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 Singapore REITS, S-REITS

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AVFAN
post Apr 9 2015, 11:15 AM

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QUOTE(Vector88 @ Apr 9 2015, 10:47 AM)
I think he was referring to the last q dividen... for mine, last one, croesus retail, came in few days ago...

I sold my CMT, yield is too low, growth is capped...imho..
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ya, u r rite.

most major retail reits have gone low yield, so will have to sell some.

the highest yields ones are mainly industrial which i hv enough.

so, after selling, so hard to buy something else! hence the feet dragging... laugh.gif
AVFAN
post Apr 10 2015, 06:07 PM

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QUOTE(elea88 @ Apr 10 2015, 04:48 PM)
First Reit now 1.43.. crossed the 1.40 line.

So, now money put where leh?
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problem, yes...? biggrin.gif

starhill was a good choice but yield now not much more than fret.

for me... not in the mood to take too much risk... so, if liquidity is good, yield based on acquisition price is good, can hold...

hold until any one gets to <5.0% current yield, then sell! laugh.gif

sgd still holding very well against major currencies n rm.
AVFAN
post Apr 14 2015, 09:56 AM

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in the news...

QUOTE
Singapore dollar jumps after c.bank unexpectedly keeps policy unchanged
By Reuters / Reuters  | April 14, 2015 : 10:47 AM MYT 
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SINGAPORE (Apr 14): The Singapore dollar jumped on Tuesday, leading gains in emerging Asian currencies, after the central bank kept its monetary policy unchanged and said that growth was evolving in line with expectations and inflation could pick up.

The Monetary Authority of Singapore (MAS) said it would maintain a modest and gradual appreciation of the Singapore dollar's nominal effective exchange rate (NEER), defying expectations it might loosen policy.

The Singapore dollar strengthened to 1.3597 per U.S. dollar after the central bank's move spurred investors to cut bearish bets on the currency. Before that, the Singapore dollar weakened to 1.3746, compared with its previous close of 1.3714.

"The statement is a bit hawkish in my view. The MAS is still worried about future incipient medium inflationary pressures and growth outlook is not so dire," said Saktiandi Supaat, head of FX research for Maybank in Singapore.

"We expect SGD to appreciate vs USD in the short term, supported by unwinding of some of the long USD positions but should return to weakness eventually later as dollar strength remains."
http://www.theedgemarkets.com/my/article/s...olicy-unchanged


Room for Singapore Exchange shares to head higher?
By Nicholas Teo / CMC Markets   | April 14, 2015 : 9:03 AM MYT  
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SINGAPORE (April 14): There has been speculation in certain quarters of the markets that a ‘Singapore-China’ stock connect may be in the pipeline.

This has brought attention to SGX’s share price which has firmed by as much as 4% on increased volume over the past three sessions.

While this may be pure conjecture by the markets at this stage, the prospect of allowing an easier flow and passage for trading in securities, connecting the Chinese stock markets to the Singapore Exchange - as a South East Asian representative – makes compelling reading.

The question remains as to whether local authorities could pull this off.

Adding weight to this theory, perhaps, is the recent relocation of Mr Lawrence Wong, Head of Listings and China business of SGX, to China.

SGX is trading at a TTM PE of 28X versus HKEX at 50X, LSE at 46X and the ASX at 20.5X.

The SGX chart looks interesting here, as the 2015 high of $8.30 was broken yesterday.

Should this ‘break’ hold, we may see a fast move towards the $8.70 level, followed by the possibility of a test on $9.

Conversely, if this resistance proves too much to breech, we may see the stock ease back to the $7.90 support.

Further, SGX is due to report quarterly numbers on the 22nd of this month. We may see those numbers reflect the increase in market volumes that we have had in the first calendar quarter this year.

