As I write this towards the end of october 2020, market has fallen below 2500. Lots of reds when i open up the screen during the time of writing this.Counters added this month : P&O, Oriental Holdings, Miramar Hotel and DBS.I am doing more research on the UK dividend counters before getting some of them. As usual, a good sustainable yield with a past history of being able to raise dividends. I am looking at counters like rdsb, gsk, lgen, national grid etc. As usual, each counter would probably occupy 1% or less. So objective would be to avoid losers, rather than ability to pick winners, that's good enough. ( thanks to kind friends for their gracious non-selfish sharing)Cash flow is the key in this kind of down market, no cash flow, can forget about buying anything without selling

 On 28th Sep 2020 Frasers Centrepoint Trust announced another equity fund raising to raise approximately S$1.33 billion to part-finance the acquisition of the remaining 63.1% stake in PGIM Asia Retail Fund.  The equity fund raising comprised on a private placement at $2.35 per unit thereby raising S$575 million.  A preferential offering for existing unitholder of 290 unit for every 1000 unit at an issue price of S$2.34 raising S$759 million.  As an unitholder since 2016, I was eligible for the preferential offering.  So is it a no brainer and just jump in to take up the offer ?Unfortunately, the answer is NO.  I did a check as in May 2019, they also did an equity fund raising of private placement and preferential offering to raise S$421 million to acquire a 33

Information Technology (IT) is everywhere in modern world, a stock with strong IT related business would have bright future for investment.  Therefore, an investor may consider 28 IT stocks in Singapore, especially those defensive growth stocks. In this article, you will learn from Dr Tee on 4 Singapore IT Giant Stocks which are efficient in making money with economic moat but having mixed impacts during COVID-19 stock crisis. Bonus for readers who could read every words of the entire article: 7 global IT giant stocks. 1) IT Retail Giant Stock – Challenger Technologies (SGX: 573) 2) Software Giant Stock – Silverlake Axis (SGX: 5CP) 3) Data Center Giant REITs – Keppel DC Reit (SGX: AJBU) – Mapletree Industrial Trust (SGX: ME8U) Ne

During crisis, a consumer may not able to afford luxury products but still need to eat and drink to survive. Therefore, an investor may consider 48 Food & Beverage (F&B) stocks in Singapore, especially those defensive growth stocks. In this article, you will learn from Dr Tee on 9 Singapore F&B Giant Stocks which are efficient in making money with food as essential products (consumer staples) but having mixed impacts during COVID-19 stock crisis. Bonus for readers who could read the entire article: a strategy to eat and drink for free for lifetime. 1) Supermarket F&B Stocks – Sheng Siong (SGX: OV8) – Dairy Farm International (SGX: D01) 2) Restaurant F&B Stocks – Japan Foods Holding (SGX: 5OI) – Old Chang Kee (SGX: 5ML)

Let's do a quick update on my SRS portfolio.Dividends from UOB BankUOB Bank paid out $975 of dividends on 13 Oct 2020 and that brings the total dividends received to-date to $6,783.Acquired 20,000 of Frasers Centrepoint TrustThe sale of Lendlease Global at 69.5 cents on 6 Oct seemed timely as it closed at 67 cents yesterday.  I will review whether I want to reinvest in this counter at a later

Frasers Centrepoint Trust (SGX:J69U) (FCT) unitholders take note – there is a Preferential Offering ongoing ... Read more >> The post Frasers Centrepoint Trust Preferential Offering - A no brainer deal for me first appeared on https://www.drwealth.com.

Frasers Centrepoint Trust (FCT) is a Singapore REIT that currently owns a portfolio of six suburban malls located in Singapore. On 3 September 2020, FCT announced its intention to acquire the remaining 63.1% stake in AsiaRetail Fund (ARF) for $S1.06 billion. The acquisition will add five Singapore suburban malls – Tiong Bahru Plaza, Hougang Mall, White Sands, Tampines 1, and Century Square – and one Singapore office property, Central Plaza. The deal was approved by FCT unitholders at an extraordinary general meeting where CEO Richard Ng gave a presentation highlighting the benefits of the acquisition despite the backdrop of COVID-19. Will Singapore malls continue to thrive despite the impact of the pandemic and e-commerce? Here are five things I learned from the 2020 Frasers Cen

