This week investment writers have been invited to a session with Keppel Pacific Oak REIT to have a discussion on their latest results. I don’t want to steal the thunder away from writers who might discuss the details, I will just share some points that were not discussed that day:
- I have a decent amount of Keppel Pacific Oak and this is still one of my more profitable holdings as I bought a position when there was uncertainty over taxation rules of US REITS listed in Singapore.
- Keppel Pacific Oak continues to be shortlisted in my factor models, but my students have decided not to pick it up in the last round early this month.
- I actually disagreed with my student’s analysis after this pleasant luncheon and consequently supported the counter when I sent my research to iFast for clients of their Introducer service. If anything, it will boost the yield of the portfolio substantially.