logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   161-180 of 200   Older>   Last  
Latest Forum Topics / CapitaLandInvest    Last:2.53    -0.03  Post Reply
Capitaland Investment Starts Trading 20th Sept 21
josemmm123
Master
20-Sep-2021 08:47     
 
josemmm123 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		looks like 2.92 opening = 2.92 + 0.951 + 3.1 = 4.18 (old capitaland)
 Useful To Me  Not Useful To Me
josemmm123
Master
20-Sep-2021 07:27     
 
josemmm123 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Opening Ceremony of the listing of CLI at 8.30am

zoom.us/j/95217633983
 Useful To Me  Not Useful To Me


Goldfinger
Supreme
19-Sep-2021 20:56     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		$2.54 can become $0.25 - this one is in self-destruct mode.  The companies with big Chinese property exposure would be the ones to watch.  Somehow, I think CapLand could be more into commercial developments.  Too bad - many property investors in China were too greedy to chase easy riches, especially in the first tier cities. 

Silo1234      ( Date: 19-Sep-2021 20:48) Posted:

--- Post Removed by User ---
 Useful To Me  Not Useful To Me
josemmm123
Master
19-Sep-2021 20:50     
 
josemmm123 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		I hope no one resorts to racism and personal attack in this forum ... If Lobster does it one more time, it may be a police case.
We are here to discuss and earn $$$, please do not resort to racism and personal attack.

Anywa HUAT to everyone.. tomorrow 8.30am there is opening ceremony for CLI at Capitaland facebook. All the best!

josemmm123      ( Date: 19-Sep-2021 20:47) Posted:

Looks like the other racist thread by Lobster has been deleted by Admin. I hope no one resorts to racism and personal attack in this forum
 Useful To Me  Not Useful To Me
josemmm123
Master
19-Sep-2021 20:47     
 
josemmm123 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Looks like the other racist thread by Lobster has been deleted by Admin. I hope no one resorts to racism and personal attack in this forum
 Useful To Me  Not Useful To Me


Goldfinger
Supreme
19-Sep-2021 20:45     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Shortists want to make money - best to place short bets on Evergrande - that ship sure gonna sink I think.  The problem is that once financial markets smell financial collapse, it becomes a self-fulfilling prophecy.  Unless there is State intervention or Hong Kong decides to suspend trading.  The Hong Kong market is going to be in trouble. Serious trouble.
 Useful To Me  Not Useful To Me
Goldfinger
Supreme
19-Sep-2021 20:31     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Hang Seng and Hong Kong market will be whacked black and blue.  PRC investors in the properties will be decimated.  The PRC Govt may have to mount a bail-out.  Doubt there will be great impact on SG counters - its a PRC-HK domestic problem.

Silo1234      ( Date: 19-Sep-2021 20:28) Posted:

--- Post Removed by User ---
 Useful To Me  Not Useful To Me
josemmm123
Master
19-Sep-2021 20:31     
 
josemmm123 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		haha,.,dun scare me.. like that tmr I better profit take 

lukewong82      ( Date: 19-Sep-2021 20:25) Posted:

When it really happens we will be looking at whole market crash liao  surprise  even mapletree also cannot avoid.
Just like in March 2020.devil

Silo1234      ( Date: 19-Sep-2021 20:17) Posted:

--- Post Removed by User ---
 Useful To Me  Not Useful To Me


lukewong82
Master
19-Sep-2021 20:25     
 
lukewong82 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		When it really happens we will be looking at whole market crash liao  surprise  even mapletree also cannot avoid.
Just like in March 2020.devil

Silo1234      ( Date: 19-Sep-2021 20:17) Posted:

--- Post Removed by User ---
 Useful To Me  Not Useful To Me
Ling9345
Master
19-Sep-2021 19:57     
 
Ling9345 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Don't use Pop Goes compare with Capitaland, is different standard and different management
 Useful To Me  Not Useful To Me
lukewong82
Master
19-Sep-2021 19:51     
 
lukewong82 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Mapletree, Keppel all also in China. So whats your point?angel

guiren      ( Date: 19-Sep-2021 19:19) Posted:

CapitaLand Group  in China market ?? You think Capitaland not affected ??
 

Pop Goes the Chinese Property Bubble?

Evergrande may become the biggest casualty but it won&rsquo t be the last.
 Useful To Me  Not Useful To Me
guiren
Veteran
19-Sep-2021 19:19     
 
guiren About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		CapitaLand Group  in China market ?? You think Capitaland not affected ??
 

