General S-REITs Discussion Thread

[Autoluna]

I kinda decided on the opposite of your strategy. I just started to enter in Reit+ given the drop this year. I prefer a diversified ETF/fund instead of stock pick individual reits, which need to deal with rights issue, counter specific issues and individual REIT manager issues. And I get exposure across the different REIT segments, e.g. commercial, retail, logistics, hospitality, industrial.

Reit+ is suitable for my purpose as I intend to slowly invest up to the amount for the lower fees if prices drop further. Also they reinvest the dividends automatically which I prefer at this stage of life. So it is more or less same as ownself buying the REIT ETFs, just more fuss free. Just sharing my consideration.

REIT+ platform quite fast when funds is transfer in.
example if this morin the market is re, u transfer in morin. Later part of afternoon, they can buy in liao. This is very good

 

[ekardo]

B

REIT+ platform quite fast when funds is transfer in.
example if this morin the market is re, u transfer in morin. Later part of afternoon, they can buy in liao. This is very good

But their performance sucks. Still in the red for a very long time.

 

[sohguanh]

That y buy sell buy sell can liao

Buy sell buy sell should be for more price fluctuation stock like the local 3 banks stocks etc. Using the same strategy for REIT stocks hmmm.... unless nowadays SGX REIT stocks price also fluctuate up and down a lot ?

 

[luckyplate]

what's wrong with the right issue?

Right issue is usually happens when rates are high ... And money is expensive . Shareholders suffer because of share diluted

 

[elvintay07]

My colleague taught me something. Reit is like a money making machine. Let’s assume you spend $1000 buying a reit and assume reit give you dividend of say 5% ($50). You continue for 20 years and your reit is almost free. By then you can shake leg and collect dividend for the next 50 years or longer. That is excluding capital gains (don’t count it). This type of baojiak business, were to find. Reit is about land, buildings. This kind machiam ppl do for the last few hundred years. Even ah beng ah seng property agent also can do. With things so simple, can easily last 100-200 years unless Singapore extinct. It is not like tech la. You need those first class honor or summa cum laude ppl to manage.

 

[direbmem]

Real estate is where you can find the dumbest rich pple. some pple say.

 

[iduncheckmail]

My colleague taught me something. Reit is like a money making machine. Let’s assume you spend $1000 buying a reit and assume reit give you dividend of say 5% ($50). You continue for 20 years and your reit is almost free. By then you can shake leg and collect dividend for the next 50 years or longer. That is excluding capital gains (don’t count it). This type of baojiak business, were to find. Reit is about land, buildings. This kind machiam ppl do for the last few hundred years. Even ah beng ah seng property agent also can do. With things so simple, can easily last 100-200 years unless Singapore extinct. It is not like tech la. You need those first class honor or summa cum laude ppl to manage.

you need to read up more. your knowledge too basic.
things arent so simple.

there are some opinions that if the reit keep paying you high div from rental then, whats there left to acquire new property? If the reit keeps borrowing from banks to finance acquistions , then there is debt risk.
Else, they will keep issuing rights to shore up cash to acquire . Then isnt that just diluting your holdings ?
And if they don't acuqire, don't asset enhancement, then aren't you better off buying a bond?

its not like you say so simple.

 

[DevilPlate]

you need to read up more. your knowledge too basic.
things arent so simple.

there are some opinions that if the reit keep paying you high div from rental then, whats there left to acquire new property? If the reit keeps borrowing from banks to finance acquistions , then there is debt risk.
Else, they will keep issuing rights to shore up cash to acquire . Then isnt that just diluting your holdings ?
And if they don't acuqire, don't asset enhancement, then aren't you better off buying a bond?

its not like you say so simple.

I sort of agree with u thats why i prefer to buy FH property myself and manage tenants for 30years and i have a fully paid cashcow. there is no free lunch….u slowly reap what u sow.

For those who think they are genius and keep flipping properties unknowingly their debt is actually getting bigger each time they sell and buy another one and they are getting older.

Reits goto be careful…..no bojiak……too sensitive to IR liao.

 

[elvintay07]

you need to read up more. your knowledge too basic.
things arent so simple.

there are some opinions that if the reit keep paying you high div from rental then, whats there left to acquire new property? If the reit keeps borrowing from banks to finance acquistions , then there is debt risk.
Else, they will keep issuing rights to shore up cash to acquire . Then isnt that just diluting your holdings ?
And if they don't acuqire, don't asset enhancement, then aren't you better off buying a bond?

its not like you say so simple.

Not I say la. I just sharing a theory shared by my colleague. So far my relative all invest and all ok one. The truck here is your rental must > the distribution. Got some reit got low cost of debt yet high distribution. Personally I find reit safer than any blue chips (excluding 3 banks). ! You see those like Keppel, I think left with bones. Some like semb marine don’t know go where. Hyflux also got nothing left. I agree not so simple but I feel reit not so complicated one unless you say interest stay at 5% for next 100 years. Then maybe we go to our grandfather days. All put in bank and huat

 

[DevilPlate]

Real estate is where you can find the dumbest rich pple. some pple say.

