General S-REITs Discussion Thread

[lunafan]

Good asset, good REIT management, good track record of stable/increasing dpu but with undervalued stock price? I think this is no-brainer for buying, don’t need to bother what “influencers” are saying

 

[TehSi99]

Yea, I hooted some A17U, M44U and C38U since last week. The capital gain is just bonus, just want to take the dividend for my Caipng funds.

I think no capital loss is a already a bonus.

 

[ctan84]

Good asset, good REIT management, good track record of stable/increasing dpu but with undervalued stock price? I think this is no-brainer for buying, don’t need to bother what “influencers” are saying

Which reit u referring to?

 

[mooseolly]

I think no capital loss is a already a bonus.

from sgx "the iEdge S-REIT Index has declined 11% in the 2024 year to 13 Aug, with distributions reducing the decline in total return to 6%. The P/B ratio of the Index is presently at 0.8574x, more than 1 s.d. below the 5-year average P/B of 1.0149x."

Now in December the P/B ratio is even lower. No one can predict the bottom but IMO there is limited downside.

 

[boroangel]

Hi all, have a sum of T - Bill that expired and looking to split that into 5 main strong S-reits.

Am looking for some blue chip S - reits with proven record of DPU increasing over time, and can weather the downturns much better.

Have already bought Frasers Centerpoint Trust, CICT, Mapletree Industrial Trust, and looking to add Parkway Life C2PU.

Seeking some input from the experts here if there are a couple other of S-reit names I should consider?

​

 

[DevilPlate]

Hi all, have a sum of T - Bill that expired and looking to split that into 5 main strong S-reits.

Am looking for some blue chip S - reits with proven record of DPU increasing over time, and can weather the downturns much better.

Have already bought Frasers Centerpoint Trust, CICT, Mapletree Industrial Trust, and looking to add Parkway Life C2PU.

Seeking some input from the experts here if there are a couple other of S-reit names I should consider?

​

Ascendas clar

personally don’t like Parkway at current price.

 

[thretiredDad]

FED EXPECTED TO COMBINE INTEREST RATE CUT WITH HAWKISH 2025 OUTLOOK - SOURCES

 

[thretiredDad]

Ascendas clar

personally don’t like Parkway at current price.

My $2.55 queue all bought
Sad

 

[ctan84]

My $2.55 queue all bought
Sad

Huh means you managed to but what you wanted, no? Then y sad?

 

[thretiredDad]

Huh means you managed to but what you wanted, no? Then y sad?

$2.55 was strong support
followed by $2.53
I was expecting $2.55 to hit
before it bounces $2.60
it didn’t
$2.55 turns seller today
im holding 180,000 shares now
all eyes on tonight fomc meeting

 

[stanlawj]

Good asset, good REIT management, good track record of stable/increasing dpu but with undervalued stock price? I think this is no-brainer for buying, don’t need to bother what “influencers” are saying

What SREIT are you referring to?

 

[weng0202]

Reits like never react to the fed decision on fewer rate cuts next year.

 

[homer123]

WTF wrong with S-REITS -Interesting comment from IN member https://www.investingnote.com/comments/2555617
"What can you say to people who invested in REITs 5 years ago who are not only sitting on losses, they now have a massive opportunity cost as the S&P rose over 80% on the same timescale.

How long is long term?

Even if REITs give us 10% next year, that’s still a massive opportunity cost that isn’t recoverable.

Imagine now you invested 10 years ago. You are now sitting on 0 price gains and only have the dividends accumulated to show for. In this period of time the S&P rose 3.5x!

Now here’s the real kick in the teeth. Prices of commercial properties have increased a lot over 10 years. But somehow REIT holders have seen 0 returns from this. It is clear in which pockets this wealth has gone, but spoiler alert it’s not in unitholders’

We can’t look at everything through rose tinted glasses. Time flys and S-REIT’s underperformance is a constant."

 

[DevilPlate]

WTF wrong with S-REITS -Interesting comment from IN member https://www.investingnote.com/comments/2555617
"What can you say to people who invested in REITs 5 years ago who are not only sitting on losses, they now have a massive opportunity cost as the S&P rose over 80% on the same timescale.

How long is long term?

Even if REITs give us 10% next year, that’s still a massive opportunity cost that isn’t recoverable.

Imagine now you invested 10 years ago. You are now sitting on 0 price gains and only have the dividends accumulated to show for. In this period of time the S&P rose 3.5x!

Now here’s the real kick in the teeth. Prices of commercial properties have increased a lot over 10 years. But somehow REIT holders have seen 0 returns from this. It is clear in which pockets this wealth has gone, but spoiler alert it’s not in unitholders’

We can’t look at everything through rose tinted glasses. Time flys and S-REIT’s underperformance is a constant."

