Mapletree Log Tr - I think good price is back! Yesterday queue at 1.63 to nibble a bit but it went higher!

 I shall wait for 1.63 to re-enter again after letting go at 1.74. 

The support is at 1.61 - 1.63 , let's see if it come back again! 

At 1.63, yield is about 5.55%.

Not a call to buy or sell!

Please dyodd.

 Closed at 1.64 after went ex.dividend looks like gd price is back!

At 1.64 , yield is about 5.5% which is quite a gd yield level for this blue chips index reit. 

Chart wise,  A nice pivot point is at 1.60 - 1.63.

Not a call to buy or sell!

Please dyodd.

 XD 1st August,  2.037 cents dividend.  

Price is down 3 cents to 1.70.

I think profit taking before going Xd.

Heng  ah, I have locked in kopi money this morning at 1.74.

Pls dyodd.

 Distribution income increased 3.1% to 112m.

Dpu increased 0.1% to 2.271 cents.

Occupancy rate 97.1%.

4.1 % rental reversions.

I think the results is not bad at least dpu is still up a little bit.

 

The power of CD! 

She is gaining strength and likely rise up to reclaim 1.75.

 Indeed, she has managed to reclaim 1.67 and rises higher to touch 1.71 looks rather bullish!

Likely to rise up further to test 1.75 and above.

Please dyodd.

Mapletree Logistics Trust (“MLT”) is Singapore’s first Asia-focused logistics real estate investment trust. Listed on the Singapore Exchange Securities Trading Limited in 2005, MLT invests in a diversified portfolio of quality, well-located, income producing logistics real estate in Singapore, Hong Kong SAR, Japan, China, Australia, South Korea, Malaysia, Vietnam and India.

The Manager, Mapletree Logistics Trust Management Ltd., is committed to providing Unitholders with competitive

total returns through the following strategies:

1. optimising organic growth and hence, property yield from the existing portfolio; 
2. making yield accretive acquisitions of good quality logistics properties; and
3. managing capital to maintain MLT’s strong balance sheet and provide financial flexibility for growth.

Recent acquisition of 6 logistics assets in Japan and a logistics assets in Korea.  

Portfolio Overview

Our properties, built to modern building specifications, are strategically located near to major expressways and established logistics clusters in nine geographic markets across Asia Pacific.

The Manager, Mapletree Logistics Trust Management Ltd., is committed to providing Unitholders with competitive total returns through the following strategies:

1. optimising organic growth and hence, property yield from the existing portfolio; 
2. making yield accretive acquisitions of good quality logistics properties; and
3. managing capital to maintain MLT’s strong balance sheet and provide financial flexibility for growth.

Our Vision

To be the preferred real estate partner of choice to customers requiring high quality logistics and distribution spaces in Asia-Pacific. 

Our Mission

To provide Unitholders with competitive total returns through regular distributions and growth in asset value. 

As a REIT established in Singapore, MLT is constituted by the Trust Deed. A copy of the Trust Deed can be inspected at the registered office of the Manager,which is located at 10 Pasir Panjang Road, #13-01 Mapletree Business City, Singapore 117438, subject to prior appointment.

 TA wise, she is still quite weak! 

Need to reclaim 1.67 in order to reverse this

 downtrend and rises higher!

Yearly dpu of 9 cents, yield is 5.5% of which I think is quite good! 

Gearing is below 40%. Market cap is about 8.225b. 

Please dyodd.

She is rising up to test 1.67 soon. Now trading at 1.65 to 1.66 as of 12th July 1.12pm. Awesome! 

CapitaLand Ascott - PP and PO at 1.025, XDcum XR 10 August at 29 per 1000 share

 It seems that the market doesn't in favor of this Private placement and Preferential Offering for the acquisition of new assets plus AEI.

The price has fallen off from 1.12 to touch 1.01 today.

It has fallen off 9.8% versus 1.8% dpu accretive. 

The acquisition is merely 1.8% dpu accretive. 

The current price of 1.01 is cheaper than the PO price at 1.025.

So, I think it make no sense to take up the PO offering. 

After XD on Thursday,  may be 0.99-1.00 is coming back! 

Please dyodd.

Daiwa Hse Log Tr - XD 11 August, Nice Yield of 8.42%

 Total NPI in JPY is up if not because of Stronger SGD dpu would be even higher.

I think the results is good as comparing with most of the reit were reporting lower NPI and lower dpu.

Yield of 8.42% is very good. NAV is 0.734.

Pls dyodd.

 I think is a nice set of financial numbers!

NPI is up 5.2% YOY to 23.12m.

Dpu is up 0.4% from 2.6 cents to 2.61 cents.

Occupancy rate is 98.6%.

Achieve 100% Occupancy rate as at 31 July.

Gearing is of 35.7%.

Wale of 6.6 years.

Awesome. 

XD 11 Aug. Pay date 26 Sept.

 Estimating dpu of 2.61- 2.65 cents.

A nice breakout of 62 cents would likely see her testing 65.5-67 cents. Don't miss out!

Pls dyodd.

Results will be out on 3rd August 2023 AM, dividend is coming!

Chart wise, likely to retest 0.62 again!

A nice crossing over would likely push the price higher towards 0.655.

Pls dyodd.

 Some snacks from Japan:

Hokkaido Cheese biscuits.

Milk chocolate biscuits.

Various types of snacks. 

Strawberry cake.

Butter cookies.

Rice cookies.

Custard cookies.

 Lai ah, jiak! Nom Nom!

Steam boat.

Chart wise, closed well at 0.62, looks rather bullish!

Likely to rise up to test 0.65.

Pls dyodd.

