tag:blogger.com,1999:blog-7944902213075756335.post5449348104980488836..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): Cambridge Industrial Trust: Worth another look.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-7944902213075756335.post-33798629185307414272013-07-25T12:28:14.348+08:002013-07-25T12:28:14.348+08:00Hi Yee,
Haha... I won't know. I have never bo...Hi Yee,<br /><br />Haha... I won't know. I have never borrowed to invest in the stock market before.<br /><br />Some people told me I should explore the possibility. Nah. I am conservative when it comes to personal debt.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-75184798811957332072013-07-25T12:23:21.079+08:002013-07-25T12:23:21.079+08:00Hi Ak71,
Maybe you can share with me where to get...Hi Ak71,<br /><br />Maybe you can share with me where to get the 100% borrowed fund... :)<br /><br />Forex Guruhttps://www.blogger.com/profile/07038750232911100863noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-40753047485897383702013-07-25T12:22:12.378+08:002013-07-25T12:22:12.378+08:00Hi Yee,
Oh, I see. :)
What if someone were to in...Hi Yee,<br /><br />Oh, I see. :)<br /><br />What if someone were to invest with 100% borrowed funds instead? What is the effective yield for him?<br /><br />Just something that popped into my mind. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-78343420928286645292013-07-25T12:03:11.653+08:002013-07-25T12:03:11.653+08:00Hi AK71,
What i meant is i am using leverage with...Hi AK71,<br /><br />What i meant is i am using leverage with 50% cash + 50% debt. The debt is at 3.5% interest and dividend yield for AREIT now is 6%+<br /><br />Hence effectively the total yield based on 50% cash is >8.5%<br /><br />Forex Guruhttps://www.blogger.com/profile/07038750232911100863noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58493019347716767962013-07-25T11:57:22.249+08:002013-07-25T11:57:22.249+08:00Hi Yee,
I share your feelings regarding Sabana RE...Hi Yee,<br /><br />I share your feelings regarding Sabana REIT having room to increase their asking rents.<br /><br />I don't understand your comment on investing in A-REIT with leverage though. How is it that your cost of debt is 3.5% and yet you could get 8.5% return?<br /><br />With Marco Polo Marine, I think that we have to be patient. A holding period of 12 to 24 months will most AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-76194948980723137632013-07-25T11:42:55.725+08:002013-07-25T11:42:55.725+08:00Hi AK71,
Thanks... i think both AIM REIT and Saba...Hi AK71,<br /><br />Thanks... i think both AIM REIT and Sabana are good for high yield investment.<br /><br />For Sabana REIT, the only concern is the renewal of master contract for their sizeable property which expires Nov this year. Given that their rental rate is below current market rate, i think it will be positive for the REIT.<br /><br />For myself, i am holding AscendaREIT with leverage Forex Guruhttps://www.blogger.com/profile/07038750232911100863noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38471748811282614682013-07-25T11:37:31.801+08:002013-07-25T11:37:31.801+08:00Hi Yee,
Yes, you remember! Chris Calvert was the ...Hi Yee,<br /><br />Yes, you remember! Chris Calvert was the guy who landed MI-REIT (now AIMS AMP Capital Industrial REIT) in BIG trouble and had the cheek to create more mayhem and lost millions for Cambridge Industrial Trust in the process when George Wang et. al. tried to recapitalise MI-REIT.<br /><br />Some people think I have a personal grudge against Chris Calvert because I was talking AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-14314129305830294192013-07-25T10:22:50.779+08:002013-07-25T10:22:50.779+08:00Hi AK71,
I am glad that i no longer hold any Camb...Hi AK71,<br /><br />I am glad that i no longer hold any Cambridge REIT. Although they have waived 50% of the so called performance fees. <br /><br />I think this structure is not correct or benefit to all parties. Management should have performance fees based on increase in distribution income instead of market cap.<br /><br />Saying good bye to them.... no comfortable with the leadership anymoreForex Guruhttps://www.blogger.com/profile/07038750232911100863noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-51079004398343427042013-07-24T09:18:22.328+08:002013-07-24T09:18:22.328+08:00Hi Yee,
They waived 50% of the performance fee to...Hi Yee,<br /><br />They waived 50% of the performance fee to avoid a public backlash. They didn't have to, of course.<br /><br />A performance fee based on Market Capitalisation doesn't make sense to me. People want to invest in stocks which reward them. Now, if the unit price should go up, investors are penalised instead? Some of us might remember that this happened with CitySpring AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-86303909775506542522013-07-24T08:36:00.411+08:002013-07-24T08:36:00.411+08:00Hi AK71,
Have you take a look at Cambridge REIT l...Hi AK71,<br /><br />Have you take a look at Cambridge REIT latest result annoucement?<br /><br />I am surprised by the large performance fee which is charged based on Market Capitalization resulting in fee of $27.7 million which is almost equal to 6 months of distribution income to unit holder.<br /><br />The manager opt to waive 50% of the fee but i should think that this is way too much.... Forex Guruhttps://www.blogger.com/profile/07038750232911100863noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85113630645841757262011-10-15T13:54:53.643+08:002011-10-15T13:54:53.643+08:00Hi Calvin,
I already have a long position in this...Hi Calvin,<br /><br />I already have a long position in this REIT. I am in no hurry to buy more.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-4496078677790511752011-10-15T13:44:37.457+08:002011-10-15T13:44:37.457+08:00AK,
Just buy a little bit for fun la. But I would...AK,<br /><br />Just buy a little bit for fun la. But I would wait till the price comes to about $0.42-$0.43. That was my purchase price just last couple of weeks.<br /><br />Calvin<br />http://www.investinpassiveincome.comCalvinhttp://www.investinpassiveincome.comnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-28817631688403212182011-10-14T22:31:40.848+08:002011-10-14T22:31:40.848+08:00Hi INVS 2.0,
Mr. Chris Calvert has failed us befo...Hi INVS 2.0,<br /><br />Mr. Chris Calvert has failed us before and I can only hope that the initiatives listed here will be executed flawlessly. <br /><br />Crossing fingers. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-8770809139077680472011-10-14T19:28:29.556+08:002011-10-14T19:28:29.556+08:00Hi Ak71,
I thought you dislike its boss? Haha......Hi Ak71, <br /><br />I thought you dislike its boss? Haha...INVS 2.0noreply@blogger.com