically correct, need to wait for official letter from CDP to confirm.

 

It is ever easier.....goto www.cdp.com.sg

Log In with your CDP account number and IC.



 
 
Andrew
    12-Apr-2010 10:01  
Contact    Quote!
Aiyo....must increase font size......

Andrew      ( Date: 11-Apr-2010 20:47) Posted:

I was screwed many year ago by Mid Contintial.  It is in my SOP to check CDP before trading lor.

You are right, it is a conditional allocation.

To be technically correct, need to wait for official letter from CDP to confirm.

 

It is ever easier.....goto www.cdp.com.sg

Log In with your CDP account number and IC.



junction      ( Date: 11-Apr-2010 15:39) Posted:

Shortlisted not guaranteed to get right? 


 
 
AnthonyTan
    12-Apr-2010 09:57  
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It is almost impossible to check the CDP a/c. whether

u r alloted or not. 1. Call cdp phone, unable to check.

2. Check cdp website, unable to check. 3. Money

oreli deducted form my POSB a/c. 4. How to sell

like this. ??????



sarsar      ( Date: 12-Apr-2010 09:50) Posted:

Hi all,

How to check the CDP a/c?

Thanks for ya help!



ozone2002      ( Date: 12-Apr-2010 08:51) Posted:

I got allocated but not in cdp lei

how to sell like that..

ponzi scheme ah? take the money and don't give the share.,.



 

 
sarsar
    12-Apr-2010 09:50  
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Hi all,

How to check the CDP a/c?

Thanks for ya help!



ozone2002      ( Date: 12-Apr-2010 08:51) Posted:

I got allocated but not in cdp lei

how to sell like that..

ponzi scheme ah? take the money and don't give the share.,.



bigmice      ( Date: 11-Apr-2010 22:18) Posted:

for me, just check CDP, still not credited yet also....


 
 
ozone2002
    12-Apr-2010 09:46  
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PONZI scheme..

AnthonyTan      ( Date: 12-Apr-2010 09:40) Posted:



Anybody trying to call cdp phone to check whether

u r successful in cacha log. tech. shares??????Called for

2 days (SUN & TODAY) but unable to get through.

They asked u to key in 88 and leave a message and they

will call you within the next 24 hrs. The share will be traded

today 2 pm and the joke is they will call you within the

next 24 hrs. How to trade like this. Money oreli taken

from my POSB a/c.

 
 
AnthonyTan
    12-Apr-2010 09:40  
Contact    Quote!


Anybody trying to call cdp phone to check whether

u r successful in cacha log. tech. shares??????Called for

2 days (SUN & TODAY) but unable to get through.

They asked u to key in 88 and leave a message and they

will call you within the next 24 hrs. The share will be traded

today 2 pm and the joke is they will call you within the

next 24 hrs. How to trade like this. Money oreli taken

from my POSB a/c.
 

 
knightrider
    12-Apr-2010 09:31  
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From UOBkayhian broker :-

 

Cache Logistics Trust IPO: S$0.88                             BUY (TP: S$0.96-1.09)

Ramped up and ready to go     


We think Cache Logistics Trust (CLT) is priced right versus it peers at 8.7% yield and is 7.8x over subscribed. Apart from the large market share of 97% of ramp-up warehouses, there is a high barrier to entry. CLT has quality assets with high (above average) occupancy rates of 94.1%. Without a credit rating, CLT has a debt headroom of another S$100m before reaching its statutory limit of 35%. Assuming a 7-8% target yield (a discount to A-REIT), CLT should be valued at between S$0.96-S$1.09, or 9-24% above its IPO price of S$0.88. 

97.3% share of ramp-up warehouses with high barrier to entry.
 CLT owns 97.3% (by GFA) of ramp-up warehouses in Singapore. As ramp-up warehouses require large sites (>1ha) relative to conventional warehouses, the shortage of such suitable sites in land scarce Singapore, particularly in well-established locations, is a natural barrier to competing new supply.

Quality properties with high occupancy rate. 
The assets are well located in established logistics clusters, near air and sea transportation ports such as Changi Airport, Jurong Port and PSA Terminal. The assets currently enjoy a higher than average occupancy rate of 94.1% (industrial's average at 90%).
 

