Fundamental Analysis of FIRST REIT:
- Last Price = $1.125
- NAV = $0.965
- Price / NAV = 1.165
- Price / NAV (52 Weeks High) = 1.7074
- Price / NAV (52 Weeks Low) = 1.0579
- Distribution Yield = 7.173%
- Gearing Ratio = 32.3%
Frasers Centrepoint Trust may have bottomed up. As long as FIRST REIT stay above the 200D SMA support, there is a high probability this is the start of up trend. Watch out for the potential formation of Rectangle with resistance at $1.14 and support $1.00.
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