It looks like the sponsor have started offloading. The gearing of this warehouse trust have went up to 29%. If the pace of acquisition continues we could see it being geared at 40% by the end of the year. Yields could inch up to 9%
Here are 2 reports from CIMB and DBS Vickers on this move.
I do collect past stock research reports from brokers here @Investment Moats. Do take a look at the reports here.
- New 6-Month Singapore T-Bill Yield in Late-September 2023 Should Stick to 3.75% (for the Singaporean Savers) - September 21, 2023
- A Concentrated, High-Quality Fixed Income Financial Independence Income Strategy Has Enough Uncertainty - September 20, 2023
- Why Do We Save Money After We Reached Financial Independent Status? - September 18, 2023