Parkway Life REIT: Good for Passive Income Investing?

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Parkway Life REIT Logo

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 Distribution Growth History Nov7-2015Parkway Life REIT Japan Portfolio Nov7-2015 Parkway Life REIT Japan1 Portfolio Nov7-2015 Parkway Life REIT Malaysia Portfolio Nov7-2015 Parkway Life REIT Singapore Portfolio Nov7-2015Parkway Life REIT WADM Nov7-2015

 

 

Parkway Life REIT Technical Analysis & Stock Chart

PLife REIT Nov7-2015

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/

Continue Reading Parkway Life REIT: Good for Passive Income Investing?

Is It A Good Time to Buy Singapore REIT Now?

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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.

FTSE ST REIT Index July22-2013

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)

2013Jul22-CapitaMall-800x600

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

2013Jul22-Ascendasreit-800x600

CapitaComm (S$4.2B, S$1.465)

2013Jul22-CapitaComm-800x600

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

2013Jul22 SuntecReit-800x600

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

Keppel REIT July22-2013

MapletreeCom (S$2.53B, S$1.225)

Mapletreecom REIT

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

PLife REIT Jul22-2013

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.

Continue Reading Is It A Good Time to Buy Singapore REIT Now?