opy started a poll
252 K

Rise Of REITs 

1H19 is pure madness for REITs. I am one of those that missed the boat. Though I am still holding counters such as $ESR-REIT(J91U.SI), $Frasers L&I Tr(BUOU.SI), $AIMSAMP Cap Reit(O5RU.SI), $First Reit(AW9U.SI) and $Mapletree Ind Tr(ME8U.SI). Wish I have not exited on $Ascendas Reit(A17U.SI), $Keppel DC Reit(AJBU.SI), and $CapitaR China Tr(AU8U.SI). Well, life goes on. 

They're flying like no tomorrow... A quick look shows my favorites have on average gone over 24% between 02 Jan and 05 July this year.

TA wise, most done their cycles. I see little upside in the short term. Only $ParkwayLife Reit(C2PU.SI), I saw a Bull Flag pointing at 3.3 next. That's another 10%. Imagine what will be the yield like? Crazy is the only word I have. 

I downloaded a list of 747 counters in SG. Noted some data field are empty. And I am unsure how they calculated the yield e.g. TTM or based on 2018 exclude special etc. Yield for counters less than 12 months likely included only actual dividend to date.

Started playing with the data available. Filtered off counters less than 300m in Market Cap, less than 3% Yield, with negative Net Profit/ROE, and D/E more than 200%. With few exceptions here and there. 

Searching for REITs over 6% yield but found very few options. Of the SGD counters, I have First and ESR. Not really keen to add any of these at current price level.


Next for REITs with 4-6% yield, I noticed my favorites are quickly going down the list. Ascendas at 4.32, $Mapletree Log T(M44U.SI) at 4.36, and Mapletree Ind 4.41. My choices are very limited again. Eyeing on Frasers L&T and may be $Frasers Com Tr(ND8U.SI)


Looking further down to REITs below 4%. I can see my hope fading away... Keppel DC, $CapitaMall Trust(C38U.SI), $Mapletree Com Tr(N2IU.SI), $Frasers Cpt Tr(J69U.SI), and ParkwayLife. Btw, I think $Sasseur Reit(CRPU.SI) will move up the list when full year dividend is available. 


It is not very encouraging when I am trying to build my portfolio around solid high yield counters. 

I turned to non REITs counters. Found few interesting ones with over 4% yield now like $DBS(D05.SI), $Frasers Property(TQ5.SI), $SingTel(Z74.SI), and $VICOM(V01.SI) among others.


More choices if I am willing to go below 4% yield. Counters such as $ComfortDelGro(C52.SI), $OCBC Bank(O39.SI), $UOB(U11.SI), $Jardine C&C(C07.SI), $SIA(C6L.SI), and $Sheng Siong(OV8.SI)


Many questions in my head. Should I:

- Start to accumulate anyway? 
- Wait for the long waited mega crash? 
- Buy other solid Blues with similar yield while continue to wait? 
- Trade for now while waiting for solid REITs to return? 
- Sit back relax eat popcorn watch show first? 

The biggest challenge and most interesting part of investment to me is - there is no one approach that fits all. I will have to continue explore and figure it out. What works best for my situation.

A long story on what's in my head trying to figure things out for myself. A mediocre as I am, my investment journey continues and as my snail-slow learning.

Do share your wisdoms generously, how you do your thinking? 

Readers and contributors to this post, wish you a very Huat 2H19. Cheers. 

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1. Start to accumulate anyway
13%
2. Wait for the long waited mega crash
12%
3. Buy other solid Blues with similar yield while continue to wait
33%
4. Trade for now while waiting for solid REITs to return
5%
5. Sit back relax eat popcorn watch show first
37%
187 votes
Final Results
75 likes
319 comments
LFO

CMT good recovery. Most impressive despite the selldown.

LFO

Reply to @opy : So much buying at 2.64 few days back.

