General S-REITs Discussion Thread

[archcherub]

moving forward which will have higher total return?
reits or sti?

my own gut feel is STI as there are plenty of chips in STI that has not rose to the current market level yet....still underrvalued.

though i have no REITS and is trying to add some to my own portfolio.....

 

[xorionn]

bookmarked.....

 

[Perisher]

FCT catching up fast to CMT...

 

[okiedokie]

is it advisable to cont acquiring reits before fed's announcement later half of this year?

 

[Perisher]

is it advisable to cont acquiring reits before fed's announcement later half of this year?

Not really but one never knows.

From the past few FED meetings we can see that any mention of rate hike, the Reits drop. No matter how much people think it's already factored in, it will still drop with any mention of rate hike so either buy post the FED meeting or buy small.

 

[okiedokie]

Not really but one never knows.

From the past few FED meetings we can see that any mention of rate hike, the Reits drop. No matter how much people think it's already factored in, it will still drop with any mention of rate hike so either buy post the FED meeting or buy small.

ok thanks

 

[Bedokian]

For me, REITs are still good to hold as they are still dividend generating assets to us, but I am also reducing my exposure to them (part of my aim for this year). Last year 44% of my portfolio is in REITs, now it is down to about 40% (CD period now, so most prices are increased). If there are good bargains spotted, I would still go into them.

Anyway I had divested SB REIT (my largest REIT in terms of share count) and half that sale amount went into REITs and the other to non-REIT equities, so I consider it a mini-rebalancing.

 

[okiedokie]

For me, REITs are still good to hold as they are still dividend generating assets to us, but I am also reducing my exposure to them (part of my aim for this year). Last year 44% of my portfolio is in REITs, now it is down to about 40% (CD period now, so most prices are increased). If there are good bargains spotted, I would still go into them.

Anyway I had divested SB REIT (my largest REIT in terms of share count) and half that sale amount went into REITs and the other to non-REIT equities, so I consider it a mini-rebalancing.

how many reits do you have atm?

 

[Bedokian]

how many reits do you have atm?

FCT, FCOT (just increased my position), MGCCT, IREIT, Keppel DC, Suntec (just bought), Cache, SPH.

 

[Perisher]

FCT, FCOT (just increased my position), MGCCT, IREIT, Keppel DC, Suntec (just bought), Cache, SPH.

Pretty good group there. Like almost all of it.

 

[Perisher]

Anyone vested in Ascendas Real Estate Investment Trust?
On an unrelenting rise for 6 months.

 

[winorlose]

Should take out Noble .. Becoming like **** and add either suntec or cct.. However cct got higher hopes due to capitaland backing

 

[pcmdan]

Next week should see most stocks price up.

People wan to kio dividend shares last min and shortist doesnt want to pay dividend from their pocket

disclaimer* my own feeling haha

 

[flyfox]

Should take out Noble .. Becoming like **** and add either suntec or cct.. However cct got higher hopes due to capitaland backing

Agree, should take out Noble..
Actually STI pe 14 because of those commodity stocks nt performing lol

 

[Perisher]

Straits Times reported that Retail rents weaken, vacancy rates jump. Q1 vacancy rate highest since 2011, Orchard area sees biggest fall in rent. Not good for Starhill reit.

Vacancy rate islandwide rose to 6.8% in Q1 2015.
Tourist arrival falls from 15.6m 2013 to 15.1m 2014. There were 2.4m visitors for the first 2 month of the year, a 5% y-o-y decline. Retail sales fell 3% in Feb compare to Jan.

 

[jl6250]

Most of my reits (SG) are brought 3 -4 years ago. Suntec at $1.3, Ascendas at $1.90 et.c. Most are sitting with a 15% to 30% rise. So I don't think will be selling it. Rest of it are small nibble with -5% to 10% movement from what I brought.

Make a painful mistake of selling my half of my Ascendas at $2.20 then, and has been try to gt it back again at $2 but never possible over the last 2 years. Will accumulate again when blue reits start to offer 6-7% dividend again due to price drop.

The others are overseas reits Coresus, First Reits, Lippo which will not be impacted much with SG increase reits vacant capacity. These are normally self substaining as they are retail/ health based. The 7-8% dividend will provide some buffer for me to ride through when share price drop. My Lippo is seeing negative share price but the dividend will cover it. (-15% share price drop versus dividend obtained around 24% over the years) Still believe Indonesia is going up slowing with increase more middle class in years to come. Retail and health sectors will set to benefits.

Started to divest this year by going to non reits stock. Has been accumulating Keppel (got it at $8.20), Sat (at $2.98) and Keppel Infra e.t.c. These are slightly more defensive. Whether the share price increase or drop, people will still need to drink/****, aircraft to be service (more when T4 and T5 is built).

I am buying for retirement and I believe share is moving up in general over next 20-30 years by the general rule of inflation. If there is major correction I will buy even more. Blue chips and stable companies will still continue to pay some dividend when crisis happens.

Are we able to time the big correction that happens every 20-30 years (which means lose x1 time of capital appreciation)? Don't think so.

Now with all the govt getting into the habit of printing $$$ when crisis happens, old rules may not apply anymore. Recovery will be much faster. US and Europe take more than 10 years to recover in the 1900s great recession. The GFC takes only 3-4 years to bounce back. The power of printing $$$ not back by gold.

Hope it is the right move

 

[sandwicher]

Went to Jcube last night and saw the scene - many vacancies, low traffic. It was quite sad. The ceiling at the top floor was also dirty and mouldy.

Back in TM, AEI is also completed. However, rival malls (Tampines 1) have been getting better tenants than TM.
They have sushi express, gelare, sushi tei & fish&co, of which queues are always snaking. Now they're opening 4 fingers.

Vested, but not liking what I'm beginning to see... Should I be worried?

 

[sandwicher]

should ask yourself if yields will go higher or lower

Essentially, that's my question. Well you threw that qn back to me...

What about other forumers? DW!!

 

[dr3amgawd]

Anyone vested in Ascendas Real Estate Investment Trust?
On an unrelenting rise for 6 months.

Yes, vested since sub 1.9

Sent from Xiaomi 2013023 using GAGT

 

[Tornesoul]

Went to Jcube last night and saw the scene - many vacancies, low traffic. It was quite sad. The ceiling at the top floor was also dirty and mouldy.

Back in TM, AEI is also completed. However, rival malls (Tampines 1) have been getting better tenants than TM.
They have sushi express, gelare, sushi tei & fish&co, of which queues are always snaking. Now they're opening 4 fingers.

Vested, but not liking what I'm beginning to see... Should I be worried?

well they do have IMM and westgate in the same area as well. However, yes the situation could be better. But their portfolio should be resilient to a certain extent due to the number of properties they have.