Back

Latest Forum Topics / UIBREIT    Last:0.79 --

Post Reply

UI Bousted Reit - UIBU Post Reply Rate topic
luckyguy3 Master	06-Jun-2026 00:52        luckyguy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Beansprout speak with Tan Shu Lin, CEO and Manager of UI Boustead REIT.  http://www.youtube.com/watch?v=FQh_k0u9xd4 Seems like the first dividend will be after March 2027. So  UIB pay out dividend annually? coco66      ( Date: 29-May-2026 12:39) Posted: Agree.   Just hope it doesn' t stay in 0.7 range from now till December this year when dividends issued. the longer the price remains depressed, the more concrete it becomes anchored as the perceived fair value to investors.   xx
Useful To Me  Not Useful To Me
tangsookiam1947 Master	05-Jun-2026 22:26        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	still stuck below 80 cents... JurongW      ( Date: 05-Jun-2026 19:37) Posted: Purchase of shares by Ammova Asset Management Asia  - read details below https://links.sgx.com/1.0.0/corporate-announcements/ANWPP7LT9K7BK0WU/891560__eFORM3V2_UIBREIT_Amova%20Asia_20260528%20FINAL.pdf
Useful To Me  Not Useful To Me
JurongW Elite	05-Jun-2026 19:37        JurongW About Contact  Quote this Post! Style: Combined   Mood: Yells: "Earnings give weight, Chart give wings"
x 0   x 0  Alert Admin	Purchase of shares by Ammova Asset Management Asia  - read details below https://links.sgx.com/1.0.0/corporate-announcements/ANWPP7LT9K7BK0WU/891560__eFORM3V2_UIBREIT_Amova%20Asia_20260528%20FINAL.pdf
Useful To Me  Not Useful To Me
Joelton Supreme	03-Jun-2026 12:56        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Citing stable yield and visible growth, Maybank initiates &lsquo buy&rsquo on UI Boustead REIT Maybank Securities analyst Krishna Guha has initiated a &ldquo buy&rdquo call on UI Boustead REIT (SGX:UIBU) as he sees the REIT having visible growth, coupled with stable yield. UI Boustead REIT&rsquo s portfolio of 23 assets in both Singapore and Japan spans across 5.3 million sq ft of net leasable area (NLA) and is well diversified across sub-sectors such as logistics, business space, Hi-spec industrial and general industrial. &ldquo Portfolio occupancy of 89.4% is expected to move to above 95% through lease-up of spaces in Japan. With a long WALE of 5.8 years, built-in rental escalations of 2.8% and occupancy uplift of 1.7%, the portfolio offers visible organic DPU growth of 4.8% for FY2027,&rdquo notes the analyst in his June 1 note. At the same time, the REIT&rsquo s sponsor and Boustead Projects have provided a growth pipeline worth US$5.9 billion, alongside other co-development opportunities. For one, the REIT manager has embarked on developing a logistics asset in Japan adjacent to an existing asset with a yield‑ on‑ cost of 4.8%, says Guha. Apart from the development pipelines, the REIT&rsquo s recent announcement that it has locked in electricity tariffs for three years is a positive sign as it can help mitigate volatility in operating costs. Based on the IPO projections and progressive stabilisation of upcoming asset enhancements, Guha predicts that UI Boustead REIT&rsquo s distribution per unit (DPU) could come in at 6.8 cents for FY2027 and 7.1 cents for FY2028. As such, he is initiating coverage on UI Boustead REIT with a &ldquo buy&rdquo recommendation and DDM-based target price of $1.03. &ldquo We believe the strategically located assets within established industrial clusters in Singapore and Japan, catering to reputable tenants in the high-tech and innovation-driven sectors will augur well for income resilience and organic growth,&rdquo says Guha. Furthermore, the sponsor&rsquo s expertise as a Pan-Asian industrial real estate platform provides access to inorganic growth. And of course, its valuations are deemed &ldquo attractive&rdquo compared to peers with 8.3% FY2027 yield and 0.93 times P/B ratio, he adds. As at 10.35am, Units in UI Boustead REIT are trading 0.5 cents higher, or 0.63% up at 80 cents.
Useful To Me  Not Useful To Me
chengwh1 Elite	02-Jun-2026 12:31        chengwh1 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Sorry bro,... I had mis-typings earlier, was attending Vesak Day events overseas. The answer is :  At 85c P/B ratio now and an all-time-low price of 76c ATL, YES, holding 77c now is definitely a great price. But you still need to average-up for this hldg to mean something substantial. prophetjul      ( Date: 30-May-2026 09:27) Posted: Hi Bro Do you think 77 cents is a good enough price for 1st entry? Bought some at this price.  chengwh1      ( Date: 29-May-2026 17:41) Posted: I' m not sure if UIBREIT will hold an AGM or not this July,.. I' ll attend it if they do and will listen closely from there. Otherwise,... the other way is to ask more questions abt this REIT at BSL' s AGM. Entry price must be good, bros,... whatever bad things or turnouts that happens to a stock/REIT can always be mitigated by a good entry price.....
