Bank of America (BAC): Bull is Taking a Break!

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Bank of America has been on the bull run recently after passing the stress test. It looks like BAC is taking a breather now as this stock is facing the $10.00 psychological resistance. Weekly chart show a Doji after a bullish marubozu candle indicates the end of the recent short up trend. Daily chart shows the consolidation at about $9.80 as BAC cannot clear the $10.00 mark for the past 3 sessions. A Bull Flag may be in formation and look out for the $10.00 breakout. The Price to Book (P/B) Ratio for BAC is 0.45 which is under value base on this valuation method.

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Lippo Malls Indonesia Retail Trust (LMIR): Undervalue REIT for Dividend Investing

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Lippo Mall REIT

  • Last Done Price: $0.39
  • NAV: $0.5969
  • Price / NAV: 0.6534
  • Dividend Yield: 9.86%
  • Gearing Ratio: 8.7%

Summary: Undervalue, high distribution yield and strong balance sheet.

 Comparison Tables with other REITs in Singapore.

Weekly chart for Lippo Malls

 

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