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 Singapore REITS, S-REITS

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Ramjade
post Apr 27 2017, 11:41 AM

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QUOTE(bearbear @ Apr 27 2017, 11:37 AM)
Thanks, no issue for me as i work in SG.

Anymore report card from REIT? I am waiting for AIMS biggrin.gif
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Damn. sad.gif then no problem for you. Just transfer everything into SCB. Transfer in is free. If you can meet priority banking status, you can trade for free (no min comission but still got % comission + SGX fees) which will cut down your cost a lot.

AIMS not good result.
http://www.theedgemarkets.com.sg/aa-reitâ€...rating-expenses
Ramjade
post Apr 27 2017, 12:41 PM

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QUOTE(prince_mk @ Apr 27 2017, 11:27 AM)
Singapore-listed mixed retail and office REIT, Mapletree Commercial Trust, has reported DPU of 2.26 Singapore cents for its 4Q FY16/17, an increase of 11.9% year-on-year from the corresponding period in the previous financial year.

Accordingly full year DPU came in at 8.62 cents, an increase of 6.0% year-on-year.

This was on the back of significant jumps in gross revenue and NPI during the quarter, which grew by 47.3% and 51.2% year-on-year to SGD107.5 million (USD77 million) and SGD83.2 million respectively.

Anyone got this counter?
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This is one of my best counter. At that time, don't know want to choose between FCT, CCT, MCT. Decided to go with FCT and MCT. MLT also another good counter. Got it at 7+% My regret is I didn't get MGCCT at SGD0.9x price.

But gearing at 40%+ sure will do rights soon.

QUOTE(prince_mk @ Apr 27 2017, 12:07 PM)
True. Alrdy close the door for us. Haizzzzzz.

Can us MKE or DBS.
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Ya lo. Unless your holdings can reach priority banking then got chance.
Ramjade
post Apr 27 2017, 12:54 PM

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QUOTE(prince_mk @ Apr 27 2017, 12:46 PM)
I will top up my existing porfolio.

1. AIMS
2. CCT
3. CMT
4. OCBC
5. MAGIC
6. SUNTEC
7. KDC
8. Keppel Corp
9. Keppel R (unlikely)
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I got nothing to topup. Price don't look attractive for me.
To topup
1. FCT
2. MCT
3. MLT
4. Aims
5. FLT

To buy
1. Hotung (must get at 10%)
2. UMS/micro mechanics (must be 6% above)
3. SATS (if can get 4.2%)
4. ST engineering (if can get 4.5%)
5. Manulife US (if I can get 7%)
6. Dairy farm (must get at ~USD7)
7. DBS (if price is SGD14+)

This post has been edited by Ramjade: Apr 27 2017, 12:54 PM
Ramjade
post Apr 27 2017, 01:24 PM

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QUOTE(prophetjul @ Apr 27 2017, 01:20 PM)
Wow! Lots of SG stocks!  biggrin.gif
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Lots to buy but no money how to buy? sad.gif
Wish I strike lottery/some one kasi donation/get inheritance.
Ramjade
post Apr 27 2017, 04:36 PM

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QUOTE(elea88 @ Apr 27 2017, 04:02 PM)
4. OCBC
5. MAGIC

these 2 is still CUM DIV.. so can consider.
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MAGIC too high already. After ex date, if drop, I sapu.
Ramjade
post Apr 27 2017, 05:29 PM

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QUOTE(elea88 @ Apr 27 2017, 05:14 PM)
buy now Plus the 3+ sen div.

u see others.. after ex also where got come down?

i stick to my theory.. buy CUM DIV. instead of EX DIV..

TIME VALUE OF $$$....

Afterall I am in no hurry to dispose. so, i will take the risk of CD.
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CMT drop. MCT didn't drop.

This post has been edited by Ramjade: Apr 27 2017, 06:38 PM
Ramjade
post Apr 27 2017, 08:19 PM

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Mapletree Logistics Trust (MLT) result is good thumbsup.gif thumbup.gif
QUOTE
The manager of Mapletree Logistics Trust (MLT) has declared a distribution per unit (DPU) of 1.86 cents for 4Q16/17, 3.3% higher from 1.80% in the same quarter a year ago.

This brings DPU for the full financial year to 7.44 cents, up 0.8% from 7.38 cents in FY15/16.

