KOREReitUSD    Last:0.182    +0.003

kepPackOakReitUSD

Hahahaha, not even 0.5 percent cut. Must wait long long for " Too Late" to step down.

Lucky I got other blue chip stocks that are still giving consistent dividends.

 

If Fed cuts rates more than 0.5 percent, all the US office reits will shoot up again.

Many people is expecting 0.25 to 0.5 percent cut (honestly, I do not see more than 0.5 percent even with the latest CPI report).

 

no movements.. the other 2 moving up

 

Breakout liao?

 

Hmmm ..... you could be right about the multibagger play ..... looking forward .....

jebuscries      ( Date: 02-Sep-2025 10:41) Posted: Suspension of dividend is until 2H FY2025. Which means possible to receive dividends by Aug/Sep 2026. The Manager has also said early resumption is possible if the conditions permit. E.g., if the Fed drops rate faster than expected this  Sep, who knows, maybe we will see dividends in Mar 2026.  Anyway this stock is no longer a div play. it is a multibagger play. Manager suspended dividends for 2 years &mdash used the retained earnings to fund capex instead of relying on bank borrowings.  As bitter as the medicine was, it has proven to be the right one.  Once capex requirements taper off, the REIT will emerge stronger than before, better occupancy, improved rental reversion.  This excessive discount to NAV will start to seem unreasonable.  Load up now and wait for rocket.

 

Yay !  Reversal pattern.

 

Besides Prime, had also slowly accumulated this counter for a while.
Now see tonight.
Either good or bad data / news tonight, will still hold both Keppac & Prime for longer term.

 

PB Ratio

https://www.gurufocus.com/term/pb-ratio/SGX:CMOU

 

I believe the beaten down price would have already factored in the dividend payout suspension.  At this depressed price level, ok to hold out instead of sell.

Resumption of payout in 2026 (Mar26 or Sep26) is something to look forward to.

 

 

I hold kore and prime, but honestly judging by the management' s cautious behavior, I think most likely they will resume dividends on September 2026 (payment), so dun expect anything in March 2026. I may be wrong though.

 

Next to fly

seanpent      ( Date: 02-Sep-2025 08:51) Posted: Like broke out of the flattish range.  See if it will take on 28 soon.

 

A turnaround theme too

 

Suspension of dividend is until 2H FY2025. Which means possible to receive dividends by Aug/Sep 2026. The Manager has also said early resumption is possible if the conditions permit. E.g., if the Fed drops rate faster than expected this  Sep, who knows, maybe we will see dividends in Mar 2026. 

Anyway this stock is no longer a div play. it is a multibagger play. Manager suspended dividends for 2 years &mdash used the retained earnings to fund capex instead of relying on bank borrowings.  As bitter as the medicine was, it has proven to be the right one.  Once capex requirements taper off, the REIT will emerge stronger than before, better occupancy, improved rental reversion.  This excessive discount to NAV will start to seem unreasonable.  Load up now and wait for rocket. 

 

no dividend for 2024 n 2025, any idea on  dividend soon

 

Like broke out of the flattish range.  See if it will take on 28 soon.

 

Another laggard USD reit - DigiCore Reit

seanpent      ( Date: 01-Sep-2025 15:07) Posted: With Prime US Reit and Manulife Reit recovering strongly, this fella now the most laggard

 

With Prime US Reit and Manulife Reit recovering strongly, this fella now the most laggard

 

this reit is indeed underperforming, need to look out for other reits 

https://www.businesstimes.com.sg/companies-markets/keppel-pacific-oak-us-reit-h1-distributable-income-falls-16-2-us19-9-millionNo distribution was declared. The manager had previously said it would suspend distributions for two years from H2 FY2023 to H2 FY2025 as part of recapitalisation plans to address capital needs and leverage concerns.