A Path to Forever Financial Freedom (3Fs)

[...] Book Value is essentially a measure of all the company's assets minus liabilities. In other words, they [...]

[...] out for a few lists of property stocks lately where they are trading at a discount to their book value. This is not surprising given the disappointing market sentiment towards various property curbs [...]

[...]  Jason in the previous post, I went to read further on Greenwald's take on reconstructing the book value using a Reproduction Cost Basis methodology which I will talk in detail in this part 2 series [...]

[...] It is no surprising that as a growth company, the payout ratio is at the lower end of the tail. Book Value If we take a look at the book value, they are currently trading at a discount, which is what [...]

[...] that the management looked somewhat unsure what to do with their huge cash amount in the balance sheet. I would like to see them grow the dividends a little slower but it appears that the [...]

[...] would rather they do it the Vicom or Kingsmen way, slow and conservative but more sustainable. Balance sheet remains solid with cash equivalent increasing to $48 million from $44 million last year and [...]

[...] . What about you? How are you preparing for a market pullback scenario? Look at your own balance sheet, are you sufficiently ready to tackle a bear market? [...]

[...] with the Reproduction Cost value method discussed in the previous post. Just like how the balance sheet had to be adjusted in the Reproduction Cost method, the income statement had to be adjusted [...]

[...] OUE Ltd has just announced a proposed divestment sale of their crown jewel in Crowne Plaza Changi Airport [...]

[...] I opened a position not too long ago for OUE Ltd and have explained my rationale for buying them (See Here). The fundamental reason for my [...]

[...] . FraserCommercial Trust 11 1.36 14,960.00 5.0% 10. ST Engineering 4 3.68 14,720.00 5.0% 11. OUE Ltd 5 2.16 10,800.00 4.0% 12. Ascendas Hosp. Trust 7 0.72 5,040.00 2.0% 13. Stamford Land 4 0. [...]

[...] . FraserCommercial Trust 11 1.41 15,510.00 6.0% 9. ST Engineering 4 3.71 14,840.00 6.0% 10. OUE Ltd 5 2.09 10,450.00 4.0% 11. Ascendas Hosp. Trust 7 0.705 4,935.00 2.0% 12. Stamford Land 4 0. [...]

[...] 15,180.00 5.0% 9. Neratel 20 0.765 15,300.00 5.0% 10. First Reit 10 1.20 12,000.00 4.0% 11. ST Engineering 4 3.77 15,080.00 5.0% 12. Second Chance 13 0.47 6,110.00 2.0% 13. Ascendas Hosp. Trust 7 0.75 [...]

[...] stocks that yield good returns over the past couple of years, proven. Stocks such as ST Engineering or Singtel are what I have in my mind. + : Higher returns - : May be subject to recessions [...]

[...] Ind 250.00 Ascott 591.00 FraserCommercial Trust 240.00 Neratel 400.00 First Reit 200.00 ST Engineering 90.00 China Merchant Pacific 665.00 Stamford Land 90.00 2714.00 With SGX loosening from 1000 [...]

[...] 6.0% 8. FraserCommercial Trust 11 1.40 15,400.00 6.0% 9. Neratel 20 0.79 15,800.00 6.0% 10. ST Engineering 4 3.65 14,600.00 5.0% 11. First Reit 10 1.235 12,350.00 4.0% 12. Ascendas Hosp. Trust 7 0.74 [...]

[...] .00 5.0% 10. OUE Ltd 5 2.05 10,250.00 4.0% 11. Ascendas Hosp. Trust 7 0.70 4,900.00 2.0% 12. Stamford Land 10 0.55 5,500.00 2.0% Total SGD 280,820.00 100.00% There has been quite a number of buying [...]

[...] 4 2.04 8,160.00 10. OUE Ltd 5 1.69 8,450.00 11. Ascendas Hosp. Trust* 7 0.68* 4,760.00 12. Stamford Land 4 0.18 720.00 Total SGD 111,520.00 $111,520!!! That's a 124% drop in the market value to what [...]

