General S-REITs Discussion Thread

[ctan84]

How about Daiwa house logistics trust ?

Yen has strengthened and the yield is a mouth watering ~ 8%

No China exposure as well.

The yen didn't strengthen that much from the recent bottom lah, still in the 110-112+ range. Last yr this time it was 106 nia loh.

 

[philips107]

The yen didn't strengthen that much from the recent bottom lah, still in the 110-112+ range. Last yr this time it was 106 nia loh.

from nearly 120 to 111 in the short time frame of about 1.5 mths is relatively significant, if u compare to your example of 106 to 111 in 1 year.

 

[DevilPlate]

from nearly 120 to 111 in the short time frame of about 1.5 mths is relatively significant, if u compare to your example of 106 to 111 in 1 year.

Long term trend Yen is down against our SGD like Ringgit IMO.

 

[ctan84]

from nearly 120 to 111 in the short time frame of about 1.5 mths is relatively significant, if u compare to your example of 106 to 111 in 1 year.

Except that probably only will help your japan reit for this month. But if the yen long term's trend is still weakening, then its not beneficial to the reit mah.

 

[TehSi99]

Now confirm + chop + sumpah that rate cut is here. No more second guess what uncle Powell is thinking.
Will reits have one more round of rally next week? Or already price in?

 

[stanlawj]

I think CICT is pretty good.

This is not very obvious, because CICT has a large exposure to office market (about 40%). Hence I was expecting this to drag it down for some time. Obviously now the price action shows this is not a concern (+23% for $1.70 $2.09).

 

[limster]

one advantage of analysing S-Reits is that they are local and I have friends /former classmates working in the sector and they share what is happening in the sector. I am beginning to understand the 'capitaland premium' better.

 

[stanlawj]

one advantage of analysing S-Reits is that they are local and I have friends /former classmates working in the sector and they share what is happening in the sector. I am beginning to understand the 'capitaland premium' better.

Pls elaborate on the "Capitaland Premium"? Was a GLC? Temasek shareholder?

 

[philips107]

one advantage of analysing S-Reits is that they are local and I have friends /former classmates working in the sector and they share what is happening in the sector. I am beginning to understand the 'capitaland premium' better.

Any similar premium for Mapletree?

 

[d5dude]

This is not very obvious, because CICT has a large exposure to office market (about 40%). Hence I was expecting this to drag it down for some time. Obviously now the price action shows this is not a concern (+23% for $1.70 $2.09).

They own mostly grade A office space located in the cbd, the demand has been pretty strong due to various reasons e.g family offices relocating to SG.

 

[TehSi99]

CICT is good if bought below $2 some time ago. Dont think it will drop back below $2.

 

[Dividends Warrior]

2 consecutive weeks of rally for REITs

 

[highsulphur]

Only bought Cfa and it went down 5% after I bought but has recovered to +5% since. Now the question is whether to chase the price up

 

[Slowdown]

Only bought Cfa and it went down 5% after I bought but has recovered to +5% since. Now the question is whether to chase the price up

I started a RSP in Jan 2024 with CFA at 0.841 and it went down until 0.738 in July. Only this month it started to turn north. My rsp avg is currently 0.7829. Can say I started too early.

I also owned CFA (lump sum) that I acquired in previous years with avg price 1.12. Hence, I thought it was a good start point in Jan 2024 (can't catch the bottom). Overall I am still in the red (paper loss) about 11% for CFA.

I will continue to RSP with no fixed time horizon in mind.

 

[TehSi99]

Was pondering if still to buy CFA last Friday although it crossed 0.80. Looks like I missed the boat.

 

[weng0202]

CICT is good if bought below $2 some time ago. Dont think it will drop back below $2.

That's what I observed as well. Even during "normal times", the price always go back above $2 after a correction. One of the better reits to buy. Another is Fraser centrepoint trust.

 

[weng0202]

I started a RSP in Jan 2024 with CFA at 0.841 and it went down until 0.738 in July. Only this month it started to turn north. My rsp avg is currently 0.7829. Can say I started too early.

I also owned CFA (lump sum) that I acquired in previous years with avg price 1.12. Hence, I thought it was a good start point in Jan 2024 (can't catch the bottom). Overall I am still in the red (paper loss) about 11% for CFA.

I will continue to RSP with no fixed time horizon in mind.

If you doing it for long term, don't have to worry about the price you bought. Just dca and you should be okay.

 

[TehSi99]

That's what I observed as well. Even during "normal times", the price always go back above $2 after a correction. One of the better reits to buy. Another is Fraser centrepoint trust.

FCT seems fairly valued now. Same as CICT, also fairly valued. IMO, upside could be limited for both now, unless more rate cuts in future.

 

[weng0202]

FCT seems fairly valued now. Same as CICT, also fairly valued. IMO, upside could be limited for both now, unless more rate cuts in future.

Keeping for long term as long as fundermentals do not change.

 

[TehSi99]

If you doing it for long term, don't have to worry about the price you bought. Just dca and you should be okay.

Using CPFOA to buy CFA for long long term. As long as price dont drop below my purchase price, I am earning extra from the spread between the dividend and 2.5%.