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Saturday, September 19, 2020

IReit

 The rights issue price of 49 cents ex.Rights in 25 September 2020 likely to see further correction come next week!




Every 1000 share you are allotted 454 Rights share at 49 cents each.

The current price of 73 cents + Rights price of 49 cents, the adjusted avg price is about 65 cents.

Short term wise, I think she may go even lower before ex.Rights date .

Price may correct below 60 cents.

Not a call to buy or sell.

Pls dyodd.



Friday, September 18, 2020

Genting Sing

Chart wise, looks rather interesting!

She is trading at an attractive yield of more than 5%. NAV of 63+ cents. Looks like a pretty good accumulation point!




Short term wise, I think she may likely move up to retest 70 cents!

Breaking out smoothly plus good volume that may likely drive the price higher towards 75 cents then 80.



Not a call to buy or sell.

Pls dyodd.


Thursday, September 17, 2020

CCT

lai ah, merger deal offer! Looks like price may continue to trend higher!

 



Short term wise, I think it may likely move up to retest $1.80. Breaking out of $1.80 smoothly plus high volume that may likely drive the price higher towards $1.90 then $1.99. 

 Not a call to buy or sell. Pls dyodd.

Wednesday, September 16, 2020

Sasseur reit

Chart wise, looks rather interesting!
Likely to move up to retest 80 cents!


Short term wise, She is moving up to re-attempt 80 cents!
Breaking out of this level plus high volume that may likely drive the price higher towards 84 cents then 90 cents.


Not a call to buy or sell.
Pls dyodd.

Monday, September 14, 2020

Ocbc Bank

Lai ah, waiting for the breakout moment!
Pls dyodd.


Lai ah, chiong ah!
The local bank look lackluster all stuck in a consolidation range waiting for next catalyst to happen.

The current price of 8.68 is trAding at price per book of 0.83 looks pretty oversold!



Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.


LendLease reit

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


Short term wise, I think a nice breakout of 68.5 cents smoothly plus high volume that may likely drive the price higher towards 70 cents then 77.5 cents.


Not a call to buy or sell.
Pls dyodd.