To share:


Attached File(s)
 sgreit181212all.pdf ( 926.02k ) Number of downloads: 306

Bought more LippoMalls recently after its major fall

heheh - sorry bro.
i didnt buy based on price expectations, i bought based on the expected DY% based on $0.43
i'm a simpleton when buying REITs - just based on NAPS vs Price, D/E (or gearing) and DY%.

erm... methinks it depends.. on what its majority debt's currency is based on

AVFan
On the Rupiah vs SGD, methinks it's similar to the Q where a forumer was asking in REITs topic/thread, something like:
"If i buy SG REITs, can i make more than MY REITs since SGD higher exchange than RM?"
it doesn't matter the exchange rate coz DY% is based on cost paid
thus if i paid SGD$1 and get 10%
VS
i paid MYR$1 and get 10%
which higher profits?
Similar to buying Indonesia REITs in SGD right?
higher SGD buys more rupiahs, thus the "cost" is cheaper? huh? or rupiah so weak against SGD, worth it ar?
hehe i'm no ForEx expert yar, just basing on common-sense where if one pays $x, get worthwhile y%, i dont care what currency as long as it's a usable currency.
eg.
SGD $10 to $1 DonkeyDollar (factitious) - weak right?
well, if i buy REIT in DonkeyDollar and get 10%yield, convert back to SGD, do i still get 10%yield?
should be, unless DonkeyDollar falls several points against SGD - ie. spiral of death
again - i stand to be corrected & learn better yar pls shed some light if anyone knows better

This post has been edited by wongmunkeong: Sep 10 2013, 11:08 PM

HLeB charges me SGD10 too:
SGD6 for "SGD handling charges"
SGD4 for "our handing"

IMHO - if you're doing buy & zzz to collect DY, not rabid trading, it's worthwhile to use local firms.

However if you're doing rabid trading OR yr holdings generate very low dividends, then worthwhile to go SG open one.
Reason:
Trading - commission charges are lower
Small holdings generating small dividends - local charges some fees to process dividends (even re-invested via DRIPS). Thus, that "fee" make make a big % of the dividend received or reinvested.

Just an opinion based on reasons above yar - not the only reality.

For clarity of taxable, not taxable, withholding tax, blah blah... - to share findings
NOTE: i'm not a tax expert ya - just reading & interpretation by common Joe.

Bottom line:
For individual investors - not taxable at recipient's end AND no withholding tax
REIT's income is NOT taxable IF distributed within financial year

The related references UNDERLINED for your easy review.

REFERENCES
http://www.kpmg.com/PL/en/IssuesAndInsight...ment_Trusts.pdf
 Taxation_of_Real_Estate_Investment_Trusts.pdf ( 694.42k ) Number of downloads: 11

a. Income tax
• Not taxable if SREIT’s taxable income from Singapore properties is distributed within the financial year
• Any taxable income not distributed within the financial year is subject to tax at the prevailing tax rate, currently 17%

b. Withholding tax
• Withholding tax at the prevailing corporate tax rate, currently 17%, is applicable on distributions made by SREITs, except where the distributions are made to:
• Individuals who will receive the distributions free of withholding tax, unless these are received through a Singapore partnership
• Qualifying unit holders (such as Singapore resident corporate unit holders, Singapore branches of foreign companies, bodies of persons, etc) who will receive the distributions free of withholding tax
• Qualifying foreign non-individual unit holders who will receive distributions at the reduced rate of 10% for distributions made until 31 March 2015

c. Foreign Shareholders - Dividends
• Subject to meeting qualifying conditions, foreign non-individual unit holders are subject to withholding tax at 10% for distributions receivable on or before 31 Mar 201510. This withholding tax is a final tax
• For foreign individual unit holders, the distributions are exempt from tax, unless they are derived through a partnership in Singapore
• Distributions made out of capital gains (except trading gains) are exempt from tax

Additional resources (from Gov itself):
http://www.moneysense.gov.sg/understanding...ent-trusts.aspx

This post has been edited by wongmunkeong: Jul 25 2014, 11:03 AM

https://forum.lowyat.net/topic/2504121/+623
Good to read or search first in future

U meant sKunk right? heheh smelly & unwanted
... and all these will pass too, one day

we threaten.. logics & reasonings only

"Game plan" for the cursed investor (like me)
- who buys, then price goes down
- who doesn't buy yet, then price goes up

1. Buy to purposely nuke the price - only use some $ (up to U la how many %)
2. Once down XX%, use the backup to buy more ("stock piling")
3. IF down even more XX% use the rest or whatever U've planned before (1.)

of course before (1.) already done some home work lar on what is wanted at what max cost
thus when (2.) and (3.) happens, bonus! <excludes Enron, WorldComm, etc.>

Just sharing a possible "game plan"

Thanks for the heads-up Vector88

sigh.. cash ya but another one gone (investment asset / option) .. urgh
gotta hunt for another "player" to buy for my "team of assets"

specifically... residential AND YAPUN (developed country also can) neh

"Technically" not REIT but a biz trust wor...

Hm.. still, holdings are
"...CRT’s principal investment strategy is to invest in a diversified portfolio of predominantly retail real estate assets located in the Asia-Pacific region, with an initial focus on Japan. The initial property portfolio of CRT consists of four completed retail properties located across Japan, which includes Aeon Town Moriya, Aeon Town Suzuka, Luz Shinsaibashi and Mallage Shobu (collectively, the Initial Portfolio). Aeon Town Moriya consists of a shopping mall with approximately 135 retail units. Aeon Town Suzuka consists of a shopping center. In September 2014, the Company acquired 100% interest of Durian 2 TMK Holding Pte Ltd from Croesus Merchants International Pte. Ltd."

Danke danke will dig in and see if it plays well with the rest of the midfielders i have heheh

wah.. how U read my mind from so far away?
scary.. and yup, thanks for the info share

Just to share:
STOCKS WORTH CONSIDERING IN 2017
EXCERPTS FROM VARIOUS RESEARCH HOUSES
http://www.sharesinv.com/wp-content/upload...ing-In-2017.pdf

hehe - similar feeling & thinking here too, either "too high"/low value stocks/ETFs or just bad forex impact if bought now.
I've not been sitting on so much % waiting to be deployed since 2006/2007.
Hm.. may be a good thing?


This post has been edited by wongmunkeong: Feb 17 2017, 08:13 AM

same here - filtered stocks & target price 1st loading, 2nd loading, 3rd loading (to my values wanted)

i suspect us older folks dont have the patience to nego/chase for "best price"
anyhow, WTFish is "best price" anyway - $0?

i think the keyword here is "does NOT spend" (much) - prioritized spending / frugality on low value stuff to him
no matter how much one makes, if expenditure >= income (active + passive), net worth or cash flow still kaput