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prophetjul Master	19-Aug-2020 11:21        prophetjul About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sold 74.  pkli899      ( Date: 19-Aug-2020 11:01) Posted: Just now touched 74 briefly. Staying at 73.5 now. U sold? oldcoconut      ( Date: 18-Aug-2020 22:10) Posted: Thank u Sir. i m thinking of selling at buy price 0.73 tom.
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pkli899 Supreme	19-Aug-2020 11:01        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just now touched 74 briefly. Staying at 73.5 now. U sold? oldcoconut      ( Date: 18-Aug-2020 22:10) Posted: Thank u Sir. i m thinking of selling at buy price 0.73 tom. pkli899      ( Date: 18-Aug-2020 17:25) Posted: Wanton......u again! U working for Accordia Managment? I was the one who said that apart from the first distrbution of 92%, the rest are not guaranteed. When I said that, I meant 92% is confirmed can get in full. The rest 8% not guaranteed because we won' t get in full. The evil party can come up with plenty reasons to claim/cut, so how much of the 8% we will get is still unknown. Having said that, people are still buying at 73/73.5 because they knew there are still some profit to be made. 0.772 x 92% = 0.71 + 0.01128(from $12.4m special reserve)  + said 0.04(balance of 8% after deducting claims and expenses) Add these 3 up u will get approx. 0.76 (or more if we get more than 4 cents from the balanced 8%). Given the above, Oldcoconut, u may consider keeping it till delisted. U will likely make more. If not, u better sell now. Once, the $12.4m special reserve is given out, the price will not be at current level anymore
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oldcoconut Senior	18-Aug-2020 22:10        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank u Sir. i m thinking of selling at buy price 0.73 tom. pkli899      ( Date: 18-Aug-2020 17:25) Posted: Wanton......u again! U working for Accordia Managment? I was the one who said that apart from the first distrbution of 92%, the rest are not guaranteed. When I said that, I meant 92% is confirmed can get in full. The rest 8% not guaranteed because we won' t get in full. The evil party can come up with plenty reasons to claim/cut, so how much of the 8% we will get is still unknown. Having said that, people are still buying at 73/73.5 because they knew there are still some profit to be made. 0.772 x 92% = 0.71 + 0.01128(from $12.4m special reserve)  + said 0.04(balance of 8% after deducting claims and expenses) Add these 3 up u will get approx. 0.76 (or more if we get more than 4 cents from the balanced 8%). Given the above, Oldcoconut, u may consider keeping it till delisted. U will likely make more. If not, u better sell now. Once, the $12.4m special reserve is given out, the price will not be at current level anymore. Wanton      ( Date: 18-Aug-2020 14:26) Posted: All the talks about 0.71 cents (First payment) is sure and the rest isn' t, are  not commendable. Yesterday and today, you see 9 mil shares queuing to buy at 0.73, most of  those orders are from the funds, do you think they are stupid and reckless? To their calculation and estimation, they know high chance that  a decent profit can be made with 0.73 purchase price. a 3 cents profit translates to yield is 4%
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pkli899 Supreme	18-Aug-2020 17:28        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Indeed......hope this time round.....better out come for Sabana holders. Me included. Starship      ( Date: 18-Aug-2020 17:19) Posted: This sounds too familar to many of us here....... Sabana unitholders ask sponsor to sell stake in manager, seeking regulatory guidance TUE, AUG 18, 2020 - 8:50 AM A GROUP of Sabana Shari' ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) unitholders is " urgently" seeking guidance and support from regulators to stop the " potential severe conflict of interest issues" that they say are resulting from ESR Cayman' s controlling ownership of both Sabana Reit' s and ESR-Reit' s managers. In a letter sent to  the Monetary Authority of Singapore (MAS) and the Singapore Exchange  Regulation (SGX RegCo) on Tuesday,  over 50 minority unitholders, including fund managers  Quarz Capital and Black Crane Capital, stressed that they were " deeply concerned the Sabana Reit manager may have been conflicted and is not acting in the best interest of Sabana unitholders" . In Tuesday' s letter, the unitholders said they found it troubling that the Sabana manager' s actions during the one-year period before the proposed merger might have " significantly" depressed the real estate investment trust' s (Reit) valuation and unit price, and that the potential conflict of interest issues had culminated in what they described as a " suboptimal" bid offer by ESR-Reit. In response to Quarz,  ESR Cayman said last November that it was aware of possible conflicts of interest and had  put in place " strict internal controls" . The sponsor added that it had gone through a thorough process of setting up structures to prevent the sharing of information between both managers. After the two Reits unveiled their proposed deal, Quarz argued that  the implied  offer price was too low  as it represented a 26 per cent discount to Sabana' s book value. https://www.businesstimes.com.sg/companies-markets/sabana-unitholders-ask-sponsor-to-sell-stake-in-manager-seeking-regulatory
