CapLand IntCom Tr - She is going to report her results cum dividend in Feb 2024 , nice ! Don't miss out!

 CapLand IntCom Tr  -  She is going to report her results cum dividend in Feb 2024 , nice ! Don't miss out!

Locked in profit at 2.07.

Today , re-enterd at 1.97. 

Estimating Yearly dividend of 10.55 cents. Yield is about 5.36% at 1.97. 

Pls dyodd. 

28 December 2023:

Chart wise,  bullish mode!

Nice Breakout of 2.02 this morning! Likely to see her rising up to revisit 2.09! 

Pls dyodd .

 Quote: 

Temasek's Fullerton acquires 795,700 units in CICT at $1.9019 each.

Looks like they are seeing price trading at an attractive price level.

Likely to rise up to test 2.09 than 2.16.

Pls dyodd.

CapLand IntCom Tr - Fantastic! She has managed to cross over 1.91 smoothly and closed well at 2.01, this bullish momentum may likely continue to rise higher towards 2.09-2.10.

Huat ah!

Pls dyodd.

Hosey! She is going to Gap up and run away! 

Likely to cross over 1.91 smoothly and rises up towards 2.00 than 2.07.

Pls dyodd.

Fed Holds Rates Steady, Indicates Three Cuts Coming in 2024

The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.

The Dow Jones industrial average hit its first record closing high since January 2022 and the S&P 500 and Nasdaq rallied more than 1% each on Wednesday after the Federal Reserve signaled that its interest rate-hiking policy is at an end and that it sees lower borrowing costs in 2024.

 When will she be able to overcome the resistance at 1.90! A nice breakout smoothly plus high volume would likely see her rising up to 1.95-1.97 than 2.07.

Pls dyodd. 

Looks like she may cross over the resistance at 1.90 any moment! 

Pathing way foe 1.95 than 2.00 with extension to 2.09.

Pls dyodd.

  Chart wise,  bullish mode!

Short term wise,  she may likely rise up to test 1.90 Tyan 1.95 with extension to 2.07-2.09.

Not a call to buy or sell!

Please dyodd.

It seems like it is having a temporary rebound as the volume is still low not so convincing!

Pls dyodd. 

At 1.69, yield is about 6.27% of which I think is quite a gd yield for this giant retail cum grade A office reit.

NAV 2.12.

3rd quarter Results update will be out on 26th October. 

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.

DBS - She is due to report her results on 7th Feb! It might be the last 1 or 2 quarters to book a nice profit! After that, net income may turn lower! Trading at premium price , NAV 21.85. Current price 32.85 of which I think has limited upwards movement but downside possibility is greater! Please dyodd.

 Chart wise, neutral mode! 

You can see many overheads resistance ahead! I think the upwards movement is limited but downside is huge! 

NAV 21.85. P/B 1.5x is above the average historical price.

If you are looking to consider this counter at the current price level,  do take note! 

Pls dyodd.

 21 December 2023( Update) : DBS Bank - Chart wise,  bearish mode! I think needs patience to wait for the price patterns to stabilize and reverse before taking action to consider this counter due to nice quarterly dividend of 48 cents. While there is No guarantee that the dividend will stay at the current payout amount as it may get adjusted depending on the company earnings! Dont take for granted! Cautious mode! 

High probability she may go down to test 31.00 again! Breaking down of this level plus high volume we may likely see her drifting lower towards 30.30 than 30.00 and extension to 29 and below.

Pls dyodd.

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.

Great Eastern - She is looking great fir a nice breakout at 18.00 and rises higher towards 18.28 than 18.80!Final dividend of about 55 cents for FY RESULT in Feb,Huat ah!

Great Eastern  - She is looking great fir a nice breakout at 18.00 and rises higher towards 18.28 than 18.80!Final dividend of about 55 cents for FY RESULT in Feb,Huat ah!

Beyond that, she may likely retest the recent high of 19.25.

Pls dyodd.

 Chart wise,  bullish mode!

If she is able to reclaim 18.00 smoothly we may likely see her rising up to test 18.50 than 19.18.

Pls dyodd.

Yield is about 5.08% at 17.73.

Pls dyodd.

Founded in 1908, Great Eastern is the most established life insurance group in Singapore and Malaysia. With over S$100 billion in assets and more than 15 million policyholders, including 12 million from government schemes, we provide insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm, Great Eastern Financial Advisers.

