First Reit

I think Dividend yield is only relevant if the Dividend is safe .


It is worth reviewing the financial condition and ability of these vonpacompto support their dividend payouts .

Last Friday close below the psychological level of 1.00 at 99 cents may likely see further selling down pressure.


Short term wise, likely to challenge the support at 98 then 94 cents again !

Pls dyodd.



1st March 2019 Chart wise , looks bearish!
Today we had witnessed a wide Bearish reversal bar , likely to continue to trend lower !
Coupled with high volume this is Rather negative.

Short term wise it may go down to retest 1.01 level . Breaking down of 1.01 may see it slide further down towards 98 then 95 cents .


NAV 1.023.
Quarterly DPU 2.15 cents.
Yearly dividend of 8.6 cents .
Yield of 8+%.


Not a call to buy or sell.


Pls dyodd.