Useful To Me  Not Useful To Me
tangsookiam1947 Master	30-May-2026 12:50        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	wait at 70 cents... the lower the better :) prophetjul      ( Date: 30-May-2026 09:27) Posted: Hi Bro Do you think 77 cents is a good enough price for 1st entry? Bought some at this price.  chengwh1      ( Date: 29-May-2026 17:41) Posted: I' m not sure if UIBREIT will hold an AGM or not this July,.. I' ll attend it if they do and will listen closely from there. Otherwise,... the other way is to ask more questions abt this REIT at BSL' s AGM. Entry price must be good, bros,... whatever bad things or turnouts that happens to a stock/REIT can always be mitigated by a good entry price.....
Useful To Me  Not Useful To Me
prophetjul Master	30-May-2026 09:27        prophetjul About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Bro Do you think 77 cents is a good enough price for 1st entry? Bought some at this price.  chengwh1      ( Date: 29-May-2026 17:41) Posted: I' m not sure if UIBREIT will hold an AGM or not this July,.. I' ll attend it if they do and will listen closely from there. Otherwise,... the other way is to ask more questions abt this REIT at BSL' s AGM. Entry price must be good, bros,... whatever bad things or turnouts that happens to a stock/REIT can always be mitigated by a good entry price.....
Useful To Me  Not Useful To Me
cowabunga Veteran	29-May-2026 22:29        cowabunga About Contact  Quote this Post!
x 0   x 0  Alert Admin	Imagine those who subscribed at IPO price and how they must be feeling right now.
Useful To Me  Not Useful To Me
chengwh1 Elite	29-May-2026 17:41        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I' m not sure if UIBREIT will hold an AGM or not this July,.. I' ll attend it if they do and will listen closely from there. Otherwise,... the other way is to ask more questions abt this REIT at BSL' s AGM. Entry price must be good, bros,... whatever bad things or turnouts that happens to a stock/REIT can always be mitigated by a good entry price.....
Useful To Me  Not Useful To Me
coco66 Member	29-May-2026 12:39        coco66 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree.   Just hope it doesn' t stay in 0.7 range from now till December this year when dividends issued. the longer the price remains depressed, the more concrete it becomes anchored as the perceived fair value to investors.   xx
Useful To Me  Not Useful To Me
chengwh1 Elite	29-May-2026 12:25        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If investors look clossely,.... FF Wong has increased stakes in UIBREIT recently,... and unfortunately, has laid-off BSL, at least for now. What this shows is he sees UIBREIT as having more value at current prices for him to dip into, compared to BSL. Investors will just need to wait for the dividends to come,... when the first payout is ann' d, the unit price will do the necessary. tangsookiam1947      ( Date: 28-May-2026 22:46) Posted: Boustead and FF Wong have skin in the game.... Alignment      ( Date: 28-May-2026 22:23) Posted: Agreed.
Useful To Me  Not Useful To Me
tangsookiam1947 Master	28-May-2026 22:46        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Boustead and FF Wong have skin in the game.... Alignment      ( Date: 28-May-2026 22:23) Posted: Agreed.
Useful To Me  Not Useful To Me
Alignment Elite	28-May-2026 22:23        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Agreed.
Useful To Me  Not Useful To Me
chengwh1 Elite	28-May-2026 18:24        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I held ESR too earlier,.. simply because with the biggest reason of ESR paying 4 times a year, and other characteristics looked to be acceptable but I took profit subsequently because of many reasons. One main reason I could recall was, just to put it in very simplistic terms : ESR was trying to swallow more than it could cope. I studied the acquisitions made by ESR,... and why the dpu was not accretive. It was very easy to see,... the third-party acquisitions did not really benefit ESR. The proforma values are not accurate for predicting future payouts post-acquisition because other factors will just come in subsequently to hammer-down the targetted payout which was illustrated by the proforma workout at point of acquisition. Back to this one : the acquisitions co-invested into together with the strong sponsor here is much more viable,... at least mathematically,... we can never tell the future. But of course, when things are CLEARED-UP, this wouldn' t be the price anymore !!!!!!!!
