Author: tfwee

 

March 2007

New data for the month includes,

SGX Announcement

  • 12-Mar-07 (mkt close) : AscottREIT – Price fixed @ $1.88 for Preferential Offer and $1.90 for ATM and Private Placement
  • 12-Mar-07 (noon) : AscottREIT – Offer and Placement of max 108,107,462 New Units. 49,940,088 New Units @ $1.83-$1.88 via Preferential Offer 1-for-10 ; 8,000,000 New Units @ $1.85-$1.90 via ATM ; 50,167,374 New Units @ $1.85-$1.90 via Private Placement

Average Yield = 4.341%

REIT

Period

DPU ct

Price

Yield

NAV

Assets Type

First REIT

FY07 – IPO

6.51

S$0.745

8.738%

S$0.865

 Hospitals + Hotel (Indonesia)

Cambridge

Q4 : Dec-06

1.422

S$0.82

6.880%

S$0.67

 Industrial

Fortune

2H : Dec-06

16.73

HK$5.85

5.720%

HK$8.36

 Malls (HK)

A-REIT

Q3 : Dec-06

3.20

S$2.39

5.356%

S$1.33

 Industrial

MMP

Q4 : Dec-06

1.47

S$1.20

4.900%

S$1.14

 Malls + Office

AllCo

2H : Dec-06

3.05

S$1.29

4.729%

S$1.14

 Malls + Office (S’pore and Aust)

MapleTree

Q4 : Dec-06

1.45

S$1.29

4.426%

S$0.72

 Industrial

Suntec

Q1 : Dec-06

1.963

S$1.98

3.934%

S$1.41

 Malls + Office

CMT

Q4 : Dec-06

3.35

S$3.76

3.535%

S$1.87

 Malls + Office

FrasersCT

Q1 : Dec-06

1.54

S$1.79

3.441%

S$1.09

 Malls

CDL HTrust

2H : Dec-06

2.89

S$1.99

3.191%

S$1.03

 Hotels

AscottREIT

2H : Dec-06

3.17

S$2.01

3.154%

S$1.33

 Serviced Apts (Regional)

CCT

Q4 : Dec-06

2.04

S$2.78

2.914%

S$1.86

 Office

K-REIT

2H : Dec-06

3.47

S$3.20

2.169%

S$2.00

 Office

CapitaRChina

FY07 – IPO

6.13

S$3.12

1.965%

S$0.98

 Malls (China)

NOTES :

  • Mkt Price is as on 30-Mar-07
  • MapleTree : DPU 1.83cts for 1-Oct-06 to 24-Jan-07 due to Equity Fund Raising Exercise
  • First REIT : SGX Waiver for FY06 Results
  • CDL HTrust : 12-Jun-06 to 31-Dec-06 ; Annualised DPU = 6.35cts
  • Suntec : Annualised DPU = 7.79cts
  • CCT : DPU payout = 2.7cts for 1-Sep-06 to 31-Dec-06. Above table uses Q4 DPU ; Annualised DPU = 8.10cts
  • Cambridge : Annualised DPU = 5.642cts
  • CMT : Annualised DPU = 13.29cts
March 30, 2007 Yield No Comments »

February 2007

New data for the month includes,

SGX Announcement

  • 21-Feb-07 (mkt close) : A-REIT – Private placement @ $2.48 for 40,323,000 New Units listing on 26-Feb-07 2pm
  • 9-Feb-07 (mkt close) : MapleTree – DPU 1.83cts for 1-Oct-06 to 24-Jan-07, payable on 28-Feb-07
  • 9-Feb-07 (mkt close) : AllCo Results

Average Yield = 4.384%

REIT

Period

DPU ct

Price

Yield

NAV

Assets Type

First REIT

FY07 – IPO

6.51

S$0.75

8.680%

S$0.865

 Hospitals + Hotel (Indonesia)

Cambridge

Q4 : Dec-06

1.422

S$0.82

6.880%

S$0.67

 Industrial

Fortune

2H : Dec-06

16.73

HK$5.95

5.624%

HK$8.36

 Malls (HK)

A-REIT

Q3 : Dec-06

3.20

S$2.42

5.289%

S$1.33

 Industrial

MMP

Q4 : Dec-06

1.47

S$1.14

5.158%

S$1.14

 Malls + Office

AllCo

2H : Dec-06

3.05

S$1.29

4.729%

S$1.14

 Malls + Office (S’pore and Aust)

MapleTree

Q4 : Dec-06

1.45

S$1.33

4.361%

S$0.72

 Industrial

Suntec

Q1 : Dec-06

1.963

S$1.89

4.122%

S$1.41

 Malls + Office

CMT

Q4 : Dec-06

3.35

S$3.50

3.797%

S$1.87

 Malls + Office

CDL HTrust

2H : Dec-06

2.89

S$1.85

3.432%

S$1.03

 Hotels

FrasersCT

Q1 : Dec-06

1.54

S$1.84

3.348%

S$1.09

 Malls

AscottREIT

2H : Dec-06

3.17

S$1.93

3.285%

S$1.33

 Serviced Apts (Regional)

