Ezotop

Wednesday, December 27, 2023

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!

  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: 




 

Tuesday, December 26, 2023

Update : Paragon REIT - She has a nice breakout of 87 cents and closed higher at 87.5 this is rather positive! Short term wise, I think she is rising up to test 90 cents soon!

Chart wise,  bullish mode!



She has managed to cross over the recent high of 87 cents and closed well at 87.5 looks like this bullish momentum will continue and push the price higher towards 90 than 93 cents!

They own 2 of the local famous Shopping mall like Paragon and Clementi Mall. 

Yield is about 5.5% at 87m5 cents, I think is quite a decent yield level!

Pls dyodd. 


Wow! Nice uptrend mode!



She is rising up to test 90 cents than 93 cents with extension to 1.00.

Pls dyodd. 


Yesterday, closed slightly higher at 82.5 cents I think good progress and we may see further buying activities!



Paragon REIT  - I think reit are slowly gaining strength and likely to continue to trend higher due to interest rate has peaked and paused! Looking at the chart she is trading near the historical low and might be presenting a golden opportunity at the current price level and slowly moving back to 1.00 target price! 

Pls dyodd. 



Chart wise,  she has managed to bounce-off from 79 cents and touched the high of 85.5 cents and retracing down at 81.5-82 cents looks like a gd pivot point!



Yield is about 5.91% ay 81.5 cents.

NAV 90 cents. Gearing 30.1%. Pls dyodd. 

3rd quarter results is out! I think results is not bad! Gross Revenue is up 1.2% to 215.6m. Gearing is 30.1% and Occupancy rate is 98.1%.






No refinancing in 2.4 years time. 

Not a call to buy or sell!

Pls dyodd.


 She is due to report her 3rd quarter results on 31st October! 



Yield is about 6.05% , buay pai!

Pls dyodd.


Chart wise,  bearish mode!

I think she may go down to test 0.80.



Next support is at 0.79 and 0.725.

Pls dyodd.


 Wah, it has broken down 88 cents and closed lower at 83.5 cents, looks rather negative and may continue to trend lower! 

Today closing 1 big transactions sold down at 83.5 cents. 



I think likely to test 83 cents.

Next, 79- 80 cents is possible! 

Pls dyodd. 

 Chart wise,  bearish mode!

Today spotted big quantities selling own at 0.89 cents. Now trading at 0.885.





If 0.88 cannot hold,  then we may see her going down to test 0.83 than 0.79.

yearly dividend is about 4.84 cents.

Yield is about 5.46%.

NAV 0.90.

Not a call to buy or sell!

Please dyodd.



Corporate Profile

PARAGON REIT, formerly known as SPH REIT, is a Singapore-based real estate investment trust established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets.

PARAGON REIT was listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”) on 24 July 2013 and is sponsored by Cuscaden Peak Investments Private Limited ("CPIPL" or the "Sponsor"), a wholly owned subsidiary of Cuscaden Peak Pte. Ltd., a consortium made up of three shareholders - Hotel Properties Limited; Mapletree Investments Pte.Ltd., and CLA Real Estate Holdings Pte.Ltd.

As at 31 August 2021, PARAGON REIT’s portfolio comprises five quality and well-located commercial properties in Singapore and Australia. The three properties in Singapore total up to 962,955 sq ft Net Lettable Area (“NLA”) with an aggregate value of S$3.3 billion, whereas the two properties in Australia have an aggregate Gross Lettable Area (“GLA”) of 1,721,801 sq ft, and an aggregate value of A$840.5 million.



