Fished some Viva at 0.67......

Singtel :-

Assuming the January payout stands at SGD0.068 per share (as it has been since 2010), and;
Assuming the August payout goes to SGD0.100 per share,

the yield will stand at 4.86%, for a price of SGD3.45. Singtel has payouts in January,... not easy to find a dividend counter which has payouts in January,...payouts of twice a year.

M1 Ltd :-

Assuming the August payout = SGD0.07 per share and the April payout goes to SGD0.071 per share, the yield will stand at 5.64% for a price of SGD2.50. Payouts are of twice a year.

M1 has a higher chance of pushing the yield up above 6.00% as the price dips further.

Aren't you concerned about the increasing warehouse space this year and the next, which may cause a glut, leading to further rental compression ?

My signal gravitates towards catching the ride up a little later rather than trying to fish the bottom which may result in going in a little too early.

Edited grammar errors.

This post has been edited by Hansel: Jan 19 2016, 01:28 PM

A breather today, rebounds seen in KepCorp, the three SG Banks and other counters. So,...no game today !

Thanks to the 4Q and full year 2015 GDP numbers and other related numbers released by China at 10am this morning.

Hoping SG equities will resume selloff tomorrow.

fortunate i dumped last week.

oil counters all up so much! noble,sci, kep corp

Yeah,.. but I see that all are up, with the biggest percentages enjoyed by O&G counters. But I think KepCorp will drop backby tomorrow,... Sete Brazil has an important mtg on Thursday....

I will wait for oil price factor to be clear out first before my next enter.

P/S I have two telco counters drop today, M1 and Singtel

This post has been edited by yck1987: Jan 19 2016, 05:16 PM

Short term yes. Think all S reits will face rental compression.
But longer term at 67 cents should be good.

Hi yck,.. it's okay for the drops in the two telcos. The DPUs should be quite reliable for telcos, at least historically,... look at my conservative analysis a few posts back,...

Not all,... from my current holdings, I can see that my healthcare REITs and the sole data centre REIT are still holding-up well in terms of rentals, and still have their rental terms steady and not having any re-negotiation. The occupancy rate has not dropped too.

It would be pointless for a REIT to stand hard on imposing its rental rate, and in the end brings about a decrease in occupancy rate, or, for Industrial REITs, causing the Master Tenant to move out, having to convert to being multi-tenanted ! Multi-tenancy increases property expenses, causing a severe drop in net property income.

Keppel Corp and its multiple business segments, contributing to the communities where they do business in. Keppel Corp should survive in times of low oil price.... :-

Keppel Land China conferred Top 10 ASEAN Companies in China Award by China-ASEAN Business Council

It is the only company that has been awarded the accolade for four consecutive years.

Keppel Land China Limited (Keppel Land China) has been conferred the Top 10 ASEAN Companies in China award by the China-ASEAN Business Council (CABC) today. The Award honours model ASEAN companies which have achieved business success and contributed positively to the local Chinese communities they operate in.

Reporting for the Financial Year ended 2015 for Keppel Telecommunications and Transportation :-

Keppel Telecommunications & Transportation Ltd Unaudited Results For The Financial Year Ended 31 December 2015

The Directors of Keppel Telecommunications & Transportation Ltd advise the following results of the Company and of the Group for the fourth quarter and financial year ended 31 December 2015.

These figures have not been audited.


FY2015 RESULTS HIGHLIGHTS

1. Revenue was lower by 11% to $200.6 million.

2. The divestment of assets in 2014 comprising mainly sale of data centre assets to Keppel DC REIT contributed $186.4 million to the Group's 2014 net profit attributable to shareholders. Excluding the divestment gains in 2014, net profit attributable to shareholders was higher by $31.3 million at $91.5 million.

3. Earnings per share was 16.5 cents.

4. Net asset value per ordinary share increased by 2% from $1.27 per share to $1.30 per share.

Comments :-

1) The sale of the Data Centre assets to Keppel DC REIT (KDC) is actually a gain for KDC in the long run, and a loss for Keppel T&T.
2) For the Financial Year ending 2014, Keppel T&T gave out a Final Dividend of 3.5 Cts per share and A SPECIAL DIVIDEND OF 11.50 CTS PER SHARE, probably due to the divestment gain realized at a value of $186.4 Mil.
3) For the Financial Year ending 2015, Keppel T&T gave out ONLY the Final Dividend of 3.5 Cts per share. The DPS is maintained.

Edited by adding further comments :-

Taking into account the once-a-year dividend payout of 3.5 Cts of Keppel T&T, the divvy yield of this counter is only at 2.48%, at today's price of $1.41. With the current depressed ricesof many dividend-paying counters, Keppel T&T does not stand out as an attractive counter to me. FUrthermore, Keppel T&T has lost a very important assets base, namelt their data entre assets.

Keppel T&T's loss is KDC's gain. - Revenue was lower at 11% in 2015.

Unitholders of KDC are actually capitalising from the loss of Keppel T&T,....

This post has been edited by Hansel: Jan 19 2016, 07:44 PM

Healthcare tends to do better as far as tenancy is concerned.
However their yields tend to be already compressed.
So its a matter of higher yields facing potential compression or lower yields being bit more stable. A choice.
So i am thinking at present 9.5%, maybe i may end up with 7.5 to 8%....compared with say First presently approx 7%.
There is guarantee that this will not compress. So a matter of choice

what healthcare reit u having?

Good morning forummers,...

OUr Monetary Authority of Sgp (MAS) is responding to threats by other South East Asia Gov'ts to rollout better taxation incentives ! This is more applicable to First REIT which is now toying with the idea of delisting from our SGX and relisting in the Jakarta Stock Exchange.

http://sbr.com.sg/financial-services/news/...ng-tax-incentiv

Take a bet on First REIT,.... it's time to capitalise on the strength of investing in an economy that cares about her investors.

Thank you, MAS, for responding to our needs.....

Thank you, prophet for your quality reply,...

For me, I look at DPU for now, and DPU is affected by external economic factors, among which are rental compression and occupancy rates. I mentioned in an earlier post that for the healthcare sector in general, the DPU is quite resilient, AND I did not talk about the yield. Why ?

Because to me, yield is based on a formula that takes into account the price of the REIT. If the DPU is resilient, then I start to hope for two things in my investment journey :-

1) the economy goes down and the institutions are forced to sell due to their internal policies, after which, the price will be pressed down.

2) the DPU continues to remain resilient even under bad economic conditions, for whch I have to observe very closely, and to attend AGMs, and to attend talks, and to debate in this forum,...

If I get positive responses to the above two things, then I know that my yield will TAKE CARE OF ITSELF, if I buy-in to those healthcare counters. Talking about guarantee or not, it is not possible to offer such commitments due to the ever-changing environment. We use other tactics to forward an effect of 'guarantee' to the success of our, in this case, REIT investments.

First REIT and Parkway Life REIT in the SGX.

A bit of tips for this afternoon,... prices should be quite acceptable for loading-up partially when the SG Banks have reached the following levels :-

1) OCBC -7.50

2) DBS - 14.00

3) UOB - 16.50