First reit

This healthcare reit counter has been punished with a fall of the price from 1.28 to a low of 94 cents .
NAV of 1.023.
DPU quarterly of 2.15 cents, yearly 8.6 cents , Yield 8.7%.
Their NPI seems healthy and Dpu is being paid out below its NPI level .
It seems to me that the market has over-reacted!


The current agreement with LK , I think is valid till 2021. Unless there is news about the revision of this contract agreement, I think Dpu may not be affected for now till 2021.

Is always good to be cautious!

I think hospital demand will only be increasing year after years.


As an investor you have to do our own analysis.

TA wise, looks like is on a consolation mode .
Boringer band is getting tighter .
CCI is about to rise up.

A breakout of 1.01 with ease plus good volume that may drive the price higher towards 1.04 then 1.09 with extensions to 1.05 level .

Not a call to buy or sell.

Pls Dyodd.