Singapore REIT Fundamental Analysis Comparison Table – 8 June 2014

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FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index changes from 755.37 to 768.55 compare to last post on Singapore REIT Fundamental Comparison Table on May 9, 2014. The index is trading above 20D/ 50D/ 200D SMA with 20D/50D SMA trending up. This is an official uptrend for Singapore REITs.

FTSE ST REIT Index June8-2014

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  • Price/NAV increases from 1.0022 to 1.0229
  • Dividend Yield decreases from  6.61% to 6.51%.
  • Gearing Ratio decreases from 33.76% to 32.94%
  • Added: Realigare HTrust.
  • Added two columns (Price/NAV High & Low). To my REIT workshop participant, I have uploaded the excel spreadsheet to the Facebook closed group.

Singapore REIT Fundamental Analysis and Comparison Table 8-June-2014

  • In general (base on quantitative analysis and technical analysis), Singapore REIT is at fair value now and the distribution yield is attractive (but with risks). A number of REITs have started a confirmed uptrend base on trend analysis (using Technical Analysis). Buy on Dip can be a good accumulation strategy here for fundamentally strong REIT (well managed WADM & WALE, Diversified Tenant Mix, currency risk, AEI and acquisition to increase DPU, currency hedging).
  • Be extremely careful with those REITs with High Yield. High Yield does NOT mean that it is a good REIT to invest. Religare HTrust offers 9.1% yield but the risk is very high with super low gearing at 7.3%.  It looks very attractive just purely base on the numbers but we still have to do the risk assessment in detail.  I have posted my personal view and Risk Assessment in my Facebook Closed Group for my students. Ex-students who wish to join the facebook page please drop me an email marubozu@mystocksinvesting.com. State your name and your course date so that I can add you into the page.
  • Find out in  the next workshop on “How to pick Singapore REIT for Dividend Investing” to learn how to do Quantitative, Qualitative Analysis and Risk Assessment Plus Identify the Trend on Singapore REITs to apply this accumulation strategy for Singapore REIT.
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Singapore REIT Fundamental Analysis Comparison Table – 9 May 2014

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FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index changes from 731.88 to 755.37 compare to last post on Singapore REIT Fundamental Comparison Table on April 5, 2014. The index is trading above 200D SMA (moving sideway) after breaking out from a Descending Triangle. A trend reversal in making if the index find support at 200D SMA.

FTSE ST REIT Index May9-2014

 

  • Price/NAV increases from 0.9930 to 1.0022.
  • Dividend Yield decreases from  6.72% to 6.61%
  • Gearing Ratio decreases from 34.00% to 33.76%
  • Added: Mapletree Logistic Trust.

Singapore REIT Fundamental Analysis and Comparison Table 9-May-2014

  • In general (base on quantitative analysis and technical analysis), Singapore REIT is at fair value now and the distribution yield is attractive (but with risks). Most of the Singapore REITs are trading in a consolidation range but some REITs have broken the 200D SMA resistance and started the uptrend. Finding a fundamentally strong REIT with manageable risk (using Fundamental Analysis) and buy on dip on an uptrend (using Technical Analysis) should be the accumulation strategy. Take note that NOT all Singapore REITs are investable in the long term. So, it is very important to select the right REITs and find the right entry timing.
  • Find out in  the next workshop on “How to pick Singapore REIT for Dividend Investing” to learn how to do Quantitative, Qualitative Analysis and Risk Assessment Plus Identify the Trend on Singapore REITs to apply this accumulation strategy for Singapore REIT.
  • I have created a Closed Group Facebook page for Participants of my REIT workshop to share my REIT analysis files and keep an archive of analysts report. Ex-students who wish to join the facebook page please drop me an email marubozu@mystocksinvesting.com. State your name and your course date so that I can add you into the page.

 

 

 

Continue ReadingSingapore REIT Fundamental Analysis Comparison Table – 9 May 2014

Singapore REIT Fundamental Analysis Comparison Table – 5 April 2014

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FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index changes from 714.18 to 731.88 compare to last post on Singapore REIT Fundamental Comparison Table on Mar 1, 2014. The index is trading above 200D SMA (moving sideway) after breaking out from a Descending Triangle. A trend reversal in making base on technical analysis.

FTSE ST REIT Index April4-2014

  • Price/NAV increases from 0.9687 to 0.9930.
  • Dividend Yield decreases from  6.84% to 6.72%
  • Gearing Ratio maintain at 34.00%.
  • Singapore REIT NAV Gearing Distribution Yield Comparison Table 5-Apr-2014
  • In general (base on quantitative analysis and technical analysis), most Singapore REIT is slightly under value now and the distribution yield is attractive (but with risks). Most of the Singapore REITs are trading in a consolidation range but some REITs have broken the 200D SMA resistance. These REITs may start an uptrend soon if they are able to stay above the 200D SMA as support.
  • There are one key negative point to take note when investing in Singapore REITs:
    • The uncertainty in term of interest hike in near future remains high as Federal has started the QE tapering. Any hike in interest will affect the distribution income (reduction), NAV (value drops) and also the gearing ratio (increase) of the REIT. All of these will weaken the fundamental of the REIT and affect the REIT share price.
    • Singapore Interest Rate is creeping up quietly but you don’t see BIG news in the newspaper. Look at the % of increase in 2014, from 0.05% to 0.2% — 4X!

Singapore Interest Rate April4-2014

    • And look at the past high in 20 years! The interest rate can go to as high as 10% and average at about 4%. The current interest rate is chicken feet! There is one thing GUARANTEE that interest rate will SURE go up!  Everyone should be very cautious about the interest impact on your current investment and mortgage loan. It is extremely important to equip yourself with financial knowledge now before it is too late in you want to stay in this investing world. No excuse for financial ignorant because you are fully responsible on your own investment.Singapore Interest Rate April4-2014 (20 Years)
Continue ReadingSingapore REIT Fundamental Analysis Comparison Table – 5 April 2014