SOLD: CapitaLand Investment (May 2025) & Added: Mapletree Industrial Trust (May 2025)

 

Sold 16,500 shares of CapitaLand Investment on 6 May at $2.60

Total profit (including dividend) is SGD 5157.05 (13%) cash + 513 CICT shares (special dividend-in-specie of 0.031 CICT units per share) for 1 month.

Reason for selling:

1) Lock in profit

Main reason for selling within 1 month is purely to lock in profit. One shouldn't be too greedy especially when CLI shares price always go up down up down.

This year price trend seem to mirror 2024 where I also bought in April 2024 and sold it in Jun 2024 for a 11% profit for holding it just for 2 months period.

2) Once per year dividend

CLI only declare dividend once per year. Given that it went XD on 5 May, it will be 1 year wait for the next dividend to come. 

Added 21,200 shares of Mapletree Industrial Trust (MIT) on 6 May at $2.02

This bring my total holding of MIT to 49,400 shares.

Reason for buying:

1) Average down my MIT price

I first bought MIT in 12 Jan 2022 at $2.59 and another major bought in 20 May 2022 at $2.43. 

Over the years, I had been subscribing to almost all of MIT dividend reinvestment plan (DRP). 

Unfortunately, even with dividend add in, i am still on paper loss.

2) Quarterly dividend

MIT are one of the few stocks left who pay out dividend quarterly.

MIT is 6.7% dividend based on $2.02 share price.

3) MIT geography

Given that 47.6% of AUM are based in Singapore + 45.6% of AUM are data centres based in North America, i quite like this combo as it provide me the quality assurance.

4) Good Performance in FY24/25

In term of performance, I feel MIT had done very well as compare to other REITs.

The only performance which MIT did not perform well is its share price.

Related post: 

1) Added: CapitaLand Investment (Apr 2025)

2) Added: CapitaLand Investment (Apr 2024)

3) SOLD: CapitaLand Investment & Added: Link REIT

4) Mapletree Industrial Trust (MIT) AGM 2022

5) Added: Mapletree Industrial Trust (Jan 2022)

Added: CapitaLand Investment (Apr 2025)

 

Added 16,500 shares of CapitaLand Investment (CLI) at $2.39 on 9 Apr 2025.

Reason for buying:

1) 52w low

2) 18 cents dividend 

Based on my purchase price at $2.39, 18 cents dividend is 7.5%.
XD on 1 May 2025 and payable date on 13 May 2025

3) Shares buyback

CLI had performed shares buyback on 8 Apr ($2.48) & 9 Apr ($2.43 ~ $2.44)

Related post:

1) Added: CapitaLand Investment (Apr 2024)

2) SOLD: CapitaLand Investment & Added: Link REIT

SOLD: CapitaLand Ascendas REIT

 

Sold 16,000 shares of CapitaLand Ascendas Reit on 1 Apr at $2.72

Total profit (including dividend) is SGD 3332.99 (8.07%) for 4 months.

Reason for selling:

1) To raise cash to purchase Fraser Centrepoint Trust PO

FCT was trading at above $2.15 prior to 1 April and with FCT PO price at $2.05, it make sense for me to apply for the PO + excess.

9 April Afternote: 

I was so lucky to dodge a bullet when the Global stock market was in a meltdown due to Trump Tariff shortly after I sold Ascendas REIT.

This SGD40k+ came very handy to be in my warchest to allow me to scoop up stock cheaply.

Related post:

1) Added: CapitaLand Ascendas REIT