Singapore

  • Paragon, a premier upscale retail mall and medical suite/office property, is located in the heart of Orchard Road, Singapore’s most famous shopping and tourist precinct. Paragon consists of a 6-storey retail podium and one basement level with 494,442 sq ft of retail NLA (“Paragon Retail”), with a 14-storey tower and another 3-storey tower sitting on top of the retail podium with a total of 223,098 sq ft of medical suites/offices NLA (“Paragon Medical”). It is a 99-year leasehold interest that commenced on 24 July 2013.
  • The Clementi Mall, a mid-market suburban mall located in the centre of Clementi town, an established residential estate in the west of Singapore. The retail mall, which also houses a public library, is part of an integrated mixed-use development that includes Housing Development Board (“HDB”) residential blocks and a bus interchange. The property is also directly connected to the Clementi mass rapid transit (“MRT”) station. The Clementi Mall consists of a 5-storey retail podium and one basement level with approximately 195,782 sq ft of retail NLA. It is a 99-year leasehold interest that commenced on 31 August 2010.
  • The Rail Mall, a retail strip with a 360-metre prominent road frontage to Upper Bukit Timah Road, an affluent residential neighbourhood and an F&B-dining destination. It is easily accessible via a network of public bus and MRT services through the Downtown Line (“DTL”). Accessibility is further enhanced by its proximity to the island’s major expressways including Bukit Timah Expressway (“BKE”) and Pan Island Expressway (“PIE”). One of the key access points to the Rail Corridor, a popular nature trail, is adjacent to The Rail Mall. The Rail Mall comprises 43 single-storey shop units with a total NLA of 49,882 sq ft. It is a 99-year leasehold interest that commenced on 18 March 1947.

Australia

  • Westfield Marion, the largest and only super regional shopping centre in South Australia. It is strategically located in Adelaide, approximately 10 km south-west from Adelaide’s Central Business District (“CBD”). It is in a highly accessible location bound by three major thoroughfares and arterial roads in Diagonal Road, Sturt Road, and Morphett Road, extending its access to shoppers beyond its usual catchment. Westfield Marion is also located next to the Oaklands Train Station, connecting it with Adelaide’s CBD and the southern coastline via multiple train lines. The freehold property sits on a land parcel of approximately 2.5 million sq ft, with approximately 1,495,132 sq ft of Gross Lettable Area (“GLA”). PARAGON REIT has a 50.0% stake in ownership.
  • Figtree Grove, an established sub-regional shopping centre located in New South Wales. It is approximately 3 km south-west of Wollongong and approximately 85 km south-west of Sydney CBD. The property is situated at the north-eastern corner of the Princes Highway and The Avenue – major thoroughfares which carry traffic between Wollongong CBD and the wider Wollongong area. The property sits on a freehold land area of approximately 547,883 sq ft and has a total GLA of approximately 236,614 sq ft with 940 carpark lots. PARAGON REIT has an 85.0% stake in ownership.

Sunday, December 24, 2023

ComfortDelGro - Good News keep flowing in for this Giant Transport company with the lastest announcement for the new acquisition in Australia that will boost their Total Revenue and Net profit! The acquisitions is funded by loan and internal cash! I think we may see buying interest come Next week!

Quote:


ComfortDelGro to fully acquire taxi network operator A2B Australia for A$165.1 million
COMFORTDELGRO has agreed to acquire all shares in A2B Australia which it does not already own via a scheme of arrangement, where the land transport operator will pay A$1.45 (S$1.31) in cash per share.
Australian taxi network operator A2B is also a provider of technology and payment solutions for the personal transport industry. It is listed on the Australian Securities Exchange, and its offerings range from taxi services brands 13cabs and Silver Service, to its Cabcharge digital payment solution.
ComfortDelGro and its Australian subsidiary Swan Taxis currently hold about 9.3 per cent of A2B.
At A$1.45 apiece, the consideration for ComfortDelGro to acquire the remaining shares in A2B stands at A$165.1 million, or about S$145.7 million in Singapore-dollar terms.




ComfortDelGro  - Good News keep flowing in for this Giant Transport company with the lastest announcement for the new acquisition in Australia that will boost their Total Revenue and Net profit! The acquisitions is funded by loan and internal cash! I think we may see buying interest come Next week! Do take note! Pls dyodd. 

