My Two REITs Pick for 2015 , if drop till horlan don't come gostan and scold me hor!

Ok B4 i start i need to put a large disclaimer .

DISCLAIMER : I don't have any vested interest in REIT s . My rudimentary understanding of REITs consists of 5hrs and above of "research" .



So here it goes , small kid's picks for REITs 2015. (To be awfully honest , small kid isn't really keen on the thought of me owning half of a basin somewhere in bukit batok or something like that la -.- it's just me , i know ) so with my ranting done , let's go .




PROs of REITs  : Liquidity , leverage on the law of large numbers to purchase space :) , better yields from the dividends as compared to a typical share counter with similar price point , 
** You get to own property!**


1) Mapletree Commercial Trust



Key Figures:



Current Price : SGD 1.43 / Share 

My Expected Share price by 3Q 2015 :

SGD 1.65 / Share

Div Yield : 5.44%  (Don't worry , not 444 la)
**LOOK OUT for Third Party Acquisitions lo**
    Look at the key tenants in its properties , look closely :p

This REIT why i picked leh? Very simple , you see ah , how many people go vivocity at least once in a year? Confirm got once one right? Then ask you again , every year you go walk walk , the shops got change? No right? very rarely has the tenants been chao-ing , you see the most easy to spot and profit margin not a lot one la , cause of the rent ma , the pet store still around means steady la ! 

So Ai Zai , steady a bit , don't worry , worst come to worst , the counter price never go up dividend yield steady steady win the big 3 liao , (Your Red junk ship , your Red rose with a white x one , then the red fence ) wah , all red hor... confirm won't harm people :p


Price/Book Value is a bit higher than SoilBuild at 1.23 , still ok la.

Growth potential is there ,still got more properties for it to acquire la on the market , skarli you see tomorrow some building on orchard got acquired hahahahah!

Period to watch : First two weeks of Jan 2015 , see if they got choot pattern or not !






2) SOILBUILD Business Space REIT 

I really have no idea what to write for Soilbuild Biz Space REIT , except it is a slow and steady horse           , looks a-ok on paper as it key tenants looks to be in business for the next 3 years at least ,                                                     **LOOK OUT for Third Party Acquisitions lo**
                                       Look at the key tenants in its properties , look closely :p



Key Figures:

Current Price : SGD 0.790 / share 

My expected price by 3Q 2015 : 
SGD 1.05 / Share 
(Absurd target , i know -.-)

Div Yield : 7.8% Swee ah!

I mean i like diversified counters la , so this Soilbuild fulfill that , commercial use but got different different pattern of tenants hehe :) 好吃啊!

The reason why i like this REIT is because it is YOUNG , YOUNG REIT wanna expand one , so the management's eyes and ears open big big one , next year can see if any land parcel kenna ambeh by them , then huat lo !

Plus you see the anchor tenants la , don't need to say too much , you look at fusionopolis one can liao, steady rite? 


Price/Book Value i also quite like , 0.9848 , not 1 yet , so got hope !

Period to watch : First Week of FEB 2015 !




So this post wasn't that boring after all right? There are 1001 blogs out there and tons of information out there for you to look at but ultimately , go with your GUT feel , because as an investor , you really need to know what you are paying for la , for traders , DYODD lor , my posts tend not to chunk data and figures and charts one , if you're interested in that , you can refer to google finance . 






Till next time , cheers.

Ken






Pics from google , Info from Bloomberg , SGX and Google Finance , analysis/nonsense commentary from me la

Disclaimer:


The views expressed in this Blog should not be used as financial advice. Accuracy of information in page cannot be guaranteed .

Readers need to do their own diligence.

I bear no undertaking in the information provided and for any losses incurred directly or indirectly based on the views expressed in the Blog.



















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