tag:blogger.com,1999:blog-7944902213075756335.post5134080725636142689..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): Daiwa House Logistics Trust: Good or not?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger36125tag:blogger.com,1999:blog-7944902213075756335.post-34074804408323474022022-06-28T20:11:14.510+08:002022-06-28T20:11:14.510+08:00Hi AK,
I only remember what was in the prospectus...Hi AK,<br /><br />I only remember what was in the prospectus during IPO which was 76c NAV per unit.<br /><br />Back then, 1 Yen = S$0.0118 or so.<br /><br />Now, 1 Yen = S$0.0101 or so.<br /><br />So, you are right in that my estimate of 20% decline was too much as it is closer to 10%. ;p<br /><br />All the best in your investment. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32354198023854732452022-06-28T20:05:22.928+08:002022-06-28T20:05:22.928+08:00Hi redponza,
The Japanese government seems pretty...Hi redponza,<br /><br />The Japanese government seems pretty stubborn about capping the bond yields.<br /><br />Time will tell. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38514655099443710362022-06-28T19:34:23.667+08:002022-06-28T19:34:23.667+08:00Hi Ak,
NAV as of 31 March 22 is 86c.
Yen depreci...Hi Ak,<br /><br />NAV as of 31 March 22 is 86c.<br /><br />Yen depreciate around 9% from 31 March till now, I believe.<br /><br />If we take equivalent %, current NAV would be 78c, compared to closing price today of 67c.AKhttps://www.blogger.com/profile/04714172960081851399noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-52157799229247672992022-06-28T16:56:29.475+08:002022-06-28T16:56:29.475+08:00Hi AK,
The Daiwa trust has a monthly hedge on dist...Hi AK,<br />The Daiwa trust has a monthly hedge on distributable income in place...<br />What that means is that the amount of distributable income in Yen will lock in an exchange rate to SGD monthly. You can see that the income in Mar-Jun this year will take a hit and also their DPU in SGD will probably not meet their forecast in the near future if Yen stays weak....<br />So AK71 is correct!redponzahttps://www.blogger.com/profile/12482736417233080153noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-48826796864762261682022-06-28T16:49:27.593+08:002022-06-28T16:49:27.593+08:00Hi AK,
If the Japanese Yen did not decline some 2...Hi AK,<br /><br />If the Japanese Yen did not decline some 20% since February, then, it could possibly be a relatively good bargain at 66c a unit.<br /><br />Since the Yen has declined so much, then a similar decline in unit price doesn't make it undervalued.<br /><br />The NAV per unit in S$ terms should have declined in tandem.<br /><br />The unit price would probably have to decline much AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82736808388537912852022-06-28T13:56:06.212+08:002022-06-28T13:56:06.212+08:00Hi Ak,
Is Daiwa screaming buy at current price of...Hi Ak,<br /><br />Is Daiwa screaming buy at current price of 66c?AKhttps://www.blogger.com/profile/04714172960081851399noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-43931239198556348732022-05-25T15:44:01.997+08:002022-05-25T15:44:01.997+08:00Hi redponza,
I haven't been following develop...Hi redponza,<br /><br />I haven't been following development regarding Elite Commercial REIT as I have my eyes elsewhere.<br /><br />Sounds like a good development but I don't know enough of other possibly pertinent details to say anything else.<br /><br />If you feel like sharing your take on the REIT, I am sure we are all ears (or eyes) here. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85325987365197361052022-05-25T15:29:25.167+08:002022-05-25T15:29:25.167+08:00Hi ak,
Regarding your comment on Elite Commercial ...Hi ak,<br />Regarding your comment on Elite Commercial REIT, they have recently announced the removal of break option for the majority of their leases with the UK government to 2028 which removes the Sword of Damocles hanging over the REIT.<br /><br />In that case, given the high yield (also high gearing) and stable upcoming income, will you be interested in the REIT? <br /><br />Thanks.redponzahttps://www.blogger.com/profile/12482736417233080153noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17626866539171962862021-12-02T10:13:55.297+08:002021-12-02T10:13:55.297+08:00Hi Verseun,
