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 Singapore REITS, S-REITS

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gark
post Feb 9 2017, 11:45 AM

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Bought some FReit today at 1.27 with recent divvy recieved.
gark
post Feb 9 2017, 09:10 PM

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QUOTE(prince_mk @ Feb 9 2017, 05:53 PM)
FReits  = Fraser Commercial Trust ?
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First reit la...
gark
post Feb 11 2017, 07:32 PM

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QUOTE(AVFAN @ Feb 11 2017, 11:07 AM)
mine are all (except AIMS) on feb 27-28.

r u still buying with div?

after a few years of reinvesting the div, i think i will cash them out to RM for expense.

must enjoy the fruits and not keep planting like a wrecked farmer. laugh.gif
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For me i will rather let the dividends snowball into more future dividends. Later only after retire, will enjoy those divvy.
gark
post Feb 11 2017, 07:42 PM

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QUOTE(Ramjade @ Feb 11 2017, 07:39 PM)
Subscribe for SCRIP?
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Not for me. I prefer to choose which reit is undervalue or i need to collect more by buying individually. Drip you have no choice on counter and price, also you might end up in odd lots, so i dont like it.

This post has been edited by gark: Feb 11 2017, 07:44 PM
gark
post Feb 15 2017, 12:45 PM

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QUOTE(Ramjade @ Feb 14 2017, 04:35 PM)
Already bought. Thinking of switching my Mapletree with Keppel or keep my Mapletree.
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Mapletree com is a much better reit compared to kepple in my opinion.
gark
post Feb 15 2017, 12:49 PM

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QUOTE(Ramjade @ Feb 15 2017, 11:58 AM)
Reason for wanting to switch to Keppel
1) It have AU portfolio so if SG market is bad there's AU to backup. Mapletree does not have AU offices.
2) Higher dividend
3) Almost 99.x% occupancy for all office (which is good)
4) Mapletree depends on Vivocity mainly for income. We all know malls got hit and suburban malls are stronger in bad economy. I do not know how Mapletree Business City will perform this year (the one they just acquired)

Reason for not switching
1) Apparently Keppel increase the FM fees and lower the dividend. This is bad.
2) Dispose off some building and use it to lower it's gearing which means it's income this year will be lower.
3) Mapletree is hybrid and so far from blogger it is mentioned that Vivocity is doing well.
4) Keppel put Bugis Junction Towers up for collateral

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Maple business city rental is only half from kepple buildings and just a couple of mrt stops away. In times of not so good economy, mbc will have better demand for its office space. I am more favorable to business parks rather than teir 1 office building with super expensive rental.

This post has been edited by gark: Feb 15 2017, 12:50 PM
gark
post Feb 15 2017, 01:00 PM

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QUOTE(Hansel @ Feb 15 2017, 12:55 PM)
Yeah,... that's a good point there, Gark,... I'm also in the same opinion. Business Parks seems to be a one of its kind now,... but having said that, the REIT that is very much into business parks seems to have not so good comments against it - Viva Industrial Trust. What's your opinion of this Viva ?
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The old viva is not so good, but the new viva with its rejuvenated business parks is hopefully doing well by adding more retail components. Becareful one of its property jackson design hub rental support will be ending in 2018. But at the yield it is giving i would say the counter is ok.. but you need to monitor it heavily in case of downturn. I am vested but the price has gone up a lot recently.
gark
post Feb 15 2017, 01:03 PM

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QUOTE(Ramjade @ Feb 15 2017, 12:56 PM)
Which means MCT won't be able to dish out the same level of dividends as Keppel. AM I right?

Thanks for the feedback.
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Yes, but the price of the building is also bought at half psf so it is fair and square. Look at last few years, kepple keep dropping divvy and mapletree com keep raising divvy.
gark
post Feb 15 2017, 01:40 PM

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QUOTE(Ramjade @ Feb 15 2017, 01:07 PM)
Fair enough. Any other office REITS with exposure to AU other than Keppel and Fraser? I am not going to go AU Reits straight away. Stick with S-REITS first.

What's your opinion between Acendas and AIMS? Both seem good but don't know which to choose. Right now have limited amounts in AIMS because partial filled last time.
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I am vested in aims but not acendas, due to yield difference. If you want AU exposure, good one will be frasers LT&I

Sg properties suffering from over supply and is currently downtrend, while AU is on the uptrend.

This post has been edited by gark: Feb 15 2017, 01:41 PM
gark
post Feb 15 2017, 02:11 PM

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Sg reit sales might be coming soon. Yesteday yellen speech mention the time is right for us to raise rate. Trump also say there will be major tax announcement next week.

Time to save bullets. wink.gif
gark
post Feb 15 2017, 03:14 PM

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Alert! Heavy selldown for rht trust.. i queue a big chunk at 80 cents smile.gif

7.6% yield at that price.

This post has been edited by gark: Feb 15 2017, 03:15 PM
gark
post Feb 15 2017, 03:45 PM

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QUOTE(elea88 @ Feb 15 2017, 03:42 PM)
cannot find info. whats the reason for the -5%
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I think the stock was way overpriced before and recent weak distribution shows a big drop in divvy. Imho the big drop is already anticipated since they divested part of their properties. Other than that, not sure.
gark
post Feb 15 2017, 03:54 PM

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QUOTE(Hansel @ Feb 15 2017, 03:51 PM)
This healthcare trust has its properties in India, managed by the Singh brothers - Shrivinder and Malvinder,... heard lots of prbs with their organizations,...
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Rht owned by fortis healthcare, which has recently been privatised by substantial shareholders. IHH also own shares in fortis.
gark
post Feb 15 2017, 03:57 PM

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Oops matched all at 80 cents... Now down to 78.5 cents.
gark
post Feb 15 2017, 04:00 PM

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QUOTE(elea88 @ Feb 15 2017, 03:58 PM)
ya i just saw .78..
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Hahaha i queue again at 75 cents...
gark
post Feb 15 2017, 04:00 PM

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QUOTE(elea88 @ Feb 15 2017, 03:59 PM)
https://www.fool.sg/2016/12/20/3-things-inv...t-health-trust/

This article in Dec 2016.

Business in INDIA will hv forex risk too?
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Depends on inr sgd exchange rate
gark
post Feb 15 2017, 04:08 PM

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QUOTE(elea88 @ Feb 15 2017, 04:07 PM)
mine done .76.. at -12%.. hmm dunno this knife how deep the cut.! haha.
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75 cents also matched.. haha

Really panic selling..
gark
post Feb 15 2017, 04:16 PM

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QUOTE(elea88 @ Feb 15 2017, 04:10 PM)
http://www.fortishealthcare.com/india/pres...-s-q2fy08-637-0

result not good.. but not too bad.. why drop like that...
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Well we will find out soon.. anyway the knife is now at 74 cents.. i suspect a foreign investor is unloading at all cost..
gark
post Feb 15 2017, 04:23 PM

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Queue again at 70 cents.. rawr! wink.gif
gark
post Feb 15 2017, 04:33 PM

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Sgx query is normal if got big movement.. prob they will reply no information.

Price seems to be recovering now... So exciting!

Update: in the money now smile.gif

This post has been edited by gark: Feb 15 2017, 04:44 PM

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