Lippomalls

Rich
Offline
Elite Member

10 years 10 months ago - 10 years 10 months ago #14595 by Rich

Replied by Rich on topic Lippomalls

Rock wrote: KING WAN
King Wan last year dividend is 1.5 cts. At 31 cts dividend yield is about 5%.
Reck how you calculate the yield for King Wan as 9.7%?

Management indicated King Wan outlook next 12 months is challenging. Such as increasing competition, labour & materials cost. Margin lean & shortage in skill and unskill workers.

Hi Rocky: U r right that last year was 1.5 cents. From what I read of DMG analyst report, the management is guiding for 1.5 cent special dividend for quite a few years to come. This will be made possible by the S$50 m in proceeds from the sale of shares of KTIS when they are listed in Thailand next month.

3 cents dividend a year = 9.7% yield.

Like you, many of my friends are not really aware of this impending special dividend. Perhaps you want to read this:
www.nextinsight.net/index.php/story-arch...hat-analysts-now-say

Last edit: 10 years 10 months ago by Rich.

Please Log in or Create an account to join the conversation.

qwerty89
Offline
New Member

10 years 9 months ago #14844 by qwerty89

Replied by qwerty89 on topic Lippomalls

I'm not as positive as you guys on LippoMall. I've taken a look at the past distributions of various REITs and Lippo Mall appears to be one with a rather weak history, with DPU on a downward trend since 2009.

sgvalueinvesting.wordpress.com/2013/07/01/reits/

Are there any significant recent developments that may reverse this trend?

Please Log in or Create an account to join the conversation.

greenrookie
Topic Author
Offline
Elite Member

10 years 9 months ago #14845 by greenrookie

Replied by greenrookie on topic Lippomalls

Lippo mall defintelt did not have a good records,

I sold out once when they made 2 aquisitions which are not yield accretive.

I thought the management took us for a ride.

But the latest aquistions has turn yield accretive , and there was a change in cEo.

Only time will tell, I bought for the potential growth in the future and the high yield which I expect to hold, since once the tenacy improve, it is sticky upwards.

Please Log in or Create an account to join the conversation.

Time to create page: 0.201 seconds