Ample room to gear up for acquisitions.
 CLT's current gearing is 25.9%, lower than most of its peers at 30-40%. As CLT does not have a credit rating, it is only allowed to gear up to a maximum of 35% (versus 60% with rating). Assuming 100% debt financing for new asset acquisitions, this leaves CLT with a debt headroom of ~S$100m. 

Priced right against peers.
 At S$0.88, CLT is priced at 8.7% yield, in between its peers trading yield of 7-11%. A-REIT trades at 7.1% FY10 yield (heydays at 6%) while Cambridge Industrial Trust trades at 11.2% yield (heydays at 7%). Assuming a 7-8% target yield (a 100bps discount to the larger A-REIT trading range of 6-7%), CLT should be valued at between S$0.96-S$1.09, or 9-24% above its IPO price of S$0.88. 
 
 
ozone2002
    12-Apr-2010 08:51  
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I got allocated but not in cdp lei

how to sell like that..

ponzi scheme ah? take the money and don't give the share.,.



bigmice      ( Date: 11-Apr-2010 22:18) Posted:

for me, just check CDP, still not credited yet also....

 
 
nickyng
    12-Apr-2010 07:53  
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short both CWT and Cache on start!! heee....huat ahh! :D

tonylim      ( Date: 11-Apr-2010 10:01) Posted:

Buy CWT now instead.  It should be surge above 1.20 when the reit is open for trading.

E-war      ( Date: 11-Apr-2010 09:55) Posted:



Aiyoh, Uncle AK, me also leh, 50 lots and didn't get one. haha... congrats to those who did!


 
 
E-war
    12-Apr-2010 02:11  
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Wah really all wnt to sell str away? Then I lookinf fwd to kop if px still ok. Haha...
 

 
AK_Francis
    12-Apr-2010 00:34  
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Ha ha, thats no blocking for any sell call for normal stocks alrd traded in SGX.

What I foresee the possible problems on new listing stock, ie when the stock code appears on the SGX listing, at 1400hrs sharp, or 30mins or more prior to 1400hrs? If it is going to list out at 1400hrs sharp, then whatever u enter the stock code for sell call in advance, system may prompt u Enter Wrong Code or other prompting such as "This stock will only list at 1400hrs" etc, just guesses la. 

The other possible problem could be bid size, ie if u think that the list px likely will surge 50%, then u may landed in the so-called max bid size constraint liao. System may prompt u wrong bid size loh.  Getting your broker clearing for u is better option. Wat else?

Ha ha, using ambush style loh. Get ready the online sell order, sell qty, set IPO px in d check box, type in password. Place d cursor at Submit Button, watch the listing px rolling, up or down, and key in the new sell px and click submit to end the transaction. Then marching to the bank liao.

Good luck, cheers.



Andrew      ( Date: 11-Apr-2010 21:08) Posted:

Your transaction will not be blocked. The cost ?

SGX Fine of min. S$1000 or 5% of transaction value + 2bid higher on T+4 + Interest to Broking Hse (216% pa. in my case....something like that)

I even screwed that last year in August.  Only recently SGX send me a warning and let me off the hook.........

So new SOP...........check all transaction half an hour before closing bell.......

 



AK_Francis      ( Date: 11-Apr-2010 17:12) Posted:



Need to confirm your Provisional Alloted shares r alrdy registered in CDP, before 1359 12 Apr 10, prior to do any trading.

Once u hv ascertained that your newly alloted shares are available in CDP, then u may Q to Sell, even before 1400 12 Apr, unless, somehow or rather, your transaction is being blocked. You need to determine your release px, ie 10%,20% up etc. Ha ha, free sparing for Shortist, that pm liao, esp if the px surges over 50%.

Good luck to those involve, cheers.


 
 
Andrew
    11-Apr-2010 22:42  
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The stock code is K2LU.

bigmice      ( Date: 11-Apr-2010 22:18) Posted:

for me, just check CDP, still not credited yet also....

 
 
bigmice
    11-Apr-2010 22:18  
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for me, just check CDP, still not credited yet also....
 
