General S-REITs Discussion Thread

[Dividends Warrior]

as usual, u must be watching the show with a big popcorn in hand ..

Yup. Heee......

 

[digitalguy]

bro dw, is it good to enter in to maple ind trust now?

 

[windwaver]

Sold off my SPH REIT yesterday.

Tapering in Oct ?
Dow Jones dropped about 190 last nite.

Nah, hardly a chance. It's more like the debt ceiling and default.

 

[Dividends Warrior]

bro dw, is it good to enter in to maple ind trust now?

Around 1.30

 

[simon_84]

bro dw, is it good to enter in to maple ind trust now?

short term potential downside 1.265

cutting loss for MCT.

 

[supertanweekiat]

Why other country stock market drop, only Singapore cheong...something strange today.

 

[digitalguy]

Around 1.30

thanks bro

 

[bukitview]

Sea of red today, any juicy reit to pick up from? Bernake already said he worried abt US congress fight no tapering now.

 

[teerance85]

Fraser'sCT trading at $1.820. Good call? Yield at 6% though. Hmmmm

 

[mjboon]

Fraser'sCT trading at $1.820. Good call? Yield at 6% though. Hmmmm

I believe should have chance to buy below $1.8 in Oct (fingers crossed). Let's see how U.S deficit goes

 

[teerance85]

Yeah man... Alot of chips looking yummy for consumption =)

 

[Dividends Warrior]

Suntec REIT asset enhancement initiatives "making good progress"

SCM's Phase 2 approaching 85% pre-commitment.

Suntec REIT is currently performing renovation works to Suntec City Mall's Phase 1 and Phase 2, and everything points to the company completing all the works by 4Q14, said Maybank Kim Eng.

Pre-commitments for both phases have also been robust.

"Pre-commitments for Phase 1 leases in 2Q13 hit 99.6% (96.7% in 1Q13) with average passing rent of S$13.09 psf/mth. Suntec also reported that 70.1% of Phase 2 NLA in 2Q13 has been pre-committed (prev. qtar 53%). We think pre-commitments for Phase 2 should hit at least 85% in 3Q13. Looking at the intensity of the refurbishment works, overall AEI is making good progress and works should wrap up as scheduled by 4Q14," said Maybank.

The research firm also foresees "modest" rental uplift last quarter given that Phase 1 new tenants, which enjoyed rent-free periods during the renovations, should have resumed rental payments already.

 

[simon_84]

received some cash from MCT and MIT
cut loss on MCT afterwards.

 

[teerance85]

Why cut loss on MCT? I wanna buy retail Reits. Still undecided between MCT or FCT. MCT status just increase from netural to positive, while FCT is fundamentally sound with all it's shopping centres (at least to me).

 

[simon_84]

i already got CMT and FCT, besides MCT has the lowest yield among its family members.
and MCT is not a retail reit, is considered commercial.

MIT and MLT give better returns with the trade-off of price volatility and MCT also has price volatility.
so i would rather take the cash and buy something else instead.

 

[teerance85]

Bite the bullet and bought FCT! This is for long term passive income. Once i settle my reits portfolio, than im gonna concentrate on the rest.

 

[Dividends Warrior]

Why cut loss on MCT? I wanna buy retail Reits. Still undecided between MCT or FCT. MCT status just increase from netural to positive, while FCT is fundamentally sound with all it's shopping centres (at least to me).

Can consider suntec too.

 

[teerance85]

Can consider suntec too.

Considered already. In fact, Suntec was my very 1st reit in my portfolio. But that time still quite noob, didnt average down when it was hovering 1.1x - 1.2x then.

 

[Dividends Warrior]

Bite the bullet and bought FCT! This is for long term passive income. Once i settle my reits portfolio, than im gonna concentrate on the rest.

This coming quarter will be good, based on history. Well done.

 

[Dividends Warrior]

Considered already. In fact, Suntec was my very 1st reit in my portfolio. But that time still quite noob, didnt average down when it was hovering 1.1x - 1.2x then.

I see.

It's ok. Keep monitoring and wait for opportunities.