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 Singapore REITS, S-REITS

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Ramjade
post May 13 2017, 07:21 PM

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QUOTE(Hansel @ May 13 2017, 03:20 PM)
Bro,... if FLIT touches 0.94, I won't buy,... probably got problems already,  biggrin.gif ... should not drop too low,.. for an Aussie Industrial REIT,...
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Sadnya. sad.gif
Ramjade
post May 14 2017, 07:05 PM

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QUOTE(prince_mk @ May 14 2017, 09:31 AM)
Aiya we come out for coffee for strategy. I m in KL.
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Can can. I anytime free.
Ramjade
post May 15 2017, 08:53 AM

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Croesus Retail Trust reports 15.2% higher DPU of 2.05 cents
http://www.theedgemarkets.com.sg/croesus-r...r-dpu-205-cents
Ramjade
post May 17 2017, 09:31 AM

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QUOTE(prince_mk @ May 17 2017, 09:18 AM)
DJ Betting That Croesus Will be Acquired -- Market Talk

While Croesus Retail Trust (S6NU.SG) gains after disclosing a buyout approach and initial negotiations, Citi being named the financial adviser for the potential transaction is an indication a deal may be imminent, some say. The company, which operates retail properties in Japan, has a near-S$750 million ($535 million). Croesus rises 3.7% today to hit 4-year highs.

Do you guys still going into Croesus ?
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To chase for capital gain? Not worth chasing. If for dividend if it drop below 0.9 say 0.85, I will buy. Anything more than 6% goes for with exception of CMT, FCpT, MCT (now my MCT also generating 6%).
Once CMT Funan starts operating, dividend should be boosted to 6% +. Also hoping that FCpT acquire more suburban malls.

This post has been edited by Ramjade: May 17 2017, 09:32 AM
Ramjade
post May 17 2017, 10:05 AM

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QUOTE(prince_mk @ May 17 2017, 09:38 AM)
on the yield. Now got cash but not sure which to go in ?

still thinking either Aims or Croessus.
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It's ok to sit on cash. You're not a fund manager which can only sit on 5% cash. Even warren buffet is sitting on USD90b cash. He mentioned that he was jealous that apple is sitting on USD400b cash.

QUOTE(prince_mk @ May 17 2017, 10:01 AM)
Boss,

why never consider adding these reits into your portfolio - CapitalComm, Capital Mall, Suntec, Keppel R, Keppel DC and Mapple GCC ?
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My guess is he's going for HY reits.

Ramjade
post May 17 2017, 10:31 AM

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QUOTE(prince_mk @ May 17 2017, 10:13 AM)
boss,

I queued for Croesus. Now try to go for Aims too. smile.gif wanna be like prophetjul too smile.gif go for yield !
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You want yield, 7.7+% good enough for you or not?
Ramjade
post May 17 2017, 10:56 AM

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QUOTE(prince_mk @ May 17 2017, 10:50 AM)
I m still building and shaping my Sg portfolio.

Should I have more retail reits or industrial reits ? Office reits ?

Any advise.
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For me, I buy 2 of everything. 2 retail, 2 office, 2 industrial. Only thing lacking is health care. Looking to swap CMT/FCpT for First reit.

Hoping to get 7% yield for first reit or min 6.5%

This post has been edited by Ramjade: May 17 2017, 10:57 AM
Ramjade
post May 17 2017, 09:04 PM

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QUOTE(Hansel @ May 17 2017, 08:27 PM)
Ok, bro,...

Yeah, the thing abt Croesus is : we have to be prepared for cashcalls. YOU must have taken up a lot of their Rights Issues,...

You trimmed yr industrials and moved the funds over to Croesus,...for myself,.. I would have diversified to more ctrs instead, if something happens to Croesus, it's going to be painful.
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That's provided croesus is not privatize.