This is my update for the month of September.  This covid crisis has accelerated my overseas investments, namely into the HK and Malaysia markets. Might go into the UK market also, should attractive opportunities present themselves. Diversification and adding of good dividend paying stocks with a solid track record of paying would be the foci here. Absorb volatility in prices, as these are beyond anyone's control, with adequate holding power and use cash flow from dividends to add more dividend stocks to further enhance cash flow.Dividends coming in frequently is still a delightful experience , with as frequently as twice a day to once in a few weeks.Cash flow is the key in this kind of down market, no cash flow, can forget about buying anything without selling anything.Cheers!!!Comin

 Quick notes on 3 HK property cos:Link REIT  - Yield 4.55% (at HKD 63, year ending March 2020 results), 100% payout ratio, mostly 50 year property leases  - Neighbourhood shopping centers, a bit like FCT in Sg.  Largely unaffected by economy/covid.  - Good LT track record growing assets without raising cash from shareholders, but yield too low for me, esp with 100% payout ratio.Wharf REIC:  - Yield 6.3% (at HKD 32.10, end Dec 2019 results), only 50% of CFO paid out, mostly freehold property.   - 75% operating profit from one mall: Harbour City.  Overall high exposure to luxury/tourism: 81% rental from leather, fashion or jewellery.   - Luxury brands are reducing their footprint in HK: eg: LV closing their Times Square store after Wharf

Global stock markets (S&P500, STI, KLCI, HSI, SSEC, etc) have been bumpy over the past few months. US Covid-19 condition is still critical, affecting the confidence of V-shape recovery of stock market, as well as the coming US presidential election in Nov 2020. Some investors worry of possible double dip, dare not take any action now. Crisis is always opportunity but an investor has to apply the right stock investing strategy.At the same time, Singapore stock market is lagging, major bank stocks, DBS Bank (SGX: D05), OCBC Bank (SGX: O39), UOB Bank (SGX: U11) are under correction after MAS guidelines to cap the dividend payment of banks to 60% of last year (implying if dividend yield is 6%, would become 6×0.6 = 3.6%), disappointing many passive income investors. However, the

The post SIAS – Frasers Centrepoint Trust Dialogue Session appeared first on Securities Investors Association (Singapore).

So far in my many years of investing, this is the toughest period. Not sure how long more it will last, maybe 1 more year, 2 years. And the economic impact and the time to recover might take longer. The recent SATS results, the management estimated that the recovery might take up to 2024. That's a long time more, 4 years! Lot of unprecedented events, lots of companies such as HSBC and Malaysian banks etc which never skipped dividends previously, now not paying. And a lot of others are reducing their dividends. Many of these are not lousy companies which are not making money or on the brink of collapse, but are stellar blue chips like the banks, both in singapore and overseas. And in US, stock markets have recovered to almost the same as precovid levels. Incredible by itself when

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Apart from just manoeuvring an economic downturn in 2020, everyone is also combating a very real health threat. The combination of this has also led to major disruptions in the way we live, work and play, accelerating economic trends that should have been years in the making. Along with this, the properties – including REITs – that enable us to live, work and play have all been impacted. In the short term, volatility may spark sharp rises and dips in market prices, in the longer-term, some types of properties may become less relevant entirely. In our REITs Report Card, which we publish each quarter, we look at how S-REITs have performed as a whole and individually. How Have Singapore REITs Fared In The YTD 2020? The iEdge S-REIT Index is a free-float market capitalisation weighted inde

Retail investors are drawn to real estate investment trusts (also commonly known as REITs) because of the passive income they offer. Sinagpore REITs can fetch a decent yield, ranging between 5-8% per annum. While REITs are great vehicles to build a dividend portfolio, you will still need to pick the right ones at the right price in order to grow your portfolio and maximise your dividends. So what are REITs? REITs are investment trusts that pool investors’ money to buy and own income-producing real estate. These properties are leased out to tenants who, in turn, pay rental income to the REIT. Like all property investors, REITs can also acquire new properties, enhance and improve existing ones, or increase rental rates to grow their income. As an investor, you are entitled to

