CurrencyShares Euro ETF (FXE) Trend Reversal

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FXE has broken out from a Symmetrical Triangle and reversed to the uptrend. Wait for pull back to long.

Learn to trade Symmetrical Triangle breakout pattern.

FXE April30-2015

Check out what is FXE here.

http://www.etf.com/FXE

 

FXE Fund Description

The CurrencyShares Euro Trust tracks the changes in value of the euro relative to the US dollar.

FXE ETF.com Insight

FXE is an investor favorite among those who want to access the euro. For 40 bps, the fund holds physical euros in a deposit account. The simple strategy has attracted big assets, but“FXE is an investor favorite among those who want to access the euro”it’s not without its kinks. For one, the fund’s deposits are uninsured, leaving investors exposed to the default risk of the fund’s depository, JPMorgan. Secondly, all distributions and share sales of FXE are taxed as ordinary income, rather than the friendlier qualified dividend and long-term capital gains rates. Still, FXE is among the most liquid currency ETFs. Overall, FXE does an excellent job of providing exposure to the euro, and over the past year, it’s been a solid option for investors betting on the euro rebound. (Insight updated 06/24/2013)

Continue ReadingCurrencyShares Euro ETF (FXE) Trend Reversal

Singapore REIT Fundamental Analysis Comparison Table – 1 May 2015

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FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index decreases from 812.05 to 802.45 compare to last post on Singapore REIT Fundamental Comparison Table on April 3, 2015. The index is continuing the uptrend and supported by the 200D SMA. However do take note that the index is trading below 20D and 50D SMA at the moment. Immediate resistance at about 825. Double Tops chart pattern in formation which is a trend reversal pattern.

FTSE ST REIT Index May1-2015

  • Price/NAV decreases from 1.07 to 1.056.  (Singapore REIT in general slightly overvalue)
  • Distribution Yield decreases from 6.49% to 6.46%.
  • Gearing Ratio reduces from 33.82% to 33.71%
  • Most overvalue REIT is Parkway Life (Price/NAV = 1.458), followed by FIRST REIT (Price/NAV = 1.422). Both Healthcare REIT, Defensive in nature.
  • Most undervalue REIT is Fortune REIT (Price/NAV = 0.663), followed by Saizen REIT (Price/NAV = 0.791). Both are having overseas properties and exposed to currency exchange risk.
  • Higher Distribution Yield is VIVA Industrial Trust (9.14%) followed by Croesus Retail Trust (8.78%). Note: High Distribution Yield does not mean it is safe REIT for investment. Don’t invest purely base on the Yield % because it is wrong thing to do without knowing the reasons.
  • Highest Gearing Ratio is Croesus Retail Trust (50.9%) followed by VIVI Industrial Trust (43.4%)

Singapore-REIT-Fundamental-Analysis-and-Comparison-Table-1-May-2015

Singapore Interest Rate May1-2015 SIBOR May1-2015

  • Singapore Interest Rate no change at 0.34%.
  • 1 month decreases from 0.88116%  to 0.76525% 
  • 3 month decreases from 1.01959% to 0.89095%
  • 6 month decreases from 1.07680%  to 0.97018%
  • 12 month decreases from 1.16689% to 1.07621%

Singapore Interest Rate and SIBOR continue to rise and on uptrend (forming a Higher High, Higher Low pattern). Not a good sign for REIT which have high gearing ratio because there may be increase in borrowing cost depends on the debt expiry profile. Besides REIT, It is also time to seriously evaluate your current mortgage loan and work on Refinance Plan before the mortgage loan interest shot up even further.

Grab an insight of the REIT class here 3 Tips To Increasing Returns On REITs Investments

Check out the very pragmatic and educational public seminar here “Investing in Singapore REIT“.

Continue ReadingSingapore REIT Fundamental Analysis Comparison Table – 1 May 2015

SIA Engineering: Wait for Breakout

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SIA Engineering is currently trading in a Symmetrical Triangle consolidation chart pattern. Watch for the direction of the breakout to see whether SIA Engineering continues with its down trend or reverse the trend.

SIA Engineering April25-2015

Original post by Marubozu My Stocks Investing Journey

Current P/E Ratio (ttm) 22.6242
Estimated P/E(03/2015) 24.5029
Relative P/E vs. FSSTI 1.6020
Earnings Per Share (SGD) (ttm) 0.1852
Est. EPS (SGD) (03/2015) 0.1710
Est. PEG Ratio –
Market Cap (M SGD) 4,699.10
Shares Outstanding (M) 1,121.50
30 Day Average Volume 560,540
Price/Book (mrq) 3.7140
Price/Sale (ttm) 4.0573
Dividend Indicated Gross Yield 4.53%
Cash Dividend (SGD) 0.0600
Dividend Ex-Date 11/13/2014
5 Year Dividend Growth 8.45%
Next Earnings Announcement 05/05/2015
Continue ReadingSIA Engineering: Wait for Breakout