Loaded Frasers Centrepoint Trust

Sorry for the lack of posts for the past 2 weeks. I have been really busy with work. Still is. So, I am going to make this a short post. Last week, I added 2 lots of Frasers Centrepoint Trust (FCT) to my Dividend Portfolio.

Reasons:

• Strong organic growth - asset enhancement at Causeway Point to be completed in phases
• Acquisition of Bedok Point later this year
• Annual Yield of ~5%
• Reasonable gearing of  ~31%
• FCT's heartland malls see huge human traffic
• I want to own a piece of every major mall in Singapore because Singaporeans love shopping. Secondly, the tourism sector is booming. :P

List of malls that I have a stake in:

1. Causeway Point (FCT)
2. Northpoint (FCT)
3. Yew Tee Point (FCT)
4. Anchor Point (FCT)
5. The Atrium@Orchard (CMT)
6. Bugis Junction (CMT)
7. Bukit Panjang Plaza (CMT)
8. CHIJMES (Suntec REIT)
9. Clarke Quay (CMT)
10. Clementi Mall (SPH)
11. Funan DigitaLife Mall (CMT)
12. Hougang Plaza (CMT)
13. IMM Building (CMT)
14. Junction 8 (CMT)
15. JCube (CMT)
16. Lot 1 (CMT)
17. Marina Bay Link Mall (Suntec REIT)
18. The Paragon (SPH)
19. Park Mall (Suntec REIT)
20. Plaza Singapura (CMT)
21. Raffles City (CMT)
22. Rivervale Mall (CMT)
23. Sembawang Shopping Centre (CMT)
24. Suntec City (Suntec REIT)
25. Tampines Mall (CMT)

Hopefully, Bedok Point, Changi City Point and iON Orchard will follow soon. I am trying to add MapleTree Commercial Trust at $0.86 since the stabilisation efforts have already ceased. 

 

So, how many malls do you have a stake in?

Peace Out,

Dividends Warrior

April 2011 Dividends Portfolio Update

	Telcoms
No.	Stock	Lots	Dividends Collected	Average Price	% of Dividends Portfolio	Total %
1	Singtel	5	$0.00	$2.920	15.25%	41.44%
2	Starhub	6	$850	$2.27	14.23%
3	M1	5	$560.00	$2.290	11.96%
	Conglomerates (Properties, Offshore & Marine, Utilities, Food & Beverage, Publishing)
No.	Stock	Lots	Dividends Collected	Average Price	% of Dividends Portfolio	Total %
1	Keppel Corp	1	$0.00	$11.700	12.22%	29.40%
2	SPH	3	$600.00	$3.71	11.63%
3	F & N	1	$0.00	$5.310	5.55%
	REIT
No.	Stock	Lots	Dividends Collected	Average Price	% of Dividends Portfolio	Total %
1	First REIT	8	$26.10	$0.728	6.08%	17.17%
2	CMT	3	$349.20	$1.70	5.33%
3	CLT	3	$131.14	$0.950	2.98%
4	Suntec REIT	2	$308.72	$1.33	2.78%

	Services (Postal & Financials)
No.	Stock	Lots	Dividends Collected	Average Price	% of Dividends Portfolio	Total %
1	Singapore Post	5	$25.00	$1.156	6.04%	9.52%
2	UOB KayHian	2	$0.00	$1.67	3.48%
	Penny Stocks
No.	Stock	Lots	Dividends Collected	Average Price	% of Dividends Portfolio	Total %
1	Neratel	6	$0.00	$0.393	2.46%	2.46%

Total dividends collected     (since Jan 2010)	$3,460.41
Total Invested Capital	$95,716
Dividends over Capital (%)	3.62%
Dividends per month	$230.69
Cash holdings	$1,200

Update:
I decided to re-organise my style of portfolio updates. As shown above, instead of the usual single table, I categorised my stocks into "Telcoms", "Conglomerates", "Services" and "Penny Stocks". Looks better now, slightly. I am heavily invested in all 3 local telcoms and blue chip conglomerates. If you wanna know why, just check out my earlier posts below.


Let Your Portfolio Ride on the Smartphone Craze
F&N Review
SPH Review


In the month of April, I received $560 worth of dividends from M1. Yay! ^^

1 lot of Keppel Corp was added to my portfolio. This stock is more of a capital-appreciation stock. Similar to F & N. However, the amount of dividends distributed by Keppel Corp are not too shabby too. With plenty of new order wins this year, I expect the dividends to increase in 2012 and beyond. With the addition of Keppel Corp, I am getting really close to a solid "100k Portfolio" full of blue chips.  I think this is a respectable financial achievement at my age. Nothing spectacular though as I have no car and housing loans to service.




Looking forward:
The month of May is gonna be a Boomz month for me. I will be receiving lots of moola from SPH, Starhub,  CMT, CLT, Suntec REIT, First REIT, UOB Kayhian and Neratel. If the market goes into correction mode in May, I might invest another $5k to round off my total invested capital to $100k.




Peace Out,
Dividends Warrior

MapleTree Commercial Trust IPO Preview (2011)

Sometimes I wonder why I do not have MapleTree Industrial Trust (MIT) and MapleTree Logistics Trust (MLT).  Both of them have a strong sponsor, "MapleTree Investments", which in turn is owned by Temasek Holdings, which in turn is owned by the Singapore government. The yield is decent.  The stock price is affordable. So, what am I waiting for? 

Honestly, I have no idea too. MIT and MLT just do not seem appealing to me. I prefer retail, office and healthcare REITs. I just feel that the demand for retail space, office space and healthcare facilities will always be strong. But "industrial" and "logistics". Ermmm...... I am not sure.

Now, MapleTree is listing a commercial/retail trust called "MapleTree Commercial Trust" (MCT). Some tentative information:

• Yield: 5.47% - 5.92% (FY11) and 5.96% - 6.46% (FY12)
• Price: $0.84 - $0.91
• Properties:  Vivo City, Bank of America Merrill Lynch Harbour Front and PSA Building 

My Thoughts:
Finally! I can own a microscopic tiny part of VivoCity. VivoCity is one of my favourite retail mall because it is so spacious and bright, with a huge variety of stores (I like the Sushi Tei here^^). The scenery looks great from the rooftop garden!

Vivo City's façade

Interior of Vivo City

Rooftop garden at Vivo City

Sushi Tei at Vivo City "Slurp"

The Sentosa Boardwalk links Vivo City to the Resorts World Sentosa.

The monorail also links Vivo City to Sentosa. 

I am probably gonna pick up some. How about you?

Peace Out,
Dividends Warrior