She is hovering near the 0.61 price level looks rather positive and may likely cross over smoothly! 

Next, we can see her rising up to test 0.645-0.655.

Pls add dyodd.

 

 Wah, breakout of 0.60 , awesome!

Short term wise, I think she is rising up to test 0.65 then 0.70-0.71.

Huat ah! Please dyodd.

 Chart wise,  bullish mode!

A nice breaking out of 0.595 plus high volume she may likely rise up to test 0.65. 

Yearly dividend of 5.22 cents.  Yield is 8.8%. Low gearing,  wale is 6.9 years. I think it is trading at a great value price level of 0.59.

Not a call to buy or sell!

Pls dyodd.

 Daiwa House Logistics Trust (DHLT) is a Singapore real estate investment trust (REIT) listed on the Singapore Exchange Securities Trading Limited (SGX-ST). The REIT is established with the investment strategy of principally investing, directly or indirectly, in a portfolio of income-producing logistics and industrial real estate assets located across Asia. DHLT’s investment focus will be to invest in logistics and industrial real estate assets in Asia, in particular, within Japan as well as in the ASEAN region.

DHLT’s key objectives are to provide Unitholders with regular and stable distributions, and to achieve long-term growth in DPU and net asset value per Unit, while maintaining an optimal capital structure and strengthening the portfolio in scale and quality.

DHLT is managed by Daiwa House Asset Management Asia Pte. Ltd., a wholly-owned subsidiary of the Sponsor, Daiwa House Industry Co., Ltd., a leading real estate player in Japan.

Occupancy % rate of 98.6. Gearing 36.2%. Wale 6.9 years. First quarter Distributable Income increased 2.5% to 9.1m. 

Yearly dividend of 5.22 cents( half yearly basis ) . Yield is 9% base on current price of 0.58.

NAV of 0.77 . 

It looks like a gem for this Logistics reit focusing in Japan of which was being sold down due to high interest rate situation. 

I think gd value is presenting at the current price level!

Pls dyodd.

DBS - XD 11th Aug, looks like we may see the last push before going XD!

I think price is holding up well and may retest 34.55 due to dividend of 0.48.

Please dyodd.

Impressive set of financial numbers for 2nd quarter 2023.

Net profit increase 48% to a record earnings of 2.69b as total net income crosses 5b.

Declared interim dividend of 0 48. Versus 0.42 last quarter. Awesome. 

XD 11 August.  Pay date 24 August.

EPS increase 4.02% from 2.80 to 4.15.

NAV also increase 21% from 20.78 to 21.85.

Fantastic! I think price may gap up !

Hopefully,  it may stay above 34.00 with this stellar sets of financial results!

Please dyodd.

Riverstone - 1st Half results is out, seems quite comparable with 1st quarter results, declared dividend of 5 cents (RM)per share

 I think the results is almost the same as 1st quarter results achieving eps of 3.16 cents. 

 Total Revenue of 224.2m is lowered than 1st quarter of 238m. But gross profit margin improved to 28.9% from 26% (1st quarter) helps to boost the net profit of 3 4% to 61.9m

The company declared 5 cents (RM) representing a payout ratio of 79%.

Comparing to last year, the dividend was down 50% of 10 cents. 

Let's see how she fares tomorrow!

Please dyodd.

 Wah, nice breakout of 62.5 cents plus close well at 63.5 cents looks rather bullish! 

Likely to rise up further towards 0.655-0.67.

Huat ah! 

Please dyodd.

 Riverstone Resources is established in year 1989, and still growing in our industry. With a history spanning close to 30 years, Riverstone has accumulated a huge network of stakeholders and expertise in our making. Being one of the leading manufacturers of cleanroom and medical industry, we manufacture top of the line healthcare gloves, nitrile gloves, finger cots, face masks, packaging bags etc. We are where we are today for the full supports from most valued customers and dedications from our staffs. Riverstone today is synonymous with premium quality and protection.

We are driven by innovation. Our passion to deliver premium quality healthcare solutions is recognized by many companies. Our products are widely qualified, and used in the Hard Disk Drive (HDD), semiconductor and healthcare industries in Malaysia. On top of the achievements, Riverstone exports more than 85% of our products to key high technology countries around Asia, Europe and the American region.

Riverstone has been growing extensively, for the amazing recognition for our products around the world. To cope with growing demands, we have increased our capacity by setting up a new manufacturing plant in Thailand in year 2001, and another one in Wu Xi China in year 2004. Later in year 2010, we built a new plant in Taiping, equipped with only state of the art manufacturing facility to keep our promises for premium quality.

The Riverstone website comprehensively provides up to date information, and our products. Browse through our website to better understand us, as we hope to bring only the best for all healthcare professionals.

First quarter results is not bad! Slight improvement as compared to last quarter (4/2022). 

Chart Wise, she is rising up to test 61.5 cents. 

A nice breakout smoothly would likely rise up to test 64-66.5 cents.

Pls dyodd. 

Frencken - Chart wise, bearish mode!

TA wise,  bearish mode!

Short term wise, if she is not able to stay above 0.82 then high probability she may go down to test 0.76 to 0.785.

Please dyodd.

Is she out of the danger zone, I doubt so!

Seem like a classical throwing back reaction after a series of selling down.

She may go down to retest 0.895 ! Breaking down of 0.895 plus high volume she may continue to slide down further to 0.80 then 0.76.

Pls dyodd.

 TA wise,  bearish mode!

Likely to continue to go lower!

Short term wise,  likely to go down to test 0.96. Breaking down of 0.96 may see her going further down to test 0.9/0.915. Next, she may slide down to 0.80 then 0.76.

Pls dyodd.