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 Singapore REITS, S-REITS

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kart
post Aug 31 2017, 12:35 PM

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Thank you very much for sharing your methods, Ramjade and elea88.
kart
post Sep 7 2017, 10:09 PM

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QUOTE(Hansel @ Sep 7 2017, 07:57 PM)
Guys,... stay away from Cache-lar,... just a thought,... high-risk here,...
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I bought 1000 units of Cache Logistics Trust, at the unit price of SGD 0.885, a month ago.

So, is your best advice still to sell Cache and for me to suffer the losses?

Thanks for the advice, Hansel. smile.gif

This post has been edited by kart: Sep 7 2017, 10:10 PM
kart
post Sep 10 2017, 10:11 PM

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QUOTE(Hansel @ Sep 7 2017, 11:04 PM)
I think it's better I lay some facts for your bros,... yeah,.. I heard of people saying to sell before this happens, or after that happens,... but, others will sell first before you do,.. chances to win is not high,... the facts....

" In my opinion, the current situation of Cache will still be clouded by the following events in the near term. The sp will keep dropping :-
1) This Rights Issue dilution effect.
2)  The outcome of the Alps Avenue court case, said would have results by year-end, but would not know if it would be in favour of Cache or not.
3) The Expiry of the CWT Commodity Hub (CCH)  Tenancy next year - April 2018, which comprises 12% of the Gross Revenue Income (GRI) of Cache.
4) The Tenancy Expiry of  the other warehouses next year - 2018, being 20.5% of the NLA (incl of the CCH) and 21.4% of the GRI (incl of the CCH)."

Too many 'against' factors,... Better to run away and go buy other ctrs-lar,...
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Thanks for your informative advice as always, Hansel. notworthy.gif

I myself take full responsibility on me buying or selling shares. Having said that, I can rely on the objective and unbiased advices given by experts like you, to help my decision making.

I fully understand that rights issue will cause the share price to drop. I thought that a few months later, the share price for Cache will go back to the pre-rights level. But, you rightly pointed out many negative factors impacting Cache, so the dividend yield and share price may not be as attractive as before.

Yeah, I may just sell it, or wait till the next dividend ex-date to sell it, to get some (reduced) dividend to minimize my loss, as Ramjade said.

Definitely, I will not purchase more Cache shares.

This post has been edited by kart: Sep 10 2017, 10:12 PM
kart
post Sep 19 2017, 05:05 AM

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For those still have units of Cache Logistics Trust, perhaps by now, your broker should have received the rights issue reply form on your behalf.

Do most of you with the units will sell off the rights or even completely dispose all units (mother shares), based on the incoming negative factors impacting Cache, as mentioned by Hansel?

This post has been edited by kart: Sep 19 2017, 05:06 AM
kart
post Sep 20 2017, 05:42 AM

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QUOTE(Hansel @ Sep 19 2017, 12:32 PM)
Looking at my immediate previous post abt Soilbuild REIT and the law reg renting out of premises,... one big reason why I left Cache is because Cache is now caught in a legal tussle with Schenker and the master lessor. It is a tough case to judge on,... hence the time taken by the Singapore courts,...

Looking at the arguments given by the master lessor and the master lessee,... I must say,... err,.. if I'm the judge,... they have their reasons too,.. though I had stakes in Cache,... Maybe Cache will lose-lar,... Cache will really have to put in strong defence why they not not be 'at the losing end',...

Furthermore, this is a tri-party arbitration,... call it this,... it becomes more complicated,...

...the problem is : IF THE CASE DRAGS-ON,... WHO DO YOU THINK WILL LOSE-OUT THE MOST ??

The trick about the legal industry is,... the dragging-on,... someone will lose-out when time is incurred,...
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Thanks again for your pointers, Hansel.

____

Now, I am facing the dreaded odd lot issue. rclxub.gif

Due to the right issue of Cache, I am allocated 180 units of rights. As the lot size is 100 units, I am unable to sell the 180 rights units as it is. What should I do to sell the entire 180 rights units?

a. sell only 100 rights units, and forfeit 80 right units, or:

b. I do not think that I can purchase 20 rights units to round off to 200 right units, again due to the limitation of 100 units of lot size.

Thanks for the advice. smile.gif

kart
post Sep 20 2017, 10:59 PM

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QUOTE(elea88 @ Sep 20 2017, 08:21 AM)
why not go through the rights exercise? and apply for excess? that will  bring down your average price.
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Well, Hansel said that Cache is unfavourable now and also in the near future. So, it is best to sell the rights issue.

QUOTE(kyone @ Sep 20 2017, 09:44 AM)
Yes you can sell odd lot in this case. My trader rep called me yesterday and told me counter R is to sell full lot and R1 is to sell odd lot.

So for your case you need to sell 100un in R and 80un in R1, if you intend to walk away from rights.
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QUOTE(elea88 @ Sep 20 2017, 09:51 AM)
wah thanks for the info. I was wondering what is difference between the R & R1..

but if sell like that .. how to calculate the brokerage?

for 100 and 80 units.. the brokerage will be 2 times?

