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 – Q4 FY18 Operational Performance Improves Again!
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 – Strong Performance To End The Year
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%…
Cash Flow Suffering? Roll Your Sleeves Up!
Cashflow is one of the most powerful success criteria for a company to survive and we have seen so many instances when a company struggles to stay afloat just because it couldn’t manage its’ working capital adequately. Cashflow is the one mighty factor why many of us are seeking so desperately for financial independence. Without…
Asia Wealth Virtual Summit 2019 – 23 February 2019
Information is often key to investors who are looking to gain the upper momentum to do well in their investment. You look for people who has skin in the game because they are likely to walk the talk and their credibility is often put on the line on whatever action they take. This year, Stansberry…
Jamaica Equities Market Up Almost 300% Over Past 5 Years
I was reading the January edition of the Bloomberg Businessweek when I came across an article on Jamaica’s equities market which I thought was interesting to share. Jamaica’s stock market is one of the best performing emerging markets in the past 5 years with gains closing in at almost 300%. This surpasses the more developed…
How Do You Value A Company With Negative Terminal Growth Rate (APTT Case Study)
Most valuations’ case study tends to focus on companies that are exhibiting positive growth rate in their earnings or cashflow over the next 5 years. They project the running cashflow rate by forecasting them over the next five years then discount them to the present value using a predetermined wacc rate. The alternative is to…
Recent Action – Starhill Global Reit
Just a quick update. After my previous incident covering back my position on UMS, I have some cash that I can allocate my position to and decide to further increase my position in Starhill Reit by purchasing an additional 130,000 shares at a price of 71.5 cents. My last purchase for Starhill was on the 7th…
Forced To Close Off My UMS Positions
In the spirit of being transparent, I thought I should give an update on my positions on UMS. Based on the last portfolio update in Jan earlier this month, I have provided an overview on my portfolio that I am holding a rather large short position in UMS of 325,000 shares. This was accumulated over…
Can SG Retail Scene Catch Up With Their Counterparts in HK?
Imagine yourself as a business owner who is looking out for a retail shop in an upper-scale mall located across either Singapore or Hongkong. The location could be located at the prestige Orchard Road or the Vivocity of Singapore or on the other sider at the oceanfront Harbour City or Times Square of Hongkong. Either…