First AGM for year 2016 !
<3
Tuesday, 9 August 2016
Pokemon GO
Past Saturday, a normal Saturday, something landed in Singapore.
Yes, Pokemon GO! like finally haha.
Haha no doubt, I played as well but I must say the game is really addiction. I even travelled out to catch them all ! and so this is the photo I took yesterday below my block.
Really shock of my life. I stayed here for 20 over years, I swear, I never see so many people gather at Teck Whye Garden almost everyday and every night even at late night.
Even Big player like CapitaLand launched #PokemonSTAR, which combines Pokemon GO with CAPITASTAR, allowing Pokemon Trainers to be rewarded with STAR$, redeem CapitaVouchers and recharge their phones in CapitaLand properties.
For more info, http://capitaland.com/pokemonstarYes, Pokemon GO! like finally haha.
Haha no doubt, I played as well but I must say the game is really addiction. I even travelled out to catch them all ! and so this is the photo I took yesterday below my block.
Really shock of my life. I stayed here for 20 over years, I swear, I never see so many people gather at Teck Whye Garden almost everyday and every night even at late night.
Even Big player like CapitaLand launched #PokemonSTAR, which combines Pokemon GO with CAPITASTAR, allowing Pokemon Trainers to be rewarded with STAR$, redeem CapitaVouchers and recharge their phones in CapitaLand properties.
I was thinking.... maybe I should just nibble some Nintendo's shares.
BUT how long can this game last?
Also there are still many countries have yet to launch the game (like china).
But Share price has already soar up.
Erm....
Anyway, below is my avatar in the Pokemon world as of 09/08/16.
See you around!
Suntec REIT: Proposed acquisition of an interest in Southgate Complex, Melbourne
finally manage to find some time to do some researching and blogging.
as the title suggest, this entry will be on Suntec REIT Proposed acquisition in Southgate Complex, Melbourne.
with reference to http://www.dexus.com/properties/details.aspx?id=174,
not sure about you but it sure sound like a good deal to me.
=)
Happy Investing,
Eric
The Southgate Complex is a freehold landmark office and retail property located on the Yarra River in the Southbank arts and leisure precinct of Melbourne.
Southgate's office towers provide high quality office accommodation with all levels offering large efficient and column free floor plates of 1,250 square metres with excellent natural light and views over the Yarra River, CBD and surrounds.
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The complex offers two high quality A Grade office towers, HWT Tower and IBM Centre, a three level retail plaza and two levels of basement car parking.
The Complex provides onsite parking and close proximity to all transport facilities including numerous bike paths and walking paths, creating a unique location to inspire creativity and corporate innovation.
The Complex provides basement shower and change facilities as well as bike racks to encourage a healthy work life balance.
Located in the heart of Melbourne's art and leisure precinct, tenants are spoilt for choice with direct access to retail amenities including an abundant range of food, fashion and specialty retailers fronting the Yarra River.
=)
Happy Investing,
Eric
Wednesday, 20 July 2016
Keppel Singmarine to build $100 mil worth of dredgers
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| In times like this, still being able to win contract. Come I clap for you. *Clap clap* |
Saturday, 9 July 2016
SPH REIT 3Q DPU up 0.7% to 1.36 cents
SPH REIT reports DPU in 3Q16 increased 0.7% to 1.36 cents on
the back of higher rental income achieved from Paragon.
One of thing I like about SPH REIT is its Good management. Although
SPH REIT has only 2 properties under its portfolio, the management has since been
trying hard on AEI to free up space to build more shops for rental. Below are examples.
“The Asset Enhancement Initiative involving the decanting of
Air Handling Units at Paragon are progressing well and we have secured
tenancies for all the newly created units ahead of its opening end of this
year,” says Susan Leng, CEO of SPH REIT Management.
“We have received strong demand from retailers for the
reconfiguration of Basement 1 at The Clementi Mall,” she adds. “The revamped
food cluster will be a refreshing destination for our shoppers.”
really hope SPH REIT will acquire Seletar Mall from its sponsor this year. had been saying this in their outlook presentation for many quarters. *disappointed
Keppel’s offshore and marine unit secures projects worth $120m
Keppel Offshore & Marine’s wholly owned subsidiary Keppel Shipyard has secured four contracts worth a total of about $120 million from repeat customers, says Keppel Corp in a aftermarket filing on Thursday.
