General S-REITs Discussion Thread

[dappermen]

Those bad performance will either cut loss, or average down and cut loss/ breakeven.

CAN Pls sh which r the 1s u cut away?

 

[Andrew833]

CAN Pls sh which r the 1s u cut away?

No REITs

 

[dappermen]

Quite stoopid retailers!!! Institutional selling desparately yet retail investors assumed it is cheap buy (i often hear many speaking hot sale ah great sg sales hence all snatching)
See
Cict
And eeeewwww keppel Dc, yangzijiang SiA



Ara logos and cromwell are good ones but… hardly heard retailers talking about , not sure why


wil nt be tempted : & yangzijiang show its colours

 

[frigatex]

Quite stoopid retailers!!! Institutional selling desparately yet retail investors assumed it is cheap buy (i often hear many speaking hot sale ah great sg sales hence all snatching)
See
Cict
And eeeewwww keppel Dc, yangzijiang SiA



Ara logos and cromwell are good ones but… hardly heard retailers talking about , not sure why

Why assume that institutions must be correct? Retail trade, based on the data, makes up rather significant volume.

Anyway this data always lag by one week, and seems like the general trend by institution is to sell those hinging on reopening plays.

So if follow them must buy singtel?

 

[Andrew833]

Quite stoopid retailers!!! Institutional selling desparately yet retail investors assumed it is cheap buy (i often hear many speaking hot sale ah great sg sales hence all snatching)
See
Cict
And eeeewwww keppel Dc, yangzijiang SiA



Ara logos and cromwell are good ones but… hardly heard retailers talking about , not sure why

Before this is out, you know what BB buying and dumping? Pls don't say people stupid and you are also a retail investor.
(i often hear many speaking hot sale ah great sg sales hence all snatching) Cos you know understand the logic don't mean they are wrong.

 

[TehSi99]

FCT recovered abit today. Hope can continue to do so.

 

[dappermen]

institutions must be correct?

they may b wrong , we r Naive to pl our $ w Institutions too Lol!!!!
4 me i hardly buy those tt retails r excited over here too.....

my biggest regret is Mapletree MLT , luckily i didnt get other Maple i thk MUch worst

i felt Extremely Lousy 4 this Reit - but any Retailers disagree w me : https://www.sgx.com/securities/equities/AJBU
this wont help @ ALL , acquires New 3rd DC in Netherland
https://links.sgx.com/1.0.0/corpora...238f9d33a4aa54542a80a0170f8531adec1107467e55c

 

[Andrew833]

they may b wrong , we r Naive to pl our $ w Institutions too Lol!!!!
4 me i hardly buy those tt retails r excited over here too.....

my biggest regret is Mapletree MLT , luckily i didnt get other Maple i thk MUch worst

i felt Extremely Lousy 4 this Reit - but any Retailers disagree w me : https://www.sgx.com/securities/equities/AJBU
this wont help @ ALL , acquires New 3rd DC in Netherland
https://links.sgx.com/1.0.0/corpora...238f9d33a4aa54542a80a0170f8531adec1107467e55c

"i felt Extremely Lousy 4 this Reit - but any Retailers disagree w me : https://www.sgx.com/securities/equities/AJBU
this wont help @ ALL , acquires New 3rd DC in Netherland
https://links.sgx.com/1.0.0/corpora...238f9d33a4aa54542a80a0170f8531adec1107467e55c"

I don't think it's lousy.
It's a good REITs before the CEO transfer to Keppel Group.
New CEO is just a puppet of Keppel Group and the Group interfere too much, not healthy.

Mapletree is a better sponsor.

 

[Shion]

S-REITs’ defensive posture to weather fluctuation in interest rates: UOB Kay Hian​

https://www.theedgesingapore.com/ca...ather-fluctuation-interest-rates-uob-kay-hian
On Sept 22, the US Federal Reserve signalled that it could start tapering bond purchases in November, while interest rate hikes could potentially happen next year.

