Activist investment

Quarz Capital proposes merger of Ascendas Hospitality Trust and Ascott Residence Trust

SINGAPORE (Apr 25): Activist investor Quarz Capital Management has issued an open letter to the manager of Ascendas Hospitality Trust (A-H Trust) urging for its merger with Ascott Residence Trust (ART) to resolve the key issue of overlapping investment mandates between the two REITs and deliver s

Hot Stock

AEM up 4.8% as it revises FY19 revenue upwards

SINGAPORE (Apr 25): Shares in AEM Holdings are up 5 cents at $1.10 with 11.4 milliion units changing hands after announcing it has received sales orders worth $209 million for delivery in FY2019.

Results

Manulife US REIT declares 22.8% higher 1Q DPU of 1.51 US cents on enlarged portfolio

SINGAPORE (Apr 25): The manager of Manulife US Real Estate Investment Trust (Manulife US REIT) has declared a DPU of 1.51 US cents for the 1Q19 ended March, 22.8% higher than the 1.23 US cents DPU declared the same quarter a year ago.

Results

First Sponsor posts 39% increase in 1Q earnings to $23.8 mil; to launch rights issue of perps

SINGAPORE (Apr 25): First Sponsor Group announced that its 1Q19 earnings increased 39% to $23.8 million, compared to $17.1 million in 1Q18.

Results

Far East Hospitality Trust declares 3.2% lower 1Q DPS of 0.91 cent

SINGAPORE (Apr 25): The manager of Far East Hospitality Trust (FEHT) has declared 1Q19 DPU of 0.91 cent, 3.2% lower than 0.94 cent in 1Q18.

Income available for distribution also saw a slight 1.2% decrease to $17.4 million from $17.6 million a year ago.

Quarz Capital proposes merger of Ascendas Hospitality Trust and Ascott Residence Trust

1 hour 39 min ago

SINGAPORE (Apr 25): Activist investor Quarz Capital Management has issued an open letter to the...

AEM up 4.8% as it revises FY19 revenue upwards

3 hours 39 min ago

SINGAPORE (Apr 25): Shares in AEM Holdings are up 5 cents at $1.10 with 11.4 milliion units...

Manulife US REIT declares 22.8% higher 1Q DPU of 1.51 US cents on enlarged portfolio

5 hours 21 min ago

SINGAPORE (Apr 25): The manager of Manulife US Real Estate Investment Trust (Manulife US REIT) has...

CFA charterholders measure up to the needs of their clients and the demands of a changing world.

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CFA Society Singapore

Why we sell the stocks even if we still like the companies

22 Apr 2019

SINGAPORE (Apr 22): Let me start by wishing our Christian readers a blessed Easter. This week, I would like to take a bit of space to explain why we recently disposed of several of our investments, some at a loss. We make big mistakes too, and it...

We are adding three US consumer-related stocks based on our contrarian view

15 Apr 2019

(Apr 12): Last week, I talked about why US consumers may well be the key driver for near-term global growth, contrary to widely held views. To very quickly recap, thanks to a decade of deleveraging, in the aftermath of the global financial crisis,...

US consumers may drive near-term global growth, contrary to widely held views

5 Apr 2019

(Apr 5): More words of caution from the US Federal Reserve on the US economy as well as weak manufacturing data from around the world triggered yet another bout of investor panic over recession fears in March, albeit a relatively short-lived one, as...

Perpetual securities are debts, not equity. Here's why

29 Mar 2019

(Apr 1): If it walks like a duck, quacks like a duck, looks like a duck, swims like a duck, then it probably is a duck. Why are companies so intent on classifying perpetual securities (perps) as equity, instead of what they really are: financial...

Activist investment

Quarz Capital proposes merger of Ascendas Hospitality Trust and Ascott Residence Trust

SINGAPORE (Apr 25): Activist investor Quarz Capital Management has issued an open letter to the manager of Ascendas Hospitality Trust (A-H Trust) urging for its merger with Ascott Residence Trust (ART) to resolve the key issue of overlapping investment mandates between the two REITs and deliver s
Hot Stock

AEM up 4.8% as it revises FY19 revenue upwards

SINGAPORE (Apr 25): Shares in AEM Holdings are up 5 cents at $1.10 with 11.4 milliion units changing hands after announcing it has received sales orders worth $209 million for delivery in FY2019.
Results

Manulife US REIT declares 22.8% higher 1Q DPU of 1.51 US cents on enlarged portfolio

SINGAPORE (Apr 25): The manager of Manulife US Real Estate Investment Trust (Manulife US REIT) has declared a DPU of 1.51 US cents for the 1Q19 ended March, 22.8% higher than the 1.23 US cents DPU declared the same quarter a year ago.
Results

First Sponsor posts 39% increase in 1Q earnings to $23.8 mil; to launch rights issue of perps

SINGAPORE (Apr 25): First Sponsor Group announced that its 1Q19 earnings increased 39% to $23.8 million, compared to $17.1 million in 1Q18.
Results

Far East Hospitality Trust declares 3.2% lower 1Q DPS of 0.91 cent

SINGAPORE (Apr 25): The manager of Far East Hospitality Trust (FEHT) has declared 1Q19 DPU of 0.91 cent, 3.2% lower than 0.94 cent in 1Q18.

Income available for distribution also saw a slight 1.2% decrease to $17.4 million from $17.6 million a year ago.