Nov 23

Lippo Malls Indonesia Retail Trust (LMIR): Fundamental & Technical Analysis, Risk Assessment

Fundamental Analysis of Lippo Malls Indonesia Retail Trust (LMIR):

Technical Analysis of Lippo Malls Indonesia Retail Trust (LMIR):

LMIR is currently on the down trend but approaches the previous resistance turned support level at about $0.33. If LMIR is able to hold above $0.33 and consolidate around this support zone, it may be a good entry point in view of the strong fundamental, undervalue NAV and nice DPU yield. Keep an eye on the reversal chart pattern and candlestick patterns when LMIR reaches this support zone.

LMIR Nov 22-14

 

Risk Assessment:

One of the biggest Risks is currency exchange risk, where LMIR collects rental in IDR but DPU pay out in SGD. Looking at the SGD/IDR chart, SGD/IDR is trading within the range of 9,000 and 9,500. It is good news to LMIR if SGD is weaken against IDR and vice versa.

SGD IDR Exchange Nov22-2014

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Nov 23

FIRST REIT: Consolidating in a Rectangle

FIRST REIT is currently trading sideway in a Rectangle chart pattern.

2014Nov21-FirstREIT-800x600

  • Fundamentally FIRST REIT looks great.
  • FIRST REIT Valuation overvalue. Price/NAV High = 1.7, Price/NAV = 1.05
  • Technically FIRST REIT on long term uptrend (200D SMA is still trending up) but in consolidating mode currently.
  • 200D SMA support, Rectangle support and 61.8% Fibonacci Retracement support at $1.17. A good entry level if the support holds.

See Singapore REIT Fundamental Analysis comparison table here.

 

Nov 10

Gold is Cheap! Is it the right time to buy Gold?

Gold has dropped a lot and getting near to the 5 years low. Gold is getting very attractive at the current level for many gold lovers, and many investors are tempted to buy gold at this level. However, technically speaking base on the chart, there may be more down side coming after the Gold (GLD) has broken the significant support at $115. GLD is trading in a confirmed down trend.

GLD Nov7-2014 (5 Year)GLD Nov7-2014

Currently GLD is rebounding from the low of $109 but $115 will serve as a Support Turned Resistance. If GLD is unable to break this resistance, the price target will be $106 base on 161.8% Fibonacci Expansion.

Original Post by Marubozu My Stocks Investing Journey