Why Parkway Life REIT

Portfolio 

Parkway Life REIT has 47 properties. Parkway Life REIT invests in income-producing real estate and real estate related assets that are used primarily for healthcare and healthcare-related purposes.

1. Singapore: Mount Elizabeth Hospital, Parkway East Hospital, Gleneagles Hospital
2. Japan: Majority Assets, too many to list :p
3. Malaysia, Kuala Lumpur: Gleneagles Intan Medical Centre, KL

Results for 3rd Quarter 2015

For the third quarter of 2015 (3Q 2015) on 5th November 2015 is positive. 

Distribution Per Unit (DPU) Increase from 2.90 cents to 3.36 cents as compared to same quarter last year a up of  15.6%. Which is good news for us uni-holders!

Finance & Debt

Finance: Net revenue and Net property income increased by 2.4%. Now the on-going increase of interest rates with the fed hike, and with majority of it's assets in Japan,  Parkway Life REIT has hedged its Japan net income for the next few years. 
Debt: As of Nov 2015, Parkway Life REIT  Gearing ratio remains at a healthy level of 35.8% and weighted average debt term to maturity stands at 3.7 years.

Conclusion

To be continued...

February In Review

Happy Lunar New Year the year of the Monkey!

Company	Portfolio (%)	Last Done	Unrealised Gain/Loss (%)
Lee Metal Holdings	11%	0.300	-4.12%
Parkway Life REITS	15%	2.330	4.85%
Cache Logistics Trust	12%	0.860	-8.75%
AIMS AMP Captial REIT	15%	1.320	-3.38%
Singpost	9%	1.450	6.76%
ST Engineering (SRS)	19%	2.780	2.41%
Singtel	1%	3.600	3.80%
ICBC (HKD)	8%	3.930	-2.35%
Super Group (CH)	5%	0.780	10.38%
Royal Dutch Shell B class	4%	44.350	-0.57%

The straits times index went up 60-70 points from 2550 a couple week ago and I am finally seeing some greens in my portfolio especially those i bought on the way down.

Singpost (SGX:S08)

Earlier this month before CNY, I did a quick trade. Bought 9000 Singpost shares sold 7000 intraday for a small ang pow and kept remaining 2000 in my portfolio not 52 week low but  good enough at $1.355. Will be preparing for cash dividends soon yay! 

Super Group (SGX:S10)

Over a cup of fragrance Owl coffee I commented to CH how rich and aromatic is was, CH mentioned that Owl Brand is owned by Super Group Ltd. This kept me up during the night readign through their businesses, success stories and I did a quick check on their financial figures

I came to a conclusion that Super seem to be a decent company with positive cash flow with conservative balance sheet. This is an ideal candidate for paying dividend of at current price of 70.5cents and DPU of 4cents is dividends of 4.4 % yield and P/E 17.5  with potential for future revenue growth.

Super has been experiencing a continuously selling down hitting the 52 week low of 68cents in Mid-Jan. Checking against past records it seem to be a good chance to accumulate more. While waiting for it to bottom out,I decided to scoop 2 lots at $0.705 to test out the theory of optimism.

MACD is heading towards the oversold territories so any further price weakness might be a good opportunity to accumulate with a target of 85cents 

Royal Dutch Shell B class (NYSE:RDS.B)

It wasn't easy cutting on dairy farm. Probably shortsighted of me I did not hold on longer but rolling to Royal Dutch Shell is not slug. with a 8% dividend consistently paid out since god knows when, with a DPU at USD 94cents/share . It seemed like a nice counter to buy at a 30% discount considering the depressed oil prices since 2014. 20 shares is nimble at a 8% premium and a good lesson how i did not have the balls to enter at USD39 share but I do foresee oil prices to hover at USD30/barrel for awhile. unless the Arabs agree to reduce output, prices are going to remain depressed!

January 2016 in review

Company	Portfolio (%)	Unrealised Gain/Loss (%)	Units	FY16 Collected Dividends
Lee Metal Holdings	11%	-4.12%	10,000	$0.00
Parkway Life REITS	11%	-2.50%	1,400	$47.18
Cache Logistics Trust	11%	-10.62%	3,200	$37.57
AIMS AMP Captial REIT	15%	-2.65%	3,100	$0.00
Sembcorp Industries Corp	7%	-20.95%	600	$0.00
StarHub (SRS)	21%	-12.18%	1,500	$0.00
Keppel Corp	0%	0.00%		$0.00
Dairy Farm International (USD)	7%	-6.44%	200	$0.00
ICBC (HKD)	3%	-11.71%	1,000	$0.00
Singtel	1.25%	0.06%	100	$81.60