UOB - TA wise, bearish mode! I think she is going down to rest 27.64 again!

Chart wise,  it has not been able to breakout of the bearish trend and likely see her drifting lower to retest 27m64 than 27.13 and 27.00.

Pls dyodd.

Chart wise,  bearish mode!

Short term wise,  I think likely to go down to test 28.00 than 27.64. 

Breaking down of 27.64 we may see her drifting lower towards 27.13 than 26.98.

Please dyodd.

 TA wise, bearish mode!

I think high chance for her to breakdown 27.63 that may present a good candidate for shorting! 

Breaking down of 27.63 plus high volume she may likely go lower to test 27.13 than 26.98.

NAV 25.13. This might be a gd pivot entry point for long term horizon.  

Not a call to buy or sell!

Please dyodd. 

 Chart wise,  bearish mode!

Sold down after Ex.dividend of 0.85 on a few days ago from 29.82 to close at 28.62, it has retreated more than its dividend of 85 cents! 

Short term wise,  I think likely to go down to test 28.00 than 27.13/27.00.

Not a call to buy or sell!

Please dyodd.

Frasers L&C Tr - 2nd Half Results will be out on 2 Nov before trading commence, dividend is coming! Gearing 28.6%, Price per book below 1.

 The price has been further pressed down to 1.06-1.07

Results will be out on 2nd November before trading commence. 

This is getting even more interesting with an yield of 6.8% . Good gearing ratio of 28.6, Price per book below 1. 

Bad time create golden opportunity!

Not a call to buy or sell!

Pls dyodd.

I think is a no-brainer strategy to get at 1.15 plus yield of 6.33%, gearing of 28.6% of which has plenty room to cushion the rate hikes plus expansion.  Trading below its NAV of 1.274 which is also another plus point.

Not a call to buy or sell!

Pls dyodd.

Chart wise, bearish mode!

She is trading at the price range of 1.17 to 1.21. 

Pls dyodd. 

  

She is rising up slowly,  good sign! Likely to cross over 1.20 and rises further towards 1.24-1.28. 

Pls dyodd.

 Frasers L&C Tr  - I think good price is back! Yield of 6.2%, gearing 28.6%. 

She is being pushed down to an oversold territory! At 1.18, yearly dividend is about 7.29 cents,  yield is about 6.2% .

I think current weakness in price could be due to AUD ex.rate is weakening against SGD.

Plus higher Operations costs that is eating into the distribution income.  But with higher rental reversion hope can cover some of these operations costs.

NAV 1.276.

She is hovering at the support level of 1.17.

Next support is at 1.13.

Not a call to buy or sell!

Please dyodd.

Lendlease Reit - I think she is heading down to test 50 cents soon! Cautious mode!

 TA wise,  super bearish mode!

She has broken down the recent low of 54 cents and it is now trading at 52.5 to 53 cents looks like heading down to revisit 50 cents soon!

Cautious mode!

Not a call to buy or sell!

Please dyodd.

 Chart wise,  bearish mode!

No sign of reversal!

How far it will go lower is a guessing number! 

I think is good to stay cautious!

Please dyodd.

 Is this a value trap or golden opportunity? 

I think I am gearing more towards extra cautious mode! 

The market is weak and all waiting for Fed meeting in September whether will there be another hike or postpone till November. 

NAV 0.787. Yearly dividend is about 4.7 cents.  Yield is about 8.4%.

The current high interest rates environment is likely increase their operation costs and thereby eating into their distribution income and lower the dpu payout.

Chart wise, looks like the same scenario may play out like Ireit chart patterns. 

short term wise, it may go down to revisit 50 cents.

Please dyodd.

Quote: citi analyst - LREIT’s gearing for the 4QFY2023 ended June 30 stood at 40.6%, which is its highest level since it listed on October 2019.
“We estimate a higher look-through (including $0.4 billion [in] perpetual securities (perps) and debt at Parkway Parade Partnership’s level) gearing of 50.5%, which ranks highest among S-REITs under our coverage (average 40.1%),” Lee writes. Is good to be extra cautious!

The manager of Lendlease Global Commercial REIT (“Lendlease Global REIT”), announced today that it has successfully completed its Initial Public Offering (“IPO”) of 387,474,987 units in Lendlease Global REIT (“Units”) at S$0.88 each (“Offering Price”), in connection with the proposed listing.

