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.

Tuesday, January 31, 2017

Analysis of Ascendas Hospitality Trust - Wow! What a results!

Current Price on 26th Jan 2017 = $0.72
  • Yield = 9.11%  
  • Price-to-book Ratio = 0.850
  • Assets per unit = $1.436
  • Debt per unit = $0.589 (including current liabilities)
  • Gearing = 41.0%
Ascendas Hospitality Trust recently announced their results which caught my interest and it came out of the blue because I haven't been monitoring this for a while. Here is the statistics.

Yield is at 9.11% which means they are now the highest yielding hospitality trust. Previously I was looking at Far East Hospitality Trust and Fraser Hospitality Trust so here is a third one which I am looking at now. Their price-to-book ratio is 0.85. It means we are buying at 15% discount to NAV. Quite good enough even though there are other better ones. Gearing is at 41.0% which include other liabilities so it looks ok (not fantastic)

It caught my eye because it is getting more and more difficult to find REITs which are yielding at above 9% which are non-industrial. It would become important to me to diversify and with this set of data, I am buying some of the shares in the very near near future.

1 comment:

  1. Where did you get information that Ascendas Hospitality get more than 9% yield instead of 7% ?