QUOTE(TOS @ Jan 16 2020, 09:36 PM)
Their portfolio tends to be more resilient during though times as they mainly service public housing community. And they show good move in diversifying their portfolio into developed markets like Australia (with the purchase of 100 Market Street) recently.
I am aware of Fortune REIT but didn't have much holdings in it. Link is more established than Fortune and has been a favourite stock for dividend-hungry investors for years. I love its low gearing in particular, probably the lowest among all high quality REITs in SG and HK.
That said, Link has a very bad reputation in treating the underprivileged tenants in the past. A very immoral company. Too bad I have too little shares to voice out for them...
So, you prefer Fortune over Link? Why?
yes, I agree. Link is better for long term, especially when you consider the price appreciation about 15% CAGR over the past 9 years vs Fortune, only about 9%. I am aware of Fortune REIT but didn't have much holdings in it. Link is more established than Fortune and has been a favourite stock for dividend-hungry investors for years. I love its low gearing in particular, probably the lowest among all high quality REITs in SG and HK.
That said, Link has a very bad reputation in treating the underprivileged tenants in the past. A very immoral company. Too bad I have too little shares to voice out for them...
So, you prefer Fortune over Link? Why?
I hold Fortune simply because I had HKD which I got it ready to buy AliBaba but in the end, I bought the one in NYSE. Since I already got HKD, I thought of buying a stock which I can hold for short to medium term instead of converting my HKD back to another currency. This is only temporary as I try to figure out which other US/EU stocks to invest. I chose Fortune over LINK in the end due to the higher dividend yield. Both are great with increasing DPU. If I were to hold long term, LINK would definitely be better. It's not bad to buy now (since I try not to time the market), but around 80HKD would be optimal.