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Singapore REITS, S-REITS
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elea88
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Sep 7 2015, 05:10 PM
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QUOTE(AVFAN @ Sep 2 2015, 02:00 PM) sgreits been soft last few days. i tried nibbling at capitamall and suntec... but nothing done, no easy catch... first reit today 1.22. just saw it.. anybody buy?
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AVFAN
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Sep 7 2015, 05:20 PM
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QUOTE(elea88 @ Sep 7 2015, 05:10 PM) first reit today 1.22. just saw it.. anybody buy? i hv enough of fret for now. waiting to see if aims will lose another 3 cents, will buy a bit.
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Showtime747
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Sep 7 2015, 06:19 PM
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QUOTE(elea88 @ Sep 7 2015, 05:10 PM) first reit today 1.22. just saw it.. anybody buy? I very takut nowadays. Better hibernate
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TSprophetjul
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Sep 8 2015, 08:42 AM
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First is too expensive for me......yield does not meet target
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elea88
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Sep 8 2015, 09:13 AM
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QUOTE(AVFAN @ Sep 7 2015, 05:20 PM) i hv enough of fret for now. waiting to see if aims will lose another 3 cents, will buy a bit. bought AIMS last month.. so, maybe will top up FIRST. I do not hv CAP MALL.. u think whats best price 2 get in?
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AVFAN
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Sep 8 2015, 10:31 AM
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QUOTE(elea88 @ Sep 8 2015, 09:13 AM) I do not hv CAP MALL.. u think whats best price 2 get in? i'll say 1.85-1.88 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 to decide on rate hike. now... IF they say "not so soon", all prices will climb back up! This post has been edited by AVFAN: Sep 8 2015, 10:35 AM
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TSprophetjul
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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!  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.
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AVFAN
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Sep 8 2015, 10:48 AM
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QUOTE(prophetjul @ Sep 8 2015, 10:35 AM) 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. 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...
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TSprophetjul
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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...  Caught between the hard rock and big blue............do you die, DOn'T DIE
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Hansel
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Sep 8 2015, 11:00 AM
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QUOTE(prophetjul @ Sep 8 2015, 10:50 AM) Caught between the hard rock and big blue............do you die, DOn'T DIE  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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TSprophetjul
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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. Think Malaysia would prefer more investments due to cheaper RGT. The Rakyat is easier to manage compared to FDIs. My opinion.
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Hansel
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Sep 8 2015, 12:38 PM
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QUOTE(prophetjul @ Sep 8 2015, 11:08 AM) Think Malaysia would prefer more investments due to cheaper RGT. The Rakyat is easier to manage compared to FDIs. My opinion. So you choose (1). Tq.
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TSprophetjul
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Sep 8 2015, 12:43 PM
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QUOTE(Hansel @ Sep 8 2015, 12:38 PM) i think gomen will choose that.
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TSprophetjul
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Sep 8 2015, 02:31 PM
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1.00 SGD = 3.04858 MYR
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AVFAN
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Sep 8 2015, 06:17 PM
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QUOTE(prophetjul @ Sep 8 2015, 02:31 PM) 1.00 SGD = 3.04858 MYR  i now take 3.0 as my reference rate to buy or sell. most unlikely to strengthen for all we know. if it gets weaker, it's a bonus.
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Hansel
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Sep 8 2015, 07:05 PM
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Target hit : I have always 'speculated' that the SGD will one day reach RM3. Let's see if it will rise a little bit more to stabilise RM3 as a strong floor.
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AVFAN
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Sep 9 2015, 11:07 AM
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QUOTE(elea88 @ Sep 7 2015, 05:10 PM) first reit today 1.22. just saw it.. anybody buy? wud hv been nice if u bot at 1.22. just 2 days, 1.28.
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cwhong
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Sep 9 2015, 11:44 AM
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QUOTE(AVFAN @ Sep 1 2015, 07:06 PM) haha.... those days... i remember i wasn't amused when i could not find my staff. when i asked around, someone told me where to go - another floor in the building where a broker is located. when i went there, i saw my staff, my colleagues and my bosses there. they all said, "just throw a dart, u make money".  haha, gambling den in those days......
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Hansel
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Sep 9 2015, 01:28 PM
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QUOTE(AVFAN @ Sep 9 2015, 11:07 AM) wud hv been nice if u bot at 1.22. just 2 days, 1.28.  Looks like trading the Singapore REITs is quite profitable if we got the direction right, since they can move so much within a few days. I find the Msian REITs are not so volatile.
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AVFAN
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Sep 9 2015, 02:30 PM
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QUOTE(Hansel @ Sep 9 2015, 01:28 PM) Looks like trading the Singapore REITs is quite profitable if we got the direction right, since they can move so much within a few days. I find the Msian REITs are not so volatile. becos sgreits are larger, have a lot more foreign participation, more transparent. myreits - think pretty much all local, subject to special "local forces".
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