I think it did. I got Kore I think at 0.56. I was using fifth person website last time I saw I think 15% I was nice. United was close to 15% but I agree it never reached.

I know kore went to 0.4x if I am not mistaken. It was what I learn from ASSI. One way to juice the income is buy when it's selling off.

FHT fell 16% at market open.

yup, still HODL XD - dunno about the rest of our fellow forumers 

Aside from IREIT Global, the share price of Elite Commercial REIT also drops a lot.

If I am not mistaken, the share price of Elite Commercial REIT is near to all time low. Any reason for that?

O yes. Scoop up some m44u

Haha, I feel ya.

O well. Continue I guess.

Fire sale 🤤

Not reach March 2020 low, then it's not cheap enough 

elite and parkway?

drop more buy more

As the name suggests.

Ask Yip

🤣🤭

Hey Ramjade, I have been using Kenanga for a while and last year onwards they allow us to subscribe rights and also DRP

But yes. Brokage is abit higher at 0.6%

Hi bro,... PLife's dpu will be growing and contributing to the spread with risk-free rates. If dpu of a REIT can grow, no problem there.

Sg Bond yield can turn back easily as soon as the tightening stops. Then capital gain starts to pile-up at PLife REIT.

Not cheap enough for me yet.

I did. Only you missed out. I said few days ago I added.BLK, visa, google, msft. CNI, Adobe, amd.

Will load up again once paycheck comes in at the end of the month.

When so many things are on sale, choose the best stuff to buy.

I did. I loaded up on united, prime and keppel kbs

During crisis spreads can reach 5-6% p.a. or higher, so you can start purchasing at 3.3% + 5-6% or somewhere near LTM 8-9% p.a. yields for the large caps REITs. Since LTM dividend payouts per share are known value, you can compute your entry price from there.

9% is actually still below 2009 crisis level yield level. LTM yield reached 16% at its highest back then, or double the reference level I quoted earlier. But you can't predict the spread. So purchase bit by bit.

Anyway the above are just a reference of course.

Some figures:

Actually bros,... I'm glad to be in Malaysia, spending in the Ringgit. If my dpu amt falls because of whatever reasons, generally the Ringgit will weaken too at the same time, so when I convert and remit back,.. I will get back more Ringgit to spend.

BUT if I'm a Singaporean, a fall in dpu amt will directly translate into lesser money to spend.

Finally, if I wish to visit any foreign countries today or to send money to my children in the foreign country, converting the SGD into the currency of that ctry is really helpful to me. Because the SGD has strengthened against the currency of most countries today.

Majulah....