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Portfolio Purchase: Utdhampshire REIT & Hang Lung Properties
By Investmoolah  •  June 12, 2024
02 purchases have been made and with that conclude my bout of new companies addition. Utdhampshire REIT:  I have covered this REIT before. It is in the US suburban retail business. My analysis can be found here here  The REIT has sought to manage the risk of its balance sheet by reducing its payout ratio to 90%. I am expecting a 3.8 US cents annual dividend. Secondly, what surprised me was how valuation at year end was not a negative which would have breached MAS leverage limits. Given the 2 positives, the new dividend is sustainable and I am expecting Utdhampshire REIT to be a 10% dividend yielder. The interest coverage and leverage ratios should be within MAS limits. Hang Lung Properties (HK): The second addition is Hang Lung Properties. It is in the retail mall segment and small part office in China and Hong Kong. The consumer segment it targets are the wealthy and...
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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...
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