I wanted to invest much earlier however price did not match.
just as well, coz the price came tumbling down.
then i just bought some at .52 on 16 sept . So now thinking dispose.
As there is cap appreciation and they they not settled the accounting issues yet.

Hi,...if Silverlake has not settled the accounting issues yet, then it is a good time to do some trading now and take some profits while awaiting further. However, if the acct'g issues are settled via a report from the independent auditors appointed by Silverlake, then I believed the price of this counter would go up nearer to 90 cents. I have not followed this counter very much,... when is the independent auditor due to release the report of its findings ?

The thing that caught my eye about Silverlake was its recurring income stream after a software package has been sold, or an upgrade has been completed for a banking customer. Many large financial organizations in South East Asia use their software solutions.

I have started to buy-in into Keppel Corp today. Gotten-in at 7.28.... Couldn't resist it anymore.... At 7.28, the dividend yield is at 6.60% annually, paid twice a year. I will be receiving the first dividend payment round about the first week of May next year.

I am estimating even if the orders and the rig production processes run into problems, the dividend yield will drop to 6.00% at my Buy price. If Keppel should go down further, I will be able to average down.

Hansel, take a look at : Keppel Infrastructure Trust (A7RU)

100% owned by KEPPEL CORP.

What u think?

Keppel Infra Trust was formerly known as CitySpring Infrastructure Trust. This was the first trust that I invested in when I first started in the Singapore REITs sector many years ago. I invested into KIT (or CIT) when CIT first IPO'ed.

There were many problems. The unit price dropped, when I attended the AGM and asked questions, the CFO acted more like a lawyer than the board of directors explaining thing to the shareholders, etc,...

The unit price dropped badly, and the DPU was also reduced. I thought the trust was delisted till I heard recently that the Keppel Group bought it over.

Out of personal experience, I think I'll stay away from KIT (or CIT) for the time being, until I see clearer pictures ahead.

Lol,... I still remembered,... back then, we were always debating whether a REIT having zero or negative earnings per unit was able to give out dividends in a safe and consistent manner. CIT management was ALWAYS ADVOCATING that for a trust, the most important thing was cashflow, AND NOT earnings. Hence, having zero earnings was FINE for a REIT,.... The management was always saying it's all in the accounting treatment.

The unit price never appreciated and dropped all the way. I'm surprised that the Keppel group finally absorbed this trust into its family.

Managed to secure quite some lots of Keppel Corp today. Caught the lots at 7.24, the lowest price for today.

Edited by adding : I wouldn't be surprised if the earnings per unit today is near to zero or in the negative region. The rentals they collected could never yield net property income, I really haven't really studied why,.. but I think it's because of the characteristics of the assets that they hold.

This post has been edited by Hansel: Oct 19 2015, 07:17 PM

Frasers Centrepoint Trust :-

Quarterly report was released yesterday morning. In short, all metric were up, the DPU was higher compared to the same period last year and the suburban malls are looking good. Yield at current price = 7.18%.

Keppel Corp :-

Quarterly report was also released yesterday. All metrics were down, collection problem from a client in Brazil but still highly motivated. The price opened at 7.40 today, surprisingly, then dropped back to the lowest of 7.19. Couldn't catch any at 7.19 though, so bought at 7.25. Yield at current price = 6.62%. Still believed Keppel will come back.

I like Frasers Centrepoint Trust, own mostly suburban malls, should be more resilient in challenging times ...

Same here,...however drilling deeper down into the data, the only slight worrying matter pertaining to this trust is that Bedok Point may not perform, as seen from the data tables. The Occupancy Rate seems to be trending down in the three previous quarters, and rental revesion percentage is negative, which means the average rental collected has dropped compared to the figure from the leases signed three years ago. All the other five malls have postiverental reversions. Bedok Point seems to be dragging down the average figure...

Edited by adding : yeah,... forgot to add, Frasers Centrepoint Trust (FCT) also owns Hektar REIT of Msia. majority shareholder position, I think,... saw the holding position at Hektar REIT of 44%, opened to correction,...