It has been a long time since I last updated my investment portfolio. The March'20 market crash was very sudden. I have remained invested mostly throughout this dark period. The major change I made was to shift out more of my more stable REITs from my CDP account into the margin account to avoid the possibility of a margin call in the event of a sucker's rally and to prepare for another potential market crash.1. Retail REITsThe retail REITs which I am holding in the margin account such as SPH REIT, Frasers Centrepoint Trust and Lendlease right now are still down by 20% to 30% from the pre-market crash. Dividends have been cut drastically also. I remain cautiously optimistic that once the COVID-19 vaccine become successfully rolled out by end of the year or early next year, the devastating

Singapore REITs are popular investment for passive income through stable dividend stocks. In this article, you will learn on how to invest in 21 giant stocks from 42 Singapore REITs and 16 Business Trusts with 3 key strategies (Striker / Mid-fielder / Defender) in 8 categories: 1) Retail REITs 2) Office REITs 3) Industrial REITs 4) Healthcare REITs 5) Diversified REITs 6) Data Center REIT 7) Hospitality REIT 8) Business Trusts There are 6 Singapore REITs which are also Business Trusts, so total there are 42 + 16 – 6 = 52 Singapore REITs and Business Trusts as of current stock market. Currently, out of 30 STI Index stocks, 5 are REITs. Soon, SPH (SGX: T39) with declining trading market capitalization (lower share price and/or lower trading volume) will be r

Basic Profile & Key StatisticsFrasers Centrepoint Trust (FCT) is a REIT that owns retail properties in Singapore. It was listed on 5 July 2006. Lease ProfileOccupancy is healthy at 94.6%. WALE is short at 1.61 years as compared to other SREITs with retail properties in Singapore. 32.3% of lease expiry falls in FY2022, which posts a concentrated lease expiry risk. Weighted average land lease expiry at 70.74 years is very closed to SREITs median level.Debt ProfileGearing is healthy at 35%. Cost of debt is low at 2.5% despite its 76.3% of unsecured debt. Fixed rate debt is low at 50% which is favorable to the current low-interest environment. 34.2% of debt maturity falls in FY2023, the level is slightly above SREITs median. Interest cover ratio is high at 4.8 times. WADE is short at

Would like to emphasise this to readers again as before : stay the course .... dont panic. this time its NOT different***Latest: MAS asked Banks to issue dividends 60% of 2019 level.  SCI, GPI and SATS no dividends Dividends up to the next few months by estimated datesComing weeks to months -- cash flowing in from counters in my portfolio ...27/7 Sre28/7 MIT28/7 HKBJ30/7 HGC6/8 KC*7/8  SIAE LPI*12/8 SPost14/8 BSemb14/8 SphReit17/8 KSH*18/8 STel20/8 DBS*27/8 suntec  UOB*28/8  CMT  CDG* OCK*31/8 GE*3/9 STE*4/9 HSB* 7/9 Hysan*9/9 WW* ZL10/9 PBB*. teckwah*11/9 CKH*14/9 CLP*16/9 CHsong TaiC17/9 Goldlion*18/9 singre*25/9 Panamy Lungkee* TCIL*27/9 CRCT*28/9 PG*2/10 OCBC* MB*. BOCHK*14/10 Lb*17/10 HKL*18/10 SGX*21/10 MIT*26/10 HKBJ*30/10 AeonC

Would like to emphasise this to readers again as before : stay the course .... dont panic. this time its NOT differentDividend by month1) singtel Panasonic tai Cheung  Chen Hsong holdings2) sgx  starhillg fct sphreit cmt  capitacom mit suntec hsbank lian beng nam lee singpost LPI capital3)   taisin  hsbank petronas capitaretail pbb clp manulife4) hsbc dbs cimb5) steng sgx  uob sph starhillg fct sphreit cmt cdg hcg Singre teckwah mit sci suntec  hlf ocbc ge ckh6)  netlink hsbank maybank petronas Kc dbs hkland FLT clp manulife Lung kee7) singpost  tcil hsbc bochk aeon creditHK hk Beijing enterprises8) singtel  plife  suntec ocbc  starhill sci kc steng fct singpost sphreit cmt ock  capitacom  siaen mit sats uob cd