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 19, 2018

Analysis of Global Investment Limited - Still stable and great passive income

Current Price on 13th March 2018 = $0.145
  • Yield = 8.28%  
  • Price-to-book Ratio = 0.72
  • Assets per unit = $0.204
  • Debt per unit = $0.003 (including current liabilities)
  • Gearing = 1.3%
  • Secured NAV = $0.201 (138% of trading price)
Global Investment Limited has recently gave a report and an announcement. Their distribution has remained at 0.6 cents per half year and they have just XDed as well. Here is the analysis.

With a yield of 8.28%, it is still one of the highest yielding investment holding companies which I rank it with REITs and business trusts. Their NAV increased to $0.201 which is 138% of their trading price. It is also their secured NAV. It means we are buying at 28% discount and the value is almost secured (from retail investor's perspective.)

Well, ever since they announce that their distribution is lowering, their price has maintained. In fact, three months ago when I wrote about it, the price is the same. It shows that this is very stable and it gives me a good return of 8%p.a. and it has been like this for a long time.

I am holding on over 1 million shares, gaining about $6,600 worth of dividends in this round. I am converting them into shares (aka taking scrip dividend) so it works like compounding interest. And it has been like this ever since I invested in it about four to five years ago. Only when I need the money then I sell and withdraw which so far has not happened.

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