By The Boy Who Procrastinates – November 17, 2018

October was a rough ride for global stock markets as they were slammed by a wave of fears about trade wars and higher interest rate. Amidst the chaos, there is always buying opportunities in a sell-off. 

I have initiated a small position in Far East Hospitality Trust at $0.595 in Oct. At this entry price, it is trading at 31.27% discount to its NAV/unit of $0.8657. Based on the 2017 DPU of 3.90 cents, this translates to a distribution yield of 6.55%.  

Profile of Far East Hospitality Trust Listed on SGX since Aug 2012, Far East Hospitality Trust (“FEHT”) is a Singapore-focused hotel and service residence hospitality trust. Its portfolio of 13 properties consists of 9 hotels and 4 serviced apartments.

Hotels
✻ Mid-Tier
Village Hotel Albert Court Village Hotel Changi The Elizabeth Hotel Village Hotel Bugis

✻ Mid-Tier /