My buying price was 1.05+ so you see I don't need to add unless price drop drastically 

I am ok with my money earning 4-5%p.a+ while I wait.

Don't worry. The bond I select very stable. Hardly dive during "Nov-Dec Trump Tantrum"    (was shocked such an asset assist in SG). That's why foundation learnt in FSM MY thread really helps. Give you hint. Starts with P and is SGD-Hedge. Both FSM SG and Phillip got sell. Depend on who do you want to get it from.  

See this

Yellow = United SGD Fund Cl A Acc SGD
Red = Fullerton Asian Bond Fd Cl B SGD
Blue =   

Tq for all the comments earlier, bro,...

How do you mean by rental cannot be losing capital in your statements above ?

Before I give my points, bro,.. I just want to say that article abt Siloam Hospitals makes me feel really good,.... First REIT is my core holding,.. yeah,.. been with First REIT all these years,... but am not adding anymore,...

I think in principle,... if price up in a property, it will turn out to be unrealised loss,... AND if we wished to sell then, we may incur realised loss. Same with the REIT units, right ? If we are not selling (yet), no realised loss yet, right ?

In fact,... it's worse in certain places whereby, the banks will do mark-to-mkt readings of their loans regularly, and if the asset value falls below the loan value, the bank will ask the loanholder to top-up,... and ok,... if you buy shares with margin,... yes, same thing also.

In Msia, the banks don't monitor mark-to-mkt values, right ? Sorry don't know,... paid up all my loans already years ago !!!!! Never bought props in Msia anymore.

Update: Cromwell will now be holding 25.9% to 26.8% stake in the reit vs 12.7%

Thanks again for your pointers, Hansel.


b. I do not think that I can purchase 20 rights units to round off to 200 right units, again due to the limitation of 100 units of lot size.

Thanks for the advice. 

Any difference on investing in Malaysia or Singapore REIT?

What's the difference on the different brokerage? Are there risk involved like forex brokerage?

I am scratching my head over this .

Morgan Stanley has become substantial shareholder in Croesus!

I thought vote over? Apa Croesus drama some more?

Wait so if blackstone no money, then deal is off? Unlikely blackstone no money. Got money to make sub-par offer but got no money to buy? 

For another 2 odd cents of dividends?   

who want sell below 1.17?

Strange........

Bro Gark,... Excess Rights are FREE ? If we are allocated by the BOD, we will still need to pay the price of each Rights (Excess) unit allocated to us, right ???

That's what I do not understand. If the majority has voted to sell, how does one negotiate another deal??????    

Strange......like Gark mentioned. Only way is if the deal fails due to bidco unable to fulfil the pre conditions of sale eg funding.

Not necessary. Some broker still let you open without bank account by post but need everything to be verified by commisioner of oath/notary. Extra work.

Correction. CDP is useless to foreigners without SG address.
1) cannot apply for rights issue
2) cannot apply for preferential offering

So tell me again why do I need CDP?

How many bros and sis here going fro this IPO ? I've been banging my head on this IPO,...

Yeah,... have to agree here,... but investing without the capability to participate in RIs, Pref Offerings and Bonus Issues is diluting to us,... just a thought,..

Tq,... Cushman and Wakefled provided a more lively outlook instead,... 

If the Euro strengthens further as is anticipated to do so, we will collect more rental in the SGD,... now that the ECB and Mr Draghi is talking abt reducing the stimulus already,... if this REIT is denominated in the SGD,... then risks are higher on that yield forecast.

I am betting on the REIT price dipping BELOW 52 EUR,... this will guarantee some better yield subsequently,....