Was extremely busy recently with my new Financial Controller role, hence did not have the time to update the blog frequently. Singapore REITS have performed extremely well over the past 3 months. Based on an average dividend yield of 6.4%, it is offering good values for investors who want to still mop up more Singapore REITS. This average yield is higher than say Hong Kong and Australia of approximately 5%. As for me, I do not think that it is a good time to buy more. Once the herd rushed in, no point joining them for limited upside.
My portfolio has done well as a result of the strong rally in REITS. Wilmar turned out to be a huge disappointment. But I think the strong management team will pull Wilmar through this difficult time of low market value for it's stock.
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