Ascendas REIT Fundamental and Technical Analysis

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Ascendas REIT Fundamental Analysis base on April, 2015 Quarterly Earning Presentation.

  • Last Done Price = $2.44
  • Market Cap = $5.87 B
  • NAV = $2.08
  • Price /  NAV = 1.17 (17% Premium)
  • Price /  NAV (High) = 1.55
  • Price /  NAV (Low) = 1.07
  • Distribution Yield = 6.0%
  • Gearing Ratio = 33.5%
  • WADB = 3.6 Years
  • WALE = 3.8 Years
  • Occupancy Rate = 87.7%

Ascendas REIT DPU Growth June25-2015Ascendas REIT Portfolio June25-2015Ascendas REIT Diversification June25-2015 Ascendas REIT Tenant Diversification June25-2015 Ascendas REIT Top 10 Tenants June25-2015Ascendas REIT WADM June25-2015 Ascendas REIT WALE June25-2015 Ascendas REIT WALE1 June25-2015

 

Ascendas REIT Technical Analysis

2015June25-Ascendasreit-800x600

 

Ascendas REIT is just sitting on the 200D SMA support after dropped about 12% from the recent high. Take note that Ascendas REIT is forming a Head and Shoulders chart pattern.  Breaking the 200D SMA  support at $2.415 and neckline at $2.375 will send the stock price lower with price target of $2.08.

 

Summary

Ascendas REIT has a good fundamental and well diversified portfolio and tenant base. Currently Ascendas REIT is over value base on NAV. Technically I don’t like the chart (Head and Shoulders) amidst coming interest rate hike. So it is better to play safe now because there is opportunity to pick up this fundamental strong REIT at a lower price.

Find out how to conduct Fundamental Analysis of Singapore REIT using Quantitative and Qualitative methods, combining with Simple Technical Analysis to improve your Investment Decision.

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