Current Price on 15th Jan 2020 = $0.78 Yield = 4.67%   Price-to-book Ratio = 0.896 Assets per unit = $1.417 Debt per unit = $0.546 (including current liabilities, perpetual securities and non-controlling interest) Gearing = 38.5% Secured NAV = $0.871 (111% of trading price) I sold Far East Hospitality Trust sometime last year and I have to say that I regret it a lot because ever since I sold it, it has been heading north. Here are the statistics. With current yield of 4.67%, it is much lower than most REITs in the market. However, one attractive factor is that their secured NAV is ..read more

Current Price on 31st Dec 2019 = $0.225 Estimated Data after Divestment Yield = 8.96%   Price-to-book Ratio = 0.721 Assets per unit = $0.725 Debt per unit = $0.413 (including current liabilities, perpetual securities and non-controlling interest) Gearing = 57% (Classifying perpetual securities as debts) Secured NAV = $0.312 (137% of trading price) LMIR has recently announced that they plan to sell two of their malls at a discount to their NAV. Both their NAV and their Yield fell which is quite natural actually because of their assumption of placing the $120 million in fixed deposi ..read more

Hi everyone, It has been a long while since I blog about my investments. It has really been a busy year and somehow blogging about my investments took a back seat. However, I am still monitoring my investments but not as frequent as I should. There are missed opportunities which I am just thankful that I did not lose money. 2019 has been a good year because apart from the passive income that I am getting, I have also some capital gains which I am really thankful for. Here are the details. Overall Capital: $423,000 (An increase of about $43,000) Passive Income: $48,000 (About $4,000 per mont ..read more

This is just to let everyone know that there is another investment fair which is coming up on 17th Aug to 18th Aug. It is call INVESTFAIR 2019. Well, it would be great to invest your time in yourself through this fair to gain knowledge and wisdom. And It's Free! Moreover, if you pre-register (before 15th August), you get a free investment ebook. Here are the details INVESTFAIR 2019 Date: 17th Aug 2019 - 18th Aug 2019 Venue: Suntec Singapore. Registration website: http://sg2019.invest-fair.com/register It could just be the greatest investment that you can make. So do sign up if yo ..read more

Current Price on 15th July 2019 = $1.26 Yield = 4.41%   Price-to-book Ratio = 0.962 Assets per unit = $2.223 Debt per unit = $0.914 (including current liabilities, perpetual securities and non-controlling interest) Gearing = 41.1% Secured NAV = $1.309 (103% of trading price) It has been a while since I research on Keppel REIT. I remember it was one of my anchor investments a few years back. But I have sold it long time ago and never look back. They are a big REIT in terms of assets and market capitalization. Now I just want to take a look and see how far it has come. With a yield ..read more

Current Price on 15th June 2019 = $1.58 Yield = 5.12%   Price-to-book Ratio = 1.35 Assets per unit = $2.23 Debt per unit = $1.06 (including current liabilities and perpetual securities) Gearing = 47.5% Secured NAV = $1.17 (74% of trading price) One of my friends messaged me saying that he has bought into Mapletree Logistics Trust and it prompts me to just take a look at it. MLT's share price shot up by a lot recently from $1.23 at the start of the year to its current price at $1.58. I took time to look at the statistics of this REIT. Their yield is now at 5.12% which is quite low ..read more

Current Price of OUE Hospitality Trust on 15th June 2019 = $0.705 Yield = 6.70%   Price-to-book Ratio = 0.94 Assets per unit = $1.233 Debt per unit = $0.483 (including current liabilities and perpetual securities) Gearing = 39.2% It has been a while since they have announced their merger with OUE Commerical Trust. It seems that the market does not really like the deal so the price of both REITs went down. I have made a calculation on the statistics about what happens after the merger and here it is.  Firstly, every 1,000 shares (which cost $705) will give you 1,358 shares of ..read more

Current Price on 30th May 2019 = $0.215 Yield = 10.23%   Price-to-book Ratio = 0.718 Assets per unit = $0.712 Debt per unit = $0.412 (including current liabilities and perpetual securities) Gearing = 57.9% LMIR is an Indonesian REIT which has a lot of bad news because of its parent trying to raise cash, which leads to LMIR acquiring property from Lippo Group. Details of the funding are still not out yet. But let's take a look at the statistics currently. With a yield of 10.23%, it is the highest yielding REIT on SGX and it is very difficult to have acquisition can be yield accreti ..read more

Current Price on 30th May 2019 = US$0.70 Yield = 9.13%   Price-to-book Ratio = 0.795 Assets per unit = $1.541 Debt per unit = $0.66 (including current liabilities) Gearing = 42.3% Eagle Hospitality Trust has just been listed at a price of $0.78. It is under-subscribed which means there is very little demand and it is natural that the price dropped to US$0.70. However, now at this price is it very attractive? Let's take a look at the statistics. The current yield is at 9.13% which is extremely high. Only LMIR has a higher yield but it is based in Indonesia while Eagle Hospitality T ..read more

***This is a sponsored post. And this is probably the first time you see such a post here :-)*** I would like to share an upcoming REITs Symposium where we can get to learn and know more about REITs directly from the people in the industry. Date:18th May 2019, Saturday Time: 9am to 6pm Venue: Sands Expo and Convention Centre, Level 4, Roselle Simpor Ballroom Price: As below. Just some more info for you to know what to expect. - Guest of Honor will be Mr Loh Boon Chye, CEO of SGX - More than 75% SREITs will be present - Face time with the REITs managers - Panel discussi ..read more