| Latest Forum Topics / CromwellReit EUR |
 Post Reply
|
|
Cromwell European REIT
|
|||||
|
johnng
Supreme |
25-Mar-2020 14:27
|
||||
|
x 0
x 0 Alert Admin |
should bounce back to 33cents later... | ||||
| Useful To Me Not Useful To Me | |||||
|
danger
Supreme |
21-Mar-2020 15:00
|
||||
|
x 0
x 0 Alert Admin |
CHEAP CHEAP | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
lawrence83
Senior |
21-Mar-2020 10:20
|
||||
|
x 0
x 0 Alert Admin |
Luckily hold onto the stock
|
||||
| Useful To Me Not Useful To Me | |||||
|
SmallSmall
Supreme |
20-Mar-2020 13:50
|
||||
|
x 0
x 0 Alert Admin |
All technicals including this one are all deeply deeply oversold with RSI touching uncharted territories. Hence when the green shoots appears all chartists big ans small will swarm in for the rebound. |
||||
| Useful To Me Not Useful To Me | |||||
|
SmallSmall
Supreme |
20-Mar-2020 13:38
|
||||
|
x 0
x 0 Alert Admin |
SHortists' are going to die ...... | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
LionInvestments
Member |
16-Mar-2020 15:29
|
||||
|
x 0
x 0 Alert Admin |
Although it' s clear Europe is going into a recession now for one or two quarters, I don' t expect much impact on the rental income of the REIT since they mostly have long term contracts indexed to inflation and large companies or the state as tenants. Maybe a bit of churn in their industrial portfolio, but only if this lasts longer. No debt to be refinanced neither. At current prices it is a very attractive entry point, yielding 10.5% in Euro. I am slowly accumulating, but not too fast: here is still risk of further price downside in case of margin calls, redemption calls by institutionals, etc... and if Wall Street tanks further this week (which is likely)...
|
||||
| Useful To Me Not Useful To Me | |||||
|
SteadyInvest
Member |
12-Mar-2020 19:20
|
||||
|
x 0
x 0 Alert Admin |
i think today it went lowest to 425 , but i dont dare to buy | ||||
| Useful To Me Not Useful To Me | |||||
|
LionInvestments
Member |
03-Mar-2020 17:41
|
||||
|
x 0
x 0 Alert Admin |
I also missed expanding my position since I had too low limit. There may be more buying opportunities in the next few weeks, since for the moment fear seems to be stronger than greed...
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
SteadyInvest
Member |
03-Mar-2020 11:42
|
||||
|
x 0
x 0 Alert Admin |
Ex div lower to 53 euro cts. I noticed that cromwell was down to 51 at one point and was very tempted to buy with div . However after considered that the covid virus has just started to spread in europe, i decided against . This morning italy 2036, germany 157, france 191, spain 114 , within 2 ~3 days the number already exceed singapore for months. |
||||
| Useful To Me Not Useful To Me | |||||
|
chengwh1
Elite |
29-Feb-2020 12:17
|
||||
|
x 0
x 0 Alert Admin |
As reported by Reitsweek :
CEREIT has since clarified that they do not have any logistics-related properties in Italy, and hence is relatively unscathed by these lockdowns. &ldquo Our key tenant in Italy however is the Italian government and I suspect they will continue to be our best tenant&rdquo , said CEREIT, alluding to the good relations that have been built between the two parties. The Italian government has also been very prompt in its payment of rents, and will usually pay in advance - further bolstering the REIT&rsquo s confidence in this market. ----------------------------------------------------- Good choice of properties made by the mgr !! And reported yesterday : Cromwell European REIT is acquiring a light industrial and logistics asset in Sangerhausen, Germany. The property is freehold, with 30,557 square metres of net lettable area, and features a yield of 6.3%. It is Cromwell European REIT&rsquo s second property of the type in Germany. It was constructed in 2017 and can be repositioned for a multi-tenanted strategy, if required. The purchase consideration for the property is EUR16.6 million (SGD25.0 million). This approximately 0.5% below its independent valuation. The property is fully leased to Euro Pool System International GmbH. And the lease is up to May 2024 on a double-net basis. The total cost of the acquisition is estimated to be approximately EUR18.2 million. And it will be funded from a combination of cash reserves or available undrawn debt facilities. The acquisition is not expected to have any material effect on the REIT&rsquo s net tangible assets. ------------------------------------------ Immedately after bro Lion' s comments abt acquisition,... 
