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CapitaLand & Mapletree REITs/ Business Trusts
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Wangderful10
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06-Feb-2023 20:20
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Latest Results & DPU$$$ (updated on 6 Feb 23)*:
* CLINT (for the period from 1 July to 31 Dec 22) - DPU: 3.91¢ (up 9% y-o-y), XD: 24 Feb 23, pay date: 6 Mar 23 Already announced: MLT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.227¢ (up 1.9% y-o-y), XD: 30 Jan 23, pay date: 13 Mar 23 MIT (for the period from 1 Oct to 31 Dec 22) - DPU: 3.39¢ (down 2.9% y-o-y) , XD: 2 Feb 23, pay date: 14 Mar 23, option of Distribution Reinvestment Plan (DRP) available. CLAS (for the period from 24 Aug to 31 Dec 22) - DPU: 2.255¢ , XD: 6 Feb 23, pay date: 1 Mar 23 MPACT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.42¢ (0% variance y-o-y), XD: 7 Feb 23, pay date: 15 Mar 23 CICT (for the period from 1 July to 31 Dec 22) - DPU: 5.36¢ (up 2.7% y-o-y), XD: 8 Feb 23, pay date: 17 Mar 23 CLAR (for the period from 1 July to 31 Dec 22) - DPU: 7.925¢ (up 4.3% y-o-y), XD: 9 Feb 23, pay date: 7 Mar 23 CLCT (for the period from 1 July to 31 Dec 22) - DPU: 3.4¢ (down 24.4% y-o-y), XD: 10 Feb 23, pay date: 30 Mar 23, option of Distribution Reinvestment Plan (DRP) available |
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Wangderful10
Member |
03-Feb-2023 08:45
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Latest Results & DPU$$$ (updated on 3 Feb 23)*:
* CLCT (for the period from 1 July to 31 Dec 22) - DPU: 3.4¢ (down 24.4% y-o-y), XD: 10 Feb 23, pay date: 30 Mar 23, option of Distribution Reinvestment Plan (DRP) available
Already announced:
MLT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.227¢ (up 1.9% y-o-y), XD: 30 Jan 23, pay date: 13 Mar 23
MIT (for the period from 1 Oct to 31 Dec 22) - DPU: 3.39¢ (down 2.9% y-o-y) , XD: 2 Feb 23, pay date: 14 Mar 23, option of Distribution Reinvestment Plan (DRP) available.
CLAS (for the period from 24 Aug to 31 Dec 22) - DPU: 2.255¢ , XD: 6 Feb 23, pay date: 1 Mar 23
MPACT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.42¢ (0% variance y-o-y), XD: 7 Feb 23, pay date: 15 Mar 23
CICT (for the period from 1 July to 31 Dec 22) - DPU: 5.36¢ (up 2.7% y-o-y), XD: 8 Feb 23, pay date: 17 Mar 23
CLAR (for the period from 1 July to 31 Dec 22) - DPU: 7.925¢ (up 4.3% y-o-y), XD: 9 Feb 23, pay date: 7 Mar 23 To be announced:
CLINT: 6 Feb 2023, after trading hours
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Wangderful10
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02-Feb-2023 18:08
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Latest Results & DPU$$$ (updated on 2 Feb 23)*:
* CLAR (for the period from 1 July to 31 Dec 22) - DPU: 7.925¢ (up 4.3% y-o-y), XD: 9 Feb 23, pay date: 7 Mar 23
Already announced:
MLT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.227¢ (up 1.9% y-o-y), XD: 30 Jan 23, pay date: 13 Mar 23
MIT (for the period from 1 Oct to 31 Dec 22) - DPU: 3.39¢ (down 2.9% y-o-y) , XD: 2 Feb 23, pay date: 14 Mar 23, option of Distribution Reinvestment Plan (DRP) available.
CLAS (for the period from 24 Aug to 31 Dec 22) - DPU: 2.255¢ , XD: 6 Feb 23, pay date: 1 Mar 23
MPACT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.42¢ (0% variance y-o-y), XD: 7 Feb 23, pay date: 15 Mar 23
CICT (for the period from 1 July to 31 Dec 22) - DPU: 5.36¢ (up 2.7% y-o-y), XD: 8 Feb 23, pay date: 17 Mar 23 To be announced:
CLCT: 3 Feb 2023, before trading hours
CLINT: 6 Feb 2023, after trading hours
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Wangderful10
Member |
01-Feb-2023 08:13
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Latest Results & DPU$$$ (updated on 1 Feb 23)*:
* CICT (for the period from 1 July to 31 Dec 22) - DPU: 5.36¢ (up 2.7% y-o-y), XD: 8 Feb 23, pay date: 17 Mar 23
Already announced:
MLT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.227¢ (up 1.9% y-o-y), XD: 30 Jan 23, pay date: 13 Mar 23
MIT (for the period from 1 Oct to 31 Dec 22) - DPU: 3.39¢ (down 2.9% y-o-y) , XD: 2 Feb 23, pay date: 14 Mar 23, option of Distribution Reinvestment Plan (DRP) available.