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pkli899 Supreme	18-Aug-2020 17:25        pkli899 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Wanton......u again! U working for Accordia Managment? I was the one who said that apart from the first distrbution of 92%, the rest are not guaranteed. When I said that, I meant 92% is confirmed can get in full. The rest 8% not guaranteed because we won' t get in full. The evil party can come up with plenty reasons to claim/cut, so how much of the 8% we will get is still unknown. Having said that, people are still buying at 73/73.5 because they knew there are still some profit to be made. 0.772 x 92% = 0.71 + 0.01128(from $12.4m special reserve)  + said 0.04(balance of 8% after deducting claims and expenses) Add these 3 up u will get approx. 0.76 (or more if we get more than 4 cents from the balanced 8%). Given the above, Oldcoconut, u may consider keeping it till delisted. U will likely make more. If not, u better sell now. Once, the $12.4m special reserve is given out, the price will not be at current level anymore. Wanton      ( Date: 18-Aug-2020 14:26) Posted: All the talks about 0.71 cents (First payment) is sure and the rest isn' t, are  not commendable. Yesterday and today, you see 9 mil shares queuing to buy at 0.73, most of  those orders are from the funds, do you think they are stupid and reckless? To their calculation and estimation, they know high chance that  a decent profit can be made with 0.73 purchase price. a 3 cents profit translates to yield is 4%
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Starship Supreme	18-Aug-2020 17:19        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	This sounds too familar to many of us here....... Sabana unitholders ask sponsor to sell stake in manager, seeking regulatory guidance TUE, AUG 18, 2020 - 8:50 AM A GROUP of Sabana Shari' ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) unitholders is " urgently" seeking guidance and support from regulators to stop the " potential severe conflict of interest issues" that they say are resulting from ESR Cayman' s controlling ownership of both Sabana Reit' s and ESR-Reit' s managers. In a letter sent to  the Monetary Authority of Singapore (MAS) and the Singapore Exchange  Regulation (SGX RegCo) on Tuesday,  over 50 minority unitholders, including fund managers  Quarz Capital and Black Crane Capital, stressed that they were " deeply concerned the Sabana Reit manager may have been conflicted and is not acting in the best interest of Sabana unitholders" . In Tuesday' s letter, the unitholders said they found it troubling that the Sabana manager' s actions during the one-year period before the proposed merger might have " significantly" depressed the real estate investment trust' s (Reit) valuation and unit price, and that the potential conflict of interest issues had culminated in what they described as a " suboptimal" bid offer by ESR-Reit. In response to Quarz,  ESR Cayman said last November that it was aware of possible conflicts of interest and had  put in place " strict internal controls" . The sponsor added that it had gone through a thorough process of setting up structures to prevent the sharing of information between both managers. After the two Reits unveiled their proposed deal, Quarz argued that  the implied  offer price was too low  as it represented a 26 per cent discount to Sabana' s book value. https://www.businesstimes.com.sg/companies-markets/sabana-unitholders-ask-sponsor-to-sell-stake-in-manager-seeking-regulatory
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oldcoconut Senior	18-Aug-2020 15:34        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks Buradin      ( Date: 18-Aug-2020 14:02) Posted: The prices should range around 0.73 and 0.735 unless something drastic happens. Not too sure if it will hit 0.75 in market conditions. More likely u will get that amount if you waited till the end.  All the best! oldcoconut      ( Date: 18-Aug-2020 13:35) Posted: ok than u. i buy at 0.64 10 000 shares. i intend to sell at 0.75 n also get the special reserve paynent first. Hopefully, the share p will not drop. Special payment only on 30 Nov
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oldcoconut Senior	18-Aug-2020 15:30        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank u for your advice. Starship      ( Date: 18-Aug-2020 14:29) Posted: pkli899      ( Date: 18-Aug-2020 14:04) Posted: Oldcoconut I know u since long time ago. Dun be too greedy. People are buying at 73.5 because they calculated at this price still got a little meat. No people will buy at 75 unless they know got competitive bid coming in or expecting an event that will results in better pay out. The special reserve of $12.4m is not part of the deal and was promised to be paid out sometime in Sept. When the sum is given away, the price will drop correspondingly. Do your own calculation, make a decision and act accordingly. It' s very easy to workout the pay out. The info is all there to help u. Dun expect spoon feeding. Money wouldn' t drop from sky without u working hard.