|
||||
| Useful To Me Not Useful To Me | |||||
|
LionInvestments
Member |
27-Feb-2020 15:47
|
||||
|
x 0
x 0 Alert Admin |
Results slightly above my expectations of 4 Eurocents DPU. Challenge will be to continue to grow by finding attractively priced assets in Europe these days. Although they seem to have a good sourcing team, they will have to look hard to do more in Poland, maybe Slovakia, and some selected assets in France and Spain with further development potential. Maybe the Covid19 situation will create some opportunities in Italy too, although I doubt it will last long enough to affect the price expectations...
|
||||
| Useful To Me Not Useful To Me | |||||
|
chengwh1
Elite |
25-Feb-2020 21:59
|
||||
|
x 1
x 0 Alert Admin |
I must say good results for Q4 and FY19. MOre importantly,... the following paragraph,.... " The Manager intends to maintain the distribution payout ratio at 100% of annual distributable income for the year ended 31 December 2020 (&ldquo FY 2020&rdquo ) and is also giving consideration to paying quarterly distributions. The Manager will consult with investors and industry bodies to adopt semi-annual detailed financial reporting with quarterly operational and financial updates for the first and third quarters. " |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
chengwh1
Elite |
13-Nov-2019 19:02
|
||||
|
x 0
x 0 Alert Admin |
You may be right,... but based on my spreadsheets, I calculated their actual total dpu payout for FY2018 was 3.73 Euro Cts. Till end-September FY2019, the total (' already paid-out' + available) dpu payout = 3.05 Euro Cts. And there is this declaration by the trustee/mgr : c.&euro 248 million in accretive acquisitions during the quarter expanded income base and further diversified the portfolio as a result, the Manager now expects to exceed the FY 2019 IPO Forecast3 DPU of 4.02 Euro cents. At a minimum of 4.02 Euro Cts per unit payout, the dpu has been lifted by 7.77% from 3.73 Euro Cts last year.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Jamesbond007
Veteran |
13-Nov-2019 09:58
|
||||
|
x 0
x 0 Alert Admin |
I foresee big future problems in this reit due to its voracious appetite for acquisitions since its IPO. | ||||
| Useful To Me Not Useful To Me | |||||
|
bobchua001
Member |
12-Nov-2019 18:29
|
||||
|
x 0
x 0 Alert Admin |
Not pre market...they said during the course of the day, which means anytime before midnight tonight | ||||
| Useful To Me Not Useful To Me | |||||
|
prophetjul
Master |
12-Nov-2019 17:28
|
||||
|
x 0
x 0 Alert Admin |
What happened to the 3 qtr earnings report? It was supposed to be announced pre market today. | ||||
| Useful To Me Not Useful To Me | |||||
|
chengwh1
Elite |
13-Sep-2019 16:21
|
||||
|
x 0
x 0 Alert Admin |
Hehe,.... UBS adding stakes and buying more units again :- https://links.sgx.com/FileOpen/Cromwell%20-%20FORM3V2%20-%2009%20Sep%2019.ashx?App=Announcement& FileID=578247 See when they will sell-off again,... one week from now ??? |
||||
| Useful To Me Not Useful To Me | |||||
|
pkli899
Supreme |
11-Sep-2019 15:15
|
||||
|
x 0
x 0 Alert Admin |
 
|
||||
| Useful To Me Not Useful To Me | |||||
|
chengwh1
Elite |
11-Sep-2019 15:07
|
||||
|
x 0
x 0 Alert Admin |
Yes, tks bro,.... Need to start a blog already to create a ' nagging effect' to them and to new incoming listings,...
|
||||
| Useful To Me Not Useful To Me | |||||
|
pkli899
Supreme |
11-Sep-2019 10:06
|
||||
|
x 0
x 0 Alert Admin |
Aiyo, Chengwh1 meant he pressed for dividend to be paid quarterly to no avail.
|
||||
| Useful To Me Not Useful To Me | |||||