Mapletree Logistic Trust to Start Trading Today

k4korny SG

ohh.. i misread.. paiseh.

Market watchers are wondering if Suntec Real Estate Investment Trust's recent deals to buy $788 million worth of assets from City Developments will proceed in its current form in view of Temasek Holdings chief executive Ho Ching's caution to investors about some hazards in the Reit market.

Suntec's proposed acquisition announced a month ago involves deferred payment of nearly 10 per cent of the purchase price through the issue of units in Suntec Reit.

This is from Fri's BT. Anyway, the deal is not cast in stone yet.
even if it is, when the world's 30th most powerful woman speaks, you have to guai guai listen.. Laughing

shade343 SG

MLT Currently trading at 93/93.5 Very Happy

Hmmm....should I buy more? Laughing

k4korny SG

told you it will have 2nd wind rite.. Cool

tot you said you would rather buy more suntec reit at 1.18 than MLT at this price??!! Shocked Laughing
even tho everyone knows Suntec gives better yields, ppl may still buy MLT at $1. It goes to show that stock prices is not only about valuation of the coy, it is also about ppl's exuberance abt the coy's performance.

shade343 SG

Yah. Sometimes I really dont understand the Market. Laughing It does not make sense to buy MLT at $1 because that would result in a lower yield than buying Suntec Reit at $1.18.

The same thing happened to Starhub....Although they were losing money in the year they started trading, the share price never went down...kept going up

I think MLT will rise further because of what Ho Ching says. Laughing

iveco SG

Is MLT another RIET? The word “Logistics” has connotations with supply and/or transport.

k4korny SG

MLT is another REIT that is investing in properties whose main activities are logistics.. like FTZ/ Non-FTZ Third Party Logistics, distribution centres etc.
This is their website:
http://www.mapletree.com.sg/news/news.html#

SBS3641G SG

Wasn’t Mapletree responsible for footing the bill when WTC was renamed?

k4korny SG

Yup. In fact Mapletree owns Harbour Front.

However, the HarbourFront properties are not included in the Mapletree Logistic Trust that was listed. Only 12 out of all the properties they own are included in the REIT. Does this sound confusing?

k4korny SG

If it rises further, it's becos MLT is own by Ho Ching and her TH. Laughing

shade343 SG

Thats why I was a bit buay song with MLT. Never include Alexandra Business Hub and the Harbour Front Center... Mad I smell another REIT by Mapletree Investments... Laughing

shade343 SG

Mapltree Investments is the Parent Company. They have a few wholly owned subsidiaries. MLT is one of them Very Happy

k4korny SG

yah.. when I saw that they own Harbour Front, then I realise why you were so pissed. Laughing

That Harbour Front stretch of property is now sooo hot!! Maybe they are reserving it for later, list it when they have earned enuff liao..

shade343 SG

MLT is currently trading at 98/99 Very Happy

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