Pop Goes the Chinese Property Bubble?

Evergrande may become the biggest casualty but it won&rsquo t be the last.
 Useful To Me  Not Useful To Me


lukewong82
Master
19-Sep-2021 18:17     
 
lukewong82 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		heart  load load load  yes  . Below $3 load load load...

Adrianinsing      ( Date: 19-Sep-2021 17:24) Posted:

9 am Monday- bring it on !   

Im ready to buy more below $3
 Useful To Me  Not Useful To Me
Adrianinsing
Elite
19-Sep-2021 17:24     
 
Adrianinsing About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		9 am Monday- bring it on !   

Im ready to buy more below $3
 Useful To Me  Not Useful To Me
lukewong82
Master
19-Sep-2021 15:52     
 
lukewong82 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin
CapitaLand Group CFO Mr Andrew Lim (right) shared that the management team will keep the dividend policy unchanged to give shareholders a familiar reference amid the current difficult operating environment. ==> right now stick to the old Capitaland' s 30% of profit, but once normality returns, dividend should increase to establish itself as a REIM different from the old Capitaland.

lukewong82      ( Date: 19-Sep-2021 15:41) Posted:

https://www.capitaland.com/international/en/about-capitaland/newsroom/news-releases/international/2021/jul/capitaland-engages-retail-investors-on-merits-of-restructuring.html

Prudent dividend policy    heart

On CLI&rsquo s dividend policy, Mr Lim said: &ldquo The management team has made the decision to keep our dividend policy unchanged for now, that is to declare a dividend of  at least 30% of our cash PATMI.  This is for two reasons.  One, to give our current shareholders, and hopefully shareholders of CLI going forward, a familiar reference.  Two, we are cognisant that we are emerging from a difficult operating environment caused by the pandemic.  We are in a period of recovery, which while positive, remains uncertain.  The management team has thus elected to maintain an unchanged dividend policy for CLI in the near term.  Assuming the recovery continues, and we return to a more normalised operating environment within the next 12 to 24 months, we will be able to review CLI&rsquo s dividend policy, to ensure that it accurately reflects the cash generating nature of a REIM.&rdquo


The 30% is temporary and adopted due to covid to safeguard the financial position. As and when economy recovers, they will review CLI' s dividend policy. So as many ppl mentioned, this is a long term keep and I hope they rump up the dividend sooner than later .cheeky

 

Goldfinger      ( Date: 19-Sep-2021 12:31) Posted:

Thanks - actually, I wish they would commit to paying more than 50% of profits, or even higher like a real REIT.  Otherwise, how much different is it really from the old Capitaland.
 Useful To Me  Not Useful To Me
lukewong82
Master
19-Sep-2021 15:42     
 
lukewong82 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Monday I am loading below $3  devil
 Useful To Me  Not Useful To Me
lukewong82
Master
19-Sep-2021 15:41     
 
lukewong82 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		https://www.capitaland.com/international/en/about-capitaland/newsroom/news-releases/international/2021/jul/capitaland-engages-retail-investors-on-merits-of-restructuring.html

Prudent dividend policy    heart

On CLI&rsquo s dividend policy, Mr Lim said: &ldquo The management team has made the decision to keep our dividend policy unchanged for now, that is to declare a dividend of  at least 30% of our cash PATMI.  This is for two reasons.  One, to give our current shareholders, and hopefully shareholders of CLI going forward, a familiar reference.  Two, we are cognisant that we are emerging from a difficult operating environment caused by the pandemic.  We are in a period of recovery, which while positive, remains uncertain.  The management team has thus elected to maintain an unchanged dividend policy for CLI in the near term.  Assuming the recovery continues, and we return to a more normalised operating environment within the next 12 to 24 months, we will be able to review CLI&rsquo s dividend policy, to ensure that it accurately reflects the cash generating nature of a REIM.&rdquo


The 30% is temporary and adopted due to covid to safeguard the financial position. As and when economy recovers, they will review CLI' s dividend policy. So as many ppl mentioned, this is a long term keep and I hope they rump up the dividend sooner than later .cheeky

 

Goldfinger      ( Date: 19-Sep-2021 12:31) Posted:

Thanks - actually, I wish they would commit to paying more than 50% of profits, or even higher like a real REIT.  Otherwise, how much different is it really from the old Capitaland.

lukewong82      ( Date: 19-Sep-2021 12:02) Posted:



CapitaLand Investment to bank on multiple engines for growth, Real Estate - THE BUSINESS TIMES

CAPITALAND Investment (CLI) will look at creating new products as it aims to achieve S$100 billion in funds under management (FUM) by 2024 and grow its lodging business to 160,000 units under management by 2023.

