Just like GE life, business per share is $32 but buy out offer was $25. I still refuse to sell even with the threat of delisting. Keep the faith Ben Graham lives.....forever
@@HeahMinAn remains suspended. Those who wanted out would have sold. i am still holding on. Will become minority shareholder when it is delisted. So be it
@@HeahMinAnLOL no perks. They will need to write to you individually for legal stuff. I am just being naughty. Downside is that u wont have a ready market to sell. U are stuck. For dividends they will send a cheque individually. Full of hassle for them thats why they rather buy u out
@@compounding999 😄 I guess that’s minority interests. Besides, will dividends be regular in a private business? I doubt so. Curious how it feels to be a private shareholder.
So, the offerer's intent is to comply with rule code 14.1. The lesson learnt is not to buy REITs based on NAV since the offer price for Suntec is $1.16, whereas the NAV is $2.07. Then, what indicators should we use when buying a REIT?
Hey charleslee0381, thanks for your question. I use dividend yield. However, I include some business operation yardsticks before I tap my “buy” button 😄 1. Planned revenue growth drivers (read the quarterly results and clarify during AGMs) 2. Gross margins and net income margins to identify a stronger REIT 3. Property yields 4. Cost of debt (3 & 4 comes as a pair because it occasionally surprises me that the property yield is lower than cost of debt) 5. Operating cash flow
its just a low ball off with low chance to pass but if reits market crashes 10% or 20% the offer will go through and they will take suntec reit private
i bought more suntec reit today at 1.17 level as the 1.16 offer limits my downside, huat ah!
Hi, if I do not want to accept the offer, is it just ignore the form and don’t fill up ? Thanks
Yes, that is my understanding.
Just like GE life, business per share is $32 but buy out offer was $25. I still refuse to sell even with the threat of delisting. Keep the faith Ben Graham lives.....forever
What’s the situation with GE Life now?
@@HeahMinAn remains suspended. Those who wanted out would have sold. i am still holding on. Will become minority shareholder when it is delisted. So be it
@@compounding999 , I haven’t been a minority shareholder before.
Wonder what are its perks?
@@HeahMinAnLOL no perks. They will need to write to you individually for legal stuff. I am just being naughty. Downside is that u wont have a ready market to sell. U are stuck. For dividends they will send a cheque individually. Full of hassle for them thats why they rather buy u out
@@compounding999 😄
I guess that’s minority interests.
Besides, will dividends be regular in a private business? I doubt so.
Curious how it feels to be a private shareholder.
So, the offerer's intent is to comply with rule code 14.1. The lesson learnt is not to buy REITs based on NAV since the offer price for Suntec is $1.16, whereas the NAV is $2.07. Then, what indicators should we use when buying a REIT?
Hey charleslee0381, thanks for your question.
I use dividend yield.
However, I include some business operation yardsticks before I tap my “buy” button 😄
1. Planned revenue growth drivers (read the quarterly results and clarify during AGMs)
2. Gross margins and net income margins to identify a stronger REIT
3. Property yields
4. Cost of debt
(3 & 4 comes as a pair because it occasionally surprises me that the property yield is lower than cost of debt)
5. Operating cash flow
By chance, is Charles a Suntec REIT shareholder?
@@HeahMinAn Yes I am.
@@HeahMinAn Thanks for sharing.
You’re welcome.
Suntec REIT is always my best teacher.👨🏫
its just a low ball off with low chance to pass
but if reits market crashes 10% or 20% the offer will go through and they will take suntec reit private
Do you mean hit 90%?