CLAS (for the period from 24 Aug to 31 Dec 22) - DPU: 2.255¢ , XD: 6 Feb 23, pay date: 1 Mar 23
MPACT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.42¢ (0% variance y-o-y), XD: 7 Feb 23, pay date: 15 Mar 23
To be announced:
CLAR: 2 Feb 2023, after trading hours
CLCT: 3 Feb 2023, before trading hours
CLINT: 6 Feb 2023, after trading hours
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pasttime
Elite |
31-Jan-2023 22:03
Yells: "Buy good stock on sale and collect dividend long long time" |
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happy with mpact 2.42cents dps. with positive outlook on china/hk covid-19 rule relax. hope the management go work harder on other sg properties and china properties. property lease is parishable. every day not lease out is wasted and gone. money down the drain. need their most urgent effort to bring in the rent. |
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Wangderful10
Member |
31-Jan-2023 20:32
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Latest Results & DPU$$$ (updated on 31 Jan 23)*:
* MPACT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.42¢ (0% variance y-o-y), XD: 7 Feb 23, pay date: 15 Mar 23 Already announced: MLT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.227¢ (up 1.9% y-o-y), XD: 30 Jan 23, pay date: 13 Mar 23 MIT (for the period from 1 Oct to 31 Dec 22) - DPU: 3.39¢ (down 2.9% y-o-y) , XD: 2 Feb 23, pay date: 14 Mar 23, option of Distribution Reinvestment Plan (DRP) available. CLAS (for the period from 24 Aug to 31 Dec 22) - DPU: 2.255¢, XD: 6 Feb 23, pay date: 1 Mar 23 To be announced: CICT: 1 Feb 2023, before 8 am CLAR: 2 Feb 2023, after trading hours CLCT: 3 Feb 2023, before trading hours CLINT: 6 Feb 2023, after trading hours MPACT: 31 Jan 2023, after trading hours |
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Wangderful10
Member |
30-Jan-2023 15:37
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Latest Results & DPU$$$ (updated on 30 Jan 23)*:
* CLAS (for the period from 24 Aug to 31 Dec 22) - DPU: 2.255¢, XD: 6 Feb 23, pay date: 1 Mar 23 Already announced: MLT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.227¢ (up 1.9% y-o-y), XD: 30 Jan 23, pay date: 13 Mar 23 MIT (for the period from 1 Oct to 31 Dec 22) - DPU: 3.39¢ (down 2.9% y-o-y) , XD: 2 Feb 23, pay date: 14 Mar 23, option of Distribution Reinvestment Plan (DRP) available. To be announced: CICT: 1 Feb 2023, before 8 am CLAR: 2 Feb 2023, after trading hours CLCT: 3 Feb 2023, before trading hours CLINT: 6 Feb 2023, after trading hours MPACT: 31 Jan 2023, after trading hours |
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pikachu
Master |
27-Jan-2023 06:12
Yells: "Holy Cow!" |
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REITS this year should be better? Interest rates coming down, hopefully. | ||||
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Wangderful10
Member |
26-Jan-2023 21:27
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Latest Results & DPU$$$ (updated on 26 Jan 23)*:*MIT (for the period from 1 Oct to 31 Dec 22) - DPU: 3.39¢ (down 2.9% y-o-y) , XD: 2 Feb 23, date payable: 14 Mar 23, option of Distribution Reinvestment Plan (DRP) available.
Already announced: MLT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.227¢ (up 1.9% y-o-y), XD: 30 Jan 23, date payable: 13 Mar 23
To be announced:
CICT: 1 Feb 2023, before 8 am
CLAR: 2 Feb 2023, after trading hours
CLAS: 30 Jan 2023, before 8 am
CLCT: 3 Feb 2023, before trading hours
CLINT: 6 Feb 2023, after trading hours
MPACT: 31 Jan 2023, after trading hours
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Wangderful10
Member |
25-Jan-2023 12:07
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CapitaLand and Mapletree Reits, together with some other S-Reits, in general have a good show this morning. Below is a report dated today for your reading pleasure. DYODD. Remember, always take stock analyses with a pinch of salt, as different analysts might have different things to consider. Ever heard someone said " don' t believe stock analyses at all, if these analyses can be trusted, ' sai' (s***) also can eat " . I think this kind of thought is too extreme. Again, DYODD. Source - https://mailchi.mp/phillip/phillip-morning-note?e=3219758fe3 Phillip Morning Note - 25 January 2023 Technical Pulse: Mapletree Industrial Trust Analyst: Zane Aw Recommendation: TECHNICAL BUY
Buy stop: S$2.32 Stop loss: S$2.26 Take profit: S$2.58
Mapletree Industrial Trust (SGX: ME8U) Potential breakout of a consolidation triangle to retest the downtrend channel resistance at S$2.58.
