General S-REITs Discussion Thread

[TehSi99]

In SG market or any market, there are buyer and seller,
Buyer - buy for long or short seller covering short. Including retail and institutional investors.
Seller - sell or short sell. Including retail and institutional investors.
So not just BB can sell.

True. But what i noticed is that the sell volume is high with very much lower number of orders.

 

[revhappy]

If someone buys FLCT today, do you expect the price to rise after holding for 10 or 20 years? What are the fundamental reasons for the price to go higher? Rising asset valuation? What else? Which factor is the most important?

I buy and hold (DCA) into REITs. I know dividend (mostly) comes from rental, but future price appreciation is something I am uncertain of.

Over 10-20 years it is about what is a good store of value. Is it cash or is it assets like real estate, stocks, precious metals etc. Cash is something printed by central banks to facilitate transactions. So they need to keep increasing cash to facilitate those transactions as economic activity increases, so more and more cash in the system is surely not a good store of value. On the other hand real estate, cannot be printed, precious metals also there is a limit how much you can extract and good companies also are rare.

So of all things it is only cash that can be created by central banks on the click of a button, poof, just like that.

 

[Andrew833]

If someone buys FLCT today, do you expect the price to rise after holding for 10 or 20 years? What are the fundamental reasons for the price to go higher? Rising asset valuation? What else? Which factor is the most important?

I buy and hold (DCA) into REITs. I know dividend (mostly) comes from rental, but future price appreciation is something I am uncertain of.

Woah you questions getting more and more cheam.
As long as fundamental or FA is good, the future is good.
A REITs buy property, rent it out, sell property. It's the same as any property company like Capitaland etc.

Property company like CapitaLand, is doing the same thing as REITs, but payout is lesser than REITs.
Yet REITs can buy properties from sponsor like CapitaLand.

 

[basic___]

More or less recovered by the big dip earlier in the week. The stocks rebounded pretty well. No need to scared if the stock has good fundementals

 

[frozenkid]

More or less recovered by the big dip earlier in the week. The stocks rebounded pretty well. No need to scared if the stock has good fundementals

You are definitely right on this.

Though, no regrets on selling A-reit because I have been holding it for more than 6 months and the counter just not moving up despite the hype and reiteration by bank analysts. Yield wise there are a lot better counters as well.

Incurring a lot of opportunity cost as you see other counters performing better than A-reit both in terms of capital gain and dividends yield.

 

[yumsang]

lucky I sold ESR last year when it cha cha below 0.4 while it tried to merge with dunoe who

 

[Andrew833]

lucky I sold ESR last year when it cha cha below 0.4 while it tried to merge with dunoe who

Same, with sabana

 

[dappermen]

would this b useful by Poems -
https://forums.hardwarezone.com.sg/...-recommendation.6499828/page-3#post-133924856
.....do u agree it is buyg @ a prem or disc? of cos need further qltative analysis

Name	Current PB Ratio	5 year Ave. PB Ratio	Premium / Discount
Healthcare-
First Reit - eeeeeewwww	0.74	1.24	-39.96%
ParkwayLife Reit	2.09	1.65	26.96%
Hospitality
Ascott Residence trust	0.93	0.91	2.39%
CDL HTrust	0.95	0.97	-1.69%
Frasers HTrust	0.87	0.92	-5.25%
Far East HTrust	0.80	0.73	8.85%
ARA US Htrust	0.85	0.88	-2.58%
Retail-
Lippo Malls Tr	0.69	0.99	-29.99%
StarhillGbl Reit	0.70	0.78	-10.71%
SPHREIT	0.96	1.03	-6.71%
BHG REIT	0.64	0.83	-22.72%
Frasers Cpt Tr	1.06	1.06	-0.47%
Sasseur REIT	1.01	0.84	20.44%
Capitaland China Trust	0.92	0.93	-1.28%
DASIN REIT	0.48	0.59	-18.38%
United Hamsphire US REIT	0.91	0.76	20.52%
Commercial-
KepPacOakReitUSD	0.91	0.92	-1.36%
IREIT Global	0.84	1.01	-17.08%
ManulifeReit USD	1.03	1.05	-2.04%
Elite Commercial REIT	1.44	1.02	40.93%
Keppel Reit	0.95	0.82	16.49%
Prime US REIT	1.00	0.99	1.10%
Industrial-
Sabana Reit	0.82	0.76	7.38%
ESR-REIT	1.02	1.03	-1.60%
AIMS APAC Reit	1.05	1.00	4.74%
ARA Logos Logistics trust	1.43	1.15	24.23%
EC World REIT	0.83	0.89	-6.27%
Ascendas Reit	1.41	1.30	8.80%
Mapletree Ind Tr	1.68	1.40	20.48%
Mapletree Log Tr	1.50	1.21	24.35%
Keppel DC Reit	2.26	1.49	51.18%
Diversified-
CromwellReit EUR ?	0.94	0.99	-5.07%
CapitaInt com trust	1.06	1.02	4.55%
Frasers L&C Trust	1.34	1.09	22.95%
Suntec Reit ???	0.75	0.83	-10.05%
OUE Com Reit ?	0.69	0.75	-7.92%
Mapletree NAC Tr	0.86	0.81	6.11%
Mapletree Com Tr	1.27	1.11	14.43%
Lendlease REIT ????	0.96	0.85	12.84%

 

[simon_84]

You are definitely right on this.

