[Official] REITs CD tracking thread

[SpinFire]

Was looking through the REITs valuation. Noticed that all the industrial REITs are trading ~1x P/NAV except for MapleInd/MapleLog/Cache trading at 1.2x P/NAV. The Maples have such a big premium.

 

[simon_84]

can't wait for this month end

 

[teerance85]

can't wait for this month end

Same here! cant wait too!

 

[bhalimking]

can't wait for this month end

Can't wait for it as well

 

[neanea]

can't wait for this month end

Why????????

 

[Panerex]

Nov usually bad Month for stocks?

 

[simon_84]

Nov usually bad Month for stocks?

does it look like a bad month for reits ?
i expect plife to have a sell down like last year, but didn't happen.

Why????????

this is a reit CD thread, of course we are waiting for CD at the end of this month.
reit investors tend to be the happiest during Q4 CD distribution.

 

[bigpelican]

no more update at 1st post

 

[simon_84]

CMT, FCT & first reit div all in !

 

[Dividends Warrior]

CMT, FCT & first reit div all in !

Rejoice!

Merry Merry Christmas to everyone!!!

 

[Dividends101]

CMT is good!!!

 

[Bedokian]

A jolly good year ahead.

SPH REIT announcement - 12 Jan 2015.

 

[simon_84]

First REIT’s 4Q14 results will be released on Thu, 15 Jan 2015. (26 Dec)

 

[simon_84]

Was looking through the REITs valuation. Noticed that all the industrial REITs are trading ~1x P/NAV except for MapleInd/MapleLog/Cache trading at 1.2x P/NAV. The Maples have such a big premium.

spent the early part of last year cutting losses for the maples before they all shoot up again in April.
the maples need to enter as low price as possible so as to avoid paper loss during a major sell down such as in june~aug in 2013.

 

[addict951]

Anybuttie noticed Paragon reit rike showing signs of bearishness while Maples Ind and Log all rike BURSTing anytime soon???

FR also rike slowly bursting rike that.

Jin fast, paragon reit next Wed CD riao.

 

[doody_]

spent the early part of last year cutting losses for the maples before they all shoot up again in April.
the maples need to enter as low price as possible so as to avoid paper loss during a major sell down such as in june~aug in 2013.

Held on to paper losses for a while due to entering at a high price... thankfully they are going up now...

 

[Bedokian]

Anybuttie noticed Paragon reit rike showing signs of bearishness while Maples Ind and Log all rike BURSTing anytime soon???

FR also rike slowly bursting rike that.

Jin fast, paragon reit next Wed CD riao.

It is trading 11% above its NAV. If it is bearish towards the NAV, I may scoop up more.

Vested.

 

[spiritGate]

How do you guys rate these three reits:

1) First Reit
2) AIMS AMP Capital industrial
3) Ascendas Real Estate

 

[simon_84]

Held on to paper losses for a while due to entering at a high price... thankfully they are going up now...

lucky you...i only held on to suntec and first reit, as their paper loss too heavy to cut.
suntec recovered but first reit i need to average down again

 

[Dyhalt]

How do you guys rate these three reits:

1) First Reit
2) AIMS AMP Capital industrial
3) Ascendas Real Estate

They are all high div yield REITs, but here is my humble opinion

1. I don't like the idea First Reit is trading at over 20% to NAV, besides, depreciation in Indonesia Rupiah is probably going to impact its future distribution. However hospital REITs have always been stable & its valuation is still better than ParkwayLife REITs. I will hold if I have existing shares but won't add to position at current valuation.

2. Yes Industrial REITs have good div yield to compensate for the shorter leases, its trading below NAV and decent gearing. I'm sitting on the fence on this one. I'll probably add some position if I want to increase exposure to REITs, the yield is nice but should SG interest rate start to climb I'll cut exposure immediately.

3. Ascendas, 80% of revenue generating sources are in countries with their currency battered badly (Especially Australia & Japan). Trading below NAV does not compensate for the risk taken for currency depreciation & high gearing in my humble opinion.

In short, I'll only buy AIMS if I only have these 3 choices, with exit strategy planned. Cheers