PLife REIT - My Stocks Investing

Parkway Life REIT: Good for Passive Income Investing?

Post author:Marubozu
Post published:November 8, 2015

Parkway Life REIT 3Q 2015 Investor Presentation on Nov 5, 2015

Last Done Price = $2.31
Market Cap = $1.398 B
NAV = $1.66
Price / NAV = 1.375 (37.5% Premium)
Price / NAV (High) = 1.77
Price / NAV (Low) = 1.33
Distribution Yield (includes Divestment Gain) = 5.818%
Gearing Ratio = 35.8%
WADM = 3.7 Years
WALE = 9.39 Years

Singapore REITs Fundamental Analysis Comparison Table

Parkway Life REIT Technical Analysis & Stock Chart

Parkway Life REIT is currently moving side way with limited upside potential base on the valuation (already 37.5% overvalue) and distribution yield below 6%. The yield is lower after fully payout of the divestment gain in next quarter.

FIRST REIT is another healthcare REIT to compare with Parkway Life REIT. Do you Due Diligence to compare the Fundamental of both healthcare REIT for Passive Income Investing. Healthcare REIT is defensive in nature and should be included into retail investors’ portfolio as the distribution income is more sustainable and predictable. However, it is important to know the entry price and entry timing otherwise we will lose out our initial invested capital.

Check out Singapore REIT Course here on how analyse the fundamental and dividend sustainability of Singapore Healthcare REIT. https://mystocksinvesting.com/course/singapore-reits-investing/

Is It A Good Time to Buy Singapore REIT Now?

Post author:Marubozu
Post published:July 22, 2013

Singapore REIT has been beaten down badly for about 15% from the recent peak. See below chart of FTSE ST-REIT Index. The index is currently trading below 200D SMA (about 800) and the 200D SMA is trading flat.

So, are the Singapore REITs cheap now? Is it the right time to pick up some REITs with high distribution yield? I am not going to tell you the answer because I am not the certified analyst and brokers and unable to make any Buy or Sell recommendation. I am going to put up all the facts and charts here for reference to give me an overview of current situation for my investing decision making.

See Singapore REIT comparison tables for Fundamental Analysis. In general, most of Singapore REITs are still over value. Let’s look at the charts of some Singapore REITs with large market capitalization.

CapitaMall (S$7.02B, S$2.03)

Ascendas REIT (S$5.52B, S$2.30)

CapitaComm (S$4.2B, S$1.465)

Suntec REIT (S$3.54B, S$1.57)

Keppel REIT (S$3.49B, S$1.30)

MapletreeCom (S$2.53B, S$1.225)

PLife REIT (S$1.47B, S$2.43)

In Summary base on the above charts, clearly the REITs are NOT trading in an uptrend. Some of them have broken 200D SMA and the charts are technically bearish. This means that the REIT prices can go even lower despite the current distribution yield looks attractive.

Check out How to Combine Fundamental & Technical Analysis to analyse Singapore REIT here.