Mapletree Greater China Commercial Trust ("MGCCT") has just released their full year results for the FY15/16. The main take away from the results is that there has been a record 10.8% DPU growth, resulting in the full Distribution per Unit (“DPU”) of 7.248 cents for FY15/16. This gives an approximate yield of 7.6% (Based on the closing price of $0.955 - on 31-MAR). FY15/16 gross revenue grew 19.7% to S$336.6 million compared to FY14/15, while net property income (“NPI”) rose 21.0% to S$277.5 million compared to FY14/15. The
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For the Financial Year of 2015, Yangzijiang (BS6) continues to show resiliency amid some challenging headwinds. As you may know, the oil & gas and shipping industry are at its all time lows. Many of the smaller peers in the industry have either consolidated or have impairments that are sustainable in the long term. Despite the low shipping demand, low shipping rates and overcapacity, YZJ has managed to maintain a strong order book till 2018 and finds diversification by adding the LNG Carrier to its portfolio, providing shareholders
Net Worth Update Assets MAR-2016 Savings Account 1 $2,814.58 Savings Account 2 $161,000.00 Savings Account 3 $500.02 Savings Account 4 $61,884.27 Current Account 1 $3,000.00 Stock Holdings $53,990.94 Physical cash $141.00 Total Assets $283,330.71 Liabilities Credit Card 1 (UOB) $0.00 Credit Card 2 (OCBC) $2,583.35 Credit Card 3 (SCB) $0.00 Supplementary Card 1 $0.00 Total Liabilities $1,942.09 From 2016 onwards, net worth updates will now be changed to once every quarter! No dividends due for the months of Jan-Mar 2016 - But it
S-REITs Ever since i have started my investing journey, i have always been fascinated by the yield accretive returns of the Singapore Real Estate Investment Trusts (S-REITs). Despite the global market turmoils, ailing commodities and oil markets, the S-REITs continue to churn out decent and stable income streams. It is without a doubt that i would recommend to hold a good REIT (with a healthy debt ratio) in everyone's investment portfolio. Without considering other equities (with potentially higher risks), I decided to do
Highlights 2015 has been a really good year, at least for the non-financial aspects of my life! I married my sweetheart, had an amazing trip to Europe and received good news that my mother is in remission. Also, due to certain circumstances with my employer; which i am unable to disclose, i had managed to negotiate and obtain a pay rise of about 20%. Unfortunately, this pay rise is also fixed (Pay freeze) until the end 2016. All-in, it does work out to be about
Regards,
Cherryjoy