IPO price at 0.88 I think likely a history! 

Those got it at IPO is still loosing money even with dividend collected.

Pls dyodd.

Tbills - Should I apply? For me is definitely a Yes! Latest Tbills 4.07% that is supported by Ah Kong surely a Great option during high interest rates environment!

 Tbills min amount to apply is $1000.

I think there is a cap limit of 1m unlike Singapore Saving Bond that has a cap to $200k.

The latest 

Auction: BS23119H 6-Month T-bill (New)

Has achieved a cut off yield of 4.07% which is very good interest rate. 

Usually, I will opt for non-competitive application as it is kind of gurantee without having to bid for your preferred interest of lets says 3.2% then you will not be able to secure for the medium cut off interest of 4.07%.

Application for non-competitive doesn't has to pay the $2 bank fee. I think same for competitive bid. 

For the next offer for Tbills you may check it out on via this web site. 

For individual investors

Check with the banks on the exact closing date for T-bills applications through the various channels.

For cash application: DBS/POSB, OCBC and UOB ATMs and internet banking portal.

For SRS application: Internet banking portal of your SRS Operator (DBS/POSB, OCBC, or UOB).

For CPFIS-OA application: You will need to submit an application via your CPFIS-OA agent banks (DBS/POSB, OCBC, or UOB). Application is restricted to your CPFIS-OA agent bank to facilitate the settlement process for SGS bonds and T-bills purchased under CPFIS-OA.

• DBS/POSB: Apply through DBS/POSB's internet banking portal.
• OCBC: Apply through OCBC’s internet banking portal or OCBC Digital application.
• UOB: Apply for SGS bonds in person at any UOB branch. Apply for T-bills through UOB’s internet banking portal.

For CPFIS-SA application: You will need to submit an application via your CPFIS bond dealers (DBS/POSB, OCBC, or UOB).

• DBS/POSB: Apply in person at any DBS/POSB branch.
• OCBC: Apply through OCBC’s internet banking portal or OCBC Digital application.
• UOB: Apply in person at any UOB branch.

CapitaLand Ascendas REIT - I think is giid time ti take a look at this Giant industrial cum DC reit that is trading at 2.71 yielding 5.79% yield, awesome!

 Chart wise,  bearish mode!

If 2.70 cannot hold,  we may see her going down to test 2.65 than 2.60.

Pls dyodd.

 After Ex.dividend a few days ago, the share price has corrected lower to close at 2.71, looks rather weak!

She will need to overcome the resistance at 2.75.

A nice breakout of 2.75 plus good volume i think she may continue to rise up further! 

Let 's monitor and see how it turns out! 

  1st Half 2023 results is out! 

NPI is up 6.7% to 508.8m. Distribution income is down 1% to 327.5m.

Dpu is down 2% to 7.719 cents. 

Advance dpu of 6.139 cents  was paid out for the PP share.

Balance 1.58 cents will be paying out thus round.

I think the results is not bad! 

Gearing 36.7%.

Occupancy rate is 94.4%.

High probability she may rise up to reclaim 2.83.

A nice breakout at 2.83 smoothly would likely see her rising up to 2.89 than 2.93.

Please dyodd.

TA wise, bullish mode!

She has managed to bounce-off from the low of 2.65 and rises up to close at 2.82 looks like BULL is in control!

Short term wise,  I think likely to rise up to reclaim 2.83 and then rise up to cover the Gap at about 2.88 with extension to 2.93-2.98.

Please dyodd.

CapitaLand Ascendas REIT (CLAR), formerly known as Ascendas Real Estate Investment Trust, is Singapore’s first and largest listed Business Space and Industrial Real Estate Investment Trust (REIT). It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002.

CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets. As at 31 December 2022, it owns 228 properties across three key segment, namely, 1) Business Space and Life Science, 2) Logistics and 3) Industrial and Data Centres. 

CLAR's multi-asset portfolio is anchored by well-located quality properties across developed markets. As at 31 December 2022, 95 properties are located in Singapore, 36 properties in Australia, 48 properties in the United States and 49 properties in the United Kingdom/Europe.

