FIRST REIT: Can the current support hold?

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First REIT is currently testing the support for the 5th time at about $1.165. Technically the trend is still down for FIRST REIT. If this support is broken, the next immediate support is at $1.07. However fundamentally, current price with 7.03% distribution yield looks attractive.

2016Jan16-FirstREIT

  • Last Done Price = $1.165
  • Price /  NAV = 1.14 (14% Premium)
  • Price /  NAV (High) = 1.71
  • Price /  NAV (Low) = 1.06
  • Distribution Yield (TTM) = 7.03%
  • Gearing Ratio = 32.9%

See last post on FIRST REIT on Price & Yield Simulation.

Other Singapore REIT comparison table here.

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