In an update on its proposed restructuring, its management said at a virtual briefing on Monday that it is confident of meeting those targets, which represent an increase from S$78 billion FUM and 123,000 units in 2020.

This growth will be driven by multiple engines - acquisition right of first refusal (ROFR) to CapitaLand Development&rsquo s pipeline of completed assets of up to S$7.6 billion, organic growth, CLI&rsquo s pipeline of real estate assets under management (AUM) of S$10.1 billion, as well as strategic acquisitions.

Touching on organic growth and acquisitions, group chief executive officer of CapitaLand Group, Lee Chee Koon, said: &ldquo Apart from deepening our own Reits, our private equity funds, we will also look at creating new products.&rdquo New Reit platforms is one aspect that CLI is keen on, to add to the existing six Reits. 

Mr Lee added: &ldquo If there are interesting asset managers that could have a strategic fit with us, that&rsquo s something we can look at."

In response to a question on whether CLI would venture into new asset classes, he pointed out that CapitaLand has already started moving into data centres. &ldquo If there are interesting opportunities where we can venture beyond the real estate side to some parts of infrastructure, we may, but the important thing is to make sure we have the right team and the capabilities in place,&rdquo he said. He also said there are plans to add headcount, especially in the fund-management space. 

In March, the property developer announced it was planning to divide its business into a privately-held development arm, and a new, listed unit (CLI) for its fund-management and lodging-management businesses as well as its real-estate investments. With AUM of about S$115 billion, CLI is expected to be the largest real estate investment manager (REIM) in Asia, and the third-largest listed REIM company globally. 

For every one CapitaLand share held, shareholders will receive one CLI share, S$0.951 in cash as well as 0.155 unit in CapitaLand Integrated Commercial Trust (CICT). The implied value per share for CapitaLand shareholders is S$4.102.

Shares in CapitaLand rose to S$3.88 on Monday after independent financial adviser Evercore Asia (Singapore) deemed its restructuring plan &ldquo fair and reasonable&rdquo in a letter dated  July 17.

The stock,  among the heavily traded counters on the Singapore bourse,  closed seven cents or 1.84 per cent higher, with 18.07 million shares changing hands.

According to the management, CLI&rsquo s pro forma net asset value for FY2020 works out to S$15.1 billion, of which S$1.2 billion comprises its fee income-related business and its real-estate investments, S$13.9 billion. Its FY2020 revenue and adjusted Ebitda stand at nearly S$2 billion and S$1.3 billion, respectively.

The targets of S$100 billion under FUM and 160,000 keys are reasonable and achievable, said RHB analyst Vijay Natarajan, given that the fund-management business has already been growing at a compound annual growth rate (CAGR) of 11 per cent between 2015 and last year,  and the lodging arm by a CAGR of 20 per cent between 2017 and last year.

Barring unforeseen market conditions, he expects CLI will trade closer to its initially stated net asset value (NAV) of S$2.82. As at March 31,    its NAV per share stood at S$2.934.

Mr Natarajan said: &ldquo There&rsquo s definitely room for upside potential, with the platform having full-stack investment and operating capabilities.&rdquo He added that the upside depends on how well CapitaLand executes its strategy. 

&ldquo In general, comparable global REIM peers are trading at hefty premiums to their book value and higher PE multiples than CapitaLand. The market likes this kind of recurring-income business in these kinds of conditions, especially in the Asia region, to where a lot of capital is flowing.&rdquo

CLI&rsquo s fee income-related business will comprise FUM of S$78 billion and lodging assets under management of S$27.7 billion, while its real estate investments comprise its stakes in listed funds with a S$7.7 billion market value and stakes in unlisted funds with a carrying value of S$5.5 billion.

Meanwhile, CLI will have a dividend policy of at least 30 per cent of annual cash profit after tax and minority interests (PATMI), while its annual capital recycling target will stand at S$3 billion. CapitaLand&rsquo s management said that CLI will aim to deliver a sustainable double-digit return on equity. 

In a note issued ahead of Monday morning&rsquo s briefing, Citi analyst Brandon Lee said that the issuance of major documents on CLI would be a &ldquo marginally positive event, as tangible ROFR from CapitaLand Development, IFA&rsquo s valuation verdict and incremental NAV are mitigated by the entire development expertise kept within CapitaLand Development,&rdquo among other things. 

