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Will be accumulating as planned....Now you don't sing any up song first. Kwai Kwai....Later will need you accordingly. Muhahaha 😀 🙏
Haha when you are blurred as a sotong, of course your face will always be as red as lobster la....
Seven early eight early today, when price was $2.11, you quickly crawled out from your hole to dance like a xiao ting tong.. What happen in the end? More like sotong to be grilled....
The more you tried so desperately to show how right in your nonsensical prediction and factor in theory, the more malu you becomes. Truly a xiao ting tong.
Seven early eight early today, when price was $2.11, you quickly crawled out from your hole to dance like a xiao ting tong.. What happen in the end? More like sotong to be grilled....
The more you tried so desperately to show how right in your nonsensical prediction and factor in theory, the more malu you becomes. Truly a xiao ting tong.
Face as red as a Lobster. 😎
Relax.....LOL
A disappointing day.. shopping bag very empty.
Daytime saw 2.12, thought ' lai liao, queuing and hope can buy cheaper soon' .
But that' s it, 2.12 no more and now back to 2.15 unchanged.
Daytime saw 2.12, thought ' lai liao, queuing and hope can buy cheaper soon' .
But that' s it, 2.12 no more and now back to 2.15 unchanged.
invest8 ( Date: 10-Nov-2021 15:39) Posted:
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After one Xiao nan was suaned by me for talking about price being factored in after results were out and predicted price will drop to $2.09, not once but twice, now he talking about square emotions and triangle. From 22 Oct when results was announced price was $2.13. After that, it had been climbing and climbing until it hit its intraday day high of $2.19 two days ago, Today it closed unchanged at $2.15 with more than a million shares buy up at the matching close. So what " already factored in" is this xiao nan talking about? This morning, when the stock, like the whole of the market as well as the general REITS market, was softening, he came out beating his chest and screaming in big capital letters how right he was ( that the price is retracting, as he had predicted) ...but.when the stock was chlimbing and/or holding steady for past two weeks, he was like a balless mouse hiding it its hole.
Moral of the story, if if you dont about a stock, let alone the market, don' t talk like macham you know the BBS....because it' s one BigBS.
Moral of the story, if if you dont about a stock, let alone the market, don' t talk like macham you know the BBS....because it' s one BigBS.
Festive seasons coming.. besides SG famous Orchard Road and the neighbourhood malls, the stock market is a good place to buy some goodies at a bargain.
Shopping bag is ready, only worry now is no chance to buy at a bargain..
Shopping bag is ready, only worry now is no chance to buy at a bargain..
AS EXPECTED....PRICE RETRACT, HOPEFULLY TO 2.09. DON'T BE TOO EMOTIONAL AND STRONG HEADED. LOL.....
HOWEVER....COMING DEC/JAN, THERE MIGHT BE BIG MOVEMENTS AS IT'S SYSTEMATICAL TRIANGLE IS ENDING. JUST SHARING 😎
Lobster ( Date: 02-Nov-2021 23:12) Posted:
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some think that us interest rates are going to raise soon.
yes right. but it will be as late as possible rather then soon.
reason. us national debt almost usd 29t. their interest budget few years ago was 200+b now is
400+b. what i can see is they are trying to hold down rates to issue those long bond 10,20,30
years at low low rates so as to help reduced grow of their interest budget. expiring 30 years bond
are 7.8+%.
they have been able at that. usd index has go up to 94+ istead of going down when they
borrow more and more.
what about inflation? shouldn' t that cause them to increase rates? yes inflation will help
them out of their deep debt. if inflation is high, hopefully everything goes up, tax goes up, so relatively debt will be small ....
what about gold? should it not go up? so far gold price looks well managed. it is no more the only hedge against inflation. today we have tips, crypto, and even stocks. to hedge against inflation.
so my eat full full any how talk only. dyodd.
yes right. but it will be as late as possible rather then soon.
reason. us national debt almost usd 29t. their interest budget few years ago was 200+b now is
400+b. what i can see is they are trying to hold down rates to issue those long bond 10,20,30
years at low low rates so as to help reduced grow of their interest budget. expiring 30 years bond
are 7.8+%.
they have been able at that. usd index has go up to 94+ istead of going down when they
borrow more and more.
what about inflation? shouldn' t that cause them to increase rates? yes inflation will help
them out of their deep debt. if inflation is high, hopefully everything goes up, tax goes up, so relatively debt will be small ....
what about gold? should it not go up? so far gold price looks well managed. it is no more the only hedge against inflation. today we have tips, crypto, and even stocks. to hedge against inflation.
so my eat full full any how talk only. dyodd.
MORNING....
