Added 16,000 shares of CapitaLand Ascendas REIT at $2.57 on 9 Dec 2024. Reason for buying: 1) Close to 52w low 2) High positive Rental Revision 3) Dividend 5.8% 4) Majority of assets in Singapore 5)  Largest REIT for Industrial industry and 2nd largest in S-REIT ..read more

  Sold 17,500 shares of Keppel DC Reit (KDC) on 25 Nov at $2.36 Total profit (including dividend) is SGD 5957.74 (14.9%) for 2 years 10 months. Reason for selling: 1) 3.9% dividend for my $2.28 entry price In today high interest rate, it doesn't make sense that KDC only paying me 3.9% dividend based on my $2.28 buy price. 2) Data Centre risk profile increases There are a few high profile data center tenants bankruptcy news which affected a few major DC players, including Keppel Data Center. As such, data center REIT are not that safe heaven as what many thought would be.  KDC wa ..read more

  Wef from 1st Nov 2024, you can collect your VEP RFID tag in Paradigm Mall. Mistake 1: Do not enter the first parking entrance. Instead, turn right and drive toward the Hotel parking entrance. Continue drive straight all the way Turn Left into the Hotel carpark Drive very slowly. Steep slope from Level 1 to Level 7. Look like Roller coaster scene right? :p Mistake 2: DO NOT join the Q first. You need to get your documents verified at the VEP counter. If you are alone, park your car and walk toward the top left corner of the mall entrance (near Level 7 cinema ..read more

  Sold 10,000 shares of CapitaLand Investment (CLI) on 21 Jun at $2.66 Total profit (including dividend) is SGD 2819.94 (11.33%) for 2 months. Reason for selling: 1) Growth stock  As mentioned when I bought it on 18 Apr, CLI is a growth stock rather than dividend stock. Thus, wont be holding it for long term. CLI only declare dividend once per year. 2) Daily share buyback but share price going sideway I agree that CLI is currently undervalue. Thus CLI had been performing "almost" daily share buyback since they announced their financial report. With this daily share buyback ..read more

  Added 10,000 shares of CapitaLand Investment (CLI) at $2.48 on 18 Apr 2024. Reason for buying: 1) 52w low Trying my luck to queue at $2.48 when the share price was hovering around $2.52 at that time. Their restructuring launch price was $2.95 on 20 Sep 2021 2) Share buyback in Jan 2024  CLI did 11 days of share buyback in Jan 2024 alone.  The share buyback price range between $2.90 to $3.01 3) 12 cents Dividend   At my buy price of $2.48, 12 cents dividend is 4.8% going XD on 2 May 2024. Although the dividend is nothing to shout out loud, I will treat it as a ..read more

  Sign up Lendlease app can get $20 evoucher for free to use at Lendlease shopping malls (Jem/ Parkway parade / PLQ / Somerset 313)   1. Download Lendlease app   2. Sign up and use referral code 'gW7Gjt' when signing up or click on this link: https://lendleaseplusapp.page.link/LA5vHit7FaevNSZs5 Can be use in shops such as NTUC / IKEA / Donki ..read more

  Lendlease REIT held their AGM on 31 Oct 2023 at 2pm. Shareholders questions were answered before the actual AGM. You can view Lendlease REIT responses here. For the AGM slide, you can view them here. There is nothing special in the AGM slide, so will skip that. In general, today AGM is quite peaceful as the questions asked in the AGM are quite friendly and Mr Kelvin Chow (CEO) did answer each and every questions well. Well Done Mr CEO :D Note: What puzzle me is CFO is not seated on stage, not sure if he is present today. Million dollar question: Will there be any rights i ..read more

  Added 27,000 shares of CapitaLand Integrated Commercial Trust (CICT) at $1.88 on 21 Sep 2023. This bring my total shares of CICT to 41,000. Reason for buying: 1) Similar to why I buy it on 2 Mar 2023 2) Anchoring effect on price at $1.88 The anchoring effect is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the “anchor”) when making decisions. During decision making, anchoring occurs when individuals use an initial piece of information to make subsequent judgments ..read more

  Added 11,000 shares of Lendlease at $0.65 on 10 Jul. In total, I own 86,600 Lendlease shares (Including the DRP of 1600 shares in 30 Mar) Reason for buying:   1) Dividend Yield 7.5% Semi annual payout. Next XD will be in Aug 2023 2) PB 0.83 3) Acquire 10% stake in Parkway Parade Although I would prefer they acquire Paya Lebar Quarter (PLQ) instead of Parkway Parade. Nevertheless, it is a good start to have 1 new asset in the portfolio as long as it is DPU accretion. With direct linkway to upcoming Marine Parade MRT station (TEL) next year, this will drive more shopper traff ..read more

  Added 3,000 shares of Link Reit on 9 Jun at HKD47.40 Reason for buying: 1) Near to 5 years low (Even lower than during Covid) Link Reit is the largest REIT in Asia by market capitalisation Image from Proposed Merger of MCT and MNACT (Apr 2022) I believe one of the main reason for this giant to trade at such low price now is mainly due to Rights Issue in Feb 2023 at 29.6% discount to last trading price (Link). This resulted in lower dividend % due to enlarged share numbers. Nevertheless, the Rights Issue is 240% subscribed (Link). 2) Dividend 5.69% This time round, t ..read more