General S-REITs Discussion Thread

[urameshi_85]

If the yield is good, whether at premium or discount to nav doesnt matter that much?

Similarly, if there is good discount to nav, if the yield sux, you wont buy it just because there is discount to nav?

hmm in my opinion, if u buy at a too high premium, you might take longer to realise capital gains.

 

[thegodfather]

First REITs is one of my core holdings and I found it is almost impossible to buy at nav

happened to me on Plife.

hmm.. have you considering the currency rate losses that could cause unstable DPU? I am just asking because it is also one of my concern but to be honest even at its current price it is still attractive for a nimble. what say you?

 

[urameshi_85]

happened to me on Plife.

hmm.. have you considering the currency rate losses that could cause unstable DPU? I am just asking because it is also one of my concern but to be honest even at its current price it is still attractive for a nimble. what say you?

If I am not wrong I remembered the indon properties pay rent in sgd, this REITs has rental in sgd, usd and Korean won. But not sure anything changed.

 

[thegodfather]

If I am not wrong I remembered the indon properties pay rent in sgd, this REITs has rental in sgd, usd and Korean won. But not sure anything changed.

wow i didnt know that i guess i didnt do my homework well.. thanks for sharing. hmm... yield is at like 7% now right ? still rather decent.

not being nosey but i am keen to understand if half of your portfolio is first reit? for me Plife is 16%of my portfolio and the largest by amount for my reits holdings

 

[urameshi_85]

wow i didnt know that i guess i didnt do my homework well.. thanks for sharing. hmm... yield is at like 7% now right ? still rather decent.

not being nosey but i am keen to understand if half of your portfolio is first reit? for me Plife is 16%of my portfolio and the largest by amount for my reits holdings

No la less than 10%
I own Keppel data centre as well.

 

[urameshi_85]

Base rent of leases for Indonesia properties are pegged to Singapore Dollar so rental income is relatively unaffected by Rupiah fluctuations

Think there is another component which is in rupiah

http://www.first-reit.com/about-glance.html

 

[thegodfather]

No la less than 10%
I own Keppel data centre as well.

Base rent of leases for Indonesia properties are pegged to Singapore Dollar so rental income is relatively unaffected by Rupiah fluctuations

Think there is another component which is in rupiah

http://www.first-reit.com/about-glance.html

THanks!! Keppel DC. nice!! thanks for sharing! you considered Plife?

 

[urameshi_85]

THanks!! Keppel DC. nice!! thanks for sharing! you considered Plife?

Yup but no time to do a proper analysis yet.

 

[JW2015]

happened to me on Plife.

hmm.. have you considering the currency rate losses that could cause unstable DPU? I am just asking because it is also one of my concern but to be honest even at its current price it is still attractive for a nimble. what say you?

First reit got 1 danger is - if you buy too much above NAV.
when Lippo turn crazy... delist the FR, they will pay at NAV - then we all kana...

 

[Darkzi0n]

If I start selling daily data like rent of office/industry/retail space got ppl will buy anot arh?

 

[thegodfather]

Came across this article. I have been thinking about it too before I came into the stock market if there is really an oversupply and when will it burst.

https://sg.yahoo.com/finance/news/too-many-malls-singapore-003058709--sector.html

 

[jmapsmylife]

wad you all think about keppel reits? can buy?

 

[Average]

wad you all think about keppel reits? can buy?

I bought in jan below 90cents.

Edit: wow, 5.4% on paper liao. But as usual, i only buy small small.

Sent from your gal nex door using GAGT

 

[jmapsmylife]

Depends on what price and yield u want...

looking at the price now looks ok. anyone can explain how will keppel corp affect keppel reits?

 

[jmapsmylife]

I bought in jan below 90cents.

Edit: wow, 5.4% on paper liao. But as usual, i only buy small small.

Sent from your gal nex door using GAGT

yea i also intend to buy small small like 300 share whahaha.

 

[urameshi_85]

wad you all think about keppel reits? can buy?

High concentration of tenants In financial industry - not good

Gearing more than 35%- not good

Take a look at the previous prudential tower purchase and you should have a rough idea can buy or not

 

[Bedokian]

Came across this article. I have been thinking about it too before I came into the stock market if there is really an oversupply and when will it burst.

https://sg.yahoo.com/finance/news/too-many-malls-singapore-003058709--sector.html

That being said, choosing a retail REIT whose properties are strategically placed is still the best move. Properties are still being dictated by the adage "location, location, location".

 

[jmapsmylife]

High concentration of tenants In financial industry - not good

Gearing more than 35%- not good

Take a look at the previous prudential tower purchase and you should have a rough idea can buy or not

Wa id more than 35% gearing mean no good like that most of the reits cannot buy liao.

 

[odie2108]

Wa id more than 35% gearing mean no good like that most of the reits cannot buy liao.

mas reduce gearing limit for reits to 45%
so not good

 

[urameshi_85]

Wa id more than 35% gearing mean no good like that most of the reits cannot buy liao.

More than 35% means higher chance the next time they going to acquire buildings they need to do rights issue. So in the market got a lot of reits. No need to keep aim those with high gearing. Just my thoughts.