Though, no regrets on selling A-reit because I have been holding it for more than 6 months and the counter just not moving up despite the hype and reiteration by bank analysts. Yield wise there are a lot better counters as well.

Incurring a lot of opportunity cost as you see other counters performing better than A-reit both in terms of capital gain and dividends yield.

reits are not known for capital gains unless you are talking about one with plenty of volume.

was holding a little bit of Areit, so at the moment if can sell at 3.16 range is considered decent exit price.

 

[simon_84]

i think like starhill? hahaha sibei stable

resistance for starhill global was around 0.59, sold off since been holding it for the past few years.

 

[frozenkid]

reits are not known for capital gains unless you are talking about one with plenty of volume.

was holding a little bit of Areit, so at the moment if can sell at 3.16 range is considered decent exit price.

That I understand but as I was sharing, there are many other counters that have better capital gains and dividend yield (though to be fair, different focus). The matter of fact is when you have only a dollar, where should you put this dollar?

When you put in a counter that performs worse off than other counters, then technically speaking you are incurring opportunity costs (due to conviction or whatever the reason is).

For example, I am having better returns (both yield and gain) on Sasseur Reit (22% excluding divs), lendlease (20% excluding divs), starhill (16% excluding divs), ARA logos (18% excluding divs). There are also counter that I entered way late into the game and they are already better performing compared to A-REIT and that is what I am grumbling over in terms of A-REIT being underperforming. It occupies about 15% of the total REITS portfolio and I think I have given it enough time to shine.

As I have held A-REIT for more than 6 months now, I can confirm that it has touched 3.15 or 3.16 before in the past 6 months but it is very pathetic as compared to the other counters. Industrial REITS at the moment I doubt it can touch its previous July - September 2020 high anytime soon (e.g. Ascendas, Mapletree industrial etc.)

 

[simon_84]

That I understand but as I was sharing, there are many other counters that have better capital gains and dividend yield (though to be fair, different focus). The matter of fact is when you have only a dollar, where should you put this dollar?

When you put in a counter that performs worse off than other counters, then technically speaking you are incurring opportunity costs (due to conviction or whatever the reason is).

For example, I am having better returns (both yield and gain) on Sasseur Reit (22% excluding divs), lendlease (20% excluding divs), starhill (16% excluding divs), ARA logos (18% excluding divs). There are also counter that I entered way late into the game and they are already better performing compared to A-REIT and that is what I am grumbling over in terms of A-REIT being underperforming. It occupies about 15% of the total REITS portfolio and I think I have given it enough time to shine.

As I have held A-REIT for more than 6 months now, I can confirm that it has touched 3.15 or 3.16 before in the past 6 months but it is very pathetic as compared to the other counters. Industrial REITS at the moment I doubt it can touch its previous July - September 2020 high anytime soon (e.g. Ascendas, Mapletree industrial etc.)

seems more like you have over allocated on areit itself, my broker had also recommended this counter for short to medium term trade, didn't completely take his word for it so went with a small position to gauge the market sediment.

similarly, i had also over allocated in starhill global so was happy to shift funds into a business trust.
probably won't be looking at local based reits since their yield are pretty much depressed.

anyway is sell in may and go away season so it make sense to lock in some profits and rebalance the portfolio again in the later half of the year.

 

[frozenkid]

seems more like you have over allocated on areit itself, my broker had also recommended this counter for short to medium term trade, didn't completely take his word for it so went with a small position to gauge the market sediment.

similarly, i had also over allocated in starhill global so was happy to shift funds into a business trust.
probably won't be looking at local based reits since their yield are pretty much depressed.

anyway is sell in may and go away season so it make sense to lock in some profits and rebalance the portfolio again in the later half of the year.

Thanks bro for sharing. You triggered and served as a reminder for me.

 

[dappermen]

For example, I am having better returns (both yield and gain) on Sasseur Reit (22% excluding divs), lendlease (20% excluding divs), Sasseur Reit (22% excluding divs), lendlease (20% excluding divs), starhill (16% excluding divs), (16% excluding divs),

yes! Sasseur Reit - v gd in both but nt starhill

however anything aft the meltdown due to pandemic 2020 is ez to see gain

 

[TehSi99]

Most red today. Maybe good time to average down if still red tomorrow.

 

[demongod]

anybody adding any reits recently?

 

[Nofear40]

anybody adding any reits recently?

Thinking of Keppel DC REITs... but still struggling

 

[endlssorrow]

anybody adding any reits recently?

Keppel dc FCT mapleTree

 

[demoforce1]

Thinking of Keppel DC REITs... but still struggling

why struggling?

 

[demoforce1]

Keppel dc FCT mapleTree

which mapleTree?