My 1 lesson, 1 discovery from Suntec REIT – Millionaire Investor
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My 1 lesson, 1 discovery from Suntec REIT

singapore15 April 2014 – Last month, I attended the annual general meeting of Suntec REIT. This would have been my 2nd time attending their AGM.

In case you’re not sure what a REIT is, you can find out more here

It was an insightful experience for sure.

One thing I’ve always liked about attending AGMs is listening to the kinds of questions fellow investors ask; sometimes we don’t know what we don’t know … and there may be certain aspects of each business I might never have thought of that are crucial to the outcome of my own investment decisions.

Before I attended the AGM, one of the biggest concerns I had about the business was how much online shopping is affecting the sales of retail outlets in Suntec REIT’s properties.

I was concerned about that because my recent experiences with online purchases have left me thoroughly satisfied, and it got me wondering about how the buying patterns of consumers are changing.

Also, I wondered how Suntec REIT’s malls are faring as compared to their heartland and suburban counterparts.

Ever the avid and diligent investor, I did some homework of course. You can see my process in the video here:

Bottomline?

I believe Suntec REITs can still fare well, as long as they have a process in place to bring in consistent traffic flow to the retail shops.

More traffic >> more sales for retail shops >> shop owners benefit and stay >> Suntec REIT benefits

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“Please note that the material here is provided to you for general information and illustrative purposes only, or as descriptive case studies on how our value-investing principles may be applied. It is not intended to be and should not be construed as any form of general or specific financial advice. For the avoidance of doubt, we do not recommend or provide opinions on how or what you should or should not be investing in, and you should always do your own research and independent assessment before making any investment decisions, taking into account your own specific circumstances. If you require any financial advice on investments or any other financial matters, please consult the relevant professional financial advisers.”

About The Author

Heah Min An

Born in a family in 1984, I took the path that you are going through now - PAP kindergarten, River Valley primary school, Monk's Hill secondary school, Catholic junior college, National Service plus 5 other jobs. Here I am NOW being a "floor sweeper" in a temple. Rooted in the principles of value investing since September 2010, I apply the steps constantly to my surroundings - watch F&B owners run their stalls, observe what the markets pay with their dollars, calculating the business revenue that I eyed on, to name a few daily activities. If you see me on the streets, say “Hi”. P.S. Why do I care so much about being a columnist for you? My personal motivation in embarking on this lifelong journey has been driven by friends and their families when they feedback to me that my experience, which may not be totally right, boosted their understanding of the proper investing steps. Why not publish them? And there you go.

Number of Entries : 3

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