Gross revenue for the quarter grew 9% on-year to $96.5 million.
http://www.theedgemarkets.com.sg/mapletree...q-dpu-186-cents


This post has been edited by Ramjade: Apr 27 2017, 11:38 PM
Ramjade
post Apr 28 2017, 09:25 PM

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QUOTE(prince_mk @ Apr 28 2017, 08:48 PM)
is Mapletree Logistic is a good buy ? I see the net income is declining over years. can advise why suggesting me to buy ??
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I believed in it. I buy for 6 reasons:
1) It owns multiple property all over the world which decrease the chance of geography concentration like in aims. True enough SG market is bad, other market cover up for it.
QUOTE
The higher revenue was offset in part by certain properties in Singapore, in addition to negative rental reversion for a lease extension in Korea as well as the impact of a weaker Chinese renminbi.

2) Mapletree is owned by Temasek (majority of it anyway)
3) They owned few properties in HK and HK command one of their highest rental due to lack of supply. Another reason is there's no logistics/industrial reit listed on HKeX. If there's a HK reit which is logistics/industrial, I will buy it. But it doesn't exist. HK people don't like logistics/industrial reit.
4) They owned properties in Vietnam. With Vietnam being the next china (based on what analyst said on bloomberg, etc) I want something with vietnam business
5) When I bought, div was ~7%+. Don't know what I will get for this full year.
6) Fifthperson analysis give good points about Mapletree Logistics from theri 2016 AGM
http://fifthperson.com/15-things-i-learned...ust-fy2016-agm/

Where did you get info net income is falling?
QUOTE
net property income (NPI) for 4Q16/17 grew 10.5% on-year to $80.3 million compared to $72.6 million in 4Q15/16.

http://www.theedgemarkets.com.sg/mapletree...q-dpu-186-cents
Btw, it have already make 6%+ from capital appreciation. Couple with 7+% from dividend = Total income should be 13-14%

Besides I never hear any bad stuff about mapletree before unlike keppel.

Fifthperson is one of my main source of what to buy. You should bookmark as they cover Malaysian stocks as well.

This post has been edited by Ramjade: Apr 28 2017, 09:31 PM
Ramjade
post Apr 28 2017, 11:55 PM

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QUOTE(prince_mk @ Apr 28 2017, 11:29 PM)
The above is talking abt Net Property Income. I m refering to Net Income.

I saw in the Bloomberg apps.now doubt the Revenue grew every year but the ner income is declining and profit margin is declining too alot.

I wonder why its net income declined so much despite having over 100 industrial properties in 8 countries.
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Eh reits use NPI to judge one lei. Unless I am missing something? rclxub.gif

The latest financial results shows Net income increases.
31/3/2016 37413
31/3/2017 55019

Even their previous one also increase
31/12/2016 89690
31/12/2015 52593

This one decrease but NPI still increase
30/9/2016 37201
30/9/2015 38851

Taken from their pdf file

This post has been edited by Ramjade: Apr 29 2017, 12:10 AM
Ramjade
post Apr 29 2017, 09:36 PM

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QUOTE(prince_mk @ Apr 29 2017, 10:00 AM)
Try install bloomberg apps and click on Financial.
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I just check with SGX stockfacts
Net income did drop
2014 311.505
2015 259.792
2016 209.057
2017 211.987

Net margin is dropping.
http://www.sgx.com/wps/portal/sgxweb/home/...M44U&lang=en-us
Ramjade
post Apr 29 2017, 10:28 PM

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QUOTE(prince_mk @ Apr 29 2017, 10:06 PM)
What s your conclusion or finding ?

I guess it was due to the increasing long term debt and liabilities. Any comment from sifu on this MLT ? can buy ?
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I buy because according to fifth person is one of the reits that make money since ipo.

I don't like to concentrate my holdings to SG alone. Acendas useless as dividend too low. Cache/cambridge don't want to take risk with them.
Ramjade
post May 1 2017, 12:06 AM

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aoisky

QUOTE(Ramjade @ Apr 27 2017, 12:54 PM)
I got nothing to topup. Price don't look attractive for me.
To topup
1. FCT
2. MCT
3. MLT
4. Aims
5. FLT

To buy
1. Hotung (must get at 10%)
2. UMS/micro mechanics (must be 6% above)
3. SATS (if can get 4.2%)
4. ST engineering (if can get 4.5%)
5. Manulife US (if I can get 7%)
6. Dairy farm (must get at ~USD7)
7. DBS (if price is SGD14+)
*
Ramjade
post May 1 2017, 07:59 AM

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QUOTE(Showtime747 @ May 1 2017, 07:54 AM)
When I bought DBS at ~$14, STI was around 2600 I think.....OCBC was $7+ and UOB was $17+

You need a mini market crash to wish for that price  biggrin.gif

Wishful thinking but hope your wish come true though....
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It will come through. Le pen winning ought to do the trick/US investors grow tired waiting for Trump.

