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 REIT V2, Real Estate Investment Trust

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Hansel
post Jul 25 2011, 01:06 PM

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QUOTE(wongmunkeong @ Jul 25 2011, 07:39 AM)
Hm.. not only that, anyone noticed the P/E is missing from the online screen or is it just HLeB's? For SUNREIT i understand lar, less than a year old but ARREIT also no P/E?
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Sharp observation there, WongMK.

I too see quite some left-outs every now and then, and here and there too with these counters. I wondered if these 'non-disclosures' are done deliberately.
Hansel
post Jul 26 2011, 02:11 PM

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QUOTE(wongmunkeong @ Jul 25 2011, 09:09 PM)
Aiya bro Gark, i'm a typical kiasi Cina beng mar. All other investments and trades can see P/E - this one buta buta elek, chicken shit lar, especially when this happened to Shell several years back. Floor may be full of feathers  tongue.gif

The more info / data, the better heheh  brows.gif
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What Tee and Gark said is true - REITs may need different types of ratios and parameters to value, even share counters in different sectors and different industries call for different financial ratios.

For REITs - yes, basically it's DY, but I look at EPS, Cashflow (which takes into account gearing or Debt-to-Equities Ratio) and Occupancy Rate too.

Tee said the system calculates P/E as Market Cap over Net Profit. But;

1) P/E = Share Price over Earnings, and,

2) Market Cap = Share Price x Number of Shares in circulation

Hence, how did we derive P/E by using Market Cap over Net Profit, and a side question would be : is Earnings = Net Profit ?
Hansel
post Aug 4 2011, 06:37 PM

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QUOTE(mIssfROGY @ Aug 4 2011, 01:54 PM)
Hmm not really.....it varies........it declares differently from year to year...one of my sgreit 1 year 3% another year 7%....
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Not all SG REITs behave like that. Some REIts have consistent dividends, and some even have growing ones. Take a look at the following REITs :-

1) First REIT

2) Parkway Life REIT

Good payouts.

The thing about SG REITs are the higher transparency, and zero tax on individual investors. Now, the buying can be done throughout the whole day, no lunch breaks.

Think about it.
Hansel
post Aug 4 2011, 08:21 PM

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QUOTE(wongmunkeong @ Aug 4 2011, 07:30 PM)
Those with $ammo$ stored + dry powder will DEFINITELY touch and bang wood - for it to happen!  drool.gif
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Of course, I have tried this too, but the problems start when that 'Shopping Day' never comes, and I start to feel that I am losing out on opportunity cost, and missing out on the dividends that I could have earned, on the coupons that I could picked-up, or the premiums I cold have collected... or when it comes to properties, on the rentals I could have collected from my tenants had I taken the plunge, even if at a premium price.

So long as we are able to hold, and the investment is sound and not toxic, I stand on the belief that anytime is a good time to buy.

One should be able to invest in any market conditions.
Hansel
post Aug 5 2011, 01:26 AM

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QUOTE(wongmunkeong @ Aug 4 2011, 09:34 PM)
Agreed - it depends on which vehicles (bonds, stocks exREITs, REITs, properties, metals, MM) and for what (income, cap gains via value or growth, trade, etc.). Still gotta "wait" for the right triggers / personal entry rules mar right? Touch wood, touch wood tongue.gif
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Certainoy, in other words, need to be fully-satisfied that it is a viable entry point to go for, but what I am trying to say is not to take too long. smile.gif
Hansel
post Aug 9 2011, 03:28 PM

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QUOTE(teehk_tee @ Aug 9 2011, 01:44 PM)
gone over some data and updated some REIT yields based on mreit.reitdata.com

AMFIRST - 8.591%
ATRIUM - 8.350%
ARREIT - 8.227%
TOWER - 8.175%
HEKTAR - 7.923%
QCAP - 7.842%
UOAREIT - 7.535%
STAREIT - 7.483%
AXREIT - 7.229%
CMMT - 6.341%
SUNREIT - 6.296%
ALAQAR - 6.054%

smile.gif
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Be careful - the net yield is after minussing-out the witholding tax from the above levels. I believed it's 25% from the above.


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