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Starship Supreme	18-Aug-2020 14:29        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	pkli899      ( Date: 18-Aug-2020 14:04) Posted: Oldcoconut I know u since long time ago. Dun be too greedy. People are buying at 73.5 because they calculated at this price still got a little meat. No people will buy at 75 unless they know got competitive bid coming in or expecting an event that will results in better pay out. The special reserve of $12.4m is not part of the deal and was promised to be paid out sometime in Sept. When the sum is given away, the price will drop correspondingly. Do your own calculation, make a decision and act accordingly. It' s very easy to workout the pay out. The info is all there to help u. Dun expect spoon feeding. Money wouldn' t drop from sky without u working hard.    oldcoconut      ( Date: 18-Aug-2020 13:35) Posted: ok than u. i buy at 0.64 10 000 shares. i intend to sell at 0.75 n also get the special reserve paynent first. Hopefully, the share p will not drop. Special payment only on 30 Nov
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Wanton Member	18-Aug-2020 14:26        Wanton About Contact  Quote this Post!
x 0   x 0  Alert Admin	All the talks about 0.71 cents (First payment) is sure and the rest isn' t, are  not commendable. Yesterday and today, you see 9 mil shares queuing to buy at 0.73, most of  those orders are from the funds, do you think they are stupid and reckless? To their calculation and estimation, they know high chance that  a decent profit can be made with 0.73 purchase price. a 3 cents profit translates to yield is 4%
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pkli899 Supreme	18-Aug-2020 14:04        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oldcoconut I know u since long time ago. Dun be too greedy. People are buying at 73.5 because they calculated at this price still got a little meat. No people will buy at 75 unless they know got competitive bid coming in or expecting an event that will results in better pay out. The special reserve of $12.4m is not part of the deal and was promised to be paid out sometime in Sept. When the sum is given away, the price will drop correspondingly. Do your own calculation, make a decision and act accordingly. It' s very easy to workout the pay out. The info is all there to help u. Dun expect spoon feeding. Money wouldn' t drop from sky without u working hard.    oldcoconut      ( Date: 18-Aug-2020 13:35) Posted: ok than u. i buy at 0.64 10 000 shares. i intend to sell at 0.75 n also get the special reserve paynent first. Hopefully, the share p will not drop. Special payment only on 30 Nov. Buradin      ( Date: 18-Aug-2020 11:54) Posted: What I meant was ppl are still buying up at the price of 0.735. But u need to wait in the sell que for it. The buy brick wall is at 0.73, if you cannot wait and want to sell it. If you can wait, can try sell que at 0.735 and wait patiently for it to fulfill. But if you want to get closer to the probable full payout, then may need to wait till a much longer time (as what  prophetjul  pointed out).
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Buradin Veteran	18-Aug-2020 14:02        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	The prices should range around 0.73 and 0.735 unless something drastic happens. Not too sure if it will hit 0.75 in market conditions. More likely u will get that amount if you waited till the end.  All the best! oldcoconut      ( Date: 18-Aug-2020 13:35) Posted: ok than u. i buy at 0.64 10 000 shares. i intend to sell at 0.75 n also get the special reserve paynent first. Hopefully, the share p will not drop. Special payment only on 30 Nov. Buradin      ( Date: 18-Aug-2020 11:54) Posted: What I meant was ppl are still buying up at the price of 0.735. But u need to wait in the sell que for it. The buy brick wall is at 0.73, if you cannot wait and want to sell it. If you can wait, can try sell que at 0.735 and wait patiently for it to fulfill. But if you want to get closer to the probable full payout, then may need to wait till a much longer time (as what  prophetjul  pointed out).
