Fortune REIT: Under Watchlist

Post author:Marubozu
Post published:May 23, 2014

Fundamental Analysis of Fortune REIT:

Last Price = HKD$6.67
NAV = HKD$10.24
Price / NAV = 0.6513
Price / NAV (52 Weeks High) = 0.832
Price / NAV (52 Weeks Low) = 0.5663
Distribution Yield = 5.38%
Gearing Ratio = 32.9%
Occupancy Rate = 99.3%
Base on Mar 31 Presentation.

Technically Fortune REIT has started an uptrend after breaking out from a Falling Wedge and trade above the 200D SMA. 20D and 50D SMA are trending up.

Compare with other Singapore REITs, Fortune REIT is traded at the huge discount (35% to NAV). However the yield is not very attractive. There are better options with Value Pick and Risks Avoidance Singapore REITs, in terms of distribution yield and gearing ratio at the current price.

If you want to invest in Singapore REIT to generate passive income and totally confused with my analysis, you may want to check out about my Singapore REIT Investing public workshop here. It is better and safer to invest in the knowledge first before throwing the money into stock market by selecting the wrong REIT and investing in the wrong time.

Frasers Centrepoint Trust: On Up Trend

Post author:Marubozu
Post published:May 22, 2014

Frasers Centrepoint Trust looks good and currently on the uptrend.

Price / NAV = 1.05 @ Price = $1.87. Yield at 5.84%.

Price/NAV is still at the lower range of 52 weeks high and low.

See previous analysis of Frasers Centrepoint Trust here.

FIRST REIT: On Up Trend

Post author:Marubozu
Post published:May 22, 2014

FIRST REIT is currently trading on up trend (Above all 3 Moving Averages and Trending up). So far 20D SMA has been providing a good support. So far $1.20 is the resistance after failing to break for past 2 times –> Mini Double Tops.

Price / NAV = 1.2256 @ Price = $1.18 with 6.3% Yield.

Note: FIRST REIT is not under value but still in the lower range of Price/NAV.

See previous analysis on FIRST REIT.