Back

Latest Forum Topics / Landmark REIT    Last:0.008    +0.001

Post Reply

Overview of Lippo Malls Trust Post Reply Rate topic
lawrence83 Senior	04-May-2020 17:19        lawrence83 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The drop is not big enough. If it can drop to 0.10. there is chance it may retest the new low.
Useful To Me  Not Useful To Me
vivacious Supreme	04-May-2020 12:45        vivacious About Contact  Quote this Post!
x 0   x 0  Alert Admin	am queuing at 136
Useful To Me  Not Useful To Me
WiseInvestor Elite	04-May-2020 11:36        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	Harder to fall.   WiseInvestor      ( Date: 04-May-2020 11:34) Posted: total abt 10 million lots purchase orders from 0.133 to 0.136 now.  total abt 2 million lots sell orders from 0.137 to 0.140
Useful To Me  Not Useful To Me
WiseInvestor Elite	04-May-2020 11:34        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	total abt 10 million lots purchase orders from 0.133 to 0.136 now.  total abt 2 million lots sell orders from 0.137 to 0.140
Useful To Me  Not Useful To Me
WiseInvestor Elite	04-May-2020 09:40        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	Except net unrealised exchange of $18m, the net distributable income is 4,9 cents for 1st Quarter. It is not bad!  1.2 cent DPU doesn' t matter at all even though some or many traders make noise about it as well as closed malls with no or little rental income. Do look beyond this 2nd quarter. Lippo Mall Indonesia Trust set aside a lot of cash just like some S-Reits. Today is 1 SGD to abt 10700 Rupiah. 100% sure this unrealised exchange of $18m will be reversed much as recognised in 2nd Quarter profit and loss.
Useful To Me  Not Useful To Me
linsong88 Senior	04-May-2020 09:05        linsong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	free fallllllll
Useful To Me  Not Useful To Me
laksaman57 Supreme	01-May-2020 19:59        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	ESR reit is still collecting rent and sgp govt support with property tax rebate.
Useful To Me  Not Useful To Me
laksaman57 Supreme	01-May-2020 19:45        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1Q20 rental revenue was $36,569,000 while property operating expense was $25,167,000 How sensitive will net property income be to fall in rental revenue ? " During this closure period, the Trust will not be collecting rental from its tenants. As the situation remains uncertain, it is currently difficult for the Manager to ascertain the full financial impact of the crisis on the financial performance of the Trust..." WiseInvestor      ( Date: 01-May-2020 15:50) Posted: The net distributable income amount is $14.5m (4.9 cents DPU) but 24% of this income to be distributed is 1.2 cents DPU. 76% of this income set aside for Covid-19 impact. This practice is similar to some or most REITS including ESR-Reit. Pls. note that unrealised exchange loss of $18m is Non-cash item, meaning not impacting on any cash flow from operation.
Useful To Me  Not Useful To Me
laksaman57 Supreme	01-May-2020 17:27        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	" Increase in cash and cash equivalents is mainly due to drawdown of S$40.0 million from the revolving credit facilities in March 2020" But why drawdown ?  WiseInvestor      ( Date: 01-May-2020 15:55) Posted: Cash balance as at 31 March 2020 improved significantly at $145m from $109m as at 31 Dec 2019. NPI of $39m contributed mostly thereto.
Useful To Me  Not Useful To Me
laksaman57 Supreme	01-May-2020 17:16        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	With the recent crude oil price crash, the state oil revenue will be negative impacted. Budget deficit will likely  increase and it will be very tough  to continue supporting its rupiah.  https://www.thejakartapost.com/news/2020/04/30/bank-indonesia-buys-us11-2b-in-govt-bonds-to-support-rupiah-financing-needs.html   " The currency has depreciated as much as 18 percent this year before bouncing back to the current level as the central bank moved to support the rupiah by buying government bonds from foreign investors as they dumped Indonesian assets over fears related to COVID-19. "
Useful To Me  Not Useful To Me
laksaman57 Supreme	01-May-2020 16:53        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	10179.40 is quite a conservative number being used by LMIRT for their 1Q20 profit/loss statement computation. Going into 2Q20, the exchange rate more likely to go up then down and coupled with drastically reduced or worst case, no rental revenue,  NPI will be disastrous. If not wrong, perpetual bond dividend is paid out semi annually which ikely in 2Q20. Very difficult to be optimistic about LMIRT future. Dyodd.   WiseInvestor      ( Date: 01-May-2020 01:11) Posted:  10179.40 refer to an average exchange rate over 3 months as reflected in profit and loss statement. I refer to almost 12000 using ST exchange rate as at 31 March 2020 as per Balance sheet. This refer to USD 250 senior note. As a result of USD stronger than SGD against Rupiah, there is unrealised foreign currency exchange loss of SGS 31.5 m. Hedge instrument helped much reducing to SGD 18m loss. Sadly, this already ate up whole stable net profit.  laksaman57      ( Date: 01-May-2020 00:13) Posted: Financial statement in page 2 of 9 indicated exchange rate used was 10,179.40
