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, March 6, 2017

Analysis of Global Investment Limited - Steady investment

Current Price on 5th Mar 2017 = $0.145
  • Yield = 10.34%  
  • Price-to-book Ratio = 0.724
  • Assets per unit = $0.204
  • Debt per unit = $0.004 (including current liabilities)
  • Gearing = 1.8%
  • Secured NAV = $0.200 (138% of trading price)
Global Investment Limited has published their results which to me is a steady results. Here are the statistics.

With a yield of 10.34%, it is one of the highest yielding investment holding companies which I rank it with REITs and business trusts. It has always been yielding at this since I invested in it so I have been enjoying around 10% yield for a few years already. What is fantastic is that there is virtually no liabilities so everything they own is secured. Therefore, they are currently trading at a discount to secured NAV which is great for us.

Some people asked me about my capital and mention that they have dropped a lot in terms of their price over the years. Well, I agree that their price has dropped a lot over many years but it really depends on the entry price of your investments. I can tell you is that my entry price for Global Investment Limited is about $0.14. It ranges from $0.128 to $0.16 because of my multiple entry positions and also converting dividends into shares directly. Thus, I have not made losses to my capital and enjoyed 10% dividends along the way.

In my overall portfolio, I am just glad that I have made an overall capital gain over the years that I have been investing. (About $90,000 to date) To me this is a bonus as my aim is always to 0% capital gain which is in fact preserving capital. I am just as concerned as my readers on preserving capital. For my different counters, some will make a loss while others make a gain but what is more important is the overall portfolio which I am still pleased as of now. I thank my readers who is concerned about me and my portfolio and I encourage you to take a long term view of your portfolio as well.

I am vested with about $100,000 worth of shares (about 730,000 shares) so I am receiving $5,500 worth of dividends this round. Will be converting them into shares because usually they issue at a discount.

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