FCT : Frasers Cpt Tr - Acquisition of 24.5% of Nex to increase their investment to 50 percent, Solid! Private placement at 2.18 per share,I think PO is coming!
To acquire additional 24.5% effective interest in NEX for S$523.1 million
— Raises FCT’s effective interest in NEX to 50.0% from 25.5% currently
— Acquisition is expected to be DPU accretive on a pro forma historical basis
Advance DPU of 4.25 cents.
Xd 1st February.
I think PO is coming.
Nice acquisition! Huat ah!
Pls dyodd.
CapitaLand Ascendas REIT - Today closed well at 2.97, up 7 cents seems like big boys are supporting! If it can reclaim 3.00 with ease then likely to rise up to test 3.05 again!
Pls dyodd.
CapitaLand Ascendas REIT - I think boat is back! At 2.89, yield is about 5.4 percent seem like a good pivot point! Results is due on 1st February, dividend is coming!
Pls dyodd.
CapitaLand Ascendas REIT - Awesome! She has managed to recover from 2.86 and closed well at 2.97, looks like Bull is in control! Likely to test 3.00 than 3.05 and beyond! Dont miss out!
Yield is about 5.25% at 2.97 for this Giant Industrial cum Data Centres reit.
Please dyodd.
CapitaLand Ascendas REIT - She has managed to clear the resistance at 2.99, looks rather positive and may likely continue to rise up to test 3.18 ! Do take note!
Wow! Yesterday, she was Up 15 cents to close well at 2.99.
Short term wise, I think likely to retest 3.03. A nice breakout smoothly plus good volume we may see her rising up towards 3.10 than 3.18.
Pls dyodd.
CapitaLand Ascendas REIT - Wow! Bullish mode! 2.86 once cleared likely to rise up to test 3.01 to 3.03! Dont miss out!
Pls dyodd.
Chart wise, bullish mode!
Yesterday the price was up 5 cents and closed well at 2.84 looks rather positive!
Short term wise I think she may rise up to reclaim 2.86. A nice breakout smoothly may likely see her rising up further towards 3.00-3.01.
Pls dyodd.
This Giant industrial cum Data Centres reit has rebounded quite well from below 2.70 to close well at 2.80 , looks like Bull is in control!
This bullish momentum may likely drive the price higher to test 2.86 than 3.01.
Please dyodd.
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:
Great Eastern - She is pulling back for those that are waiting sideline to board! Healthy profit taking!
She is back to 17.93. I think
17.80 might be a good pivot point.
Results will be out on 26th February 2024. Dividend is coming!
Pls 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!
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.
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.
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.
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 - Chart wise bullish mode! She is looking great to rise up to reclaim 13.98/14. Do take note!
A nice breakout of 14.00 plus good volume would likely see her rising up towards 14.23 than 15.00.
Pls dyodd.
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.
Prime USD Reit (OXMU.SI) - I think she may rise up to test 23 cents again after taking this breather! Do take note!
A nice breakout of 23 cents plus good volume we may likely see her rising up to revisit 26.5 cents than 28 and 30 cents!
Pls dyodd.
Chart wise, bullish mode!
Prime USD Reit (OXMU.SI) - Wow! Looks like something is brewing! She has managed to recover from 12.8 cents to touch 18.5 cents seem like Buying interest is back with Full force, The Bull is back!
A nice breakout of 20.5 cents woukd likely tise up towards 23 than 25 and 30 cents.
Pls dyodd.
Nice breakout at 16.6 cents!
Trading at 18.2 cents plus good volume looks like Buying interest is back!
I think rising up tobtest 20.5 cents soon!
Pls dyodd.
Prime USD Reit ( ) - I think the worst is over for the US reit counter as we witnessing the bullish candlesticks appearing on the chart gearing towards a reversal trend! As US CPI came in at 3.2% much better than market expectations of 3.3% looks like rate hike may pause for December and this is rather positive for reit! Do take note!
TA wise, bullish mode!
Short term wise, I think likely to rise up to test 16.6 cents than 18 and 20.5 cents with extension to 26 cents.
Please dyodd.
Chart wise, bullish mode!
I think she may rise up to test 16.6 cents .
A nice breakout of 16.6 cents plus good volume i think likely to see her rising up further to tesr 18.8 cents , 20.5 cents than 26 cents.
Pls dyodd.
Chart wise, she has managed to bounce-off from the low of 0.087 cents and closed well with 2 bullish candlesticks at 0.113 looks rather interesting!
As reflected on the chart, the 2 bullish candlesticks accompanied with high volume looks rather positive as this signify Fund are flowing into this counter!
Short term wise, I think this bullish momentum will continue and likely push the price higher towards 0.14 than 0.166 , 0.188 and 0.255.
NAV is about 0.70.
Yearly dividend is about 4.9 USD cents.
Yield is a whopping 44% at current price of 0.113.
Please take note 3rd quarter results update on 7th November 2023.
I think golden opportunity is here!
Not a call to buy or sell!
Pls dyodd.
Keppel DC Reit - She is reporting her Financial results on 26th January, all eyes will be waiting for clarity in regards to the rental default and future plan for the China DC rental space! Cautious mode! I think safer to wait for the announcement before taking any action!
Last Friday, indeed she has gone down to test 1.77 and closed slightly higher at 1.79. If 1.77 failed to hold then next, 1.77 is coming.
Pls dyodd.
I think with thE rental payment uncertainties price may continue to show weakness in short term.
She may likely go down to test 1.77 than 1.67 and below
Results is out on 26th Jan. If there is further bad news than price may see further selling down pressure!
Pls dyodd.
