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 $3,300/month.

Friday, January 27, 2017

Updates on my Current Investments

Hi everyone,

Recently I have been quiet because of the recent Sabana REIT Rights Application which I am focusing on, placing some of my money there and waited for the rights issue to be completed. Here is the updates.

Sabana REIT
After they have ex-rights, I have actually bought another 60,000 shares of Sabana REIT at $0.345. Although their rights issue doesn't seem to favour unitholders, I also believed that it has been priced in, so I bought it and I am glad that the price went back up by a bit, reducing my paper losses earlier.

I have managed to obtain 32,055 shares through excess rights which is quite a blessing because it would mean that I am sitting on another paper gain of about $3,000. Overall, I am quite satisfied with the outcome and will monitor their progress. I am currently holding on to 235,500 shares of Sabana REIT which means it has become an anchor investment of my portfolio.

Moving Forward
Moving forward, I still have some cash with me and I am looking at a few counters. I am looking at increasing my holdings in Global Investment Limited. I am still looking at Far East Hospitality Trust due to its deep discount to NAV. Another which I am looking at is Accordia Golf Trust although I already have a stake in it aka 105,000 shares.

Ok that's all for now. Happy Lunar New Year to all readers. I know that there is a lot of request which I am currently unable to fulfill but I will try my best.


2 comments:

  1. Wow your portfolio value is increasing fast. I'm holding to Accordia & some Sabana too

    ReplyDelete
  2. U should think again on Accordia. The price is very sensitive to yen and season.

    ReplyDelete