REIT Ranking - July 2014

REIT ranking or July 2014:

REIT	Mkt	Yield	NAV	Gearing	P/B	Total	P/B score	Gearing score	Yield score
Ascendas-hTrust	$0.765	7.354%	$0.770	35.60%	0.994	5	2	1	2
Sabana REIT	$1.030	7.243%	$1.070	37.00%	0.963	5	2	1	2
OUE COMMERCIAL REIT	$0.830	6.894%	$1.060	39.50%	0.783	5	3	1	1
Lippo Malls Tr	$0.415	6.554%	$0.452	26.70%	0.918	5	2	2	1
StarhillGbl Reit	$0.825	6.073%	$0.920	29.40%	0.897	5	2	2	1
Fortune Reit HKD	$7.340	5.689%	$11.010	31.10%	0.667	5	3	1	1
CapitaCom Trust	$1.665	5.069%	$1.670	28.80%	0.997	5	2	2	1
Viva Ind Tr	$0.815	8.480%	$0.751	38.50%	1.085	4	1	1	2
SoilbuildBizREIT	$0.810	7.407%	$0.800	30.30%	1.013	4	1	1	2
OUE Htrust	$0.905	7.249%	$0.900	32.70%	1.006	4	1	1	2
Cache Log Trust	$1.205	7.147%	$0.970	28.90%	1.242	4	0	2	2
Mapletree Ind Tr	$1.405	7.146%	$1.200	33.60%	1.171	4	1	1	2
Cambridge Ind Tr	$0.715	7.018%	$0.685	32.00%	1.044	4	1	1	2
Saizen REIT	$0.955	6.806%	$1.170	38.00%	0.816	4	2	1	1
Mapletree GCC Tr	$0.920	6.801%	$1.018	38.60%	0.904	4	2	1	1
Ascott Reit	$1.235	6.376%	$1.380	36.40%	0.895	4	2	1	1
Frasers Com Tr	$1.405	6.249%	$1.560	37.70%	0.901	4	2	1	1
CDL Htrust	$1.750	6.051%	$1.642	29.50%	1.066	4	1	2	1
Far East HTrust	$0.875	5.943%	$0.980	30.90%	0.893	4	2	1	1
CapitaR China Tr	$1.705	5.900%	$1.480	29.80%	1.152	4	1	2	1
SPHREIT	$1.060	5.094%	$0.900	26.90%	1.178	4	1	2	1
Suntec Reit	$1.790	5.078%	$2.046	34.10%	0.875	4	2	1	1
AIMSAMP Cap Reit	$1.495	6.823%	$1.480	32.00%	1.010	3	1	1	1
Ascendas Reit	$2.330	6.249%	$2.020	31.60%	1.153	3	1	1	1
Keppel Reit	$1.270	6.000%	$1.380	42.80%	0.920	3	2	0	1
Frasers Cpt Tr	$1.940	5.867%	$1.780	30.20%	1.090	3	1	1	1
CapitaMall Trust	$1.970	5.477%	$1.760	34.30%	1.119	3	1	1	1
FHT	$0.895	6.775%	$0.830	41.70%	1.078	2	1	0	1
First REIT	$1.220	6.598%	$0.970	32.90%	1.258	2	0	1	1
Mapletree Log Tr	$1.175	6.468%	$0.970	33.40%	1.211	2	0	1	1
Mapletree Com Tr	$1.400	5.571%	$1.160	38.30%	1.207	2	0	1	1
ParkwayLife Reit	$2.390	4.720%	$1.600	35.00%	1.494	1	0	1	0

For how the scores are being calculated:
Reit Rankings - Mad Stranger's scoring system

Disclaimers:

The score system only serves as an indicator on how the REIT is with respect to its yield, P/B and gearing. The ranking is also heavily dependent on the accuracy of the data shown on reitdata.com, investors are advised to do your own cross checking. It is always prudent to do your own research before making any buys or sells.

STI ETF RSP (July 2014)

I bought 1 lot of Nikko STI ETF at $3.365 today for my regular savings plan for the month of July 2014. Details of all transactions for my rsp are logged here:
 http://madstranger.blogspot.sg/2013/07/nikko-sti-etf.html

Snapshot of my current units:

Counter	Total Cost	Total Units	Average cost	Last Done	Unrealized Profit/ Loss	Unrealized Gain / Loss %	Realized Profit / Loss / Dividend
STI ETF	3,258.35	1000	$3.26	$3.37	$111.65	3.43%	$0.00
Nikko STI ETF	1,013.60	300	$3.38	$3.39	$3.40	0.00%	$93.44

Fraser Hospitality Trust IPO Balloting Results

Fraser Hospitality Trust IPO balloting results is as follows:

There were 19,916 valid applications for 628,025,000 Stapled Securities received for the Public Offer. This IPO seem to favour the smaller applicants. The smaller bands had a higher chance of being allocated units. More than half the public tranche units was allocated to those who applied for lesser than 50 lots.

Fraser Hospitality Trust will start trading on 14th July 2014 (Monday) at 2pm.

Starburst IPO balloting ratio

Starburst IPO balloting ratio is as follows:

There were 4,325 valid applications for the 2,000,000 Offer Shares available to the public for subscription. In total, these applicants applied for 428,789,000 Offer Shares, with application monies received amounting to approximately S$ 132.9 million. The public placement is 214 times over subscribed!

As usual, as the larger banding has a higher chance to get any allocation. On the biggest band of more than 1000 units, 130 people applied and only 21 are successful. Starburst will start trading on 10th July at 9am

Estimated CPF minimum sum for 2015 [Part 1]

 Now that we are in July, the new CPF minimum sum has just come into effect.

The CPF minimum sum is now $155,000.

The Medisave minimum sum is now $43,500 and the Medisave contribution ceiling is now $48,500.






Some people may be wondering: What will be the CPF minimum sum next year?

There are 2 factors that will determine the minimum sum.
1) inflation for 2014 (which we do not know yet)
2) the $120,000 (in 2003 dollars) target for the minimum sum

Let me attempt to perform some estimates here:

Assuming an inflation rate of 3%,
Estimated 2015 CPF min sum = 155000 * 120000/117500 * 1.03 = $163047
= $163000 (rounded to nearest thousand dollars)

Assuming an inflation rate of 4%,
Estimated 2015 CPF min sum = 155000 * 120000/117500 * 1.04 = $164630
= $165000 (rounded to nearest thousand dollars)

Assuming an inflation rate of 5%,
Estimated 2015 CPF min sum = 155000 * 120000/117500 * 1.05 = $166213
= $166000 (rounded to nearest thousand dollars)



When the inflation figures are released in Jan next year, I will be able to provide a more accurate estimate. I will provide another post on the estimations in Jan 2015.


Related post:
CPF minimum sum 2014
CPF minimum sum for July 2014 [Predicted]
CPF minimum sum for Jul 2013 and projections for 30 years