That is true, I buy in tranches. We dont know when and where is the bottom. Although i would prefer 3rd April's low instead of March - for certain REITS.

I bought in FCT and MCT at 1.6 - 2 lots each
ECW at 55cents - 5 lots of it

I am still looking for industrial and logistics bargains. DPU and Earnings will definitely be down.

One super huge regret during March for me was actually Sheng Siong...did not press the buy button although i was tracking it for a few months

This post has been edited by GloryKnight: Apr 21 2020, 09:41 PM

Yes long term. 1 of Warren buffetts quote iirc was also if u really believe and like the company for its worth, just stay invested.

Btw, everyone, FCT and MCT quarterly results are out tomorrow AM before trade. Ifast too (im vested here although its not reit).

I am pretty frustrated at FCT & MCT, their quarterly reports are not out yet although they announced it will before trading hours commence. zz

I changed about 500sgd back to myr two days ago at 3.076, highest was probably 3.08? This is via CIMB.

Well, the reits did not drop as much as I would like, US pls crash again.

Thanks for correcting me. I think i made a mistake. I re-looked into my personal calendar too, i marked it 23rd.

Today is 22nd, guess I am just too excited and impatient, this CCB really CB my soul. Im stuck at home for a month now..

@ramjade: DBS is for sure coming down, have to look past 1st Q result end of the month, i cant find back the article i was reading earlier. DBS was said to have 10k applications for loan deferments, and has approved 4000. OCBC and UOB has lesser but banks have just started.

My HSBC and Stan Chart now in the red, broke thru the support level ytd.

Just like SIA, government will not let it fall.

It seems like Singtel and Grab will win the digital banking partnership....given Grab announced they have hired their potential MD for this new entity. Very confident indeed.

Dont think so, i read on an article by some analyst breaking down the 290mil for DBS/sg banks, IIRC, its like 6% of their FY20 profits, ocbc at 7% while UOB 4%.5 so not much damage, real damage should be from local business and home loans.

You should look at where the ultra-rich park their money at banks are, not the rich people banks

This post has been edited by GloryKnight: Apr 22 2020, 07:59 PM

Updates on MCT:
i) Change to half yearly reporting moving forward
ii) Dividends to be paid half-yearly moving forward too.
iii) 0.91 cents dividend - very very low

I am not in favour of the half yearly reporting format and the dividends...seems like things gonna change alot for sgx counters..

I only have 3 stocks in STI, and its at ~30% gain. Dont think i will be selling any as i like these stocks nature for the ultra long term.

But DBSV only can use cash upfront to buy that charges you at 10sgd, but when you sell, cannot use cash upfront account. So when we sell, it charges the same rate as usual.

Hi all, question here on Capita's REIT merger (mall and commercial), anyone knows when the newly merged entity will begin trading in SGX?

Thanks!

Managed to grab some ECW reits share. It dropped because its CIO got question by commercial crime dept.

Not much movements for the reits, no opportunities to buy any even though the results are not impressive.