Dow just dropped 300points last night..today will drop further i guess

Acc to report, industrial spaces in SG is facing oversupply.. In AIMS latest quaterly report brief, the mgmt also warned that rental and occupancy in 2H 2015 might be affected due to the oversupply issues. So be careful in industrial reit...

Sharing is caring...

I bought some croesus today... Based on today closing price and previous quarter dividen, it is about 9.5% yield... Cannot resist it..

Also for croesus they will distribute 100% of their earnings up to FY2016 if not mistaken, thereafter at least 90%. Earnings will be impacted if their leases in retail mall japan are not renewed. Looking at its lease profiles and if u believe in Japan QE and Abenomics, this is unlikely to happen in near term.

U will get double digit yield liao if u get at this price... Today likely u can get it since it is expected to be another day of bloodbath...

And tomorrow croesus is reporting its quarterly results... So accumulate more units while the price is low !

2.2, that was like in early 2000... More than 10yrs back?!

Croesus results went well, 2.02cents DPU... U got almost double digit yield based ur purchase price yesterday

Indeed, last 2 weeks dip gave me an opportunity to buy back some of the reits i sold previously at lower price... Now the yield is much more reasonable, with many having yield of more than 7%... Previously, hard to find one due to high price...

Still some good picks around... Shop more

Today i bought fraser comm trust, still able to get >7% yield though the price has bounced up about 10% from the bottom..but it is still about 15% from its peak

Yeah, agree, focus on the yields and fundamentals rather spending too much efforts on the "bounces" and catching the lowest entry...

Ocbc research top reit picks

http://www.ocbcresearch.com/List.aspx?type=research&bcid=M1

http://www.ocbcresearch.com/Article.aspx?t...826104437_51692

Keppel DC
Fraser Comm
Fraser CEnterpoint
Starhill

This post has been edited by Vector88: Sep 29 2015, 04:44 PM

Is it worth to invest more units? Any analysis here ?

Found some good analysis about CRT right issue, from the sreit sifu, AK71...

http://singaporeanstocksinvestor.blogspot....rights.html?m=1

No need if use nominee acc, eg: itradecimb in my case...

Wa.. Everyone seems to bullish now, don't forget Fed just delay the rate hike, not canceling it ler...hehe...

I am holding my position 80/20 now, 80% reits and 20% cash... Save for the rainy days...

This post has been edited by Vector88: Oct 19 2015, 06:53 PM

Just be careful on Suntec, very volatile ... OCBC research doesn't seems to be positive on this stock. The others research houses (DBS, RHB, HSBC) mostly have a SELL or HOLD rating on the stock
http://sgx.i3investor.com/ptservlet.jsp?sa=pts&q=Suntec+Reit



Suntec REIT reported a 20.4% YoY increase in its 3Q15 gross revenue to S$86.1m, while DPU grew 8.3% to 2.522 S cents, of which 0.182 S cents per unit (S$4.6m) was contributed by distribution from capital. Results were within our expectations. The larger available space at Suntec City mall following the completion of its AEI has coincided with the soft leasing environment, making rental negotiations more challenging, in our view. Overall committed passing rent for Suntec City continues to soften, while management has to deal with lease expiries totalling 21.4% and 27.7% of its total office and retail NLA in FY16, respectively. Given a 6.0% drop in Suntec REIT’s share price since we downgraded the stock to a ‘Sell’ on 21 Jul 2015, we believe the market has priced in some of the negatives. Hence, we upgrade the stock to HOLD, with an unchanged fair value estimate of S$1.50.

3Q15 results within our expectations
Suntec REIT reported a 20.4% YoY increase in its 3Q15 gross revenue to S$86.1m. This was driven by the opening of Phase 3 of Suntec City mall following the completion of the AEI and better performance from Suntec Singapore. DPU grew 8.3% YoY to 2.522 S cents, of which 0.182 S cents per unit (S$4.6m) was contributed by distribution from capital. Results were within our expectations. On a 9M15 basis, Suntec REIT’s gross revenue jumped 17.7% to S$242.0m, forming 76.7% of our FY15 forecast. DPU of 7.252 S cents represented a growth of 6.3%, and this constituted 74.8% of our full-year projection.

Leasing challenges remain
Suntec REIT unveiled the official opening of Suntec City yesterday, following the completion of its S$410m AEI which started in Jun 2012. This has resulted in a bump up in the mall’s NLA from 855,000 sq ft to 960,000 sq ft, with an overall committed occupancy of 96.4%, as at 30 Sep 2015 (+1.1 ppt QoQ). The larger available space has coincided with the soft leasing environment, making rental negotiations more challenging, in our view. Overall committed passing rent for Suntec City stands at S$12.03 psf per month (on a stabilised basis), which was a dip from the previous quarters (2Q15: S$12.12 psf per month; 1Q15: S$12.15 psf per month; 4Q14: S$12.27 psf per month). Although Suntec REIT has minimal leasing risks for the remainder of FY15 for its office and retail portfolio, the situation is far more uncertain for FY16, as management has to deal with lease expiries totalling 21.4% and 27.7% of its total office and retail NLA, respectively.

Upgrade to HOLD on valuation grounds
Suntec REIT’s share price has fallen 6.0% since we downgraded the stock to a ‘Sell’ on 21 Jul 2015. We believe the market has priced in some of the negatives, and we now see limited downside returns ahead. Hence, we upgrade the stock to HOLD, with an unchanged fair value estimate of S$1.50. Suntec REIT is currently trading at FY15F P/B ratio of 0.77x and offers a distribution yield of 5.9%.

This post has been edited by Vector88: Oct 24 2015, 03:39 PM

Starhill Global REIT just released a very good results IMHO.. all the numbers look good..

DPU up
NPI up
no debts mature till 2018
reasonable gearing level ard 35%
interest rates are almost fully hedged
current price still below NAV

any negatives that u guys see ? only -ve part I see is the currency risk as about one third of its revenue derived from AU and MY

Reits seems to slide further after Yellen hint of raising rate in Dec... Bear comes back to haunt the market...

Surprise to see first reit slide to a new low, below 1.2 today... What happened? Relieve to get out during the market rout last month...

Btw, anyone here receive the rights for Croesus ? I applied for excess rights but I am not sure about the application status...

Bye for me, i think First reit valuation is too rich...if not mistaken its price per nav was ard 30% premium before this..now probably 20% ...