Useful To Me  Not Useful To Me
Alignment Elite	28-May-2026 09:56        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	I' ve already addressed your points in my previous post why the ESR comparison does not stick. Meanwhile. the reason the share price fell at IPO is the US Iran war started just after they priced the issuance. Almost all REITs share prices are lower today vs the start of the war. Good luck to you too on your investments. luckyguy3      ( Date: 28-May-2026 07:14) Posted: The manner and speed tat UIB is expanding mirrors that of ESR Reit. UIB reit announced 2 projects in less than 1 mth and less than 2 mths after listed. Gearing increase from 37.9% to near 40%. End results we will see in 1-2 years time. That was what happened to ESR Reit last time => Aggressive expansion and counting chicken before they were hatched ESR Reit everytime they announced projects they gave bombastic and optimistic statements like DPU accretive, shareholders value adding etc.. Compared to Sabana reit. Minimum expansion but able to maintain NTA and DPU through out the years. So I see some ESR  Reit image in UIB.. By the way ESR reit sponsor is one of Asia largest fund manager, definitely must bigger compared to Boustead. So I will stay far away from UIB reit,, If you start to see UIB Reit announcing more and more projects/deals in a such period of time and gearing going up, I think better be careful liao. Good luck There is a reason why the share price tanked after IPO Listing and never recovered. Perhaps the experts/insiders know what we don' t.  Alignment      ( Date: 28-May-2026 01:03) Posted: The chain of events that brought ESR REIT&rsquo s share price low these past few years was a) leveraging itself very aggressively (gearing ex perps of (if I remember correctly) close to 45% and including perps of over 50%), b) using that leverage to pay a full price for big deals (in particular Soilbuild REIT) c) then being caught in a vicious circle having to do dilutive rights issues at lower share prices once the market belatedly realised what had happened.  For me at least, it was clear once the Soilbuild deal was announced that this was inevitable for ESR REIT because once a) and b) happen then c) is largely locked in, albeit it was a slow motion car crash that took a few years to play out  The point I am making here is not to show off my predictive ability (because it is simple if you were convinced, as I was, that ESR REIT paid a full price for Soilbuild REIT), but that to predict c) you need to have a) and b). So far UIB have done two relatively small deals that in my view are excellent deals, which together increase gearing by only 2% to 40%, which is still more than 10% below ESR REIT' s gearing at its peak. UIB would need to do another 10 (TEN) similar sized deals to get to where ESR REIT was in gearing terms, and even then, a lot depends on whether these deals are good or bad (because if they are good then a revaluation up would lower the gearing). ESR REIT is definitely a case study of how a bad outcome eventuated over the past few years, but let' s not get confused by thinking that UIB is in the same situation.
Useful To Me  Not Useful To Me
luckyguy3 Master	28-May-2026 07:14        luckyguy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The manner and speed tat UIB is expanding mirrors that of ESR Reit. UIB reit announced 2 projects in less than 1 mth and less than 2 mths after listed. Gearing increase from 37.9% to near 40%. End results we will see in 1-2 years time. That was what happened to ESR Reit last time => Aggressive expansion and counting chicken before they were hatched ESR Reit everytime they announced projects they gave bombastic and optimistic statements like DPU accretive, shareholders value adding etc.. Compared to Sabana reit. Minimum expansion but able to maintain NTA and DPU through out the years. So I see some ESR  Reit image in UIB.. By the way ESR reit sponsor is one of Asia largest fund manager, definitely must bigger compared to Boustead. So I will stay far away from UIB reit,, If you start to see UIB Reit announcing more and more projects/deals in a such period of time and gearing going up, I think better be careful liao. Good luck There is a reason why the share price tanked after IPO Listing and never recovered. Perhaps the experts/insiders know what we don' t.  Alignment      ( Date: 28-May-2026 01:03) Posted: The chain of events that brought ESR REIT&rsquo s share price low these past few years was a) leveraging itself very aggressively (gearing ex perps of (if I remember correctly) close to 45% and including perps of over 50%), b) using that leverage to pay a full price for big deals (in particular Soilbuild REIT) c) then being caught in a vicious circle having to do dilutive rights issues at lower share prices once the market belatedly realised what had happened.  For me at least, it was clear once the Soilbuild deal was announced that this was inevitable for ESR REIT because once a) and b) happen then c) is largely locked in, albeit it was a slow motion car crash that took a few years to play out  The point I am making here is not to show off my predictive ability (because it is simple if you were convinced, as I was, that ESR REIT paid a full price for Soilbuild REIT), but that to predict c) you need to have a) and b). So far UIB have done two relatively small deals that in my view are excellent deals, which together increase gearing by only 2% to 40%, which is still more than 10% below ESR REIT' s gearing at its peak. UIB would need to do another 10 (TEN) similar sized deals to get to where ESR REIT was in gearing terms, and even then, a lot depends on whether these deals are good or bad (because if they are good then a revaluation up would lower the gearing). ESR REIT is definitely a case study of how a bad outcome eventuated over the past few years, but let' s not get confused by thinking that UIB is in the same situation.
