Singapore Undervalued REIT: CapitaComm & Starhill Global – Right Time to Entry?
Although some undervalue REIT have identified in Singapore Undervalued REIT Comparison, not all of them are at the right time to entry.
CapitaComm
- Last Done Price: $1.135
- NAV: $1.5381
- Price / NAV: 0.7379
- Dividend Yield: 6.876%
- Gearing Ratio: 27.4%
Base on the chart, CapitComm looks like reaching a good entry level.
Starhill Global
- Last Done Price: $0.595
- NAV: $0.9343
- Price / NAV: 0.6368
- Dividend Yield: 6.555%
- Gearing Ratio: 30.10%
Base on current chart, an attractive entry level is near the 61.8% Fibonacci Support.
The above CapitaComm and Starhill Global are Under CPF Investment Scheme (CPFIS).
DISCLAIMER:
This is my OWN Analysis. This is NOT a recommendation to buy or sell CapitaComm and Starhill Global REITs. The above analysis is time sensitive. REITS is NOT suitable for investors who use Buy and Hold + Close Eyes strategy (My personal opinion) because all the financial numbers (inclusive BIG changes in stock price) will change if the REIT Managers issue Rights, consolidate stock units, getting additional term loan from banks, etc.