NikkoAM-STC Asia REIT - Having this counter is like investing in most of the famous reit like MIT, CAR, MPAT, KDC, CICT, LiNK Nice yield of about 5.7% at 86.5 cents. Quarterly dividend, nice!

Chart wise bullish mode!

A nice V shape recovery! 

She is goung ex.dividend on 2nd Jan 2024 for 1.17 cents. This might present an opportunity to buy on dip or further weakness. 

Pls dyodd. 

 Wah, nice closing at 82 cents!

I think high chance she may rise up to test 84 cents Than 88.5 cents!

Pls dyodd.

9th December 2023:

 Chart wise,  bullish mode!

I think likely to clear 82 cents and rises higher to test 84-84.5 cents.  

A nice breakout smoothly will likely see her rising up to test 90 cents. 

Pls dyodd. 

 I think she is slowly gaining momentum and likely to rise up further as US interest rate has peaked and paused and this is generally positive for reit and equity! 

I think high probability of rising up to test 84 cents than 90 cents.

Pls dyodd.

Nibbled a bit at 0.801. Nice yield of more than 6%!

Chart wise, she is slowly recovering from the low of 0.73+ looks rather positive!

Pls dyodd.

NikkoAM-STC Asia REIT ETF (CFA.SI) - She is yielding 6.49% at 0.801, Quarterly dividend, I think is a good yield level to take note! 

It covers most of the index reit like CapitaLand Integrated Commercial Trust,  CapitaLand Ascendas REIT,  Mapletree Ind Tr,  Mapletree Logistics Trust,  Frasers L&C Tr etc.

Chart wise, it has managed to bounce-off from the low of 73.6 cents and closed well at 0.802, looks rather bullish!

If this bullish momentum continue we may likely see her rising up further towards 90 cents and above. 

Not a call to buy or sell!

Please dyodd.

Update : Daiwa Hse Log Tr - New Acquisition in Vietnam for 498 b approximately SGD 28m, dpu accretive of 1.9% mainly funded by borrowing! I think is a good expansion into Vietnam.

  Update  : Daiwa Hse Log Tr  - New Acquisition in Vietnam for 498 b approximately SGD 28m, dpu accretive of 1.9% mainly funded by borrowing! I think is a good expansion into Vietnam.  

The estimated dpu may increase from 5.22 cents to 5.319 cents.

Yield is about 8.12% at 65.5 cents.

Gearing increase from 36.2 to 38.2%.

Long WALE of 6.9 year.

Pls dyodd. 

Daiwa Hse Log  - She is moving up slowly and looking quite good to hit 65.5 cents. A nice breakout would likely see her rising up towards 71 cents!

Indeed,  she has managed to reclaim 62.5 cents,  fantastic!

Last Friday closed well at 64.5 cents looks rather positive and she may likely rise up towards 71 cents!

Pls dyodd.

Finally,  she is back to 62 cents. 

Chart wise, shw is gaining momentum and likely continue to rise higher to reclaim 62.5 than 65.5 with extension to 71 cents. 

Pls dyodd. 

Chart wise,  bullish mode!

Let's see if she can cross over 60 cents smoothly in order rise higher towards 62.5 than 65.5 cents.

IPO was 80 cents in 26 Nov 2021.

Pls dyodd. 

 She is gaining momentum!

Likely to cross over 57 cents and rises higher towards 59-60 cents and above!

Pls dyodd.

Chart wise,  bullish mode!

Short term wise,  I think she is rising up to test 59 cents than 62.5 cents!

Yearly dividend is of about 5.2 cents.

Yield is 9.12%.

Occupancy rate 100%.

Gearing below 40%.

Dpu likely increase!

Pls dyodd. 

Finally,  we have witnessed the whole reit sector is in the green today! This is probably due to the cpi data from US which was reported better than expected at 3.2%.

Overall good news for the market!

Hopefully,  Bank can drop more than we can see opportunity coming back! 

Pls dyodd.

 Daiwa Hse Log Trust  - A rare Logistics Trust in Japanese.

I think is a gems which is quite highly under-rated with yield of more than 9%, stable dpu of 5.2 cents , gearing below 40% plus long WALE! 

I think is a gd pivot point! 

At 53.5 cents, yield is 9.7%. 

Chart wise,  it has managed to bounce-off from 50 cents and closed well at 53.5 cents looks rather bullish!

Short term wise,  I think likely to rise up to test 56 cents than 59.5 cents.

Pls dyodd. 

Daiwa Hse Log Tr - 3rd quarter results is out! 

Gross Revenue  is up 4.8%  and NPI is up 3.9%. Distribution income is up 2.2% to SGD 27m. 

100 percent occupancy,  low gearing,  I think the results is good!

Estimating yearly dpu of 5.2 cents,  yield is 10% at current price of 52 cents.

Pls dyodd. 

Daiwa Hse Log - She is moving up slowly and looking quite good to hit 65.5 cents. A nice breakout would likely see her rising up towards 71 cents!

 Daiwa Hse Log  - She is moving up slowly and looking quite good to hit 65.5 cents. A nice breakout would likely see her rising up towards 71 cents!

Indeed,  she has managed to reclaim 62.5 cents,  fantastic!