DON' T BE TOO SURE OR STRONG MINDED IN STOCK MARKETS
MAYBE PRICE MIGHT RETRACT TO AROUND 2.09 BEFORE ANY UPSIDE IN FUTURE. SHARING....HAHA
DON' T BE TOO SURE OR STRONG MINDED IN STOCK MARKETS
MAYBE PRICE MIGHT RETRACT TO AROUND 2.09 BEFORE ANY UPSIDE IN FUTURE. SHARING....HAHA
This one so long winded, but I thought it' s good to post its entirety.... by the way, price has moved up higher since the day results was announced when it was $2.13. And some smart people claimed price already factored in.....
CICT performed within analysts' expectations as most maintain TPs starting from $2.20
Analysts from CGS-CIMB Research, Citi Research, Maybank Kim Eng and UOB Kay Hian have maintained &ldquo add&rdquo or &ldquo buy&rdquo on CapitaLand Integrated Commercial Trust (CICT) as they see the REIT as &ldquo well placed&rdquo to benefit from a macro recovery
Analysts from PhillipCapital and RHB Group Research have also kept their &ldquo accumulate&rdquo and &ldquo neutral&rdquo calls on the REIT as they see it on the mend albeit dampened by the containment measures brought about by the Covid-19 pandemic.
The analysts' remarks come as the REIT announced its business update for the 3QFY2021 on Oct 22.
CGS-CIMB analysts Lock Mun Yee and Eing Kar Mei have maintained their target price of $2.56 as CICT&rsquo s gross revenue and net property income (NPI) for the 3QFY2021 ended September stood within their expectations at 24.5% and 25% of their FY2021 forecasts.
To them, the REIT&rsquo s retail segment is recovering gradually it is well placed to tap into inorganic growth opportunities for its office segment as well.
While they believe the REIT is set to benefit from the recovery of the economy given its diversified and stable earnings profile, Lock and Eing have kept their distribution per unit (DPU) estimates for the FY2021 to FY2023 unchanged for the time being.
&ldquo Re-rating catalysts include more clarity on asset enhancement/redevelopment plans. Downside risks include slower-than-expected portfolio value creation and slower rental recovery outlook,&rdquo they write in an Oct 22 report.
Citi analyst Brandon Lee has given a target price estimate of $2.45 on CICT.
The way he sees it, CICT&rsquo s business update revealed a mixed operational climate within its two core sectors.
The retail sector has seen improved rent reversions although there is also marginal decline in shopper traffic and tenant sales q-o-q.
&ldquo On the office side, CapitaSpring is likely to be 90+% pre-committed at low-teens-rent by 4QFY2021, but elsewhere within selected parts of its portfolio, vacancy and negative reversion risks are present,&rdquo says Lee.
That said, CICT remains Lee&rsquo s top recovery Singapore REIT (S-REIT) due to its undemanding valuations.
He also expects the REIT to benefit from the expected re-opening of the economy by 1HFY2022.
On this, Lee sees &ldquo neutral share price impact, with improved retail metrics mitigated by weaker office occupancies&rdquo .
Maybank Kim Eng analyst Chua Su Tye has, too, kept his target price of $2.55.
According to him, the REIT&rsquo s risk-reward remains favourable with its DPU recovery gaining traction from tenant expansion on the back of returning office demand.
The REIT&rsquo s valuations are also compelling at 5.5% dividend yield for the FY2022 and 1 times price-to-book (P/B) compared to its historical figures, as well as that of its peers.
Its retail segment has room for recovery to grow coming into the 4QFY2021 which is seasonally its strongest-performing quarter.
Chua also sees income contribution for its office segment in the 1HFY2022 from 21 Collyer Quay and 6 Battery Road to back DPU recovery for the REIT.
&ldquo We estimate divestment of One George Street could deliver $85 million in gains, at a $2,900 psf transaction value. Further ahead, redevelopment plans are medium-term catalysts to support DPU upside,&rdquo he writes.
In the FY2021 and FY2022, Chua estimates CICT&rsquo s DPU to improve by 20% and 6% y-o-y respectively. This, he says, is due to lower rental rebates to retail tenants and borrowing costs.
The REIT&rsquo s negative retail rental reversions are also expected to moderate in the FY2021 to FY2022 due to stronger tenant sales, particularly in its more resilient suburban malls.
Upside factors include an earlier-than-expected pick-up in leasing demand for its retail or office space, better-than-anticipated rental reversions, and accretive acquisitions ore redevelopment projects.
That said, downside factors include a prolonged slowdown in economic activity, termination of long-term leases and a sharper-than-expected increase in interest rates.-than-expectedincrease in interest rates.
UOB Kay Hian analyst Jonathan Koh has kept his target price of $2.39 on CICT as he sees &ldquo good things to come&rdquo upon the reopening of the economy.
While the REIT&rsquo s 3QFY2021 business update stood in line with his estimates, Koh has reduced his DPU estimates for the FY2022 by 2%.