 
Andrew
    11-Apr-2010 21:08  
Contact    Quote!

Your transaction will not be blocked. The cost ?

SGX Fine of min. S$1000 or 5% of transaction value + 2bid higher on T+4 + Interest to Broking Hse (216% pa. in my case....something like that)

I even screwed that last year in August.  Only recently SGX send me a warning and let me off the hook.........

So new SOP...........check all transaction half an hour before closing bell.......

 



AK_Francis      ( Date: 11-Apr-2010 17:12) Posted:



Need to confirm your Provisional Alloted shares r alrdy registered in CDP, before 1359 12 Apr 10, prior to do any trading.

Once u hv ascertained that your newly alloted shares are available in CDP, then u may Q to Sell, even before 1400 12 Apr, unless, somehow or rather, your transaction is being blocked. You need to determine your release px, ie 10%,20% up etc. Ha ha, free sparing for Shortist, that pm liao, esp if the px surges over 50%.

Good luck to those involve, cheers.

 
 
Andrew
    11-Apr-2010 20:47  
Contact    Quote!

I was screwed many year ago by Mid Contintial.  It is in my SOP to check CDP before trading lor.

You are right, it is a conditional allocation.

To be technically correct, need to wait for official letter from CDP to confirm.

 

It is ever easier.....goto www.cdp.com.sg

Log In with your CDP account number and IC.



junction      ( Date: 11-Apr-2010 15:39) Posted:

Shortlisted not guaranteed to get right? 

Andrew      ( Date: 11-Apr-2010 15:18) Posted:

Hi all shortlisted CWT-ARA IPO lucky draw winners,

I would suggest you checked your CDP before trading.

I would usually sell off at 4.78 msec after board go ready.  But should I keep this for long long term.....hmmmm.

Anyway, trading will only start at 2pm April 12th....afternoon session.....

I just check CDP, still not credited yet......

Please comment.

 

 



 

 
koolsice
    11-Apr-2010 18:06  
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Its kinda weird that those who applied for fewer lots had a higher balloting ratio. Got lucky with 1 lot though. Gonna keep this one for long!
 
 
AK_Francis
    11-Apr-2010 17:12  
Contact    Quote!


Need to confirm your Provisional Alloted shares r alrdy registered in CDP, before 1359 12 Apr 10, prior to do any trading.

Once u hv ascertained that your newly alloted shares are available in CDP, then u may Q to Sell, even before 1400 12 Apr, unless, somehow or rather, your transaction is being blocked. You need to determine your release px, ie 10%,20% up etc. Ha ha, free sparing for Shortist, that pm liao, esp if the px surges over 50%.

Good luck to those involve, cheers.
 
 
junction
    11-Apr-2010 15:39  
Contact    Quote!
Shortlisted not guaranteed to get right? 

Andrew      ( Date: 11-Apr-2010 15:18) Posted:

Hi all shortlisted CWT-ARA IPO lucky draw winners,

I would suggest you checked your CDP before trading.

I would usually sell off at 4.78 msec after board go ready.  But should I keep this for long long term.....hmmmm.

Anyway, trading will only start at 2pm April 12th....afternoon session.....

I just check CDP, still not credited yet......

Please comment.

 

 



AnthonyTan      ( Date: 11-Apr-2010 12:30) Posted:



Alloted 5 lot.Hope can make some money for

coffee and wanton mee, hahaha


 
 
178investors
    11-Apr-2010 15:35  
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i give this ipo a thumbs-up. first trade opens at 0.98?
 
 
Andrew
    11-Apr-2010 15:18  
Contact    Quote!

Hi all shortlisted CWT-ARA IPO lucky draw winners,

I would suggest you checked your CDP before trading.

I would usually sell off at 4.78 msec after board go ready.  But should I keep this for long long term.....hmmmm.

Anyway, trading will only start at 2pm April 12th....afternoon session.....

I just check CDP, still not credited yet......

Please comment.

 

 



AnthonyTan      ( Date: 11-Apr-2010 12:30) Posted:



Alloted 5 lot.Hope can make some money for

coffee and wanton mee, hahaha

 
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