Yap, im not rich but yes im one of the dumbass too….go pick STI (Sibei Terrible Index) instead of all in QQQ in 08 whahahahhahahaa

 

[Mephist0pheLes]

My colleague taught me something. Reit is like a money making machine. Let’s assume you spend $1000 buying a reit and assume reit give you dividend of say 5% ($50). You continue for 20 years and your reit is almost free. By then you can shake leg and collect dividend for the next 50 years or longer. That is excluding capital gains (don’t count it). This type of baojiak business, were to find. Reit is about land, buildings. This kind machiam ppl do for the last few hundred years. Even ah beng ah seng property agent also can do. With things so simple, can easily last 100-200 years unless Singapore extinct. It is not like tech la. You need those first class honor or summa cum laude ppl to manage.

This "free" investment after holding X years seems quite common here but its a very wrong concept.

U sldnt evaluate ur return based on past cost, but on the current alternatives based on current price

 

[sohguanh]

My colleague taught me something. Reit is like a money making machine. Let’s assume you spend $1000 buying a reit and assume reit give you dividend of say 5% ($50). You continue for 20 years and your reit is almost free. By then you can shake leg and collect dividend for the next 50 years or longer. That is excluding capital gains (don’t count it). This type of baojiak business, were to find. Reit is about land, buildings. This kind machiam ppl do for the last few hundred years. Even ah beng ah seng property agent also can do. With things so simple, can easily last 100-200 years unless Singapore extinct. It is not like tech la. You need those first class honor or summa cum laude ppl to manage.

How come your colleague think like me sia? But speaking from experience since I into REIT back in the 2000s when they start to popup in SGX and still hold them till now 20+ years later, that thinking need some amendment.

Reason being REIT is just like any other stock in SGX. They can get makan or delisted like any other. I have my fair share of those happening to me. Some REIT has gone way below ipo price after 20+ years. These still got a slim hope to recoup based on dividends paid over the years.

So now my thinking of REIT is it is same as any other stocks just with a mandate to pay out dividends. As long as your overall REIT portfolio your performing REIT outnumbered your delisted, not performing REIT you earn liao.

 

[Euqorab]

My colleague taught me something. Reit is like a money making machine. Let’s assume you spend $1000 buying a reit and assume reit give you dividend of say 5% ($50). You continue for 20 years and your reit is almost free. By then you can shake leg and collect dividend for the next 50 years or longer. That is excluding capital gains (don’t count it). This type of baojiak business, were to find. Reit is about land, buildings. This kind machiam ppl do for the last few hundred years. Even ah beng ah seng property agent also can do. With things so simple, can easily last 100-200 years unless Singapore extinct. It is not like tech la. You need those first class honor or summa cum laude ppl to manage.

Tell this to the D5IU investors

 

[sohguanh]

Tell this to the D5IU investors

Indon REIT correct? I also have leh lose monies but not delisted yet so still got chance recoup haha. Delisted is really monies all gone no chance at all.

 

[demoforce1]

Indon REIT correct? I also have leh lose monies but not delisted yet so still got chance recoup haha. Delisted is really monies all gone no chance at all.

never ever buy Indon reit, period

 

[sohguanh]

never ever buy Indon reit, period

The problem is when ipo how you know the future they are like that? If can know in advance then I no need work until age 55 just play stocks earn a living isn't it? It is always when it happened then you question why earlier so stupid. This REIT still ok as it is still listed. I haven't even mention the delisted REIT stock that offered below ipo price!

So just treat REIT stock like any other stock in SGX. Only diff is they are mandated to give dividends. The rest just follow stocks up down rights issue delisted etc.

 

[elvintay07]

In my opinion, reit is a different instrument that is tied to a hard asset. I think what my colleague say make sense but many ppl associated with anyhow buy any reit. I am not surprised how Lippo reits die or delisted. This is like asking someone to buy a house in Batam instead of Singapore. But what many ppl here say make a lot of sense also. If that is the case, then I think SG only can put inside banks. Really nothing can invest if even those Capitaland, Mapletree, Ascendes reit at cmi

 

[sohguanh]

In my opinion, reit is a different instrument that is tied to a hard asset. I think what my colleague say make sense but many ppl associated with anyhow buy any reit. I am not surprised how Lippo reits die or delisted. This is like asking someone to buy a house in Batam instead of Singapore. But what many ppl here say make a lot of sense also. If that is the case, then I think SG only can put inside banks. Really nothing can invest if even those Capitaland, Mapletree, Ascendes reit at cmi

Not only the 3 local banks, add SIA also becuz it is proven it will be rescued by some higher entity when they lose monies.

As to anyhow buy this applies to SGX stock too which is why I say REIT is just like any other stock in SGX. Only diff is they are mandated to give dividends.

 

[DevilPlate]

just DCA VWRA or the likes and call it a day whahahaha (not financial advice)

 

[elvintay07]

Not only the 3 local banks, add SIA also becuz it is proven it will be rescued by some higher entity when they lose monies.

As to anyhow buy this applies to SGX stock too which is why I say REIT is just like any other stock in SGX. Only diff is they are mandated to give dividends.

SIA included? From $20 now is how much? Rescue doesn’t mean ur investment is intact also