Keppel DC Reit

NFP showed weaker job numbers than anticipated, which reversed expectations of near term Fed rate hikes. Markets are no longer pricing in one more rate hike by end of year. This should give some relief at the short end of the curve and has led to a broad rally since the data was released

Job reports are out, with the labour market faltering in September with a lower increase in jobs by just 29,000, well below the forecast of 84,000. With a lower than expected growth, concerns over inflation eases slightly and rate hike probability hence drops further for October, albeit likely to have 1 more in November/December.

Just bought some more Reits today at a bargain price. Could it drop some more? Absolutely. Bond yields are still skyrocketing which is one of the major factors in play. However, I'm accumulating Reits for dividend play in the long term, and dividing my capital for a few different price range to better capture the dips.

I like the way the market shrugs off the bears and keep moving up into a seasonally bullish period as well as the US midterms which have historically provide a year end rally into clarity.

The market keeps marching onwards despite almost everyone being bearish. That is ironically bullish. If jobs data is not as strong as expected, the market might take that as a green sign to rally. I am cautiously bullish.

📌🇺🇸 Spot ON, last session I did said If I were to focus on the screen, likely to shoot up, I did few adjustments due to daily unpredictable volatility and seen its rotation and inconsistency. I happened to wake up past 3am and saw favourable position for me to adjust a bit further, no chance to enter a few other intended names. Both SG and China also closed recently as Red across the board! Nothing is stable for now still, buy with mindset of long term if can stand to see 🛑 on your dashboard every day which is pretty annoying for me ha 🎲 😅

US treasuries yields continue to stay above 5+%. At some point, people are going to wonder if a "risk free" 5% is good enough vs taking on risk to earn a 6 to 10% long term return in the equity markets.

$Keppel DC Reit(AJBU.SG)

Context: AJBU is an income-focused REIT for me. Data centres provide essential infrastructure and recurring rental income, but REITs remain sensitive to interest rates because higher borrowing costs can pressure distributions and valuations.

My trade: I added more shares recently, building on my existing position. The lower price gave me an opportunity to increase my exposure to the dividend income.

Takeaway: I’m mainly looking for sustainable distributions over the long term. If interest rates ease, REITs could get some support from lower financing costs but I still want to see AJBU improve its underlying performance before adding even more.

$Keppel DC Reit(AJBU.SG)

Context: Valuations across tech and AI ETFs have pulled back, data center REITs have also softened and provided a healthier entry point into the physical infrastructure supporting global AI workloads.

My trade: I am monitoring and evaluating to add to my long-term core position. While short-term tech prices fluctuate, hyperscaler computing needs remain in demand, making Keppel DC Reit an excellent long-term holding for both income and growth.

Takeaway: Moving forward, I will accumulate in DCA tranches during sector pullback to lower my cost basis.

$Keppel DC Reit(AJBU.SG)