First Post

I will just dedicate this post to admin stuff like transferring existing information and plans that I have written down on paper into a post.

HPH Trust USD

Dividend (Annual) : 0.07 SGD

Bi-Annual Payout : June (0.03) and December (0.04)

Exchange Rate: 1.2752 @ time of calculation

2-Stage Plan:

1) Bought 5 lots @ 0.675 = $3375 USD = $4303.80 SGD

Dividend yield: 8.13%

2) Buy 5 lots @ 0.625 = $3125 USD = $3985 SGD

Dividend yield: 8.78%

Outcome: Average 10 lots @ 0.650 = $6500 USD = $8288.80 SGD

Dividend yield: 8.45%

Reason for purchase:

  1. MACD Bullish Divergence
  2. Price @ Resistance turn support (0.68)
  3. Can possibly hit 0.78 (But I’m playing for yield)
  4. Idle cash with no proper near-term opportunity for yield
  5. Good liquidity

 

Mapletree Industrial Trust

  • Global Exposure
  • 3.2b in assets
  • Stable and growing dividend payout
  • Expect 2014/15 DPU to be 10.04

Waiting for opportune timing : 1.30

At 1.30 (target), based on 10.04 DPU, dividend yield is projected to be 7.723% Expect steady 0.0251 quarterly dividend.

NAV as at 30 June 2014: 1.20

Debt ratio: 37.5%

Dividend Reinvestment Plan available: Pros – Snowball effect. Cons – Dilutive

Financial Position: Steady & Has sufficient banking facilities

Managers of Trust are paid in share units

New subletting policy from 50% to 70%. Commenced 1 Oct 2014. Grace period till 31 Dec 2017.

Implications:

  1. Harder to find new tenants
  2. Existing tenants forced to expand. They could possibly leave to seek cheaper alternatives (?)
  3. However, JTC new policy is islandwide. Cheaper alternative might be abroad.
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