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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #45 on: January 29, 2019, 02:23:13 pm »
https://investor.ascottreit.com/newsroom/20190129_064150_A68U_CD6UG7GL8EJUNX2J.3.pdf

sgx.A68U  < Ascott Residence Trust >

Revenue for 4Q 2018 grew 2% year-on-year to S$136.5 million. This was mainly contributed by the additional revenue of S$0.4 million from Ascott Orchard Singapore acquired in October 2017 and higher revenue of S$2.7 million from existing properties, partially offset by the decrease in revenue of S$1.1 million from the divestment of Citadines Biyun Shanghai and Citadines Gaoxin Xi’an.
• In 4Q 2018, gross profit increased 3% to S$63.4 million due to higher revenue.
• Unitholders’ distribution for 4Q 2018 rose 6% to S$46.5 million.
• DPU for 4Q 2018 was 2.15 cents, an increase of 5% year-on-year.
• RevPAU for 4Q 2018 grew 5% to S$163 over 4Q 2017.






a small bit of my portfolio .... i'm reticent on this one despite the re-rating potential from the CapitaLand + Ascendas-Singbridge merger.

Ascott Residence Trust + Ascendas Hospitality REIT (sgx.Q1P) ?
huat-ness potential? ???

"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #46 on: January 30, 2019, 08:24:46 pm »
https://ir.ascendas-reit.com/newsroom/20190130_193748_A17U_SJK3TVUA5GB8S6C4.3.pdf


Ascendas Reit’s Total Amount Available for Distribution for 3Q FY18/19 rose 7.0% y-o-y to S$124.3 million

1. 3Q FY18/19 Distribution per Unit (DPU) rose 0.7% year-on-year (y-o-y) to 3.998 cents mainly due to contributions from newly acquired and redeveloped properties.

2. Achieved higher portfolio occupancy rate of 91.3% and positive rental reversion of 3.2% for leases that were renewed in 3Q FY18/19.

3. Established a firm foothold in the United Kingdom (UK) following the completion of the acquisition of 26 logistics properties in October 2018. Total UK investment of S$0.8 billion accounts for 7% of Ascendas Reit’s total portfolio value of S$11.1 billion.

4. Secured a S$181.2 million build-to-suit development for Grab’s headquarters at one-north; completion expected in 4Q 2020.

https://ir.ascendas-reit.com/newsroom/20190130_193748_A17U_SJK3TVUA5GB8S6C4.2.pdf







Top 5 core REIT holding for unker BJ ..... seems to have repaid my faith after accumulating between 2.45 - 2.62.

Sold earlier in 2017 at 2.68 for a nice bit of pocket money.

Looking to accumulate again below 2.55
« Last Edit: January 30, 2019, 08:30:49 pm by beaverjuice »
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ladyvera

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Re: Property or REITS? or Stocks Index ETF?
« Reply #47 on: January 31, 2019, 11:15:03 am »
uncle bj got write a thread on how you can start investing in the stockmarket or not

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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #48 on: January 31, 2019, 11:23:43 am »
uncle bj got write a thread on how you can start investing in the stockmarket or not

you mean like a step-by-step guide izziiiiiiiiiiiiiiiiiiiit ? ???
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."


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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #49 on: February 02, 2019, 12:45:27 am »
http://www.mapletreeindustrialtrust.com/~/media/MIT/Newsroom/Announcements/2019/Feb/20190201_Completion%20of%20Acquisition%20of%2018TS.pdf

I feel that this is a positive development for SGX.ME8U

Last time I recce the area arrrrh... got one braless sexy chiobu in white dress from Charles & Keith smoking in that area. Lots of potential I must say ...  :-*
« Last Edit: February 02, 2019, 12:48:06 am by beaverjuice »
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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #50 on: February 08, 2019, 06:44:40 pm »
So I was just thinking about risk-spectrum today.

moving up the risk spectrum for bonds gets you into junk bond territory (some RMs at the banks will call it "high-yield" bonds - so don't be fooled by her cleavage).

On the other hand, de-risking your portfolio of bonds will give you those bonds with poorer yields but supposedly "safe" in investment graded territory.  This will hardly help you beat inflation (yet another often touted metric by RMs to scare you to investing your fix-deposits and move up the risk-spectrum).

Anything > 6% yield brings you into junk territory.  For that risk profile, i'd rather put my money into sgx.ME8U or sgx.A17U.  That is not to say these 2 REITs are without risk of course.  The behaviour of junk bonds will be no different from stocks and REITs in times of distress.

Bonds are your portfolio balancers. A better gauge would be "return of money" rather than "return of money".   

The former would suggest something like SSB albeit the extra yield pickup over TD in exchange for liquidity is worth it (you'd take at most 1-2mths to liquidate SSBs).... and the explicit guarantee of getting back face-value is a great feature.  This is the "put" feature of SSBs not even available to SGS (the 30yr SGS fell below par value if you recall in the not so distant past)

I'm surprised that SSB is not on the radar-screen of most folks.

And it is now available for subscription via SRS too.


Greed for returns and yields can drive one crazy




« Last Edit: February 10, 2019, 05:10:29 pm by beaverjuice »
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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #51 on: February 08, 2019, 07:39:48 pm »
Someone asked unker BJ why I am not worried about the onslaught of e-commerce on my biggest stock position sgx.C38U .... that is not to say that e-commerce is not a disruptor.  It is! for business models must change. Who can successfully craft an omni-channel retail strategy?

https://www.channelnewsasia.com/news/commentary/hidden-costs-of-online-shopping-return-costs-returns-11178784
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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #52 on: February 09, 2019, 06:47:24 pm »
So about property investments- they always say location, location, location.  What does that mean?

Upper Bukit Timah Rd is NOT Bukit Timah Road.

Upper Serangoon Rd is NOT Serangoon Road

St. George's Road is NOT St. Martin's Road

Something with a "River" or "Water" in its name doesn't mean river or water view.  Don't be fooled by fancy names even if the agent selling you the property has big neh-neh-pok.

ceteris paribus, a 99-year leasehold right next to an MRT station is better than a similarly located Freehold condo far from the MRT station.

A lot of research is needed.  Don't just buy off a plan or based on some fancy showroom.  Look at who is renting around similar completed condos in the vicinity.  Certain areas are liked by expats for valid reasons. 

Never fall in love with the property,  when a good offer comes along and it makes sense, sell.  Properties age and get dated. 

« Last Edit: February 10, 2019, 05:05:27 pm by beaverjuice »
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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #53 on: February 10, 2019, 05:29:28 pm »
One of the bloggers I follow occasionally
http://dividendsrichwarrior.blogspot.com/2019/02/dividend-warriors-best-january-in-10.html

This is his Jan 2019 CDP statement:



Some people may go "woah" and wish to have his portfolio and embark on a FIRE lifestyle. 

I'm sure it took time to build up his portfolio to this level and effort to husband the dividends. Rolling and compounding the dividends over time enabled him to get there.  We often see the end-results but never look deeper under the hood to understand the process and journey to get there.

Also portfolios are never static - he has trimmed, disposed, adjusted course over the years. Ditching what doesn't work for himself and his investment temperament and adopting those that resonate with his psychology ....


"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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