[Official] REITs CD tracking thread

[felixleong]

When rate hike comes, 7% div yield like hospitality and industrial reits tend to get hit first in a sell down, then follow by 6% commercial reits, finally 5% retail reits.

Ya when rates go up, bonds and reits will come down

 

[felixleong]

then u betrayed your ideals, you said u not going to buy reits

At current levels i definetly not buying reits, many are at 52 weeks high and much above book value

Cap mall and ascendas reit i like, but they both at 1.2 times book, if drop 20% to one times book then i will buy.

Overall i not positive on reits because interest rates will be going up, thus hurting their borrowing cost.. For blue chip reits like cap mall and ascendas, due to their strong credit rating i think even when rates move up they should still be able to borrow cheaply

 

[havetheveryfun]

At current levels i definetly not buying reits, many are at 52 weeks high and much above book value

Cap mall and ascendas reit i like, but they both at 1.2 times book, if drop 20% to one times book then i will buy.

Overall i not positive on reits because interest rates will be going up, thus hurting their borrowing cost.. For blue chip reits like cap mall and ascendas, due to their strong credit rating i think even when rates move up they should still be able to borrow cheaply

nope.. I mean earlier u said u not into reits.. wont touch reits in ur portfolio

 

[felixleong]

nope.. I mean earlier u said u not into reits.. wont touch reits in ur portfolio

Nothing is forever de la
At that point of time no, but if reits become cheap of course will consider la
Zzzzzz

 

[felixleong]

then u betrayed your ideals, you said u not going to buy reits

The way u talk very aggressive, if u continue like this i will put u in ignore list

 

[dr3amgawd]

I still waiting for CMT and ascendas reit, 1 times book value I will go in heheheehe

still love blue chips

Good choice on ascendasreit. Been giving me nice returns over the years

 

[tiny]

I thought FCOT annual report printed big big no need financing until 2016. Then no need scare about interest rate hike for this REIT mah?

 

[simon_84]

Ya when rates go up, bonds and reits will come down

actually reits is not that badly affected but prepare to expect at least 30% paper loss from their 52 weeks high price.

 

[simon_84]

I thought FCOT annual report printed big big no need financing until 2016. Then no need scare about interest rate hike for this REIT mah?

this is subjective, need to see the whole basket of commercial reits are hit a not...the market is after all irrational.

 

[Asphodeli]

this is subjective, need to see the whole basket of commercial reits are hit a not...the market is after all irrational.

Yup. They could just refinance with European banks with lower interest rates lor. alternatively they can do placement or rights issue.

 

[felixleong]

that's why when buying reits must check their debt portfolio
those smart management would lock in the low rates now with long maturity and fixed rate debt

red flag are those with floating rates and short maturity

so not all reits will be badly affected by higher rates, in general sense the answer is yes but in individual sense really depends on how well the reit is managed


cheers

 

[Keverus]

The way u talk very aggressive, if u continue like this i will put u in ignore list

relac la, i think he playing around with u nia la.

 

[felixleong]

relac la, i think he playing around with u nia la.

oh ok thanks haha
maybe wahkao made my blood pressure too high
LOL

 

[simon_84]

SuntecREIT abit high now.....

divest at 2.01

 

[Squaredot]

CACHE LOGISTICS TRUST Q4 DPU $0.02146
XD 2/2/2015
Payment date 27/2/2015

 

[spiritGate]

CACHE LOGISTICS TRUST Q4 DPU $0.02146
XD 2/2/2015
Payment date 27/2/2015

Didnt vested but good for all those who will be receiving dividends

 

[doody_]

CACHE LOGISTICS TRUST Q4 DPU $0.02146
XD 2/2/2015
Payment date 27/2/2015

$0.00006 more than I expected, hope this will help push its price up a bit... been lagging behind for a while.

 

[Bedokian]

$0.00006 more than I expected, hope this will help push its price up a bit... been lagging behind for a while.

Vested in this REIT due to my call on the importance of logistics in e-commerce. The addition of the upcoming DHL centre should be able to ramp the price up.

 

[doody_]

Vested in this REIT due to my call on the importance of logistics in e-commerce. The addition of the upcoming DHL centre should be able to ramp the price up.

I was just thinking if I should get rid of this and look for another logistics REIT...

 

[simon_84]

I was just thinking if I should get rid of this and look for another logistics REIT...

another close counterpart is probably mapletree log.
i would prefer to keep one with local assets than overseas.
used to own cache before cutting loss.

for the fear of this rule, an expiring foreign income exemption regime:
Is the path ahead bumpier for Singapore-listed REITS? | KPMG | SG