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CapitalMallTrust

Staying on 1.91 is gd sign of good support today 😁

 

Yap. Quantum to be announced on 30th Oct, payment on 30th Nov.

 

Only 30th we will know how much is your div?

 

XE/XD.. 1.9 or lower :P

 

And you will sleep tight without having to hold these shares too close to you.

 

Amen

St.Maximus      ( Date: 17-Oct-2020 17:23) Posted: Finally! I get to writing to you bro hokpin. As for what price it will be on Monday, I guess it will be 1.90 thereabouts. Will it go up or down, I really and simply do not know. I do not think even God knows, or maybe He does, but does not want to tell me. As for advice, if you want to sell some CMT shares at around $1.90 and forget about them, I think it will be possible on Monday, unless there is some credit event over the weekend or some capitaland owned mall collapsed. If you do not need the money urgently, I suggest you weather the volatility - that means up and down of the stock price. Because holding a Reit means you are the beneficial owner of a trust (CICT) whose properties are of good quality and they generate cash to distribute regularly. Holding a Reit is however unlike holding a fixed income bond because  1) you may not get back your initial investment at the par value (what you invested) 2)  your dividend income is not fixed. It fluctuates depending on business conditions. 3) if there is a credit event like a loan default, you may not get back anything as a unitholder. So, Reits are generally more risky than traditional bonds because they are classified as equity. In a wind-up of a company or dissolution of a trust, bonds get paid back first, then preference shares/perpetuals, then lastly, ordinary shares. So know what you are holding, a share in the trust and as such you are a beneficial owner of the trust. You want to renounce your ownership, you may do so on the stock exchange. If you want to buy Capitamall bonds, I think under the fixed income section in SGX, there is still one which matures next year. But check and DYODD. I have done mine.  May the grace of the Lord Jesus Christ be with you! hokpin      ( Date: 17-Oct-2020 15:45) Posted: Thx. Bro Max

 

No, you will not get the dividend announced which is meant just for CMT holders if you buy 19 Oct onwards. The ex dividend date is 19 Oct as mentioned for this dividend. This dividend was announced earlier this month.
30 Oct the company is CICT and no longer CCT or CMT. So the dividend announcement of CICT (not CMT anymore) will be for CICT holders (which include ex-CCT holders), I think.

Mic@68      ( Date: 18-Oct-2020 18:13) Posted: Hi guy! Would appreciate some insight on the following questions:  Will we be entitled to CMT dividend if we buy on 19 Oct and beyond? Found it a little odd that the ex dividend date is posted even prior to announcement of dividends. Does the 30 Oct dividend announcement of CMT takes into account that of CCT (as a combined entity of CICT) or just solely CMT? Thanks!

 

Hi guy! Would appreciate some insight on the following questions: 
Will we be entitled to CMT dividend if we buy on 19 Oct and beyond? Found it a little odd that the ex dividend date is posted even prior to announcement of dividends.
Does the 30 Oct dividend announcement of CMT takes into account that of CCT (as a combined entity of CICT) or just solely CMT?

Thanks! 

 

Yes marketuncle, this is much more clearer. Thank you!

 

Thanks for summarizing! 

marketuncle      ( Date: 17-Oct-2020 18:19) Posted: 19 Oct: CMT XD, so all NAV will now include CCT ppties, which means NAV now jumps (a bit) from 1.99 to 2.02 Trading days between 20 Oct to 27 Oct: CMT is now as good as CICT 28 Oct: CICT debut on SGX 30 Oct: CMT to announce how much is the dividend 30 Nov: Dividend payout to CMT holders

 

19 Oct: CMT XD, so all NAV will now include CCT ppties, which means NAV now jumps (a bit) from 1.99 to 2.02
Trading days between 20 Oct to 27 Oct: CMT is now as good as CICT
28 Oct: CICT debut on SGX
30 Oct: CMT to announce how much is the dividend
30 Nov: Dividend payout to CMT holders

 

Yes. If you held CMT until last Fri.

