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 Singapore REITS, S-REITS

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TSprophetjul
post Aug 28 2015, 02:33 PM

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QUOTE(AVFAN @ Aug 28 2015, 01:53 PM)
yes, think it can rally a bit more.

but happy enough with last purchases.

all sgd used up. wait for next div round...
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was waiting for another 5% retreat to load........alas.......
TSprophetjul
post Aug 28 2015, 02:56 PM

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QUOTE(Hansel @ Aug 28 2015, 02:49 PM)
Relax,... it's not easy to time the mkt,... if I knew that the SG REITs would dip and then recover in a few days, I would have sold all my ASx, convert into the SGD even at the current high rates, and the buy-up all the REITs at the point of dipping. Hind-sight investment is too easy....
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i bought on on the down turn........but hoping that it goes down another 5%
TSprophetjul
post Aug 28 2015, 03:51 PM

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QUOTE(Hansel @ Aug 28 2015, 03:32 PM)
OKay, then you would have made something already since the price would have come up by now compared to your earlier price bought at downturn. YOu were expecting the price to dip further so that you can average down your price further, and then profit more.  biggrin.gif  biggrin.gif

Count your blessings that you bought on the way down. Otherwise, if you have waited for it to dip further before making the first purchase, you may not be able to catch any units before the rebound.
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Like i mentioned before, the retreat in prices enable my target yields to be made, so i bought first tranche.
i planned to buy in 3 tranches.....this 1st one.....another 5% retreat..........then hoping for the BIG down!
TSprophetjul
post Aug 28 2015, 04:46 PM

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QUOTE(AVFAN @ Aug 28 2015, 04:43 PM)
u can never buy enough when low and good, but very easy to buy too much when high and no good, right?

hehe... we hv all been there. laugh.gif
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thumbup.gif thumbup.gif thumbup.gif


TSprophetjul
post Aug 28 2015, 04:54 PM

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QUOTE(Hansel @ Aug 28 2015, 04:50 PM)
Again,.. looking at hindsight is always the perfect vision. So,.. don't look back at what's already happened. There will always be another chance.

What I have experienced back in 2007/8 was I need to have the targeted REIT bounce up and down a few times, before I gather the courage the load-up more when it was down, knowing that it will bounce up again, and will never fall all the way into liquidation.

This is the valuable part of 'having been there'.
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That's the reason i focused on the potential yields, instead of looking at the bounce! laugh.gif
TSprophetjul
post Aug 28 2015, 05:12 PM

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QUOTE(Hansel @ Aug 28 2015, 05:10 PM)
If you are able to recognise the bounces, you will make a higher yield, collect more DPU at lower prices and increase your margin-of-safety in the counters that you hold.
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Thats the reason we have to average in. we wont catch the bottom.
So instead of being emotional, better set the yardstick on the numbers
TSprophetjul
post Aug 28 2015, 05:21 PM

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QUOTE(Hansel @ Aug 28 2015, 05:17 PM)
OKay,.. right, if you can't recognise the bounces, in other words, yes, you can't catch the bottom. Fair enough. So..., we all should not be disappointed then with our performance, and feel that we have lost an opportunity for another 5% dip, or even that we have lost an opportunity to load-up the truck.

LIke I said earlier,... there will always be another chance. The coming opportunity will even be better,... it is a never-ending cycle. IT is just a matter of when.
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Yeah........i agree with that. i have no regrets about buying. Just flustered that it didn't go down further as i hoped for.
TSprophetjul
post Aug 28 2015, 05:42 PM

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QUOTE(Showtime747 @ Aug 28 2015, 05:39 PM)
Yalor, whole of last week until last Friday whole world down, looks like doom and gloom. So buy bit by bit and look see look see. If go down further, then can buy more to average down. But then suddenly DJI exploded at night. Monday straight shoot up until today. And I missed the boat  cry.gif

This is the human psychology I can't get over with. Even with 8-9% yield, still takut  tongue.gif
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Croesus was yielding almost 10%!!!! brows.gif
TSprophetjul
post Sep 1 2015, 08:22 AM

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QUOTE(Showtime747 @ Aug 31 2015, 10:23 PM)
thumbup.gif

Seems that you are a trader ?
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Why are traders interested in slothful Reits?
TSprophetjul
post Sep 1 2015, 10:10 AM

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Shanghai - 4.5%
TSprophetjul
post Sep 1 2015, 10:40 AM

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QUOTE(Hansel @ Sep 1 2015, 10:34 AM)
Sory, my friend,... have not checked. But off the top of my head,... the last I saw was that for 1-yr and above, it was below 1%. Sorry, quite low, huh ??? Singapore Savings Bonds - no idea al all.

