Author: B

Many people distinguish their spending power and savings ability and treat them as two totally different functions. This is especially evident for the middle income group who thinks they must be separated because they serve for different purpose.  However, the key to a rich mentality is always about having the two important equation balanced out…

With all the earnings announcement done and dusted for the companies I’m vested in, it’s that time of the quarter where I’m ready to tally the amount of dividends that I will be receiving this quarter. For readers who are new to this blog, this is a sequence of exercise that I’ve been doing for…

Following my last article which I wrote on Ireit Global, there’s been a good amount of discussion from readers regarding the concern on tenant concentration that surrounds Ireit’s leasing activity over the past couple of years.  I am here to provide my own thoughts based on my working knowledge and a good balance discussion of…

This is a Reit I used to own in the past because of its strong profile then divested them due to the change in the manager and the possibility of an equity call because of its high gearing. Since then, they have done extremely well to mitigate by lowering their payout from 100% to 90%…

The much anticipated Singapore Budget of 2019 was conducted yesterday by our Singapore Finance Minister Heng Swee Keat, which was widely followed amongst Singaporeans and Resident Individuals.  I noted some of the changes related to some of the tax concessions which I am interested in: 1.) Personal Income Tax Rebate For YA 2019  As part…

Sasseur Reit reports their Q4 and FY18 results this evening which impresses. To recap, Sasseur is using a concessionary business model where retailers pay a fixed sum or percentage of revenue to the operator and it outsources the running of the retail malls operations such as the merchandising, cashiering, store management back to all the…

Following the announcement of their full year results earlier this week, which I blogged over here, the management invited a few of us down for a meet & greet session over a informal setting working lunch. I like that they are conducting frequent Q&A session with the analysts and also engaging the minority shareholders to address…

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Starhill Reit 377,000 0.68 256,360.00 29.0% 2. Vicom   31,300 6.29 196,877.00 22.0% 3. Frasers Logistic Trust 163,000 1.11 180,930.00 21.0% 4. Far East Hospitality Trust 230,000 0.64 147,200.00 17.0% 5. Manulife Reit   81,000 US$0.865  …

Far East Hospitality Trust (FEHT) reported their Q4 FY18 results this morning which shows Gross Revenue coming in 12.4% higher year on year and income for distribution 4.9% higher.  As a result, DPU for the 4th Quarter was up 3.1% year on year from 0.97 cents to 1 cents.  If we annualized the Q4 DPU,…

Manulife Reit published their Q4 FY18 results this morning which saw them registered an impressive 55.4% increase year on year on the Net Property Income (NPI) due to their 2018 recent acquisitions of the two buildings – Penn in Washington DC and Phipps in Atlanta). In terms of bottomline DPU performance, it grows by 3.6%…