CCT

Q4 : Dec-06

2.04

S$2.95

2.746%

S$1.86

 Office

CapitaRChina

FY07 – IPO

6.13

S$2.82

2.174%

S$0.98

 Malls (China)

K-REIT

2H : Dec-06

3.47

S$3.24

2.142%

S$2.00

 Office

NOTES :

  • Mkt Price is as on 28-Feb-07
  • MapleTree : DPU 1.83cts for 1-Oct-06 to 24-Jan-07 due to Equity Fund Raising Exercise
  • First REIT : SGX Waiver for FY06 Results
  • CDL HTrust : 12-Jun-06 to 31-Dec-06 ; Annualised DPU = 6.35cts
  • Suntec : Annualised DPU = 7.79cts
  • CCT : DPU payout = 2.7cts for 1-Sep-06 to 31-Dec-06. Above table uses Q4 DPU ; Annualised DPU = 8.10cts
  • Cambridge : Annualised DPU = 5.642cts
  • CMT : Annualised DPU = 13.29cts
March 1, 2007 Yield No Comments »

January 2007

New data for the month includes,

Results Announced

  • 31-Jan-07 (mkt close) : CDL HTrust
  • 30-Jan-07 (mkt close) : Fortune
  • 29-Jan-07 (mkt close) : Suntec
  • 26-Jan-07 (mkt open) : CCT
  • 25-Jan-07 (mkt close) : Cambridge
  • 25-Jan-07 (mkt open) : CMT
  • 24-Jan-07 (mkt open) : AscottREIT
  • 23-Jan-07 (mkt close) : MMP
  • 22-Jan-07 (mkt close) : K-REIT
  • 19-Jan-07 (mkt close) : FrasersCT
  • 16-Jan-07 (mkt close) : A-REIT, MapleTree

New Issues

  • 19-Jan-07 : MapleTree – ATM Offer 25Mil Units @ $1.13 ; Private Placement 271.8Mil Units @ $1.18

Average Yield = 4.511%

REIT

Period

DPU ct

Price

Yield

NAV

Assets Type

First REIT

FY06 – IPO

1.53

S$0.77

7.948%

S$0.865

 Hospitals + Hotel (Indonesia)

Cambridge

Q4 : Dec-06

1.422

S$0.845

6.677%

S$0.67

 Industrial

Fortune

2H : Dec-06

16.73

HK$5.90

5.671%

HK$8.36

 Malls (HK)

AllCo

Q3 : Sep-06

1.53

S$1.11

5.459%

S$0.97

 Malls + Office (S’pore and Aust)

A-REIT

Q3 : Dec-06

3.20

S$2.48

5.161%

S$1.33

 Industrial

MMP

Q4 : Dec-06

1.47

S$1.17

5.026%

S$1.14

 Malls + Office

MapleTree

Q4 : Dec-06

1.45

S$1.24

4.677%

S$0.72

 Industrial

Suntec

Q1 : Dec-06

1.963

S$1.84

4.234%

S$1.41

 Malls + Office

CMT

Q4 : Dec-06

3.35

S$3.24

4.102%

S$1.87

 Malls + Office

AscottREIT

2H : Dec-06

3.17

S$1.67

3.796%

S$1.33

 Serviced Apts (Regional)

CDL HTrust

2H : Dec-06

2.89

S$1.74

3.649%

S$1.03

 Hotels

FrasersCT

Q1 : Dec-06

1.54

S$1.70

3.624%

S$1.09

 Malls

CCT

Q4 : Dec-06

2.04

S$2.69

3.011%

S$1.86

 Office

K-REIT

2H : Dec-06

3.47

S$2.74

2.533%

S$2.00

 Office

CapitaRChina

FY07 – IPO

6.13

S$2.92

2.099%

S$0.98

 Malls (China)

NOTES :

  • Mkt Price is as on 31-Jan-07
  • CDL HTrust : 12-Jun-06 to 31-Dec-06 ; Annualised DPU = 6.35cts
  • Suntec : Annualised DPU = 7.79cts
  • CCT : DPU payout = 2.7cts for 1-Sep-06 to 31-Dec-06. Above table uses Q4 DPU ; Annualised DPU = 8.10cts
  • Cambridge : Annualised DPU = 5.642cts
  • CMT : Annualised DPU = 13.29cts
  • MapleTree : DPU 1.75cts – 1.85cts for 1-Oct-06 to 24-Jan-07 due to Equity Fund Raising Exercise
  • First REIT : DPU (forecast) for 1-Oct-06 to 31-Dec-06 ; Payout pro-rate to listing date
  • AllCo : Annualised DPU = 6.06cts ; Div not paid out
January 31, 2007 Yield No Comments »

