tag:blogger.com,1999:blog-7944902213075756335.post3532553492390864253..comments2024-03-18T15:38:20.232+08:00Comments on A Singaporean Stocks Investor (ASSI): AIMS AMP Capital Industrial REIT is a fine investment for income.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger29125tag:blogger.com,1999:blog-7944902213075756335.post-56773323403043628822018-01-20T11:29:59.678+08:002018-01-20T11:29:59.678+08:00Hi Richard,
Oh, yes, you are right, of course.
...Hi Richard,<br /><br />Oh, yes, you are right, of course. <br /><br />Thanks for sharing this. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-43234309570934916072018-01-19T16:43:26.962+08:002018-01-19T16:43:26.962+08:00Hi Cindy,
the distribution you received in Januar...Hi Cindy,<br /><br />the distribution you received in January was an advanced distribution for two months due to the issue of new units on 1st December.<br /><br />http://ir.chartnexus.com/aimsampcapital/website_HTML/attachments/20171214_174924_O5RU_2E09YRYU2S7LNN13.1.pdf<br /><br />Your next distribution will complete the year with the last month's distribution from 1st to 31st December.RPhttps://www.blogger.com/profile/17695303458973909485noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15704954343875449482018-01-18T23:13:56.592+08:002018-01-18T23:13:56.592+08:00Jimmy Ng:
Is AA still as robust and having good m...Jimmy Ng: <br />Is AA still as robust and having good managers as it did during those 20cents days ?<br /><br /><br />AK:<br />Tough times for industrial properties. <br />A good quality manager is more important than ever and AA REIT has a good manager.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-78324098771143589512018-01-18T22:45:49.223+08:002018-01-18T22:45:49.223+08:00Hi Cindy,
The last quarterly dividend was paid on...Hi Cindy,<br /><br />The last quarterly dividend was paid on 21 Dec 17.<br /><br />DPU 2.55c.<br /><br />This gives us about 10c a year.<br /><br />At $1.35 a unit, the REIT approximately gives us a distribution yield of 7.4% per annum.<br /><br />AA REIT distributes income in Mar, Jun, Sep and Dec.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-28197219937981771252018-01-17T21:47:33.572+08:002018-01-17T21:47:33.572+08:00HI AK
Just received the dividends from AA in Jan ...HI AK<br /><br />Just received the dividends from AA in Jan and the amount is $19.10 per lot. If we assume 4x dividend distribution per year, the yield based on today's price is only 5.6%. I thought AimsAA was at 7% yield. Is my computation wrong?Cindyhttps://www.blogger.com/profile/14452166408211417728noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29513857946370382252018-01-16T15:45:22.100+08:002018-01-16T15:45:22.100+08:00Hi Kevin,
At a 20% premium to NAV too.
Good move...Hi Kevin,<br /><br />At a 20% premium to NAV too.<br /><br />Good move. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82968803023113654812018-01-16T15:41:00.006+08:002018-01-16T15:41:00.006+08:00AA Reit to divest factory building in Soon Lee Roa...AA Reit to divest factory building in Soon Lee Road for S$8.17 million.<br /><br />https://i.imgur.com/QDbNLOj.jpgKevinhttps://www.blogger.com/profile/16280702711941276740noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-81135679344259403162017-08-31T22:42:42.181+08:002017-08-31T22:42:42.181+08:00Hi Kevin,
Everything remaining equal, this should...Hi Kevin,<br /><br />Everything remaining equal, this should give revenue a slight bump upwards. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-4423583372369311802017-08-31T16:40:37.656+08:002017-08-31T16:40:37.656+08:00AA Reit obtains TOP for property redevelopment in ...AA Reit obtains TOP for property redevelopment in Tuas. :) :) :)<br /><br />http://i.imgur.com/XTNDoyY.jpgKevinhttps://www.blogger.com/profile/16280702711941276740noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-24171677603269859642017-07-26T12:18:07.339+08:002017-07-26T12:18:07.339+08:00Hi JQ,
I have been spending most of my time well ...Hi JQ,<br /><br />I have been spending most of my time well and kicking (monsters) in Neverwinter. ;p<br /><br />Before AA REIT embarks on any redevelopment, they would secure a tenant first, always. You can rest easy. ;)<br /><br />Glad to hear that you have been productively busy. I have been unproductively busy. -.-"AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-6368228941021903032017-07-26T12:04:35.629+08:002017-07-26T12:04:35.629+08:00Dear AK,
I haven't seen you around or comment...Dear AK,<br /><br />I haven't seen you around or commented on your blog in a loooong time. Glad to see you are well and kicking :P<br /><br />The stock market seem brimming in health. Good REITS despite the increasing interest rates sem to also be doing well. AA is one of the main bulk of my portfolio too for income than capital gain.AA Tuas site is not leased yet right? I have been busy to Potatoishhttps://www.blogger.com/profile/18408440404891909717noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-52017515945878299862017-07-26T11:59:53.506+08:002017-07-26T11:59:53.506+08:00Hi Kevin,
This was one reason why I decided to ac...Hi Kevin,<br /><br />This was one reason why I decided to accept a lower yield from FLT. ;)<br /><br /><a href="http://singaporeanstocksinvestor.blogspot.sg/2017/02/frasers-l-trust-and-capitaland-retail.html" rel="nofollow">Why Frasers Logistics Trust?</a>AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-34236628254790583252017-07-25T18:34:39.989+08:002017-07-25T18:34:39.989+08:00Hi AK and CS,