In the letter to shareholders, IFA Evercore pointed out that under the planned scheme, shareholders would effectively own a direct stake in a company with lower leverage. CLI&rsquo s pro forma net debt-to-equity ratio is 0.56 times, compared to CapitaLand&rsquo s net debt-to-equity ratio of 0.68 times as at last Dec 31. 

CapitaLand has called for an extraordinary general meeting (EGM) on Aug 10 for shareholders to vote on the planned transaction. The independent directors have recommended that shareholders approve both a capital reduction exercise and a scheme of arrangement at the upcoming EGM.

 


 


 Useful To Me  Not Useful To Me
Goldfinger
Supreme
19-Sep-2021 12:31     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Thanks - actually, I wish they would commit to paying more than 50% of profits, or even higher like a real REIT.  Otherwise, how much different is it really from the old Capitaland.

lukewong82      ( Date: 19-Sep-2021 12:02) Posted:



CapitaLand Investment to bank on multiple engines for growth, Real Estate - THE BUSINESS TIMES

CAPITALAND Investment (CLI) will look at creating new products as it aims to achieve S$100 billion in funds under management (FUM) by 2024 and grow its lodging business to 160,000 units under management by 2023.

In an update on its proposed restructuring, its management said at a virtual briefing on Monday that it is confident of meeting those targets, which represent an increase from S$78 billion FUM and 123,000 units in 2020.

This growth will be driven by multiple engines - acquisition right of first refusal (ROFR) to CapitaLand Development&rsquo s pipeline of completed assets of up to S$7.6 billion, organic growth, CLI&rsquo s pipeline of real estate assets under management (AUM) of S$10.1 billion, as well as strategic acquisitions.

Touching on organic growth and acquisitions, group chief executive officer of CapitaLand Group, Lee Chee Koon, said: &ldquo Apart from deepening our own Reits, our private equity funds, we will also look at creating new products.&rdquo New Reit platforms is one aspect that CLI is keen on, to add to the existing six Reits. 

Mr Lee added: &ldquo If there are interesting asset managers that could have a strategic fit with us, that&rsquo s something we can look at."

In response to a question on whether CLI would venture into new asset classes, he pointed out that CapitaLand has already started moving into data centres. &ldquo If there are interesting opportunities where we can venture beyond the real estate side to some parts of infrastructure, we may, but the important thing is to make sure we have the right team and the capabilities in place,&rdquo he said. He also said there are plans to add headcount, especially in the fund-management space. 

In March, the property developer announced it was planning to divide its business into a privately-held development arm, and a new, listed unit (CLI) for its fund-management and lodging-management businesses as well as its real-estate investments. With AUM of about S$115 billion, CLI is expected to be the largest real estate investment manager (REIM) in Asia, and the third-largest listed REIM company globally. 

For every one CapitaLand share held, shareholders will receive one CLI share, S$0.951 in cash as well as 0.155 unit in CapitaLand Integrated Commercial Trust (CICT). The implied value per share for CapitaLand shareholders is S$4.102.

Shares in CapitaLand rose to S$3.88 on Monday after independent financial adviser Evercore Asia (Singapore) deemed its restructuring plan &ldquo fair and reasonable&rdquo in a letter dated  July 17.

The stock,  among the heavily traded counters on the Singapore bourse,  closed seven cents or 1.84 per cent higher, with 18.07 million shares changing hands.

According to the management, CLI&rsquo s pro forma net asset value for FY2020 works out to S$15.1 billion, of which S$1.2 billion comprises its fee income-related business and its real-estate investments, S$13.9 billion. Its FY2020 revenue and adjusted Ebitda stand at nearly S$2 billion and S$1.3 billion, respectively.

The targets of S$100 billion under FUM and 160,000 keys are reasonable and achievable, said RHB analyst Vijay Natarajan, given that the fund-management business has already been growing at a compound annual growth rate (CAGR) of 11 per cent between 2015 and last year,  and the lodging arm by a CAGR of 20 per cent between 2017 and last year.

Barring unforeseen market conditions, he expects CLI will trade closer to its initially stated net asset value (NAV) of S$2.82. As at March 31,    its NAV per share stood at S$2.934.

Mr Natarajan said: &ldquo There&rsquo s definitely room for upside potential, with the platform having full-stack investment and operating capabilities.&rdquo He added that the upside depends on how well CapitaLand executes its strategy. 

