Singapore REIT Fundamental Analysis Comparison Table – 7 Sept 2014

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FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index changes from 764.31 to 775.28 compare to last post on Singapore REIT Fundamental Comparison Table on Aug 7, 2014. The index is trading above  200D SMA  and still consolidating within a range between 760 and 780, a Rectangle consolidation pattern. Watch closely these two support and resistances level to see whether there is a change in trend (if 760 support is broken) or continuation of the uptrend (if 780 resistance is broken).

FTSE ST REIT Index Sept6-2014

  • Price/NAV increases from 1.03 to 1.045 (slightly over value now)
  • Dividend Yield decreases from 6.55% to 6.46%.
  • Gearing Ratio increases from 33.17% to 33.42%
  • IREIT Global  traded on the Singapore Stock Exchange on Aug 13, 2014. (Opened $0.88 and closed at $0.895)
  • Added IREIT Global.

Singapore-REIT-Fundamental-Analysis-and-Comparison-Table-5-Sep-2014

 

Singapore Interest Rate

Singapore Interest Rate Sept7-2014

Singapore 3 Months SIBOR

Singapore SIBOR 3 Months Sept7-2014

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Under Watchlist

  1. CapitaCom Trust
  2. First REIT
  3. Fraser Centrepoint Trust
  4. Fortune REIT
  5. Lippo Mall Trust
  6. Starhill Global

2014Sept7-CapitaComm-800x6002014Sept7-FirstREIT-800x600Frasers Centrepoint Trust Sept 7-20142014Sept7-Fortune Reit HK$-800x600LMIR sept7-2-142014Sept7-Starhill Gbl-800x600

 

One of the key criteria for my watch list is the Gearing Ratio due to my low risk appetite. I do not like to have heart attack because I want my invested capital to be protected and prevent me from suffering a big drop due to right placement. In addition, a sudden hike in interest will have a knee jerk effect on the REIT with high gearing ratio.

If you want to find out how to make use of Gearing Ratio to protect your invested capital, how to invest safely in Singapore REIT to generate passive income, how the interest rate can affect your REIT investment, you can check out the a very pragmatic and educational public seminar here “Investing in Singapore REIT“.

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Singapore REIT Bubble Chart: Value Selection & Risk Avoidance

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Bubble chart derived from Aug 7 Singapore REITs Fundamental Comparison Table.

These Bubble Charts are used to show the “relative” position compare to other Singapore REITs.

Two visual bubble charts to pick and avoid:

  1. Undervalue Singapore REITs with High Distribution Yield (Value Pick)
  2. Overvalue Singapore REITs with High Gearing Ratio (Risk Avoidance)

See last Singapore REIT Bubble Charts here to see the relative movement.

Singapore REIT Bubble Chart (Value) Aug6-2014 Singapore REIT Bubble Chart (Risk) Aug6-2014

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Singapore REIT Fundamental Analysis Comparison Table – 7 Aug 2014

  • Post author:

FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index changes from 766.91 to 764.31 compare to last post on Singapore REIT Fundamental Comparison Table on July 10, 2014. The index is trading above  200D SMA  but consolidating within a range between 760 and 780, a Rectangle consolidation pattern. Watch closely these two support and resistances level to see whether there is a change in trend. Pay special attention if the 760 support is broken.

FTSE ST REIT Index Aug7-2014

  • Price/NAV decreases slightly from 1.0386 to 1.03.
  • Dividend Yield increases from 6.42% to 6.55%.
  • Gearing Ratio increases from 32.94% to 33.17%
  • Frasers Hospitality Trust (FHT)  traded on the Singapore Stock Exchange on July 14, 2014.
  • Added CapitalR China Trust.

Singapore-REIT-Fundamental-Analysis-and-Comparison-Table-6-Aug-2014

 

 

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