*Official* First REIT (SGX: AW9U)

[urban_closet]

Based on dividend's warrior recommendation and bought into this share today before the run...

 

[ryan345]

vested at 0.76 chiong ah!!

 

[WindBoi]

doesnt appear attractive anymore

 

[Mad_Stranger]

any good news for first REIT? why the sudden jump?
vested too.

 

[The_Davis]

missed the boat >.<

 

[lzydata]

Not sure why people are so excited about this all of a sudden. But for those who are looking at trailing distributions, I have to point out that the last two quarters' distributions include the one-time gain from divesting the Adam Road property. Once that capital gain is fully disbursed, the quarterly distribution will be about 1.6 cents. At the current price this is a yield of 7.15%. I believe this is a high for First REIT.

Correction: Of course, I meant, this yield is a low for First REIT.

 

[WindBoi]

Not sure why people are so excited about this all of a sudden. But for those who are looking at trailing distributions, I have to point out that the last two quarters' distributions include the one-time gain from divesting the Adam Road property. Once that capital gain is fully disbursed, the quarterly distribution will be about 1.6 cents. At the current price this is a yield of 7.15%. I believe this is a high for First REIT.

yeah u are right. but likely they may do a rights issue or to buy more hospital.

the management want to build up 2 bil in hospitals in the next 5 years.

 

[WindBoi]

Their business in singapore is Healthcare Nursing Home in 3 areas. Thus i dont think can profit much right? Indonesia econ so good meh?

u have no idea how good indo is...... its the best country in terms of stock market growth in the last 10 years.

 

[addict951]

FR vestors, song boh????

New 52-wk high post rights
.905/.91 now!

 

[khenwooi]

amazing rise.

dividend yield is about 6.9% now.

anyone has thoughts on selling?

 

[Paul Lee]

Why would you sell? If you are even thinking of selling, it must mean that you bought it at a lower price, which means your yield is corresponding higher. So never be tempted by short-term gain --> unless you can buy into another share that offered you even better yield that what you are getting out of First.

(Not vested)

 

[addict951]

Counter has risen 17.5% ever since thread was started @ .765/.77

 

[cheong79]

Counter has risen 17.5% ever since thread was started @ .765/.77

brother, you mean cannot buy liao rite?

 

[khenwooi]

Why would you sell? If you are even thinking of selling, it must mean that you bought it at a lower price, which means your yield is corresponding higher. So never be tempted by short-term gain --> unless you can buy into another share that offered you even better yield that what you are getting out of First.

(Not vested)

yup. i bought it at around 77 cents! thanks for your insight!

 

[addict951]

Very hungry bb spotted
cleared till .915/.92

 

[daylight]

huat ahhhh

 

[urban_closet]

Huat ah! Sudden 3% rise in this REIT. Shiok ah!

 

[Wood4]

Dividend soon .

 

[xBbx07]

maybe going to do acquisitions... will be interesting to see if they fund with debt or equity...

 

[Dividends Warrior]

Dividend soon .

Yup. The power of CD.

Vested with 10 lots.

Average price is 0.736