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ytthong1951
Member |
13-Mar-2019 11:52
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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That' s right! since they still ' ve some very good assets purchased when debts' re cheap. Without this, who' ll lend them US$1b, not a million reported by CNA. Wyeo. | ||
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Jamesbond007
Veteran |
12-Mar-2019 20:52
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Sell more assets to realise its rnta, and its share price wil play catch up. | ||
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ytthong1951
Member |
12-Mar-2019 16:01
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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Lippo Karawaci, despised even over here secures US$1b in funding -- CNA. Wyeo. | ||
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Starship
Supreme |
11-Mar-2019 15:29
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This is a dead stock. Alway has been. Completely controlled by CS ---- OUE Lippo Kawawaci |
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alidaud
Senior |
07-Mar-2019 11:14
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http://cakap.net/gann-square-of-9/?s=oue& cp=1.68 | ||
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ytthong1951
Member |
07-Mar-2019 11:02
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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The Los Angelus Busi. Journal values US Bank Tower at US$700 based on ppties sold there. CBRE values it at only US$650m, 31Dec.' 18 in SGX. I believe this gives Oue room to sell somewhere in between & still make substantial profit. This is just my prediction or guess just as I predicted that a deal ' ll be struck for the US-China trade dispute, leaving the most difficult issues to another day.The cost is too much for both & the world if the deal is delayed for too long. Wyeo. |
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ytthong1951
Member |
05-Mar-2019 09:05
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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1.US Bank Tower fr. SGX is US$650m buy price US$367.5m($459.3m). 2. Remaining OUE Downtown, buy price sh. be .469 x $870.5m = $408m -- latest valuation bySavills $610m. 3.Latest valuation of 13 healthc. facilities in Japan by Colliers ... $290 - $299m depending on the forex. Lead analyst, Joy Wang of Deutsch.. says its fund management platform could be worth $300 - $400m.to unlock its signific. assets in Indonesia & Malaysia. But first, it wants to clean up & go net cash. Wyeo. |
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ytthong1951
Member |
01-Mar-2019 09:38
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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No issue in paying its int. of $139m with net cash of $119m aft. operatn. Fall in rev. by 14.7% due to Twin Peaks winding down. Fall in profit by 89.4% due to one-offs.No problem in paying special div. of 11ct -- look at its cashfl. OCBC has this morning increasedTP to $2.32, so has Brokers' Recommendation to $2.60. No monkey business -- the valuation is done by professional valuers. Reit buyers need spare cash to buy rights issue to prevent dilution. Wyeo. | ||
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Ximi88
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28-Feb-2019 19:41
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If you wants to understand why it is giving out such generous dividends, you have to ask who owns OUE? Lippo. Lippo is suffering a cash crunch in Indonesia and thus Lippo needs the dividends. This is also the reason to divest OUE Downtown to OUE CT and resulting in massive shares dilution in the REIT counter. Personally, I will be very careful with Lippo related companies at this point of time.
