|Substantial Shareholders||Number of shares held||Percent of shares held|
|Ascendas Land (Singapore) Pte Ltd.||476,167,336||16.76%|
|Mondrian Investment Partners Limited||227,837,468||8.02%|
|Matthews International Capital Management, LLC||119,925,204||4.22%|
|Ascendas Funds Management (S) Limited||62,696,725||2.21%|
The current yield is 6.26% and the counter pay out consistent annual dividends of $0.14-$0.15. The P/B is 1.072. The revenue has been growing Y.O.Y. Recently, AREIT announced the plan to acquire 3 science park building for $420M.
|26/Oct/2016||29/Nov/2016||Multiple Dividends||S$ 0.023|
|05/Aug/2016||09/Sep/2016||Multiple Dividends||S$ 0.056|
|11/May/2016||07/Jun/2016||Multiple Dividends||S$ 0.043|
|15/Dec/2015||15/Jan/2016||Multiple Dividends||S$ 0.031|
|28/Oct/2015||27/Nov/2015||Multiple Dividends||S$ 0.08|
|29/Apr/2015||29/May/2015||Multiple Dividends||S$ 0.073|
|29/Oct/2014||28/Nov/2014||Multiple Dividends||S$ 0.073|
|25/Apr/2014||30/May/2014||Multiple Dividends||S$ 0.035|
|23/Jan/2014||27/Feb/2014||Multiple Dividends||S$ 0.035|
|22/Oct/2013||25/Nov/2013||Multiple Dividends||S$ 0.0|
The acquisition of the 3 buildings is expected to generate net property income yield of ~ 6.3% . The annualised pro forma impact on distribution per unit will be ~0.059 Singapore cent per unit for the year ended 31 Mar 2016.
I have been monitoring this Reit and finally got the opportunity to do a nimble to get some lots based on Technical Analysis and candle sticks analysis. This REIT counter is a strong fundamental company with a very strong management team. Will get some more lots if the counter present an opportunity.