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Singapore REITS, S-REITS
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Havoc Knightmare
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 Jan 29 2020, 02:00 PM
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QUOTE(Ramjade @ Jan 29 2020, 01:43 PM) We all know Korea just scare people. You think they dare to do anything? This virus on the other hand is different. No one can control it except nature. Eventually will die down. From now until die down don't know take how long. Yes, it will die down, but once evidence emerges that the disease is being contained, then markets will have long bottomed out before then. The market bottom happens at peak panic, or when people are just blindly dumping. The time when you feel most like selling is when you should be buying actually, hence Buffet's 'blood on the street' maxim. |
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Havoc Knightmare
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Jan 29 2020, 02:12 PM
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Recall how this thread saw peak activity in late 2018 before the great rally of 2019 took off.. I was like LOL watching it from the sidelines -> https://forum.lowyat.net/topic/4642985 |
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Havoc Knightmare
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Jan 29 2020, 04:13 PM
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QUOTE(markedestiny @ Jan 29 2020, 04:07 PM) In your opinion, what caused the great rally 2019 which you described above? Major central banks like the Federal Reserve lowering interest rates and the ECB restarting QE in 2019. That was the main fuel behind the great 2019 rally. There were some of us here who were buying S-REITs in late 2018 at 9-12% yields such as Sasseur and Keppel KBS (now known Keppel Oak Pacific). This post has been edited by Havoc Knightmare: Jan 29 2020, 04:17 PM |
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Havoc Knightmare
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Jan 29 2020, 05:07 PM
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QUOTE(markedestiny @ Jan 29 2020, 04:53 PM) Yes, the rally was really efforts by the major CBs to push up the stock market despite economic data showing otherwise. In fact, in 2019 few countries including Singapore was technically in recession s reported by news.. But nothing happened due to the 'QE4' (fed is still not admitting that it's a QE) and the market keep moving and finding every reason to go higher and higher .. Oh and yesterday US market recovered from the drop due to the virus nevermind that the CDC starts to impose more restrictions on travel and contingencies etc, it's green!! Even my Chinese ADRs were in the green! Black swan event or not, the market is determined to go up and up. I am cautious, can't make sense it of it, but gladly go with the flow until the market decided it's enough  or when QE stops. In that context, you can decide for yourself to buy the dip now if you deem alright, after all it's your monies and the market still wants to move up... Central banks have been coming to the rescue of markets without fail since 2009. We can expect more rescue with this coronavirus issue. China's central bank will reduce interest rates or take other measures to support economic growth in response to this event. The Federal Reserve might even feel pressured to cut interest rates again this year if they see overall growth slow. Frankly, global economic growth since 2009 has been pathetic by historical standards, and people have spent the last decade worrying about the next crisis. In 2011-12 there was the 'double dip recession' fears caused by the European Debt Crisis. Then China slowed down in 2015-16 which led to the same worries again. Through all these events, global markets powered higher and higher thanks to central bank policies.. |
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Havoc Knightmare
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Jan 30 2020, 06:25 PM
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QUOTE(prophetjul @ Jan 30 2020, 10:49 AM) Bought Sasseur when no one wanted it at 65 to 70 cents.  Sold off my trading units at 87 cents and bought back at 78. I am not too familiar with Landlease. QUOTE(Hansel @ Jan 30 2020, 11:50 AM) Ok,... I'm still impressed !  All these years of being in LYN, so far this thread seems to be the only one in the Finance corner that I feel is worth reading and contributing to. The others just make me want to puke blood at least half the time. Keep up the good work guys. |
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Havoc Knightmare
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Jan 31 2020, 12:57 PM
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QUOTE(prophetjul @ Jan 31 2020, 08:19 AM) Bro Havoc, Bro Hansel and Your contributions are really good. Mostly well analysed and great insights. I am really bad with analyzing details nowadays. Maybe due to lack of time. And too many stocks! Sounds like you have a very large and healthy portfolio to manage! I guess we can safely say that peak panic is behind us. Markets are shrugging off WHO's emergency declaration and further spread of the disease. If early signs that the spread is slowing emerge, markets will likely spike. If only I had more funds to deploy.. |
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Havoc Knightmare
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Feb 4 2020, 10:33 AM
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QUOTE(prophetjul @ Feb 4 2020, 09:32 AM) Markets are very optimistic nowadays.  QUOTE(elea88 @ Feb 4 2020, 09:54 AM) ya no chance of big crash.. everybody all on standby to scope.. how to go down further? Yeah that's why I felt that market was at peak panic right after CNY holidays and went all in. Markets are already shrugging the disease off eventhough case numbers are still surging. To me, even in the worst case if the virus can't be contained, it will become normalized and we'll learn to cope with it in circulation alongside the other strains of influenza since this is no SARS or MERS in terms of mortality or severity. I still recall the panic surrounding H1N1 when it first entered into circulation but now its just another flu bug. After this, when economic data comes out weak, markets will just blame it on the virus and central banks will keep the party going. This post has been edited by Havoc Knightmare: Feb 4 2020, 10:33 AM |
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Havoc Knightmare
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Feb 5 2020, 10:21 AM
