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 $4,200/month.

Monday, May 20, 2013

Pricing determined for APTT

Asian Pay TV raises S$1.39b in S’pore IPO | TODAYonline:

'via Blog this'

So it is confirmed that the price is at $0.97 per unit which is at the bottom of the updated indicative range of $0.97 to $1.

Initially, the indicative range was $0.92 to $1 so by narrowing it at the top end seems to say that there is demand for this business trust. However, with the pricing not at the top end of the indicative range shows that people are not willing to pay more to invest in this trust.

Thus, for me, I will not apply for this IPO as my prediction is that its opening price will be about $0.97 if not lower. It is very unlikely that it will move above $0.97. Anyway, I have indicated before in my earlier post, that about 7.4% yield is not appealing especially that there are REITs which are more stable and trading at this yield.

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