Friday, September 8, 2023

Mapletree Ind Tr - Today it has managed to breakout 2.31 and closed well at 2.32, this is rather bullish!

 Today she has a nice breakout of 2.31 and closed well at 2.32, this is rather bullish!

I think she may rise up to test 2.40 - 2.45.

Pls dyodd. 

 Chart wise,  bullish mode!

She has managed to reclaim 2.31 smoothly and is now trading at 2.32 to 2.33 looks rather positive!

Short term wise,  I think likely to rise up to test 2.40 than 2.45! 

Please dyodd.

 She has managed to bounce-off from 2.17 and closed higher at 2.23, looks rather positive!

I think boat is back! 

At 2.20, yield is about 6.1% estimating yearly dividend of 13.4 cents.

NaV 1.86. Gearing is below 40%.

Chart wise, looks like she may go down to test the support at 2.15.

Please dyodd.

 Wah, 2 nice green candlesticks appeared on the last for 2 days looks rather positive! 

She has managed to bounced off from 2.15 to close at 2.22 this is rather encouraging and might continue to rise up to test 2.25 than 2.30.

Please dyodd.


Mapletree Industrial Trust ("MIT") is a real estate investment trust listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets. 

As at 31 March 2023, MIT's total assets under management was S$8.8 billion, which comprised 85 properties in Singapore and 56 properties in North America (including 13 data centres held through the joint venture with Mapletree Investments Pte Ltd). MIT's property portfolio includes Data Centres, Hi-Tech Buildings, Business Park Buildings, Flatted Factories, Stack-up/Ramp-up Buildings and Light Industrial Buildings.

MIT is managed by Mapletree Industrial Trust Management Ltd. and sponsored by Mapletree Investments Pte Ltd.

NAV is about 1.8653.

Yearly dividend of about 13.4 cents.

Yield is about 6% at 2.21.

Occupancy rate is 94.9%.

Gearing 37.4%.

The recent Private placement of 204.8m for the acquisition of data centre in Japan,Osaka. Looks like dpu is accretive! 

Looks like gd price is back!

Not a call to buy or sell!

Please dyodd.

The price has fallen below the recent Private placement price of  2.21, looks like a good pivot point!

Yield is about 6.11% based on current price of 2.18.

Immediate support is at 2.17.

Please dyodd.

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