Ramjade
post May 17 2017, 09:30 PM

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QUOTE(prophetjul @ May 17 2017, 09:17 PM)
We do not know that yet.
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Actually I read that they already ask Citibank to be adviser. Don't know which blog.
Ramjade
post May 18 2017, 09:42 AM

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QUOTE(prince_mk @ May 18 2017, 09:07 AM)
meaning this company will be privatized and we are not allowed to buy their shares ? sigh..true ?
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If it happens if don't then back to normal business.
Ramjade
post May 18 2017, 09:51 AM

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QUOTE(Hansel @ May 18 2017, 09:45 AM)
When I give my talks to investors, I always say this : when a company is too good, it will come a time when :-

1) it will be privatized, or
2) there will be a buy-out and the conditions and situations will change.

Yes, the above is a sad fact,... and we must look for new counters after that. Hence, we must never stop learning. This year, in February,... Singpost opened the eyes of many old-timer investors,... Many old-timer investors who relied on Singpost for their 'income' just lost this source.

We must always have a counter in mind,... a backup counter in case our main one(s) 'failed us'. And we must always diversify our holdings, no matter how good one counter appears to be. Because if a counter is too good, then some parties would want to 'chiak' that counter for himself.

Bad counter - we lose money.

Good counter - we can't earn continuous money.
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Even popular reits like CMT, FCpT can be privatize?
Ramjade
post May 18 2017, 01:25 PM

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QUOTE(prince_mk @ May 18 2017, 01:22 PM)
Boss,

5 counters holding enough ? Maybe I should trim and have less counters so that can focus well ?
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He kena charged SGD10/counter/dividend received. The more counter he hold, the more he kena charge by cimb malaysia biggrin.gif
If a reit give dividend 4x/year, he kena charge SGD40. Multiply that with 5 counters = SGD200/year.

This post has been edited by Ramjade: May 18 2017, 01:30 PM
Ramjade
post May 18 2017, 01:50 PM

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QUOTE(Showtime747 @ May 18 2017, 01:42 PM)
Everything you also think from the cost side. And assume people hold less counter because of the puny dividend handling charge.

If you always think about the cost side, how to become successful in investment ?  biggrin.gif

I have only about 10 counters. Not because of the cost, but because of my own preference.

I never bothered about those 0.xx% cost. Too little for the effort. Should concentrate of finding the right counter...

Of course, unless you are trading, then every small cost counts
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Actually he mentioned about it before. That's why he's holding 5.
If cost not important, how come all hedge fund is bleeding and all investor running into ETF? whistling.gif
If cost not important, how come companies move their manufacturing plant to China/Vietnam/Indon? Even SG companies are moving their factory to Johor. whistling.gif
You as and exporter should know about cost more than anyone else.
Of course la never bother. What's 0.xx% to someone with >RM10m whistling.gif Peanuts man.

Ramjade
post May 18 2017, 02:07 PM

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QUOTE(elea88 @ May 18 2017, 02:02 PM)
I totally agree with RAMJADE. To me cost is very important..

why want to pay higher cost .. if end of the day getting the same thing.?

From young.. hv been drilled into my head.. A DOLLAR SAVE is A DOLLAR EARN....
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We cannot compare with bro Showtime what. If you can bet RM10m on brexit means RM10m is nothing to you.
Ramjade
post May 18 2017, 03:04 PM

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QUOTE(Showtime747 @ May 18 2017, 02:40 PM)
You have the privilege (time and opportunity) to open the accounts in Singapore. For those who are so busy, they may feel it is not worth it at all. The amount is too small relative to the dividend amount

Of course, if a person can afford the time, it is good to have a Sg account. But if don't have a Sg account, one can always invest in SGX as well.

Although I have accounts in Sg, but I can understand those who feel not worth it to go down purposely to open a account
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If can I also don't want to go. For every SGD10k I bring down, I save min SGD100 (already including transport and food vs if I use bank to TT).

For me, SGD100 = 1% of my SGD10k. I am not a priority customer/have huge cash with them so I cannot get good rates from bank.

You are right. Right now I am free. That's why must transfer as much as possible to SG. Once start working, no choice use bank lo.

Vector88, one can go apply for SG will via NTUC. It's cheap.
Ramjade
post May 18 2017, 03:31 PM

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QUOTE(elea88 @ May 18 2017, 03:24 PM)
its only 5 hours away.. .i already did research up to ESTATE PLANNING before parking my hard earn $ in singapore....
and also have an exit plan in place.

Its actually easier to do estate transfer in Singapore than in M'sia...

