*Official* Parkway Life Reit (SGX: C2PU)

[simon_84]

I think Plife is still a good reit, facing short term correction. That's all..

2.22 to 2.3 plus is normal trading range for plife.
used to buy at 2.22 thinking that it was 52 weeks low...turns out the market went south.
if falls below 2.2 then is a correction.

 

[bhalimking]

Plife is a stable Reit and Effective Interest Rate locked in is low.

The current yield is not the most attractive at the moment but its pretty stable. I would add on definitely on market weakness, hopefully soon.

 

[flyfox]

Plife is a stable Reit and Effective Interest Rate locked in is low.

The current yield is not the most attractive at the moment but its pretty stable. I would add on definitely on market weakness, hopefully soon.

p/b value abit high. When we are talking about having some margin of safety

 

[wahkao3]

I think Plife is still a good reit, facing short term correction. That's all..

short term correction become long term correction how?

 

[sandwicher]

short term correction become long term correction how?

I've no idea why you keep posting this diagram.

As usual, this diagram has no clear relation to your text. If it's a long correction, means what? Your diagram shows it bouncing back up.
Are we saying a long or short correction is more to be worried with? Because either way, the stock in your diagram bounced back.

And that diagram is meant to explain the emotional aspect of investors. Not anything remotely close to a correction.

In any case, if short become long correction, don't you have the answer? Your ingenious TA+FA thing? Does it matter to you?

 

[simon_84]

Don't feed the troll especially when he is not vested in this counter.

 

[Dividends Warrior]

Plife is a stable Reit and Effective Interest Rate locked in is low.

The current yield is not the most attractive at the moment but its pretty stable. I would add on definitely on market weakness, hopefully soon.

Agree. Vested too.

Furthermore, the aging population in Japan is really no joke..... nursing homes greatly in demand. Luckily, the Japanese really respect their elderly.

Secondly, power of Mount Elizabeth and Gleneagles Hospital. Their medical fees also no joke!

 

[tiny]

I haven't entered this healthcare reit yet.

Is it really bao jiak? Aging population therefore private hospitals are big biz? No healthcare bubble meh... worried if the govt introduced new policies in the future that change the healthcare landscape (e.g. moderating the rates of surgery cannot anyhow charge. If private practice cannot charge high then the clinic can't afford the high rental fees)

 

[Dividends Warrior]

I haven't entered this healthcare reit yet.

Is it really bao jiak? Aging population therefore private hospitals are big biz? No healthcare bubble meh... worried if the govt introduced new policies in the future that change the healthcare landscape (e.g. moderating the rates of surgery cannot anyhow charge. If private practice cannot charge high then the clinic can't afford the high rental fees)

Aging population not bao jiak. Aging population must be rich too.

Top surgeons and specialists can charge top dollars.

 

[MikeDirnt78]

consider adding Raffles Medical if you already have Plife Reit. these are 2 healthcare stocks that one can safely buy to hedge against rising medical costs.

 

[flyfox]

Agree. Vested too.

Furthermore, the aging population in Japan is really no joke..... nursing homes greatly in demand. Luckily, the Japanese really respect their elderly.

Secondly, power of Mount Elizabeth and Gleneagles Hospital. Their medical fees also no joke!

Hi,

I agree with you that this counter is good. In fact I believe you loaded less than $2 back then, that's cheap.

I also like to stay vested and get dividends, and reinvest it back again like you. But when buying such stocks, good to have a margin of safety (probably get something p/b<1) and higher yield (>7%)

Shopping centre stocks like Suntec Reit, Fraser CP probably looks cheaper and more attractive to me.
Medical REIT stocks is slightly richer because it seems to be more stable and like u said about medical fees.

But I see Shopping centres, Commercial hubs REIT are equally as stable to me too...just my 2 cents

 

[flyfox]

consider adding Raffles Medical if you already have Plife Reit. these are 2 healthcare stocks that one can safely buy to hedge against rising medical costs.

Rising medical costs doesn't mean they earn more. They probably face rising wages , rising medical supplies as well.

I feel that RMG PE is abit rich currently. I will continue to monitor and probably load when it drops more

 

[for_friend]

PARKWAY LIFE REIT FORTIFIES ITS NURSING HOME AND CARE FACILITIES
PORTFOLIO IN JAPAN WITH ITS SECOND ACQUISITION IN FOURTH
QUARTER 2014
 Yield accretive acquisition at net property yield of 6.9%1
 Well-located facility and further tenant diversification
 Japan’s aged care market to continue providing valued opportunities for PLife
REIT
Singapore, 19 December 2014 – Parkway Trust Management Limited, as manager of
Parkway Life Real Estate Investment Trust (“PLife REIT”, and as manager of PLife REIT,
the “Manager”), one of Asia’s largest listed healthcare REITs, is pleased to announce the
purchase of another nursing home and care facility property, Ocean View Shonan Arasaki
(the “Property”) for a purchase price of JPY1,700 million (approximately S$18.9 million)2
from Oueikikaku Kabushiki Kaisha (“Oueikikaku”). This announcement follows the earlier
acquisition of Habitation Jyosui announced on 28 November 2014 as PLife REIT seeks to
fortify and enhance the value of its portfolio in Japan.
Acquisition of yield-accretive nursing home and care facility property in Kanagawa
prefecture, Japan
HSBC Institutional Trust Services (Singapore) Limited, as trustee of PLife REIT has through
its wholly-owned subsidiary, Parkway Life Japan4 Pte. Ltd., entered into a Tokumei Kumiai
agreement (or silent partnership, similar to the holding structure for PLife REIT’s previous
acquisitions in Japan) for the acquisition of the Property. The acquisition will be at a discount
to valuation3. It is expected to generate a net property yield of 6.9%1 and the acquisition is
expected to be completed by January 2015.

 

[daxiong88]

willwait for good opportunity to go in.

 

[aloha.x]

is it coincidental that all 3 accounts: TS and the 2 that liked the post.. are all new accounts...

 

[simon_84]

2.34 intra day low is not exactly low price...this counter can slip to 2.2 range.
but at 52 weeks low, this price is attractive though.

low yield due to current market price.

 

[Perisher]

Been observing this for a long time, still think this is high. But ok lar, can start small and accumulate.

 

[Obama486]

my last week post Metro -- up 5cts
my yesterday post -- Singtel -- today up high at 4.30
make no mistake !
I will continue post more good stocks with potentially uptrend

u only know how to say will chiong

can please provide details , like FA or TA????????

 

[winorlose]

very weird, nowadays alot of May 2015 accounts open thread to ask pple to buy

 

[Shion]

very weird, nowadays alot of May 2015 accounts open thread to ask pple to buy

Dont know who is behind all these...