*Expected timeline of the trade is 13 weeks from the date of report issuance.
Week 4 Equity Strategy: We still think the rebound in REITs can continue. 1) Dividends and valuations reported so far have been stable. The Singapore office cap rate expansion was only 5bps. The worst affected are UK office building with a 17-28bps increase. Logistics rents are stable except for Tier 2 city locations in China 2) With inflation and interest rates peaking, property valuations can trough 3) REITs also act as hedge against slowing economic conditions with rents less cyclical. But it is not " champagne wishes and caviar dreams" for REITs. Interest rates will be a headwind for next two years as hedges start to unwind and rates are refinanced at much higher levels.
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Wangderful10
Member |
20-Jan-2023 23:01
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Good article for S-Reits investor to chew on during the CNY break (source: https://www.theedgesingapore.com/capital/brokers-calls/time-increase-exposure-attractive-s-reits-dbs)
DBS Group Research analysts Derek Tan, Dale Lai, Rachel Tan and Geraldine Wong are positive on Singapore REITs (S-REITs), noting that now would be a good time to increase exposure to the sector. Units in S-REITs took a hit amid the rising interest rate environment, which peaked in October 2022. However, the cooling inflation in the US may bring about the possible end to rate hikes in the 1Q2023. &ldquo After hitting a peak in October 2022, the interest rates environment in Singapore has taken a breather. The Singapore 10-year government bond yield has declined by 60 basis points (bps) to 2.8% on the back of cooling inflation and modest economic backdrop,&rdquo the analysts write. &ldquo Similarly, shorter-term funding rates have also declined from peaks, albeit still high compared to two to three years ago, reducing the refinancing heat for S-REITs,&rdquo they add. At this point, unit prices in S-REITs have &ldquo stabilised&rdquo with the sector seeing a relative outperformance against the benchmark Straits Times Index (STI) in December 2022. &ldquo S-REITs, with a headline FY2023 yield of 6.2%, offer a yield spread of 3.4% against the 10-year yield,&rdquo the analysts note. See also: Not ' too late' to get in on hospitality rebound action for S-REITs in 2023: CGS-CIMB During the pauses amid the Fed rate hikes, the S-REITs were &ldquo strong performers&rdquo . In their report, the analysts note that in 2018 to 2019 when the Fed paused its hikes, S-REITs outperformed the STI by 2.5 times, returning 18% before dividends over a six-month period, compared to the STI&rsquo s return of 8%. To this end, as the Fed is expected to tone down its hawkish hike momentum, albeit delivering a further 50 bps increase in the Fed funds rate before pausing its hikes. In this period, the analysts believe that the overhang for the S-REITs would be removed. The sector also looks set to recapture its relative outperformance. See also: ST Engineering to benefit from Chinese aviation traffic recovery, RHB maintains ' buy' To them, &ldquo early birds&rdquo may &ldquo get rewarded with an additional 200 bps in alpha&rdquo when they positioned themselves during the trough in S-REIT prices. Back in 2018 to 2019, the trough took place around two months before the last rate hike. &ldquo As such, in view of a possible end in the current rate hike cycle in 1Q2023, we believe that investors should look to position in the S-REITs sooner, rather than later,&rdquo the analysts write. China&rsquo s gradual re-opening and border relaxation measures will also have positive implications for S-REITs. The market optimism of China&rsquo s re-opening will benefit, in particular, the analysts&rsquo picks, Mapletree Pan Asia Commercial Trust (MPACT), CapitaLand Ascott Trust (CLAS) and CapitaLand China Trust (CLCT), which are the most leveraged in exposure. &ldquo We believe that the focus will then move towards the impact of a recession, and we believe that suburban retail (Frasers Centrepoint Trust or FCT, Lendlease Global Commercial REIT or LREIT and CapitaLand Integrated Commercial Trust or CICT) and industrial names (CapitaLand Ascendas REIT or CLAR, Frasers Logistics and Commercial Trust or FLCT and CapitaLand India Trust or CLINT) are names that offer better relative distribution per unit (DPU) resiliency with capacity for upside surprises,&rdquo say the analysts. |
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Wangderful10
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20-Jan-2023 15:39
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A must-read article for S-Reits investors:
Mr Market seems like the latest results of MLT, for now.
