Prime USD Reit - I have let go my position upon seeing KORE(cmou) Results plus the suspension of dividend doe next 2 to 2.5 year. Kore is the best among the 3 Local US reit counter, so, Prime is going to release the results today might be showing sign of deterioration just like Kore! Pls dyodd.

 Results is out! Gross Revenue decrease 1.1% to 80.3m and NPI is down 1.6% to 46.4m. DPU of 0.25 cents and bonus share of 1 for 10 existing share value at 1.03 cents. 

gearing shoot up to 48.4%.

distribution preservation to meet Prime's capex needs.

Cautious mode. 

Prime USD Reit  - I have let go my position upon seeing KORE(cmou) Results plus the suspension of dividend for next 2 to 2.5 year. Kore is the best among the 3 Local US reit counter,  so, Prime is going to release the results today might be showing sign of deterioration just like Kore! 

Pls dyodd. 

6th Dec 2023:

 

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.

Great Eastern Holdings - This Insurance company, subsidiary of Ocbc Bank is gaining momentum, likely to reclaim 18.41 and rises higher towards 18.85 and above! Results is due on 26th February morning, do take note!

   Great Eastern Holdings  - This Insurance company,  subsidiary of Ocbc Bank is gaining momentum,  likely to reclaim 18.41 and rises higher towards 18.85 and above! Results is due on 26th February morning,  do take note!

  Great Eastern Holdings  - She has again managed to retest 18 Dollars looks like Buying interest is back! It may rise up further closer to the results date on 26th February! Do take note!

She is rising up to retest 18.40 soon! 

Pls dyodd.

Great Eastern Holdings  - This insurance company is looking great to consider to accumulate at current price level which is trading near historical support level . A subsidiary company of OCBC bank! 3rd quarter results was good, therefore can look forward for the Final dividend of 55 cents on 26th February! Do take note! 

Re-entered at 17.58 waiting for the FY results to be released on 26th February morning!

Pls dyodd. 

Great Eastern Holdings - Chart wise, she has retreated from 18.38 and went down to touch 17.50 this morning.  Looks like the gains has more or less returning back to the market! Results is due on 26th February morning! Do take note!

At 17.50, estimating yearly dividend of 90 cents,  yield is about 5.14%.

The yield is not bad! 

Pls dyodd.

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.

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.

Genting Sing - Yesterday, she had a nice breakout of 1.05 the recent high and closed slightly higher at 1.06, looks rather positive! The only concern was that the volume is low! Next, resistance is at 1.09. Pls dyodd.

  Genting Sing  - Yesterday,  she had a nice breakout of 1.05 the recent high and closed slightly higher at 1.06, looks rather positive!

 The only concern was that the volume is low! Next, resistance is at 1.09. Pls dyodd.  

Genting Sing  - Chart wise, bullish mode! Likely to reclaim 1.03 and rises higher towards 1.14 and above! Likely declare higher Final dividend of 2.5 cents !Do take note! 

Breaking out of 1.14 she may likely test 1.20.

Today went to Sentosa RWS for lunch and can see many tourist and traffic crowd patronizing RWS. I think businesses is good! 

Pls dyodd.

For over 30 years, Genting Singapore and its subsidiaries (the “Group”) have been at the forefront of gaming and integrated resort development in Australia, the Bahamas, Malaysia, the Philippines, Singapore and the United Kingdom. Today, we are best known for our award-winning flagship project, Resorts World™ Sentosa in Singapore, which is one of the largest fully integrated destination resorts in South East Asia. 

Genting Singapore is ranked among Singapore’s largest public-listed companies. Genting Singapore is a constituent stock of the FTSE Straits Times Index.

Today, more than 70% of Genting Singapore and its subsidiaries' team members are Singaporeans and Permanent Residents. There is great diversity in the company too, with more than 40 nationalities represented.

Our management team is very experienced and boasts a wide variety of skill sets.

Diverse skills set:

• Large-scale Project Development
• Casino Management and Marketing
• Theme Park Operations
• Marine Life Park Operations
• Animal Health and Research
• Marine Life Conservation and Education
• Hotel Management and Operations
• Spa Management and Operations
• Food and Beverage
• MICE and Events Management
• Marketing and Sales Excellence
• 
  
  Genting Sing  - Chart wise,  bullish mode! High probability she may reclaim 1.03 and rises higher towards 1.09-1.10 level. Results is due on 22nd February! Do take note! 
  