TANPK123      ( Date: 17-Oct-2020 17:57) Posted: Any dividend ?

 

Any dividend ?

 

Still CMT on Monday

moron101      ( Date: 17-Oct-2020 17:17) Posted: A bit of confusion here. On Monday will it be traded as merged entity with CCT or still just CMT share units?

 

  You are the boss, your call. But thanx for your support of what is dear in my heart.

hokpin      ( Date: 17-Oct-2020 17:44) Posted: Thx for your advice. Bro Max. I think I will hold on a while and see how after the merger. St.Maximus      ( Date: 17-Oct-2020 17:23) Posted: Finally! I get to writing to you bro hokpin. As for what price it will be on Monday, I guess it will be 1.90 thereabouts. Will it go up or down, I really and simply do not know. I do not think even God knows, or maybe He does, but does not want to tell me. As for advice, if you want to sell some CMT shares at around $1.90 and forget about them, I think it will be possible on Monday, unless there is some credit event over the weekend or some capitaland owned mall collapsed. If you do not need the money urgently, I suggest you weather the volatility - that means up and down of the stock price. Because holding a Reit means you are the beneficial owner of a trust (CICT) whose properties are of good quality and they generate cash to distribute regularly. Holding a Reit is however unlike holding a fixed income bond because  1) you may not get back your initial investment at the par value (what you invested) 2)  your dividend income is not fixed. It fluctuates depending on business conditions. 3) if there is a credit event like a loan default, you may not get back anything as a unitholder. So, Reits are generally more risky than traditional bonds because they are classified as equity. In a wind-up of a company or dissolution of a trust, bonds get paid back first, then preference shares/perpetuals, then lastly, ordinary shares. So know what you are holding, a share in the trust and as such you are a beneficial owner of the trust. You want to renounce your ownership, you may do so on the stock exchange. If you want to buy Capitamall bonds, I think under the fixed income section in SGX, there is still one which matures next year. But check and DYODD. I have done mine.  May the grace of the Lord Jesus Christ be with you

 

Thx for your advice. Bro Max. I think I will hold on a while and see how after the merger.

St.Maximus      ( Date: 17-Oct-2020 17:23) Posted: Finally! I get to writing to you bro hokpin. As for what price it will be on Monday, I guess it will be 1.90 thereabouts. Will it go up or down, I really and simply do not know. I do not think even God knows, or maybe He does, but does not want to tell me. As for advice, if you want to sell some CMT shares at around $1.90 and forget about them, I think it will be possible on Monday, unless there is some credit event over the weekend or some capitaland owned mall collapsed. If you do not need the money urgently, I suggest you weather the volatility - that means up and down of the stock price. Because holding a Reit means you are the beneficial owner of a trust (CICT) whose properties are of good quality and they generate cash to distribute regularly. Holding a Reit is however unlike holding a fixed income bond because  1) you may not get back your initial investment at the par value (what you invested) 2)  your dividend income is not fixed. It fluctuates depending on business conditions. 3) if there is a credit event like a loan default, you may not get back anything as a unitholder. So, Reits are generally more risky than traditional bonds because they are classified as equity. In a wind-up of a company or dissolution of a trust, bonds get paid back first, then preference shares/perpetuals, then lastly, ordinary shares. So know what you are holding, a share in the trust and as such you are a beneficial owner of the trust. You want to renounce your ownership, you may do so on the stock exchange. If you want to buy Capitamall bonds, I think under the fixed income section in SGX, there is still one which matures next year. But check and DYODD. I have done mine.  May the grace of the Lord Jesus Christ be with you! hokpin      ( Date: 17-Oct-2020 15:45) Posted: Thx. Bro Max

 

As of next monday, we will see CMT ex-dividend, the price of CMT should drop by an equivalent amount of dividends declared. We do not know exactly how much that will be. But if you had not sold last Fri, you will receive that dividend.

