I ask few days ago.... Think better wait and see

Lately IPO all go down

AIMS APAC REIT just fell off the cliff!

AIMS APAC REIT falls as much as 8.8% as sponsor sells 70.3 mil units
Stanislaus Jude Chan 16/10/2019, 4:20pm
SINGAPORE (Oct 16): Units in AIMS APAC REIT fell as much as 8.8% immediately after the lifting of a trading halt at 12.51pm, after an announcement that sponsor AIMS Financial Group had exercised the call option for 70.3 million units of AA REIT previously held by AMP Capital Investors and its affiliates.

Subsequently, AIMS has also undertaken a secondary placement of the sale units at $1.35 each to predominantly new investors including high quality institutional, sovereign wealth, family office and high net worth investors across Asia Pacific and Europe.

The placement exercise was carried out by Merrill Lynch (Singapore), DBS Bank, and Maybank Kim Eng Securities.

The sponsor says the call option and subsequent secondary placement was undertaken with the intention of helping AA REIT to diversify the investor base, enhance the investor profile, and to improve the trading liquidity of the units of AA REIT.

Units in AA REIT plunged 8.8% to $1.35 immediately after the announcement, before clawing up to $1.37 with 95.3 million units changing hands as at 4.13pm – some 11 cents lower than its closing price of $1.48 on Oct 15.

In a statement, AIMS says it has “consistently demonstrated its commitment to AA REIT” since becoming its sponsor in 2009, and has been steadily increasing its unitholding over the last 10 years.

“AIMS Financial Group reaffirms its long-term support to AA REIT and will ensure that it delivers sustainable and stable long-term returns to unitholders,” it adds.

https://finance.yahoo.com/quote/NOBL?p=NOBL

Try this

ProShares S&P 500 Dividend Aristocrats ETF (NOBL) 

How does it compare with SREITs?

I think if they the price of share can increase with its NAV, I do not mind a smaller dividend. Look at Berkshire
This is because the dividend is subject to the 30% tax, while capital appreciation does not attract taxes in U.S

I scooped some at 1.37.

Was wondering, who did hold OUE HOSPITALITY TRUST before the merger with OUE Commercial Real Estate Investment Trust ?

I got some OUE Hospitality and didnt't do anything abt it. They are not converted to OUE Com trust right?

Actually, without the queen, DPU estimate is 5.1 which at price of 56 cents yields 9.1%.

With the queen, the DPU is 5.6 yeilding 10%.

Very tempted to bite. Dividend yield in 12%. Even if you write off Queen marry is going to be ~10%.

The Singapore forums now discussing EHT property valuation ?

I already bit at 56 

Eagle 48 as we speak

Close at 47

PRESS lo