With all the earnings announcement finally done and underway (Netlink was the last to report yesterday), it’s my favorite time of the year where I get to tally the amount of dividends I will be receiving this quarter. Please do note that this 2nd quarter covered the period of the dividend cashflow from the period…
Author: B
Genting Singapore Ltd Q1 FY19 Results – Higher Capex & Lower FCF This Quarter
This will be just a quick update on their latest quarterly results since my last article on them which I wrote in March (here) and April (here) recently. Genting Singapore Ltd reported its Q1 FY2019 results yesterday evening which saw topline revenue and gross profit dropped by 5% and 16% respectively to $640m and $289m. Net…
The Stock Market Crashed Today!! Admit If You Shit In The Pants Today
It’s been a while since we last hear of something negative in the markets which sent markets across the globe plunging which most investors have to face in their routine battle against the market. With the infamous Trump’s Trade Tariffs back with more vengeance this time, this escalation has sent markets across the globe spiralling…
Why I Am Delighted With The Revised DBS Multiplier Changes
Savings have been an integral part of our approach towards financial freedom since we started working 12 years ago. There are many competitive savings accounts in the market that are giving out decent interest rates and meeting various needs of the consumers. When DBS Multiplier Account was first introduced in 2014, I quickly made the…
Manulife Reit Makes An Acquisition of Centerpointe
Barely a few days after Manulife Reit announces their Q1FY19 quarterly results which I covered here, they announces an M&A for two towers of Centerpointe I & II, which is South of Virginia (about 30 minutes from Washington DC). The acquisition of these freehold properties is at the implied cap rate of 7.55% for a Class…
ARA Hospitality Trust – Preliminary Prospectus IPO
After my previous article on Eagle Hospitality Trust (EHT), this would be another prospecting on a US hospitality trust which is slated to go public upon approval of listing from MAS. Like EHT, ARA-HT is claiming to be the very first US pure-play hospitality to be listed in SGX. I guess we’ll have to see…
Eagle Hospitality Trust – Preliminary Prospectus IPO
Eagle Hospitality Trust (EHT) is currently preparing for their public offering issuance and has lodged their prospectus with MAS. If you want to read their prospectus in detail, you can find them here. If successful, it will be the very first US pure-play hospitality Reit we have in SGX. It’s interesting to see the various pure…
Starhill Global Reit – Q3FY19 Results and Thoughts
Starhill Global Reit posted their Q3FY19 results yesterday evening which saw their revenue and NPI dropped slightly by 0.9% and 1.8% YoY. As a result, this brings a lower income available for distributional from the previous year quarter of $25.4m to $25m, a marginal drop. What is interesting is they decide to retain less for…
Manulife Reit – Decent Q1FY19 Result Start To The Year
Manulife Reit announced their Q1 FY19 results this morning which saw a 27.7% increase in Net Property Income (NPI) year on year due to the 2018 acquisitions of two buildings – Penn in Washington DC and Phipps in Atlanta. This trickles down to bottomline DPU performance which grows slightly by 0.7% year on year to…
REITs Symposium 2019 – Your Information Guide To Most Reits You Need To Know (Updated)
This is a quick update on my previous post on the upcoming Reits Symposium which will take place on the 18th May 2019 at the Marina Bay Sands Convention Center. Shareinvestor has updated me on the agenda details which includes the interesting panel discussion which includes several veterans from the Reits industry which I think…