| Latest Forum Topics / Accordia Golf Tr |
|
|
<No Title>
|
|||||
|
Goldfinger
Supreme |
21-Dec-2019 15:05
|
||||
|
x 0
x 0 Alert Admin |
It was worse the past 2 years.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Starship
Supreme |
21-Dec-2019 14:37
|
||||
|
x 0
x 0 Alert Admin |
Thought I read somewhere it' s all freehold? Japan has shortage of land. Which means it' s all invaluable.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
laksaman57
Supreme |
21-Dec-2019 14:12
|
||||
|
x 0
x 0 Alert Admin |
Is dpu intentionally creatively kept low ?
|
||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
21-Dec-2019 13:59
|
||||
|
x 1
x 0 Alert Admin |
Setting a dangerous precedent for others to circumvent other reit/trust properties.
|
||||
| Useful To Me Not Useful To Me | |||||
|
limahping
Senior |
21-Dec-2019 11:53
|
||||
|
x 0
x 0 Alert Admin |
http://singaporeanstocksinvestor.blogspot.com/2019/12/accordia-golf-trust-buying-cheap-and.html?m=1 Post by blogger AK71. Like the sgx release and BT report, say like no say. Not his fault because really no information in the rubish sgx release. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
laksaman57
Supreme |
21-Dec-2019 10:09
|
||||
|
x 0
x 0 Alert Admin |
MBK = AGC = AGT mgr | ||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
21-Dec-2019 10:01
|
||||
|
x 0
x 0 Alert Admin |
"BORROWINGS
During the fiscal year, AGT entered into a new financing arrangement with two Japanese lenders to secure debt facilities of up to JPY44,925 million for a period of five years. As at 31 March 2019, AGT?s gross borrowings stood at JPY43,925 million, equating to a loan-to-value ratio of 30.4%"
|
||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
21-Dec-2019 09:53
|
||||
|
x 0
x 0 Alert Admin |
https://research.sginvestors.io/2019/04/accordia-golf-trust-cgs-cimb-research-2019-04-05.html?m=1
".... refinancing of Accordia Golf Trust's debts to just two lenders, Aozora Bank Ltd and Orix Corporation, management... ...on 14 Nov 2018, Orix Group announced that it would transfer its 39 golf courses to Accordia Golf Co " Orix Orix Orix 😒 |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Goldfinger
Supreme |
21-Dec-2019 09:31
|
||||
|
x 0
x 0 Alert Admin |
We should do our best to block this. Getting more better than getting less, hahahah. | ||||
| Useful To Me Not Useful To Me | |||||
|
mrwise
Supreme |
21-Dec-2019 09:24
|
||||
|
x 0
x 0 Alert Admin |
Just hold...the Olympic 2020 will be held in Japan. Will increase revenue!!! This should boost up its value....dont look at this on short term...think of the big picture | ||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
21-Dec-2019 08:55
|
||||
|
x 0
x 0 Alert Admin |
What an extremely poorly drafted press release. Market will be confused on Monday. But this is an opportunity I Guess. | ||||
| Useful To Me Not Useful To Me | |||||
|
JoeJordan
Member |
21-Dec-2019 08:20
|
||||
|
x 0
x 0 Alert Admin |
By buying just all the golf courses but not  AGT, isn' t AGC aka MBK trying to circumvent Takeover and Listing SGX Rules and Regulations? After all, what is AGT without all the golf courses after the buy out? The appraisal value of the 89 golf courses  is 144.7 billion Yen (S$1.91 billion) but yet AGC aka MBK is only offering S$783 mil plus debt, so my question is how much is the debt? AGC aka MBK is making a super low ball offer to buy up all the golf courses and is not acting in the interest of all unit holders of AGT. Besides, AGC aka MBK own 28.85% of AGT units and 49% of the Trustee-Manager. Shouldnt SIAS or SGX be  look into this??
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Sgvale
Supreme |
21-Dec-2019 07:04
|
||||
|
x 0
x 0 Alert Admin |
Golf courses lease lesser, that's why depreciating.? Just like our hdb? | ||||
| Useful To Me Not Useful To Me | |||||
|
Sgvale
Supreme |
21-Dec-2019 07:03
|
||||
|
x 0
x 0 Alert Admin |
Closing price before halt did not go up much. Insider no accumulation means difficult to up when inhalt..investors excite & worry for nothing due to halt
|
||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
21-Dec-2019 01:56
|
||||
|
x 0
x 0 Alert Admin |
Thanks but how do you derive this number?
|
||||
| Useful To Me Not Useful To Me | |||||
|
kinggeorge321
Member |
21-Dec-2019 01:13
|
||||
|
x 0
x 0 Alert Admin |
The offer price for AGT is $0.80. Based on last closing of $0.675, investors will get 18% above premium. |
||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
20-Dec-2019 23:32
|
||||
|
x 0
x 0 Alert Admin |
Remember IPO price was 97cents. Clever that they are buying the Golf courses and making is less obvious the losses for unit holders who bought at IPO and getting around the fair and reasonable offer price SGX rule.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
20-Dec-2019 23:05
|
||||
|
x 0
x 0 Alert Admin |
I may buy more around the 63-65 cents range. See how.
|
||||
| Useful To Me Not Useful To Me | |||||
|
kinggeorge321
Member |
20-Dec-2019 22:39
|
||||
|
x 0
x 0 Alert Admin |
Enjoy your holidays. I don' t think it will drop a lot. Maybe those short term or contra will sell on news at opening but the buying will resume. my guess is price will stay around this range until more clarity. so no loss. |
||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
20-Dec-2019 21:41
|
||||
|
x 0
x 0 Alert Admin |
Anyway - there will be EGM so can block block block. | ||||
| Useful To Me Not Useful To Me | |||||


