*Official* MasterLeong Thread - Part 2

[neolaw]

market up so much u still sitting on paper losses... how come sia?????

I'm also having a few percent paper loss

 

[MasterLeong]

anyway 2017 I am unlikely to have any or much new trades

all my ideas already dried up

now just riding on telcos and reits to recover only

special bet is on CDG... they got do acqusition in aussie.. so hope it goes through and eps can improve for 2017

many analysts are also expecting CDG to increase payout ratio... so we may see 4% yield for year end 2016 and 5% yield for 2017

 

[MasterLeong]

I'm also having a few percent paper loss

now market having a good run up

good time to cut away the weeds and keep the flowers

 

[goh6570]

Hey ML... a big welcome back!!

Banks gone
Now reits gone

Telcos still at port hehehe
My current top picks m1 and starhub

Congrats to those who followed me on the 5 tiger generals, huat ah

2016 asset managers ara glp fcl all also huat huat
Too bad glp and fcl i sold too early but got earn so cannot complain hahaha

I still holding on and riding the bull
Maybe if sti hits 3300 then i will sell out a bit to rebalance

cheers

 

[neolaw]

now market having a good run up

good time to cut away the weeds and keep the flowers

M1 and KC/sci are having 30% and 15% loss. Too but to cut.

 

[MasterLeong]

M1 and KC/sci are having 30% and 15% loss. Too but to cut.

like that u have to hold ba

u should had averaged down more when it was low

when low... it was either cut or buy more...

 

[MasterLeong]

M1 and KC/sci are having 30% and 15% loss. Too but to cut.

at least KC and SCI are blue chips... u hold a few years more should be fine ba

 

[MasterLeong]

Gear up for a rough road with this office REIT
By Michelle Zhu / theedgemarkets.com.sg | January 11, 2017 : 12:35 PM MYT
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Translated by Google Translator:
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SINGAPORE (Jan 11): Maybank Kim Eng has named CapitaLand Commercial Trust (CCT) as its top “buy” pick in the office sector with an unchanged target price of $1.81.

In its 2017 strategy report released last Monday, analyst Derrick Heng highlights CCT’s strong weighted average lease expiry (WALE) of 6.8 years along with just 8% of office leases due for renewal this year, making it “well-positioned to ride through near-term headwinds” in the sector.

Additionally, he thinks incremental contributions from CapitaGreen should drive a three-year distribution per unit (DPU) CAGR of 1.8% well into 2018E.

“Unlike distributions for its office peers that are supported by non-core distributions, CCT’s reflects the underlying fundamentals of its properties. We find valuation attractive with its forward yield of 5.9% offering a generous 3.5ppt spread over SGS 10-year bond yield,” says the analyst.

Maybank is also positive on CCT’s redevelopment of Golden Shoe Car Park into a commercial building, as it believes this allows the REIT to capture a potential recovery in the office market upon completion in 2021.

However, Heng cautions that the project’s feasibility is still limited by the amount of differential premium (DP) payable to change the car park’s use from transport to commercial, which will form the bulk of its redevelopment cost.

“Recall that $651 million of the $1.3 billion cost to redevelop its former Market Street Carpark to CapitaGreen relates to DP and other land-related costs,” he reasons.

As at 12:02pm, shares of CCT are trading 1.9% higher at $1.59.

 

[Takodoro]

anyway 2017 I am unlikely to have any or much new trades

all my ideas already dried up

now just riding on telcos and reits to recover only

special bet is on CDG... they got do acqusition in aussie.. so hope it goes through and eps can improve for 2017

many analysts are also expecting CDG to increase payout ratio... so we may see 4% yield for year end 2016 and 5% yield for 2017

Nowadays Australia really adopt open leg policy.

 

[MasterLeong]

http://www.sharesinv.com/C52/

btw CDG current yield shown only 3.5% which is low

the expectation is higher dividends to become 4% yield

which may or may not occur... so the risk is there

PE ratio is high thought... I have it in my portfolio as diversification into transport... and its the only transport counter on SGX

 

[MasterLeong]

https://www.dbs.com.sg/treasures/aics/templatedata/article/equity/data/en/DBSV/012014/CD_SP.xml

the analyst forecast 4% yield for 2016 and 4.4% yield for 2017

shall see zhun or not


one thing good about CDG is that its in net cash position, so can do more acquisition easily to gear up and improve earnings/dividends

 

[MasterLeong]

so 5 tiger generals up so much, who meeting next week at JEM to jiak KFC? hahahahahahahahahaha

 

[goh6570]

so 5 tiger generals up so much, who meeting next week at JEM to jiak KFC? hahahahahahahahahaha

chiu chai KFC sibo?

 

[derrickgyn]

FLT seems stuck..not much movement compared to other reits.

 

[stam]

Chiong ah!!!!!

Posted with My iPhone 7plus HardwareZone Forums app

 

[MasterLeong]

chiu chai KFC sibo?

Of course, i sponsor one free family bucket meal wahahahah

 

[MasterLeong]

FLT seems stuck..not much movement compared to other reits.

Ok la, during the recent sell down on reits
FLT didnt fall as much as its a new ipo stock in 2016
FLT just hold long term for dividends lor
Actually we cannot expect much capital gains from
Reits
Reits most importantly is higher nav and high dpu, when the nunbers are improved, naturally the market price will reflect
FLT still needs time to set a good 5 year track record

 

[joshuatangua]

I want in Singtel leh master! probably wait till next cd and see drop anot!

 

[MasterLeong]

Dbs $18 sia
So expensive

If hit $20 maybe i will reduce again, rebalance

 

[apple1994]

MasterLeong I'm your big fan. Started investing last year when your name was still stockbot.
Currently holding dbs, cmt and Apple all at decent prices. Thank you for teaching us how to buy at good price.
Cheers