General S-REITs Discussion Thread
- Thread starter Dividends Warrior
- Start date
U shld see it as a change to buy the dip as interest rate is high and firmly believe the price will go back when interest goes down.
Reits are not growth stock
List down your REITS. Then those who know more about that particular REIT can give better perspective about the future.
Bagholding is not a good idea. While you are waiting for the price to rise, there are many other stocks that would have risen much faster within that same time.
Every buy transaction should be evaluated independently. Do you want to be like Master Leong & his Alibaba?
By the way, I baghold uranium stocks post-Fukushima for 7 years. So it sucks.
My reits with data centers all doing okay. Slightly red only. I guess u have digital core reit
I holding KORE, is down by -30%+. Not losing sleep cos it takes up 5% of my portfolio. Just collect dividends and average down more cos KORE is well run but ala it happen to be in the wrong place and wrong time.
Yes, I have both.
As much as I used to say REIT is buy and leave it auto mode and just collect dividends, it is not 100% correct. Some REIT can perform very badly along the way such that it no longer dispense dividends or worst delisted below ipo price hence realized loss. Experience I learnt since I start to buy REIT when they start to popup in SGX back in 2000 onwards. You only hope those that grow outweigh the losses from those non-performing.
The time to cut loss was 6 months ago.. Right now, if it is less than 5% of your portfolio, might as well sit on it. My lesson is that don't invest US reit listed in SGX , they are as toxic as China S-chip.. If they are of any good , they would have listed in their home market.
I hold ireit and keppel oak , I bought them at their current prices though, thought they are good value plays, personally I used a formula and calculate intrinsic value, keppel oak is higher than 0.36 for sure, I think it should be worth 0.5? Can't remember what price I calculated
Edit: 0.5126 usd yea
My suggestion is to look at the blue chips reits (if you are into reits). Some names may look good at the time of purchase or on paper but doesn't stand the test of time and market turmoil.
Reits are more for long term investing and so choosing good reits with proven record is important. Although history doesnt guarantee the future but at least there is a benchmark to base on.
I have blue chip ones.. these are the loss making
Blue chip usually pay dividends. Did you factor all of them in where deriving you make a loss? If yes then can I know you buy this blue chip for how long liao? 5 years? 10 years? 15 years? etc etc
The blue chip ones are ok. it is those that I listed above.
Oppa380
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Ireit shld be ok bah for long term
Just that their Euro revenue is too high
Errr also need to put the disclaimer that blue chip can become potato chip and crumble. Then your face will really turn blue siah. Noble is best eg.
Just stick to local bank stocks should be fine
Thanks for sharing. What I have learnt about investment or etc never all in into any investment instrument. Yes over diversification lead to overall lower gains but to me that is ok. All in suffer from the problem of make it big or suffer big.
Interesting point:
Capitaland Ascendas REIT buys Seagate Shugart at 5.1% discount to independent market valuation.
Valuation: 230m. Purchase price: 218.24m
Valuation should already reflect the 20 years land tenure (leasehold property).
Does that mean the 5.1% discount to NAV should be the minimum discount applied to NAV for REITS to get a fair value? I think so.
Interesting point of inquiry: how was that discount figure determined?
Capitaland Ascendas REIT buys Seagate Shugart at 5.1% discount to independent market valuation.
Valuation: 230m. Purchase price: 218.24m
Valuation should already reflect the 20 years land tenure (leasehold property).
Does that mean the 5.1% discount to NAV should be the minimum discount applied to NAV for REITS to get a fair value? I think so.
Interesting point of inquiry: how was that discount figure determined?
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