Frasers Centrepoint Trust :-

Quarterly report was released yesterday morning. In short, all metric were up, the DPU was higher compared to the same period last year and the suburban malls are looking good. Yield at current price = 7.18%.

Keppel Corp :-

Quarterly report was also released yesterday. All metrics were down, collection problem from a client in Brazil but still highly motivated. The price opened at 7.40 today, surprisingly, then dropped back to the lowest of 7.19. Couldn't catch any at 7.19 though, so bought at 7.25. Yield at current price = 6.62%. Still believed Keppel will come back.

Are you keen on a good big-cap counter which has a good yiled at present ?

At this point in time, I spotted Keppel Corporation, BN4. Share price has been depressed because of oil price problems affecting their Offshore & Marine business segment. The management has taken this opportunity to right-size, and to streamline their operations.

What I like about their web presentation is when they said this : Throughout history, Keppel Corp has always survived through all economic cycles, and have always come out to be in better shape after the cycle has ended.

I love the way they do their reporting, via webcasts. What are your opinions ?

I'm still watching Frasers Centrepoint Trust and Keppel Corp. Keppel DC REIT is a 'boutique' REIT that I'm looking at too. It came out in the Business Times last week that the non-traditional REITs are slowly finding their ways into the SGX.

Perhaps investors should have a look at non-traditional, boutique REITs too.

The biggest challenge for KDC REIT is forex risks. Many of the assets are overseas, except for the USA. The SGD, being such a strong currency is now seen to be disadvantageous to REIT investors when it comes to rental collection, unless the rental is TO BE COLLECTED in the SGD, or even partially denoted in the SGD, like First REIT.

Unfortunately, since the days of First REIT's IPO, investors have NOT MANAGED to influence for rentals to be collected in the SGD anymore. The magic could only work once, and that was with First REIT.

Thanks gents,.. okay, I have this to say about the price being below the nav.

Sometimes, it does not really mean that a REIT or a stock is worthy to buy if the price is below its nav. Experience tells me that if a REIT or a stock cannot get its price above nav, there are reasons for this. One possibility is because the REIT or stock is not good enough, that's why the mkt does not accord the proper price to the counter.

On the other hand, if a ctr has its price being above its nav, the reason could be because it is good enough to be there, and the mkt is willing to buy it at the higher price. But of course, certainly 20% is a bit too high-lar,...

The concept of : good things not cheap and cheap things not good is applicable to REIT units and stocks too.

Hi Av,... not that keen for Singtel, sorry.

Fired my first salvo today for Frasers Centrepoint Trust at $1.870 per share.Decided not to waut till next week for the theory of all events have been priced in may hold true this time. If it is, then if Ms Yellen does increase rate next Wed morning, then FCT may not drop further. BUt if Ms Yellen does NOT increase rate next week, then FCT may rise, for which I may miss the chance to buy.

At any rate, at the current yield of 7.70%, if the DPU is reduced due to any reason and the yield drops, even if it drops by 1.00%, I can still live with 6.70%.

Subsequently, if the price drops to compensate for the yield drop, I will continue to hold this counter for I believe in its fundamentals. I will average down if this counter continues to fulfill my investment strategies.

Watching the other counters in my radar now.

My calculation show yield at 7.82% wo, (0.14497/1.855*100=7.82%)                                                                              For easy DY reference , u can always refers to http://www.dividends.sg/ .
Btw, I vested in Frasers too 

6.41% is good. Price today is 1.82.

Anyone else considring FCT?

Yes, steady, steady,... hold your fire,....

hey, share their names here la...!

no point discussing and share nothing.

whoever made money with stocks in the last year or so can pat themselves on the back.

SRR cut.