I bought some Ascendas Reit (A17U.SI) at the TERP (theoretical ex-rights price) of 3.10 today.
I bought Singtel shares at 3.56 in my margin account yesterday.
Just sold AEM for 26% profit and Wing Tai for 6% profit.
Time to take some profit off the table.
Last week, my REITs shifu invested in Ascendas HTrust, which I also followed yesterday, because I concurred with his assessment.
- Yield : 6.9%
- Gearing : 33%
- P/NAV : 0.93
- Run 11 hotels
- By NPI, Australia (50%) + Japan (26%) + Singapore (15%) + China (9%)
I like the fact that the DPU trend has been very stable through the years. I am also speculating that Australia will growing in next couple of years. For me, this is a long term investment and not a short term trade. My yield on cost is 6.87%.
My shifu, Kenny Loh (http://mystocksinvesting.com/), will be conducting his signature REITs course on 30 Sep. If you’ll like to learn how a REITs expert evaluates and selects strong REITs, I strongly encourage you to attend his course. Contact me for a discount code.
Queuing for Genting at 1.175
China Sunsine looks good too.