Thank you for the very thoughtful com...Hi Verseun,<br /><br />Thank you for the very thoughtful comment.<br /><br />I have published my reply as a blog:<br /><a href="https://singaporeanstocksinvestor.blogspot.com/2021/12/comfortdelgro-ak-replies-to-comments.html" rel="nofollow">ComfortDelgro: AK replies to comments.</a>AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9002251753251016112021-12-01T18:50:45.471+08:002021-12-01T18:50:45.471+08:00Hi AK. I am actually concerned about the messages ...Hi AK. I am actually concerned about the messages the management is sending. <br /><br />1) It sent a message previously that it was prioritizing cashflow and was conservative. However it did an about turn on the IPO of its Australian subsidiary which could help the company unlock value.<br /><br />2) Around 70 to 80 percent of the business is from Public Transportation . Which sees increasing Verseunhttps://www.blogger.com/profile/01205361790029242563noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-49311074701641242862021-12-01T15:37:27.917+08:002021-12-01T15:37:27.917+08:00Hi Alan,
I increased my investment in ComfortDelg...Hi Alan,<br /><br />I increased my investment in ComfortDelgro in November last year.<br /><br />My opinion of ComfortDelgro has not changed since then and I am staying invested.<br /><br />I like the fact that I am being paid while waiting for recovery which now seems like it could be delayed due to the Omicron variant of COVID-19.<br /><br />Very unfortunate but it isn't a tragedy.<br /><brAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-33365067271987402462021-12-01T14:23:00.741+08:002021-12-01T14:23:00.741+08:00Hi AK
What do you think if if comfort delgro. Now ...Hi AK<br />What do you think if if comfort delgro. Now is about all time low.<br />I am holding to a considerable amount of it<br />I remember you buying it previously. Are you still holding it. <br />If yes do you think it is wise to average it. <br />Thanks<br />AlanAlanhttps://www.blogger.com/profile/17971046451176323429noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-48827505333021140882021-12-01T08:20:06.803+08:002021-12-01T08:20:06.803+08:00Hi Siew Mun,
I agree that the local banks are mor...Hi Siew Mun,<br /><br />I agree that the local banks are more attractive as investments for income than Digital Core REIT.<br /><br />It also makes sense for me as they make for a more resilient portfolio especially in the event that interest rates go higher.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27968737036663338292021-11-30T21:15:24.485+08:002021-11-30T21:15:24.485+08:00All the 3 banks at today's 30 Nov share price ...All the 3 banks at today's 30 Nov share price offers a dividend higher than 4.25% of DCR, they do not give out 100% of their profit, no currency exchange risk and no risk of changes to US tax withholding loopholes. Though it's not an apple to apple comparison. Siew Munhttps://www.blogger.com/profile/11468092627549905017noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-92009733575550599642021-11-30T15:23:56.198+08:002021-11-30T15:23:56.198+08:00Hi Betta man,
Wong YX asked me the same thing.
I...Hi Betta man,<br /><br />Wong YX asked me the same thing.<br /><br />If you scroll up, you will see my reply.<br /><br />I feel it is a business that is pretty hyped up and getting a distribution yield of 4.75% from an investment that distributes all its income and more than its earnings doesn't seem very attractive to me.<br /><br />Of course, like I said, this is a business which I probablyAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-13196546364859077372021-11-30T15:14:22.828+08:002021-11-30T15:14:22.828+08:00Hi Hongjin,
Just talking to myself as usual, of c...Hi Hongjin,<br /><br />Just talking to myself as usual, of course. ;p<br /><br />There are many blogs about % withdrawal to fund our retirement but I don't have a similar blog.<br /><br />I am sure it is all pretty subjective because how much we need in retirement is going to be quite different from person to person.<br /><br />It also depends on whether we are going to retire earlier or AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17773888035960820702021-11-30T13:48:33.240+08:002021-11-30T13:48:33.240+08:00Hi AK,
what is your opinion of the latest Digital...Hi AK,<br /><br />what is your opinion of the latest Digital Core Reits?Thks<br /><br />https://www.drwealth.com/digital-core-reit-ipo/Betta manhttps://www.blogger.com/profile/02597553932202096004noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55710135318265727202021-11-30T11:50:20.351+08:002021-11-30T11:50:20.351+08:00Thanks for your insights !! Really appreciated !