Also, most of the CapitaLand and Mapletree Reits are having a decent show on the last trading day ahead of the CNY long weekend
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Wangderful10
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20-Jan-2023 00:21
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Results Release Dates in Jan/ Feb 2023 (Updated on 20 Jan 2023)* CICT: 1 Feb 2023, before 8 am CLAR: 2 Feb 2023, after trading hours
CLAS: 30 Jan 2023, before 8 am
CLCT: 3 Feb 2023, before trading hours
* CLINT: 6 Feb 2023, after trading hours
MIT: 26 Jan 2023, after trading hours
MLT: 19 Jan 2023, after trading hours
MPACT: 31 Jan 2023, after trading hours
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Wangderful10
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19-Jan-2023 20:28
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Latest Results & DPU$$$ (updated on 19 Jan 23)*:*MLT (for the period from 1 Oct to 31 Dec 22) - DPU: 2.227¢ , XD: 30 Jan 23, to be paid on: 13 Mar 23
CICT: TBA
CLAR: TBA
CLAS: TBA
CLCT: TBA
CLINT: TBA
MIT: TBA
MPACT: TBA
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Wangderful10
Member |
19-Jan-2023 17:08
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Results Release Dates in Jan/ Feb 2023 (Updated on 19 Jan 2023)
CICT: 1 Feb 2023, before 8 am CLAR: 2 Feb 2023, after trading hours CLAS: 30 Jan 2023, before 8 am CLCT: 3 Feb 2023, before trading hours CLINT: TBA MIT: 26 Jan 2023, after trading hours MLT: 19 Jan 2023, after trading hours MPACT: 31 Jan 2023, after trading hours |
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pikachu
Master |
18-Jan-2023 06:36
Yells: "Holy Cow!" |
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With the recovery in post-covid era, the REITS should do well | ||||
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Wangderful10
Member |
17-Jan-2023 23:27
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I have been investing in S-Reits for some years and my thinking has been evolving over time. For now, I am of the view that the most important factor to consider in S-Reits investing is the " Sponsors" . If we scrutinise the sponsors of all S-Reits, it is very obvious that CapitaLand and Mapletree are among the strongest and honest ones. Of course, cconcentrating on investing in the Reits of one or two sponsors might run counter to the golden rule of diversification advocated by many investment gurus. However, as retail investors, we often have to make difficult choices and decisions. It is simply not possible to get everything we want. Hence we must formulate our own investment guiding principles and strategies based on our resources, knowledge, experience and beliefs. Actually, if I look at my REITirement portfolio (CICT, CLAR, CLCT, MIT, MLT and MPACT) carefully, they are diversified in some ways - different types of properties (retail, offices, factories, business parks, data centres, logistics parks, warehouses, etc) in different countries (Singapore, China, Japan, India, Malaysia, Australia, USA, UK, Germany, other Asian countries and European countries). Wishing you happy and safe in your investment journey!
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HVRRVH
Elite |
17-Jan-2023 17:50
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Yes they are true bluechip reits. Incidentally I do have FLCT and lendlease. They are relatively young reits which I think worth the backing. FLCT has been good but Lendlease so far a bit disappointing. I have also tried to buy FCT but when it?s price did come down during covid, I have to buy more reits that I already have to average down cost. Indeed, the mapletree and capital I have no worries and even FLCT too. I still think lendlease will come good eventually.
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Wangderful10
Member |
17-Jan-2023 16:31
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I have 6 of them: CICT, CLAR, CLCT, MIT, MLT and MPACT. Indeed, my REITirement portfolio only comprises these six blue-chip REITs. They are my Ultimate Six which I believe would help me sleep well every night. I do not have other REITs now. Used to own Frasers Logistics and Industrial Trust, Starhill Global Reit and Keppel Reit but decided to focus on CapitaLand and Mapletree REITs a few years ago mainly because they are backed by TH.
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HVRRVH
Elite |
17-Jan-2023 15:48
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I have 4 of them, ie, CICT, CLINT, MLT and MPACT. Used to have CLCT too and found its profile somehow similar with my then MNACT and I decided to keep one only. Alas, then MNACT merge with MCT to become MPACT. Generally, I would think this year DPUs may not be as good as pre rate hikes, hopefully it will be somewhat mitigated by post pandemic reopening of economic activities. | ||||
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