Dun put all funds in Sg la.. for me its only 20%...

Thats why i hesitated to open other brokers online.. Especially the US or HK base ones as they cannot answer me how to port back $$$ in case SAYONARA.

Anyway to port back $$ to M'sia.. CIMB SG to CIMB MSIA.. according to their website is immediate...

but got daily limit.

Also can put ATM card into machine to withdraw cash.. many avenues to easily cash out from M'sia.
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You are right. Better I focus on SG first. Accumulate SGD200k. Then think next step. Got inspired reading one old lowyat forum post showing someone with SGD200k+ in CDP (with pic)

Ever consider NTUC will?
Ramjade
post May 18 2017, 04:30 PM

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QUOTE(elea88 @ May 18 2017, 03:48 PM)
what is NTUC will?
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Here you go
http://www.income.com.sg/value-added-servi...riting-services

QUOTE(prince_mk @ May 18 2017, 03:51 PM)
As for me, I opened a joint name account. just in case one person is critically ill, another person can always port out the fund back to Sg.

and also I agree with Elea, put only half of your savings in Sg, and other half in Msia.
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Will do that once I have wife. laugh.gif
Ramjade
post May 19 2017, 10:11 AM

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QUOTE(prince_mk @ May 19 2017, 10:00 AM)
In the industrial field, Ascendas REIT (A-REIT) and Mapletree Logistics Trust (MLT) are DBS’ top “buy” rated picks with $2.65 and $1.28 price targets for their financial flexibility to pursue acquisitions or redevelopments.

A-REIT has a large diversified portfolio and strong balance sheet with sufficient headroom to pursue DPU-accretive acquisitions, say Song and Tan, while MLT has replaced Mapletree Commercial Trust (MCT) for its better risk-reward profile and the fact that it has largely completed the repositioning of its portfolio, which had been negatively impacted by the conversion of several single-tenanted properties to multi-tenanted ones.

wonder why A-Reit is not a hot reit pick in this forum ? anyone having this A-Reits in their portfolio ?
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1) A 6% yield is not attractive when other sg industrial reit is giving 7-8%
2) An industrial reit giving 6%? Not worth it when you have office reit giving 6% (less risky)

Still want to buy?

Ramjade
post May 19 2017, 10:16 AM

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QUOTE(prince_mk @ May 19 2017, 10:00 AM)
In the industrial field, Ascendas REIT (A-REIT) and Mapletree Logistics Trust (MLT) are DBS’ top “buy” rated picks with $2.65 and $1.28 price targets for their financial flexibility to pursue acquisitions or redevelopments.

A-REIT has a large diversified portfolio and strong balance sheet with sufficient headroom to pursue DPU-accretive acquisitions, say Song and Tan, while MLT has replaced Mapletree Commercial Trust (MCT) for its better risk-reward profile and the fact that it has largely completed the repositioning of its portfolio, which had been negatively impacted by the conversion of several single-tenanted properties to multi-tenanted ones.

wonder why A-Reit is not a hot reit pick in this forum ? anyone having this A-Reits in their portfolio ?

the dividend yield is above 7%. thinking to add.
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Look carefully. Current yield is only 6.1xx%

Source: S-reit yield data website.

Combination of aims + mlt +flt dividend yield (at the time I bought) > Ascendas reit.

This post has been edited by Ramjade: May 19 2017, 10:18 AM
Ramjade
post May 19 2017, 10:34 AM

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For those with huge cash (>=SGD15k), can consider Citibank Maxigain. Interest generated =
SIBOR + 12 counters ( 0.1% increase in interest/counter level) with condition of increment over original amount without withdrawal

Best part
- No fall below fees (can't find anything which mention about it)
- No need working pass/student id (again cannot find requirement for that)
- With US increasing rate (SG mirror US), SIBOR will increase
- To up level, no need to topup a lot. Can topup cents also counted.
- One can reach counter 12 within a year with SGD15001.20 - put in SGD0.10/month and earn effective 2%pa interest.

Now for the bad part
- No interest if money falls below SGD15k (not sure of sibor interest will be given or not)
- SGD15k to open account
- Whether they want to let malaysians open is another thing.

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