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Friday, January 8, 2021

Suntec Reit

 Result will be out on 26th Jan 2021 before trading commence, hopefully a slight increase in dividend payout that would likely give a boost to drive the price higher!




It is still stuck in a consolidation mode. A nice breakout of $1.57 would likely take it higher toward $1.65 & above!

Pls dyodd.



DBS

 The champion among the local bank counter! Nice breakout yesterday plus followed through today coupled with high volume is rather positive!




Likely to continue to trend higher!

Short term wise, I think likely to retest $28.00 then $28.40.



Not a call to buy or sell.

Pls dyodd.


Sunday, January 3, 2021

Ascendas Reit

 AR has grown its total Assets portfolio from 13.8billion( 30 Sept 2020) to about 14.92billion with the additional acquisitions .



1. Two Office Properties in San Francisco for S$768.0 million (10 November 2020).

2. Acquisition of 1-5 Thomas Holt Drive, Macquarie Park, Sydney, Australia for S$284.0 million (11 December 2020).

3. Acquisition of new logistics property at 500 Green Road, Crestmead, Brisbane, Australia (23 December 2020).

The DPU is about 14.8 cents annually. The yield is about 4.97% base on current price of $2.98 per share. Looks pretty decent for a Giant Industrial reit with Good Management, Strong Sponsor under Capitaland, Gearing of 34.9%. 

Dividend payout is half yearly basis.

Dividend yield of about 5% is definitely much better than bank interest rate or other fixed income product. Stable and constantly growing company.


Chart wise, it is still stucked in a consolidation mode patterns.




A nice breakout of $3.05 coupled with high volume that may likely propel the price higher towards $3.25 and above.



Not a call to buy or sell.

Pls dyodd.


Friday, January 1, 2021

Mapletree Log trust

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think likely to retest $2.03 level.

A nice breakout coupled with high volume that may likely drive the price higher towards $2.11 with extension to $2.21 level.

January is the reporting seasons for Reits and the power of dividend may attract buying interest.


Not a call to buy or sell.

Pls dyodd.


Thursday, December 31, 2020

Alibaba

 


Indeed it has a nice bounced off from the recent low of $207 but the volume seem rather low. I think is Good to wait for market clarity!




Pls dyodd.


Chart wise, free falling.

The selling down seems rather fierce, looks like it may retest $207.



Need a technical rebound from the current price level. If not, next it may likely go down to test $180 upon breaking down of $197 with extension to $168..




Monday, December 28, 2020

BaBa SW

 Chart wise, free falling.

The selling down seems rather fierce, looks like it may retest $207.




Need a technical rebound from the current price level of not, next it may likely go down to test $180 upon breaking down of $197 with extension to $168..