September 2008
|
REIT |
Period |
DPU ct |
Price |
Yield |
NAV |
Assets Type |
|---|---|---|---|---|---|---|
|
MI-REIT |
Q1 : Jun-08 |
2.35 |
S$0.49 |
19.184% |
S$1.30 |
Industrial |
|
Cambridge |
Q2 : Jun-08 |
1.561 |
S$0.435 |
14.432% |
S$0.79 |
Industrial |
|
CDL HTrust |
1H : Jun-08 |
5.89 |
S$0.86 |
13.767% |
S$1.61 |
Hotels |
|
AllCo |
1H : Jun-08 |
3.99 |
S$0.505 |
13.683% |
S$1.39 |
Malls + Office (S’pore and Aust) |
|
AscottREIT |
1H : Jun-08 |
4.52 |
S$0.705 |
12.823% |
S$1.57 |
Serviced Apts (Regional) |
|
First REIT |
Q2 : Jun-08 |
1.91 |
S$0.61 |
12.492% |
S$0.923 |
Hospitals + Hotel (Indonesia) |
|
Fortune |
1H : Jun-08 |
18.51 |
HK$3.01 |
12.299% |
HK$9.02 |
Malls (HK) |
|
LMIR |
Q2 : Jun-08 |
1.5 |
S$0.515 |
11.689% |
S$0.972 |
Malls – Indonesia |
|
Saizen |
FY08 – IPO |
5.30 |
S$0.47 |
11.277% |
S$1.05 |
Residential (Japan) |
|
Suntec |
Q3: Jun-08 |
2.793 |
S$1.16 |
9.684% |
S$2.24 |
Malls + Office |
|
CapitaRChina |
1H : Jun-08 |
2.72* |
S$0.72 |
9.431% |
S$1.07 |
Malls (China) |
|
FrasersCT |
Q3 : Jun-08 |
1.88 |
S$0.82 |
9.171% |
S$1.17 |
Malls |
|
MP REIT |
Q2 : Jun-08 |
1.78 |
S$0.825 |
8.679% |
S$1.60 |
Malls + Office |
|
A-REIT |
Q1 : Jun-08 |
3.89 |
S$1.87 |
8.321% |
S$1.85 |
Industrial |
|
K-REIT |
1H : Jun-08 |
3.94 |
S$0.96 |
8.229% |
S$2.22 |
Office |
|
MapleTree |
1H : Jun-08 (Rights – Proforma) |
2.93 |
S$0.73 |
8.027% |
S$0.83 |
Industrial |
|
CCT |
1H : Jun-08 |
5.19 |
S$1.31 |
7.969% |
S$3.12 |
Office |
|
PLife |
Q2 : Jun-08 |
1.66 |
S$0.975 |
6.821% |
S$1.34 |
Hospitals |
|
CMT |
Q2 : Jun-08 |
3.52 |
S$2.25 |
6.293% |
S$2.39 |
Malls + Office |
NOTES :
- Mkt Price is as on 30-Sep-08
- Saizen : Actual Payout 4.67ct as per IPO Forecast ; Yield is Computed Using IPO Prospectus Figures of 5.3% @ $1 Which Excludes Bonus Div
- MapleTree : Adjusted for 3-for-4 Rights @ $0.73 xri 23-Jul-08 Using 2H08 Proforma Figures ; Annualised DPU 5.86ct ; Rights Circular (28-Jul-08) – Refer to Pg A7-2 ; Expected Date of New Shares Issue is 22-Aug-08 & Trading Starts 25-Aug-08
- Suntec : Annualised DPU = 11.233ct
- MP REIT : Annualised DPU = 7.16ct
- CDL HTrust : Annualised DPU = 11.84ct
- CRCT : * For the Period 5-Feb-08 to 30-Jun-08 ; Annualised DPU 6.79ct ; Actual DPU for 1H08 = 3.25ct (Annualised 6.54ct)
- AllCo : Annualised DPU = 6.91ct (Computed based on the amount available for distribution less the one-off gains on derivative financial instruments of S$3.9 million realised in 2Q2008 – Pg 1 Foot Note 5)
