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chengwh1 Elite	26-Jul-2017 23:09        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes,... I saw this notification too today,.... laksaman57      ( Date: 26-Jul-2017 22:29) Posted: Result release on 10Aug after trading hour 😃
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laksaman57 Supreme	26-Jul-2017 22:34        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Time to collect half year of dividends 💵 😄
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laksaman57 Supreme	26-Jul-2017 22:29        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Result release on 10Aug after trading hour 😃
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chengwh1 Elite	25-Jul-2017 15:22        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tq laksaman,... appreciated your inputs,... Frankly, I' m keen too,.... Going back to my earlier statements extracted from an earlier rep : Commencing August 2017, partial loan repayments in four quarterly instalments of & euro 1.275 million each will be made, with the remaining principal repayable on a bullet basis in July 2018. THis will reduce the Income Available for Distribution by that amunt. Taking the 1Q distributable income as a benchmark, 6.5m Euros minus 1.275m Euros = 5.225m Euros, left for paying out to unitholders starting from the quarter Jul to Sep 2017. A rough calcuation would see a 20% reduction in the dpu, hence 1.440 Euro Cts - 20%  = 1.152 Euro Cts left for payout per unit, all else remaining equal. I think the coming dpu payout in late-August will nor reflect the above activity yet. But the one next year - YES, surely the dpu will be impacted. Can wait for next year to buy, at ann' t time when the dpu is declared lower,.... for price to become better than the current All Time High.
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laksaman57 Supreme	25-Jul-2017 13:31        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lesson can be learn from other reit with low gearing that took bank loan (without burdening investors)to buy properties that is unproductive.
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laksaman57 Supreme	25-Jul-2017 13:27        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe IREIT can command a lower coupon rate for perpetual bond that does not reduce dpu. Depending on right issuance price, duo do not necessarily fall. Relative to sgp, I believe investors will gladly subscribe to any possible right issuance. Their present high gearing couple with good yield show that all loan taken are productive. chengwh1      ( Date: 25-Jul-2017 13:15) Posted: Yes,... I understand the quality of the property in Europe is better than what we have in SG in terms of tenure. But is the REIT has limited means to catch those properties, then it would make no difference at all. Pure Rights Issues will increase  no of units, this has a high chance of not increasing the dpu post-acquisition, or even worse, may lower the dpu,.... A Perp has to offer a sufficiently high coupon to attract purchasers, and higher coupon payments will increase the financing cost, hence, reducing the Distributable Income. Some REITs with high-gearing really has no way to move, and will remain quiet,  just continuing  to collect rental only. When lease expiries come along, they will hope for the best,... laksaman57      ( Date: 25-Jul-2017 12:40) Posted: Ireit provide investor exposure to freehold properties in Europe as compared to sgp short-land lease property. As long as prospect in Europe is growing, it's worth the high gearing and possible rights or perpetual bond issuance.
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limroy88 Member	25-Jul-2017 13:18        limroy88 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "yell what?"
x 0   x 0  Alert Admin	I-reit properties are in Germany. They may benefit from Brexit. Distribution has increased since from IPO 2 years ago becuase of last year' s acquisiton and bonus issue. Return is above 8% now.
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chengwh1 Elite	25-Jul-2017 13:15        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes,... I understand the quality of the property in Europe is better than what we have in SG in terms of tenure. But is the REIT has limited means to catch those properties, then it would make no difference at all. Pure Rights Issues will increase  no of units, this has a high chance of not increasing the dpu post-acquisition, or even worse, may lower the dpu,.... A Perp has to offer a sufficiently high coupon to attract purchasers, and higher coupon payments will increase the financing cost, hence, reducing the Distributable Income. Some REITs with high-gearing really has no way to move, and will remain quiet,  just continuing  to collect rental only. When lease expiries come along, they will hope for the best,... laksaman57      ( Date: 25-Jul-2017 12:40) Posted: Ireit provide investor exposure to freehold properties in Europe as compared to sgp short-land lease property. As long as prospect in Europe is growing, it's worth the high gearing and possible rights or perpetual bond issuance.
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laksaman57 Supreme	25-Jul-2017 13:05        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It's better to pay a higher rent in a high foot-traffic shopping centre than low rent in a poor foot-traffic centre.
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laksaman57 Supreme	25-Jul-2017 12:40        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ireit provide investor exposure to freehold properties in Europe as compared to sgp short-land lease property. As long as prospect in Europe is growing, it's worth the high gearing and possible rights or perpetual bond issuance.
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chengwh1 Elite	25-Jul-2017 11:10        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	After many years of REIT investing, one thing I discovered is even if conditions are very favourable in the environment where the REIT is operating in, but if the REIT has too high a gearing ratio, it still  wouldn' t be able to  move to  capitalise on  the opportunity.
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laksaman57 Supreme	25-Jul-2017 10:52        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.bloomberg.com/news/articles/2017-07-20/banks-face-frankfurt-space-shortage-on-brexit-bnp-paribas-says
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laksaman57 Supreme	25-Jul-2017 10:36        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://newjersey.news12.com/story/35952573/eurozone-growth-projections-revised-up-by-the-imf
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laksaman57 Supreme	20-Jul-2017 15:58        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Inching toward 0.78 😆
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laksaman57 Supreme	19-Jul-2017 12:47        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Momentum picking up ↗
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ShowMeMoneyp Member	15-Jul-2017 19:26        ShowMeMoneyp About Contact  Quote this Post!
x 0   x 0  Alert Admin	So after 4Qs the interest payment will be reduced and DPU would increase again,assuming NPI remains the same? Some people may just sell the shares as the DPU drops but it should rebound again to the current level again, all else remains constant.
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chengwh1 Elite	15-Jul-2017 16:59        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hence, the dpu will decline, but for a good reason,... Hmm,... how much will the gearing level drop after this 4 qtrs of pay-ups ? RogerTech      ( Date: 14-Jul-2017 16:37) Posted: Actually, it is not because of decling NPI -> not a concern at all as the $ is used to pay debt. If declining DPU is due to decling NPI, indeed we need to worry. chengwh1      ( Date: 13-Jul-2017 14:41) Posted: Tq Roger,... The 10%  income retained per qtr  amounts to  only 651,000 Euros, but the partial loan repayment per qtr starting from coming August comes to a whopping  1,275,000 Euro per qtr, ie about  twice the income retained. It is not enough for the 10% to cover,..... IREIT Global still needs to do a dvd cut,... don' t you think so, mathematically ?
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laksaman57 Supreme	14-Jul-2017 17:10        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.77 💪 high vol 📊
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RogerTech Member	14-Jul-2017 16:37        RogerTech About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually, it is not because of decling NPI -> not a concern at all as the $ is used to pay debt. If declining DPU is due to decling NPI, indeed we need to worry. chengwh1      ( Date: 13-Jul-2017 14:41) Posted: Tq Roger,... The 10%  income retained per qtr  amounts to  only 651,000 Euros, but the partial loan repayment per qtr starting from coming August comes to a whopping  1,275,000 Euro per qtr, ie about  twice the income retained. It is not enough for the 10% to cover,..... IREIT Global still needs to do a dvd cut,... don' t you think so, mathematically ?? RogerTech      ( Date: 13-Jul-2017 14:17) Posted: I believe: 1.44 SGD cents is the result of 90% payout
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laksaman57 Supreme	14-Jul-2017 16:27        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	LOGISTIC LOGISTIC LOGISTIC ... for e-commerce 👍
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