BUSINESS:
Healthcare REIT which invests on properties used for healthcare purposes
OVERVIEW:
The asset portfolio covers regions in Singapore, Malaysia and Japan. Mount Elizabeth, Gleneagles Hospital are well down names to local. The counter posted healthy growth for its 4Q2014. Quarter revenue is +1.5% y-o-y and net property income stood at 1.3% increase. It consistently distribute dividend >1% on every quarter, and translate to >5% annual dividend yield. The net income has been stable over past four year with ~50% of debt ratio.
REASON TO BUY:
Due to rising awareness on personal health and growing of elderly population, healthcare industry has its strong fundamental prospect. Healthcare related operators don't randomly shift their location, so rental yield is stable. It can be good defensive as well as dividend counter in one's portfolio.
ENTRY PRICE:
Accumulate < $2.5.
TARGET:
To ride on the uptrend of healthcare industry while enjoying >5% dividend as annual yield.
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