DBS - Will I buy this counter at this moment? The answer is NO. TA wise, Bearish mode! The potential of upwards target price is 32 to 32.80 but downside is greater towards 28.00. That is more than 2 times.

  

TA wise, bearish mode!

The upwards potential is limited at 32.00 (20 days moving average) or 32.80 ( 50 days moving average).

The downside is greater if the recent low of 31.01 has been broken down and we may see her slidling down further towards 30.30 than 30.00 with extensin to 28.00.

Pls dyodd.

She is trading below 31.49 support turn resistance doesn't look good!

Likely to breakdown 31.00 and go down to 30.50 Than 30.30. 

Pls dyodd. 

Cautious mode!

She has broken down the recent low of 31.49 seem rather Negative and this bearish trend may continue to go further down to test 30.50 than 30.30/30.00.

Pls dyodd.

High probability she may test 31.49 again! Breaking down plus high volume we may see her going further down to test 30.86 than 30.30.

Pls dyodd.  

Chart wise bearish mode!

I think is good to monitor and see if see is going down to retest 31.49.

Breaking down 31.49 plus high volume would be rather Negative and we may see her going further down to test 30.86 and below.

Pls dyodd.

 Low can Go Lower!

Cheap can become even cheaper!

 I Think Don't depend too much on the dividend which might not be guaranteed!

Rate cut might be happening next year!

Chart wise, bearish mode!

High chance it may go down to test 30.86 than 30.30 and 29.90.

Pls dyodd.

Chart wise,  bearish mode!

If 32.87 cannot hold,  then we may see her going further down to test 32.00 than 31.98 with extension to 30.30.

Pls dyodd.

 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.

SingTel - One of the Singapore Iconic blue chips counter not to miss out! I think revenue has improved plus Net Income has also increased and dividend has increased for Interim of 5.2 cents , Estimating Final dividend of 6 cents ,Total 11.2 cents , Yield is about 4.78% which is much better than SGX, ST Engineering and Sembcorp Ind etc.

 Chart wise,  she has managed to reclaim 2.30 level and closed well at 2.34 , looks like Bull is in control!

A nice breakout of 2.35 smoothly we may likely see her rising up towards 2.43 and 2.50 level.

At 2.34, yield is about 4.78% I think is quite a gd yield level!

Pls dyodd.

 Chart wise, bearish mode!

She has managed to bounce-off from 2.24 to close at 2.28 looks like bargain hunters has been coming in to support! 

If she can overcome the resistance at 2.30 and crossing over with ease we may likely her rising up to test 2.34 than 2.40 and above. 

Interim dividend of 5.2 cents.

Estimating Final dividend of 6.2 - 6.5 cents.

Pls dyodd.

Venture Corporation - Wah, nice closing at 13.30 last Friday looks likw Bull is in control! She will likely continue to rise up further to test 13.54 than 14.51 and above.

 Chart wise,  bullish mode!

She has managed to stay above the 100 days MA and closed well at 13.30 looks like Bull is in control!

Short term wise,  She is likely to rise up to test 13.54 than 14.51 and 15.06.

At 13.30, yield is 5.63% for this blue chips counter which is a 

Pls dyodd. 

Yesterday,  closed well at 13.02 plus high volume Up 49 cents looks rather bullish!

I think likely to clear 13.15 and rises higher to 14 than 14.30 with extension to 16.38.

Pls dyodd.

Quote:

VENTURE Corporation said on Thursday (Nov 30) that its board of directors has established a share buyback plan to purchase up to 10 million ordinary shares of the company.

This plan was authorised by the board on Nov 29, following the approval of Venture’s shareholders of the share purchase mandate at the annual general meeting on Apr 27, the company said in a bourse filing.

Under the mandate, the company can buy up to about 14.5 million shares, which translates to 5 per cent of the total number of issued shares of the company as at the date of the mandate.

Solid! This company cash rich therefore is able to buy back share! Awesome!

Likely to see price rising up to test 13.30 soon!

I am Targeting it can reach 15 to 16 dollars.  

Pls dyodd.

