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Construction Material & Bio-Medical Outsourcing
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chengwh1
Elite |
01-Feb-2016 20:02
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Sigh,...based on analysis, this is a good counter to hold-on to for the income. Now, some parties want to buy-over,.. this just throws a wrench into the gears. DPU grew, fundamentals look good too, well-diversified asset base. |
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ecekca
Elite |
28-Jan-2016 22:03
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Back to 0.765 i reckon its will be take over .... |
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ecekca
Elite |
22-Jan-2016 19:20
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Back to 0.74 I think end of the month, there will be bids put to ASCHT to consider Should sell off at least 1.1 to 1.2 P/B (0.792 to 0.86) |
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ecekca
Elite |
20-Jan-2016 19:38
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No idea too at least above 0.8 i think
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ruready
Supreme |
20-Jan-2016 08:08
Yells: "Follow the micro penny , May be this is the last train" |
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What price for Takever? Any ideal? | ||||
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ecekca
Elite |
19-Jan-2016 20:35
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Crazy day for Ascendas Another 2 interested (Starwood Capital and Fosun ) Total 4 keen Starwood Capital, Fosun Said to Consider Offers for AscendasStarwood Capital Group, the property investment firm, and Chinese billionaire Guo Guangchang&rsquo s Fosun International Ltd. are weighing bids for Ascendas Hospitality Trust, people with knowledge of the matter said. Starwood Capital, which manages about $45 billion of assets, and Fosun are studying the Singapore-based hotel owner and could submit offers as early as the end of January, the people said, asking not to be identified as the information is private. Blackstone Group LP and Hong Kong&rsquo s Gaw Capital Partners have also been considering bids for Ascendas Hospitality, which has a market value of S$844 million ($588 million), people with knowledge of the matter said earlier this month. Units of Ascendas Hospitality jumped 7.1 percent, the biggest gain since its listing in July 2012, to 75.5 Singapore cents at the close in Singapore. The weakening Australian currency and record tourist arrivals are boosting overseas investors&rsquo interest in the country&rsquo s hotel assets, according to Colliers International. Australia accounted for 56 percent of Ascendas Hospitality&rsquo s net property income for the quarter ended Sept. 30, followed by Singapore with 16 percent, according to a company presentation. &ldquo Australia has steady growth in inbound arrivals and new supply of hotels is slow, so it&rsquo s an attractive market for investors,&rdquo Akshay Kulkarni, director for Asia Pacific at CBRE Hotels in Singapore, said by phone Tuesday. &ldquo All the boxes are ticked from an investment perspective with steady growth in returns, capital appreciation and safety of investments.&rdquo Property DealsAscendas Hospitality said last month it&rsquo s reviewing strategic options after receiving unsolicited interest. A spokesman for Fosun declined to comment, while a spokeswoman for Ascendas Group said she couldn&rsquo t immediately comment. Calls to Starwood Capital&rsquo s Hong Kong office weren&rsquo t answered, and a U.S.-based representative for the investment firm didn&rsquo t answer calls outside regular business hours. Any offer for Ascendas Hospitality would add to the $8.9 billion in acquisitions of Singapore real estate companies and property trusts announced in the past year, according to data compiled by Bloomberg. Lone Star Funds agreed in October to buy Saizen REIT&rsquo s Japanese assets for 44.7 billion yen ($379 million). Ascendas Hospitality owns 11 hotels with 4,100 rooms in Australia, China, Japan and Singapore. Its properties include Novotel Sydney Central, Ibis Beijing Sanyuan and Park Hotel Clarke Quay, according to its website. It is backed by Ascendas Pte, which also runs a business park trust and an Indian property trust listed in Singapore. Starwood Capital, run by Barry Sternlicht, agreed last year to buy U.S. apartments from Equity Residential for $5.4 billion in its biggest acquisition of non-hotel properties. Starwood Capital and Milestone Apartments Real Estate Investment Trust said in October they will buy Landmark Apartment Trust Inc., an owner of multifamily properties in the southern U.S., in a deal valued at $1.9 billion. Fosun, which owns resort operator Club Mediterranee SA and a stake in Cirque du Soleil Inc., has businesses including insurance, pharmaceuticals and fashion. Its property portfolio includes the Lloyds Chambers office building in London and New York&rsquo s One Chase Manhattan Plaza. |
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ecekca
Elite |
18-Jan-2016 21:34
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Reckon it not attractive to take over at this price |
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ecekca
Elite |
15-Jan-2016 18:32
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Its hitting oversold level. If takeover not successful, it will go back to 0.6 level |
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ecekca
Elite |
15-Jan-2016 18:24
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Bad day ... Looks like there won' t be any takeover. Price has dropped from a high of 0.785 to 0.705 |
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ecekca
Elite |
15-Jan-2016 11:33
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Anyone has update on this? |
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ecekca
Elite |
12-Jan-2016 08:26
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From Bloomberg Blackstone, Gaw Capital said to weigh Ascendas Hosp Bids |
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ecekca
Elite |
11-Jan-2016 19:21
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Hit 0.765 but close at 0.75 Its really slow for them to do their strategic review |
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ecekca
Elite |
08-Jan-2016 20:25
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Push higher to 0.765 again Still no news |
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ecekca
Elite |
07-Jan-2016 21:04
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Takeover news linger. Expect to retest 0.785 again |
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ecekca
Elite |
06-Jan-2016 19:09
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Article say takeover price should be around 1.2 P/B which is roughly 0.8 I think it would be more than that |
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ecekca
Elite |
06-Jan-2016 12:02
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never subscribe to BT...:(
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Goldfinger
Supreme |
06-Jan-2016 11:35
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Only hard copy - pg 7 BT
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ecekca
Elite |
06-Jan-2016 09:19
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u have the article?
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ecekca
Elite |
06-Jan-2016:18
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Hit high of 0.785 today something brewing |
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Goldfinger
Supreme |
06-Jan-2016 08:11
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Good and interesting article in BT today - suggestions of several interested parties. Wonder why this appeared so much earlier in the Aussie papers, sigh.. | ||||
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