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, October 31, 2011

Updates on Current Holdings

With the current purchase, I am updating the statistics of my portfolio. This include some (negative) revisions on the distributions. I admit that I was too optimistic then. (Have to watch myself and be more conservative)
Current statistics include the rights issue which I will be subscribing so that it reflects the right portfolio. (As of 27th October 2011)
  • Projected Distribution for Year 2012 = $5,740 (which is $480 per month)
  • Projected Yield = 8.806%  
  • Assets = $167,780
  • Liabilities = $68,000
  • NAV = $99,024
  • Secured Assets = $13,200
  • Current Market Value = $64,579
  • Market Value-to-book Ratio = 0.6522

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2 comments:

  1. ES SeiNovember 22, 2011 at 8:43 AM

    Great. I think you have found your own niche. Specialising in certain area has a better chance of success. Good luck.

    ReplyDelete
  2. jc.education.sgNovember 27, 2011 at 5:47 PM

    Hi ES Sei, many thanks for your well wishes. Hope you enjoy my blog and analysis.

    ReplyDelete

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