I think better to subscribe to the rights.
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kyone, thanks for pointing out the difference between Cache Logistics Trust R, and Cache Logistics Trust R1.

My broker confirmed that it is possible to sell all rights units in R1. In my case, I can just sell all my 180 rights units in R1 and pay the brokerage fee once.

kart
post Sep 20 2017, 11:13 PM

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QUOTE(gark @ Sep 20 2017, 08:43 AM)
The only way is to subscribe and apply for excess 20 shares. Then you dont have odd-lots, and those rights are FOC.  laugh.gif

No need to buy the rights, usually odd lots will get priority for excess
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Nice tip you have there. thumbup.gif This tip is definitely useful for future right issues.

Since I was told that it is possible to sell the odd rights units in R1, it is most likely that I will sell the rights issue.

QUOTE(Hansel @ Sep 20 2017, 11:25 AM)
Bro,... may forummers have replied you,... all are good,... but pls tell me first : you want to keep Cache or you want to dispose ? Then I will quickly propose my thinkings,....
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I shall follow your advice. Thus, I will sell my right units first.

I shall hold the mother shares till the next dividend payout around October this year. After dividend exdate, then I will dispose all units of Cache.

I bought 1000 units of Cache at SGD 0.885 a month ago. I fully accept that I will suffer the capital loss from selling Cache, since the share price may not be as high as SGD 0.885 in the near future. At least, the small amount of dividend I get can help to minimize the loss.

This post has been edited by kart: Sep 20 2017, 11:19 PM
kart
post Oct 6 2017, 03:20 AM

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It is good to know that Moneymatch is a viable alternative for us to perform fund transfer in foreign currency. smile.gif

High net worth individuals, such as gark, Showtime747, and Hansel would definitely transact in huge amounts, and thus can request for special discount in the exchange rate.

It is definitely beyond the ability of average Joes like me, who can only accept the advertised exchange rates, as it is. Sigh. sad.gif

It is still a long ways, and many years of investment are required, before average people like me can be in the same league, as gark, Showtime747, and Hansel.

This post has been edited by kart: Oct 6 2017, 03:20 AM
kart
post Dec 3 2017, 07:14 AM

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Sorry, off topic a bit.

For those who are trading with Maybank Kim Eng Prefunded Account, have you received your OneKey security token, and started to login to Maybank KE Trade website with two-factor authentication?

Thank you for the information. smile.gif

This post has been edited by kart: Dec 3 2017, 07:22 AM
kart
post Dec 11 2017, 11:05 PM

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QUOTE(elea88 @ Dec 3 2017, 09:00 PM)
i opted for NON OneKey security...
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Thanks for sharing your opinion. smile.gif

For us Malaysians, the two-factor authentication with OneKey security token is still optional as of now. For now, Maybank KE wants us to acknowledge the risk of single-factor authentication.

Personally, I do not want to use OneKey security token, due to inconvenience.

However, when Maybank Kim Eng mandates two-factor authentication for Malaysians and foreigners in the future, at least by then we will be very familiar in using OneKey security token in Maybank KE Trade website.

Then again, I have not receive my OneKey security token till now. Maybank KE Customer Service Executive keeps on saying to me that there is some issue between Maybank KE back end office and Assurity Trusted Solutions (the supplier of OneKey security token).

I wonder that I alone suffer from that issue, or other Maybank KE users suffer from the same issue.

This post has been edited by kart: Dec 11 2017, 11:06 PM
kart
post Dec 25 2017, 09:46 AM

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For EC World Real Estate Investment Trust (BWCU):

Total of Last 4 DPU = SGD 0.01463 + 0.01541 + 0.0154 + 0.0144 = SGD 0.05984

Dividend Yield = 0.05984 / 0.755 = 7.93 %

Yield of more than 7% is good enough for me.

Is it a good time to buy this REIT at the share price of SGD 0.755? Or, should I wait for a bit, since the next ex date should be around February 2018?

Thank you for the advices given. smile.gif

kart
post Dec 25 2017, 09:37 PM

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QUOTE(ShinG3e @ Dec 25 2017, 06:24 PM)
what was your average cost? maybe can think to average down a lil.  tongue.gif

but for me, i'm still hoarding cash.
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Thanks for sharing your opinion. smile.gif

Nope, I do not have any units of EC World REIT as of now, so I am thinking to add this Reit, before the next ex date in February 2018.

So, are you saving your cash, because EC World REIT current price is way higher than your average cost? Ok, I got it. smile.gif

QUOTE(Ramjade @ Dec 25 2017, 07:40 PM)
I routed my mapletree logistics money into that. Will add mapletree logistics again if it ever drop back to my early purchase price.
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Alright. thumbup.gif This REIT is nice to have, as some of you all here suggested, since its dividend payout is 4 times in a year.