By way of a relative comparison, HKEX is having a super run with the stock up almost 50% in the last eight sessions, as trading volumes on the south-bound traffic exploded after Chinese traders returned from their Easter Holidays last week.
http://www.theedgemarkets.com/sg/article/r...res-head-higher


This post has been edited by AVFAN: Apr 14 2015, 10:52 AM
AVFAN
post Apr 14 2015, 01:45 PM

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QUOTE(elea88 @ Apr 14 2015, 01:38 PM)
wah.. now 2.72 liao...

I just bought in last week 2.68, 2.70 and i was thinking expensive!!!!

Now how? Continue ride on uptrend or WAI?
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maybe buy at next dip...

can't buy more reits, yields not that good anymore.

will look at some stocks... incl sgxl.... riding high today due to speculation on the china bourses-sgx link which is probably not a matter of if but when.

meanwhile, watch may 7 if bnm will change rates...



oh... can u reconfirm that all sgx dividends r treated same way like reits, i.e. "no tax"?

This post has been edited by AVFAN: Apr 14 2015, 01:48 PM
AVFAN
post Apr 14 2015, 03:35 PM

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QUOTE(elea88 @ Apr 14 2015, 02:12 PM)
i hv no idea. My div all go into my ac in SG.
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just googled a bit... think for regular stocks, it's one tier tax system, up to 17% tax, before payout.
reits different - zero.

AVFAN
post Apr 14 2015, 04:06 PM

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QUOTE(elea88 @ Apr 14 2015, 03:39 PM)
I did not count so far.. as most of these i bought in Between dec 2014 till to date.
Need to analyse it.
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the payment slips/vouchers from the cos. banks should show the tax, same like say bursa's maybank or public bank dividends.

AVFAN
post Apr 15 2015, 10:26 AM

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QUOTE(elea88 @ Apr 15 2015, 09:48 AM)
yeap at historical HIGH... time to sell or Tunggu? that is the Question.
Buying for me is DEFINATELY no. no.....
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buying with rm is surely difficult now... 2.72.

selling also difficult given rm looks like going to 2.8! laugh.gif

i will wait for div announcement for each of them, see if the dpu goes up to get >5.0% yield. if <5.0%, time to sell.

good 1q2015 results for firstreit (fret), can keep. i'll see about capitamalls.

QUOTE
Key highlights and significant achievements in 1Q 2015
 Delivered record DPU of 2.06 cents compared to 1.99 cents a year ago
 Annualised DPU of 8.35 cents
 NAV per unit increased to 101.94 cents as at 31 March 2015 from 101.81 cents as at 31 December 2014
 Issued 2,805,806 new units at an issue price of S$1.2689 per new unit to eligible Unitholders who have
elected to participate in the distribution reinvestment plan (“DRP”) for 4Q 2014
http://firstreit.listedcompany.com/newsroo...JZYN9MFX1.2.pdf

AVFAN
post Apr 15 2015, 05:48 PM

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QUOTE(davidcch07 @ Apr 15 2015, 10:48 AM)
see my Soilbuild everyday up 1 sen also syok....somemore 1SGD = RM2.72 even happy....meaning to said 1 sen earning we all increase the profit margin as well... smile.gif
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as expected tongue.gif , nice...

QUOTE
Soilbuild REIT 1Q FY2015 result
achieves year-on-year growth of 4.5%
 1Q FY2015 DPU of 1.633 cents, 4.5% above the corresponding period last year
 Portfolio 100% occupancy maintained as at 31 March 2015
 Remaining FY2015 lease expiries now represent only 18.4% of NLA compared to
29.7% before the start of FY2015
 Rental reversion of 9.3% achieved for renewals in 1Q FY2015
 Acquisition of Technics property expected to be completed in June 2015
 Agreement reached with JTC for paying an upfront land premium for Solaris
u can see the volume building up, looking for the good yield, i suppose. 90 cents by yr end, ok or not? biggrin.gif


if soilbuildbiz can achieve this, i think aimsamp (same industrial) will not be different - results coming in 2 weeks. i hope it comes with drp or rights issue like last year! laugh.gif

This post has been edited by AVFAN: Apr 15 2015, 05:49 PM
AVFAN
post Apr 16 2015, 10:15 PM

