*Official* MasterLeong Thread

[Takodoro]

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

At the current price, CCT feels weak/exp imho....

 

[MasterLeong]

GOLDEN POST OF THE DAY~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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...

 

[MasterLeong]

At the current price, CCT feels weak/exp imho....

CCT if u dun like can look at CMT

many choices hahahahaha

 

[dolph001]

Funny that my reits group was the best performance and banks were barely above water only a few weeks ago, now reits are negative and banks are top...how the tables have turned within a short time.

sector rotation.

 

[MasterLeong]

thanks all for the support, since u all so welcome me back

i also show back my sincerity and share my latest portfolio

please do not expose/insult me or use my portfolio to csb thanks

 

[dolph001]

Sighzzz.....the thing is I can oredi foresee that when I reach $24k dividend, I will then want even more...human greed

Sure, I will be happy for reaching my goal but I would probably want more after that... money never enough

retiring as a single, 24k dividend is comfortable.
retirings as sole breadwinner and family of 4, 24k dividend is money not enough.

 

[MasterLeong]

retiring as a single, 24k dividend is comfortable.
retirings as sole breadwinner and family of 4, 24k dividend is money not enough.

if married with kids

your kids become your investments

every month your DCA in your KIDS and hope they grow up to become bluechips hehehehehe

 

[MasterLeong]

ocbc research got email out a strategy report today, very good read and must read for all who are subscribed

cheers

 

[MasterLeong]

ocbc research got email out a strategy report today, very good read and must read for all who are subscribed

cheers

Privatizations rising…
As a clear reflection of the current
inexpensive valuations, several wellestablished
companies were privatized, at
double-digit premiums to last traded prices.
This reflects the current under-valuation in
the market. We believe that the Singapore
market offers value to longer term investors.
At current price, the STI is trading close to
historical 10-year PB of 1.0x, with current PER
of 13.8x and with a decent average dividend
yield of 3.8% - level last seen during the GFC
in 2008/09, especially for PB ratio

 

[moisuperman]

Master Leong, buy what now can huat?

Sent from HUAWEI VNS-L31 using GAGT

 

[MasterLeong]

Really is monkey see monkey do

young lim

if u are not supportive or dislike me, please do not come into this thread

u can always avoid my thread/post or choose to add me to ignore list

 

[MasterLeong]

Master Leong, buy what now can huat?

Sent from HUAWEI VNS-L31 using GAGT

my top pick now is reits and telcos... read the whole thread to see in details

 

[strangerjun]

ocbc research got email out a strategy report today, very good read and must read for all who are subscribed

cheers

Strategy: Privatization points to under-valuation

 

[starfish.starfish]

thanks all for the support, since u all so welcome me back

i also show back my sincerity and share my latest portfolio

please do not expose/insult me or use my portfolio to csb thanks

Was expecting a 500k portfolio

 

[strangerjun]

thanks all for the support, since u all so welcome me back

i also show back my sincerity and share my latest portfolio

please do not expose/insult me or use my portfolio to csb thanks

no like mapletree family?

 

[MasterLeong]

Was expecting a 500k portfolio

total investment portfolio is around 500k due to the addition from sale of 30% stake in private business but the sales proceed were not put into stocks

stocks I already a lot and I think I have bought at a good price already, so balance is put into FD/SSB and bonds to strike a balance between equities&fixed income and to collect passive income for semi-retirement

cheers

 

[MasterLeong]

no like mapletree family?

nope, do not like...

so far only MCT in my radar... but will only hoot if 1 times book

 

[MasterLeong]

Dividend yield of almost 4%
Currently, the STI is trading at price-earnings ratio of 13.8x for this year
and will drop to 13.2x for next year. On a price/book basis, the current
ratio of 1.1x is still below the level seen during the European debt crisis
period of 1.2-1.4x and just slightly higher than the lows seen during the
Global Financial Crisis (GFC) of <1.0x. With a sustainable and still
healthy dividend yield of 3.8%, which is higher than most of the regional
market, we believe that valuations in the Singapore market, especially
for the STI stocks, are fairly attractive, especially for longer term
investors looking for sustainable dividend payouts.

 

[MasterLeong]

by ocbc research


Frasers Centrepoint Trust
Expected to stay resilient
Frasers Centrepoint Trust (FCT), which owns a portfolio of suburban
retail malls in Singapore, is expected to stay resilient despite headwinds
facing Singapore’s retail scene, in our view. We attribute this to its welllocated
malls in populous residential areas and strong track record of
its management team. FCT has delivered positive DPU growth every
year since its IPO in 2006, with a CAGR of 6.9% from FY06-FY16.
Operationally, FCT secured robust positive rental reversions of 9.9% in
FY16, which was a four-year high. It also has a healthy balance sheet, as
gearing ratio of 28.3% (as at 30 Sep 2016) remains one of the lowest
within the S-REITs universe.
Short term pain for long term gain
Looking ahead, we project FCT to register flat DPU growth of 0.1% in
FY17. However, this is largely due to the ongoing major renovation
works at Northpoint, which is its second largest mall in terms of income
contribution. Northpoint’s occupancy is estimated to range between
72%-80% from Oct to Dec 2016, and 58%-77% from Jan to Mar next
year. Average occupancy during this period is expected to be 71%. Post
completion of this asset enhancement initiative (AEI) in Sep 2017,
management expects average gross rental rates at Northpoint to be
boosted by ~9%, although the net lettable area is projected to be
reduced by 4%. We forecast FCT’s FY18 DPU to rebound by 2.7% to 12.1
S cents. Based on our forecasts and a closing price of S$1.955, FCT
offers investors a distribution yield of 6.0% and 6.2%, respectively.
Maintain BUY and S$2.33 fair value estimate on FCT

 

[goh6570]

nope, do not like...

so far only MCT in my radar... but will only hoot if 1 times book

shifu, can analyse why you no like mapletree?