Mapletree Logistics Trust (MLT) is a pure play pan-Asian logistics REIT whose properties are built according to modern building specifications. Warehouses used to be just another ‘boring’ property class. But with the rise of e-commerce, warehouses are given a new lease of life as they can now ride this secular growth opportunity. MLT appears to be relatively untouched by COVID-19 as rental income from e-commerce companies continue to stream in during this crisis. MLT also has a diversified tenant base that offers it some resiliency against a recession. To see if my hypotheses are true, I tuned in to MLT’s 2020 virtual AGM to find out more. So here are six things I learned from MLT’s 2020 AGM: 1. MLT’s distribution per unit (DPU) increased by 2.5% y-o-y in FY19/20. The i

Basic Profile & Key StatisticsMapletree Industrial Trust (MIT) mainly invests in industrial properties. Its portfolio includes data centres and business parks as well.Lease ProfileOccupancy is slightly low at 91.1%. WALE is moderate at 4.2 years where the highest lease expiry of 18.6% falls in FY22/23. Weighted average land lease expiry is short at 46.83 years, which is normal for 100% Singapore properties. Debt ProfileGearing ratio of 38.8% is slightly high. Cost of debt of 2.6% is slightly low despite 100% unsecured debt. Fixed rate debt is high at 86.3%. Interest Cover Ratio is high at 7.2 times. WADE is long at 3.9 years where the highest debt maturity of 26.1% falls in FY 24/25.Diversification ProfileBased on the past 4 quarters gross revenue, 94.5% is from Singapore properti

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

Basic Profile & Key StatisticsMapletree Logistics Trust (MLT) listed on 28 July 2005, which is just nice 15 years ago. MLT invests in logistics properties in various countries like Singapore, Hong Kong, Japan, China, Australia, South Korea, Malaysia, and Vietnam. MLT is sponsored by Mapletree Investments Pte Ltd.Lease ProfileBoth occupancy of 97.2% and WALE of 4.3 years are at healthy level. The highest lease expiry of 24.2% falls in FY21/22. Income in SGD/major currencies is low at 53.7%., which means around 46.3% of income received in non SGD or major currencies. Weighted average land lease expiry is short at 51.41 years.Debt ProfileGearing ratio is slight high at 39.6%. Cost of debt is low at 2.3% despite high 90.5% of unsecured debt. Interest cover ratio is high at 4.8 ti

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) changes from 823.64 to 837.43 (+1.67%) compared to last month update. REIT Index has rebounded c43% as of July 12 from the bottom on Mar 23, 2020. Currently the REIT index is currently trading on sideway consolidation, sandwiched between 200D SMA and 50D SMA.  Immediate support at about 825 (Gap support) followed by 50D SMA. Immediate resistance at 200D SMA. Short term direction: Sideway. Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on June 15, 2020.     Fundamental Analysis of 40 Singapore REITs The following is the compilation of 41 REITs in Singapore with colour coding of the Distribution Yield, Gea

In previous post, I did calculations for DPU downfall for SREITs with more than 5% income support in their distribution. For this post, we will look at another aspect in which SREITs use its capital distribution to boost their DPU. I will only focus on SREITs with more than 5% capital distribution from disposal in their distribution.Before we start, we will need to set the definition right. There are quite a numbers of SREITs that used the phrase "capital distribution" in their Distribution Statement and this misled a lot of people to think that such dividend is from their cash holding. In fact, most "capital distribution" are refer to distributable income from oversea properties. In tax perspective, income from oversea properties is considered as "capital distribution". Of course, distrib

The first half of 2020 has seen volatile swings in the stock prices. From continuing to grow at the start of 2020, to plunging on the back of COVID-19 uncertainties, to rebounding to close to 2019 levels. Going forward, much uncertainty about the economy remains. This can have unpredictable effects on companies in both the short- and long-term. However, companies will know better than any retail or even institutional investors how well they are actually doing. While companies can just say they believe in their business resilience or that their share price is undervalued, one way to signal that is the case is by conducting share buybacks. Read Also: Share Buybacks: What It Means And How It Impacts Investors In the first half of 2020, 81 Singapore primary-listed companies conducted share buy

