Analysing REITS

At the moment, I want to increase the portion of Singapore REITs in my portfolio.

Currently, dividend yields of my portfolio is low.

REITs is different. 

To know the PE ratio, you have to exclude depreciation, and sales of asset from net income.

And I have to download their FY publication, as my broker info is less accurate.

There are many variations in financial reports.

But the best is to go directly to their income statement.

Ignore the Net Property income, as it does not consider the management salaries.

Go to income after tax, exclude depreciation,  and fair value changes.

Use Market cap to divide by the above income to get the PE value.

PE should be market cap divided by earnings and preference dividends, but I am more conservative to exclude preference dividends.

I bought Ascendas India REITs a few days ago without knowing how to evaluate the PE ratio. 

Today, I found out the PE ratio is around 18. 

Even though there is growth potential, I think I will try to dispose it tmr.

Nvidia joins the family

Added Nvidia, 1 lot (my own packet size for foreign stock), less than SGD 1k.

They are chip makers, and their chips are especially good for processing AI.

AI will only keep going up.

Nvidia is like shovels during the gold rush. The gold is data.

Comparatively to other tech companies, it is also less expensive. 

PE ratios of around 50-60+. 

Sales performance for around first 3 mths of FY is up 48%.

Net income for around first 3 mths of FY is up 2 times.

So maybe PE ratio by end of FY will be half to around 20-30 if the above persists.

And more importantly, tech stocks keep going up.
I don't want to miss the train by buying a small portion.

If market falls, I will grab more stocks. But for now, just be conservative.