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Ximi88
Member |
28-Feb-2019 19:18
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One other point is to look at the interest coverage ratio, which is ratio of the gross profit $103m to the interest expenses of $139m. It is a pretty bad number. Simply put, the company cannot even earn enough to pay for the loans interest. If the company is unable to increase its earnings, it has to quickly to reduce its debts before it is too late. |
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Ximi88
Member |
28-Feb-2019 16:10
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The current liabilities are $807m, of which borrowings alone make is $471m. Assuming it is able to rollover and refinance this $471m (at higher interest rates), it has to pay out $336m this year. Meaning it only has a mere buffer of $401m-$336m = $65m. If you look at the long term liabilities, borrowings alone make up $3b. Thus it will need to sell the US building to pay down debts. |
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Know-Your-Stuff
Senior |
28-Feb-2019 10:56
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Bro, net cash from operation is $119M. Cash on hand is $401M. This is much more that dividend pay out. so no concern to pay dividend lah. Future divestment is not accounted for yet. So more cash coming in. | ||
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ytthong1951
Member |
28-Feb-2019 09:26
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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Net Profit: $10m. Dividend Payment: 902m x 13cts = $117m. Where does it get the money to pay? It is a realised profit from selling 53.1% of Oue Dtown. The profit & AEI have been accounted for in past yrs & realised when it sold Oue Dt in' 18. From the special dividend, one can tell that the net profit is likely to be above $100m. The same will go for the US Bank Tower, the other Oue Dt.etc. From the buy & sell prices, one can tell that the profits are above $100m or more. At that kind of trading price, you ' re buying this ! Wyeo. |
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Starship
Supreme |
27-Feb-2019 09:41
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OUE fiscal 2018 earnings tumble 89.4% to S$10m WED, FEB 27, 2019 - 8:42 AM PROPERTY developer OUE Limited&rsquo s net profit for the full year ended Dec 31, 2018 has dropped to S$10 million, down 89.4 per cent from S$94.6 million the year before. This was mainly due to lower net fair value gains recognised on investment properties and impairment of goodwill relating to the group&rsquo s investment in OUE Lippo Healthcare Limited. This was partially mitigated by higher earnings before interest and tax (Ebit) for fiscal 2018, the group said in a regulatory filing on Wednesday. Earnings per share (EPS) dropped to 1.11 Singapore cents, down from 10.49 cents the year before. Meanwhile, net asset value per share was at S$4.37, compared with S$4.46 the year before. https://www.businesstimes.com.sg/companies-markets/oue-fiscal-2018-earnings-tumble-894-to-s10m |
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ytthong1951
Member |
27-Feb-2019 08:59
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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Dividends 12cts coming, 1ct already paid. Yield at $1.60 -- 8.125%. My prediction that It made at least $180m for selling 53.1% Oue D. is quite correct for its special dividend of 11c is c. $99m Its nav is still at $4.37 -- not bad. The next one coming is US Bank Tower. It' s bought at $459.3m & is valued presently at US$700m at comparable ppties sold there. Wyeo. |
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ytthong1951
Member |
25-Feb-2019 09:01
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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At $1.60, the mkt. is giving Oue a discount of 64% to its value. At the last audit, prime ppties (S' pore etc) made up c. 82% not to talk abt. prime land in gateway cities like Chengdu. Let' s give zero value to the latter, Oue still has 82% value. Lets say this value falls to 70% at the coming audit, its value is still 70% of nav. But the mkt is giving only 36% value. The discount is still too huge! Wyeo. |
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ytthong1951
Member |
21-Feb-2019 08:29
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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The market is predicting a deal to the US-China trade dispute which affects the market here considerably. This is reflected in the rise in the STI & its share prices. This also affects Oue' s sh. price favourably. I predict that a deal will be struck as both sides are keen for a deal seen in the flurry in negotiations & the readiness to extend the timelines. Once the deal is struck, Oue[s price will ' ve more leg up. William Yeo Tuan Thong. |
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ytthong1951
Member |
19-Feb-2019 09:02
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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My 1st catalyst is based on its sale price of $908m & its purchase price of .531 x $870.5 m fd in audited ' 17. My net profit is $180m or more for coming 4q. This is very substantial compared to its other q. Its nav is $4.30 to $4.50 depending on non-cash movement in its shs. This is not to talk about its 2nd catalyst -- the latest valuation is US$700m, not the US$600+m given below. Wyeo. |
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leehuatbigbig
Member |
18-Feb-2019 17:06
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Hi brother ytthong 1951 after read your good advice just brought another 10 lot to average down once again TYVM wish all huat big big togather. | ||
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ytthong1951
Member |
18-Feb-2019 15:33
Yells: "It 'll be about 2mths 23 days befor Oue reports its 4q'18. I" |
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Hi huat, I believe if you can average down to 1.70 or 1.80, it is still quite safe as long as the two catalysts mentioned are not yet priced in. OCBC' s last target price is 2.25, Deutsch' s $3 & the Brokers' Recommendation(BTO) 2.44. But pse don' t take me as an expert advisor, the tag was given to me. Wyeo. |
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