Investment Thesis – First REIT (SGX:AW9U) Financials

Net Property Income (NPI) and Distributable Income Distribution Per Unit (DPU) Generally increasing DPU over last 10 years Occupancy Rate Property Yield (Cap Rate) This measures earning power of property. Property Yield = (Net Property Income/Property Value) X 100 = (109.476m / 1349.3m) * 100 = 8.11% Target: 5% - 9% Gearing REITs have a … Continue reading Investment Thesis – First REIT (SGX:AW9U) Financials

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Misc – Singapore Savings Bonds (SSB)

If you (1) wish to invest your money into an asset better than bank savings, (2) want to do little-to-no research, and (3) want to be exposed to extremely low risk, then I highly recommend you look into the┬áSingapore Savings Bonds (SSB). - Basic guide to the SSB: https://blog.seedly.sg/guide-investing-singapore-savings-bond-ssb-interest-rate-how-to-buy/ - Brief explanation - What is … Continue reading Misc – Singapore Savings Bonds (SSB)

Monthly Update – July 2018

Shared Portfolio (@ first Sunday of August 2018): Transactions (month of July 2018): Dividends Collected (month of July 2018): SGD 20.84 (USD 15.28) - Portfolio Commentary: Macro Events and My Investing Philosophy Volatile market prices was to be expected amid trade tensions and concerns over rising rates. Although it seems wise to wait for a … Continue reading Monthly Update – July 2018

Investment Thesis – Fraser Commercial Trust (SGX:ND8U) Financials

Net Property Income (NPI) and Distributable Income(refer to next segment) Distribution Per Unit (DPU) Generally increasing DPU over last 10 years Occupancy Rate China Square Central: lower occupancy rates due to (1) planned vacancies for Hotel and Commercial Projects and (2) Asset Enhancement Initiative (AEI) starting in Q1 2018 for the retail podium below the … Continue reading Investment Thesis – Fraser Commercial Trust (SGX:ND8U) Financials

Investment Thesis – Ascendas REIT (SGX:A17U) Financials

(The "Understanding the Business" segment will be put in a future SWOT analysis post) Net Property Income (NPI) and Distributable Income Positive growth over last 5 years for all metrics. Distribution Per Unit (DPU) Consistent growth over last 8 years. Huge fall in DPU during 2007 Recession. Property Yield (Cap Rate) Target between 5% - … Continue reading Investment Thesis – Ascendas REIT (SGX:A17U) Financials