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Thursday, May 7, 2020

CMT

Looks like high chance it may retest $1.90 again!



Breaking out of $1.90 plus good volume that may likely drive the price higher towards $2.00 soon!


Pls dyodd.

Chart wise, looks like a reversal play mode!


Short term wise, I think likely to move up to test $1.80 again!
Breaking out plus high volume that may likely retest $1.90 level.


Pls dyodd.

Looks like current price of $1.68 is getting interesting again!


Trading at P/B of 0.8.
NAV $2.10
Yield of 6.54% base on dividend of 11 cents, seem quite attractive!


Last Friday looks like closing with a hammer candlestick chart pattern and hopefully we can see a rebound from here!


A nice breakout of $1.84 coupled with high volume that may likely drive the price higher towards $1.90 then $2.00 .


Not a call to buy or sell.
Pls dyodd.




Wednesday, May 6, 2020

HRNet Group

Chart wise,looks bullish! Dividend of 2.8 cents is coming! XD 14/5 & pay date 22/5. Dividend yield of 5.38% looks attractive!


The current price of 52 cents is staying above its SMA lines plus MACD are trending up in orderly manner likely to see further upwards movements!


 Short term wise, I think a nice breakout of the recent high of 54 cents plus good volume that may likely drive the price higher towards 60 cents then 65 cents.


Not a call to buy or sell. Pls dyodd.

Monday, May 4, 2020

LendLease

Wow! Nice set of financial results!
NPI is up 3.6% to $16.595m. DPU is up 1.9% to 1.28 cents.


NAV 82.1 cents.
IPO 88 cents.

Italy Sky is 100% occupancy!
I think undervalued is appealing!


Price likely to re-attempt the recent high of 63.5 cents. Breaking out smoothly plus high volume that may drive the price towards 70 then 80 cents.


Pls dyodd.



As at 31 March 2020, the portfolio has maintained a high committed occupancy of 99.8%, and a
long WALE of 9.9 years3 by NLA and 4.9 years by GRI. Majority of the leases expiring FY2020 by
NLA have been renewed. Approximately 80%3
 of its leases by NLA will only expire in 2024 and
beyond. 313@somerset registered positive rental reversion of 0.6% for the YTD ended 31 March
2020.

Sky Complex, LREIT’s property in Milan, is fully occupied by a single tenant and operates on a
triple-net lease structure. The tenant has activated its business continuity plan in March. With a
long lease term until 20323
 and annual rental escalation based on 75% of ISTAT consumer price
index variation4
, Sky Complex is projected to provide stable income stream to the portfolio.

Sunday, May 3, 2020

SATS

Chart wise, we had witnessed a nice breakout last Friday coupled with high volume this is rather positive!


The current price of $3.28 is staying above it SMA lines + MACD is rising up nicely likely to see further upwards movement fron here.

Short term wise, I think it may likely  move up to retest $3.40 .
Breaking out of $3.40 plus high volume that may likely drive the price higher towards $3.50 then $3.60 with extension to $3.80 level.


Not a call to buy or sell.
Pls dyodd,


Wednesday, April 29, 2020

Sasseur Reit

Chart wise, looks bullish!
Likely to continue to trend higher!

The current price of 72.5 cents is staying above its SMA lines & RSI is still rising up nicely high chance it may likely continue to rise furhter!



Short term wise, I think a nice breakout of 73 cents plus good volume that may likely drive the price higher towards 76 then 80 with extension to 84 cents.


Pls dyodd.


Chongqing and Bishan outlet malls were reopened on 15 March 2020. Sasseur REIT resumes full operations with the reopening of all four outlet malls.Kunming outlet mall was reopened on 11 Mar 2020 and Hefei outlet mall was reopened on 13th Mar 2020.

All outlet malls are back in operations. Looks like we may see 1-2 quarters of disruption of their rental income/ dpu distribution .



NAV of 89 cents.
Not sure what would be the impact for First quarter dpu( Jan - Mar) and Second quarter dpu( April - June). Last year total DPU of 6.53 cents that would translate a dividend yield of 10.5 % based on current price of 62 cents. Given the fact that the 4 outlet malls were close in Jan, DPU for First quarter 2020 would be badly affected. We may see nil or zero DPU for first quarter. 2nd quarter DPu may be much lower as compared to last year .. Same for 3rd and 4th quarter. Estimated yearly DPU for 2020 might be 3 cents that would translate to a dividend yield of 4.13% based on current price of 72.5 cents.

Not a call to buy or sell.

LendLease

Chart wise, looks bullish!
Likely to continue to trend higher!


Short term wise, I think a nice breakout at 61 cents plus good volume that may likely retest the recent high of 64 cents.


Crossing over 64 cents with ease plus high volume that may likely drive the price higher towards 68 then 70 cents.

Pls dyodd.

Chart wise, we have witnessed the drastic selling down taken place from 90 cents to touch the low of 44 cents, more than 50% being wipe off since the IPO offered price of 88 cents in Oct 2019, seems extremely oversold!


The price action has warranted a rebound and recovered from 44 cents to close higher at 61 cents, looks quite positive.

NAV 82.1 cents.
Dividend is about 5 cents.
Yield is 8.19%

Short term wise, I think a nice breakout of 63.5 cents plus high volume that may likely drive the price higher towards 68 cents then 70 cents with extension to 78 cents.


Not a call to buy or sell.
Pls dyodd.

The recent announcement dated 9th April 2020:
Sky Italia, which leases 100% of Sky Complex, has to-date made all its rental payments in a timely manner as per its lease and it contributes 33.9% of LREIT’s net property income1 . Sky Italia is wholly owned by Comcast Corporation, the world’s largest broadcasting and cable television company by revenue2 rated A3 with a stable outlook by Moody’s Investors Service, Inc.


To ensure financial stability and cashflow sustainability, LREIT adopts a prudent and disciplined approach towards capital management. As at 31 December 2019, LREIT had a gearing ratio of 34.9% and a cash balance of S$88.5 million. Its weighted average running cost of debt was 0.86% per annum with an interest coverage ratio at 10.8 times. LREIT’s borrowings are 100% hedged with no debt maturities until its financial year ending 30 June 2023. Its weighted average debt maturity was 3.6 years

The Covid-19 pandemic has worsened globally, including in Singapore. Given the various measures introduced by the Singapore government, there will be an impact on 313@somerset’s contribution to LREIT’s distributable income from April 2020 onwards as compared against the profit and distribution forecast set out in LREIT’s IPO prospectus.
quote :https://links.sgx.com/FileOpen/Lendlease%20-%20Update%20on%20the%20Impact%20of%20the%20Covid-19%20Outbreak%20-%209%20April%202020.ashx?App=Announcement&FileID=605955