Eyes 👀 on REITS today 🔎

SR050321
2022-09-06

I look at my SG REITS portfolio wondering why are these companies continue to dip ? while valuations are so low, PB less than 1, but no one care on PB anymore ? To me PB important, it represents the book value of the stock we buy, i understand no one want to get rich slowly [Chuckle] so whatever stock got higher chance to go up, grab it, but we can be a victim of pump and dump like that ? [Surprised] 

Incase tiger friends are looking at high dividends, REITS is one of choices, with the current price are low, good chance to add ? Pls DYODD [Smile] 

pls consider the market Cap, property locations, do research on the REITS and compare it among its peers. 

The following REITS are at the bottom of my portfolio today, is it because of interest rate hike? low demand for REITS ? Low demand for office ? Eventually people will go back tooffice my opinion.

$Prime US ReitUSD(OXMU.SI)$DY 11%, mark cap USD 730M, PE 8, Property : office in USA

$KEPPEL-KBS US REIT(CMOU.SI)$DY 9.6% mark cap USD 673M, PE 7, Property : office in USA

$IREIT GLOBAL(UD1U.SI)$DY 7.3%, mark cap EUR 641M, PE 3 [Surprised] Property : office in Ger, Spain, France

Invest wisely and continue to diversify 💕

@TigerStars

Who still believe in REITS ? thanks for readiy. [love you] 

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Comments

  • WealthyKitty
    2022-09-08
    WealthyKitty
    Is a dividend / defensive stock. With rising interest rate, institutional investors and fund companies will have less incentive to invest in reits given the risk-return compared to risk free bonds.
    • MamaProfit: 
      snjss
    • SR050321: 
      When choose reits strong sponsor also not dip so much in down turn like this. But this post the 3 dip alot, i think due to small, less support from institutional/fund co ?
  • Evey77
    2022-09-08
    Evey77
    The way of working has changed, some will go back to the office, but there would also be some that don’t. Some offices have permanently downsized their office footprint and reinvest savings elsewhere.
  • kianweiting
    2022-09-08
    kianweiting
    Some investors are worried whether these REITs are able to refinance their existing debts when they are due and that refinancing cost could be high due to current interest rates environment.
    • SR050321: 
      Yes but all business also got loan, i thought REITS debt is just like mortgage ? So bank already approve the financing of the property just that have to repricing the interest rate now n then [Smile]
  • limnorth
    2022-09-07
    limnorth
    While reits generally dont like interest hikes but there will be those that are better managed. There are other options than borrowing fr banks which will insulate a bit
  • LMSunshine
    2022-09-06
    LMSunshine
    🤔 From what I read REITs don’t do well during interest rate hikes so people likely to sell. I didn’t buy reits as it’s high risk to me.
    • LMSunshineReplySR050321: 
      Maybe monitor first before DCA, especially until after Feds rate rise as may drop further. But also may increase after announcements😅😂
    • SR050321ReplyLMSunshine: 
      Ya ppl life so hard oredy, still increase 😵‍💫 do u think other stocks will be effected if fed increase ? Even nasdaq spy dip alot [Spurting] lucky mine more SG [Smile]
    • SR050321: 
      Waiting the worse in Sept, to DCA down, Coz i have many counter usually i buy a bit by bit to diversify. My worse loss still not REITS, its the other stocks so i try to bal w div stock 😊
    • SR050321: 
      Thanks for yr insight [Smile] i already into it before the bear started, the dividend is attractive n stock is cheap coz can buy min 100 pcs, thats why now i find it even cheaper…[Facepalm]
  • Ligercub
    2022-09-08
    Ligercub
    To me if reit down mean chances to jeep more. Buy buy but!!!!!
    • SR050321: 
      Got to choose best of the best [Happy]
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