From recent all time high, it's dropped ~20%, hoot ah!Looking forward to the DPU boost from PLife this year.
Information generated by Google Gemini:
The dividend like 3%. More cui than DC Reit.
Keppel DC is like 4.3%. I think still ok. Actually I also have some parkway reits. Hospital reits very safe but at < 4% yield, risk very high considering risk free rate is like .1.6%. But if risk free rate is 0.5%, then 3.6% makes a lot of sense.
0.5 risk free vs 3.6% risk, definitely your logic is very sound. Hospital reit very safe i also fully agree. But this is only one dimensional. But pay 60% premium for safety is exorbitant, and they are not even temasek or gic backed. Are there betterer deals? Ascendas and CICT even safer, solid backing and their premium is only 24% and 15%, yet their yield is better. Dbs also way way overpriced, but you see their dividend won't lose to people. So if u compare all these, then your 3.6% where got attractive? I suspect it could be because parkway is the only one in singapore, so buyers who want healthcare all buy this one causing the price (denominator) to overshoot, and then causing they yield% to suffer. If they have some competitors then probably the valuation and yield might not be so bad.
This one you need to ask Dividend Warrior liao. For me, I bought it when the price is quite suppress. Also I anticipate future DPU to increase which means yield can theoretically be > 4.5% for me. But yes, you are spot on. This kind if accidentally make mistake then game over. Haha! Today mostly reit is not cheap liao. But some reit for example FCT, the price is quite suppress like Covid which I hoot more lately. Because I feel even with RTS, the crowd cannot be like Covid (lockdown) period. Also I doubt everyone will cheong to JB la. 1 massive stabbing or robbery case will freak everyone out. Haha
parkway is like the anchor to any reit investor portfolio. It’s not meant to bring in high returns but the trick is not to buy it when it is overpriced. Many opportunities to pick it up at attractive valuation in 2024 when price came down
if i am not wrong, the not-delayed info is for people who sign up for his one day seminar $800+. Now he is recommending Aims.
Weaker performing reits are also the ones that people in the forum are blasting left right center lol
But may go under water more
i waiting for capitaland tiong kok to clear up their mess. Now still very messy. In fact worsening.
we can patiently wait for turnaround to enter. It cannot be bad forever, at some point in the future, the mess has to be cleared up. China economy will not be bad forever, cannot underestimate china people. Capitaland was indirectly by auntie ho and uncle lee, same same mapletree, it should not collapse.
