[Official] REITs CD tracking thread

[eveee99]

my 1st stock was singtel, took profit recently, will look to re-enter come sept...

i won't bother with reits below 1.50 now, slowly removing them from watchlist.
singpost surprised me with its stable price range, will observe how it cope come sept.

CMT by far, has solid support at 1.95 while FCT which is slightly less solid at 1.825

something i learned recently at ocbc TA seminar:
"cheap stocks can become much more cheaper or remain cheap for a much longer time than you can imagine".

hehe ..CMT and FCT are in my watchlist ... their business is easy to understand .... and i can help give them some business too! ... Singtel abit scary given the high trade volume .... but if can get back to around $3.50, then good to keep too

 

[simon_84]

hehe ..CMT and FCT are in my watchlist ... their business is easy to understand .... and i can help give them some business too! ... Singtel abit scary given the high trade volume .... but if can get back to around $3.50, then good to keep too

for singtel i will re-enter at around 3.50 range during this coming xd or during sept.

 

[qweiop]

The bond market has already priced in the Fed tapering in Sept this year, thus do not expect our REITs to outperform like they did in the beginning of the year. Unless the Fed screw up in the tapering process, we may not see the kind of correction in the REITs price during May/Jun period.

Conclusion, if you want to punt for the short term during the results/dividend period, please thread carefully. If you are looking for mid-long term investment in REITs, you may want to hold off till the end of the year.

what happened during the May and June period for reit? i saw that almost all of their prices surged.

 

[BradLee]

As I am quite new, how do you determine if this is a good reits to invest? As all reit business model is similar meaning they rent out their properties and collect rental, then us as investor collect the distribution similar to share dividend.

If the reit financial reports is healthy, having high or even 100% occupancy, constantly giving higher distribution. What are the foreseeable risk? I mean if i plan to invest for long term or even use it as part of retirement planning.

What can determine the price of a reit? i read a number of post regarding tapering, what causes this tapering? If the reit is still healthy even there is some tapering, isnt that a good new to buy more?

 

[eveee99]

for singtel i will re-enter at around 3.50 range during this coming xd or during sept.

Hope 3.50 will remain a good support ... may follow ...

 

[prophetjul]

The bond market has already priced in the Fed tapering in Sept this year, thus do not expect our REITs to outperform like they did in the beginning of the year. Unless the Fed screw up in the tapering process, we may not see the kind of correction in the REITs price during May/Jun period.

Conclusion, if you want to punt for the short term during the results/dividend period, please thread carefully. If you are looking for mid-long term investment in REITs, you may want to hold off till the end of the year.

I am still highly surprised to see that people take into the hype of the Fed tapering so soon.

Bernanke was referring to the unemployment at 7.5% (official funky figures)
to come down to 6.5% before any action et al.

For that to come down to 6.5%, its estimated 200k (?)new jobs to be created between now and sept.
Possible?

 

[Tony Sim]

I am still highly surprised to see that people take into the hype of the Fed tapering so soon.

Bernanke was referring to the unemployment at 7.5% (official funky figures)
to come down to 6.5% before any action et al.

For that to come down to 6.5%, its estimated 200k (?)new jobs to be created between now and sept.
Possible?

Make no mistake, tapering is not tightening, but unfortunately, the bond yield had spiked from a low of 1.6% to 2.7% recently, and had refused to come down from 2.5%. Likewise, REITs, which is "bond-like" investment suffered the correction recently.

Regardless of what we think, the bond market is pricing in the tapering in Sep already. Thus, I do not anticipate another spike in the bond yield to happen when the tapering does occur, nor our REITs will suffer the kind of correction recently.

 

[Bull&Bear]

So meaning to say, bonds will not be as hot selling after tapering sets in. Now is good to go for bonds before taperings?

Other than Reits, any other industry will be affected by tapering? Actually more or less will, lets discuss about the extent shall we?

Make no mistake, tapering is not tightening, but unfortunately, the bond yield had spiked from a low of 1.6% to 2.7% recently, and had refused to come down from 2.5%. Likewise, REITs, which is "bond-like" investment suffered the correction recently.

Regardless of what we think, the bond market is pricing in the tapering in Sep already. Thus, I do not anticipate another spike in the bond yield to happen when the tapering does occur, nor our REITs will suffer the kind of correction recently.

 

[tiny]

Other than Reits, any other industry will be affected by tapering? Actually more or less will, lets discuss about the extent shall we?

I think bank stocks will rally up.

 

[bastogne]

I think bank stocks will rally up.

finance companies stock like singapura finance and hong leong finance will rise too.

 

[Dividends Warrior]

MIT: 2.43 cents

 

[Bull&Bear]

Singapura Finance stock dont really moves much. I ever saw it before. Heh heh.

finance companies stock like singapura finance and hong leong finance will rise too.

 

[lzydata]

They keep doing DRIP which even though in reality doesn't do much to hurt small time investor like me, doesn't make me feel good..

Hopefully the management is planning to expand portfolios or planning in advance for interest rate hikes..

If you do not choose DRIP, you still get your money, but by creating and issuing new units instead of cold hard cash, the REIT can conserve money either for general purposes or to make acquisitions. Even better for the REIT and non-DRIP unitholders if the issuing price is high relative to e.g. NAV. So I wouldn't take DRIP but I will cheer on those who do

 

[bastogne]

Singapura Finance stock dont really moves much. I ever saw it before. Heh heh.

what was the interest rate like when u saw it?

 

[Bull&Bear]

I mean the counter.

what was the interest rate like when u saw it?

 

[bastogne]

I mean the counter.

i mean what was the interest rate environment like when u saw the counter?

 

[Bull&Bear]

Too chim. Dun get it. Anyway, theres somebody asking about Rickmers. Whats ur take? 6 usd quarterly @ .28 per share.

i mean what was the interest rate environment like when u saw the counter?

 

[bastogne]

Too chim. Dun get it. Anyway, theres somebody asking about Rickmers. Whats ur take? 6 usd quarterly @ .28 per share.

don't have much info about Rickmers.

 

[tiny]

been looking at starhill as well during the last 2 months, support at 0.80
below 0.80, you better plan to stop loss.

resistance at $1, failed to break out during early may.

For storytelling purposes since past performances do not determine the future , Starhill Global REIT formerly known as Prime REIT had IPO-ed at $0.98 in 2005 (should be about $1.30 in 2013 dollars). And there was a Rights in July 2009.

 

[simon_84]

For storytelling purposes since past performances do not determine the future , Starhill Global REIT formerly known as Prime REIT had IPO-ed at $0.98 in 2005 (should be about $1.30 in 2013 dollars). And there was a Rights in July 2009.

i do not question the market as it is always right.

same thing as before, cheap stocks will remain cheap for a much longer time than you can imagine.
do not expect a rally like q1 of this year.