Yeah….i sorta agree Sreits past 5yrs total cui.

Only those who enter bluechips Sreits during 08 crash make decent gains.

In SG, only resi huat big big.

Sreits hard to grow yr wealth…..i buy because im old liao and purely for dividends nia. (It shd beat FD/SSB over 10y period)

 

[DevilPlate]

Reits like never react to the fed decision on fewer rate cuts next year.

Dropping also leh….

Many touching feb/march low liao….not much profits to trim anyway….

 

[ask_yip]

WTF wrong with S-REITS -Interesting comment from IN member https://www.investingnote.com/comments/2555617
"What can you say to people who invested in REITs 5 years ago who are not only sitting on losses, they now have a massive opportunity cost as the S&P rose over 80% on the same timescale.

How long is long term?

Even if REITs give us 10% next year, that’s still a massive opportunity cost that isn’t recoverable.

Imagine now you invested 10 years ago. You are now sitting on 0 price gains and only have the dividends accumulated to show for. In this period of time the S&P rose 3.5x!

Now here’s the real kick in the teeth. Prices of commercial properties have increased a lot over 10 years. But somehow REIT holders have seen 0 returns from this. It is clear in which pockets this wealth has gone, but spoiler alert it’s not in unitholders’

We can’t look at everything through rose tinted glasses. Time flys and S-REIT’s underperformance is a constant."

reading this make me sad

 

[lunafan]

WTF wrong with S-REITS -Interesting comment from IN member https://www.investingnote.com/comments/2555617
"What can you say to people who invested in REITs 5 years ago who are not only sitting on losses, they now have a massive opportunity cost as the S&P rose over 80% on the same timescale.

How long is long term?

Even if REITs give us 10% next year, that’s still a massive opportunity cost that isn’t recoverable.

Imagine now you invested 10 years ago. You are now sitting on 0 price gains and only have the dividends accumulated to show for. In this period of time the S&P rose 3.5x!

Now here’s the real kick in the teeth. Prices of commercial properties have increased a lot over 10 years. But somehow REIT holders have seen 0 returns from this. It is clear in which pockets this wealth has gone, but spoiler alert it’s not in unitholders’

We can’t look at everything through rose tinted glasses. Time flys and S-REIT’s underperformance is a constant."

S&P up 80%? this is cumulative right? Can’t do apple to apple comparison with reits this way.
There has been so much inflation over the past few years…..
Reits constantly pay out dividend every quarter, that $1 of dividend that was received 5yrs back is worth at least $1.1-$1.2 now. Have to factor in the fact that dividend investors can immediately reinvest the returns over the last 4-5yrs and gotten doubt the returns now - that is returns upon dividend returns

 

[ctan84]

WTF wrong with S-REITS -Interesting comment from IN member https://www.investingnote.com/comments/2555617
"What can you say to people who invested in REITs 5 years ago who are not only sitting on losses, they now have a massive opportunity cost as the S&P rose over 80% on the same timescale.

How long is long term?

Even if REITs give us 10% next year, that’s still a massive opportunity cost that isn’t recoverable.

Imagine now you invested 10 years ago. You are now sitting on 0 price gains and only have the dividends accumulated to show for. In this period of time the S&P rose 3.5x!

Now here’s the real kick in the teeth. Prices of commercial properties have increased a lot over 10 years. But somehow REIT holders have seen 0 returns from this. It is clear in which pockets this wealth has gone, but spoiler alert it’s not in unitholders’

We can’t look at everything through rose tinted glasses. Time flys and S-REIT’s underperformance is a constant."

Right from the start REITs are not meant for capital growth one leh. He's tagging the wrong function to the asset, then when the asset underperform, people complain non-stop despite it being their own mistake. REITS have to pay out dividends, plus good reits the DPU increases year on year.

 

[d5dude]

Right from the start REITs are not meant for capital growth one leh. He's tagging the wrong function to the asset, then when the asset underperform, people complain non-stop despite it being their own mistake. REITS have to pay out dividends, plus good reits the DPU increases year on year.

Dividends form part of the total return, theres nothing special about an asset that pays a dividend, what matters is total return.

I think the good thing about sreits is that they tend to be less volatile than most other equities (in general), in return you get lower returns, its a fair deal.

 

[DevilPlate]

Right from the start REITs are not meant for capital growth one leh. He's tagging the wrong function to the asset, then when the asset underperform, people complain non-stop despite it being their own mistake. REITS have to pay out dividends, plus good reits the DPU increases year on year.

Crypto bros also laugh at SPY buy and hold peeps

Never ending comparison