Shares & Derivatives
First Reit- Price is high so time to say bye?
By Wealth Directions  •  May 29, 2015
At current price level ($1.430), First Reit has the highest Price/Nav ratio at 1.45 among all other Singapore Reits. Plus their price now is near to all time high. So is it time to say good-bye to this counter? First Reit Background This counter has been very good to me. In fact it is my best performing dividend counter thus far. I bought it for $0.73 in 2011 and bought more at at $1.088 in 2013. Just capital gain alone is 55% not including the dividend collected. So naturally, I will ask myself if I should take some profit now and invest somewhere else. Well, to answer that question, I attended their recently concluded AGM and I got the answer I wanted. This time no drama at the reception as I double checked to make sure I have all the paper work ready. Click here to ......
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By Wealth Directions
With the mission to help 1 Million Millionaires, Wealth Directions Pte Ltd aims to be the leading provider of Financial Education in Singapore and the region. We do not want to be just another seminar provider, but help create a closely-knitted community of like-minded people, who are interested in continuous Personal Development and learning, who believe in improving themselves in order to contribute back to the society at large.
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