Another stock to add to my series of foolish investments.
You should invest in a business that even a fool can run, because someday a fool will.
So similar to a REIT, infrastructure trusts work pretty much in a similar way.
A infrastructure trust owns infrastructure assets, like telephone lines and they rent out the cable bandwidth to telco companies or highways, and they collect tolls from users of the highway.
Keppel Infra Trust has the following assets.
Essentially, they own infrastructure assets of many services in Singapore. With the only exception of Basslink which is in Australia.
To me, the assets owned by Keppel Infra Trust is pretty much stable and I believe it will provide a good stable cashflow for many years.
Also, Keppel is somewhat Government linked so I …