doesn't matter...

the money is always put to good use...

First the price was rising too fast. So yields were getting squeezed. It was my biggest holdings at the time.

I had Sabana, Aimscap(which also rose dramatically) and Cambridge at that time

Sabana, one of my old fav as well... it was yielding close to 9-10% if I remembered. I bot at 96.5 cents and sold at 1.11 ... I sold because i read one of the research report back then which said that many of Sabana's leases were expiring and mgmt didn't do enough to renew them pro-actively... hence the occupancy dropped and the dividend dropped accordingly as well...

This post has been edited by Vector88: Mar 31 2016, 01:10 PM

Yeah,, thats the other reason i sold as well....main leases was like 50% up in 2013/14 and they can't renew

i think i was receiving 12% divs yield as one stage

http://www.straitstimes.com/business/banki...002#xtor=CS1-10

SINGAPORE - Moody's Investors Service has lowered the credit rating outlook of Singapore's Big Three banks to negative from stable, citing concerns over the banks' asset quality and profitability.

The banks affected are DBS Bank, its parent DBS Group Holdings, Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB), Moody's said in a statement on Thursday (March 31).

Moody's said its revision reflects its expectation that a more challenging operating environment for banks in Singapore in 2016, and possibly beyond, will pressure the banks' asset quality and profitability.

"Moody's expects credit conditions for banks in Singapore will continue to weaken against the backdrop of slower economic and trade growth, both domestically and in the region," the rating agency said.

It said it expects that Singapore banks will report higher problem loan levels and will need to increase loan loss provisions, leading to lower bottom-line profitability.

But Moody's also noted that the Singapore banks have very strong buffers in terms of capital, loan loss provisions and pre-provision income. The banks' funding and liquidity profiles are also robust and there was also a "very high" probability of government support, if needed.

Moody's said as such it has affirmed the four banking groups' credit ratings. Rating outlooks provide an opinion on the likely rating direction over the next 12-18 months, and are assigned only to banks' long-term deposit, issuer and senior unsecured debt ratings.

Moody's currently rates DBS Bank, OCBC, and UOB at Aa1, the second-highest long-term rating possible. DBS Group Holdings is rated at Aa2, a notch below the other banks.

The report didn't seem to affect the bank stocks much today...

Has been watching this event at Ascendas Hospitality Trust (AHT) closely about another party willing to buyout ALL the assets of AHT. This event is similar in pattern to Saizen REIT's event which sold away all her assets to a Japanese Hedge Fund.

Received an update this morning that AHT has decided NOT TO SELLOUT to another party. AHT's managers will now work towards creating more value to security-holders and not to sell away the assets anymore.

Why are things like this ??? 'Don't want to work anymore' ? Too rich ??

Articles follows :-

Update Announcement

The REIT Manager and the Trustee-Manager (collectively, the “Managers”) refer to the announcements dated 23 December 2015, 23 January 2016, 23 February 2016 and 23 March 2016 informing stapled securityholders of A-HTRUST (the “Stapled Securityholders”) that the Managers were undertaking a strategic review of options for A-HTRUST following receipt of an unsolicited expression of interest relating to the possible acquisition (the “Transaction”) of all the stapled securities issued by A-HTRUST (the “Stapled Securities”), and that the Managers were in the process of evaluating proposals from various parties in relation to the Transaction (the “Proposals”).

The Managers wish to update Stapled Securityholders that after evaluating the Proposals, the Managers have decided not to proceed with, and have ceased all discussions in relation to, the Transaction.

The Managers will continue to work towards growing and enhancing the portfolio of A-HTRUST to deliver value and sustainable returns to Stapled Securityholders.

By Order of the Board
Mary Judith de Souza
Company Secretary
Ascendas Hospitality Fund Management Pte Ltd
(Company Registration No. 201133966D)
As manager of Ascendas Hospitality Real Estate Investment Trust

By Order of the Board
Mary Judith de Souza
Company Secretary
Ascendas Hospitality Trust Management Pte Ltd
(Company Registration No. 201135524E)
As Trustee-manager of Ascendas Hospitality Business Trust

5 April 2016

Looks to me like AHT will continue to want to dispose of the assets,... I wouldn't be comfortable holding AHT's assets for retirement, guys,... what do you think ?

and.. this morn i saw price -12%.... just wondering why???

this is scary...

lippo, first reit, now this ascendas.

are "foreign" sgx listed reits/trusts going sour?

Err,..Lippo and First REIT have their sponsors in Indonesia, and their assets mostly in Indonesia.

Ascendas HT has assets everywhere, a number in Australia,... I recalled, and an Aussie company expressed the EOI earlier - I recalled reading an article in the Australian Financial Review about this expression when I was there in February. The manager and the sponsor are both located in Singapore.

You forgot Saizen REIT - this REIT has all, I think of her assets in Japan,...and a Japanese hedge fund wanted to buy over,....

Lippo and First REIT wanted to shift out EARLIER, partly because of supporting their Gov't, but they have been quiet since,... whereas AHT and Saizen look to be like they are not too keen to operate the assets in the form of a REIT anymore.

I guessed some REITs (and stocks too) do phase-out after sometime. That's why we need to always keep our eyes and ears on the whole mkt in total,... having a macro view over everything. In this process,... perhaps ready to buy again another asset if need to.

i am still holding LIPPO MALL.. one of my huge negative cap reduction reits. Lippo Mall is the 1st REIT i bought when i open acc....In year 2013.. at 0.40 . Was enticed by its good yield. - However yield still good but cannot even cover capital loss. I was thinking so many assest under its wing cannot go wrong. Forgot to cost in .. RUPIAH!

anyone here use Lim & Tan broker?

philip securities better

current they offer me nominee acc without any handling fees and more important is transactions min $18

Be careful about nominee accounts,... you will have to apply to go for AGMs. For Standchart 'nominee' accounts, there is no minimum fee. Just 0.20% on top of the transactional amount.

DBS VICKERS SGD12 min. for buy. Sell SGD 25.00
direct CDP ac.

I heard the Cash Upfront minimum of SGD12.00 has expired on Mar 31....

I m using SC. No min fee. Just 0.2%. Good for a start.

Hi Hansel

What is d importance of attending AGM for small investor like. me?

SC is not convenient for me... so far i only have Philip , Lim & Tan and OCBC....