Reward 500 Tiger-coinsThis week’s SGX earnings season is incredibly busy, featuring: $Mapletree Log Tr(M44U.SI)$ , $OUEREIT(TS0U.SI)$ , $Mapletree Ind Tr(ME8U.SI)$ , $CapLand Ascott T(HMN.SI)$ , $Micro-Mechanics(5DD.SI)$ , $NetLink NBN Tr(CJLU.SI)$ , $StarhillGbl Reit(P40U.SI)$ , $CDL HTrust(J85.SI)$ , $Keppel DC Reit(AJBU.SI)$ , and $Mapletree PanAsia Com Tr(N2IU.SI)$.
While the data shows a mix of red and green, the most "real" metric is the profit and loss in your own account.
Mid-Week Recap of S-REITs
The Dark Horse: OUE REIT (TS0U) rises 2.7% this week
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Full-year DPU +8.3%, with a massive 10.6% jump in the second half (2H)
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A sharp 18% drop in interest expenses and the divestment of underperforming assets. This "deleveraging" play was a masterclass in financial management.
⚖️ Under Pressure: The Mapletree Duo ( $Mapletree Log Tr(M44U.SI)$ & $Mapletree Ind Tr(ME8U.SI)$)
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3Q DPU declined by 9.3% and 7.0% respectively.
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While operational occupancy remains rock-solid, they were hit hard by "forex assassins" (weakening currencies) and a sustained high-interest-rate environment.
The numbers are out, and it’s time to see how the market is really feeling. We’re inviting you to join the conversation!
How to participate
1️⃣ One-Sentence Review: Sum up your thoughts on any SGX earnings report released this week in just one sentence.
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Example: “OUE’s turnaround just saved my dividend yield for the year!”
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Example: “Mapletree Logistics is still fundamentally strong; I’m just waiting for the forex tide to turn.”
2️⃣ Show Your P/L (The Screenshot Challenge): Data is great, but results are better.
Share a screenshot of your profits or your updated holdings. Whether it’s the joy of dividends hitting your account or your strategy for holding through the volatility—let’s see your real-world performance!
Rewards
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Top Analyst Award: The 3 most insightful or professional comments will win 100 Tiger Coins.
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Lucky Investor Award: The most-liked P/L screenshot will receive 100 tiger coins!
Leave your comments to win tiger coins~
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Comments
@Tiger_SG @TigerStars @Tiger_comments @TigerClub @CaptainTiger
一句話總結本週：市場不再獎勵宏大敘事，只獎勵真實、能落袋的現金流改善。選 S-REITs，與其盯紅綠，不如問一句——這份分派，明年還能不能穩住。
There is still time to adjust to the lower interest rates, so that would be the easy lever to pull. It would also be wise to look to get ahead of their remaining tenancies and lock up the leases to calm the nerves of investors (I recall that one of the two had an average of less than 3 years which sounds shaky).
It is also worrying that their DPUs are dropping, while in contrast OUE is going up.
Undoubtedly, OUE emerged as the dark horse, +8.3% is impressive, totally unexpected.