This is due to higher negative rental reversion of 8% for downtown malls (from -5% previously), as well as the delay in contribution from CapitaSpring to the 2HFY2022.
To him, a catalyst in the REIT&rsquo s share price would be a &ldquo gradual but steady recovery in shopper traffic and tenant sales, accompanied by progressive easing of social distancing measures&rdquo , as well as &ldquo asset enhancement and redevelopment of existing properties&rdquo .
He adds that the return of vaccinated employees to offices beginning from Jan 1, 2022, will lead to an improved physical occupancy for CICT&rsquo s office buildings and bring relief to its downtown malls.
&ldquo CICT would benefit as the recovery broadens to offices and downtown malls in 2022,&rdquo he says, with an estimated distribution yield of 5.3% for the FY2022.
Before then, the pressure on its downtown malls are likely to persist till the 1HFY2022, as retail leases accounting for 36% of its gross rental income (GRI) will expire in 2022.
PhillipCapital analyst Natalie Ong has also kept her target price of $2.54 as the REIT&rsquo s revenue and NPI for the 9MFY2021 stood in line with her forecast for the FY2021.
To Ong, positive factors include a recovering sentiment among the REIT&rsquo s tenants, while negative factors include the tightened restrictions, which dampened leasing.
At this point in time, there is no change to Ong&rsquo s forecasts.
According to her, CICT&rsquo s current share price (as at Oct 25) implies DPU yields of 4.8% and 5.6% for the FY2021 and FY2022 respectively.
&ldquo Catalysts could include stronger-than-expected sales growth, asset enhancement initiatives to unlock value and portfolio reconstitution,&rdquo she says.
RHB analyst Vijay Natarajan is the only analyst to up his target price to $2.20 from $2.10, even though he has kept his &ldquo neutral&rdquo call on CICT.
According to him, the REIT&rsquo s 3QFY2021 business update reflected a slight sequential improvement in terms of tenant sales and office leasing activity, but recovery remains uneven across sectors.
For the FY2021 to FY2022, Natarajan expects rent reversion to stay negative at an average of -5%.
He also foresees the REIT to divest its 50% stake in One George Street in the near term.
&ldquo Key catalysts are faster-than-expected retail sector recovery from the economy reopening and return of overseas visitors, while prolonged imposition of lockdown measures remains its key risk. Current P/BV of 1.1 times has priced in most of the positives, in our view,&rdquo he writes in an Oct 25 report.
He has also given CICT a high environmental social and governance (ESG) score of 3.33 out of 4.0 due to CICT&rsquo s active ESG focus with &ldquo well-defined interim sustainability targets&rdquo .
&ldquo As this score is three notches above our country median score, we apply a 6% premium to our intrinsic value.&rdquo
checked - " NPI doubles to $242.6m" is YOY, compare to Q3 2020.
subaru ( Date: 25-Oct-2021 15:43) Posted:
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From Maybank KE:
" CICT&rsquo s revenue and NPI grew QoQ in 3Q21 at 5.8% and 7.8%, underpinned by rising contributions across its retail, office and integrated development assets. While occupancies were mainly lower, retail rental reversion trend is on the right trajectory, while strong leasing at CapitaSpring will support office NPI growth in FY22. Risk-reward remains favourable, with CICT&rsquo s DPU recovery gaining traction from tenant expansion activity as office demand returns, and undemanding valuations."
So " NPI doubles to $242.6m" is YOY?
" CICT&rsquo s revenue and NPI grew QoQ in 3Q21 at 5.8% and 7.8%, underpinned by rising contributions across its retail, office and integrated development assets. While occupancies were mainly lower, retail rental reversion trend is on the right trajectory, while strong leasing at CapitaSpring will support office NPI growth in FY22. Risk-reward remains favourable, with CICT&rsquo s DPU recovery gaining traction from tenant expansion activity as office demand returns, and undemanding valuations."
So " NPI doubles to $242.6m" is YOY?
Lobster ( Date: 22-Oct-2021 21:50) Posted:
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Maybe they want to flush out retailers like you n me first leh. Lol
RELAX.....Share price won't shoot up just because of your posting. There are many insiders know things much earlier then you. When it comes....Then come lor. Lol Lol
Lobster ( Date: 23-Oct-2021 12:27) Posted:
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Borders open for, travellers with a 14-day travel history to Bangladesh, India, Myanmar, Nepal, Pakistan and Sri Lanka, prior to departure to Singapore will be allowed to enter or transit through the country again from 27 Oct.
increasing foot fall soon.
increasing foot fall soon.
Yes income increased but share units floated also increased. So impacts not so great.
XiaoFeiXia ( Date: 22-Oct-2021 22:12) Posted:
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Har? From when? After dividends payout on 4 August, price was $2,14. Now also $2.14. So how people factor in? Who? You tell me.
