QUOTE(Smurfs @ Jun 11 2021, 01:41 PM)
With those occupancy rate and the below "forecast" Yield FY 2021, not my cup of tea
Somemore they are assuming on 100% payout rate.

SUNREIT?
Let's revisit at my initial writing since last year May 2020 :
My Sinkalan forecast DPU for FY20200 : 7.7sens
Actual DPU FY 2020 : 7.33 sens
To-date FY2021 DPU : 1.67 sens
SUNREIT's major property income is derived from Retail, and with all these never ending MCO CMCO RMCO FMCO, impact on retail sector is REAL and huge.

I doubt SUNREIT is able to pay 7 sens this year....Now lets see the chart :

1.4x level seems a pretty strong support...If iplace a bet invest now, most likely i am able to get 4 sens FY2021, which translate to 2.8% yield this year...at the same time, i'm "hoping" the situation will get better and DPU will normalise soon..worth the bet?
Another write up last time :
Yes with worldwide massive fiscal injection to fight covid and central banks shift towards more accommodative policies, low interest rate environment will continue..at least for a year or two.. Yield chasing pension funds and institutional funds still remain invested in REIT.
However, as a tiny retail investor, i will still ask myself whats my expectation to SUNREIT? recovery play? Dividend play? Is there any other options out there?
If i want to buy into a REIT, i aim to collect Rental from it....if i know most of tenants unable to pay me rental, or i have to subsidize their rent for the time being, why should i buy into it? Why now?
Perhaps you can take a look on ATRIUM...now trading at all time high..and there is a valid reasoning to support the rocketed price
Based on the IGB Comreit ROFS price of 40 sen (after considering the free shares) the estimated yield for 2021 is about 9%
SUNREIT?
Let's revisit at my initial writing since last year May 2020 :
» Click to show Spoiler - click again to hide... «
My Sinkalan forecast DPU for FY20200 : 7.7sens
Actual DPU FY 2020 : 7.33 sens
To-date FY2021 DPU : 1.67 sens
SUNREIT's major property income is derived from Retail, and with all these never ending MCO CMCO RMCO FMCO, impact on retail sector is REAL and huge.

I doubt SUNREIT is able to pay 7 sens this year....Now lets see the chart :

1.4x level seems a pretty strong support...If i
Another write up last time :
» Click to show Spoiler - click again to hide... «
Yes with worldwide massive fiscal injection to fight covid and central banks shift towards more accommodative policies, low interest rate environment will continue..at least for a year or two.. Yield chasing pension funds and institutional funds still remain invested in REIT.
However, as a tiny retail investor, i will still ask myself whats my expectation to SUNREIT? recovery play? Dividend play? Is there any other options out there?
If i want to buy into a REIT, i aim to collect Rental from it....if i know most of tenants unable to pay me rental, or i have to subsidize their rent for the time being, why should i buy into it? Why now?
Perhaps you can take a look on ATRIUM...now trading at all time high..and there is a valid reasoning to support the rocketed price
As for Sunway REIT, there are a lot of disruption from the lockdowns and with the latest announced recovery plan, it’s not going to have very nice performance till FY2022 I think
This post has been edited by ryan18: Jun 16 2021, 12:32 AM
Jun 16 2021, 12:27 AM

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