Performance of Straits Times Index (STI) Constituents in 2020 Q2 The Straits Times Index (STI) ended 108.68 point or 4.38% higher at 2589.91 in 2020 Q2.(compared to 2481.23 on 31-Mar-2020)(vs the -1038.60 point or -32.3% drop in 2020Q1. See Performance of Straits Times Index (STI) Constituents in 2020Q1.)Top Gainers: Wilmar International, Mapletree Logistics Trust, Venture Corporation, Mapletree Industrial Trust, City Developments. Least Performers: Singapore Airlines, Jardine Matheson, SATS, Singapore Exchange, ComfortDelGro. Most Volatile: Sembcorp Industries, Singapore Airlines, CapitaLand Mall Trust, CapitaLand Commercial Trust, Mapletree Commercial Trust. Advertisement Continue Reading »

In this Dr Tee 1-hr video education (Defensive Investing Strategies during Stock Crisis ), you will learn:1) Bull (Unlimited Quantitative Easing) vs Bear (COVID-19)2) Value Investing Strategy – Dividend Stock Investing with Singapore Giant REIT as Case Study3) Value Investing Strategy – Growth Stock Investing with Malaysia Giant Stock as Case Study4) Investing Personalities: Kiasu vs Kiasi 5) Defensive Investing Strategies during Stock Crisis. Here is English Version of Dr Tee Video Course (Chinese version is also available as Dr Tee is bilingual). Enjoy and give your comments for improvement. You may subscribe to Dr Tee Youtube channel (Ein Tee) for future Dr Tee video talks. Collect 3 extra bonuses here. English Video: https://youtu.be/_shZqTa1eEs 在这D

Today, we are going to share with you how to invest your CPF investment money in a no-brainer way. The best part? You need not be financially savvy to do this. A beginner can do it! And I’ll reveal the exact step-by-step process, which you can follow easily. What is CPF Investment Scheme (CPFIS)? It is to provide options to CPF members to invest their CPF savings in your Ordinary Account (OA) and Special Account (SA) in various instruments such as insurance products, unit trusts, fixed deposits, bonds and shares in Singapore. The Average CPF Interest Rate is 2.5% to 4% for Ordinary Account. Check their latest CPF interest rate here. Below is the latest CPF rate (1st Jul to 30th Sep 2020).   Share this Infographic On Your Site </p><br /><br /><br /><b

Sign up & unlock articles! On 29 May 2020, Mapletree Logistics Trust shares were trading at a record high of $2.05. The bullish form of MLT share price is certainly impressive given the unprecedented challenges faced by the S-REIT sector. Then again, the surge of MLT share price has not been linear nor exponential. At the peak of the COVID-19 pandemic in March 2020, MLT share price was mercilessly sold down, causing it nose-dived from $2.00 on 5 March 2020 to $1.20 on 23 March 2020. Mapletree Logistics Trust in amazing form Crazy Rich Mapletree Logistics Trust Scary growth project of Mapletree Logistics Trust Investors who kept faith with this counter must be smiling to themselves now as MLT share price subsequently regained form after the release of the full-year financial report

This article was first published on 12 June 2018, and updated to include the latest information. Investing our money to grow and beat inflation over the long-term is important to building our wealth and safeguarding our retirement. However, starting the investing journey can be filled with uncertainties and can also be daunting. This is why the STI ETF is usually recommended as a good first investment to start learning about investments and building your confidence. In this guide, you will find everything you need to know about investing in the STI ETF. What Is The Straits Times Index (STI)? What Are The 30 Constituent Stocks That Make Up The STI Today? The  STI Reserve List What Is An ETF? What Is The STI ETF? How To Start Investing In The STI ETF? Read Also: Why Your First Stock Inves

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) changes from 745.45  to 823.64 (+10.49%) compared to last month update. REIT Index has rebounded c41% as of June 12 closed after hitting the recent high of 878 (c.50% rebound from the bottom). Currently the REIT index is currently trading in a uptrend channel but have a minor correction back to uptrend channel support and 20D SMA support, after rejected by 200D SMA resistance at about 870. Any rebound from this level is a bullish sign to continue the uptrend.  Immediate support at about 800 (channel support) followed by 770-780 (previous resistance turned support and also 50D SMA) If the REIT index can clear the 200D SMA resistance, the REIT index will enter into a full Bull te

