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 $3,800/month.

Thursday, August 24, 2017

Updating my Current Portfolio - Increasing Yield

Hi everyone,

Here are some of my updates on my portfolio since July.

Ascendas Hospitality Trust

With them trading at 10% discount and a low yield of 6.28%, I felt that it is time to let go (80,000 shares at $0.835) and enjoy the capital appreciation that I got as well as the previous dividends declared. This investment is about 7 months which is very short. Not good actually but with the recent run-up in price, there is a need to relook and see whether is it still worthwhile to hold on to it. For this investment, there is another opportunity so I jump at it.

Dasin Retail Trust

With the cash that I obtained, I bought 80,000 shares at $0.80 (14,400) and $0.81 (65,600) two weeks ago (when I posted my analysis). With a steep discount to NAV and high yield (with sponsor wavier), I think this is a good investment with a large margin of safety. I am just thankful that I bought it in time because it has run up to $0.84, giving me about $2,000 in capital appreciation. I shall hold on to it while enjoying the dividends. With this, I have also increased my monthly yield as well which is the original intent.

With that, here is my updated portfolio as of 23rd Aug 2017, giving me $4,400 passive income monthly which is fantastic. It is like having another person working at home.


4 comments:

  1. Hi,

    Could you share how you get the price value in your portfolio? i.e. do you manually compute it or is there a formula that extracts the data from any particular website?

    Thanks!

    ReplyDelete
  2. Good decision on AHT, I sold off too early.
    Don't you find Dasin risky, knowing about the sponsor waiver? The yield and therefore the price will crash when the waiver is removed.
    DW

    ReplyDelete
  3. Hi,

    I been visited your website few months ago,its quite useful.

    But,i have some question have to ask you.

    Hope you can answer me .
    1.)Dasin Retail Trust showing 10.81% DY in your portfolio,but i cant find any further info in Google. If possible can send me the links which can get more information?

    ReplyDelete