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Singapore REITS, S-REITS
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elea88
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Nov 27 2013, 04:47 PM
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QUOTE(gark @ Nov 27 2013, 03:05 PM) MY DBS savings account got sometimes go below SGD 5k for few months, so far they have yet to charge me.. they are not so strict or i just lucky?  maybe u open yr ac before the SGD2 thingy. coz previously, to open DBS ac need maintain SGD500 now need maintain 5k min. This post has been edited by elea88: Nov 27 2013, 04:48 PM
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elea88
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Dec 2 2013, 08:45 AM
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Received my first....LIPPO MALL & FIRST DIVIDEND.. banked into my account.
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gark
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Dec 2 2013, 10:28 AM
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QUOTE(elea88 @ Dec 2 2013, 08:45 AM) Received my first....LIPPO MALL & FIRST DIVIDEND.. banked into my account.  Today only received? Quite long from payment date?  Be very careful on lippomall, Rupiah is falling into a hole now.. This post has been edited by gark: Dec 2 2013, 10:32 AM
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gark
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Dec 2 2013, 10:30 AM
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Added Croesus Retail Trust - Net DY ~9%... Owns 4 malls (Including 2 Aeon Malls) in Japan, 100% occupancy, cost of debt 1.47% p.a...  The only significant risk is devaluation of Yen... BUT already hedged to SGD for next 2 years This post has been edited by gark: Dec 2 2013, 10:33 AM
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elea88
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Dec 2 2013, 11:33 AM
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QUOTE(gark @ Dec 2 2013, 10:28 AM) Today only received? Quite long from payment date?  Be very careful on lippomall, Rupiah is falling into a hole now..  Dividend payout 29 Nov Friday.. I only check my ac today. Should payout on 30th Sat. Did not notice. Ya.. LIPPOMALL.. need to monitor closely...
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elea88
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Dec 2 2013, 11:34 AM
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QUOTE(gark @ Dec 2 2013, 10:30 AM) Added Croesus Retail Trust - Net DY ~9%... Owns 4 malls (Including 2 Aeon Malls) in Japan, 100% occupancy, cost of debt 1.47% p.a...  The only significant risk is devaluation of Yen... BUT already hedged to SGD for next 2 years Not purchasing anything for time being.. as need transfer RM to SG.. and the rate is now almost 2.61.. wait first. Will analyse this CROESUS RETAIL... thanks for info.
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TSprophetjul
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Dec 2 2013, 12:47 PM
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QUOTE(gark @ Dec 2 2013, 10:30 AM) Added Croesus Retail Trust - Net DY ~9%... Owns 4 malls (Including 2 Aeon Malls) in Japan, 100% occupancy, cost of debt 1.47% p.a...  The only significant risk is devaluation of Yen... BUT already hedged to SGD for next 2 years Whats the div payout like? Its still new stock? Thanks for headsup
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gark
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Dec 2 2013, 12:51 PM
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QUOTE(prophetjul @ Dec 2 2013, 12:47 PM) Whats the div payout like? Its still new stock? Thanks for headsup  IPO in may 2013... ipo price 90 cents. On first day went up to 1.22... now 0.875 This is is a BUSINESS TRUST not a REIT, although structured like a REIT, it have no D/A maximum AND not obligated to pay 90% in dividend.Understand before you buy... This post has been edited by gark: Dec 2 2013, 12:52 PM
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felixmask
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Dec 2 2013, 01:34 PM
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QUOTE(gark @ Dec 2 2013, 12:51 PM) IPO in may 2013... ipo price 90 cents. On first day went up to 1.22... now 0.875 This is is a BUSINESS TRUST not a REIT, although structured like a REIT, it have no D/A maximum AND not obligated to pay 90% in dividend.Understand before you buy... this trust no effect from Qe Tapering or Abenomic- inflation target of 2% or SGD/JPy forex Attached thumbnail(s)
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gark
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Dec 2 2013, 01:38 PM
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QUOTE(felixmask @ Dec 2 2013, 01:34 PM) this trust no effect from Qe Tapering or Abenomic- inflation target of 2% or SGD/JPy forex Croesus's SGD/JPY forex is hedged until 2015...
