S-REIT investors alert! I have compiled alist of the upcoming results announcements by S-REITs below. Do mark them in your calendar. [微笑] • 19 October 2021 Ascendas Reit • 22 October 2021 CapitaLand Integrated Commercial Suntec Reit • 25 October 2021 Mapletree Logistics Trust Keppel DC Reit • 26 October 2021 Mapletree Industrial Trust Keppel Reit CapitaLand China Trust ARA Logos Logistics Trust • 27 October 2021 Keppel Pacific Oak US REIT • 28 October 2021 Mapletree North Asia Commercial Trust • 11 November 2021 Frasers Logistics & Commercial Trust Seems like 26th October is a good feng shui day! [贱笑] @Tiger Stars
Do you intend to invest in Real Estate Investment Trust (“REIT”)? How do you decide on which REIT to invest in? Here are some ideas! Disclaimer: I am not advocating any REITs here and I am not an expert investor or trader. A. Looking at the Straits Time Index (“STI”) There are currently 42 listed REITS in Singapore and seven of them are components of the Straits Time Index (“STI”). The STI is a list of Singapore largest public companies, and the seven REITs below constitute 14.80% (as of September 2021) of the index: 7 Singapore REITS (“S-REITS”) in the STI - Ascendas Real Estate Investment Trust (AREIT) - CapitaLand Integrated Commercial Trust (CICT) - Frasers Logistics & Commercial Trust (FLCT) - Keppel DC Reit (KDC REIT) - Mapletree Commercial Trust (MCT) - Mapletree Industrial Trus
Image source: Sea LimitedIn its Q1 2021 earnings call, Singapore's largest company by market capitalisation, Sea Limited, reported 147% year-on-year revenue growth. However, $SE missed Wall Street's earnings expectations with a loss of 62 cents per share. The loss is 10 cents more than Q1 2020's reported loss of 52 cents.Shares initially dipped on the report to as low as $204 before closing up more than 11.82% to $228.11. What caused the rebound? Despite missing on EPS, the Internet company has reported a 212% year-on-year increase on Gross Profit and EBITDA of $88.1m (Q1 2020: loss of $69.9m). This shows that the company's investment on growth is showing results.Image source: GarenaSea Limited's game developer and publisher, Garena, contributed significantly to its financial performance.
Last week, we saw $BABA share price dropped 6.2% after the Chinese e-commerce giant reported its Q4 2021 financial results. In this post, I will share my opinion of Alibaba.Alibaba Group posted an operating loss of 7.7 billion yuan; the first since the Group went public in 2014. The loss came after Alibaba was fined 18.2 billion yuan for engaging in monopolistic business practices. As an investor, I ignore such one-off operating loss when calculating the intrinsic value of a company. I like the fact that Alibaba would have reported a 48% year on year increase in operating income without the fine.On revenue, Alibaba reported 187.4 billion yuan (US$28.6illion) for Q4 2021; up 64% year on year.A quick calculation of Alibaba's intrinsic value shows that the company has a fair value of US$