Tbills - Auction Results is out! Cut off interest rate is 3.87 I think is not bad!

  Tbills Results is out! 

Cut off yield is 3.87, I think is not bad! 

October Tbills is opened for application from 5 to 12 Oct. 

You may apply through local bank - Online/invest/more transactions  - Apply for Gov securities. Select Tbills. 

Total amount Offered is 5.4b.

Pls dyodd. 

Tbills min amount to apply is $1000.

I think there is a cap limit of 1m unlike Singapore Saving Bond that has a cap to $200k.

The latest 

Auction: BS23119H 6-Month T-bill (New)

Has achieved a cut off yield of 4.07% which is very good interest rate. 

Usually, I will opt for non-competitive application as it is kind of gurantee without having to bid for your preferred interest of lets says 3.2% then you will not be able to secure for the medium cut off interest of 4.07%.

Application for non-competitive doesn't has to pay the $2 bank fee. I think same for competitive bid. 

For the next offer for Tbills you may check it out on via this web site. 

For individual investors

Check with the banks on the exact closing date for T-bills applications through the various channels.

For cash application: DBS/POSB, OCBC and UOB ATMs and internet banking portal.

For SRS application: Internet banking portal of your SRS Operator (DBS/POSB, OCBC, or UOB).

For CPFIS-OA application: You will need to submit an application via your CPFIS-OA agent banks (DBS/POSB, OCBC, or UOB). Application is restricted to your CPFIS-OA agent bank to facilitate the settlement process for SGS bonds and T-bills purchased under CPFIS-OA.

• DBS/POSB: Apply through DBS/POSB's internet banking portal.
• OCBC: Apply through OCBC’s internet banking portal or OCBC Digital application.
• UOB: Apply for SGS bonds in person at any UOB branch. Apply for T-bills through UOB’s internet banking portal.

For CPFIS-SA application: You will need to submit an application via your CPFIS bond dealers (DBS/POSB, OCBC, or UOB).

• DBS/POSB: Apply in person at any DBS/POSB branch.
• OCBC: Apply through OCBC’s internet banking portal or OCBC Digital application.
• UOB: Apply in person at any UOB branch.

FCT - Frasers Cpt Tr : Results will be out on 25th October before trading commence, do take note! Dividend is coming!

 

 Estimating dpu of 6.1 cents for the coming results,  yield is about 5.8% , do take note!

Pls dyodd.

The divestment of Hektar reit I think is a positive boost to boost their cash level. 

Chart wise, bearish mode!

I think it may go down tobtest 2.13 thab 2.11.

NAV 2.32 

I think good price is coming back! 

Pls dyodd.

One of the rare local retail reit counter I think is gd to put into our watch list or portfolio! 

It might be a gd passive income option.

With the recent acquisition of Nex shopping mall i think Npi may rise. Dpu may be maintain due to higher financial cost.

NaV 2.32. Yearly Dividend is about 12.2 cents.

Please dyodd.

Frasers Centrepoint Trust

Frasers Centrepoint Trust (“FCT”) is a leading developer-sponsored retail real estate investment trust (“REIT”) and the largest suburban retail mall owners in Singapore. FCT’s property portfolio comprises nine retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities. The retail portfolio has approximately 2.9 million square feet of net lettable area with over 1,800 leases with a strong focus on providing necessity spending, food & beverage and essential services.

FCT is among the top-ten largest Singapore REITs (“S-REITs”) by market capitalisation. It is also an index constituent of several benchmark indices including the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), FTSE ST Real Estate Investment Trust Index, MSCI Singapore Small Cap Index and the SGX iEdge S-REIT Leaders Index.

Frasers Centrepoint Trust's portfolio comprises high quality suburban retail malls and an office building, all located in Singapore. The retail malls include Causeway Point, Century Square, Changi City Point, Hougang Mall, NEX (effective 25.50%-interest), Northpoint City North Wing (including Yishun 10 Retail Podium), Tampines 1, Tiong Bahru Plaza, Waterway Point (50.00%-interest) and White Sands. The office building is Central Plaza, which is connected to the retail mall Tiong Bahru Plaza.

FCT's properties are located next to or near the MRT stations and bus interchanges and in populous residential areas. The retail malls enjoy high shopper traffic comprising residents and the commuters. FCT strives to offer pleasant and comfortable shopping experiences for all its shoppers that will encourage them to keep coming to its malls. FCT strives to be a fair and value-adding landlord through competitive lease rates, upkeep and enhancement of its retail and office properties, and be the preferred choice of tenants and stakeholders.

Occupancy rate of 99.2% is considered very good as it means that their rental spaces are fully occupied and generating rental revenue that would likely provide a stable dpu distribution rate. 

Gearing of 39.6% is slightly high but is still below 40% and a distance from the Max limitation of 50%.

NAV is about 2.32. Yearly Dividend of  about 12.2 cents.  Yield is about 5.7% which is quite good!

Frasers L&C Tr - She is bouncing off nicely from 1.06 to touch the high of 1.11 looks rather positive!

 I think she may rise up to test 1.16 than 1.21 - 1.26.

Pls dyodd.

 The price has been further pressed down to 1.06-1.07

Results will be out on 2nd November before trading commence. 

This is getting even more interesting with an yield of 6.8% . Good gearing ratio of 28.6, Price per book below 1. 

Bad time create golden opportunity!

Not a call to buy or sell!

Pls dyodd.

I think is a no-brainer strategy to get at 1.15 plus yield of 6.33%, gearing of 28.6% of which has plenty room to cushion the rate hikes plus expansion.  Trading below its NAV of 1.274 which is also another plus point.

Not a call to buy or sell!

Pls dyodd.

Chart wise, bearish mode!

