QUOTE(yok70 @ Jun 27 2012, 12:41 AM)
Thanks!
Based on Mopster master's calculation, at current price of around 8.00:
For every 1000 shares of Kassets,
we are getting 2430 cash + 5240 reit, so it's about 30% of cash.
(8000-2430)/5240 = 1.06 per unit of reit
dpu 0.077, so at 1.06 gross yield is 7.26%.
Which means, for Kassets holders, they will have to leave 30% of their cash with 0% interest until end of March next year.
The good side is that 70% of their investment will be turn into IGBReit shares by Sept this year.
Wondering at what price the reit's IPO price would be. If it's lower than 1.06/unit, then we are sort of losing in a way to look at it.
Please correct me if I were wrong.
We must remember Mid-Valley in Malaysia is one of the prominent retails mail in Malaysia.With Sp Setia development around Mid-Valley ..Near and Long term , it will benefit this IGB reit..Based on Mopster master's calculation, at current price of around 8.00:
For every 1000 shares of Kassets,
we are getting 2430 cash + 5240 reit, so it's about 30% of cash.
(8000-2430)/5240 = 1.06 per unit of reit
dpu 0.077, so at 1.06 gross yield is 7.26%.
Which means, for Kassets holders, they will have to leave 30% of their cash with 0% interest until end of March next year.
The good side is that 70% of their investment will be turn into IGBReit shares by Sept this year.
Wondering at what price the reit's IPO price would be. If it's lower than 1.06/unit, then we are sort of losing in a way to look at it.
Please correct me if I were wrong.
Jun 27 2012, 03:53 PM

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