Olam bonds have a high yield now. But they are constantly being haunted by accounting issues raised by a firm called Muddy Waters.
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SG bonds will be very low.

Olam has recovered somewhat
TSprophetjul
post Sep 1 2015, 10:19 PM

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QUOTE(Showtime747 @ Sep 1 2015, 05:44 PM)
Not even close to WB. But I still hold some counters since 1990s  tongue.gif
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impressive!

My longest holding was from 1989 to 2009. laugh.gif Sold before the financial crisis of the banks
TSprophetjul
post Sep 8 2015, 08:42 AM

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First is too expensive for me......yield does not meet target
TSprophetjul
post Sep 8 2015, 10:35 AM

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QUOTE(AVFAN @ Sep 8 2015, 10:31 AM)
i'll say 18.5-1.88 will be fine.

capitamall is among the lowest yields still, may go a bit lower.

all reits under pressure as us fed meets on sep 16-17 decide on rate hike.

now... IF they say "not so soon", all prices will climb back up! laugh.gif
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They won't raise the rates. Not unless they want more USD inflows which will sink the world.
Plus US businesses are not as rosy as they project.
TSprophetjul
post Sep 8 2015, 10:50 AM

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QUOTE(AVFAN @ Sep 8 2015, 10:48 AM)
overall, yes, doesn't seem to make sense.

but... they know if they don't raise after 7-8 years of low rates, other problems will become disastrous - pension plans, insurance cos. and the like. these will start to get into big trouble, another crisis will loom.

well, maybe raise a wee bit in december... biggrin.gif
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Caught between the hard rock and big blue............do you die, DOn'T DIE biggrin.gif
TSprophetjul
post Sep 8 2015, 11:08 AM

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QUOTE(Hansel @ Sep 8 2015, 11:00 AM)
Good morning.

Well, our BNM is experiencing a similar problem with raising our Overnight Policy Rate (OPR) on the coming Friday mtg

1) Raise - they run a chance of protecting further capital outflows and being able to match the FOMC ambition. But rakyet will suffer Direct inflationary pressures.

2) Don't Raise - they run a risk of further depreciation of the RM, causing further Indirect inflationary pressures.

Let's watch closely for the MPS press statement on the coming Friday evening.
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Think Malaysia would prefer more investments due to cheaper RGT.
The Rakyat is easier to manage compared to FDIs.

My opinion.
TSprophetjul
post Sep 8 2015, 12:43 PM

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QUOTE(Hansel @ Sep 8 2015, 12:38 PM)
So you choose (1). Tq.
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i think gomen will choose that.
TSprophetjul
post Sep 8 2015, 02:31 PM

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1.00 SGD = 3.04858 MYR shakehead.gif
TSprophetjul
post Sep 15 2015, 08:36 AM

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Bet you 1 cent no rate hike in Sep.
TSprophetjul
post Sep 15 2015, 10:21 AM

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QUOTE(Hansel @ Sep 15 2015, 09:37 AM)
Be careful,... there are two main events dictating the REITs mkt now :-

1) FOMC Rate Hike on Friday morning,
2) speech by Ms Yellen at the same time (especially if there is no hike), AND
3) THE CHINA EFFECT, ie the numbers and reports coming out from China.

Edit : three

I would wait,... another round for me to buy my retirement instruments again.
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You mean rate hike decision?

As for Yellen, she isn't sure of anything since she took over. So pinch of salt and patience.

As for China, its a forgone result that it is slowing. The only question is

a) the rate of the slowing
b) whether you can trust their numbers?

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