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.

Tuesday, March 29, 2011

New Purchase of Cambridge Industrial Trust

For the past one week, I was trying to buy the rights issue at a cheap price to reduce my capital investments. However, it went up so quickly that I did not have the chance to buy them. (Was queueing at 0.035 in hope for it to drop. Now it is at 0.055 which make it impossible)

After pondering for a while, I have decided and made an investment of 12,000 shares at $0.485 (instead of rights issue). This will substantially increase my shareholding of Cambridge and also gives me 10% yield with discount to NAV. Because of this investment, my annual returns is now at $4,200 from a total investment value of $46,000. This is about $350 per month.

There will be more to come because I still have 3,000 rights issue and I still intend to apply for excess rights. I hope to subscribe a total of 5,000 shares for this exercise. (Earning a small profit)

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