MacArthurCook reit

at301273
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14 years 3 months ago - 14 years 3 months ago #2576 by at301273

Replied by at301273 on topic Re:MacArthurCook reit

Bro, thanks for the Ang Pow news, something positive in the middle of this correction. I must be one of the few that hold this counter from day one till now......... Hopefully, it will not be Chartered Part 2......for me.

Last edit: 14 years 3 months ago by at301273.

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Dongdaemun
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14 years 3 months ago #2577 by Dongdaemun

Replied by Dongdaemun on topic Re:MacArthurCook reit

hello, me thinks this one is a safe investment for low-risk people: now yield is abt 10% p.a. I believe there is upside in capital appreciation because the new major owners (who took up placement shares recently) will add value to the REIT thru earnings-accretive acquisitions.

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AK71
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14 years 3 months ago - 14 years 3 months ago #2585 by AK71

Replied by AK71 on topic Re:MacArthurCook reit

Hi Harlequin, Yes, I agree. I have some which I bought at a price I would rather forget. Subscribing to the rights issue averaged down my purchase price, however. I also bought more units at 20.5c. The REIT\'s gearing is now the lowest amongst the Industrial REITs in Singapore. The yield is also attractive at >10%, like you mentioned. I also believe that it will continue to get re-rated upwards in time by the rating agencies. This might attract big boys like pension funds in future. I blogged about this sometime back: singaporeanstocksinvestor.blogspot.com/2...ustrial-reit-mi.html

Last edit: 14 years 3 months ago by AK71.

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erelation
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14 years 3 months ago - 14 years 3 months ago #2671 by erelation

Replied by erelation on topic Re:MacArthurCook reit

Hi AK71, Me pick up some today at 21.5cents.... result to be released on 5th Feb 2010.... I believe that the recovery is going to be slow but steady... taking this opportunity to sell some defensive counter and move them into high yield counters like Cambridge and AIMS-AMP Cheers....

Last edit: 14 years 3 months ago by erelation.

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Pharoah88
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14 years 3 months ago #2824 by Pharoah88

Replied by Pharoah88 on topic Re:MacArthurCook reit

High Gearing is the RISK as well as the REASON for its UNdervalue price.... :unsure:

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AK71
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14 years 3 months ago #2856 by AK71

Replied by AK71 on topic Re:MacArthurCook reit

Amongst the industrial property S-REITs, AIMS AMP Cap Ind REIT (what a long name) has the lowest gearing now. Yield is a decent 10% thereabouts. I very much prefer this to Cambridge Ind REIT, for example.

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