Useful To Me  Not Useful To Me
Alignment Elite	28-May-2026 01:03        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	The chain of events that brought ESR REIT&rsquo s share price low these past few years was a) leveraging itself very aggressively (gearing ex perps of (if I remember correctly) close to 45% and including perps of over 50%), b) using that leverage to pay a full price for big deals (in particular Soilbuild REIT) c) then being caught in a vicious circle having to do dilutive rights issues at lower share prices once the market belatedly realised what had happened.  For me at least, it was clear once the Soilbuild deal was announced that this was inevitable for ESR REIT because once a) and b) happen then c) is largely locked in, albeit it was a slow motion car crash that took a few years to play out  The point I am making here is not to show off my predictive ability (because it is simple if you were convinced, as I was, that ESR REIT paid a full price for Soilbuild REIT), but that to predict c) you need to have a) and b). So far UIB have done two relatively small deals that in my view are excellent deals, which together increase gearing by only 2% to 40%, which is still more than 10% below ESR REIT' s gearing at its peak. UIB would need to do another 10 (TEN) similar sized deals to get to where ESR REIT was in gearing terms, and even then, a lot depends on whether these deals are good or bad (because if they are good then a revaluation up would lower the gearing). ESR REIT is definitely a case study of how a bad outcome eventuated over the past few years, but let' s not get confused by thinking that UIB is in the same situation.
Useful To Me  Not Useful To Me
chengwh1 Elite	27-May-2026 19:09        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok,... Tq for clarifying on your conceptual reply,... I' d also like to say tho' ,... that UIBREIT' s position is stronger compared to ESR' s, and the sponsor helps them closer and better in these endeavours, which will make the chances far higher in succeeding. luckyguy3      ( Date: 27-May-2026 17:01) Posted: I talking about the way UIB AGRESSIVELY doing all these " expansions" while increasing the gearing. They just barely listed and have not even reported their first financial results and they are on expansion spree.. reminds me of ESR Reit after acquiring Cambridge reit went on " expansions" spree.. VS Sabana more subtle approach of minimal expansion but focusing on maintaining operation and slowly increasing DPU aka focusing on the foundation. U know what happened next ESR Reit Vs Sabana... So UIB is acting like ESR, very agressive.. They should prove themselves first before expanding.. Just like ESR Reit, UIB is expanding without solidifying the foundation first ==> BIG RED FLAG   chengwh1      ( Date: 27-May-2026 16:24) Posted: ESR' s Tenants are not ' so established' ,... and ESR' s sponsor is not as strong as BSL
Useful To Me  Not Useful To Me
luckyguy3 Master	27-May-2026 17:01        luckyguy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I talking about the way UIB AGRESSIVELY doing all these " expansions" while increasing the gearing. They just barely listed and have not even reported their first financial results and they are on expansion spree.. reminds me of ESR Reit after acquiring Cambridge reit went on " expansions" spree.. VS Sabana more subtle approach of minimal expansion but focusing on maintaining operation and slowly increasing DPU aka focusing on the foundation. U know what happened next ESR Reit Vs Sabana... So UIB is acting like ESR, very agressive.. They should prove themselves first before expanding.. Just like ESR Reit, UIB is expanding without solidifying the foundation first ==> BIG RED FLAG   chengwh1      ( Date: 27-May-2026 16:24) Posted: ESR' s Tenants are not ' so established' ,... and ESR' s sponsor is not as strong as BSL. luckyguy3      ( Date: 26-May-2026 20:27) Posted: This reit beginning to sound like ESR Reit..
Useful To Me  Not Useful To Me
chengwh1 Elite	27-May-2026 16:24        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	ESR' s Tenants are not ' so established' ,... and ESR' s sponsor is not as strong as BSL. luckyguy3      ( Date: 26-May-2026 20:27) Posted: This reit beginning to sound like ESR Reit... coco66      ( Date: 26-May-2026 12:36) Posted: boustead reit itself will not receive any rental income for 2 years.   cost to be funded progressively over this so called " development" period of 2 years. So ya. 2 years is a long time for a reit to go either direction. too many people didn' t know this. Surprise.
Useful To Me  Not Useful To Me

                                                         First   1-20 of 133   Older>   Last