Pursuant to the Fed's announcement, UOB Kay Hian analyst Jonathan Koh has reiterated his "overweight" rating for the Singapore REITs (S-REITs) in a Sept 24 research note.

In view of the hikes, Koh believes that S-REITs with high interest coverage ratios and long average maturity of debts will be better able to cope with higher interest rates.

He estimates that every 0.1 percentage point increase in costs of debts will reduce S-REITs' distribution per unit (DPU) by 0.6%-1.9%.

“Suntec REIT’s 2022 DPU is expected to drop by 1.9% due to low interest coverage ratio of 2.8 times. Far East Hospitality Trust’s 2022 DPU is expected to drop 1.7% as the hospitality industry would only benefit from a full-fledged recovery later in 2023,” he comments.

Koh highlights that during the last interest rate upcycle from 2016 to 2018, most S-REITs were able to keep their cost of debts relatively stable. “There are various factors that determine the magnitude of impact from fluctuations in costs of debts, including interest coverage ratio, existing interest rate for loan to be refinanced and the level of fixed interest rates locked in through hedges,” he says.

Since then, Koh also views that S-REITs have become more resilient. “S-REITs have scaled up due to industry consolidation and acquisitions locally and overseas. Their increased scale and diversification, geographically and by asset classes, improve their standing with bankers,” he explains.

To that end, he believes S-REITs are able to garner support and obtain competitive interest rates from banks for their refinancing. He also notes that S-REITs are disciplined in capital management, with aggregate leverage “well within” the cap of 50% imposed by the Monetary Authority of Singapore.

Singapore’s transition from pandemic to endemic should also be a supporting factor for the sector. “82% of Singapore’s population has completed their full regimen and received two doses of Covid-19 vaccines, which paves the way for the easing of safe distancing measures, normalisation of economic activities and an eventual pick-up in GDP growth,” he says.

Given these factors, he has kept his “overweight” rating for the sector and recommends a balanced mix of new economy and reopening plays. His picks for new economy plays are Ascendas REIT, Frasers Logistics & Commercial Trust, Mapletree Industrial Trust and ARA LOGOS Logistics Trust, while his picks for reopening plays are Ascott Residence Trust, Frasers Centrepoint Trust and Lendlease Global Commercial REIT.

 

[TehSi99]

Prepare to dump those Reits that could be affected more by interest hike.

 

[dappermen]

Prepare to dump those Reits that could be affected more by interest hike.

which ones?

 

[Andrew833]

Prepare to dump those Reits that could be affected more by interest hike.

Why you keep stressing yourself on all those news and increase your fear?
Have a break, stop reading news, forum etc. come back in mid OCT.

 

[apriliasiao]

Prepare to dump those Reits that could be affected more by interest hike.

lol

 

[heng_ah]

Prepare to dump those Reits that could be affected more by interest hike.

Which REITS that's not affected by interest hike?

 

[terence2112]

Buy good REITs and forget about the noise along the way. Revisit your returns 7 to 10 yrs later. You will be surprised.

 

[dappermen]

Buy good REITs and forget about the noise along the way. Revisit your returns 7 to 10 yrs later. You will be surprised.

all claimed that they r good, is there one who said they r no gd?
capLan China sucks big time

 

[terence2112]

all claimed that they r good, is there one who said they r no gd?
capLan China sucks big time

Get the branded REITs like Mapletree, Capitaland or Frasers

 

[singqian]

Get the branded REITs like Mapletree, Capitaland or Frasers

Keppel? Manulife

 

[demoforce1]

Get the branded REITs like Mapletree, Capitaland or Frasers

Frasers Hospitality is not moving and tends to down recently

 

[dappermen]

yes demoForce! which is why i dont believe Branded Mapletree or CapLan r All gd!!

Get the branded REITs like Mapletree, Capitaland or Frasers