Welcome

Welcome to my investment blog where I share with you my analysis of REITs in Singapore.

I hope that my investment philosophy will bring me a steady stream of income apart from my job. I am aiming for at least $3,000 per month which can sustain the current expenses of myself and my family.

Do enjoy reading my blog and post any comments that you have. I welcome them because it is a time to learn from each other.

When I am looking at investing in REIT, here are some of the guidelines that I am looking at. Feel free to comment on it. I am willing to listen to ideas.

-> at least 8% yield.
-> Price that is lower than its NAV.
-> Low gearing (if possible)
-> High secured NAV.

Current Dividend income is $3,800/month.

Monday, April 25, 2011

Analysis of AIMSAMP REIT

Current Price on 21st Apr 2011 = $0.21
  • Current Yield = 10.29%
  • Price-to-book Ratio = 0.745
  • Assets per unit = $0.427  
  • Debt per unit = $0.145
  • Gearing = 34.0%

AIMSAMP recently announced their results which is an increase in its DPU. This lead to an increase in current yield to 10.29% which is very commendable and comparable to the high yield which Cambridge is offering.

AIMS AMP has met all my requirements for a long-term investment i.e. high yield, discount-to-NAV price, average gearing. This is still one of the top picks among the REITs that I am holding on.

Current NAV price at $0.27 will be my exit price. My investment philosophy is that as long as the price is beyond NAV, it is not attractive and its price is based on other factors which I don't consider. In any case, it has to move up by almost 35% which is a lot. 

Currently still holding on to what I have at the moment. If I have extra money, then  I consider.
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