Recent Posts - My Stocks Investing

Global Stock Market Indices PE Ratio At a Glance (12 Aug 2014)

Post author:Marubozu
Post published:August 12, 2014

Market Indices PE Ratio for Major Stock Exchange globally.

US: Dow Jones Industrial, S&P500, NASDAQ, Russell 2000
Europe: FTSE100, CAC40, DAX
Asia: KLCI, STI, HangSeng, ASX200, CSI 300, JCI, SET, KOPSI, NIKKEI 225, SENSEX, TWSE, NZX50, PSEi

Average PE ratio decreases from 24.29 to 22.91. Current uptrend still intact although recent drop for Dow Jones Industrial, S&P500 and NASDAQ. P/B Ratio increase from 2.13 to 2.18. Watch the uptrend support very closely. There maybe a trend reversal if the uptrend support is broken for all these 3 indices.

The risk of Russell 2000 and NASDAQ are getting higher due to high PE and PB.

July 2014 Month Global PE Ratio.

See the compilation of Monthly Global Stock Market here.

PE = Price Per Earning
PB = Price To Book Value
Want to Learn More about how to value the stock market using PE Ratio or PB Ratio? Check out the Fundamental Analysis Class here.

IREIT GLOBAL IPO Prospectus

Post author:Marubozu
Post published:August 9, 2014

INTRODUCTION TO IREIT GLOBAL
IREIT is a Singapore real estate investment trust (“REIT”) established with the investment strategy of principally investing, directly or indirectly, in a portfolio of income-producing real estate in Europe which is used primarily for office purposes, as well as real estate-related assets. With an initial portfolio of four properties in Germany (the “IPO Portfolio”), IREIT is expected to have an initial primary focus on Germany and the United Kingdom.

IPO Price = S$0.88
NAV = S$0.78
Price / NAV = 1.128 –> IPO price is 12.8% Premium to the NAV. (Page 38 of IREIT Global IPO Prospectus)
Projected DPU Yield = 7.6% (2014), 8% (2015) (Page 14 of IREIT Global IPO Prospectus)
Total Number of Units Issued = 419,337,000 (Page 38 of IREIT Global IPO Prospectus)
Total Debt = Euro 95,019,000 (Page 38 of Balance Sheet of IREIT Global IPO Prospectus)
Total Asset = Euro 290,796,000 (Page 38 of Balance Sheet of IREIT Global IPO Prospectus)
Gearing Ratio = 32.67%
WALE = 7.6 Years
Occupancy Rate = 100%
Distribution Policy = At least 90% of Annual Distributable Income on Semi Annual Basis. (Page 33)

..

IREIT Portfolio

..

See other Singapore REIT Comparison Table here.

Singapore REIT Fundamental Analysis Comparison Table – 7 Aug 2014

Post author:Marubozu
Post published:August 7, 2014

FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index changes from 766.91 to 764.31 compare to last post on Singapore REIT Fundamental Comparison Table on July 10, 2014. The index is trading above 200D SMA but consolidating within a range between 760 and 780, a Rectangle consolidation pattern. Watch closely these two support and resistances level to see whether there is a change in trend. Pay special attention if the 760 support is broken.

Price/NAV decreases slightly from 1.0386 to 1.03.
Dividend Yield increases from 6.42% to 6.55%.
Gearing Ratio increases from 32.94% to 33.17%
Frasers Hospitality Trust (FHT) traded on the Singapore Stock Exchange on July 14, 2014.
Added CapitalR China Trust.

I receive many questions on REITs and I can’t answer all of them in the emails. You may get questions answered in the the next workshop on “How to pick Singapore REIT for Dividend Investing” . I will also share how to analyse the overall trend for Singapore REITs using simple Trend Analysis.