General S-REITs Discussion Thread

[SBC]

CCT should be taking a rest.

 

[SBC]

CCT will swing to $1.43 level again today.

 

[Tooi Kono Machi De]

I will check gearing < 35%
Wadm is more than 3 yrs
Do not have a lot of tenant which are in same industry
Yield >6%
Prefer to get vested in healthcare n retail REITs

Noticed that logistic related REITs have high gearing ~39%..Is that the normal for those REITs in this industry?

 

[SBC]

35% to 45% is the normal range.

 

[MrSinkie95]

CCT pre market in TOP volume list liao

 

[SBC]

CCT otw to 1.43 range again!

 

[cubana]

guys what are your opinion on the future of REIT of singapore?

will track SG garmen bonds, which will expand in future IMO, in other words reit yields will increase.

 

[Layers]

during dividend payout, can choose DRP or cash. how to check the default? so no need to call SCB if it is cash

 

[Average]

during dividend payout, can choose DRP or cash. how to check the default? so no need to call SCB if it is cash

I recently got letter from scb, regarding GSK script div. My default is cash, so i ignored. The letter got write. So i guess scb should send u letter if this is ur first time opting for that counter?

 

[urameshi_85]

Noticed that logistic related REITs have high gearing ~39%..Is that the normal for those REITs in this industry?

Not really normal I feel i rem cache used to be less then 35% duno got rem wrong anot. But industrial I not so confident to analyse seems like their lease hold is 30 yr (+30yr). Mainly vested in healthcare and retail. Data centre duno can consider is industrial anot.

 

[urameshi_85]

I also notice many industrial buildings are on 30-40 years lease.

Aynone knows at the end of the lease, the whole building and land has to be returned = worth nothing?

Ya finally got someone to discuss together. Any experts can enlightnen us?

 

[Bedokian]

I also notice many industrial buildings are on 30-40 years lease.

Anyone knows at the end of the lease, the whole building and land has to be returned = worth nothing?

Technically speaking, yes.

A lease is like a rent, more of a long term one. Once it is over, it will be returned to the owner, i.e. our government through the SLA.

Good thing is, sometimes the lease could be extended.

 

[odie2108]

I recently got letter from scb, regarding GSK script div. My default is cash, so i ignored. The letter got write. So i guess scb should send u letter if this is ur first time opting for that counter?

not sure why they sent the letter
the div is gbx43
anyone holding below 30 shares cannot even get 1 scrip
LOL

 

[Layers]

I recently got letter from scb, regarding GSK script div. My default is cash, so i ignored. The letter got write. So i guess scb should send u letter if this is ur first time opting for that counter?

yep

i receive the sms to call them so i did. after that i nv read the letter lol

ok next time i wait for the letter

 

[JW2015]

Not really normal I feel i rem cache used to be less then 35% duno got rem wrong anot. But industrial I not so confident to analyse seems like their lease hold is 30 yr (+30yr). Mainly vested in healthcare and retail. Data centre duno can consider is industrial anot.

debt ratio is not the only factor to view
debt percentage between fixed rate and variable rate is also important.. big reit like CMT already hedge those into fixed rate, means at least for next 3 year is fixed
some like the mapletree family and also lippo also smart, refinance fast fast to 2019, 2020 - so will not kana fire this year or next year
reits in japan like parklife, croesus,.. have low low interest - reading history japan in deflationary for 20++ years. if not why croesus a singapore organization go japan ..
additionally overseas reits, incl those local with aussie properties etcs... have most freehold

another thing to look is the payout ratio.. alot of high yield reits is having 120 - 130% payout - high risk of dropping dpu

payout ratio means - the dividend / net earning = if you pay more dividend then you earning - how long to substain?? eating capital loh

 

[Average]

not sure why they sent the letter
the div is gbx43
anyone holding below 30 shares cannot even get 1 scrip
LOL

Hopefully got kum gong select script, so they can jiak?

 

[Average]

yep

i receive the sms to call them so i did. after that i nv read the letter lol

ok next time i wait for the letter

Eh? I nv receive sms leh...

 

[Layers]

Eh? I nv receive sms leh...

Scb sms me leh. I post at scb thread

Sent from Sony E6853 using GAGT

 

[Average]

Scb sms me leh. I post at scb thread

Sent from Sony E6853 using GAGT

I received sms today regarding same matter as in the previous letter.

 

[Layers]

Actually now reits still cheap
If i got spare cash sure hoot reits now

hooting just dun dare all in slowly jiak