SPH Reit DPU Steady as a Rock but Risk has also increased

The headline of SPH REIT's press release last Friday read "SPH Reit 2Q 2019 Distribution Income 2.5% Higher Year-on-Year". However, looking into the numbers, the cash distribution available was only up 1.0% and the DPU increase was even smaller at +0.4%. This is despite SPH Reit increasing the "cash payout ratio" from 96.8% last year … Continue reading SPH Reit DPU Steady as a Rock but Risk has also increased

Advertisements

6% Yield Portfolio

With the last company on my watchlist reporting its quarterly results yesterday, I can wind up my dividend collection for the year already. I have managed to hit 6% yield from my portfolio. This outperforms my expectation of a 5% yield, with the help of some margin trading. While I am happy with this, the … Continue reading 6% Yield Portfolio

Alternate REITs Buy Trigger = Reversion to Mean Dividend Yield

First, I like to wish all my Chinese readers a very Happy New Year, 祝你 恭喜发财, 万事如意,  身体健康! A week has passed since the shocking week and guess what, the US stock markets have turned around and now marched steadily and confidently forward despite the 10 years Treasury yield rising to recent record levels which was the … Continue reading Alternate REITs Buy Trigger = Reversion to Mean Dividend Yield

Accumulating MapleTree Commercial Trust

I did some research on MapleTree Commercial Trust (MCT) and found it a solid company to consider investing in.     Although the current share price provides good value, I will accumulate more when its share price is $1.47 and below to satisfy the “safety margin” that I set for myself. Below are my key … Continue reading Accumulating MapleTree Commercial Trust

Far East Hospitality Trust – Sell Now First Buy Later Maybe

“We maintained our buy call on Far East Hospitality Trust with a revised target price of $0.70 … We believe 1H17 marks the cyclical low in FEHT’s earnings and FEHT should report sequential improvements in DPU going forward as we approach 2018 … FEHT valuations are attractive, trading at c.0.75x P/BV and offering a high … Continue reading Far East Hospitality Trust – Sell Now First Buy Later Maybe

Phillip Singapore Real Estate Income Fund – What price to enter?

In my last blog post: "Surprise in Reits ETFs Review!", I mentioned that I would just buy Phillip Singapore Real Estate Income Fund (PUT) instead of buying individual REITs on local market when the share price of SG Reits (i.e also implied for PUT) decline to an attractive level.Following that, I have received questions of "what … Continue reading Phillip Singapore Real Estate Income Fund – What price to enter?