MCT & Mnact

 

Wah, the verdict is out!

MCT is buying over Mnact at an offer price of :

satisfied by either: 

Plan A.

0.5963 new MCT Units (the “Consideration Units”) at an issue price of S$2.0039 per 

MNACT Unit (the “Scrip-Only Consideration”); or

Plan B.

a combination of 0.5009 Consideration Units and S$0.1912 in cash (the “Cash-and-Scrip 

Consideration”)

This implies a gross exchange ratio of 0.5963x. By way of illustration, if the Trust Scheme becomes 

effective in accordance with the terms, an MNACT Unitholder holding 10,000 MNACT units will 

receive 5,963 MCT Units should they elect to receive the Scrip-Only Consideration or 5,009 MCT 

Units and S$1,912 in cash should they elect to receive the Cash-and-Scrip Consideration.

The aggregate Scheme Consideration (the “Total Scheme Consideration”) is S$4,215.6 million, 

comprising a combination of no more than S$417.3 million in cash (the “Cash Consideration”) 

(being 9.9% of the Total Scheme Consideration) .

Most probably I will go for Plan B.

If got Plan C all cash offer, I would certainly go for it.

Pls dyodd.

 Both counters trading halted pending announcement, looks rather interesting!

I think market are waiting anxiously for the company announcement! It might be a M&A or ...

I think this might be something quite similar to previous cmt & cct merging into one entity! 

I think if M&A offering price may be around 1.50-1.60 range.. 

Not a call to buy or sell.

Pls dyodd.

Chart wise, bullish mode!

Likely to continue to trend higher!

Short term wise, I think a nice breakout of 1.04 smoothly plus good volume would likely drive the price higher towards 1.08 then 1.14.

Not a call to buy or sell.

Pls dyodd.

MIT

 Chart wise, she is slowly rising up looks rather interesting!

Short term wise, I think likely to rise up to retest 2.75. A nice breakout smoothly plus good volume that may likely drive the price higher towards 2.82 then 2.90 with extension to 2.97.

Result is due on 25th Jan 2022, dividend is coming! 

Pls dyodd.

Ascendas reit

 Chart wise, she is slowly recovering and likely to rise up to retest 3.00 again!

I think a nice breakout of 3.00 smoothly plus good volume that may likely drive the price higher towards 3.05 then 3.10 & above.

Pls dyodd.

 Chart wise, bearish mode!

It is currently hovering near the support level, looks rather interesting!

First half dpu of 7.66 cents. If 2nd half also reporting another 7.66 cents in January , yield is about 5.25% which is yielding the highest yield among the DC related reit counters I think is Good to take note!

NAV 2.211. P/B 1.36.

Pls dyodd

MLT

 Chart wise, it has managed to bounce off from the recent low of 1.83, seems rather positive!

Short term wise, I think likely to rise up to retest 1.91.

A nice breakout of 1.91 smoothly plus good volume that may likely drive the price higher towards 1.94 then 1.99 & above.

Pls dyodd.

Mnact & Mct

 Both counters trading halted pending announcement, looks rather interesting!

I think market are waiting anxiously for the company announcement! It might be a M&A or ...

I think this might be something quite similar to previous cmt & cct merging into one entity! 

I think if M&A offering price may be around 1.50-1.60 range.. 

Not a call to buy or sell.

Pls dyodd.

Chart wise, bullish mode!

Likely to continue to trend higher!

Short term wise, I think a nice breakout of 1.04 smoothly plus good volume would likely drive the price higher towards 1.08 then 1.14.

Not a call to buy or sell.

Pls dyodd.

Christmas dinner

 Yeah Home cooked Christmas dinner was nice to have! 

Today was invited by my relative to go to their house for dinner

After dinner, we had cakes! Nom nom! 

I think Is good to gather together for dinner during festive seasons! Cheers! 

MLT PO strategy

 Before the PO announcement, I did not own any MLT share. 

It was trading at 1.99 & the price was corrected due to PO offering at 1.84 per unit. I took this opportunity To buy smAll lots at 1.91 before XR/XD with 1.46 cents.

Subscribed the same no of share I bought for PO application and to my surprised was Alloted almost fully with the excess applied. 

At the current price of 1.86, yield is about 4.6% for this famous reit that is in great demand sector. I think Is a gd counter to consider!

With the PO share plus existing unit my avg price is now at 1.875.

Please dyodd.

SEA

 Wah, finally a Nice rebound accompanied with high volume looks rather positive!

Short term wise, I think likely to move up to retest 242 then 268.

A smooth breakout of 268 + good volume that may likely drive the price higher towards 287 then 300.

Pls dyodd.

Unami10 & ice cream bar

 Today went to try out the food at unami10 for dinner and I think the food is nice and quite unique especially the charcoal chicken, wahyu beef, belly pork and chicken meat,taste nice and nom nom.

The serving portion is just nice and we can try a few dishes.

I think will go there again!

After dinner, pop over to the ice cream bar at Outram which is a nice place for desserts. Home make ice cream plus top it up with nice and warm waffles. Nom nom!

Just sharing!

Hope you guys like it!

AR

 Chart wise, bearish mode!

It is currently hovering near the support level, looks rather interesting!

First half dpu of 7.66 cents. If 2nd half also reporting another 7.66 cents in January , yield is about 5.25% which is yielding the highest yield among the DC related reit counters I think is Good to take note!

NAV 2.211. P/B 1.36.

Pls dyodd

CICT

 Chart wise, bearish mode!

Yield is about 5%. NAV 2.01.

Short term wise, I think likely to see further weakness! Likely to go down to retest 1.95 then 1.90 with extension to 1.84.

Pls dyodd.

FCT

 Chart wise, bearish mode!

She is hovering near the support at 2.25, looks rather interesting!

Dpu 12.069 cents. Yield 5.34%.

NAV 2.31. Gearing I think is below 30%.

I think any further weakness in price seem a good opportunity for me to collect again! Pls dyodd

Mapletree Log trust PO

 Preferential Offering at $1.84 per unit on a pro-rated basis of 37 new units for every 1000 existing units held in MLT by the eligible unitholders as at the record date - 1st December 2021 5pm.

Application via PayNow make it quite easy for unitholders to apply online via internet banking.

Log in to your internal banking/ make or transfer payment via PayNow.

Key in UEN 198003912MCAS. Enter the full amount including excess + fill up the PayNow Reference no reflected on the top right hand corner of the letter you received from CDP and click on the submit button to proceed.

You will received SMS to enter the bank token number. Just follow the instruction using the bank token to make payment via PayNow. 

Once done, you will receive another SMS message saying your PayNow transaction was successful.

Good luck to all !

Pls dyodd.

 Chart wise, she has managed to bounce off from the low of 1.84 and slowly recovering to 1.89 level looks rather encouraging!

Short term wise, I think likely to retest 1.90. A nice breakout smoothly plus good volume that may likely drive the price higher towards 1.94 then 2.00.

Pls dyodd.

MLT

 Chart wise, she has managed to bounce off from the low of 1.84 and slowly recovering to 1.89 level looks rather encouraging!

Short term wise, I think likely to retest 1.90. A nice breakout smoothly plus good volume that may likely drive the price higher towards 1.94 then 2.00.

Pls dyodd.