tag:blogger.com,1999:blog-7944902213075756335.post759587878420991778..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): First REIT: Buying more?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-7944902213075756335.post-86193129728921194252011-03-21T19:51:23.147+08:002011-03-21T19:51:23.147+08:00Hi Drizzt,
Thank you very much. Much appreciated....Hi Drizzt,<br /><br />Thank you very much. Much appreciated. :-)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-22266305606464064912011-03-21T19:44:40.514+08:002011-03-21T19:44:40.514+08:00i believe it is this article >> http://www.i...i believe it is this article >> http://www.investmentmoats.com/stock-market-commentary/value-investing/first-reit-hedging-inflation-and-geographical-risks/Kyithhttps://www.blogger.com/profile/07617228143744544821noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-75167176608147430492011-03-21T13:02:38.750+08:002011-03-21T13:02:38.750+08:00Hi WK,
I do believe you are right. I remember tha...Hi WK,<br /><br />I do believe you are right. I remember that Drizzt wrote in and queried the management on a few issues and he was impressed by their response.<br /><br />To: Anonymous,<br /><br />You might want to visit Investment Moats: http://www.investmentmoats.com/AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-42825527671447134452011-03-21T12:40:54.924+08:002011-03-21T12:40:54.924+08:00i think theres some write up from investmentmoat o...i think theres some write up from investmentmoat on this quake thing. cant remember the details...WKnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38290103483176186012011-03-20T21:05:25.276+08:002011-03-20T21:05:25.276+08:00Hi Anonymous,
I am afraid I cannot give you an an...Hi Anonymous,<br /><br />I am afraid I cannot give you an answer. I would have to be a geologist or seismologist to be able to answer that one.<br /><br />Perhaps, the best people to answer the question would be the management. Send them an email? ;)<br /><br />Could you include your name or initials in future comments? Thanks.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32917861238754476362011-03-20T19:29:57.469+08:002011-03-20T19:29:57.469+08:00Hi ak, busta brought up a good point. Are you fami...Hi ak, busta brought up a good point. Are you familiar if any sites in Indonesias first REIT are exposed to quakes? If not we cab Rule out the riskAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-28292821221970372602011-03-20T19:25:41.052+08:002011-03-20T19:25:41.052+08:00Hi WK,
I believe First REIT made money selling th...Hi WK,<br /><br />I believe First REIT made money selling the Adam Road facility. Not a bad move if they are able to put the money to better use in future.<br /><br />Of course, if this bothers us sufficiently, we could write in and query the management. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-37422504136717140322011-03-20T19:20:30.614+08:002011-03-20T19:20:30.614+08:00how come first sold adam cancer center after dumpi...how come first sold adam cancer center after dumping $ to da reno... <br /><br />tot adam could contributing to first results..WKnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23578943089540400712011-03-20T00:25:32.971+08:002011-03-20T00:25:32.971+08:00Hi Busta,
Thanks for the comments. You did includ...Hi Busta,<br /><br />Thanks for the comments. You did include your name in the first post. ;)<br /><br />I am slowly increasing my investment in First REIT and hopefully will bring it up to be on par with my investment in AIMS AMP Capital Industrial REIT. I like it very much for the same reasons as you.<br /><br />First REIT is currently the third largest investment in my portfolio, overtaking AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-90078833994592190982011-03-19T23:32:06.262+08:002011-03-19T23:32:06.262+08:00btw I'm Busta if I forgot to leave my name for...btw I'm Busta if I forgot to leave my name for the post just now. :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9913413429909659472011-03-19T23:16:55.013+08:002011-03-19T23:16:55.013+08:00Hi AK71
First Reit is the top holding in my portf...Hi AK71<br /><br />First Reit is the top holding in my portfolio. At current price, it has a yield of 8.8%. But what made this most attractive is the low gearing of 14.2% (after sale of Adam Rd hospital to pay down the loan). I'm looking forward to their future acquisitions that will boost the DPU even more. And hopefully these are debt-funded so there should be no dilution from private Anonymousnoreply@blogger.com