Analysis: Keppel DC Reit

Keppel DC Reit: price history - steady rise
What it does: rents land to data centers in Singapore and other countries.
Prospects: good because of Singapore's digitization --> more data centers needed.

Revenue growth/profits:

Dividends:
Dividend yield currently around 3%.
Cash flow to dividends: 155,274 / (126,541) + (2,553)
Debt:
Current ratio > 1

Competitors:
So far it is the only DC REIT in SG.

Cash flow:
seems like most of the cash flow comes from financing/investments into the company.

Target:
Buy half of it at current price
Buy rest of it when price drops below 2.40.
Allocate 4k in total to buy it.

REITs WatchList - Revised Feb 2020

Previously, this was my watchlist:

• Fortune REIT
• Capitaland Mall Trust (will buy more)
• Frasers Centrepoint Trust
• Mapletree North Asia Commercial Trust

Now, since I've bought MNACT, and with the situation in Hong Kong now, I will not invest in HK related entities for now. 

Now, this is my watchlist

• Capitaland Mall Trust (will buy more)
•  Frasers Centerpoint Trust
• Keppel DC REIT

Trading Journal: Sold SPDR STI ETF

Why I sold:

• Price have not moved much since, while the dividends are okay, I'll rather plow the investments into specific companies in the ETF
• STI ETF is actually not a very good investment, because the weightage leans towards the financial industry.