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

Week 2 Highlights: CityDev, ARA LOGOS Rights & SPH Reit Dividends

STI finally broke through the 3000 points barrier yesterday. However, it did not make as much progress as previous week. The banks were subdued after a spectacular run last week. The winners this week were surprisingly the mid and small cap stocks. They gained almost 3x more compared to their bigger and bluer brothers. They … Continue reading Week 2 Highlights: CityDev, ARA LOGOS Rights & SPH Reit Dividends

Nervy but Good Start to a New Year, so I Sold and Strengthen my Warchest

First full trading week of the year has come and gone. What a week! The missile attack by Iran on US bases in Iraq on Monday was a "bombshell" (pun intended). Market went down sharply at the start but surprisingly, it recovered by the end the day. Volatility was written everywhere in the market. If … Continue reading Nervy but Good Start to a New Year, so I Sold and Strengthen my Warchest

Couldn’t resist the temptation … I touched even the untouchables!

First, I like to thank all the subscribers who have signed up for regular updates from this blog. This week, the number of subscribers surpassed 200! Thank you all for your support and I hope you will continue to find this blog relevant to your investment and F.I.R.E journey. It is another incredible week again! … Continue reading Couldn’t resist the temptation … I touched even the untouchables!

SPH Reit DPU Steady as a Rock but Risk has also increased

The headline of SPH REIT's press release last Friday read "SPH Reit 2Q 2019 Distribution Income 2.5% Higher Year-on-Year". However, looking into the numbers, the cash distribution available was only up 1.0% and the DPU increase was even smaller at +0.4%. This is despite SPH Reit increasing the "cash payout ratio" from 96.8% last year … Continue reading SPH Reit DPU Steady as a Rock but Risk has also increased

SPH Reit: Is Declining Occupancy starting to Bite?

The headlines from their latest Media Release last week screamed “SPH REIT delivered steady distribution. 1Q 2019 DPU held steady at 1.34 cents. Figtree Grove Shopping Centre – yield-accretive acquisition in New South Wales, Australia”. As an income investor, I am naturally happy. But is everything so rosy for SPH Reit? I somehow didn’t feel … Continue reading SPH Reit: Is Declining Occupancy starting to Bite?

SPH Reit’s Dividend, the only silver lining in a bloody day

What a bloody day at the local and regional markets! Everything seems to be in the red though we saw some rebound close to end of the day. So, what did you do on this bloodshed day? I sold and bought .... LOL. Sold my M1 and bought DBS when it dropped 3%.Been eyeing it … Continue reading SPH Reit’s Dividend, the only silver lining in a bloody day

CapitaLand Retail China, my latest target!

Capitaland Retail China (CRC) at the current price is now my latest target. This conclusion is based on my evaluation of the current yield of selected Reits relative to the last 3-5 years historical yield performance. See chart below. In my "similar" post last month, I mentioned I was attracted to Starhill Global Reit (SGR) at 66.5 … Continue reading CapitaLand Retail China, my latest target!