Manulife pre-markets Singapore Reit IPO

  • Post author:

Manulife US REIT Singapore IPO

Manulife US REIT IPO news

  • Type = Commercial (Office)
  • Sponsor = Manulife (9.5% stake)
  • Market Capitalization = $490 Million
  • Portfolio = 3 Grade A Commercial Property @ Washington DC (19% NAV), Los Angeles (38% NAV ) and Irvine (43% NAV)
  • Price / NAV = between 1.1 to 1.2
  • Distribution Yield = 5.5% to 5.9%
  • WALE = 5.1 Years
  • Occupancy Rate = 97.7%
  • Top 10 Tenants = 58% of income
  • Gearing Ratio = 37.6%
  • WADB = 10.3 Years
  • Cost of Capital = 3.75%
  • Plan Listing: July 15, 2015

Is it a good REIT to subscribe? Is the yield attractive with the IPO share price? How to analyse the fundamental of this Manulife US REIT to see whether it is a good long term investment? What are the risks? Check out the coming Singapore REIT Public Workshop here.

 

 

Continue ReadingManulife pre-markets Singapore Reit IPO

Singapore Exchange (SGX): Testing 200D SMA Support

  • Post author:

Singapore Exchange (SGX) has dropped about 11% since the May 2015 high of $8.80. Base on current chart pattern, SGX has broken the uptrend support and currently testing 200D SMA support at about $7.75.  Current uptrend support has now turned to resistance. Keep a close eye on the current support level ($7.84 and $7.75) to see whether there is a change in trend for SGX. It is good opportunity to short sell SGX if these supports are broken because SGX will enter into bearish territory and starts down trend.

2015June16-SGX

Original post from My Stocks Investing Journey.

Continue ReadingSingapore Exchange (SGX): Testing 200D SMA Support

Capitaland: Bearish Down Trend!

  • Post author:

Capitaland broke down from a Head and Shoulder and also broke the 200D SMA support. Capitaland is currently trading in a down trend channel. Expect more down side base on current chart pattern. Price target for this Head and Shoulder breakdown is $3.15.

2015June15-Capitaland-800x600

Learn how to Short Singapore Stocks when the chart is showing down trend here. An important technique to learn when the stock market crashes or trade in a bearish market.

Continue ReadingCapitaland: Bearish Down Trend!