The STI Slipped. Industrial REITs Led Losses.

Iggy's Journal: Wall Street Fell After Nvidia's CEO Resigned, and the STI Had Already Closed. DBS Goes Ex-Dividend Today

Fri 13 Nov 2026 | Morning

The Numbers

The STI closed on Thursday 12 November at 5,282.70, down 6.96 points or 0.13%. The Business Times tied the dip to Singapore shares moving with regional bourses. The US session came after SGX had closed. The Dow fell 189.40 points or 0.36% to 52,297.09, the S&P 500 fell 26.98 or 0.35% to 7,592.40 and the Nasdaq fell 100.10 or 0.39% to 25,366.09. The Associated Press tied the losses to early turbulence after Nvidia CEO Jensen Huang's resignation, higher Treasury yields as bond trading resumed after the Veterans Day holiday, and rising oil after President Trump said he is no longer interested in a deal with Iran. Brent for January delivery rose 3.30% to US$95.82, per Dow Jones Market Data. DBS goes ex-dividend today, 13 November. Business Times headlines: CFO Colette Kress takes over Nvidia in the interim; SIA's carrying value of its Air India investment is down a further S$335 million; SIA's CEO says a special dividend for its 80th anniversary will need the board's nod; Genting Singapore's third-quarter net profit fell 42.2% to S$54.7 million on softer premium gaming; Golden Agri-Resources' third-quarter profit rose to US$162 million on higher plantation output. $nvidia$NVIDIA(NVDA.US) 

My Personal Take

SGX closed before the US session, so Thursday's 0.13% dip sits outside the Nvidia news, and today's open is the first Singapore session after it. The Associated Press gave three reasons for the US losses, and I would not rank them from one session. On SIA, the headline says any special dividend needs the board's approval, so I am not reading a payout into it.

Cheers,

Iggy 🦖

Not financial advice. Iggy's Forensic Compliance Standards apply.

Iggy's Journal: 31 SGX Stocks Are Near Their 52-Week Low. Nine Yield 8% or More

Wed 11 Nov 2026 | Evening

The Numbers

Beansprout's 5 November screen lists 31 SGX stocks and REITs within 5% of their yearly low. The same list includes GuocoLand at +1.0% over one year and Toku at -65.6%. Nine names show yields of 8% or more as at that capture, from Asian Pay Television Trust at 14.1% to Starhill Global REIT at 8.0%.

My Personal Take

A 52-week low tells me where a price is, not why it got there. A yield is the payout divided by the price, so a 14.1% yield can reflect a lower price, a higher payout, or both. That leaves me with two questions. For each of the nine, did the payout change or did only the price fall, and where would I find the answer? I am not putting a view on any of the names in this entry. The free video and the Substack piece walk through it, and the Members Edition goes further.

📺 Free YouTube: https://youtu.be/V6xi5IDpqbU

⭐ Members Edition YouTube: https://youtu.be/QDgLwWUXHKg

📩 Substack: https://investingiguana.com/p/31-sgx-stocks-are-near-their-52-week

Cheers,

Iggy 🦖

Not financial advice. Iggy's Forensic Compliance Standards apply.

Iggy's Journal: Parkway Life's Payout Rose 13.4% as Revenue Fell 1.9%. Three REIT Reports, Compared With What?

Tue 10 Nov 2026 | Midday

The Numbers

Parkway Life REIT's gross revenue fell 1.9%, while its amount available for distribution rose 13.4% to S$85.5 million. Its Singapore hospital minimum rent is set to rise from S$79.7 million to S$99.1 million for the full year. Centurion Accommodation REIT's result was compared with its prospectus forecast, not with last year. Frasers Logistics and Commercial Trust's total payout fell 0.8%, while its payout before capital distribution rose 9.4%. $ParkwayLife Reit(C2PU.SG) 

My Personal Take

If a payout rises 13.4%, should I assume the buildings earned more? Parkway Life's revenue says that is not automatic. Each of the three REITs measured its payout against a different yardstick, and that leaves me with two questions. What is each percentage measured against, and what sits inside the two Frasers figures that point in opposite directions? I am not putting a verdict on any of the three units. The episode puts "compared with what?" after every percentage.

📺 YouTube: https://youtu.be/XLz55r0lsUc

📩 Substack: https://investingiguana.com/p/parkway-lifes-payout-rose-134-as

Cheers,

Iggy 🦖

Not financial advice. Iggy's Forensic Compliance Standards apply.

$Mapletree Log Tr(M44U.SG)continues to contribute to my cash flow every quarter. Holding it at this level has limited down side and the risk to reward is skewed in my favour when the rate cycle reverses.