XiaoFeiXia ( Date: 22-Oct-2021 22:12) Posted:
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CICT' s Q3 net property income more than doubles to S$242.6m, with room for retail recovery
Result comes amid enlarged portfolio from merger of CapitaLand Mall Trust and CapitaLand Commercial Trust last year
CAPITALAND Integrated Commercial Trust' s (CICT) net property income (NPI) more than doubled to S$242.6 million for Q3 ended Sept 30, from S$104.5 million previously, thanks to its enlarged portfolio from the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust last year.
The trust' s portfolio recorded a committed occupancy of 94.4 per cent as at end-September, with a weighted average lease expiry of 3 years, CICT disclosed in its quarterly business update on Friday.
Gross revenue for the quarter stood at S$329 million, more than double from S$150.3 million a year earlier. Retail assets contributed S$136.6 million of the latest quarter' s gross revenue, up from S$109.9 million in Q3 last year. NPI in this segment rose 31.5 per cent year-on-year to S$97.7 million.
However, there is still room for recovery in the retail segment. The average monthly retail tenants' sales per square foot (psf) for the first nine months of this year is still only 83.8 per cent that of the FY2019 average. Nevertheless, it is slightly higher than the average figure for the first nine months of 2020.
In the office segment, CICT recorded S$97.3 million in gross revenue from its assets, with S$74.7 million in NPI. The Singapore and Germany office assets had an occupancy rate of 92.6 per cent as at end-September. The top three business segments by space requirement are IT, media & telecommunications business consultancy and banking insurance & financial services.
Meanwhile, Q3 gross revenue from integrated developments stood at S$95.1 million, more than double from the year before. NPI also more than doubled to S$70.2 million. This segment recorded an occupancy rate of 96.2 per cent as of end-September.
Overall, for the first nine months of 2021, CICT' s gross revenue and NPI stood at S$974.7 million and S$714.8 million respectively, both more than double last year' s figures.
Looking ahead, CICT believes that the retail segment is poised to benefit from improvements in economic activity and consumer sentiment, with the progressive easing of border restrictions in 2022 and higher vaccination rates, barring any unforeseen setbacks.
Asset enhancement of Raffles City Singapore is targeted to complete by Q4 2022, with the trust in " advanced negotiations" with international fashion, beauty and lifestyle retailers.
The CapitaSpring development has also achieved a committed occupancy of 83.1 per cent, with another 7.2 per cent under " advanced negotiation" . Committed leases are set to contribute income progressively from H1 next year.
CICT' s Q3 net property income more than doubles to S$242.6m room for retail recovery
CAPITALAND Integrated Commercial Trust' s (CICT) net property income (NPI) more than doubled to S$242.6 million for Q3 ended September, from S$104.5 million a year ago, thanks to its enlarged portfolio from the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust last year.
The trust' s portfolio recorded a committed occupancy of 94.4 per cent as at end-September, with a weighted average lease expiry of 3 years, CICT disclosed in its quarterly business update on Friday.
Gross revenue for the quarter stood at S$329 million, more than double from S$150.3 million a year ago. Retail assets contributed S$136.6 million of the latest quarter' s gross revenue, up from S$109.9 million in Q3 last year. NPI in this segment rose 31.5 per cent year-on-year to S$97.7 million.
However, there is still room for recovery in the retail segment. The average monthly retail tenants' sales per square foot (psf) for the first nine months of this year is still only 83.8 per cent that of the FY2019 average. Nevertheless, it is slightly higher than the average figure for the first nine months of 2020.
In the office segment, CICT recorded S$97.3 million in gross revenue from its assets, with S$74.7 million in NPI. The Singapore and Germany office assets had an occupancy rate of 92.6 per cent as at end-September. The top three business segments by space requirement are IT, media & telecommunications business consultancy and banking insurance & financial services.
Meanwhile, Q3 gross revenue from integrated developments stood at S$95.1 million, more than double a year ago. NPI likewise more than doubled to S$70.2 million. This segment recorded an occupancy rate of 96.2 per cent as of end-September.
Overall, for the first nine months of 2021, CICT' s gross revenue and NPI stood at S$974.7 million and S$714.8 million respectively, both more than double last year' s figures.
Looking ahead, CICT believes that the retail segment is poised to benefit from improvements in economic activity and consumer sentiment, with the progressive easing of border restrictions in 2022 and higher vaccination rates, barring any unforeseen setbacks.
Asset enhancement of Raffles City Singapore is targeted to complete by Q4 2022, with the trust in " advanced negotiations" with international fashion, beauty and lifestyle retailers.
The CapitaSpring development has also achieved a committed occupancy of 83.1 per cent, with another 7.2 per cent under " advanced negotiation" . Committed leases are set to contribute income progressively from H1 next year.
Good news.. and well done. Next week will see on fire.