- Yield = 8.13%
- Price-to-book Ratio = 1.184
- Assets per unit = $1.37
- Debt per unit = $0.58 (including current liabilities)
- Gearing = 42.3%
- Occupancy = 89.8%
I chose to analyze one of my oldies in my portfolio which is Viva Industrial Trust. Just realize that I have not been writing about them since May last year although I have been monitoring. Well, it is a good time to look at it again since the price went up so high and to be frank, I lost a chance to sell it at $0.99
Yield is at 8.13% which is quite high among the REITs currently. However, their valuation is very low and thus, their price-to-book ratio is at 1.184 which means we are buying at 18% premium which is a red flag. Gearing is at 42% which is still quite high.
I am vested with 87,100 shares and have been enjoying the dividends since 2015. However, I am beginning to feel the uneasyness holding on to properties at such a high premium. I am not sure whether I shall continue to hold, and will be looking at counters with better metrics.
Looking at ESR REIT, LMIR, Dasin Retail Trust and Asian Pay Television Trust
Yield is at 8.13% which is quite high among the REITs currently. However, their valuation is very low and thus, their price-to-book ratio is at 1.184 which means we are buying at 18% premium which is a red flag. Gearing is at 42% which is still quite high.
I am vested with 87,100 shares and have been enjoying the dividends since 2015. However, I am beginning to feel the uneasyness holding on to properties at such a high premium. I am not sure whether I shall continue to hold, and will be looking at counters with better metrics.
Looking at ESR REIT, LMIR, Dasin Retail Trust and Asian Pay Television Trust
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