| Latest Forum Topics / Astrea V3.85%B29062 |
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Public Subscription period ending on June 18, 2019
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Qanghoo
Supreme |
15-Jun-2019 23:07
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" This product is only suitable for investors who: ....are prepared to lose their principal investment if the Issuer fails to repaythe amount due under the Class A-1 Bonds ......" In short, this is a very clear reminder from the Hyflux book. Lots of people do have short memories, don' t they?
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destinykraze
Elite |
15-Jun-2019 20:42
Yells: "Reality is only a matter of perception" |
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LMIRT' s bonds rating is quite bad though. The Reit received a corporate family rating of " Ba3" from Moody&rsquo s Investors Service, and an expected long-term issuer default rating of " BB" from Fitch Ratings Singapore. Both agencies gave a stable outlook. The notes are expected to be rated " Ba3" by Moody' s and " BB" by Fitch. It is also another high risk investment. Ba3 = stable end of the junk-bond rating spectrum
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Subaru2018
Senior |
15-Jun-2019 18:27
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3.85% only, some more not guaranteed by temasek.
Very risky, low return. like they say pee n pee, you die your business |
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chengwh1
Elite |
15-Jun-2019 17:22
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Yeah,.... V is NOT guranteed by anybody at all. At least for the upcoming LMIRT 250Mil USD Bonds, these are FULLY-GUARANTEED by Perpetual Asia, the Trustee. This one paying 7.25% summore....
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chengwh1
Elite |
15-Jun-2019 17:18
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Yes,... I would agree with destinykraze.... response would not be as good as before,... and furthermore, the public tranche this time is 30% more than the public tranche of IV. In short,... 1) lower coupon rate. 2) higher number of units.
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like2learn
Veteran |
15-Jun-2019 17:11
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i know to some i may be stating the obvious, but anyway, as stated in the first page of prospectus : https://www.astrea.com.sg/file/a5/resources/astrea-v-pte-ltd-final-prospectus-dated-11-june-2019.pdf " This product is only suitable for investors who: ....are prepared to lose their principal investment if the Issuer fails to repaythe amount due under the Class A-1 Bonds ......" dun think it' s guaranteed by Temasek too. Ok well, just like shares, stocks ..... but do note that it is 3.85% returns for the risk undertaken. Go in with eyes open. 
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destinykraze
Elite |
15-Jun-2019 16:06
Yells: "Reality is only a matter of perception" |
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You may get more because the current batch offer isn' t as good. IV rate was at 4.35%, V is 0.5% lower per year, at 3.85%. lesser applicants = more likely to get more from allocation.
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john_ric
Supreme |
15-Jun-2019 09:59
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i thk same thing to happen for v
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destinykraze
Elite |
15-Jun-2019 01:02
Yells: "Reality is only a matter of perception" |
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nobody knows. tip is to use family member accounts to apply multiple allocations. I expect majority of applicants to get some shares. downside for this type of allocation is that no matter the amount you applied for, you only get a tiny fraction of it. For Astrea IV, majority 78% gotten 4k-5k shares only.
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chengwh1
Elite |
14-Jun-2019 23:07
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How many are you guys applying for ? How many would be the standard allocation this time round ? For Astrea IV, it was just 4000 units alloted per applicant.... |
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