To The Moon

This 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 T

This week's SGX earnings season only reminded the let go of Netlink due to cash flow and missed rounds of dividends with capital appreciation.

One-Sentence Review: Mapletree Logistics Trust's (M44U.SG) latest quarterly results showed a moderation in China's drag on rental growth, though the outlook in Eastern China remains challenging due to elevated vacancy and soft consumer spending, supporting analyst views of potential distribution growth ahead.

🌟🌟🌟 $CapLand Ascott T(HMN.SI)$ , the largest lodging & accommodation SReit in Asia Pacific, delivered a steady, quiet confident set of results this week - the kind that feels less than fireworks and more like a warm reminder that resilience, global recovery and patient compounding are still very much alive. @Tiger_SG @TigerStars @Tiger_comments @TigerClub @

Seems like both MT were trying to pivot too, and I was surprised it looked so bad, their fundamentals look right though. 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.

$Frasers L&C Tr(BUOU.SI)$ has been going up for a few weeks but is retracing now and primed for a buy!

This week’s SGX earnings felt like a real stress test for S-REIT investors. $OUEREIT(TS0U.SI)$ stood out as the dark horse—FY DPU up 8.3% with a strong 2H rebound shows the deleveraging strategy is working. An 18% cut in interest expenses and asset pruning is exactly what I want to see in this rate environment. On the other hand, the Mapletree duo $Mapletree Ind Tr(ME8U.SI)$ $Mapletree Log Tr(M44U.SI)$ tested my patience. DPU declines at MLT and MIT weren’t operational—occupancy is still solid—but driven by forex pressure and high rates. I’m not shaken on fund

This 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 T

This week's SGX earnings season only reminded the let go of Netlink due to cash flow and missed rounds of dividends with capital appreciation.

This week’s SGX earnings felt like a real stress test for S-REIT investors. $OUEREIT(TS0U.SI)$ stood out as the dark horse—FY DPU up 8.3% with a strong 2H rebound shows the deleveraging strategy is working. An 18% cut in interest expenses and asset pruning is exactly what I want to see in this rate environment. On the other hand, the Mapletree duo $Mapletree Ind Tr(ME8U.SI)$ $Mapletree Log Tr(M44U.SI)$ tested my patience. DPU declines at MLT and MIT weren’t operational—occupancy is still solid—but driven by forex pressure and high rates. I’m not shaken on fund

One-Sentence Review: Mapletree Logistics Trust's (M44U.SG) latest quarterly results showed a moderation in China's drag on rental growth, though the outlook in Eastern China remains challenging due to elevated vacancy and soft consumer spending, supporting analyst views of potential distribution growth ahead.

🌟🌟🌟 $CapLand Ascott T(HMN.SI)$ , the largest lodging & accommodation SReit in Asia Pacific, delivered a steady, quiet confident set of results this week - the kind that feels less than fireworks and more like a warm reminder that resilience, global recovery and patient compounding are still very much alive. @Tiger_SG @TigerStars @Tiger_comments @TigerClub @

Seems like both MT were trying to pivot too, and I was surprised it looked so bad, their fundamentals look right though. 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.

$Frasers L&C Tr(BUOU.SI)$ has been going up for a few weeks but is retracing now and primed for a buy!