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If we exclude the income from earn out deed, the forecast distributable income for FY 2011 and FY 2012 would be S$14.6 million and S$25.4 million respectively. This works out to a full year DPU of 1.3 SG cents in FY 2011 and 2.2 SG cents in FY 2012.
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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CIMB wrote a rather comprehensive initiation report on PRCT today:
http://www.remisiers.org/cms_images/rese...12cimb.pdf [Report]
PRCT closed at 53.5 cents today.
(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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Its interesting to note that CEO of PerennialCRT and CEO of Wilmar have been quite aggrasively increasing their stakes these few days via open market purchase. Since 3rd Sept both accumulating approx 3mil units each.
Its also interesting to note that they are buying similiar qty on each individual days.
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What a run up it has done