STI ETF - She has a nice rebound last week and rises up 7.8 cents frim 3.142 to 3.22, fantastic! Investment into this counter is like participating into most of the local bank , gd reit and blue chips counter! Do take note!

  STI ETF  - She has a nice rebound last week and rises up 7.8 cents frim 3.142 to 3.22, fantastic! Investment into this counter is like participating into most of the local bank , gd reit and blue chips counter! Do take note!

Is like getting free dividend of 7.3 cents which was XD on 13 February. 

Pls dyodd.

 STI ETF  - Investment in this counter is like investing in All the index component counters like Bank, famous reit , blue chips etc, yearly dividend of about 14.6 cents , yield is of 4.5 percent seem quite a nice dividend yield for this ETF, i think much better than ParkwayLife Reit! Do take note! 

XD of 7.3 cents on 13th February,  looks like we may see some buying interest!

I am waiting for her to go below RSI 30 to plan my trade!

Pls dyodd.

This method of operation is to buy into STI ETF whenever it is in an oversold condition

 and to sell off and take profits whenever it is in an overbought condition. 

For example, one may use the  indicator such as the Relative Strength Index (RSI) to gauge when it is overbought ( above 70 ) or oversold condition( below 30).


One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.



For example you may plan to buy in at different interval or whenever the Oversold situation happen .


In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.

With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.


As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve  lower average costs per unit. 

SOFI ( Sofi Technologies) - The company is dealing with Students loan and digital banking in US. The recent 4th quarter managed to turn in profitable with profit of 48m. Chart wise, looks like she may rise up to retest 9 dollars again! Do take note!

 SOFI ( Sofi Technology) - The company is dealing with Students loan and digital banking in US. The recent 4th quarter managed to turn in profitable with profit of 48m. Chart wise, looks like she may rise up to retest 9 dollars again! Do take note!

Short term wise,  I think crossing over 9.00 we may see her rising up towards 9.50 than 10.50.

Pls dyodd. 

Quote :The company reported its first GAAP profit and is ready for some of its best days. The fintech company is transforming the banking experience for users and has seen a steady rise in active users. At the end of December, the company had 7.5 million members on the platform, which is up 44% YOY, leading to 11.1 million product signups.

Its GAAP profit of $48 million is only the beginning, and I believe the coming quarters will be interesting. The revenue was up 44% YOY to hit $615 million, and its financial services segment saw a 115% revenue jump while the lending segment saw a 24% rise. SoFi has been working on its products to ensure that it meets the changing needs of consumers. To a certain extent, it has become successful in the same.

With the resumption of student loan payments, SoFi will see a rise in demand for its lending products, which will be reflected in the coming quarters. It has already achieved a 30% gross margin in the recent quarter, and if it manages to keep the costs down, it could see an improvement in the margins. While it is not a cheap endeavor to transform traditional banking, the company has been successful in customer acquisition.

The management has a bullish outlook for 2024 and believes that it can grow the revenue at a compound growth rate between 20% to 25% through 2026. This can lead to an improvement in profit and EPS. The excellent results did not boost the stock, which is trading at $8.42 today and is down 12% year to date. This growth stock could double in 2024, and buying it below $10 seems wise.(investorplace.com) 

Mapletree PanAsia Com Tr - She has managed to bounce-off from 1.33 and closed higher at 1.37 , looks rather interesting! I think a good pivot point to consider as yield is above 6.4 percent. Pls dyodd.

 Mapletree PanAsia Com Tr  - She has managed to bounce-off from 1.33 and closed higher at 1.37 , looks rather interesting! I think a good pivot point to consider as yield is above 6.4 percent.  Pls dyodd.  

Short term wise,  if she is above to reclaim 1.41 than 1.48 and stay above 1.50 than we may see her reversing this downtrend. 

Pls dyodd. 

Mapletree PanAsia Com Tr  - I think boat is back! At 1.39, yield is about 6.4 percent,  NAV 1.73, Gearing is slightly above 40 percent. Do take note! 

One of the index reit counter that is yielding more than 6.3% I think might be a good pivot point! 

Pls dyodd. 

  Mapletree PanAsia Com Tr  - 3rd quarter results is out! Gross Revenue is up 0.8 percent to 241.5m, NPI is up 1.7% to 182.4m but Distribution is down 9.1% due to higher finance costs increasing 14%. Gearing 40.8%. 

Occupancy rate 96.7%.

XD 5th February. DIVIDEND 2.2 CENTS.

Pay date 14th March.  

I think results is so so. 

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.