If anything happens to Hektar REIT, it may drag FCT down with it,...

Are you keen on a good big-cap counter which has a good yiled at present ?

This post has been edited by Hansel: Oct 25 2015, 03:39 PM

Ya, any recommendations?

At this point in time, I spotted Keppel Corporation, BN4. Share price has been depressed because of oil price problems affecting their Offshore & Marine business segment. The management has taken this opportunity to right-size, and to streamline their operations.

What I like about their web presentation is when they said this : Throughout history, Keppel Corp has always survived through all economic cycles, and have always come out to be in better shape after the cycle has ended.

I love the way they do their reporting, via webcasts. What are your opinions ?

Thanks for the heads up... Will research more on this stock.

You are welcome,... awaiting your opinions,....

After almost one week since Keppel Corp reported her earnings, the mkt lost some faith on the words by the BOD. This is reflected by the drop in the share price to a low of $7.17 this morning.

In the meantime, crude price has dropped to USD43.30/bbl.

On my side. I wouldn't mind if Keppel's price drops till below $7.00.

Frasers Centrepoint Trust (FCT) stays at $2.00 and above for yesterday and today,... what that is worth noting is that FCT will begin its Asset Enhance Initiative on one of its malls, namely NOrthpoint Mall from March 2016.

The ROI record for FCT's AEI activities has been acceptable. I will be watching closely for the announced ROI target from the management for this AEI.

' QUOTE(cherroy @ Oct 28 2015, 08:35 AM)

I don't think oil price will stay low forever.

The further sliding down of oil price from current level, will "destruct" a lot of capital investment which could mean supply destruction for longer term future.

1-2 years staying low, highly possible, but don't think so for more than 5-7 years time frame.

It could be the repeating history of oil price during end of 1990's era, whereby oil price went nearly USD10/barrel, which if looked back, was the reason why there was super bull run of oil price 5-7 years later on.

*
it has been a year now.

not forever, not even 5 yrs - too far to see anything.

but <usd50 for another 2 yrs is likely.

world economic growth forecast slashed, slow china, slow europe.

drought, elnino, smog affecting se asia productivity, australian growth.
http://www.themalaysianinsider.com/malaysi...ity-says-report
http://www.bloomberg.com/news/articles/201...-up-heat-on-rba

oil storage very full, tankers idling at sea, q'in at ports, china big stockpiles.

no big "oil consumption engine".

the damage done is severe - loss of jobs, little capex now spent, oil/oil service cos. consolidating...

effect will be serious and long lasting.


i will not put my money on oil/energy at this time, local or foreign. more pain to come, imo.'

Based on the above comments by Cherroy and AVFAN from the other thread, we can see the sentiment is really causing Keppel Corp to drop further yeaterday (though holding at a low of 7.13 till now this morning).

I will remain steady,.... and stalking patiently to go in. This is the time to see how will Keppel's other businesses will do their part to offset the decline in their Offshore and Marine Business Segment.

PRICE STILL stablize at 7 plus.... u collecting?

Indonesia's Lippo to shift REITs from Singapore to Indonesia

http://www.thestar.com.my/Business/Busines...esia/?style=biz

Hi,... it looks like Keppel Corp has more to drop. I'll hold my bullets for now. In the meantime, Keppel has announced this evening that it has completed delivery for one unit of FELS rig for an entity in Saudi Arabia. This is one good piece of news.

Tq nexona,... this is news indeed. I wonder what the mechanism for the 'shift' would be. Is it to delist from the SGX followed by an IPO in the Jakarta Stock Exchange (JSE) ? Then the currency of holding will shift from the SGD to the Indonesian Rupiah...

Report didn't say anything in detail, but I guess like what u said or dual listing

If dual listing, then the hospital properties will be divided among the two REITs. DPU will be divided out... Either way, it 's not very good news for unitholders.