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, August 23, 2011

New Purchase on AIMSAMP REIT

After pondering for a while, I have decided to reinvest into AIMSAMP REIT especially when its price falls below $0.20. Now the spread is $0.001 which makes it quite liquid and expands its trading band. I bought 70,000 shares at $0.198 which gives me a yield of 10.71% which is very high. Moreover, it is trading at a discount to NAV.

One problem which I believe that they can solve is its gearing which is at a high of 40%. Therefore it is more vulnerable to "credit event" where they can't find a bank to lend them money. With interest rates at all time low, I believe that they can refinance it at at least the same rates.

With that, I have completed my repositioning of my portfolio. More details about my portfolio soon later...

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