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.

Monday, March 6, 2017

Analysis of Global Investment Limited - Steady investment

Current Price on 5th Mar 2017 = $0.145
  • Yield = 10.34%  
  • Price-to-book Ratio = 0.724
  • Assets per unit = $0.204
  • Debt per unit = $0.004 (including current liabilities)
  • Gearing = 1.8%
  • Secured NAV = $0.200 (138% of trading price)
Global Investment Limited has published their results which to me is a steady results. Here are the statistics.

With a yield of 10.34%, it is one of the highest yielding investment holding companies which I rank it with REITs and business trusts. It has always been yielding at this since I invested in it so I have been enjoying around 10% yield for a few years already. What is fantastic is that there is virtually no liabilities so everything they own is secured. Therefore, they are currently trading at a discount to secured NAV which is great for us.

Some people asked me about my capital and mention that they have dropped a lot in terms of their price over the years. Well, I agree that their price has dropped a lot over many years but it really depends on the entry price of your investments. I can tell you is that my entry price for Global Investment Limited is about $0.14. It ranges from $0.128 to $0.16 because of my multiple entry positions and also converting dividends into shares directly. Thus, I have not made losses to my capital and enjoyed 10% dividends along the way.

In my overall portfolio, I am just glad that I have made an overall capital gain over the years that I have been investing. (About $90,000 to date) To me this is a bonus as my aim is always to 0% capital gain which is in fact preserving capital. I am just as concerned as my readers on preserving capital. For my different counters, some will make a loss while others make a gain but what is more important is the overall portfolio which I am still pleased as of now. I thank my readers who is concerned about me and my portfolio and I encourage you to take a long term view of your portfolio as well.

I am vested with about $100,000 worth of shares (about 730,000 shares) so I am receiving $5,500 worth of dividends this round. Will be converting them into shares because usually they issue at a discount.

1 comment:

  1. hey, don't you worry investing in this company? it is a junk bond/ high yield bound investor. junk bonds have high risk of default and risk of losing principal though high interest rate...

    do you have anymore prudent analysis of this company or any references, btw? thanks in advance