*Official* MasterLeong Thread

[Takodoro]

Shifu, what is a good entry price for REITS today?

 

[Flex11]

Welcome back MasterLeong!

Your thread is running 10x faster than the main thread in SSI shows your popularity

 

[starfish.starfish]

Wow your nibble 5,000
Then if hoot is 50,000?

Hahaha u think leh?
I always only nibble never hoot one. Lol

 

[MasterLeong]

Gotta love the last paragraph.
So does it mean i can release some ocbc for some profit on the table? Since all above book value le.

Can sell a bit to take profit
But still need keep main position

 

[MasterLeong]

Hahaha u think leh?
I always only nibble never hoot one. Lol

U jin rich
Portfolio 1 'mil for sure

 

[chowck]

2015 and 2016 bear market
2017 most likely bull

3 bear years in a row has never happened before

However
1997 afc
2007 gfc
2017 ???

Above nice pattern! If so, why 2017 a likely bull?

3 bear years...You referring to Sin market?

But Dow on a roll! It's been a bull markets for almost 5 yrs or more if I'm not wrong.

Worry that once it crosses 20K, things will reverse.

Our local mkt is not immune from this.

 

[starfish.starfish]

U jin rich
Portfolio 1 'mil for sure

1 mio portfolio without 24k dividend will be darn sad loh.

 

[MasterLeong]

Above nice pattern! If so, why 2017 a likely bull?

3 bear years...You referring to Sin market?

But Dow on a roll! It's been a bull markets for almost 5 yrs or more if I'm not wrong.

Worry that once it crosses 20K, things will reverse.

Our local mkt is not immune from this.

US market is bull since 2009 till 2016, nearly 7 years bull already... if it crashes will be swift and hard for sure... at least 30-50%

SG and Asia markets already crashed 20-30% in 2015/16

 

[MasterLeong]

Welcome back MasterLeong!

Your thread is running 10x faster than the main thread in SSI shows your popularity

thanks all for suppork

 

[MasterLeong]

Shifu, what is a good entry price for REITS today?

most are good for entry at current levels, especially those that i already hoot

CCT/Suntec 20% discount to book already

CMT/FCT currently at book value already


some ppl still dun dare to buy reits on fears of rate hike

but i feel current levels is cheap enough for long term

the yields are like 6% now... damn juicy for such high quality blue chip reits

 

[MasterLeong]

most are good for entry at current levels, especially those that i already hoot

CCT/Suntec 20% discount to book already

CMT/FCT currently at book value already


some ppl still dun dare to buy reits on fears of rate hike

but i feel current levels is cheap enough for long term

the yields are like 6% now... damn juicy for such high quality blue chip reits

you may wait for 5-10% cheaper... but the big RISK is MISSING the BOAT

never forget that


at current valuations of book and 20% discount to book, i feel its quite safe to enter for long term

 

[goh6570]

Wa shifu u really hoot alot reits

 

[JuzMobile]

Can sell a bit to take profit
But still need keep main position

Got it.

 

[MasterLeong]

M1 down 2%, anyone buying????? now 1.95
year low is 1.90

 

[MasterLeong]

Wa shifu u really hoot alot reits

Reit portfolio

15,000 CCT
15,000 Suntec

15,000 CMT
10,000 FCT

almost 50k in Commercial reits and 50k in Retail reits

average passive income from this portion is near (5-6%) 5-6k a year

cheers

 

[MasterLeong]

Got it.

OCBC I had like 40k worth

I sold down to 30k worth recently at near 8.8x level

balance this 30k I keep for long term... if it appreciates to 40k, will sell down to 30k again

in short this is called "re-balancing"

a good method of balancing between profit taking and keep a good position

cheers


PS - if position is smaller, say 5k... then no point selling.. just keep and collect scripts... slowly try to grow the ocbc position to say 10k

 

[chickenmedium]

year high 2.25
year low 1.85

those waiting for 1.85 are too greedy and likely to miss boat

1.90+ is good enough entry...


vested 15,000 CMT for close to 6% yield and long term positive rental revisions of close to 3%

me just hoot 2000 at $1.90

thanks chius masterleong~ moar good years ahead

 

[goh6570]

Reit portfolio

15,000 CCT
15,000 Suntec

15,000 CMT
10,000 FCT

almost 50k in Commercial reits and 50k in Retail reits

average passive income from this portion is near (5-6%) 5-6k a year

cheers

Shifu chiu jin satki man

 

[dolph001]

Master Leong still sleeping .....full-time investor dun need to wake up early for work

Sibei shiok!!!

I am squeezing like sardine on MRT...

squeezing like sardine still can post... jsk.
how come you work so late? which ministry are you in?

 

[MasterLeong]

me just hoot 2000 at $1.90

thanks chius masterleong~ moar good years ahead

well done thanks for trusting me

http://cmt.listedcompany.com/newsroom/20161021_182251_C38U_9BFCUV3N6HD4XYCX.3.pdf

CMT really good blue chip

at 1.90 the yield is close to 6%

http://www.sharesinv.com/C38U/

at 1 times book value, u are also not paying premium to book.. so its safe


CMT has super good track record to deliver shareholder value, i expect 3% long term growth in terms of DPU and NAV per share

vested 15,000 shares of CMT as of writing... bought recently only...