EC World Real Estate Investment Trust IPO Prospectus

EC World REIT Logo

Singapore REIT IPO is getting very hot these few months. EC World Real Estate Investment Trust is another new IPO after Manulife US REIT and Frasers Logistics & Industrial Trust recently. The EC World REIT IPO prospectus has 565 pages and I need sometime to digest and work out a summary. Just send a note here to inform everyone on this new REIT IPO. You can find the EC World Real Estate Investment Trust IPO Prospectus here.

Read related news on EC World Real Estate Investment Trust IPO in Singapore here.

Singapore REIT Fundamental Analysis Comparison Table – 3 July 2016

FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increases from 717.26 to 745.33 (+3.91%) compare to last post on Singapore REIT Fundamental Comparison Table on June 5, 2016. The index rebounded strongly from 200D SMA support and stay above all the 20D/50D/200D SMA. 200D SMA also starts to trend upward. This is the bullish sign and technically Singapore REIT sector is in bullish territory. SGX S-REIT (REIT.SI) Index increases from 1102.94 to 1141.99 (+3.54%)

 

FTSE ST REIT Index July3-2016FTSE ST REIT Index July3a-2016

  • Price/NAV increases from  0.948 to 0.97 (Singapore Overall REIT sector is slightly under value now)
  • Distribution Yield decreases from 7.25% to 7.14% (take note that this is lagging number). More than half of Singapore REITs (20 out of 39) have Distribution Yield > 7%. Current yield is attractive (for certain REITs only) but dangerous to make investing decision purely base on the yield. Past performance does NOT equal to future performance.
  • Gearing Ratio decreases from 34.76% to 34.53%.  24 out of 39 have Gearing Ratio more than 35%.
  • Most overvalue is Parkway Life (Price/NAV = 1.491),  followed by Ascendas iTrust (Price/NAV = 1.42).
  • Most undervalue (base on NAV) is Sabana REIT (Price/NAV = 0.609), followed by Far East HTrust (Price/NAV = 0.656) andFortune REIT (Price/NAV = 0.721).
  • Higher Distribution Yield is Sabana REIT (10.09%), followed by Lippo Malls Trust (9.35%) followed by Cache Logistic Trust (9.48%)
  • Highest Gearing Ratio is Croesus Retail Trust (46.2%), iREIT Global(43.1%) and OUE Commercial Trust (40.5%)
  • Note: Recent IPO of Manulife US REIT and Frasers Logistic & Industrial Trust are added.

Singapore-REIT-Fundamental-Analysis-and-Comparison-Table-3-Jul-2016

Disclaimer: The above table is best used for “screening and shortlisting only”. It is NOT for investing (Buy / Sell) decision. To learn how to use the table and make investing decision, Sign up next REIT Investing Seminar here to learn how to choose a fundamentally strong REIT for long term investing for passive income generation.

  • Singapore Interest Rate maintains at 0.23%

Singapore Interest Rate July3-2016 SIBOR July3-2016

  • 1 month decreases 0.75634% to 0.75000%
  • 3 month decreases from 1.00192% to 0.99463%
  • 6 month decreases from 1.23863% to 1.23466%
  • 12 month maintains at 1.37375%

Fundamentally Singapore REITs in general, the valuation and distribution yields are still attractive. Technically Singapore REITs sector is in bullish territory and on uptrend. US Fed may delay the interest rate hike as there are a lot of uncertainties due to Brexit.  This may probably be the reason why Singapore REIT is coming back to life again!  Find out Which Singapore REIT to Buy, Which Sectors to consider,  and When is the Right Time to Buy in the next Singapore REITs Investing class.

 

Original post from http://mystocksinvesting.com

Brexit: Where are the Opportunities?

It was a Black Friday of the whole world market sell off due to Brexit. I received many questions from my friends, my students and my readers on what to do next. I list down some of the common questions here and list down my humble opinions.

Common Questions:

  • Will the Stock Market Crash?
  • Should I sell my stocks?
  • Should I buy Sterling Pound now?
  • Where are the investing opportunities for this Brexit?

Frankly speaking, I do not have the answers as I am not the fortune teller. Basically what I am doing now is Trade Base on What I See & Invest Base on My Objectives. I will be sharing what I see in the current movement of the financial market and where are the investing or trading opportunities. By the way, opportunities are everywhere as long as the Price Moves. It is not a rocket science! The key thing is how and where to find them.

Disclaimers: I have trading or investing positions in Gold, Silver, Crude Oil, VIX, S&P500 Futures, GBP/JPY and Singapore REITs. My views and analysis can be biased. All analysis here are my own view and do not constitute any Buy or Sell recommendation. I am not responsible for any profits or losses if you take any position base on the analysis here.

(1) World Equity Market Sell off and VIX Spiked

Brexit Futures June 24-2016 Brexit Global Equity June 24-2016 Indices June 24-2016VIX June 24-2016

Brexit Relative Performance

(2) GBP Plunged

GBP June 24-2016

(3) USD and JPY rallied

USD June 24-2016JPY June 24-2016

(4) Funds exit from equity and flight to safety to Bonds & Gold

Bonds June 24-2016

(5) Gold & Silver Rallied as both are correlated

Gold June 24-2016

(6) Crude Oil slumped as it has inverse relationship with USD

Crude Oil June 24-2016

(7) Financial Sector has the worst hit

Sector June 24-2016

(8) STI Sell off

STI June 24-2016

(9) Singapore REIT Index is just sitting on the neckline support of a Head and Shoulder reversal pattern. See Singapore REIT Fundamental Analysis table for potential investing opportunities for passive income.

FSTAS8670 June 24-2016

My Views:

There are a lot of investing or trading opportunities out there, why continue to fall in love in the stocks if the funds exit from equity market to other financial instruments like Forex, Gold, Bonds, etc? The objective is to make money from our investment but not to have a love affair with the stocks. Some of the strategies we can take advantage from this Brexit:

  • Trade on Rebound due to the knee jerk
  • Wait for the establishment of the new trend as Fund Managers will be re-balancing their portfolio due to this new development. Trade with the trend.
  • Be extremely careful with US equity market because it is at the market top
  • Position ourselves in the “flight to safety” type of financial instruments like Gold and Bonds if the stock market does crash
  • Watch the Euro as Europe will be in a mess and have high risk of dis-integration of United Kingdom and European Union. See The U.K. has voted for Brexit — what happens next?

Still do not know what to do? You can approach me for the Private Portfolio Review if you need help.

You can also send me an email marubozu@mystocksinvesting.com if you need help in building up your own investment portfolio but do not know where to start.