General S-REITs Discussion Thread

[Nipponho]

are the heong kong covered calls etf better than US? Didn't know HK also have. Problem is all stock markets everywhere are red hot now, if we enter now, and later burst, the NAV will also go down together with the underlying. Risk reward is not favourable now. Retis is the only ones that has not run yet. I am now examining US covered calls etf, but scared burst because nasdaq has run up so much these few years.

 

[limster]

if we enter now, and later burst

if you don't enter now, and price go up, then you might be like one of those who FOMO and become permabears, everyday wishing that the stock market will crash.

at the end of the day, you have to decide on your plan and investment strategy. If your investment strategy is to wait for a crash, be prepared to accept the possible upsides and downsides.

 

[elvintay07]

I believe the current China Mobile price is good entry level despite the VAT . 6823,hk HK Telecom provides 6.7% with no WHT. As for ETF, Only 3437.hk still give 6.5% yield ..all hkse dividend etf are below 6% as they have run up quite a lot in the last 2 years. I would likely start with covered call etf like 3416 and 3417 which give monthly dividend.

What is covered call etf?

 

[elvintay07]

if you don't enter now, and price go up, then you might be like one of those who FOMO and become permabears, everyday wishing that the stock market will crash.

at the end of the day, you have to decide on your plan and investment strategy. If your investment strategy is to wait for a crash, be prepared to accept the possible upsides and downsides.

Actually I feel time in market is always better than timing the market. If like us already got position in the market, it is not like urgent to enter. But at some stage you have to enter. Lately I went in to buy Netflix, Amazon, Microsoft and Silver Miner in US. In the worst case if bubble pops, then Netflix could potentially be around $50, Amazon $100, Microsoft $220 etc…But by then everyone will be too scare to buy. Now I am actively collecting MIT and some unloved REITs like FCT. MIT once AI boom and interest goes down, then DPU should improve. Actually how much more can reit drop? We can reference to the point where Covid hits and interest is peak. At most drop another 20%?

HK and China has went up quite a bit but still not ridiculously high. For example 3067hk, the valuation is still quite reasonable. Other dividend play as long as can get 5-7% is ok. XJP pattern already see before so I doubt it can be worst. Unless China wants to be like North Korea and Russia, they have to eventually come out to do business.

Many institutions investors are keen to invest in SG but once earnings comes down, then the investors have to go somewhere else to look for better gains. So far SG still in euphoria stage.