Month End Prices – 2006

REIT

Jan

Feb

Mar

Apr

May

Jun

A-REIT

S$2.18

S$2.16

S$2.17

S$2.28

S$2.02

S$1.92

AllCo

—

—

S$0.98

S$0.875

S$0.86

S$0.81

AscottREIT

—

—

S$1.05

S$1.04

S$1.05

S$1.07

Cambridge

—

—

—

—

—

—

CapitaRChina

—

—

—

—

—

—

CCT

S$1.60

S$1.72

S$1.79

S$1.82

S$1.83

S$1.66

CDL HTrust

—

—

—

—

—

—

CMT

S$2.40

S$2.33

S$2.37

S$2.39

S$2.15

S$2.12

First REIT

—

—

—

—

—

—

Fortune

HK$6.15

HK$6.05

HK$6.25

HK$6.35

HK$6.10

HK$6.00

FrasersCT

—

—

—

—

—

—

K-REIT

—

—

—

S$1.49

S$1.45

S$1.27

MapleTree

S$1.06

S$1.03

S$1.05

S$1.03

S$0.915

S$0.93

MMP

S$0.955

S$0.965

S$0.94

S$0.975

S$0.925

S$0.915

Suntec

S$1.14

S$1.19

S$1.32

S$1.28

S$1.26

S$1.24

REIT

Jul

Aug

Sep

Oct

Nov

Dec

A-REIT

S$1.94

S$2.06

S$2.15

S$2.17

S$2.39

 S$2.67

AllCo

S$0.86

S$0.91

S$0.925

S$0.96

S$0.98

 S$1.11

AscottREIT

S$1.11

S$1.14

S$1.18

S$1.28

S$1.45

 S$1.60

Cambridge

S$0.68

S$0.68

S$0.67

S$0.65

S$0.68

 S$0.80

CapitaRChina

—

—

—

—

—

 S$2.10

CCT

S$1.89

S$1.86

S$2.21

S$2.16

S$2.54

 S$2.62

CDL HTrust

S$0.91

S$0.935

S$1.06

S$1.18

S$1.27

 S$1.67

CMT

S$2.22

S$2.36

S$2.54

S$2.59

S$2.76

 S$2.91

First REIT

—

—

—

—

—

 S$0.76

Fortune

HK$6.05

HK$6.00

HK$5.90

HK$5.85

HK$5.70

 HK$5.90

FrasersCT

S$1.06

S$1.16

S$1.20

S$1.23

S$1.30

 S$1.53

K-REIT

S$1.45

S$1.48

S$1.78

S$2.03

S$2.45

 S$2.50

MapleTree

S$0.89

S$0.895

S$0.93

S$1.00

S$1.03

 S$1.19

MMP

S$0.915

S$0.89

S$0.975

S$0.975

S$0.98

 S$1.17

Suntec

S$1.25

S$1.30

S$1.48

S$1.55

S$1.71

 S$1.82
January 1, 2007 Prices No Comments »

Performance – 2006

STI +27.2% : 2985.83 (2006) vs 2347.34 (2005)

Rank – Capital Gains

REIT

Dec-05

Dec-06

Gain

Div

Yield

Total

CCT

S$1.48

S$2.62

77.0%

7.05

4.8%

 81.8%

Suntec

S$1.08

S$1.82

68.5%

7.309

6.8%

 75.3%

A-REIT

S$1.95

S$2.67

36.9%

12.18

6.2%

 43.2%

CMT

S$2.24

S$2.91

29.9%

10.21

4.6%

 34.5%

MapleTree

S$0.955

S$1.19

24.6%

4.67

4.9%

 29.5%

MMP

S$0.95

S$1.17

23.2%

5.9

6.2%

 29.4%

Fortune

HK$5.70

HK$5.90

3.5%

34.33

6.0%

 9.5%

Rank – Dividend Yield

REIT

Dec-05

Dec-06

Gain

Div

Yield

Total

Suntec

S$1.08

S$1.82

68.5%

7.309

6.8%

 75.3%

A-REIT

S$1.95

S$2.67

36.9%

12.18

6.2%

 43.2%

MMP

S$0.95

S$1.17

23.2%

5.9

6.2%

 29.4%

Fortune

HK$5.70

HK$5.90

3.5%

34.33

6.0%

 9.5%

MapleTree

S$0.955

S$1.19

24.6%

4.67

4.9%

 29.5%

CCT

S$1.48

S$2.62

77.0%

7.05

4.8%

 81.8%

CMT

S$2.24

S$2.91

29.9%

10.21

4.6%

 34.5%

NOTES :

  • Dec-05 : End Dec-05 Mkt Price
  • Dec-06 : End Dec-06 Mkt Price
  • Gain : Capital Gains = (Dec-06 Mkt Price – Dec-05 Mkt Price) / (Dec-05 Mkt Price)
  • Div : Total Dividend Received in 2006
  • Yield : Div Yield Using Dec-05 Mkt Price
  • Total : Total Gain = Capital Gain + Dividend Yield
January 1, 2007 Performance No Comments »