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.

Friday, September 10, 2010

Analysis on Cache Logistics Trust

  • Price = $0.985
  • Yield = 7.93%
  • Price to book ratio = 1.135
  • Asset per unit = $1.168
  • Debt per unit = $0.30
  • Gearing = 25.7%
Cache Logistics Trust is another logistics which offers high yield (similar to AIMS AMP Capital and Cambridge). It manages to secure higher asset yield (Yield divided by asset per unit) compared to the other two which is a plus point. However, it is priced above its NAV which is a minus point. Other details include low gearing.

Compared to the other two featured in the blog, Cache is less attractive. Moreover, it does not fulfil my criteria of "Discount to NAV". I expect price of Cache to stabilise but will have to wait for further details in terms of the Singapore economy, the price of the other two REIT before I even consider this REIT.
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2 comments:

  1. Genie OinkSeptember 12, 2010 at 11:12 AM

    Hi, I am a stockbroker and would be interested to see how my value added services could complement your trading and analysis further. Pls could you provide me your email add so we can discuss further from there? Thanks.

    ReplyDelete
  2. jc.education.sgSeptember 16, 2010 at 10:19 PM

    Very well then... My email is jc.education.sg@gmail.com (Actually it is right below every page)

    ReplyDelete

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