&ldquo In general, comparable global REIM peers are trading at hefty premiums to their book value and higher PE multiples than CapitaLand. The market likes this kind of recurring-income business in these kinds of conditions, especially in the Asia region, to where a lot of capital is flowing.&rdquo

CLI&rsquo s fee income-related business will comprise FUM of S$78 billion and lodging assets under management of S$27.7 billion, while its real estate investments comprise its stakes in listed funds with a S$7.7 billion market value and stakes in unlisted funds with a carrying value of S$5.5 billion.

Meanwhile, CLI will have a dividend policy of at least 30 per cent of annual cash profit after tax and minority interests (PATMI), while its annual capital recycling target will stand at S$3 billion. CapitaLand&rsquo s management said that CLI will aim to deliver a sustainable double-digit return on equity. 

In a note issued ahead of Monday morning&rsquo s briefing, Citi analyst Brandon Lee said that the issuance of major documents on CLI would be a &ldquo marginally positive event, as tangible ROFR from CapitaLand Development, IFA&rsquo s valuation verdict and incremental NAV are mitigated by the entire development expertise kept within CapitaLand Development,&rdquo among other things. 

In the letter to shareholders, IFA Evercore pointed out that under the planned scheme, shareholders would effectively own a direct stake in a company with lower leverage. CLI&rsquo s pro forma net debt-to-equity ratio is 0.56 times, compared to CapitaLand&rsquo s net debt-to-equity ratio of 0.68 times as at last Dec 31. 

CapitaLand has called for an extraordinary general meeting (EGM) on Aug 10 for shareholders to vote on the planned transaction. The independent directors have recommended that shareholders approve both a capital reduction exercise and a scheme of arrangement at the upcoming EGM.

 


 

Goldfinger      ( Date: 19-Sep-2021 10:22) Posted:

Any projection of the dividend yield of CLIM
 Useful To Me  Not Useful To Me
lukewong82
Master
19-Sep-2021 12:02     
 
lukewong82 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

CapitaLand Investment to bank on multiple engines for growth, Real Estate - THE BUSINESS TIMES

CAPITALAND Investment (CLI) will look at creating new products as it aims to achieve S$100 billion in funds under management (FUM) by 2024 and grow its lodging business to 160,000 units under management by 2023.

In an update on its proposed restructuring, its management said at a virtual briefing on Monday that it is confident of meeting those targets, which represent an increase from S$78 billion FUM and 123,000 units in 2020.

This growth will be driven by multiple engines - acquisition right of first refusal (ROFR) to CapitaLand Development&rsquo s pipeline of completed assets of up to S$7.6 billion, organic growth, CLI&rsquo s pipeline of real estate assets under management (AUM) of S$10.1 billion, as well as strategic acquisitions.

Touching on organic growth and acquisitions, group chief executive officer of CapitaLand Group, Lee Chee Koon, said: &ldquo Apart from deepening our own Reits, our private equity funds, we will also look at creating new products.&rdquo New Reit platforms is one aspect that CLI is keen on, to add to the existing six Reits. 

Mr Lee added: &ldquo If there are interesting asset managers that could have a strategic fit with us, that&rsquo s something we can look at."

In response to a question on whether CLI would venture into new asset classes, he pointed out that CapitaLand has already started moving into data centres. &ldquo If there are interesting opportunities where we can venture beyond the real estate side to some parts of infrastructure, we may, but the important thing is to make sure we have the right team and the capabilities in place,&rdquo he said. He also said there are plans to add headcount, especially in the fund-management space. 

In March, the property developer announced it was planning to divide its business into a privately-held development arm, and a new, listed unit (CLI) for its fund-management and lodging-management businesses as well as its real-estate investments. With AUM of about S$115 billion, CLI is expected to be the largest real estate investment manager (REIM) in Asia, and the third-largest listed REIM company globally. 

For every one CapitaLand share held, shareholders will receive one CLI share, S$0.951 in cash as well as 0.155 unit in CapitaLand Integrated Commercial Trust (CICT). The implied value per share for CapitaLand shareholders is S$4.102.

Shares in CapitaLand rose to S$3.88 on Monday after independent financial adviser Evercore Asia (Singapore) deemed its restructuring plan &ldquo fair and reasonable&rdquo in a letter dated  July 17.

The stock,  among the heavily traded counters on the Singapore bourse,  closed seven cents or 1.84 per cent higher, with 18.07 million shares changing hands.