She is trading at the price range of 1.17 to 1.21. 

Pls dyodd. 

  

She is rising up slowly,  good sign! Likely to cross over 1.20 and rises further towards 1.24-1.28. 

Pls dyodd.

 Frasers L&C Tr  - I think good price is back! Yield of 6.2%, gearing 28.6%. 

She is being pushed down to an oversold territory! At 1.18, yearly dividend is about 7.29 cents,  yield is about 6.2% .

I think current weakness in price could be due to AUD ex.rate is weakening against SGD.

Plus higher Operations costs that is eating into the distribution income.  But with higher rental reversion hope can cover some of these operations costs.

NAV 1.276.

She is hovering at the support level of 1.17.

Next support is at 1.13.

Not a call to buy or sell!

Please dyodd.

Mapletree Log Trust - Great price is here for this giant logistics reit yielding about 5.63%.

 Nibbled a bit at 1.60!

Results is due on 24th October,  estimating dpu of 2.26 cents. 

Yield is about 5.63% estimating yearly dividend of 9.02 cents. 

Pls dyodd.

I think sales is still on! 

This is one of the giant index logistics reit that has been expanding their assets and consistently increasing the dpu! 

Please dyodd.

 Closed at 1.64 after went ex.dividend looks like gd price is back!

At 1.64 , yield is about 5.5% which is quite a gd yield level for this blue chips index reit. 

Chart wise,  A nice pivot point is at 1.60 - 1.63.

Not a call to buy or sell!

Please dyodd.

 XD 1st August,  2.037 cents dividend.  

Price is down 3 cents to 1.70.

I think profit taking before going Xd.

Heng  ah, I have locked in kopi money this morning at 1.74.

Pls dyodd.

 Distribution income increased 3.1% to 112m.

Dpu increased 0.1% to 2.271 cents.

Occupancy rate 97.1%.

4.1 % rental reversions.

I think the results is not bad at least dpu is still up a little bit.

 

The power of CD! 

She is gaining strength and likely rise up to reclaim 1.75.

 Indeed, she has managed to reclaim 1.67 and rises higher to touch 1.71 looks rather bullish!

Likely to rise up further to test 1.75 and above.

Please dyodd.

Mapletree Logistics Trust (“MLT”) is Singapore’s first Asia-focused logistics real estate investment trust. Listed on the Singapore Exchange Securities Trading Limited in 2005, MLT invests in a diversified portfolio of quality, well-located, income producing logistics real estate in Singapore, Hong Kong SAR, Japan, China, Australia, South Korea, Malaysia, Vietnam and India.

The Manager, Mapletree Logistics Trust Management Ltd., is committed to providing Unitholders with competitive

total returns through the following strategies:

1. optimising organic growth and hence, property yield from the existing portfolio; 
2. making yield accretive acquisitions of good quality logistics properties; and
3. managing capital to maintain MLT’s strong balance sheet and provide financial flexibility for growth.

Recent acquisition of 6 logistics assets in Japan and a logistics assets in Korea.  

Portfolio Overview

Our properties, built to modern building specifications, are strategically located near to major expressways and established logistics clusters in nine geographic markets across Asia Pacific.

The Manager, Mapletree Logistics Trust Management Ltd., is committed to providing Unitholders with competitive total returns through the following strategies:

1. optimising organic growth and hence, property yield from the existing portfolio; 
2. making yield accretive acquisitions of good quality logistics properties; and
3. managing capital to maintain MLT’s strong balance sheet and provide financial flexibility for growth.

Our Vision

To be the preferred real estate partner of choice to customers requiring high quality logistics and distribution spaces in Asia-Pacific. 

Our Mission

To provide Unitholders with competitive total returns through regular distributions and growth in asset value. 

As a REIT established in Singapore, MLT is constituted by the Trust Deed. A copy of the Trust Deed can be inspected at the registered office of the Manager,which is located at 10 Pasir Panjang Road, #13-01 Mapletree Business City, Singapore 117438, subject to prior appointment.

 TA wise, she is still quite weak! 

Need to reclaim 1.67 in order to reverse this

 downtrend and rises higher!

Yearly dpu of 9 cents, yield is 5.5% of which I think is quite good! 

Gearing is below 40%. Market cap is about 8.225b. 

Please dyodd.

She is rising up to test 1.67 soon. Now trading at 1.65 to 1.66 as of 12th July 1.12pm. Awesome! 

CapLand IntCom Tr - (C38U.SI) - Wah, Nice rebound from 1.77 and touches 1.83 this morning looks like bull is in control!

 3rd quarter results update will be out on 26th Oct before trading commence!

Chart wise,  A nice white soldiers spotted on the chart yesterday looks like some buying activities!

Today it has managed to rise up to test 1.83 this momentum likely to continue!

Short term wise,  I think she may rise up to test 1.86 than 1.90 . Next, 1.97. 

Not a call to buy or sell!

Please dyodd.

CapitaLand Ascott Tr - Looks like gd price is here! Trading at 0.885 , yield is about 6%, gearing below 40% looks like a no-brainer strategy for this hospitality giant reit!

Indeed,  she has gone down to test 0.88.

I think likely to see a rebound from here!

nAV 1.138.

Yearly dividend of about 5.3 cents. 

Gearing 39%.

I think gd price is back! 

Pls dyodd. 

Chart wise,  bearish mode!

The recent PO price of 1.025 is trading a great discount to the current price of 0.915! 

Those took up the PO is having paper loss.

But on the other hand, I think gd price is back! 

NAV is about 1.138.

Yearly dividend is about 5.3 cents.

I think Gearing is below 40%.

Immediate support is at 0.915.

Next support is at about 0.88.

Not a call to buy or sell!

Please dyodd.