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QUOTE(moosset @ Feb 5 2020, 09:57 AM) Is there a website, brokers' reviews, bloggers about Singapore monetary policy meeting and the prediction / expected direction of their SIBOR rate? I want to avoid buying if the market is expecting a rate hike. The movement of SIBOR generally tracks USD LIBOR, its sufficient to follow the Federal Reserve since Singapore doesn't have independent interest rates, as in MAS doesn't set interest rates. This post has been edited by Havoc Knightmare: Feb 5 2020, 10:22 AM |
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Havoc Knightmare
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Feb 5 2020, 12:16 PM
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QUOTE(moosset @ Feb 5 2020, 11:01 AM) oh ... they don't have something like M'sian OPR rate? I see. Thanks! Nope, their monetary policy is unique because MAS targets its exchange rate instead of interest rate to manage the economy. MAS steers growth through weakening or strengthening the SGD, and leaves interest rates to the private sector to determine, which ends up following LIBOR. |
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Havoc Knightmare
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Feb 6 2020, 05:07 PM
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QUOTE(moosset @ Feb 6 2020, 10:42 AM) what causes Ascendas to rise until its all time high $3.28?  QUOTE(aspartame @ Feb 6 2020, 02:34 PM) The Coronavirus still ongoing but all stocks fly so much... what gives? Bond yields are falling.. interest rates are dropping... central banks are pumping money in. Like I've been saying for days, peak panic is behind us. By the time the virus situation is resolved one way or another, those investors who are waiting on the sidelines will be forced to buy at new highs. Markets don't wait around for investors. As the Malay adage goes, siapa cepat... This post has been edited by Havoc Knightmare: Feb 6 2020, 05:09 PM |
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Havoc Knightmare
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Feb 10 2020, 09:56 AM
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QUOTE(GloryKnight @ Feb 7 2020, 10:12 PM) I think coming Monday and week, there will be chances for fishing again. Big drop incoming. Sg had just announced orange level alert. Told you all worse yet to come. Supermarkets now all frenzy buying. Frenzy selling incoming. Oops and now Guangzhou lockdown Wrong thread bro. S-REITs have seen the worst already. |
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Havoc Knightmare
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Feb 10 2020, 03:35 PM
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QUOTE(moosset @ Feb 10 2020, 03:01 PM) worst? I though SReits have been doing really well?? I'm trying to be nice here...  |
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Havoc Knightmare
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Feb 13 2020, 10:38 AM
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QUOTE(Ramjade @ Feb 13 2020, 10:05 AM) Ireit results no good. Don't know why price can still cheong. DPU drop is solely due to EUR weakening. Fundamentals are intact.. check out Germany's office market, still very hot. So while IREITs property rental contracts are still not up yet for renewal anytime soon, their asset values have jumped, hence the NAV spike. There is a reason CDL took up a sizeable stake in the REIT last year, the family are known to be very shrewd investors. It's a deeply undervalued REIT. |
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Havoc Knightmare
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Feb 13 2020, 11:44 AM
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QUOTE(Ramjade @ Feb 13 2020, 10:46 AM) Their dpu also drop in terms of EUR. Look at their Spanish property which they planned to acquired. 60% occupancy only. Their revenue and income distributed rose slightly, so it's not an operating issue. Likely DPU dropped due to larger unit base due to management fees being paid in units, but will need to check to verify. I do agree with you on their Spanish acquisition. I only like Germany's real estate market and wished that they stayed there only. The impact shouldn't be too big on the overall portfolio, but it is a negative to me still. |
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Havoc Knightmare
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Feb 13 2020, 12:14 PM
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QUOTE(Ramjade @ Feb 13 2020, 11:49 AM) I sold because I feel they are being forced into the recent acquisition. I would do so if they keep increasing their non-Germany exposure. |
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Havoc Knightmare
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Feb 20 2020, 03:21 PM
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QUOTE(prophetjul @ Feb 20 2020, 08:47 AM) Results are decent, still growing though below the IPO forecast for the quarter which was aggressive. In any case, the numbers are meaningless since this and next quarter results are going to be trashed  |
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Havoc Knightmare
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Feb 20 2020, 03:59 PM
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QUOTE(abcn1n @ Feb 20 2020, 03:49 PM) Am wondering, what broker are you all using to invest in Singapore stocks and SReits? Standard Chartered SG |
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Havoc Knightmare
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Feb 25 2020, 02:35 PM
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Looking at the local political scene today.. I still can't help but be thankful that I moved all my liquid MYR assets abroad into S-REITs post-GE14. S-REIT will remain a safe haven for us Malaysian investors. Malaysia Baru konon. |
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Havoc Knightmare
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Mar 1 2020, 08:34 PM
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QUOTE(Ramjade @ Mar 1 2020, 06:44 PM) Any thoughts Showtime747, prophetjul, AVFAN, @elea88], markedestiny, Havoc Knightmare, GloryKnight, wongmunkeong? Well, just have to declare yes since LHDN already has the details from the AEOI system. LGE/Tony Pua were zealously trying to uncover offshore income. Hopefully the new government backs off from this. |
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Havoc Knightmare
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May 13 2020, 06:15 PM
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Looks like the SREITs are rebounding fast. I am waiting for my bonus to be credited in by month end but I worry that the SREITs will recover close to pre COVID at this rate.
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