REIT Ranking - Sep 2015

It has been a while since I did the REIT ranking based on the P/B, gearing and yield. With many of the REIT prices dropping in the past week, I thought the REIT ranking would help us re-evaluate the various REITs at current pricing and yields.

REIT	Mkt	Yield	NAV	Gearing	P/B	Total	P/B score	Gearing score	Yield score
Sabana REIT	$0.750	9.627%	$1.040	37.90%	0.721	7	3	1	3
OUE COMMERCIAL REIT	$0.630	9.206%	$1.100	37.90%	0.573	7	3	1	3
Viva Ind Tr	$0.740	10.022%	$0.830	38.90%	0.892	6	2	1	3
IREIT Global	$0.650	9.846%	$0.768	31.20%	0.846	6	2	1	3
CapitaR China Tr	$1.365	7.934%	$1.650	27.70%	0.827	6	2	2	2
Far East HTrust	$0.640	7.250%	$0.966	31.40%	0.663	6	3	1	2
Saizen REIT	$0.820	7.146%	$1.140	35.00%	0.719	6	3	1	2
CapitaCom Trust	$1.320	6.530%	$1.720	29.50%	0.767	6	3	2	1
Lippo Malls Tr	$0.325	8.985%	$0.390	35.00%	0.833	5	2	1	2
Cache Log Trust	$0.970	8.849%	$0.973	38.00%	0.997	5	2	1	2
FHT	$0.740	8.432%	$0.843	38.80%	0.878	5	2	1	2
AIMSAMP Cap Reit	$1.340	8.209%	$1.520	31.20%	0.882	5	2	1	2
Cambridge Ind Tr	$0.600	8.188%	$0.676	37.20%	0.888	5	2	1	2
Ascendas-hTrust	$0.630	8.127%	$0.710	38.00%	0.887	5	2	1	2
Mapletree Log Tr	$0.980	7.551%	$1.010	34.40%	0.970	5	2	1	2
Mapletree GCC Tr	$0.915	7.414%	$1.145	41.20%	0.799	5	3	0	2
Mapletree Ind Tr	$1.485	7.354%	$1.320	30.00%	1.125	5	1	2	2
Keppel Reit	$0.945	7.280%	$1.380	42.60%	0.685	5	3	0	2
CDL Htrust	$1.300	7.262%	$1.619	32.00%	0.803	5	2	1	2
Frasers Com Tr	$1.345	7.011%	$1.540	37.30%	0.873	5	2	1	2
Suntec Reit	$1.510	6.640%	$2.076	35.30%	0.727	5	3	1	1
Fortune Reit HKD	$7.270	6.432%	$12.490	30.60%	0.582	5	3	1	1
SPHREIT	$0.930	5.806%	$0.930	26.00%	1.000	5	2	2	1
SoilbuildBizREIT	$0.795	8.126%	$0.790	36.30%	1.006	4	1	1	2
OUE Htrust	$0.800	7.600%	$0.900	42.10%	0.889	4	2	0	2
StarhillGbl Reit	$0.740	6.986%	$0.900	35.50%	0.822	4	2	1	1
Ascott Reit	$1.180	6.520%	$1.370	35.80%	0.861	4	2	1	1
Frasers Cpt Tr	$1.910	6.039%	$1.850	28.70%	1.032	4	1	2	1
Ascendas Reit	$2.330	6.594%	$2.050	34.70%	1.137	3	1	1	1
Mapletree Com Tr	$1.260	6.381%	$1.240	36.40%	1.016	3	1	1	1
Keppel DC REIT	$1.025	6.307%	$0.850	26.40%	1.206	3	0	2	1
CapitaMall Trust	$1.910	5.691%	$1.810	33.70%	1.055	3	1	1	1
First REIT	$1.285	6.482%	$1.019	32.90%	1.261	2	0	1	1
ParkwayLife Reit	$2.280	5.877%	$1.680	34.10%	1.357	2	0	1	1

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 (Sep 2015)

I bought 100 units of STI ETF at $2.90 last week for my regular savings plan for the month of Sep 2015.

Details of all transactions for my rsp are logged here:
STI ETF RSP

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	8,949.47	2700	$3.31	$2.89	-$1,146.47	-12.81%	$258.70
Nikko STI ETF	0.00	0	$0.00	$2.93	$0.00	0.00%	$114.15

STI ETF RSP (Jun 2015)

I bought 100 units of STI ETF at $3.4 today for my regular savings plan for the month of Jun 2015.

Details of all transactions for my rsp are logged here:
STI ETF RSP

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	8,019.17	2400	$3.34	$3.40	$140.83	1.76%	$136.20
Nikko STI ETF	0.00	0	$0.00	$3.44	$0.00	0.00%	$114.15

STI ETF RSP (Apr and May 2015)

I bought 200 units of STI ETF at $3.5 earlier this week for my regular savings plan for the month of Apr and May 2015.

Details of all transactions for my rsp are logged here:
STI ETF RSP

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	7,678.32	2300	$3.34	$3.48	$325.68	4.24%	$136.20
Nikko STI ETF	0.00	0	$0.00	$3.53	$0.00	0.00%	$114.15

OCBC360 interest rates revision Part 2

The OCBC 360 changes are announced.

 Changes include:
1) "credit your salary" bonus interest increased from 1% to 1.2%
2) "pay 3 bill" bonus interest decreased from 1% to 0.5%
3) "Spend on credit card" bonus interest decreased from 1% to 0.5%
4) "Spend on credit card" bonus interest spending criteria increased from $400 to $500
5) new bonus interest: "insure or invest" bonus interest. To qualify, you must "purchase any new eligible financial product from OCBC of at least the minimum amount, such as Endowment of at least S$8,000 in annual premium, or investment products such as Unit Trust or Structured Deposits of at least S$40,000."
6) bonus interests now applies to the first 60k instead of 50k
7) additional 1% on incremental balances. Incremental account balance is the difference between current and previous month's account average daily balance.This bonus interest will be paid on incremental account balance of up to S$1,000,000.


Other thoughts:
On the whole, I feel it is harder to earn the bonus interest. I am not interested to invest nor insure with OCBC. So the new 1% is out. For the credit card bonus, it makes it harder to qualify and the bonus interest is reduced. Also, UOB seem to be offering a better deal on this.

We will not be able to get much out of the additional interest on the "incremental balances". Unless we find another similar scheme and start transferring  additional balances to and fro on alternate months to earn the bonus on alternate months.