DBS has a pretty good report out which shows some of the “stress-test” they put the REITs listed in Singapore through. For those serious in investing in REITs, this is a good blueprint how you can assess the defensiveness of REITs in times of stress. This kind of assessment is very quantitative and should not be the only way you assess the REIT’s defensiveness. You have to layer the qualitative aspect as well. Let me share some of the main takeaways. The Metrics that DBS uses to Measure Whether Each Singapore REITs Will Survive Better Firstly, we have to be clear what they mean when they measure the survivability of the REITs. I do not get a clear statement from the report but after reviewing the report, a REIT survives better by coming through this

Frasers Hospitality Trust (FHT) announced its Q2 results last Friday evening with the Trust being the last few batch to announce amongst its other hospitality Reits peers like CDL Hospitality Trust, Ascott Reit and Far East Hospitality Trust.The latter all provided an operational update for its Q1 results as more companies are adopting a semi-annual reporting formalities.Here are the 5 Things you should look out for in FHT's recent results announcement:1.) FHT is a Stapled TrustMost hospitality Reits were formed as a stapled trust.Being a stapled trust, FHT comprises of Fraser Hospitality Reit (FH-Reit) and Fraser Hospitality Business Trust (FH-BT).Under normal circumstances, most investors do not notice the differences as they continue to receive payout from the hospitality trusts as a co

One common argument many REIT investors have is that regardless of whether prices go up or down, they will continue to receive a distribution yield – which they can reinvest or use as part of their retirement income. As the economic fallout from COVID-19 has shown, there can be extreme scenarios where those who are over-reliant on REITs or have over-leveraged themselves to purchase REITs may be in for a rude shock. Not only have prices dipped by as much as 50% and more for some REITs, the ability to collect rent and continue paying a distribution has been severely impacted. While it’s true that no one could have planned for COVID-19, the concept of a black swan event impacting our portfolio is relatively well-known. Arguably, it has happened many times in history – with the a couple

Dear readers, there are eleven Singapore Reits and Trusts which are oversold as of 2 Apr 2020. These Reits and Trusts are: 1.      ARA Hospitality Trust USD 2.      CapitaMall Trust 3.      CDL Hospitality Trust 4.      Eagle Hospitality Trust USD 5.      Far East Hospitality Trust 6.      Frasers Centrepoint Trust 7.      Frasers Hospitality Trust 8.      Lippo Malls... The post ELEVEN OVERSOLD SINGAPORE REITS, TRUSTS REVEALED appeared first on SG STOCKS INVESTING: SAVINGS, GRATITUDE (SG) & STOCKS INVESTING! SAVE MORE, BE GRATEFUL AND INVEST BETTER!.

It has been a momentous week for the securities market around the world, including stocks on the Singapore Exchange. Some counters took a double-digit percentage dives in the span of the week, with many reaching 10-year lows. The already slowing economy was hit further thanks to the oil price crash, and intensified after the global COVID-19 situation reached “pandemic” levels. Across the board, trading volumes were up on the back of investors responding to the volatile market. The fast-developing situation led to Deputy Prime Minister and Finance Minister Heng Swee Keat to indicate during a Strait Times-Business Times roundtable that a second, more comprehensive support package is in the works to help companies and workers in Singapore, a mere three weeks after he delivered his Budget

Real Estate Investment Trusts (REITs) are popular investments in Singapore, as they own a portfolio of properties and pay out relatively good distributions from the rental income they receive on the properties. In our REITs Report Card column, we feature the performance of REITs every quarter. How Singapore-listed REITs Performed In The Year-To-Date 2020 The first three months of 2020 has seen its fair share of volatility, with the ongoing US-China trade war sanctions, a generally slowing global economy, and also hit with Covid-19, a novel Coronavirus which originated in Wuhan, China. This has given rise to greater price fluctuations in the stock market in 2020. To gauge how Singapore-listed REITs have performed in the year-to-date (ytd) 2020, we take reference from the iEdge S-REIT Index

