Monday, December 29, 2014

Stocks - First REIT (did not buy)

Never bought a REIT before, looking to add one to my portfolio.
I like its website, clean and neat.
I like its idea. Hospitals, and nursing homes. The world will have many long life old people soon.
Heavily invested in Indonesia. Great because I want to ride on the most powerful thriving SEA country. Around 10 facilities there.
3 facilities in Singapore. 
1 facility in South Korea.
PE ratio is around 8.
Revenue doing well in 4Q, but, net income suffered.
So you will see the PE ratio increasing in the next reporting, as EPS dips.
This is my favorite REIT, and I may monitor it.
Dividend yield of around 5%.

The other REIT catering to hospital and nursing home is AIMS REIT, I think. 
But their focus is on Japan, which in my view, does not have a great potential to boom more than Indonesia.

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