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bacon

CMT is getting interesting 🤔🤔🤔

bacon

Reply to @LFO : Thanks. With a bit of FA/TA and lots of luck. LOL

  View More Replies
leelouis

au8u dividend when ex date? any idea?

opy

Reply to @leelouis : like not declared yet leh

Dividend_Warrior

Continue to milk my cash cows 🍼🐄🐄

opy

Reply to @Dividend_Warrior : i like milk cows too sir

minx99

Interest rates will be staying low for a very long time. Just like mosquitoes thrive in a hot humid environment, Reits thrive well in a low interest rate environment. If you are luckily holding onto blue chip reits, do not be frightened by the fear mongers here who are trying to get you to sell them so they can get their hands on it. There is ample room for growth in the blue chip reits still. Stay focused on your investment objectives, do not get conned into releasing your golden goose...🙄

leewe

Reply to @minx99 : Best is “lock them away” after buy. So no chance to sell into noises

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Zenman8

Despite news of rate cut, reits has been steadily declining the last weeks becos of builtin expectations.
So now that Feds has cut rates, there is no more news to look forward to

CoryLogics

Reply to @Zenman8 : more due to ex-dividend gong on

bacon

Need more selling power. Come on!

GreatChild17

sudden rebound back

DareDevil

Buying opportunity finally arrives.

Sporeshare

Reply to @DareDevil : Not yet! Need to see more correction

Sporeshare

Reits likely to fall. Ramp up so much ahead of rate cut . Is time to see correction..CCT 2.04, CMT 2.60, AR 3.04

View More Comments (64)

Recommended & Related Posts

opy
7.82 K

Weekend Chit Charts

- 2019 September 13  

A pretty interesting week to me, seeing some Greens. Now that the two big boys gonna talk in October and next rate cuts decision near, we can hope for some calmness.

Sharing counters of my interest with highly biased view. Happy to hear your view so do drop by chit Charts when you have a minute. Meanwhile, enjoy quality time with family. Cheers.


SG Stocks
$AEM(AWX.SI) - bright Greens my targets.



$UMS(558.SI) - thick Black can break?



$Valuetronics(BN2.SI) - been sideway for sometime now.



$Venture(V03.SI) - hope is in the air, if it passes thick Black.



$APAC Realty(CLN.SI) - finally got pulse today.



$PropNex(OYY.SI) - narrowed. give me 55 pls.



$Chip Eng Seng(C29.SI) - 63 rights? why bother?



$Frasers Property(TQ5.SI) - still waiting for better entry but i might miss the boat.



$DBS(D05.SI) - my 22-23 still not in sight.



$SingTel(Z74.SI) - looks better, next 3.3?



$HRnetGroup(CHZ.SI) - surprised volume. should see 64, 66.



$China Sunsine(CH8.SI) - green shoots.



$Japfa(UD2.SI) - look great but technically, needs above Blue.



Reits 
$Ascendas Reit(A17U.SI) - 2013 last it went so high above thick Black. it always come  home to thick Black at some point.



$ESR-REIT(J91U.SI) - still not looking good, need above thick Black. might need to use base Red.



$First Reit(AW9U.SI) - managed to bounce back. 1.1 critical. rate cut and weaker dollar likely will help.



$Frasers Com Tr(ND8U.SI) - double top pointing thick Black? dare to dream.



$Frasers L&I Tr(BUOU.SI) - missed 116. now hope it does not pass 125.



$Keppel DC Reit(AJBU.SI) - will you buy now if you are to keep for long term?



$Mapletree Com Tr(N2IU.SI) - when will i ever catch it again? 



$Mapletree Ind Tr(ME8U.SI) - does not look tire yet. heng i have some alreadi. 



$Mapletree Log Tr(M44U.SI) - let's see if double top possible.



$Mapletree NAC Tr(RW0U.SI) - should not have missed that opportunity.



$Sasseur Reit(CRPU.SI) - boxed.



MY Stocks
$CIMB(1023.MY) - i better be right.



$CMMT(5180.MY) - not an easy one to break but if it does...



$GENM(4715.MY) - round bottom. but xD coming. please stay above thick Black.



$MAYBANK(1155.MY) - xD gonna hurt. but base formed.



$SCIENTX(4731.MY) - lower lows lower highs.



US Stocks 
$BBIO - added last night around 25.5.


$BHC - I am in around 21. but i don't like it broke back below thick Black.

$CTL - my average around 12. nice breakout but thick Black pls hold.

$EIDX - double top potential. keen eyes on purple.