21st November 2023:

 TA wise, she is gaining strength and likely rise up to reclaim 13.30.

A nice crossing over of 13.30 smoothly we may likely see her moving ip towards 14.25.

Pls dyodd. 

Chart wise,  bullish mode!

I think she may rise up to test 13.30.

A nice breakout smoothly plus high volume we may see her rising up to test 15.10 than 16.00 and 16.40.

Yearly Dividend is 0.75.

Yield is 5.88% at 12.88.

Pls dyodd. 

TA wise, bullish mode!

This morning she has manged to cross over the resistance level at 12.50 plus good volume this is rather positive!

Short term wise,  I think likely to rise up to test 13.00 than 13.30 with extension to 14.00 than 14.36.

Not a call to buy or sell!

Pls dyodd. 

The recent 3rd quarter results is within expectations. 

9 months Net Profit is down 25.2% to 203.3m.

Net cash on hands increase to 956.5m.

I think cash per share is more than 3.00.

MPAT (Mapletree PanAsia Com Tr) - She is gaining strength likely to cross over 1.43 and rises higher! Dont miss out!

 Chart wise, she is gaining momentum and likely to rise up to test 1.43.

A nice breakout smoothly plus good volume she will likely rise further higher to test 1.50 than 1.55.

NaV 1.70+. Yield is more than 6%. 

Pls dyodd.

 — gross revenue and NPI both gained 10.1% and 8.7% YOY for 2Q24

— DPU down 8.2% YOY to 2.24 cents

— portfolio occupancy 96.3%

— gearing 40.7% with 79.9% debt on fixed

— Stable financial performance: Singapore drove growth with better performance while largely stable contributions from overseas properties were weighed down by stronger SGD

— Festival Walk: Sustained revenue supported by near full occupancy, shopper and tenant sales recovery, and continued progress towards rental stabilisation

 

. 

Mapletree Pan Asia Commercial Trust (“MPACT”) is a real estate investment trust (“REIT”) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited (“SGX-ST”), it made its public market debut as Mapletree Commercial Trust on 27 April 2011 and was renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust.

Its principal investment objective is to invest on a long-term basis, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, as well as real estate-related assets, in the key gateway markets of Asia (including but not limited to Singapore, China, Hong Kong¹, Japan and South Korea).

MPACT’s portfolio comprises 18 commercial properties across five key gateway markets of Asia – five in Singapore, one in Hong Kong, two in China, nine in Japan and one in South Korea. They have a total NLA of 11.0 million square feet and valued at S$17.1 billion. 

Within Singapore, they are:

• VivoCity – Singapore’s largest mall located in the HarbourFront Precinct;
• Mapletree Business City (“MBC”) – a large-scale integrated office, business park and retail complex with Grade A building specifications, supported by ancillary retail space, located in the Alexandra Precinct;
• mTower – an established integrated development with a 40-storey office block and a three-storey retail centre, Alexandra Retail Centre (“ARC”), located in the Alexandra Precinct;
• Mapletree Anson – a 19-storey premium office building located in the Central Business District (“CBD”); and
• Bank of America HarbourFront (“BOAHF”) – A premium six-storey office building located in the HarbourFront Precinct.

Outside Singapore, they are:

• Festival Walk, Hong Kong – a landmark territorial retail mall with an office component;
• Gateway Plaza, China – a Grade A office building with a podium area in Lufthansa sub-market within Beijing;
• Sandhill Plaza, China – a Grade A business park development in Zhangjiang Science City, a key business and innovation hub in Pudong, Shanghai;
• Japan Properties – nine freehold properties comprising five office buildings in Tokyo (IXINAL Monzen-nakacho Building, Higashi-nihonbashi 1-chome Building, TS Ikebukuro Building, Omori Prime Building and Hewlett-Packard Japan Headquarters Building); an office building in Yokohama (ABAS Shin-Yokohama Building) and three office buildings in Chiba (SII Makuhari Building, Fujitsu Makuhari Building and mBAY POINT Makuhari); and
• The Pinnacle Gangnam, South Korea – a freehold Grade A office building with retail amenities located in Gangnam Business District, Seoul.

