First REIT: Up Trend Support Broken!

  • Post author:

First REIT uptrend has ended after the support trend line is broken. First REIT is trading below 20D and 50D SMA. The next support is at $0.975 followed by $0.925.

First REIT Fundamental Analysis

  • Last Done Price = $1.02
  • NAV = $0.7893
  • Price / NAV = 1.2923
  • DPU = $0.06955
  • DPU Yield = 6.819%
  • Gearing Ratio = 15.9%
  • Market Cap = $645.296 M

Summary:

  • Fundamentally & Technically the current level is not the right level to enter. First REIT has very good fundamental in terms on the stability of the distribution income, WALE (Weighted Average of Lease Expiry), gearing ratio and type of properties (hospital). The plan is to wait for First REIT to drop below the NAV and wait for the correction to finish.
  • As First REIT is currently going through a correction base on chart and fundamentally the stock price is over value base on NAV, profit taking is a better option.

Other Singapore REIT Fundamental Comparison Table

 

Disclaimer: This is only a personal analysis. This is not buy or sell recommendation and I hold no responsibility in anyone profit or loss for trading or investing this stock.

 

 

Continue ReadingFirst REIT: Up Trend Support Broken!

Can You Spot Undervalue Singapore REIT for Dividend Investing?

  • Post author:

Update from previous post on Singapore under-value REITs comparison.

To my WAIIC team member, we can review this list for detail analysis in the coming March meeting.

A few things to review:

  • Lease Expiration
  • Debt Refinancing
  • Occupancy Rate
  • Sustainability of the Rental Income
  • Technical Chart Analysis (Trend)

 

 

 

 

Continue ReadingCan You Spot Undervalue Singapore REIT for Dividend Investing?

First REIT & Fortune REIT Fundamental and Chart Analysis

  • Post author:

Follow up from Singapore Undervalued REITs Comparison.

First REIT

  • Last Done Price: $0.795
  • NAV: $0.7773
  • Price / NAV: 1.0288
  • Dividend Yield: 8.254%
  • Gearing Ratio: 16.4%

First REIT is on a nice uptrend with fair value + good dividend yield + low gearing. I will give it a pass now and wait for First REIT to go undervalue. Target locked on!

 

 

Fortune REIT HK$

  • Last Done Price: $3.69
  • NAV: $7.5042
  • Price / NAV: 0.4917
  • Dividend Yield: 6.56%
  • Gearing Ratio: 18.1%

Base on the chart, Fortune REIT appears trading on the down trend as the 200D MA is sloping down. The stock seems that has failed to break the 200D MA resistance and bounced down. Fortune REIT is undervalue, low gearing with good dividend. Target locked on! Wait for the bearish trend disappear and reverse to uptrend.

Continue ReadingFirst REIT & Fortune REIT Fundamental and Chart Analysis