[...] I accumulate a little more of Stamford Land today after the stock price consolidate at around $0.55. With this purchase, I now own 10 lots [...]

[...] 5.0% 10. OUE Ltd 5 2.03 10,150.00 4.0% 11. Ascendas Hosp. Trust 7 0.67 4,690.00 2.0% 12. Stamford Land 10 0.54 5,400.00 2.0% 13. King Wan 5 0.30 1,500.00 1.0% Total SGD 279,780.00 100.00% [...]

[...] a crystal ball, but I am going to make a bold prediction regarding the Reit. Every investor of Ascott Reit should know the management objective which they have highlighted several times in the past [...]

[...] ; when they say so in the pro-forma financial effect. A good counter example of this would be Ascott Reit or Capitamall Trust. Like AHT or LMIRT, the management likes to raise funds to acquire new [...]

[...] 16.0% 3. SembCorp Ind 9,000 4.19 37,710.00 13.0% 4. Vicom 6,000 6.30 37,800.00 13.0% 5. Ascott Reit 15,000 1.29 19,350.00 7.0% 6. Mapletree Greater China Commercial Trust 20,000 0.98 19, [...]

[...] I manage to divest all my 15 lots of Ascott Reit today at a price of $1.31. This has been a very good performing counters for years and gave me [...]

[...] Trust (FCT) 835.00 28-Nov-14 FraserCommercial Trust (FCOT) 244.00 28-Nov-14 China Merchant Pacific 875.00 7-Nov-14 Mapletree Greater Comm 632.00 24-Nov-14 Ascendas Hospitality Trust 171.00 [...]

[...] has been quite a number of buying activities for the month of Nov as I accumulated more China Merchant Pacific, Sembcorp Industries and Stamford Land. You can review my previous posts on the analysis [...]

[...] ,825.00 7.0% 6. Mapletree Greater China Commercial Trust 20 0.89 17,800.00 7.0% 7. China Merchant Pacific 19 0.92 17,480.00 6.0% 8. FraserCommercial Trust 11 1.38 15,180.00 5.0% 9. Neratel [...]

[...] FraserCommercial Trust 240.00 Neratel 400.00 First Reit 200.00 ST Engineering 90.00 China Merchant Pacific 665.00 Stamford Land 90.00 2714.00 With SGX loosening from 1000 to 100 per lots [...]

[...] soon. I estimated dividends to increase to 23.5 cents this year, which represents a 70.4% payout ratio. 2011 2012 2013 2014* EPS (cents) 28.7 30.0 32.2 33.4* Growth % - 4.3% 7.4% 3.7%* Dividend ( [...]

[...] that contribute to the earnings. This is a company which gives around 7.5% yield and a payout ratio of about 70-75% at fully diluted EPS. Recently, there has been more liquidity and this counter [...]

[...] than the increase in EPS, the company had struggled to pay out dividends and last year the payout ratio had to go beyond the required availability. Next, we take a look at the extended Dupont Return [...]

[...] at more stability and defensive stock to add on. While I do not expect them to increase their payout ratio beyond what is already high at 90+%, I think their book order for next year is stable and [...]

[...] about the IPO for Fraser Hospitality Trust (FHT) that Starburst gets hardly noticed by retail investors. There's a couple of fellow bloggers who have also blogged about this IPO so I will try to [...]

[...] All of us wants to earn good returns in the stock market. While some retail investors do their diligent fundamental analysis about the company they are invested in, some others [...]

[...] and exit with clear strict indication, so the directions are given and it is up to the retail investors to be diligent enough to do it. My Thoughts I thought the course was well delivered by [...]

[...] Dividend Distribution Type. Latest First Reit Dividend Payout I'm pretty sure that 90% of retail investors look at the above dividend distribution and only noticed the 2.02 cents/share and ignores [...]