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

This article was first published on 19 June 2018 and updated with the latest information. This article contains links to our affiliate partners. DollarsAndSense may receive a share of revenue from your sign-ups. Real Estate Investment Trusts (REITs) is a popular type of investment in Singapore. In fact, it is so popular that Singapore has grown to become the largest REIT market in Asia ex-Japan. This is mainly down to two reasons. #1 REITs are essentially property investments. Singaporeans’ fascination for property investments stem from its meteoric rise since our island nation gained independence. Even on the back numerous property cooling measures enforced to reduce speculation in residential properties, sky-high prices mean that property investments remain out of reach for ordinary

In this article, you will learn 8 glove manufacturer stocks in Singapore and Malaysia and 6 other sectors which could profit from Covid-19 crisis, each requiring unique stock strategies for investing or trading. 1) Top Glove (SGX: BVA) / (Bursa: 7113) – Singapore / Malaysia Giant Glove Stock 2) Hartalega (Bursa: 5168) – Malaysia Giant Glove Stock 3) Kossan (Bursa: 7153) – Malaysia Giant Glove Stock 4) SuperMax (Bursa: 7106) – Malaysia Giant Glove Stock 5) Riverstone (SGX: AP4) – Singapore Giant Glove Stock 6) Comfort Gloves (Bursa: 2127) – Malaysia Glove Stock 7) Careplus (Bursa: 0163) – Malaysia Glove Stock 8) Rubberex (Bursa: 7803) – Malaysia Glove Stock Crisis is opportunity for stock investing, especially true for glove manufacturers duri

The STI lost 4.3% over the month on worries over COVID-19’s impact on the economy; Wall Street stayed resilient despite rising US-China tensions; Hong Kong passed controversial security law, US imposed sanctions; Singapore Government announced S$33b Fortitude Budget, economy could reopen before end-June; SGX lost MSCI contracts, stock takes a beating; MSCI dropped 4 stocks from its Singapore Index, added one.   Wall Street stayed firm, STI dropped 4.3% The old adage “Sell in May and go away’’ certainly rang true in May with the Straits Times Index dropping 114 points or 4.3% to 2,510.75. It did, however, manage an 11 points or 0.4% rise last week, whilst Wall Street’s resilience in the face of escalating US-China tensions might lend hope for investors as we head into June. Am

Both MSCI Singapore Index (SiMSCI, 25 stocks) and Straits Times Index (STI, 30 stocks) are important guidance for Singapore stock investors on “Good” stocks for investing. In this article, you will learn on how to invest in index stocks in a right way. MSCI Singapore Index has recently removed 4 blue chip stocks (which are also 30 STI component stocks) from the list: 1) ComfortDelGro (SGX: C52) 2) SATS (SGX: S58) 3) Sembcorp Industries (SGX: U96) 4) Singapore Press Holdings, SPH (SGX: T39) and adding only 1 stock as replacement: Mapletree Logistics Trust, MLT (SGX: M44U), a giant Singapore REIT, which is also 30 STI component stock. MSCI Singapore Index component stock selection criteria is stricter than STI index (only based on trading market capitalization, a w

In our previous article on Singapore blue chip stocks, we covered the pros and cons of investing in Singapore blue chips and a general overview of how they have performed over the past decade. In this article, we will look at the three best-performing Singapore blue chips over the past decade (2010-2019) and identify the factors for their success. These are the three best-performing Singapore blue chips over the past decade: StockOpening Price (2 Jan 2010)Closing Price (31 Dec 2019)Capital GainDividends Received*Total Return (Capital Gains + Dividends) Thai BeverageS$0.245S$0.89263.3%THB4.79^341.5% Mapletree Logistics TrustS$0.78S$1.74123.1%S$0.72215.4% SATSS$2.74S$5.0684.7%S$1.68146.0% STI ETFS$2.97S$3.27610.3%S$0.93241.7% *Based on dividend ex-date b

The STI lost 2.6% over the week, possible after Fed chief Powell’s reality check on economic outlook; US economic data continued to be grim; SIA reported S$732m Q4 loss, analysts turned bearish; MSCI dropped 4 stocks and added one to MSCI Singapore Index; SGX to do away with Minimum Trading Price from 1 June; US-China Phase One trade deal on brink of collapse.   US Federal Reserve chairman Jerome Powell delivered reality check For most of the past two months, stocks have been supported by optimism that central banks and governments will do whatever it takes to ensure that financial markets will not crash. One major source of this optimism was a declaration by US Federal Reserve chairman Jerome Powell at the end of March that the Fed is prepared to indulge in unlimited “quantitative