[Official] REITs CD tracking thread

[Dyhalt]

Bought more today at 0.188

I think the price fall is greatly due to the sudden drop of Japanese Yen. My average purchase price for this counter is still below 0.15. If it drops below 0.18 I'll accumulate more

Saizen REIT 0.200

Big Ang Pao given by Shinzo Abe

 

[pokeflute]

saizen is amazing!! 0.205!

 

[anfielder]

Saizen huat arrr!

 

[Dyhalt]

Bank of Japan going to double its money supply and also to buy 30 billion yen of J-REITS every year

If this means putting an end to 20 years of deflation and falling housing prices in Japan. (By taking away the purchasing power of Yen stored in bank accounts)

Things will start to get interesting in Japan... Inflation rises, house price rises, RENTs rises .... and goodbye to people who keeps their savings in banks

 

[fbb005]

now still can buy Saizen?

 

[pokeflute]

now still can buy Saizen?

still below NAV so considered can buy? but personally I feel its a bit ex compared to few days ago...

 

[Dyhalt]

now still can buy Saizen?

lol I partially divested Saizen at 0.205 today

Buy if you like Sashimi City... but I prefer our beloved lion city
(S-REITS chong ah!!)

 

[abc1987]

lol I partially divested Saizen at 0.205 today

Buy if you like Sashimi City... but I prefer our beloved lion city
(S-REITS chong ah!!)

I also took profit on Saizen... It has fulfilled the reason why I bought it in the first place (undervalued company).

 

[bykte]

vested 10 lots @ .205 too

 

[fbb005]

Because some people divest, it drop to 0.2 again

 

[Dyhalt]

vested 10 lots @ .205 too

I've only divested 1/3 of my holdings in Saizen since its current price is still pretty far below NAV... while all the S-REITS except Suntec are above NAV. (Starhill and Lippo are not 100% S-Reits)

Will wait and see for a few days... if its price goes to its current NAV of 0.27 (more like 0.25 if consider Yen depreciation) means a potential upside of 30%.... too yummy to miss out

(IF price falls then I'll be glad to have sold off 1/3 at 0.205.. lol)

 

[anfielder]

I've only divested 1/3 of my holdings in Saizen since its current price is still pretty far below NAV... while all the S-REITS except Suntec are above NAV. (Starhill and Lippo are not 100% S-Reits)

Will wait and see for a few days... if its price goes to its current NAV of 0.27 (more like 0.25 if consider Yen depreciation) means a potential upside of 30%.... too yummy to miss out

(IF price falls then I'll be glad to have sold off 1/3 at 0.205.. lol)

My thinking is the DPU will drop with the falling yen so yield will fall. So I also divested about 1/3 of my holdings..

Counterparty of my trade was UBS. BBs buying? Since individuals don't use UBS.

 

[fbb005]

My thinking is the DPU will drop with the falling yen so yield will fall. So I also divested about 1/3 of my holdings..

Counterparty of my trade was UBS. BBs buying? Since individuals don't use UBS.

What is UBS?

 

[doody_]

What is UBS?

That's a joke, right?

 

[staedtler_07]

What is UBS?

Union Bank of Switzerland

UBS - Wikipedia, the free encyclopedia

 

[Dyhalt]

My thinking is the DPU will drop with the falling yen so yield will fall. So I also divested about 1/3 of my holdings..

Counterparty of my trade was UBS. BBs buying? Since individuals don't use UBS.

Even if the yield of Saizen decrease by 20%, it should still be comparable to most S-Reits I'm tracking currently.

I sell because of North Korea war threat, Bird flu risk from China and Europe uncertainty. ... good to have more cash in hand if correction comes..then can invest more for dividend

 

[maliciousmonster]

My thinking is the DPU will drop with the falling yen so yield will fall. So I also divested about 1/3 of my holdings..

Counterparty of my trade was UBS. BBs buying? Since individuals don't use UBS.

how do you know who your counter party is?

 

[Dividends Wizard]

still cheap , 10% upside this month !

 

[anfielder]

how do you know who your counter party is?

I just click on the details of the trade... I'm using iOCBC platform.

 

[fbb005]

still cheap , 10% upside this month !

Which one have 10% upside?