SPH Reit Yield is Back

SPH Reit released their full year results yesterday and its DPU performance is BACK ! It announced a DPU of 1.58 cents for their last quarter before closing their book. This is a 14% increase from the DPU from the previous quarter. Their full year DPU also raised 98% year-on-year to 5.8 cents. This translates … Continue reading SPH Reit Yield is Back

Awful Sep but good days ahead likely in Oct, Nov, Dec and Jan

Sep has been an awful month. Major stock markets around the world declined significantly. Even the US markets which have been on a phenomenal and relentless upward climb also crumbled. S&P dropped almost 5% in Sep alone. In the other two markets that I am vested in - HK and SG, they were no exceptions. … Continue reading Awful Sep but good days ahead likely in Oct, Nov, Dec and Jan

I am even more cautious with AA Reit now

The deal looks done - AIMS APAC Reit announced that it had entered into a contract for sale agreement to acquire Woolworths Headquarters. The purchase consideration was S$454 mil and the site is fully leased to Woolworths Group Limited. The Initial Net Property Income (NPI) yield is 5.17%. I spoke about this possible acquisition in … Continue reading I am even more cautious with AA Reit now

Impressive Track Record – Keppel DC Reit !

A fellow member in our telegram group asked: "For Keppel DC Reit, I bought some (at) $2.55 and my average price went up. Actually would averaging up make sense?" This question came as we were discussing about the merits nof averaging down Keppel DC Reit if its price share would come down further. Instinctively, I … Continue reading Impressive Track Record – Keppel DC Reit !

Falling HK + Marching towards Dividend Yield Target

Hong Kong market feels like a Falling Knife - Invest with Care Hong Kong market continues to underperform versus Singapore and US markets. We saw a 5.8% loss in Hang Seng index last week as investors continued to be spooked by China regulatory crackdown on the large online companies and fearing that it would spread … Continue reading Falling HK + Marching towards Dividend Yield Target

Wk 28: Dividends from SPH Reit was the Highlight!

Was extremely delighted to see that SPH Reit increasing its quarterly dividend distribution again! Below is the chart from SPH Reit that shows the profile of its dividend distribution in the last seven quarters. Understandably, COVID19 had hit it and its shareholders hard in 2020. We had to accept 1/4 of the typical quarterly dividend … Continue reading Wk 28: Dividends from SPH Reit was the Highlight!

Wk20: Ahead of Schedule – Overseas Holding hits 28%

As the saying goes, change is the only constant. In the early part of this year, SG market has been outperforming the rest. But from my last blog to today, SG market is the worst performer among the 3 markets that I track closely. STI lost 4%, HK Hang Seng lost 3.5% and S&P was … Continue reading Wk20: Ahead of Schedule – Overseas Holding hits 28%