*Official* Parkway Life Reit (SGX: C2PU)

[Carnesir]

Simon u trading based on charting?

 

[simon_84]

Simon u trading based on charting?

yup, based on lowest 3 months data with support price target at 2.2
52 weeks low must wait till STI goes below 2900.

 

[teerance85]

Any idea why PLIFE reit is trending downwards?

 

[bhalimking]

I think it's general price weakness in Reits.

Love to get Plife again at 2.2

 

[Dividends Warrior]

I think it's general price weakness in Reits.

Love to get Plife again at 2.2

Me too.

 

[twelfth]

any1 going to give up q at 2.2?

 

[simon_84]

q at 2.21

 

[simon_84]

divest at 2.26 on christmas eve, price goes up instantly
fail to ride the uptrend again.

 

[Dividends Warrior]

divest at 2.26 on christmas eve, price goes up instantly
fail to ride the uptrend again.

Higher DPU is expected in Feb next year.

 

[simon_84]

Higher DPU is expected in Feb next year.

hmm, not that i want to question this counter but what happen to its recent dip to 2.14 ?
quite disappointed that it fall below its emotional support of 2.2 sian.

 

[Mecisteus]

divest at 2.26 on christmas eve, price goes up instantly
fail to ride the uptrend again.

that is what usually happens if you try to outsmart the market.

for quality stocks, always buy on dips.

i just added FCT this morning. i have been adding reits slowly recently. oh i added STE last week too.

i share the same sentiment as this guy. but of course i am sg based.

Don't Head For The Hills, Stay On The REIT Track In 2014 [Realty Income Corp, Ventas, Inc., Excel Trust Inc] - Seeking Alpha

Finally, remember to ALWAYS diversify. In any given year, every portfolio will have winners and losers, and it's impossible to sidestep every loser. By diversifying, you provide yourself with insurance that if one of your stock picks gets hammered, it will not impact your nest egg. As most of you know, I'm riding out Digital Realty; however, by dollar cost averaging, I'm able to mitigate the losses and move my worst selection (of 2013) back into the black. Of course, we all know that the best way to prevent losses is to buy stocks when they're on sale. Happy New Year!

Just to add another way to prevent losses is by choosing NOT to be in the market altogether.

 

[simon_84]

that is what usually happens if you try to outsmart the market.

for quality stocks, always buy on dips.

i just added FCT this morning. i have been adding reits slowly recently. oh i added STE last week too.

i'm not trying to outsmart the market just that it broke emotional support of 2.2 (lose confidence) and i need money for sch fees, so sell when breakeven with coffee money (bought in end nov).
original intention was to keep till CD period in next month as long as it doesn't go beneath 2.2
2.14 will be the next re-entry price for this counter.

st eng & ocbc was on my watchlist but with money stuck in SPH, no choice can only watch

 

[Mecisteus]

i'm not trying to outsmart the market just that it broke emotional support of 2.2 (lose confidence) and i need money for sch fees, so sell when breakeven with coffee money (bought in end nov).
original intention was to keep till CD period in next month.
2.14 will be the next re-entry price for this counter.

what you are doing is speculating. somemore you are still studying.

so my advice is you better focus on your studies.

 

[simon_84]

what you are doing is speculating. somemore you are still studying.

so my advice is you better focus on your studies.

and let my money rot inside the bank ?

no thanks, i will restructure my portfolio again (reducing weightage for reits) for more passive income before i quit my crazy job.
typically i'm a 30~40% trading nature while the rest is purely investing.

 

[bhalimking]

divest at 2.26 on christmas eve, price goes up instantly
fail to ride the uptrend again.

Hi Simon_84

If i remember correctly, you and I are used to trade Plife Reit during the past 1 year or so. You lose some while you win some, and I was part of that as well.

Fortunately (or maybe one day I will say unfortunately) for me, I am still holding on to Plife for now.

What I usually do at least for my case, is to sell a few blocks of Plife Reit when you feel valuations are premium. So if I have 10 blocks, I will probably sell 5 lots first, then 2 lots, then another 2 lots and I will leave my 1 lot of Plife "rots" in my portfolio. Again, nothing is definite. You just need to play with your own mind game that's all.

 

[simon_84]

What I usually do at least for my case, is to sell a few blocks of Plife Reit when you feel valuations are premium. So if I have 10 blocks, I will probably sell 5 lots first, then 2 lots, then another 2 lots and I will leave my 1 lot of Plife "rots" in my portfolio. Again, nothing is definite. You just need to play with your own mind game that's all.

hi 3Fs,

got read your blog once a while, also got recommend to my ict friends.

perhaps i should have sell of 2 lots instead of all, cause it kinda gets a bit tiring to average down instead.
did the same selling tactic on FCT, however didn't do so with plife.
bought at end nov, then price falls to 2.14, guess the falling knife syndrome has caught up with me.

 

[bhalimking]

hi 3Fs,

got read your blog once a while, also got recommend to my ict friends.

perhaps i should have sell of 2 lots instead of all, cause it kinda gets a bit tiring to average down instead.
did the same selling tactic on FCT, however didn't do so with plife.
bought at end nov, then price falls to 2.14, guess the falling knife syndrome has caught up with me.

Hi Simon_84

Thanks for your support.

Sometimes it is inevitable that we need to trade especially in the early years of our investing journey as our capital is limited and needs to be directed to better resource. When the portfolio is more stable, I would be doing less trading as well and keeping it for the dividends. But dividends or capital gains, they are the same to me. They both resulted in money at the end of the day.

 

[sandwicher]

http://plifereit.listedcompany.com/newsroom/pl130314.pdf

Parkway Life REIT Grows Portfolio In Japan As Demand For Healthcare Assets Intensifies

To generate accretive net property yield of 7.3%

 

[simon_84]

Will enter at 2.15, I shall slowly wait.

 

[OddEye]

I think Plife is still a good reit, facing short term correction. That's all..