General S-REITs Discussion Thread

felixleong

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Centrepoint is GG la.. go inside walk very nostalgic though.

ya lor

that's why picking quality malls very important

must have good location and strong management who are able to bring in big names and retain tenants for long term win win situations
 

felixleong

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felixleong

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Frasers Centrepoint may inject revamped Centrepoint mall into REIT

By Dow Jones / Dow Jones | March 19, 2015 : 2:57 PM MYT
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SINGAPORE (Mar 19): RHB thinks that Frasers Centrepoint Limited could inject its Centrepoint Mall to its real estate investment trust – Frasers Centrepoint Trust – after the shopping mall at Singapore's prime locality is refurbished, and achieves performance stability in three years.

The brokerage’s note comes a day after Frasers Centrepoint said it would spend $50 million to revamp the 32-year-old mall over the next 16 months, to attract more shoppers and families.

“We think that the major refurbish is in sync with the group's strategy to improve shoppers' quality of shopping experience, providing better tenant mix and ambience for both shoppers and tourists,” RHB analysts wrote in a note to investors.

The brokerage does not have a rating for the stock as yet.

Frasers Centrepoint Limited and Frasers Centerpoint Trust are up 1 cent and 2.5 cents to $1.735 and $2.02 as at 2:57 p.m.
 

felixleong

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felix did you sell your CMT today? haha..

nope

if 2.20 then i will consider sell

bought at 2.08 ma

if 5% profits within a month, which is around 1 year dividends then i take profit

else just hold and collect dividends also ok one


another problem is if sell CMT, dunno what other quality reit to buy haha
 

pcmdan

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ooo haha

okok i shall wait for 2.20 too den haha..

i bot 2 tranches ytd.2.07 and 2.08 ytd
 

felixleong

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ooo haha

okok i shall wait for 2.20 too den haha..

i bot 2 tranches ytd.2.07 and 2.08 ytd

gong xi gong xi~!!

song song dao jurong~

if CMT out at 2.20 i might switch over to M1

PE 20, yield 5%

have to double check, I now researching up on M1 to reconfirm my investment idea


at the current price CMT still decent at 5% yield
but if it goes lower than 5% yield, might be a sign of over valuation
 
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felixleong

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hahaha i dont think can climb that fast right? 2 days keep moving up so fast abit weird also

dunno wor

sometimes really hard to say.. market really very volatile recently..

today jump 9 cents already siao siao

just need to jump another 4 cents for me to get out hehe

I see how... maybe 2.18 I might take 4% profit... really depends on how tomorrow market goes

morning see how it feels~

if comes down then hold for the 5% yield lor~ which was the original plan LOL
 
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