Nevermind, in the mean time buy other counters lo and wait
Thanks. smile.gif

Last time during 2008, DBS went to SGD6+

This post has been edited by Ramjade: May 1 2017, 08:01 AM
Ramjade
post May 3 2017, 11:14 PM

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QUOTE(prince_mk @ May 3 2017, 11:02 PM)
Ramjade,

Where do u open Mayban KE trading acc ? I think I better have a additional trading acc. What do I need to bring to them ? Any advise.
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You can go to Maybank KE at North Canal Road/Westgate. I opened mine at North Canal Road. Keep mind the staff are not knowledgeable. doh.gif They are really blur. Your choice.
Westgate may be different.

Fill up all the forms first before hand to make your life easier. Email Maybank KE customer service to ask for the forms required.
Btw, you might be interested in Maybank Multicurrency E-payment (I am going to open once I get the info I need from customer service) for buying manulife US and dairy farm. You can deposit and withdraw USD cash but will kena charge 1%. Way cheaper than DBS MCA and TT.
Min amount to maintain USD1. biggrin.gif (for new account opening to link with Maybank KE). Do not go apply for a USD foreign currency at maybank directly or else min with amount inside must be USD1k.

This post has been edited by Ramjade: May 3 2017, 11:15 PM
Ramjade
post May 4 2017, 04:57 PM

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QUOTE(elea88 @ May 4 2017, 11:03 AM)
SGD 3.095 today money changer rate....
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Cannot believed mid valley money changers ran out of SGD1000 Semua SGD50 sad.gif

This post has been edited by Ramjade: May 4 2017, 04:57 PM
Ramjade
post May 4 2017, 10:20 PM

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QUOTE(elea88 @ May 4 2017, 10:10 PM)
http://infopub.sgx.com/FileOpen/OUEHT%201Q...t&FileID=452133

wah lau.. even OUE H trust post good results...
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Don't worry. There's june interest rate hike. May pull down the reit.
Btw I just realised we can sell our shares before XD and pocket 3% each time. Do it 4x/year = 12%
Good eg CMT. Before XD, my profit on paper was 5%+. Now it's only 0.7x% sad.gif cry.gif

I need to study this and see if it's feasible.

This post has been edited by Ramjade: May 4 2017, 10:21 PM
Ramjade
post May 4 2017, 10:25 PM

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QUOTE(bearbear @ May 4 2017, 10:22 PM)
there is no guarantee you can buy back at the price you did la

also need to cost in the selling cost
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I know. But 3% profit each time good enough. I think 3% profit is doable? hmm.gif
That's why need broker with SGD10/transaction.
Ramjade
post May 5 2017, 10:42 AM

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QUOTE(wjchay @ May 5 2017, 08:18 AM)
It's feasible, not for the usual investment objectives but for satisfying hand itchyness. I have done this several times using spare funds, just touch and go, quickie money. These are my idle funds, as I'm never 100% invested.
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Good to know it can work.
Ramjade
post May 5 2017, 12:47 PM

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QUOTE(prince_mk @ May 5 2017, 12:27 PM)
That s sound more like gambling then investing. You are diverting from the essence of investing. smile.gif
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No it's not. Look at it this way. If div is 1.8%, you can get 3%. Jangan tamak. 3% cukup. Jangan minta 4% devil.gif if you sell before ex date each time, why not. I will allocate SGD4k to CMT in the future for this research purpose (when I am working). I don't think is gambling. More like trying to squeeze max juice from a counter. rclxms.gif

As AvFAN said, CMT and Suntec are some of his "trading counters"

This post has been edited by Ramjade: May 5 2017, 12:50 PM
Ramjade
post May 5 2017, 01:38 PM

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QUOTE(prince_mk @ May 5 2017, 01:28 PM)
If u sell b4 ex date, u will forgo d dividend. A
Eventually up to u. I believe they sell some units and not all and harvest some profit.

U can do for suntec and CMT.

Have not find a job ? Unemployed for 5 mths alrdy. U got to be fast.
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My job needs to wait for long time. Some wait 1-2 years sad.gif
I prefer to see this way as they are giving me 3% dividend rather than 1.8% biggrin.gif

My CMT drop back to original buying price sad.gif

This post has been edited by Ramjade: May 5 2017, 01:50 PM

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