Tuesday, October 7, 2008

REIT - Safe Haven? Part 1

My prelude to talk about dividend yield strategy that analysts touted as a defensive strategy during turbulence time. REIT - a safe haven after fallen by 50-70%, a very limited downside plus 7-10% gross yield?

Capita Retail China listed in SGX plunged by almost 77%, worst than China market bubble burst!. Is it safe to invest with almost 10% yield at S 0.68. Discount to NAV is almost 33%.



QCapita listed in KLSE, plunged by almost 50%. Nett yield of around 6%. Discount to NAV is about 15%.

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