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.

Thursday, November 24, 2016

Analysis of Global Investment Limited

Current Price on 21st Nov 2016 = $0.133
  • Yield = 11.28%  
  • Price-to-book Ratio = 0.68
  • Assets per unit = $0.204
  • Debt per unit = $0.008 (including current liabilities)
  • Gearing = 4.1%
  • Secured NAV = $0.196 (147% of trading price)
Global Investment Limited has always been in my radar but it just happen that I did not blog about it. Converting all my dividends into shares increased my holdings to 737,000 shares which is huge and it is currently worth about $100,000. Let's take a look at the statistics.

The yield continues to be high at 11.28% which is very good for me. Considering that its price has not dropped much, this is ideal as a high yield savings account. Moreover, with price-to-book ratio at 0.68, we are buying at 32% discount. They only have to generate a equity yield of 7% to help us enjoy a at least 10% yield. With little debt, there is no risk of company failing.

With close to $100,000 invested in this, I am getting $11,280 in dividends per year which is about $1,000 per month. With some cash coming in, I am still thinking of increasing my investments in this. Aiming to increase to one million shares at this point.

3 comments:

  1. Hi may I know how long u bought this Global investment? Looks good the dividend...

    ReplyDelete
  2. Hi , may I know how long u holding this global investment? Looks good for dividend..

    ReplyDelete
    Replies
    1. I have been holding to this since 2013 with additions along the way. Still holding on until things change for them.

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