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felixmask
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Dec 2 2013, 01:46 PM
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QUOTE(gark @ Dec 2 2013, 01:38 PM) Croesus's SGD/JPY forex is hedged until 2015...  your headge meanz what ? fix current exchange rate.
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TSprophetjul
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Dec 2 2013, 02:04 PM
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QUOTE(gark @ Dec 2 2013, 12:51 PM) IPO in may 2013... ipo price 90 cents. On first day went up to 1.22... now 0.875 This is is a BUSINESS TRUST not a REIT, although structured like a REIT, it have no D/A maximum AND not obligated to pay 90% in dividend.Understand before you buy... Thanks mate! Meaning divs subjected to tax......
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gark
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Dec 2 2013, 03:17 PM
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QUOTE(prophetjul @ Dec 2 2013, 02:04 PM) Thanks mate! Meaning divs subjected to tax......  ALL dividend from SGX listed company is TAX FREE.. This post has been edited by gark: Dec 2 2013, 03:18 PM
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gark
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Dec 2 2013, 03:18 PM
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QUOTE(felixmask @ Dec 2 2013, 01:46 PM) your headge meanz what ? fix current exchange rate. Ya means exchange rate is already fixed from May 2013 - May 2015...
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TSprophetjul
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Dec 2 2013, 03:19 PM
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QUOTE(gark @ Dec 2 2013, 03:17 PM) ALL dividend from SGX listed company is TAX FREE..  THAT is after company tax though. SREITs income is not subjected to tax provided they pay out 90% of their profits.
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gark
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Dec 2 2013, 03:20 PM
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QUOTE(prophetjul @ Dec 2 2013, 03:19 PM) THAT is after company tax though. SREITs income is not subjected to tax provided they pay out 90% of their profits.  well business trust is the same IF they pay out 90%...  but not obligated This post has been edited by gark: Dec 2 2013, 03:21 PM
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TSprophetjul
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Dec 2 2013, 03:23 PM
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QUOTE(gark @ Dec 2 2013, 03:20 PM) well business trust is the same IF they pay out 90%...  but not obligated ic......what is their payout proposals in their prospectus?
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felixmask
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Dec 2 2013, 03:24 PM
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QUOTE(gark @ Dec 2 2013, 03:18 PM) Ya means exchange rate is already fixed from May 2013 - May 2015...  You are rich apek , do you think is good wise using my local CDS buying SG reits or open SG CDS directly to buy reits. Need to plan HOLIDAY at SG and read Croesus Retail Trust ...  You jump...i see the water 1st then also jump... This post has been edited by felixmask: Dec 2 2013, 03:25 PM
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gark
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Dec 2 2013, 03:27 PM
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QUOTE(prophetjul @ Dec 2 2013, 03:23 PM) ic......what is their payout proposals in their prospectus? So far they have been paying out >100%... BT can opt to pay higher due to dividend is obtain from operating cash flow but REIT pay according to net profit. Here is an article of difference between REIT and BT is riskier than REIT that is why have higher yields..
Reit_or_Business_Trust.pdf ( 409.92k )
Number of downloads: 23
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gark
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Dec 2 2013, 03:28 PM
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QUOTE(felixmask @ Dec 2 2013, 03:24 PM)  You are rich apek , do you think is good wise using my local CDS buying SG reits or open SG CDS directly to buy reits. Need to plan HOLIDAY at SG and read Croesus Retail Trust ...  You jump...i see the water 1st then also jump... Just becareful BT is more RISKIER than REIT and NOT for everyone... This post has been edited by gark: Dec 2 2013, 03:30 PM
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