These properties host a customer base of more than 1,600 international and local companies from a wide range of industries and activities, including data centres, information technology, engineering, logistics & supply chain management, biomedical sciences, financial services (back room office support), electronics, government and other manufacturing and services industries.

CapitaLand Ascendas REIT is listed on several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. CapitaLand Ascendas REIT has an issuer rating of “A3” by Moody’s Investor Services.

CapitaLand Ascendas REIT is managed by CapitaLand Ascendas REIT Management Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asian foothold.

CapitaLand Ascendas REIT is listed on several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. CapitaLand Ascendas REIT has an issuer rating of ‘A3’ by Moody’s Investors Services. 

1) Properties located in Singapore are held directly by CapitaLand Ascendas REIT (except Galaxis which is held under a wholly owned subsidiary of CapitaLand Ascendas REIT).

Properties located in Australia are held through wholly owned subsidiaries of CapitaLand Ascendas REIT, and are managed by Ascendas Funds Management (Australia) Pty Ltd together with CapitaLand Australia Pty Ltd and third-party managing agents.

Properties located in the UK/Europe are held through wholly owned subsidiaries of CapitaLand Ascendas REIT and are managed by CapitaLand International Management (UK) Ltd together with third-party managing agents.

Properties located in the USA are held through wholly owned subsidiaries of CapitaLand Ascendas REIT and are managed by CapitaLand International (USA) LLC together with third-party managing agents.

Chart wise,she has been driven to an oversold territory! 

At 2.67, yield is about 5.9% . Estimating yearly dividend of 15.7 cents.

I think is quite a gd dividend yield to be included on my stocks portfolio. 

NAV is 2.37. Gearing below 40%.

Nibbled a bit at 2.65.

Not a call to buy or sell!

Please dyodd.

FY 2023 results: 

 

CapitaLand Integrated Commercial Trust - Wah,I think good price is back! At 1.83, yield is about 5.8% for this Blue Chips giant reit looks rather interesting!

 Wah, yesterday,  she closed at 1.83, I think good price is back! Yield is about 5.8% for this giant retail cum commercial office reit is good to take a look! 

P/B below 1.

I think boat is coming back to the dock at 1.86 

NAV 2.121.

Yearly dividend is about 10.6 cents. 

Yield is about 5.7% at 1.86 of which I think is a good pivot point!

Not a call to buy or sell!

Please dyodd.

This is one of the Biggest reit assets listed ( both office and retail mall) on Singapore Exchange.  

I have nibbled a bit at 1.87, yield is about 5.6%. 

Not a call to buy or sell!

Pls dyodd.

 I think high probability it may go down to retest 1.86 again!

At 1.86, yield is about 5.7% for this giant retail cum office reit.  

Please dyodd.

Indeed, she has broken the support at 1.90 likely to go down to test the recent low of 1.86.

At 1.86, yield is about 5.7% of which I think is quite a good yield level for this blue chips index reit counter. 

Please dyodd.

 

Chart wise,  bearish mode! 

She is hovering at the support level of 1.90, looks rather interesting!

Next support is at 1.86.

Please dyodd.

 Hosey! Results is out! NPI is up 10.1% to 552m.

Distribution income increase 1.7% to 353.2m.

Dpu increase 1.5% YOY to 5.3 cents.

Occupancy rate 96.7%.

Gearing 40.4%.

WALE of 3.6 years.

I think the results is OK!

XD 8th of August.  Pay date 15 September.

Today closed well at 2.00 high probability she will rise up to reclaim 2.03 then 2.08 with extension to 2.18.

Not a call to buy or sell!

Please dyodd.

Yesterday closed well at 1.92, let's see will she continue to rise up to reclaim 1.95 then 2.00-2.03.

Results will be out on 1st Aug 2023! 

Dividend is coming!

  Chart wise,  bearish mode!

Likely to see further weakness!

She has further weaken and closed lower at 1.86 looks like she may go further down to test the recent support at 1.82 then 1.80 with extension to 1.74.

Yield is about 5.7%  at 1.86.

NAV 2.116.

Pls dyodd.

I have added a bit at 1.91 as it has managed to bounced off from 1.89.

At 1.91, yield is about 5.55% of which I think is quite a gd yield for this giant retail cum grade A office reit.

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.