Ascendas Reit


This Reit comes into Cory portfolio pretty late. In the initial positions in 2017 there were quite a number of trading activities. Make some kopi money.  Investment only get significant in 2018 which interestingly registered a net loss position by year end. Today, Ascendas Reit is Cory largest position after STI ETF.

So one may ask why so late in the game on this one. The key reason is Ascendas is expensive relative to itself. The chart is ever growing so stock price continues to climb year after year. So Cory keep postponing and finally one day strike his head that if one day it does really get cheap enough, he may not want to buy any ! So that's the 2nd Enlightenment !

Strong Reit is sort after because they performance consistently or should I say grow continuously in DPU. What this mean is for every share...