Last Friday closed well at 64.5 cents looks rather positive and she may likely rise up towards 71 cents!

Pls dyodd.

Finally,  she is back to 62 cents. 

Chart wise, shw is gaining momentum and likely continue to rise higher to reclaim 62.5 than 65.5 with extension to 71 cents. 

Pls dyodd. 

Chart wise,  bullish mode!

Let's see if she can cross over 60 cents smoothly in order rise higher towards 62.5 than 65.5 cents.

IPO was 80 cents in 26 Nov 2021.

Pls dyodd. 

 She is gaining momentum!

Likely to cross over 57 cents and rises higher towards 59-60 cents and above!

Pls dyodd.

Chart wise,  bullish mode!

Short term wise,  I think she is rising up to test 59 cents than 62.5 cents!

Yearly dividend is of about 5.2 cents.

Yield is 9.12%.

Occupancy rate 100%.

Gearing below 40%.

Dpu likely increase!

Pls dyodd. 

Finally,  we have witnessed the whole reit sector is in the green today! This is probably due to the cpi data from US which was reported better than expected at 3.2%.

Overall good news for the market!

Hopefully,  Bank can drop more than we can see opportunity coming back! 

Pls dyodd.

 Daiwa Hse Log Trust  - A rare Logistics Trust in Japanese.

I think is a gems which is quite highly under-rated with yield of more than 9%, stable dpu of 5.2 cents , gearing below 40% plus long WALE! 

I think is a gd pivot point! 

At 53.5 cents, yield is 9.7%. 

Chart wise,  it has managed to bounce-off from 50 cents and closed well at 53.5 cents looks rather bullish!

Short term wise,  I think likely to rise up to test 56 cents than 59.5 cents.

Pls dyodd. 

Daiwa Hse Log Tr - 3rd quarter results is out! 

Gross Revenue  is up 4.8%  and NPI is up 3.9%. Distribution income is up 2.2% to SGD 27m. 

100 percent occupancy,  low gearing,  I think the results is good!

Estimating yearly dpu of 5.2 cents,  yield is 10% at current price of 52 cents.

Pls dyodd. 

CapLand IntCom Tr - Nice breakout of 2.02 this morning, pathing the way for her to rise upbtobtest 2.09 ! Do take note!

Chart wise,  bullish mode!

Nice Breakout of 2.02 this morning! Likely to see her rising up to revisit 2.09! 

Pls dyodd .

 Quote: 

Temasek's Fullerton acquires 795,700 units in CICT at $1.9019 each.

Looks like they are seeing price trading at an attractive price level.

Likely to rise up to test 2.09 than 2.16.

Pls dyodd.

CapLand IntCom Tr - Fantastic! She has managed to cross over 1.91 smoothly and closed well at 2.01, this bullish momentum may likely continue to rise higher towards 2.09-2.10.

Huat ah!

Pls dyodd.

Hosey! She is going to Gap up and run away! 

Likely to cross over 1.91 smoothly and rises up towards 2.00 than 2.07.

Pls dyodd.

Fed Holds Rates Steady, Indicates Three Cuts Coming in 2024

The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.

The Dow Jones industrial average hit its first record closing high since January 2022 and the S&P 500 and Nasdaq rallied more than 1% each on Wednesday after the Federal Reserve signaled that its interest rate-hiking policy is at an end and that it sees lower borrowing costs in 2024.

 When will she be able to overcome the resistance at 1.90! A nice breakout smoothly plus high volume would likely see her rising up to 1.95-1.97 than 2.07.

Pls dyodd. 

Looks like she may cross over the resistance at 1.90 any moment! 

Pathing way foe 1.95 than 2.00 with extension to 2.09.

Pls dyodd.

  Chart wise,  bullish mode!

Short term wise,  she may likely rise up to test 1.90 Tyan 1.95 with extension to 2.07-2.09.

Not a call to buy or sell!

Please dyodd.

It seems like it is having a temporary rebound as the volume is still low not so convincing!

Pls dyodd. 

At 1.69, yield is about 6.27% of which I think is quite a gd yield for this giant retail cum grade A office reit.

NAV 2.12.

3rd quarter Results update will be out on 26th October. 

Not a call to buy or sell!

Pls dyodd. 

CapitaLand Integrated Commercial Trust (CICT or the Trust) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.5 billion as at 31 December 2022. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust (CCT).

 Looking at the FY 2022 results the NPI is up 9.7% and achieved an increased of DPU from 10.40 to 10.58 cents. It looks like the rental income is improving!

The First Quarter 2023 update is as follow:

The NPI is up 11.3% to 276.3m and occupancy rate % has improved from 95.8 to 96.2.

The gearing is slightly from 40.90 to 40.40%.

The Average WALE is 3.7 years.

The Top 10 tenants are RC Hotels (Pte) Ltd, WeWork Singapore, GIC Private Limited, NTUC Enterprise Co-Operative Ltd & Temasek Holdings etc.

Total Property value is about 24.2 billion of which is the Biggest reit counter listed on the Local Singapore Exchange.

NAV is about 2.116.

Yearly dividend of about 10.58, Yield is about 5.6%(based on current price of 1.89).

I think gd pivot entry point is back!

Please dyodd.