The Group also operates in Indonesia and Brunei and has a presence in China as well as a representative office in Myanmar.

Great Eastern is a subsidiary of OCBC Bank, established in Singapore since 1932. Our asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.

The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies.

Your trusted partner in general and group insurance

The Group's general insurance business is underwritten by its wholly-owned subsidiary, Great Eastern General Insurance Limited (GEG), formerly known as the Overseas Assurance Corporation Limited (OAC) founded in 1920.

Great Eastern General Insurance Limited (GEG) offers a wide range of commercial and personal line products and distributes its products through bancassurance, agents, brokers, financial advisors and direct channels.

GEG strives to make it easy for customers and intermediaries by providing them with responsive support, innovative products, fast claims and hassle-free enrolment. Our comprehensive suite of insurance solutions include Auto, Home, Travel, Personal Accident, Maid for retail customers and Small and Medium Business package and various Property and Casualty insurance for businesses.

Great Eastern is also one of Singapore’s top 3 insurers in the Group Insurance market and we provide insurance coverage for close to half a million employees and their families through our group insurance schemes.

With more than 40 years of experience in the Group Insurance and a subsidiary of OCBC Bank (the longest established Singapore bank, formed in 1932), our products are well received and trusted by HR professionals in the region with its financial strength and stability.
 

A leader in bancassurance

Great Eastern became the first insurer to establish a bancassurance network in Singapore in an exclusive partnership with OCBC Bank in 1992. Since then, we have strengthened our partnership and continue to be a market leader in bancassurance as we develop new growth opportunities in this area, to deliver our quality solutions and customer service with convenience to OCBC customers.
 

Great Eastern properties

Properties are an important part of the Great Eastern Life Assurance Co. Ltd, portfolio. We offer a selection of residential, commercial and retail units available for lease throughout Singapore.

Venture - She is likely rising up to test 14.00 than 14.23 after taking a short break! Yield is about 5m5 percent at 13.63 seem quite good! Do take note!

 Lai ah, she is rising up nicely to test 14.00 Than 14.23. I think Bull is in control ! Beyond that, we may see her revisiting 15.00 !

Pls dyodd.

 Update: VENTURE  - Nice Breakout at 13.51 this morning,  I think she is soaring higher towards 14.23. Next,  she may rise up to test 15.25. Please take note!

Pls dyodd. 

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.

Update: NikkoAM-STC Asia REIT - Having this counter is like investing in most of the famous reit like MIT, CAR, MPAT, KDC, CICT, LiNK Nice yield of about 5.9% at 83.8 cents. Quarterly dividend, nice!

  Update: NikkoAM-STC Asia REIT - Having this counter is like investing in most of the famous reit like MIT, CAR, MPAT, KDC, CICT, LiNK Nice yield of about 5.9% at 83.8 cents. Quarterly dividend,  nice! 

Chart wise bullish mode!

A nice V shape recovery! 

She is goung ex.dividend on 2nd Jan 2024 for 1.17 cents. This might present an opportunity to buy on dip or further weakness. 

Pls dyodd. 

 Wah, nice closing at 82 cents!

I think high chance she may rise up to test 84 cents Than 88.5 cents!

Pls dyodd.

9th December 2023:

 Chart wise,  bullish mode!

I think likely to clear 82 cents and rises higher to test 84-84.5 cents.  

A nice breakout smoothly will likely see her rising up to test 90 cents. 

Pls dyodd. 

 I think she is slowly gaining momentum and likely to rise up further as US interest rate has peaked and paused and this is generally positive for reit and equity! 

I think high probability of rising up to test 84 cents than 90 cents.

Pls dyodd.

Nibbled a bit at 0.801. Nice yield of more than 6%!

Chart wise, she is slowly recovering from the low of 0.73+ looks rather positive!

Pls dyodd.

NikkoAM-STC Asia REIT ETF (CFA.SI) - She is yielding 6.49% at 0.801, Quarterly dividend, I think is a good yield level to take note! 

It covers most of the index reit like CapitaLand Integrated Commercial Trust,  CapitaLand Ascendas REIT,  Mapletree Ind Tr,  Mapletree Logistics Trust,  Frasers L&C Tr etc.

Chart wise, it has managed to bounce-off from the low of 73.6 cents and closed well at 0.802, looks rather bullish!

If this bullish momentum continue we may likely see her rising up further towards 90 cents and above. 

Not a call to buy or sell!

Please dyodd.