Yeah,... I think so,.... bro,... or close to this,... unfortunately for me though,... since it has dropped below my Average Buy Price,...

NOW,......... you are starting to see my reasonings,... 

Wait,... the Rights price is 69.5c,... maybe,... can buy at 68c or 67c,... 60c is too far down-lar,.... but 68c is also okay-mah, right ??

Bro wants spoon-feeding,... how to qualify with the 'sifu' title like this ??

Edited : Corrected spelling of 'bro',...

go analyse previous rights issue: CDL HOSPITALITY RIGHTS.

see price at announce.
price CR
price Ex Rights
Price when the rights floated...
http://foreverfinancialfreedom.blogspot.my...rust-cdlht.html
however for MANULIFE US price stay at .94

Cache log price however drop as maybe the $ is not use for yield prop but to reduce gearing..

I could not manage to get any at .80 or .81..yesterday. so i will wait for
after all the rights exercise to decide to enter again or not.

Third Level - This is when the mother share started trading ex-rights and the rights are being traded in the market. The rights are trading typically for someone who wants to dispose their entitled rights or someone who wants to get into the shares by buying the rights from the market.

Why are you guys thinking it will go down to 6o cents?  The rights issue is 41 for evey 100 at 69.5 cents

Therefore dilution is

(100x94+41x69.5)/141 = 86.87 cents

they are only using principles of HOPETOLOGY....

one can always HOPE.

This does not make sense.  Know why it is called 'rights'?

Yes, bro,... garnering a lot of attention,... and investors are starting to deliberate now in SG forums,... but too little allocation for SG retail investors, a lot for the Japanese public,... whylist in SGX then ?

Why not list in the Tokyo Exchange ?

This one is a super ROJAK REIT...1000 lease! Everything from all sectors also mashed together.. good property, ok property, bad property.     

Reminds me of  CDO before the financial meltdown.. putting in 1000's of good&bad mortgage can somehow turn into AAA rated bond. 

Ah.. well... time to find other counters.

When we get our money? 

Ada.. last month sudah recom.. 

Not much meat in reits nowadays.. 

Post #299 at the SG Reit thread.. 

No guarantees yah! 

Croesus exit deal is far better than many counters, especially those shitty deals in Malaysia where minority literally being fxxxed. We should be glad we have made our yields over the past few years and a last gift at such high market price. I am happy with this investment 

Not interesting enough ... i want at least 7.5% 

But hotung is not a reit, it is an incubation company... much more risky..

Hmm,... looks like everybody is hitting me this morning,....   

It's okay, I'll take it positively,... perhaps many investors also wanted to let go,... really don't know-lar,...

Anyway,...anybody heard anything about Mapletree Logs Trust's Preferential Offering ??

Yes that is one trick.. timing is tight. Even cheaper you buy RI from market and subscribe.. 

Usually during RI trading, the mother price will drop (people sell mother to buy + subscribe RI), the more unpolular the share the more it drops, so the RI will drop accordingly plus additional discount. Widest discount usually at 1-2 days after the RI start trading. There are lots of people not bothered or cannot afford to subscribe. We take advantage of this situation. 

RI subscription tho, will have limit if 14 days from RI trading, so you need to get the money ready. Can also subscribe for excess for even cheaper units.

After RI done, usually share price go back up.

The keyword is "usually" depends on the REIT, some can continue to go downhill.. good REITs expect less discount during RI.

I expect quite a bit of discount as the REIT is not performing too good.. 

1. Yes
2. No mother cannot apply excess. But you can still subscribe the rights you buy. Ask remiser.
3. Looks for the details, will announce once RI approved. U miss the dates, your RI become toilet paper. 
Dates U need to know :
Ex date for RI
Date RI start trading
Date RI cease trading
Last day for subscription
Date Listing of new units

4. Figures you need to know
Mother price = rights price + Subscription price (so you can calculate discounts  )
DPU after dilution from new units
Mother price adjustment after ex RI

Remember RI trading can be VERY VERY volatile..

Mother price = rights price + Subscription price (so you can calculate discounts  )
DPU after dilution from new units
Mother price adjustment after ex RI

You buy rights need money right (RI+subscription)... if you subscribe for excess no need pay for RI (just subscription).. get it?     

Excess not 100% can get one... or allocated only little, like IPO .. and your money can get stuck pending refund for up to 2 weeks.