MPACT is one of the three REITs sponsored by Mapletree Investments Pte Ltd (“MIPL” or the “Sponsor”), a leading real estate development, investment, capital and property management company headquartered in Singapore.

MPACT is managed by MPACT Management Ltd. (“MPACTM” or the “Manager”), a wholly-owned subsidiary of MIPL. The Manager aims to provide unitholders of MPACT (“Unitholders”) with a relatively attractive rate of return on their investment through regular and steady distributions, and to achieve long-term stability in Distribution per Unit (“DPU”) and Net Asset Value (“NAV”) per Unit, while maintaining an appropriate capital structure for MPACT.

2022 FY Financial results:

MPACT Achieves 65.4% and 62.6% Growth in FY22/23 Gross Revenue and Net Property Income

Full-year distribution per unit (“DPU”) totalled 9.61 Singapore cents.

Boosted by contribution from properties acquired through the merger1.

Better performance of core assets, VivoCity and Mapletree Business City (“MBC”), cushioned higher utility and finance costs in FY22/23. 

Positive rental reversion recorded by all markets except Greater China.

VivoCity’s full-year tenant sales set new record at over S$1 billion, and asset enhancement initiative (“AEI”) on Level 1 on track for opening from end-May 2023.

Improvement in shopper traffic and tenant sales at Festival Walk with the lifting of COVID measures and reopening of border with Mainland China.

Successfully renewed major leases at Bank of America HarbourFront, Festival Walk, Gateway Plaza and MBC during the year, adding to portfolio resilience.

PropNex - Chart wise, Bearish mode! I think breaking down of 80 cents will be very Negative! Likely to head further south!

 PropNex - Chart wise, Bearish mode! I think breaking down of 80 cents will be very Negative! Likely to continue to head further south!

Short term wise,  I think if 80 cents cannot hold then she may slide further down towards 70 cents than 62 cents.

Pls dyodd. 

Daiwa Hse Log Tr - Will it be able to overcome the hurdle at 60 cents and rises higher to test 62.5 than 65.5. IpO price was 80 cents in 2021 26 Nov. Hopefully Yen strengthen so that dpu in SGD get boosted and she may rise back to IPO price.

 Chart wise,  bullish mode!

Let's see if she can cross over 60 cents smoothly in order rise higher towards 62.5 than 65.5 cents.

IPO was 80 cents in 26 Nov 2021.

Pls dyodd. 

 She is gaining momentum!

Likely to cross over 57 cents and rises higher towards 59-60 cents and above!

Pls dyodd.

Chart wise,  bullish mode!

Short term wise,  I think she is rising up to test 59 cents than 62.5 cents!

Yearly dividend is of about 5.2 cents.

Yield is 9.12%.

Occupancy rate 100%.

Gearing below 40%.

Dpu likely increase!

Pls dyodd. 

Finally,  we have witnessed the whole reit sector is in the green today! This is probably due to the cpi data from US which was reported better than expected at 3.2%.

Overall good news for the market!

Hopefully,  Bank can drop more than we can see opportunity coming back! 

Pls dyodd.

 Daiwa Hse Log Trust  - A rare Logistics Trust in Japanese.

I think is a gems which is quite highly under-rated with yield of more than 9%, stable dpu of 5.2 cents , gearing below 40% plus long WALE! 

I think is a gd pivot point! 

At 53.5 cents, yield is 9.7%. 

Chart wise,  it has managed to bounce-off from 50 cents and closed well at 53.5 cents looks rather bullish!

Short term wise,  I think likely to rise up to test 56 cents than 59.5 cents.

Pls dyodd. 

Daiwa Hse Log Tr - 3rd quarter results is out! 

Gross Revenue  is up 4.8%  and NPI is up 3.9%. Distribution income is up 2.2% to SGD 27m. 

100 percent occupancy,  low gearing,  I think the results is good!

Estimating yearly dpu of 5.2 cents,  yield is 10% at current price of 52 cents.

Pls dyodd.