Ex-right price was ~0.81

i'm just happy to see suntec go from 147 to 161.

Nice get!

nice to see reit prices generally continuing to inch up, incl capitamall, suntec, fret.

today, FRET 1.37.

Since this topic is on investing in S-REITs, I would like to ask forumers here about their experiences of which is a more cost effective way of transferring funds to a singapore bank account. Is it :-

1) Use Telegraphic transfer to send SGD to a singapore bank account?

2) Go to Singapore (just happen to have a trip there, not purposely go there) and withdraw money at foreign ATMs using local bank cards and then physically depositing money into Singapore banks.

Option 1) will of course incur remittance charges but it all depends on the forex rate used. Specifically, which option will fetch a better rate?

Note: I have purposely omitted changing into SGD locally and carrying the money over to Singapore because I do not like the risk.

Thanks all in advance for any valuable feedback!

since you asked, can i also tumpang...is it worth the hassle to buy sg stuff using a sg bank account, bearing in mind most of us here are mostly spending time in malaysia?

Is the international brokerage fee charged by local brokers + the exchange rate they use really more than the hassle of managing an account in another country?

...

This post has been edited by AVFAN: Oct 16 2015, 10:50 AM

another fair day for sgreits.


markets are now basically not pricing in us rate hike anymore.

there should be more room for reits to go up further.

So,...............not much chance to top-up for SG REITs anymore, not until all that talk about rate hike comes back into the picture. I am not able to top-up for my targeted REIT too today. Price is high to go in for,... I am making some profits (cap gain) now for the REITs that I have started to buy in the last few weeks...

However, unfortunately, am not able to buy more for now.

I would prefer to buy more to start reaping the dividends to be paid out in November 2015...

u missed the last window but never mind, it'll come again!


china data not too bad, crude stable, no fed hike, us equities strong.

sgx reits should hold well, creep up slowly.

i am esp pleased with suntec and capitamall - still gaining after +13%, +10%!

"Game plan" for the cursed investor (like me)
- who buys, then price goes down
- who doesn't buy yet, then price goes up

1. Buy to purposely nuke the price - only use some $ (up to U la how many %)
2. Once down XX%, use the backup to buy more ("stock piling")
3. IF down even more XX% use the rest or whatever U've planned before (1.)

of course before (1.) already done some home work lar on what is wanted at what max cost
thus when (2.) and (3.) happens, bonus! <excludes Enron, WorldComm, etc.>

Just sharing a possible "game plan"

Tq,.. AV and WongMK,... the REIT I am aiming for did not drop today,... so, couldn't get hold of any. But I managed to catch a bigcap yield counter,...

So, there is still productive work done today.

Wa.. Everyone seems to bullish now, don't forget Fed just delay the rate hike, not canceling it ler...hehe...

I am holding my position 80/20 now, 80% reits and 20% cash... Save for the rainy days...

This post has been edited by Vector88: Oct 19 2015, 06:53 PM

That's what Yellen has been saying for last 18 months. Patience.............

Some how or rather when they do raise rates, it will be non event on the markets

i think so too. it is already or will be digested easy. will be small anyway.


meanwhile, div ex-dates start kicking in for some, while others will be announcing div this or next week.

cash collection time!

The Fed needs to stop being delusional

What exactly is the Federal Reserve trying to do? Fed members talk of transparency but then it seems we get anything but that. Transparent means clear and unambiguous. Is that what we have?

Last month, both Fed Chair Janet Yellen and Vice Chair Stanley Fischer spoke about the need for normalization and that all data points, with the exception of inflation, are at or near the targets set out years ago.


But then the world got hit with the China syndrome, U.S. economic data began to weaken, earnings estimates for third-quarter earnings season got slashed, pre-announcements were all negative, global markets began to come unglued and concerns began to build that the time was not right for the Federal Reserve to begin to normalize rates.

In September, the Fed again resisted moving on rates because they did not want to disrupt or create additional turmoil for global markets.That should have been OK but, in fact, the lack of movement by the Fed actually caused distress for the markets as investors began to realize that not only did they miss the opportunity to normalize rates back in the spring/early summer, but now the door appears to have been slammed shut and so what does that really say about the economy?

Now, since they made that decision, investors and the markets have been bombarded with conflicting messages from different members of the Fed. On Monday, Daniel Tarullo, a member of the Board of Governors, came out and spoke in his "dovish voice," saying that "Given where I think the economy would go, I wouldn't expect it would be appropriate to raise rates."

Next up was Lael Brainard, also a member of the Board of Governors, who chimed in and said that "The risks to the U.S. economy are now to the downside and that it is important to nurture the recovery … These risks argue against prematurely taking away the support that has been so critical to the U.S. economy's success." Comments like this seemed to settle the anxiety — the markets now appeared to take in stride that a rate decision seems to have been pushed off until the first quarter of 2016.

Well, not so fast. Both Chair Yellen and Vice Chair Fischer keep telling the world that they support raising rates this year — causing more confusion and frustration. Then we get earnings kickoff, and the results are mixed at best. Even the beats are getting punished as investors grow more concerned about what the future looks like. Then on Wednesday, we got hit with more weak U.S. macro data: Retail sales, a direct read on the consumer, came in weaker than expected; PPI, the index that details final demand, declined by 0.5 percent; and prices for final demand goods fell by 1.2 percent. None of these data paints a bullish picture at all.

Here's the bottom line: The Fed needs to get its act together. They need to stop being delusional about the state of the U.S. economy and the global economy. They need to be clear. Now, that does not mean that the different members can't have their own opinions. What it means is that Chair Yellen needs to take control. She should make clear to global markets that any talk of raising rates is now a 2016 conversation. Period. The end.

It is not happening in October and it surely should not happen in December, when the country will be facing another leadership crisis and debt ceiling crisis and government shutdown. Effective Nov. 5, the country will run out of money, but Congress has conveniently voted on a stop-gap spending bill that will take us to Dec. 11. The next Fed meeting is Dec. 15-16. Think about it: If the Fed did not move on rates when they clearly should have in April, May, June or even July, when there was relative calm in global markets, does it really make sense to do it in December, when Washington will be on the edge, global markets are in turmoil and the data do NOT support it?

That's going to be a tough sell when they're justifying it to the country – and the rest of the world.
Commentary by Kenny Polcari, director of NYSE floor operations at O'Neil Securities. He is also a CNBC contributor, often appearing on "Power Lunch." Follow Kenny on Twitter @kennypolcari and visit him at kennypolcari.com.

suntec... nice. up 3 cents to 1.67.

yield 6.1%.

ex-date 28 Oct.

I just have my trading account done, eyeing on Suntec

suntec is fairly volatile due to its size, popularity, foreign funds, liquidity.

while dividend has been stable, price can go from 1.50 to 1.90 and reverse within a 1yr.

that's why i treat it as mildly tradable stock!

This post has been edited by AVFAN: Oct 23 2015, 01:49 PM