CapitaComm - My Stocks Investing

Capita Commercial Trust on Up Trend: Time to Buy More?

Post author:Marubozu
Post published:February 14, 2015

Last trading price = $1.77
Distribution Yield = 4.77%
Current Price / NAV = 1.0121
Price / NAV (High) =1.068
Price / NAV (Low) = 0.8064
Check past Fundamental Analysis for Capital Commercial Trust here.
Check other Fundamental Comparison for Singapore REIT here.

Technically Capita Commercial current stock price still on up trend but close to all time high.

Fundamentally (base on valuation and distribution yield) & Technically upside potential is very limite for Capita Commercial Trust.

Singapore REIT Fundamental Analysis Comparison Table – 7 Sept 2014

Post author:Marubozu
Post published:September 7, 2014

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).

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 Interest Rate

Singapore 3 Months SIBOR

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Under Watchlist

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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Capita Commercial Trust: Under Watchlist

Post author:Marubozu
Post published:June 20, 2014

Fundamental Analysis of Capita Commercial Trust:

Last Price = $1.665
NAV = $1.6743
Price / NAV = 0.9986
Price / NAV (52 Weeks High) = 1.0506
Price / NAV (52 Weeks Low) = 0.8210
Distribution Yield = 4.836%
Gearing Ratio = 30%
Occupancy Rate = 98.7%
WADM = 3.7 Years
WALE = 7.9 Years
Base on Capita Commercial Trust April 14 Presentation.

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Technically Capita Commercial Trust is on the up trend. However, the stock price is getting near to the 3 years high of $1.745.

Compare with other Singapore REITs, Capita Commercial Trust is trading at its fair value with gearing of 30% and Price / NAV is getting near to the high side. Furthermore, the yield of 4.836% does not appear attractive to me as there are other REITs which can offer a better DPU yield. Combining both Fundamental & Technical Analysis, the current price for Capita Commercial Trust is not attractive to me at all. Keep in View.

I will be covering the above analysis method in my Singapore REIT Investing public workshop, I strongly suggest you to sign up and understand how to do a proper analysis (Fundamental Analysis, Risk Assessment, Technical Analysis) on the REIT before throwing the money into stock market by selecting the wrong REIT and investing in the wrong time. Investors should NEVER just look at the Distribution Yield for investment decision for REIT. High Yield REIT does NOT mean that it is a good REIT. Vice versa, low DPU Yield REIT does not mean that it is a bad investment. There is another aspect of Risk Assessment in order to have a well covered analysis.

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