Friday, January 31, 2014

REIT Ranking - Jan 2014

REIT ranking for an 2014

REIT
Mkt
Yield
NAV
Gearing
P/B
Total
P/B score
Gearing score
Yield score
LippoMalls
$0.410
8.488%
$0.453
28.20%
0.905
6
2
2
2
SoilbuildBizREIT
$0.750
7.987%
$0.800
29.30%
0.938
6
2
2
2
AIMSAMPI Reit
$1.445
7.668%
$1.518
26.50%
0.952
6
2
2
2
Cambridge
$0.690
7.193%
$0.695
28.70%
0.993
6
2
2
2
Sabana REIT
$1.060
8.198%
$1.070
36.90%
0.991
5
2
1
2
AscendasHT
$0.725
7.779%
$0.760
35.80%
0.954
5
2
1
2
CACHE
$1.095
7.742%
$0.980
29.10%
1.117
5
1
2
2
OUE HT
$0.875
7.236%
$0.903
33.20%
0.969
5
2
1
2
Far East HTrust
$0.785
7.185%
$0.953
31.60%
0.824
5
2
1
2
AscottREIT
$1.185
7.087%
$1.350
34.00%
0.878
5
2
1
2
CDL Htrust
$1.605
6.928%
$1.630
29.70%
0.985
5
2
2
1
Saizen REIT
$0.910
6.923%
$1.220
38.00%
0.746
5
3
1
1
FrasersCT
$1.700
6.488%
$1.770
29.70%
0.960
5
2
2
1
Starhill Gbl
$0.765
6.379%
$0.920
29.00%
0.832
5
2
2
1
SuntecReit
$1.610
6.365%
$2.108
38.00%
0.764
5
3
1
1
Fortune Reit HK$
$5.990
6.010%
$10.260
32.70%
0.584
5
3
1
1
CapitaComm
$1.420
5.817%
$1.670
29.30%
0.850
5
2
2
1
MapletreeInd
$1.310
7.664%
$1.110
36.30%
1.180
4
1
1
2
MapletreeGCC
$0.815
7.387%
$0.943
40.50%
0.864
4
2
0
2
MapletreeLog
$1.005
7.323%
$0.910
33.90%
1.104
4
1
1
2
First REIT
$1.040
7.231%
$0.966
32.30%
1.077
4
1
1
2
OUE COMMERCIAL REIT
$0.795
6.843%
$1.043
42.30%
0.762
4
3
0
1
CapitaRChina
$1.320
6.561%
$1.430
32.60%
0.923
4
2
1
1
Frasers Comm
$1.250
6.504%
$1.540
37.90%
0.812
4
2
1
1
SPHREIT
$0.980
5.329%
$0.900
26.70%
1.089
4
1
2
1
Viva Ind Tr
$0.775
8.762%
$0.740
40.90%
1.047
3
1
0
2
Kep REIT
$1.125
6.951%
$1.380
42.10%
0.815
3
2
0
1
Ascendasreit
$2.130
6.648%
$1.945
30.10%
1.095
3
1
1
1
CapitaMall
$1.870
5.770%
$1.710
35.30%
1.094
3
1
1
1
MapletreeCom
$1.165
6.403%
$1.070
40.80%
1.089
2
1
0
1
PLife REIT
$2.260
4.991%
$1.600
33.00%
1.413
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.

Thursday, January 23, 2014

CPF minimum sum for July 2014 [Predicted]


The inflation rate for Singapore 2013 is announced as 2.4%
Source:
http://www.singstat.gov.sg/news/press_releases/cpidec2013.pdf



With the inflation amount released, I am now able to give my estimate for the CPF minimum sum for July 2013 like what I did last year.

"And the CPF mimimum sum for July 2014 will be...."

*** Drums roll ***

$154800 !

How do I arrive at this number?
The CPF minimum sum changes every July and there are 2 factors that affect the CPF minimum sum:
1) inflation rate
2) the target of 120k (in 2003 dollars) that is to be reached in July 2015.


There are still 2 more years to hit the 120k (in 2003 dollars) target. If we spread out this increase evenly over the next 2 years, we will see an increase of 2500 in 2003 dollars each year.

With this, my calculation for July 2014 CPF minimum sum is as follows:

Estimated July 2014 CPF minimum sum
= 117500 / 115000 * 148000 * 1.024
= $154847
= $154800 (rounded to nearest $100)

I believe this is the more likely scenario.


What if other targets for July 2014 is used?
If some other target (other than 117500) is used for Jul 2014, the minimum sum will be slightly different.

target of $117000
est min sum = 117000 / 115000 * 148000 * 1.024
= 154188
= $154200 (rounded to nearest $100)

target of $118000
est min sum = 118000 / 115000 * 148000 * 1.024
 = 155506
= $155500 (rounded to nearest $100)


target of $120000
This scenario will mean that the target is brought forward by one year from 2015.
est min sum = 120000 / 115000 * 148000 * 1.024
= $158141
= $158100 (rounded to nearest $100)

The actual figures will be released some time in June. We shall see if the above estimates is correct then.

Thursday, January 16, 2014

Nikko STI ETF RSP (Jan 2014)

I bought 1 lot of Nikko STI ETF at $3.19 today for my regular savings plan for the month of Jan 2014. Details of all transactions for my rsp are logged here:
 http://madstranger.blogspot.sg/2013/07/nikko-sti-etf.html

Snap shot of current units: 

Total UnitsTotal CostAverage costLast DoneProfit/ Loss% Gain / Loss
700$2247.29$3.21$3.18-$21.29-0.95%