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oldcoconut Senior	18-Aug-2020 13:37        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	Profit if sellat 0.75, will be 1k. Buradin      ( Date: 18-Aug-2020 11:54) Posted: What I meant was ppl are still buying up at the price of 0.735. But u need to wait in the sell que for it. The buy brick wall is at 0.73, if you cannot wait and want to sell it. If you can wait, can try sell que at 0.735 and wait patiently for it to fulfill. But if you want to get closer to the probable full payout, then may need to wait till a much longer time (as what  prophetjul  pointed out).   oldcoconut      ( Date: 18-Aug-2020 10:52) Posted: i am waiting for announcement of special reserves payment. When will it be? also, the share price of 0.73 not moving for many days. why cannot wait? you mean wait for special reserve?
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oldcoconut Senior	18-Aug-2020 13:35        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok than u. i buy at 0.64 10 000 shares. i intend to sell at 0.75 n also get the special reserve paynent first. Hopefully, the share p will not drop. Special payment only on 30 Nov. Buradin      ( Date: 18-Aug-2020 11:54) Posted: What I meant was ppl are still buying up at the price of 0.735. But u need to wait in the sell que for it. The buy brick wall is at 0.73, if you cannot wait and want to sell it. If you can wait, can try sell que at 0.735 and wait patiently for it to fulfill. But if you want to get closer to the probable full payout, then may need to wait till a much longer time (as what  prophetjul  pointed out).   oldcoconut      ( Date: 18-Aug-2020 10:52) Posted: i am waiting for announcement of special reserves payment. When will it be? also, the share price of 0.73 not moving for many days. why cannot wait? you mean wait for special reserve?
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Buradin Veteran	18-Aug-2020 11:54        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	What I meant was ppl are still buying up at the price of 0.735. But u need to wait in the sell que for it. The buy brick wall is at 0.73, if you cannot wait and want to sell it. If you can wait, can try sell que at 0.735 and wait patiently for it to fulfill. But if you want to get closer to the probable full payout, then may need to wait till a much longer time (as what  prophetjul  pointed out).   oldcoconut      ( Date: 18-Aug-2020 10:52) Posted: i am waiting for announcement of special reserves payment. When will it be? also, the share price of 0.73 not moving for many days. why cannot wait? you mean wait for special reserve?
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prophetjul Master	18-Aug-2020 11:26        prophetjul About Contact  Quote this Post!
x 0   x 0  Alert Admin	" Please be very clear about it. We are defintely not getting the full $0.772 per units. 92% i.e. 71.02 cents is guaranteed. The rest is subject to claim and expenses incurred till delisting." 73.5 is about half way......you may get the rest a year later when they delist.    Even the 71 cents may be a distance off since they have to conclude the sales of the golf courses first.    oldcoconut      ( Date: 18-Aug-2020 10:52) Posted: i am waiting for announcement of special reserves payment. When will it be? also, the share price of 0.73 not moving for many days. why cannot wait? you mean wait for special reserve?
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oldcoconut Senior	18-Aug-2020 10:52        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	i am waiting for announcement of special reserves payment. When will it be? also, the share price of 0.73 not moving for many days. why cannot wait? you mean wait for special reserve?
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Buradin Veteran	18-Aug-2020 10:12        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is good demand at 0.735. Dont give in at 0.730. Just wait patiently.  This counter had come to an end for me, overall happy with the results. All the best to everyone vested and may u get the most out of this deal!
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Buradin Veteran	18-Aug-2020 10:09        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Decided not to wait and sold already. I was at the sell que for 1 week at 0.735, finally my turn to sell.
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prophetjul Master	18-Aug-2020 09:26        prophetjul About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone sold?  :)
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