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.

Dbs

Chart wise, bearish mode! likely to see further weakness!

Short term wise, I think likely to go down to retest 30.70 then 30.00 with extension to 29.50. Pls dyodd.

MIT

 Chart wise, looks rather interesting!

She has managed to bounce off from 2.65 and rises higher to close at 2.70 looks rather encouraging!

Short term wise, I think she may likely rises higher to retest 2.75. A nice breakout smoothly may likely drive the price higher towards 2.81 and above.

Pls dyodd.

SGX

TA wise, bearish mode!

Likely to see further weakness!

Short term wise. I think she may likely go down to revisit 8.97.

If this Support level cannot hold then she may go further down to retest 8.50 level.

Not a call to buy or sell.

Pls dyodd

Capland China Tr

Today managed to jeep a bit at 1.20.

NAV 1.485

Dpu has been generally improving.

Likely to see yearly dpu of 8.5 cents min. First half yearly dividend of 4.23 cents + advance dpu of 2.7 cents of 6.93 cents already paid out I think another 1.57 cents for the period from Oct to Dec should be possible! Yield of 7% looks rather interesting!

Pls dyodd.

 Wah, chart wise, bearish mode!

FA wise, looks rather interesting!

XD 4TH August. Pay date 9 Sept.

She is hovering near the support level at 1.20.

With dpu of 8+ cents, she is looking rather undervalued at current price of 1.21.

I am looking to collect at 1.20 & below!

Not a call to buy or sell.

Pls dyodd.

MIT

 

Today witnessing the bull and bear fighting and close well at 2.67!

Looks like bull is in control! 

Chart wise, close with a long legger doji plus high volume that might mark the end of the selling down! 

Likely to see a technical rebound soon!

Pls dyodd.

 Chart wise, bearish mode!

Looks like she may likely see further weakness!

XD 4TH August. Pay date 9 Sept.

Short term wise, I think likely to go down to revisit 2.61.

Next support level is at 2.50.

Pls dyodd.

MLT

 Chart Wise, Bearish mode!

Likely to go to to retest 1.94 level.

A breaking down of 1.94 + high volume that may likely drive the price lower towards 1.88 with extenstion to 1.80 and below.

Not a call to buy or sell.

Pls dyodd.

AR

 Looks like she is getting weaker and may likely go down to revisit 3.00!

If 3.00 support cannot hold up well then next she may be showed us 2.94.

Pls dyodd.

Sembcorp Ind

 Chart wise, bullish mode!

I think likely to continue to trend higher!

Short term wise, I think likely rise up to retest the recent high of 2.11.

A nice breakout smoothly accompanied with good volume that may likely drive the price higher towards 2.20 level.

Pls dyodd.

Mapletreee NAC trust

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.

360 finance

 Chart wise, bullish mode!

Likely to continue to trend higher!

XD 4TH August. Pay date 9 Sept.

Short term wise, I think it may rise up to retest 27.13 again!

A nice breakout smoothly plus good volume that may likely drive the price higher towards 28.00 then 30.00 & above.

Pls dyodd.

FCT

 Looks like she is gaining momentum and likely to rise up to retest 2.40 again!

Pls dyodd.

 

She has a nice breakout last Friday coupled with nice volume looks rather bullish!

I think she is rising up to retest the next price level of 2.50.

Pls dyodd.

 Wah, today reported a nice set of FY results which saw 2nd half dpu increased to 6.089 cents, an improvement of 39.3%.

Gross revenue was up 159.9 per cent to S$167.5 million for the half-year period, from S$64.5 million in the previous year.

XD 4TH August. Pay date 9 Sept.The improved full-year financial performance is attributed to the acquisition of its remaining 63.1 per cent stake in AsiaRetail Fund and lower rental rebates granted to tenants this year, FCT's manager said in a bourse filing on Wednesday (Oct 27).

Net property income (NPI) grew 213.2 per cent on year to S$120.9 million for the half year, from S$38.6 million.

Distributable income rose 243.9 per cent on year to S$103.6 million, from S$30.1 million.

 Chart wise, bullish mode!

Likely to continue to trend higher!

XD 4TH August. Pay date 9 Sept.

Short term wise, I think likely to rise up to retest 2.39/2.40! 

A nice breakout smoothly plus good volume that may likely drive the price higher towards 2.43 & 2.50.

Not a call to buy or sell.

Pls dyodd.

KDC

 Chart wise, bearish mode!

Likely to go down to retest 2.30-2.32.

Breaking down of this level plus high volume that may likely drive the price lower towards 2.00 with extension to 2.00.

Pls dyodd.

MIT

 Chart wise, bearish mode!

Looks like she may likely see further weakness!

XD 4TH August. Pay date 9 Sept.

Short term wise, I think likely to go down to revisit 2.61.

Next support level is at 2.50.

Pls dyodd.

ComfortDelgro

 I think after taking a break she is likely to continue to resume this uptrend mode!

Short term wise, likely to re-claim 1.65.

XD 4TH August. Pay date 9 Sept.

A nice breakout smoothly + good volume that may likely drive the price higher towards 1.70 then 1.80 level.

Pls dyodd.

 Chart wise, bullish mode!

Likely to continue to trend higher.

It has a nice breakout of 1.60 level smoothly plus good volume that is rather positive.

I think next destination is 1.66 then 1.70.

Pls dyodd.

 I think likely to move up to retest 1.57 again!

XD 4TH August. Pay date 9 Sept.

A nice breakout smoothly plus good volume that may likely drive the price higher towards 1.66 then 1.69.

Not a call to buy or sell.

Pls dyodd.

Genting Sing

 Chart wise, bullish mode!

Likely to continue to trend higher!

XD 4TH August. Pay date 9 Sept.

This morning she has gap up and crossed over the resistance at 80.5 cents coupled with good volume this is rather positive!

I think price may rise up to retest 83 then 90.

Not a call to buy or sell.

Pls dyodd.

SingTel

Chart wise, bullish mode!

This morning gap up looks rather positive and may likely retest 2.60 level again!

A nice breakout smoothly plus good volume that may likely drive the price higher towards 2.64 then 2.70.

Pls dyodd.

 

Last Friday close well at 2.43 looks rather positive! I think this bullish momentum likely to continue and rises higher towards 2.50 and above.

Pls dyodd.

 TA wise, bullish mode!

Likely to continue to trend higher!

XD 4TH August. Pay date 9 Sept.

Short term wise, I think likely to go up to retest 2.43. A nice breakout smoothly plus good volume that may likely drive the price higher towards 2.50 then 2.63

Not a call to buy or sell.

Pls dyodd.

Wilmar Intl

 I think she is still on track to retest 4.56 and rises up further!

A nice breakout smoothly plus good volume that may likely drive the price higher towards 4.60 then 4.70 & 4.80 & above.

 Wah, she is moving up the ladder after a nice crossing over at 4.45 resistance level,swee!

I think likely to rise up further towards 4.60 then 4.70 with extension to 4.85 level. 

Not a call to buy or sell.

Pls dyodd.

 Chart wise, still stuck in a consolidation mode!

Waiting for the next catalyst to drive the price higher!

3rd quarter results was out yesterday and net profit for the quarter to September rose 6 per cent to US$568.7 million. Its core net profit jumped by 15 per cent to a record high US$576.4 million.

XD 4TH August. Pay date 9 Sept.

Short term wise, I think a nice breakout of 4.45 level smoothly with good volume may likely drive the price higher towards 4.58 then 4.70 with extension to 4.83.

Not a call to buy or sell.

Pls dyodd.