Useful To Me  Not Useful To Me
WiseInvestor Elite	01-May-2020 16:04        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	Unrealised exchange loss of $31m on US $250m Senior Note and $40m borrowing (for payment toward the acquistion of Lippo Mall Puri which will be completed by 31 Dec 2020) can increase to 42% gearing ratio from 35%. No worry,  MAS eased the gearing ratio to maximum 50% as MAS understand Covid-19 impact, including but not limited to foreign currency exchange.
Useful To Me  Not Useful To Me
WiseInvestor Elite	01-May-2020 15:55        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	Cash balance as at 31 March 2020 improved significantly at $145m from $109m as at 31 Dec 2019. NPI of $39m contributed mostly thereto.
Useful To Me  Not Useful To Me
WiseInvestor Elite	01-May-2020 15:50        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	The net distributable income amount is $14.5m (4.9 cents DPU) but 24% of this income to be distributed is 1.2 cents DPU. 76% of this income set aside for Covid-19 impact. This practice is similar to some or most REITS including ESR-Reit. Pls. note that unrealised exchange loss of $18m is Non-cash item, meaning not impacting on any cash flow from operation.
Useful To Me  Not Useful To Me
Joelton Supreme	01-May-2020 11:57        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	LMIRT&rsquo s Q1 DPU down 78.2% on cash conservation THU, APR 30, 2020 - 7:09 PM LIPPO Malls Indonesia Retail Trust (LMIRT) posted a 78.2 per cent drop in Distribution Per Unit (DPU) to 0.12 cents for the first quarter ended March. The DPU represents 24.1 per cent of the amount available for distribution of S$14.6 million. The decision to withhold the remaining income... https://www.businesstimes.com.sg/companies-markets/lmirt%E2%80%99s-q1-dpu-down-782-on-cash-conservation
Useful To Me  Not Useful To Me
lawrence83 Senior	01-May-2020 10:32        lawrence83 About Contact  Quote this Post!
x 0   x 0  Alert Admin	still waiting to bought in the stock again. Hope it can drop back to $ 0.10. As long rupiah dont further depreciate, then it is good to keep. The key issue Rupiah was unlike SGD is very volatile.
Useful To Me  Not Useful To Me
WiseInvestor Elite	01-May-2020 01:24        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	Just ignore unrealised loss on foreign currency exchange of $31 million related to USD 250m. No worry as today rupiah recover well, reversing unrealised loss by abt 70%. This great unrealised gain will be recognised in this 2nd quarter result. It translate to likely 5-6 cents DPU. Sure u will believe this if 10000 rupiah to 1 sgd occur as at 30 June 2020. Let the traders sell quickly by mistake in response to 1.2 cent DPU for 1st quarter
Useful To Me  Not Useful To Me
WiseInvestor Elite	01-May-2020 01:11        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	10179.40 refer to an average exchange rate over 3 months as reflected in profit and loss statement. I refer to almost 12000 using ST exchange rate as at 31 March 2020 as per Balance sheet. This refer to USD 250 senior note. As a result of USD stronger than SGD against Rupiah, there is unrealised foreign currency exchange loss of SGS 31.5 m. Hedge instrument helped much reducing to SGD 18m loss. Sadly, this already ate up whole stable net profit.  laksaman57      ( Date: 01-May-2020 00:13) Posted: Financial statement in page 2 of 9 indicated exchange rate used was 10,179.40 WiseInvestor      ( Date: 30-Apr-2020 23:41) Posted: I found out the root of the issue. This is loss of $18m foreign currency exchange which eat up whole normal and stable net profit comparable to last year's same quarter. As at 31 March 2020, Rupiah declined sharply to 12,000 per SGD from normal 9500 to 10,000 due to Covid-19 fear. Today it improved at 10800 per SGD If not for this foregin currency exchange loss, then there is normal DPU of about 4.8 SGD cent compared to 5.5 SGD cent last year's same quarter. No worry. For this quarter, there will be a great gain of foreign currency exchange of about $12m based on today's 10800 per SGD
Useful To Me  Not Useful To Me
Newbie85 Veteran	01-May-2020 00:29        Newbie85 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Vested in this. Gonna hold for a Long Long time Liao.....
Useful To Me  Not Useful To Me
laksaman57 Supreme	01-May-2020 00:13        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Financial statement in page 2 of 9 indicated exchange rate used was 10,179.40 WiseInvestor      ( Date: 30-Apr-2020 23:41) Posted: I found out the root of the issue. This is loss of $18m foreign currency exchange which eat up whole normal and stable net profit comparable to last year's same quarter. As at 31 March 2020, Rupiah declined sharply to 12,000 per SGD from normal 9500 to 10,000 due to Covid-19 fear. Today it improved at 10800 per SGD If not for this foregin currency exchange loss, then there is normal DPU of about 4.8 SGD cent compared to 5.5 SGD cent last year's same quarter. No worry. For this quarter, there will be a great gain of foreign currency exchange of about $12m based on today's 10800 per SGD
Useful To Me  Not Useful To Me

                                                         First   < Newer   861-880 of 1690   Older>   Last