...Thanks for your insights !! Really appreciated !<br /><br />Btw, do u happen to have any articles about how much % we should withdraw from passive income during retirement ? <br /><br />Saw some talked about 4% withdrawal rule. Not too clear how they derive that. Does that rule change if my passive income grow at a much bigger % than 4%?<br /><br />Would like to do some calculation myself so thatHongjinhttps://www.blogger.com/profile/02531603078699836830noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38445545578476774802021-11-30T09:50:10.826+08:002021-11-30T09:50:10.826+08:00Hi Cory,
I usually give IPOs a miss and that was ...Hi Cory,<br /><br />I usually give IPOs a miss and that was what I did with Elite Commercial REIT (ECR.)<br /><br />Also, I was more interested in strengthening the proportion of non-REITs in my portfolio.<br /><br />To be honest, I was also somewhat wary of ECR's sponsors which partially share the same roots as VIVA Industrial Trust's sponsors and we know how I feel about VIVA. ;p<br /><AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-57486906489489336552021-11-30T09:12:07.502+08:002021-11-30T09:12:07.502+08:00Hi AK, just off topic a bit. Elite Comm Reit yield...Hi AK, just off topic a bit. Elite Comm Reit yield is high, and sturdy tenants. However it seems never in your radar at all. Is there something you see is not worth the risk ?<br /><br />Cory<br />Coryhttps://www.blogger.com/profile/18166646368324976318noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-52959602910550021192021-11-29T08:49:26.672+08:002021-11-29T08:49:26.672+08:00Hi Hongjin,
Oh, I rather like blockchain but I th...Hi Hongjin,<br /><br />Oh, I rather like blockchain but I think there is too much dishonest activity going on where crypto currencies are concerned.<br /><br />Of course, there is also too much misinformation on "investing" in crypto currencies.<br /><br />I doubt very much that the crypto currencies and gaming formula will become mainstream anytime soon especially after Steam said no AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-6233882351949394162021-11-28T16:49:49.414+08:002021-11-28T16:49:49.414+08:00Hahaha yeah...
Enjoy your gaming ! Maybe next ti...Hahaha yeah... <br /><br />Enjoy your gaming ! Maybe next time you want to explore the play to earn games on Blockchain? <br /><br />I know Blockchain or crypto is a big nono for u but just suggesting if and only if it becomes mainstream.<br /><br />Side note, miss my PS4 gaming days. But with kids, these times are hard to come by <br /><br />Hongjinhttps://www.blogger.com/profile/02531603078699836830noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-76609393168072542972021-11-28T16:32:39.249+08:002021-11-28T16:32:39.249+08:00Hi Hongjin,
As long as you have done your due dil...Hi Hongjin,<br /><br />As long as you have done your due diligence and know what you are getting into, it is a legitimate way to make some money.<br /><br />It isn't bad to have options (pun intended.) <br /><br />Bad AK! Bad AK! ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-88672858750404380272021-11-28T13:22:19.056+08:002021-11-28T13:22:19.056+08:00Ah icic.
Yah I'm definitely still holding my ...Ah icic.<br /><br />Yah I'm definitely still holding my dividend stocks. Just exploring if this particular wheel option strategy works in index fund, riding on the fact that it usually goes up long term.<br /><br />:)Hongjinhttps://www.blogger.com/profile/02531603078699836830noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53421449468259346772021-11-27T16:44:07.068+08:002021-11-27T16:44:07.068+08:00Hi Hongjin,
I don't have any interest in opti...Hi Hongjin,<br /><br />I don't have any interest in options trading but I know people who do it.<br /><br />Options trading to make money requires trading which is similar to what I used to do more of which was trading stocks.<br /><br />If we are good at it, we can make some good money but it isn't passive income.<br /><br />I have always thought that calling the money made through AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com