DBS

Chart wise, looks bearish!
With the recent technical rebound from $19.50 to touch the high of $20.69 it might be an opportunity for those who want to exit the trade! The trading volume isn't high and this temporary throw-back reaction may be short-lived.

Short term wise, I think any further weakness of the price may see further selling off pressure!
Breaking down of $20.02 plus high volume that may likely see the price sliding down to retest $19.50 then $19.00 with extension to $18.50 and below.

NAV $19.20
Quarterly dividend has been cut from 33 cents to 18 cents. XD 14th Aug 2020.
Yield is about 3.49% base on current price of $20.60.


Not a call to buy or sell.
Pls dyodd.

Accordia Golf

Hosey!
Revised higher offer price at $0.772 .

Looks like Tuesday trAding price likely to spike up !


So, the deal is about 78.5 cents! SWEE!

Pls dyodd.

Purchase Consideration
I
Pursuant to the terms of the Supplemental Deed:
(a) the purchase consideration to be received by the Trustee-Manager for the Proposed
Divestment has been increased from a fixed amount of JPY 61,800 million
(approximately S$804.1 million 1 ) to a fixed amount of JPY 65,200 million

(approximately S$848.4 million) (the “Revised Purchase Consideration”), an
increase of JPY 3,400 million (approximately S$44.2 million);

(b) the Revised Purchase Consideration does not include the sum of JPY 1.2 billion set
aside by the TK Operator as special reserves for operations as set out in the
unaudited consolidated financial results for FY2019/20 (the “Special Reserves”);


(c) the TK Operator shall be entitled to and will distribute the entire amount of the Special
Reserves to the existing TK Investors (including the Trustee-Manager), subject to any
applicable withholding tax and the Trustee-Manager is entitled to distribute such sums
received to the Unitholders2; and

(d) Accordia Golf shall be entitled to the distribution of cash by the TK Operator for the
period commencing from 1 April 2020 up to the Assignment Date (which is due to be
paid on or around 30 November 2020).

FCT

Chart wise, looks bearish!
Likely to continue to trend lower!

Short term wise, I think it may go down to retest $2.26. Breaking down of $2.26 plus high volume that may likely drive the price lower towards $2.20 then $2.10.


Not a call to buy or sell.
Pls dyodd.