This post has been edited by kart: Dec 25 2017, 09:40 PM
kart
post Dec 29 2017, 06:39 AM

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^
Good news. Those with Maybank KE Trade Prefunded account can still enjoy a commission rate of 0.12% or minimum of S$10 for SG trades, till 30 June 2018. smile.gif

QUOTE
http://www.maybank-ke.com.sg/media/1454095...d-promotion.pdf

1.1.  The “Trade at 0.12% Commission” Promotion (“Promotion”) runs from 1 January 2018 to 30 June 2018, both dates inclusive (“Qualifying Period”).

1.2.  This Promotion is open to existing clients (“Existing Client”) with Maybank Kim Eng Securities Pte Ltd (“Maybank KES”) with a KE Trade Prefunded account and every new client (“New Client”) who opens a KE Trade Prefunded account during the Qualifying Period.

1.4.  Each Client will enjoy a commission rate of 0.12% or minimum of S$10 for SG trades, 0.12% or minimum of US$10 for US trades, 0.12% or minimum of HK$50 for HK trades, 0.12% or minimum of RMB50 for Hong Kong-Shanghai trades whichever is higher per trade based on trade value.


The terms and conditions are mentioned in this website, http://www.maybank-ke.com.sg/latest-offeri...mmission-rates/.

This post has been edited by kart: Dec 29 2017, 06:40 AM
kart
post Jan 14 2018, 03:28 PM

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QUOTE(Ramjade @ Jan 14 2018, 12:38 PM)
Pimco Income Fund Class E SGD-H 5-7% (majority of it sitting inside there. This is for when there's like 20% discount. Money needs 1 week to be able to withdraw)

That's why it's imperative that this 2 account cannot lose money.
- low volatility
- no quarterly platform fees
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This PIMCO GIS Income Fund Class E SGD Hedged (ISIN: IE00B9HH6X13), that you recommended, is actually a bond fund, right?

Ok, as you said, if we buy this bond via POEMS Singapore, the sales charge is 0%. Annual Management Fee of 1.45% has been considered in its daily NAV.

Few REITS have the dividend yield of more than 7%, so it is impressive to know that the yield of this bond can reach 7%.



kart
post Jan 20 2018, 10:11 AM

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QUOTE(elea88 @ Jan 15 2018, 04:40 PM)
a lot reits over valued already. anybody dispose anything lately?

AIMS 1.35 today.. so, now yield is at 9%??
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How do you determine whether the REITs are overvalued? By looking at price per earning ratio, or price per NAV ratio?

Thank you for your clarification. smile.gif

This post has been edited by kart: Jan 20 2018, 10:11 AM
kart
post Jan 28 2018, 08:56 AM

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Will the dividend yield of ESR-Viva REIT be higher, making the combined REIT more attractive for us to buy? hmm.gif
kart
post Feb 17 2018, 08:36 AM

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QUOTE(ShinG3e @ Feb 2 2018, 10:28 AM)
if you are using nominee acc, the dividend will be credited into your nominee acc.

if you are using cds acc, the dividend will be credited into your bank acc directly.

div payout statement try request from your remisier.
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I have similar experience with elea88.

We receive a printout called "Tax Invoice" showing the dividend payout, about 1 month via post after the dividend payout. It is sent to us as usual, and we do not need to inform our remisier for the postage of this "Tax Invoice".

So, for this dividend payout statement that you request from your remisier, does it contain more details than the "Tax Invoice"?


kart
post Feb 18 2018, 11:43 AM

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Thanks for your reply, ShinG3e. smile.gif

I believe that Maybank KE Trade Users can download PDF files of daily contract notes and monthly statements, in 'e-Services' on KE Trade website.

This function was supposed to be made available to Maybank KE Trade Prefunded Users, by the end of Year 2017, but it is delayed till Q1 2018. If we are lucky, we Maybank KE Trade Users should be able to enjoy this function by April this year.

I guess that since we pay less brokerage fee for the prefunded account, we will not be the first ones to enjoy this feature. sad.gif

This post has been edited by kart: Feb 18 2018, 11:45 AM
kart
post Jul 5 2018, 10:51 PM

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Sorry for the out-of-topic question.

For those who use Maybank Kim Eng trading account, do you link your OneKey Security token to your trading account?

Once successfully linked, an OTP from the OneKey Security token is needed for login to KE Trade website. And, there is no free replacement of the token, if the token is running low on battery in the future, as mentioned in the FAQ (https://www.maybank-ke.com.sg/contact-us/faqs/ke-trade/).

This post has been edited by kart: Jul 5 2018, 10:52 PM
kart
post Jul 7 2018, 07:52 AM

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QUOTE(elea88 @ Jul 6 2018, 06:59 AM)
no. for MKE i do not use the one key..
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Thanks for your feedback, elea88 sis. rclxms.gif

Have you ever registered to obtain a OneKey device from Maybank Kim Eng?

Currently, we can still login to Maybank KE Trade website with just our username and password. However, once Maybank Kim Eng fully enforces two-factor authentication (2FA), we are required to use the OneKey device, to login to Maybank KE Trade website.


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