Industrial REITS have shorter land ...Hi AK and CS,<br /><br />Industrial REITS have shorter land leases and therefore should command a higher yield. At the current yield of below 8%, it is rather unattractive.<br /><br />Do take note that the STI have gained 15% YTD and for the past 3 years there was a correction around the National Day period. ;)Kevinhttps://www.blogger.com/profile/16280702711941276740noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-91687688003668655162017-07-25T17:03:02.402+08:002017-07-25T17:03:02.402+08:00Hi CS,
No. I won't tell you that. Instead, I ...Hi CS,<br /><br />No. I won't tell you that. Instead, I will tell you this:<br /><br />Ask why would you pay a premium to NAV? Usually, it is because you believe that someone is going to pay a higher price for the properties or that the REIT is able to increase asking rents in future.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-30160615307352337942017-07-25T15:57:41.241+08:002017-07-25T15:57:41.241+08:00Hi AK, AA is currently trading at a premium of 6% ...Hi AK, AA is currently trading at a premium of 6% to its NAV. Given the fact that the REIT is well managed, I am wondering is it worth it to enter the market now when the shares is traded at a premium to its NAV. Could you please enlighten me what's the acceptable range of premium to NAV for industrial S-REIT like AA? Thank you very much.CShttps://www.blogger.com/profile/10814695707999935769noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-91301437591804475992017-06-06T09:52:44.614+08:002017-06-06T09:52:44.614+08:00Hi TFP,
All investments are good at the right pri...Hi TFP,<br /><br />All investments are good at the right price.<br /><br />If a property has only 10 years left to the lease but offered me 20% a year in returns for the rest of its life, I would still buy it. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20434152602404642182017-06-05T22:19:55.169+08:002017-06-05T22:19:55.169+08:00Hi AK71, could you explain how to justify investin...Hi AK71, could you explain how to justify investing in Industrial Reits when the property has short leasehold period vs investing in Reits which holds 99/999/freehold office property? Yield maybe only a certain percentage more. But the numbers of years lease is so much more.<br /><br />Thank you.TFPhttps://www.blogger.com/profile/02651484207978130631noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-68940773865958634542017-06-05T09:50:48.244+08:002017-06-05T09:50:48.244+08:00Hi Cindy,
All industrial properties landlords are...Hi Cindy,<br /><br />All industrial properties landlords are facing the same challenges. The numbers at AA REIT show that they are no exception.<br /><br />For anyone who is interested in investing in industrial REITs even in the current climate, investing in better managed ones like AA REIT is the way to do it.<br /><br />We have no control over macro economics and can only make the best of the AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-10610461161636824052017-06-04T17:54:01.773+08:002017-06-04T17:54:01.773+08:00HI AK
The occupancy level at AA Reit is reducing ...HI AK<br /><br />The occupancy level at AA Reit is reducing YOY and is now only 93% (FY 16 annual report) though its higher than the industry average of 90% and the tenant weighted average lease to expiry is also the lowest of his history at 2.8. Also they have around 60% of their assets pledged as securities to the banks. Are these any concern to you?<br /><br />You also mentioned previously Cindyhttps://www.blogger.com/profile/14452166408211417728noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-12337752408327768032017-04-15T12:18:18.038+08:002017-04-15T12:18:18.038+08:00Standard & Poor’s (“S&P”) has reaffirmed i...Standard & Poor’s (“S&P”) has reaffirmed its investment grade rating of ‘BBB-’ with a stable outlook.<br /> <br />The stable rating reflects S&P’s expectations that AA REIT will continue to generate steady cash flows with its portfolio of good quality assets, stable occupancy rates and well-staggered lease expiry profile. <br /><br />S&P also believes that AA REIT’s strategy of AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-5577095033246348522017-04-04T10:18:06.913+08:002017-04-04T10:18:06.913+08:00Hi redponza,
In a nutshell, there is an oversuppl...Hi redponza,<br /><br />In a nutshell, there is an oversupply of industrial space and, of course, the economy has not been growing as much.<br /><br />You might want to search for news on industrial REITs in Singapore. Of course, you might also want to read my past blog posts on AA REITs and other industrial REITs to get an idea. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20566558943735161572017-04-03T17:56:50.585+08:002017-04-03T17:56:50.585+08:00Hi AK, may you share why the DPU dropped and if th...Hi AK, may you share why the DPU dropped and if this is long lasting?<br />I am new to this counter, thanks.redponzahttps://www.blogger.com/profile/12482736417233080153noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-78700227937724350182017-03-30T15:45:38.790+08:002017-03-30T15:45:38.790+08:00Hi Kevin,
AA REIT for the win!
Should be AAA rat...Hi Kevin,<br /><br />AA REIT for the win!<br /><br />Should be AAA rated. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9879894563760208522017-03-30T15:01:25.906+08:002017-03-30T15:01:25.906+08:00Hi AK,
Not forgetting what will happen to the dem...Hi AK,<br /><br />Not forgetting what will happen to the demand for Tuas' industrial spaces when PSA starts operations at Tuas. :PKevinhttps://www.blogger.com/profile/16280702711941276740noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-78939931912454201012017-03-29T14:00:07.962+08:002017-03-29T14:00:07.962+08:00Hi Scopion,
I have no idea if they will offer it ...Hi Scopion,<br /><br />I have no idea if they will offer it every quarter. <br /><br />To me, if it happens, it happens. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com