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) broke out from the consolidation and hit historical high at 973.21.  The REIT index has changed from 941.99 to 941.89  (-0.01%). The REIT index has a flash sold off due to COVID-19 fear but immediately rebounded strongly from the support at 884.292. Currently the REIT index goes above the 50D and 200D SMA.  Based on the current trend and chart pattern, the REIT index is still trading on an bullish uptrend.  Immediate support at 940 (Previous Resistance turned support) followed by 920 (200 SMA). Probable direction for REIT index: Up. Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on 02-02, 2020. Fundamental Analy

Real estate investment trusts, or REITs, have done extremely well as an asset class. Since the very first Singapore REIT, Ascendas REIT, was listed back in 2002, there has been a slew of IPOs for different REITs covering a wide variety of sectors and geographies. The 43 REITs and trusts listed on the SGX generated an average total return of 23% in 2019 and ended the year with an average distribution yield of 6%. Investors gravitate towards REITs due to their stable nature: REITs are essentially securitised bundles of investment properties that generate a steady, consistent rental income. Regulations stipulate that REITs need to pay out at least 90% of their earnings as dividends. As most REITs pay out either a quarterly or half-yearly dividend, they are viewed as pseudo-fixed income in

While shoppers in Singapore were rushing to scoop up daily essentials like rice, instant noodles and toilet paper in supermarkets, the ongoing COVID-19 situation have also led to Singapore investors paying closer attention to the markets – buying and selling stocks to better align their portfolios to their investment objectives amid the changing economic climate. This can be seen from the surge in trading volumes across various sectors in January compared to 3-month average trading volume. These include Healthcare (+120.6%), Materials & Resources (+69.7%) and Financial Services (+58.1%). Fund flows from institutional investors also increased, with a net buy in January of $302.4 million compared to $291.7 million in December. For this instalment of 4 Stocks This Week, we will look at

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) broke out from the consolidation and hit historical high at 962.57.  The REIT index has changed from 926.24 to 941.99 (+1.70%). Currently the REIT index retraced back to the the previous resistance at the breakout. If this resistance is turned to support, the REIT index is expected to continue to trade higher. Probable direction for REIT index: Up. Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Jan 2, 2020. Fundamental Analysis of 40 Singapore REITs The following is the compilation of 40 REITs in Singapore with colour coding of the Distribution Yield, Gearing Ratio and Price to NAV Ratio. This gives investors a

Current Price on 15th Jan 2020 = $0.78Yield = 4.67%  Price-to-book Ratio = 0.896Assets per unit = $1.417Debt per unit = $0.546 (including current liabilities, perpetual securities and non-controlling interest)Gearing = 38.5%Secured NAV = $0.871 (111% of trading price)I sold Far East Hospitality Trust sometime last year and I have to say that I regret it a lot because ever since I sold it, it has been heading north. Here are the statistics.With current yield of 4.67%, it is much lower than most REITs in the market. However, one attractive factor is that their secured NAV is at 111% of their trading price. It means that if they are selling off their properties today, we will be getting $0.871 per share which is fantastic. Moreover, this secured NAV is not tied to any loans which ma

The weekly 4 Stocks This Week column on DollarsAndSense was started in 2017 with a simple objective was simple: to provide a convenient read each week for busy investors to stay updated with what is happening on the Singapore Exchange. 4 Stock This Week is not a recommendation from us to buy or sell any of the stocks that wke feature. Its purpose is to highlight interesting stocks that investors should be aware of, rather than to analyse these stocks. For this week’s edition, instead of the usual coverage of four stocks, we’ll do a year in review of the other 51 instalments of 4 Stocks This Week that our team has written in 2019. Over the past year (51 weeks), we’ve covered 123 SGX-listed stocks, 4 ETFs and 8 Daily Leverage Certificates. The most covered stock was Sas

REITs are a popular and important part of the Singapore Exchange (SGX). There are close to 50 listed REITs, property-related business trust and REIT ETFs in Singapore. There are also numerous other unit trusts invested into Singapore and foreign listed REITs in Singapore. To get a better understanding of how well or badly Singapore REITs have performed, we dedicate significant time and resources to publish a report card each quarter. If you wish to catch up on previous quarters, you can refer to our regular REITs Report Card column. Read Also: Complete Guide To Investing In Singapore REITs How Has Singapore REITs Performed In The Year-To-Date 2019 To gauge how the Singapore REIT market has performed in the year-to-date (YTD) 2019, we can look at the iEdge S-REIT Index and the iEdge S-REIT