- Cambridge : Annualised DPU = 6.278ct
- LMIR : Annualised DPU = 6.02ct
- KREIT : Annualised DPU = 7.9ct ; Actual Payout = 1.39ct (8-May-08 to 30-Jun-08)
- PLife : Annualised DPU = 6.65ct
- CCT : Annualised DPU = 10.44ct
- First REIT : Annualised DPU = 7.62ct
- A-REIT : Annualised DPU = 15.56ct
- CMT : Annualised DPU = 14.16ct
- KREIT : FY08 DPU Forecast 7.53ct (8-for-5 Rights @ $1.39)
- LMIR : IPO Forecast – FY07 (Dec07) : 2.74ct (Annualised for 1-Jul-07 to 31-Dec-07) ; FY08 : 5.84ct ; FY09 : 6.27ct
- Saizen : IPO Forecast – FY09 (Jun09) : 5.65ct ; FY08 (Jun08) : 4.67ct (Incl. Bonus Div) / Annualised Yield 5.3% @ $1 (Excl. Bonus Div) / 6.51% (Incl Bonus Div)
- PLife : IPO Forecast – 2H07 : 3.3ct ; FY08 : 6.25ct ; FY09 : 6.39ct
|
Trust |
Period |
DPU ct |
Price |
Yield |
NAV |
Assets Type |
|---|---|---|---|---|---|---|
|
PacShipTr US$ |
Q2 : Jun-08 |
1.09 |
US$0.34 |
12.824% |
$0.44 |
Shipping Trust |
|
FSL Trust |
Q2 : Jun-08 |
2.80 |
S$0.845 |
18.894% |
$0.88 |
Shipping Trust |
|
Rickmers |
Q2 : Jun-08 |
2.25 |
S$0.84 |
15.273% |
$0.99 |
Shipping Trust |
NOTES :
- All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.4255:US$1 fm Yahoo Finance)
- FSL : Annualised DPU 11.2ct
- FSL : SGX Annc (12-May-08) Quarterly DPU Forecast – Q208 US2.77ct ; Q308 US3.05ct
- Rickmers : SGX Annc (5-May-08) Quarterly DPU Forecast (Pg 7) – US 2.25ct (Q308)
|
Trust |
Period |
DPU ct |
Price |
Yield |
NAV |
Assets Type |
|---|---|---|---|---|---|---|
|
CitySpring |
Q1 : Jun-08 |
1.75 |
$0.74 |
9.459% |
$0.82 |
Infrastructure – Water, Gas |
|
AscendasIndT |
Q1 : Jun-08 |
1.65 |
$0.525 |
12.571% |
$1.01 |
India – Industrial Park |
|
HWT |
1H : Jun-08 |
2.17 |
$0.505 |
8.594% |
$0.75 |
China – Water Plant |
|
Indiabulls |
FY09 – IPO |
5.12 |
$0.49 |
10.449% |
– |
India – Office |
NOTES :
- HWT : DPU = 1.49ct if No Sponsor waiver
- ai-Trust : Div Not Paid Out as Semi-Annual Policy
- Indiabulls : Listing on 11-Jun-08 2PM
- Indiabulls : IPO Forecast – 5.12ct (FY09) 1,325.4Mil Units (2,371.7Mil Units Issued) Entitled to Div ; 9.82ct (FY10)
- HWT : IPO Forecast – 2.09ct (1H08) ; 4.88ct (FY08) / SGX Annc – Pg 12 (Distribution Statement)
- HWT : Listing on 3-Dec-07 2PM
- HWT : IPO Forecast – 4.46ct (FY08) – Sponsor (25% s/h) undertaken to waive entitlement to distributions, else DPU 3.34ct (Yield 4.282% @ $0.78) ; 5.06ct (FY09) – Yield 6.744% @ $0.78