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3Q 2017 passive income from non-REITs.

Saturday, September 30, 2017

I continue to invest more in non-REITs, reducing my reliance on S-REITs for passive income in the process.

The largest investment in non-REITs in 3Q 2017 was in SingTel.

See: SingTel and Netlink NBN Trust.

I accumulated a relatively large investment as SingTel's share price declined to below $3.70 a share.

I am more interested in the entity's ability to pay consistent and meaningful dividends although a special dividend from the sale of Netlink NBN Trust would be a nice bonus.

In 3Q 2017, I also nibbled at the following:

1. Wilmar.

2. Tuan Sing Holdings.

3. Comfort Delgro.

As usual, there is an investing for income angle in all my investments but that is where the similarity ends for these nibbles.

Adding to my investment in Wilmar when I did was to pay a fair price investing for growth. It is important that I am paid while I wait and Wilmar pays regular dividends.

See: Accumulating Wilmar.

Tuan Sing Holdings, similar to Guocoland, is an asset play. However, the gestation period is going to be longer because their recurring income engine is yet to be completed.

See: Invested in Tuan Sing.

ComfortDelgro is the newest member of my non-REITs portfolio. Sold down terribly due to Mr. Market's intense pessimism and with so much blood on the streets, I was curious enough to take a look.

See: Analysis of ComfortDelgro.

I feel that these new investments will probably strengthen my passive income stream from non-REITs in future.

In 3Q 2017, income received from non-REITs:

$ 24,538.58

Missing Croesus Retail Trust in future will result in much reduced passive income from non-REITs as the Trust accounts for more than half of the income received in the quarter.

Other than Croesus Retail Trust, the other more significant non-REIT income contributors in my portfolio in 3Q 2017 were Centurion, VICOM and Wilmar.

In 4Q 2017, my war chest will receive a tremendous boost in the form of a final distribution from Croesus Retail Trust as the sale of the Trust is completed.

Related posts:
1. 3Q 2017 income from S-REITs.
2. 2Q 2017 income from non-REITs.


AK71 said...

From my FB wall:

Fong Sau Yee:
Ever thought of diversifying into UMS holdings ?

I have been burnt by the cyclical semi-con sector before. Concentration risk in UMS is also very high. For peace of mind, I avoid.

sleepydevil said...

Ahh. The usual midas touch, AK is here!!
Do drop by when you're free :)

AK71 said...

Hi SD,

A bit of luck helps. :)

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