$ENDP - i will be very happy at Green. no bao-jiak.

$RUN - i am in around 15. not a good entry. hope for luck.

$SQ - i SL below Amber.

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opy
23.1 K

MCT ah MCT, give me another chance and I will never ever let you down again, pray...

As I need to hedge my meal cost 😄

$Mapletree Com Tr(N2IU.SI)

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opy
52.1 K

Weekend Chart Update

- 2019 August 09
A short week but a very exciting one. Dow did a near 800 points dive. Have not seen it for a while. But there is no follow through, yet. Further reduced AEM in prep to feed my itchy fingers. And as usual, she went north. LOL. Btw, will post Reits separately.
A long long weekend, wish all have good rest and have fun in anything you choose to spend time on. Cheers.

SG Stocks
$AEM(AWX.SI) - I chicken out. She bounced at key support. With solid earnings, she's heading north.

$UMS(558.SI) - Last line at 55, I will be keen to add.

$Valuetronics(BN2.SI) - would have added if not have eyed Reits.

$Venture(V03.SI) - broken key trend line supports. her chance back north is slip now with less inspiring earnings.

$APAC Realty(CLN.SI) - well, p&d indeed. now back on support line.

$PropNex(OYY.SI) - final thin line support.

$Chip Eng Seng(C29.SI) - sad.

$Frasers Property(TQ5.SI) - something weird about her yesterday. her closing... 1.75 to 1.83. did you see it?

$DBS(D05.SI) - struggling right below thick Black. i will wake up below 24. 

$SingTel(Z74.SI) - broken finally. few more supports ahead. let's see what she's made of.

$HRnetGroup(CHZ.SI) - one of those with slow death in making?

$China Sunsine(CH8.SI) - she last kissed 200wma was 3.5y ago. power.

$Japfa(UD2.SI) - broken.

$ThaiBev(Y92.SI) - heading south.

$YZJ Shipbldg SGD(BS6.SI) - that long red bar hurts. i don't think she will be titanic2.

MY Stocks
$GENM(4715.MY) - BBs steady. Classic p&d. Now she has to start all over again. Monitoring 3.08 closely.

$MAYBANK(1155.MY) - broken and struggling.

$SCIENTX(4731.MY) - didn't add around 8.3.

US Stocks
 $CTL - earnings dented her recovery. i don't like that volume.

 $EIDX - game over! BridgeBio, hainz...

 $ENDP - alright, doomed. long winter continues.



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opy
16.6 K

Weekend Chit Charts - I am Watching YOU

- 2019 September 07

Quick sharing on few counters I am watching for actions if opportunity arrives.

Which are the counters you have been "Bio-ing"? Have a great weekend and do drop by chit charts.


$Frasers Property(TQ5.SI) - few lines to watch, looking struggling mid term.



$HRnetGroup(CHZ.SI) - done with falling for now, volume arrives looking at 65.



$China Sunsine(CH8.SI) - breaking bottom blue line looking for Thick Black Bounce.



 $ENDP - purple my life line.



$First Reit(AW9U.SI) - looking to reduce trading position at one of the green lines.



$Frasers L&I Tr(BUOU.SI) - 3rd time shy.



$Mapletree Com Tr(N2IU.SI) - not daring to chase.



$Mapletree NAC Tr(RW0U.SI) - yes, i missed that opportunity.


$HongkongLand USD(H78.SI) - broke below Thick Black and few more support lines. Found short term base. Next challenge Pink Lady. 


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opy started a poll
24.1 K

Your Plan For An Exciting Week Ahead?

- 26 to 30 August 2019

Potentially an exciting week ahead due to US-China Trade War escalation. Dow down over 600 points. Now Trump said he's had second thoughts.

I am going to focus on my targets such as $Mapletree NAC Tr(RW0U.SI), $DBS(D05.SI), $Frasers Property(TQ5.SI), Bursa $SCIENTX(4731.MY), $CIMB(1023.MY), US $CTL, $ENDP, and $SQ.

May consider to offload $AIMSAMP Cap Reit(O5RU.SI) and $ESR-REIT(J91U.SI) for better counters.

So what's your plan for the next few sessions?

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