 

Finally! I get to writing to you bro hokpin.
As for what price it will be on Monday, I guess it will be 1.90 thereabouts. Will it go up or down, I really and simply do not know. I do not think even God knows, or maybe He does, but does not want to tell me.
As for advice, if you want to sell some CMT shares at around $1.90 and forget about them, I think it will be possible on Monday, unless there is some credit event over the weekend or some capitaland owned mall collapsed.
If you do not need the money urgently, I suggest you weather the volatility - that means up and down of the stock price. Because holding a Reit means you are the beneficial owner of a trust (CICT) whose properties are of good quality and they generate cash to distribute regularly. Holding a Reit is however unlike holding a fixed income bond because 
1) you may not get back your initial investment at the par value (what you invested)
2)  your dividend income is not fixed. It fluctuates depending on business conditions.
3) if there is a credit event like a loan default, you may not get back anything as a unitholder.

So, Reits are generally more risky than traditional bonds because they are classified as equity. In a wind-up of a company or dissolution of a trust, bonds get paid back first, then preference shares/perpetuals, then lastly, ordinary shares. So know what you are holding, a share in the trust and as such you are a beneficial owner of the trust. You want to renounce your ownership, you may do so on the stock exchange. If you want to buy Capitamall bonds, I think under the fixed income section in SGX, there is still one which matures next year. But check and DYODD.
I have done mine. 
May the grace of the Lord Jesus Christ be with you!

hokpin      ( Date: 17-Oct-2020 15:45) Posted: Thx. Bro Max. St.Maximus      ( Date: 17-Oct-2020 15:20) Posted: Very important bro hokpin. Mark what bro t mentioned below. U saw how some people try to scare us away into selling our shares ytd? With their vain arguments and bold letterings they tried to intimidate and to scare us. So some of us step up to defend. Now, let me pray about it and as for your question whether it go up or down, I answer you later after I think and pray through it. Thank you for trusting me with your question. I will give u a fair answer.

 

INDICATIVE TIMETABLE FOR THE TRUST SCHEME Subject to the satisfaction or, as the case may be, waiver of the Conditions in accordance with the terms of the Implementation Agreement, the CMT Unitholders should note the following indicative timetable in relation to the Trust Scheme: Event Date and Time Last day of trading of the CCT Units on the SGX-ST : Friday, 16 October 2020 Last day of trading of the CMT Units on a cum-distribution basis : Friday, 16 October 2020 3 Event Date and Time First day of trading of the CMT Units on an ex-distribution basis : Monday, 19 October 2020 Date of suspension of trading of the CCT Units : Monday, 19 October 2020, on and from 9.00 a.m. Record date to determine entitlements of the CMT Unitholders to the CMT Permitted Distributions in respect of the period from 1 July 2020 up to the day immediately before the Effective Date (the &ldquo CMT Cumulative Distribution&rdquo )(1) : Tuesday, 20 October 2020, at 5.00 p.m. Record date to determine entitlements of the CCT Unitholders to CCT&rsquo s clean-up distribution in respect of the period from 1 July 2020 up to the day immediately before the Effective Date : Tuesday, 20 October 2020, at 5.00 p.m. Record Date to determine entitlements of the CCT Unitholders in respect of the Trust Scheme : Tuesday, 20 October 2020, at 5.00 p.m. Expected Effective Date : Wednesday, 21 October 2020 Expected date of payment of the Cash Consideration to the CCT Unitholders : Wednesday, 28 October 2020 Expected date of crediting and issuance of the Consideration Units : Wednesday, 28 October 2020 Expected commencement date of trading of the Consideration Units under SGX Code: C38U : Wednesday, 28 October 2020 Expected date for announcement of the amount and payment date of the clean-up distribution to the CMT Unitholders in respect of the period from 1 October 2020 up to the day immediately before the Effective Date : Friday, 30 October 2020 Expected date of delisting of CCT : Tuesday, 3 November 2020 Expected date of payment of the CMT Cumulative Distribution : By Monday, 30 November 2020

 

A bit of confusion here. On Monday will it be traded as merged entity with CCT or still just CMT share units?