good read, thanks.

i hv soilbuild!

assumed sg risk free rate is 2.7%... cpf ordinary account is 2.5% p.a., am i right?

Several high-yielding REITs still looking attractive. Just recently, we shaded
down our target prices of REITs after increasing the risk free rate assumption
by 40bps to 3.1%. Even at more punitive rates, we could keep Soilbuild REIT
and Croesus Retail Trust at BUY with a target price of S$0.900 and S$1.030,
supported by their high yields of 7.4% and 8.7% respectively.

never looked at this one before...

why is it a good choice at <6% yield with that "low" price?



now that we it is fairly certain usa will raise 2x25bps by year end, i am actually thinking of selling part of those that are <6% yield except first reit.

i wud think the prices now have already factored in what is expected - the first 25bps hike, likely in sep.

future... i suppose it will react to any changes in the outlook.

at this time, consensus is there will be 2x25bps hikes this year and another 2 in 2016.

of course, there will be some reits that are resilient, incl those that have good revenues/income/dpu incr.

hence the idea of buying/holding the higher yields yet promising dpu reits.

not easy to find, ya?

This post has been edited by AVFAN: Jun 19 2015, 04:05 PM

impt read...

http://www.bloomberg.com/news/articles/201...ps-on-oil-slump

which ones?

i hope u got aimsamp and soilbuidlbiz.

these 2, not much discount last 2 months...

that is true, generally. reits tend to behave like bond proxies.

of course, there r many other factors - local borrowing costs, dpu, liquidity, overall property market sentiments, etc.

but since sgx is an open bourse with fairly high foreign participation, the relevancy with us int rates is definitely there.

if these foreign funds can find higher yields for same class assets elsewhere, they will go without hesitation.

plus, price 4.32.

yr chance to buy singtel 4.14!

with rm, sure not cheap. not cheap everyday!

well... everyone's now choking on greece, china and the rm.

then, we'll choke on fed, oil...

no end, that's the fun.

ex date so far away... 30 july!

i still think 4.10 is a strong support level.

i think they r holding very well!

so well that i am now tempted to sell some to buy into us equities tonite - big fall expected as per djia futures now -235.

usd... sgd 1.35x not as painful as rm 3.78x.

This post has been edited by AVFAN: Jun 29 2015, 02:23 PM

as expected, those low yields one got hit most.

starhill, aimsamp, soilbuildbiz holding ok.

buy blindly? "buying signal" = ?

there is no magic formula or chart that works 100%. most people look at a variety of things.

between the 3, the yields vary a bit, p/e about the same, singtel is much more liquid.

the charts - i like the singtel chart better, shows good support at 4.10.

the other 2 seems to be more erratic, appears to have been breaking support levels to me.

so, my choice was clear what to buy when dips come.

did u add last 2-3 days when it was around 4.10?

i did not pick up then.

preparing some funds now, will buy more if it returns to <4.10 again.

rm strong now, 2.78.

oops... back to 2.79...


on my watchlist, strongest sgreit is STARHILL, now at all time high 0.89.

i think it can move up a bit more since yield is still at 5.77%.

the best thing about starhill so far is it is very stable. moves very slowly... and up!

div... no info but if price is going up, good sign of incr in dpu.



first half 2015... champion is FIRSTREIT, runnerup is STARHILL.

http://reitdata.com/

This post has been edited by AVFAN: Jul 2 2015, 11:27 AM

i think this is good news.

will see effect tmrw.

http://www.straitstimes.com/business/prope...or-reits-market
http://www.mas.gov.sg/news-and-publication...eit-market.aspx

was hoping singtel will get close to 4.10 today... no chance...


trying to catch cum div, ex-date 30 jul.

ya, surprisingly resilient and not volatile like a few weeks ago.

anyway, now 4.30... no buy.