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QUOTE(qnly @ Apr 16 2015, 06:58 PM)
Reporting in, been lurking in this thread for long time. Finally sold my First REIT after 3 yrs holding. smile.gif
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3 yrs... must be 70-80 cents then.

nice! thumbup.gif
AVFAN
post Apr 17 2015, 12:23 PM

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QUOTE(qnly @ Apr 17 2015, 12:00 PM)
Any of you have suggestion on which REITs to buy now? I am doing research on the Accordia Golf Trust now, thinking to transfer into this from First Reit fund.
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dunno what sector or yield u r looking for...

if industrial acceptable, take a look at soilbuildbiz and aimsamp, both yield >7%.

they been good to me. smile.gif
AVFAN
post Apr 17 2015, 01:10 PM

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QUOTE(qnly @ Apr 17 2015, 12:52 PM)
Hmm, Accordia is going to pay its 2014 whole year distribution by May. It is amounting around 0.0605 per share as stated in the prospectus. Which is around 7.65% based on the current price. Do you think is a good deal?
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accordia is a trust, not really a reit, right?

i hv no diea... no golf for me. biggrin.gif
AVFAN
post Apr 21 2015, 06:19 PM

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QUOTE(Vector88 @ Apr 21 2015, 11:07 AM)
Good news for Starhill investors... Yield accretive acquisition...
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good to hear!

up 1 cent today. yield still 5.9%.

a very steady reit, imo. thumbup.gif
AVFAN
post Apr 23 2015, 07:40 PM

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QUOTE(elea88 @ Apr 23 2015, 04:07 PM)
I am also thinking of liquidating some shares. Coz SG shares at 7  yr high..
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think so.

i plan to offload 20-30%. sell in may n go away. laugh.gif
AVFAN
post Apr 24 2015, 10:35 AM

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firstreit drp at 1.381:
http://firstreit.listedcompany.com/newsroo...XAPBXCINX.1.pdf


current 1.44, yield 5.8%.

think i'll go for it again.

firstreit n starhillglobal are on my keep list. smile.gif

This post has been edited by AVFAN: Apr 24 2015, 10:36 AM
AVFAN
post Apr 25 2015, 10:21 AM

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sgd to stay strong:

http://www.bloomberg.com/news/articles/201...-as-rally-holds

This post has been edited by AVFAN: Apr 25 2015, 10:23 AM
AVFAN
post May 5 2015, 04:38 PM

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QUOTE(elea88 @ May 5 2015, 11:19 AM)
did u offload anything?
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no, not yet. not in a rush but hope to sell with next 2 months.

want to sell suntec and capitamall. but will wait a bit for next uptick.

AVFAN
post May 6 2015, 12:39 PM

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QUOTE(davidcch07 @ May 6 2015, 12:21 PM)
Hey Mate,

What you think Cambridge?  notworthy.gif
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i hv no exp with this one.

but a quick glance seem to say it is not very diff from other sg ind reits in terms of yield n gearing.

the slightly lower yield compared to its peers is probably compensated by its high liquidity.



looking at ind reits only? if open to others, consider starhill global.
AVFAN
post May 14 2015, 11:13 AM

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QUOTE(elea88 @ May 12 2015, 03:36 PM)
global bonds sell off = rising yields = reit yields will probably follow.

not the best time to buy reits now, better wait to see how bond yields stabilize.

just made sell orders on some suntec and capitamall.

This post has been edited by AVFAN: May 14 2015, 11:14 AM
AVFAN
post May 15 2015, 09:33 AM

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QUOTE(AVFAN @ May 14 2015, 11:13 AM)
just made sell orders on some suntec and capitamall.
*
done!

sgd strong, good time to convert to rm or usd, put to work harder. wink.gif
AVFAN
post May 28 2015, 02:34 PM

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no one's buying sg reits? biggrin.gif

soilbuildbiz, starhill global edging higher.

first reit - approaching all time high of 1.47, yield still 5.7%! thumbup.gif

sgd1=rm2.7045/2.6925.

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