According to the management, CLI&rsquo s pro forma net asset value for FY2020 works out to S$15.1 billion, of which S$1.2 billion comprises its fee income-related business and its real-estate investments, S$13.9 billion. Its FY2020 revenue and adjusted Ebitda stand at nearly S$2 billion and S$1.3 billion, respectively.

The targets of S$100 billion under FUM and 160,000 keys are reasonable and achievable, said RHB analyst Vijay Natarajan, given that the fund-management business has already been growing at a compound annual growth rate (CAGR) of 11 per cent between 2015 and last year,  and the lodging arm by a CAGR of 20 per cent between 2017 and last year.

Barring unforeseen market conditions, he expects CLI will trade closer to its initially stated net asset value (NAV) of S$2.82. As at March 31,    its NAV per share stood at S$2.934.

Mr Natarajan said: &ldquo There&rsquo s definitely room for upside potential, with the platform having full-stack investment and operating capabilities.&rdquo He added that the upside depends on how well CapitaLand executes its strategy. 

&ldquo In general, comparable global REIM peers are trading at hefty premiums to their book value and higher PE multiples than CapitaLand. The market likes this kind of recurring-income business in these kinds of conditions, especially in the Asia region, to where a lot of capital is flowing.&rdquo

CLI&rsquo s fee income-related business will comprise FUM of S$78 billion and lodging assets under management of S$27.7 billion, while its real estate investments comprise its stakes in listed funds with a S$7.7 billion market value and stakes in unlisted funds with a carrying value of S$5.5 billion.

Meanwhile, CLI will have a dividend policy of at least 30 per cent of annual cash profit after tax and minority interests (PATMI), while its annual capital recycling target will stand at S$3 billion. CapitaLand&rsquo s management said that CLI will aim to deliver a sustainable double-digit return on equity. 

In a note issued ahead of Monday morning&rsquo s briefing, Citi analyst Brandon Lee said that the issuance of major documents on CLI would be a &ldquo marginally positive event, as tangible ROFR from CapitaLand Development, IFA&rsquo s valuation verdict and incremental NAV are mitigated by the entire development expertise kept within CapitaLand Development,&rdquo among other things. 

In the letter to shareholders, IFA Evercore pointed out that under the planned scheme, shareholders would effectively own a direct stake in a company with lower leverage. CLI&rsquo s pro forma net debt-to-equity ratio is 0.56 times, compared to CapitaLand&rsquo s net debt-to-equity ratio of 0.68 times as at last Dec 31. 

CapitaLand has called for an extraordinary general meeting (EGM) on Aug 10 for shareholders to vote on the planned transaction. The independent directors have recommended that shareholders approve both a capital reduction exercise and a scheme of arrangement at the upcoming EGM.

 


 

Goldfinger      ( Date: 19-Sep-2021 10:22) Posted:

Any projection of the dividend yield of CLIM?

lukewong82      ( Date: 19-Sep-2021 10:11) Posted:

Reminds me of Semb Ind and Semb Marine    cheeky
There were some ppl who were thinking of selling SM to buy SI. But there were those stubborn self proclaim experts who urged not to sell SM. Now they must be crying. Those who sold SM and bought SI are laughing to the bank.

==> Semb Ind = CLI while Semb Marine = CICT to a certain lesser extend.
I see CLI having brighter future than CICT, that' s why I going to load up on CLI on Monday and not buying CICT.    enlightened
 Useful To Me  Not Useful To Me
lukewong82
Master
19-Sep-2021 11:57     
 
lukewong82 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		u win  cheeky

CLI = Liverpool and CICT = Man-U  wink

 

des_khor      ( Date: 19-Sep-2021 10:45) Posted:

Make no sense at all base on your prediction . SMM is losing money company and CICT is stable paying out dividend .

lukewong82      ( Date: 19-Sep-2021 10:11) Posted:

Reminds me of Semb Ind and Semb Marine    cheeky
There were some ppl who were thinking of selling SM to buy SI. But there were those stubborn self proclaim experts who urged not to sell SM. Now they must be crying. Those who sold SM and bought SI are laughing to the bank.

==> Semb Ind = CLI while Semb Marine = CICT to a certain lesser extend.
I see CLI having brighter future than CICT, that' s why I going to load up on CLI on Monday and not buying CICT.    enlightened
 Useful To Me  Not Useful To Me
                                                         First   < Newer   161-180 of 200   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.