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fall below $1.8 when institution give TP of $2.10
better dump now and come back at $1.5
better dump now and come back at $1.5
alanmong ( Date: 04-Mar-2021 17:34) Posted:
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I will wait till below $1.7 better
Secret_Squirrel ( Date: 04-Mar-2021 12:50) Posted:
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Will consider if drop below $1.75
Stocky901 ( Date: 04-Mar-2021 12:21) Posted:
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All these heavy weight REITs now kena slaughtered one by one by angmoh BBs. jialat. no good for joker SG stock exchange.. 😒 😒
Can buy if fall below $1.6 else just wait for dividend
bornloser ( Date: 04-Mar-2021 11:51) Posted:
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You know the manager well?
Why keep on dropping ?
No share buy back to support?
bullrun6088 ( Date: 03-Mar-2021 06:33) Posted:
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Maybe buy below $1.7 will be safe .. 😂
monkey80 ( Date: 03-Mar-2021 22:45) Posted:
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It is a growing company. Just buy below $2.. it will go above $2 anytime.
Should say good dividend stock.
% better than bank.
Checkerman ( Date: 03-Mar-2021 07:24) Posted:
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Might drop below 1.8 .. must prepare to average down more .. 😂 😂
loaded some today.
I think it is a good price to entre - $1.83
I think it is a good price to entre - $1.83
$1.83 now. Keep dropping daily
Unless u have power to hold for 1-2 years else can forget about it
alanmong ( Date: 24-Feb-2021 17:19) Posted:
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Institution give TP range from $2.05 to 2.15 and price started to fall to below $1.90. Better stay away from MTL
$1.70 is coming
$1.70 is coming
bullrun6088 ( Date: 03-Mar-2021 06:33) Posted:
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👍 good company to buy!
👍 managed by honest, trustworthy, competent manager!
👍 target price: $2
👍 managed by honest, trustworthy, competent manager!
👍 target price: $2
1.7 ?? So low ? Which is around more 10 percent drop like that ,😂 😂
humbleman ( Date: 24-Feb-2021 17:56) Posted:
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1.7
alanmong ( Date: 24-Feb-2021 17:19) Posted:
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Any idea what is the support price for mapletree logistics trust .. keep dropping from 2 dollars till now .. 😂 😂 😂
In 2 weeks time, there will be a window for a material rebound when MA20 & MA60 deduction prices go down to $1.90 level, while MA120 deduction price goes down to $2.00 level. Hope it may happen then or sooner.
Mapletree Logistics Trust to acquire five South Korean logistics facilities for 280 billion won
MAPLETREE Logistics Trust (MLT) is acquiring five freehold logistics properties in South Korea for 280 billion won (S$334.8 million) as it seeks to ride on growth opportunities in the logistics market.
Based on the purchase price, the properties will generate an initial net property income yield of about 4.5 per cent, MLT said in a filing to the Singapore Exchange on Monday night. The acquisitions are expected to be accretive to MLT' s distribution per unit (DPU).
With a total gross floor area of nearly 150,000 square metres (sq m), the properties have high quality building specifications - such as high floor-to-ceiling heights and large contiguous floor plates - which can meet the needs of third-party logistics firms (3PL) and e-commerce tenants.
Together with the specifications, the location of the properties will also help to attract tenants from high-value industries and the e-commerce sector, MLT highlighted. Situated in the Yongin-Icheon area, the properties are located in a prime logistics cluster in the south-east of the Seoul Metropolitan Area, and have a weighted average age (by net lettable area) of 4.2 years.
The properties are fully leased by four established local 3PLs with a weighted average lease expiry (WALE) of 1.7 years (by net lettable area). Tenants include Dongsan Logistics and TE Logis.
An independent valuation by Chestertons Korea Co put the market value for the properties at 290.7 billion won as at Jan 13, 2021. Hence, the purchase price works out to a discount of around 3.7 per cent to the properties' valuation.
The latest transaction is part of MLT' s strategy to refresh its portfolio with modern, logistics facilities via acquisitions and redevelopment.
Ng Kiat, chief executive officer of MLT' s manager, said: " This is an attractive strategic opportunity for MLT to acquire a portfolio of high specifications warehouses that will significantly scale up our competitive positioning. The acquisitions will increase our gross floor area in South Korea by 40 per cent, enabling us to better cater to the current and future needs of our customers and capture growth opportunities in the logistics market."
The acquisitions will be funded by debt. Including acquisition related expenses, the total cost of the transaction is estimated at 298.2 billion won.
Post acquisition, MLT' s aggregate leverate ratio will stand at around 38.9 per cent, while its portfolio will grow to 161 properties with assets under management totalling S$10.5 billion. Aside from South Korea, MLT also has properties in Singapore, Hong Kong, Japan, Australia, China, Malaysia and Vietnam.