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| it all started with a vision |
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| and today Keppel Shipyard @Tuas |
Viva Industrial Trust Initiate with BUY by OCBC
Reference from OCBC Investment Research
Viva Industrial Trust (VIT) is a Singapore-focused REIT which primarily invests in business parks and industrial real estate assets. The combined market valuation of VIT’s portfolio is S$1.2b, including its latest acquisition of 30 Pioneer Road in April, with the majority in business park assets (58.1%).
Looking ahead, we project VIT’s distributable income to increase by 27.0% in FY16 and 6.2% in FY17. DPU is expected to decrease 1.2% to 6.916 S-cents in FY16, before increasing 6.9% to 7.392 S-cents in FY17.
We value VIT using the dividend discount model (DDM) and derive a fair value estimate of S$0.75 (cost of equity: 9.0%; terminal growth rate: 0%). Based on yesterday’s closing price of S$0.705, VIT is currently trading at a forward FY16F DPU yield of 9.8% and a FY17F yield of 10.5%.
Viva Industrial Trust (VIT) is a Singapore-focused REIT which primarily invests in business parks and industrial real estate assets. The combined market valuation of VIT’s portfolio is S$1.2b, including its latest acquisition of 30 Pioneer Road in April, with the majority in business park assets (58.1%).
Looking ahead, we project VIT’s distributable income to increase by 27.0% in FY16 and 6.2% in FY17. DPU is expected to decrease 1.2% to 6.916 S-cents in FY16, before increasing 6.9% to 7.392 S-cents in FY17.
We value VIT using the dividend discount model (DDM) and derive a fair value estimate of S$0.75 (cost of equity: 9.0%; terminal growth rate: 0%). Based on yesterday’s closing price of S$0.705, VIT is currently trading at a forward FY16F DPU yield of 9.8% and a FY17F yield of 10.5%.
Wednesday, 6 July 2016
Maybank & Daiwa Rating for Sheng Siong Group
Maybank is keeping its “buy” call for Sheng Siong Group,
with a target price of $1.12
with a target price of $1.12
While Daiwa is sticking with its “outperform” rating
with a target price of 97 cents.
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dont need say much, just follow the above pic.
Thumbs up! haha |
DBS Group Research has started coverage of Manulife US real estate investment trust (REIT) with a buy recommendation and a target price of 91 cents.
Source from DBS Group Research
DBS Group Research has started coverage of Manulife US real estate investment trust (REIT) with a buy recommendation and a target price of 91 cents.
According to lead analyst Mervin Song, the REIT provides investors with the opportunity to invest freehold properties in US. Manulife’s initial portfolio includes three Class A or Trophy buildings, namely Figueroa in Los Angeles, Michelson in Orange County, and Peachtree in Atlanta.
Sunday, 19 June 2016
DBS initiates coverage on Jumbo at 'buy' rating with 68 cents price target
reference text from DBS
Jumbo Group (Buy, target price at 68 cents)
Following the group’s 1H16 performance that saw a 14% y-o-y revenue increase and 42% earnings growth, he says Jumbo is on track to record even higher core earnings growth for FY16F. “Jumbo’s business fundamental is strong and cash generative. Its margin has been higher than its regional peers, with strong net cash balance and close to 30% ROE,” reflects Yong. DBS projects an earnings growth of 27% for FY15-18F through the seafood restaurant chain’s rapid outlet growth and better profitability.
Secura Group Latest Acquisition
SECURITY solutions provider Secura Group said on Friday that its wholly-owned subsidiary Soverus Technology Pte Ltd had, on Thursday, entered into a sale and purchase agreement to acquire Red Sentry Pte Ltd for S$2.7 million.
Earlier, Secura Group also Signed a MOU With Union Of Security Employees, Unveils New Career Scheme For Its Security Personnel.
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