Today just noticed bus fare for short distance increase by 10 cents to 1.09. Likely to boost their revenue. 

 ComfortDelGro  -  With Taxi  fare and Bus fare increase in December their revenue likely get boosted and can foresee an increase in dividend next year! Dont miss out!




Hosey! Finally, she has managed to breakout at 1.36 and touches the high of 1.38 Awesome! 

Likely to propel ahead and rises up to test 1.45 than 1.50 and above.

Pls dyodd.

  Chart wise,  bullish mode!



Short term wise,  I think likely to rise up to reclaim 1.37! A nice breakout smoothly plus high volume would likely drive the price higher towards 1.45 to 1.50.

Pls dyodd.



 ComfortDelGro  - 3rd quarter results is out! Net profit after tax is up 54.5 percent to 49.9m. 



Gross revenue is up 3.8 percent to 996.6m.



ComfortDelGro : C52 posted a 54.5 per cent rise in net profit to S$49.9 million for the third quarter ended Sep 30, 2023, from S$32.3 million a year earlier.

The company noted that its profit after tax and minority interests (Patmi) margin for the quarter rose to 5 per cent, from 3.4 per cent a year earlier. Revenue over the same period rose 3.8 per cent to S$996.6 million, from S$960.3 million a year ago.

In a business update on Tuesday (Nov 14), the company noted that its public transport business improved as renewals and indexation in the UK continued to improve margins.




Net cash position with 849.9m cash on hands.

I think results has shown great improvement. 

Final dividend may increase. 

Please dyodd.

Chart wise,  bullish mode!

I think high probability it may reclaim 1.37.




A nice breakout smoothly plus good volume that may likely drive the price higher towards 1.42 than 1.485 with extension to 1.80. Huat ah!

Pls dyodd. 

 

I think high probability she may likely breakout 1.30 and rises higher towards 1.40 than 1.42-1.46. Please dyodd. 



Public transport fare hike: Adults to pay 10 to 11 cents more per journey from Dec 23

The Public Transport Council, which regulates bus and train fares, has granted an overall increase of 7 per cent as part of the 2023 fare review exercise.   


 I think breaking out soon!

Dividend for the interim six months period will be credited to your account today - 31st August, Awesome!

Please dyodd.





She is gaining strength and likely rise up to test 1.30 again!A nice breakout of 1.30 plus high volume would likely see her rising up to revisit 1.35 than 1.43.

Please dyodd.

 Total Revenue is up 1% to 1862m versus 1843m last year! 

Net profit of 78.5m is down 31.9% . If excluding the divestment gains from last year of 30.5m, Net profit is down marginally. 



Interim dividend increase from 2.85 to 2.9 cents.



Taxi operations also saw an improvement of revenue with lower discounts handling out! 

Cash Flow is good. So much cash on hands!



I think the results is not bad! 

Please dyodd.


She is rising up in an orderly manner looks rather bullish!

I think waiting for the next breakout moment!



results should be out by end of August,  dividend is coming!

Please dyodd.

 Chart wise, bullish mode!



Likely to rise up ti test 1.30 than 1.35 with extension to 1.45.

Yield is avoit 3.7% at 1.27.

NAV 1.18+.

She is due to report her first half results soon!

Pls dyodd. 



GD NEWS: Awarded a contract to operate rail services in Paris, France’s capital city.

— marks the Group’s first foray into France’s rail operations market and is a first by a Singapore company.




 Indeed, she has managed to conquer 1.21 and rises up to touch 1.23 looks rather positive!



High probability I think she may rise up to test 1.25-1.27 then 1.30-1.35.

Please dyodd. 

ComfortDelGro is one of the largest land transport companies in the world with a global workforce, a global shareholder base and a global outlook. 


The Group was formed on 29 March 2003 through the merger of two land transport companies - Comfort Group and DelGro Corporation. Both had started out in the 1970s and had, by the time of the merger, grown to become successful listed land transport companies. 

EN Corporate Profile Navigation ABOUT NETWORK INVESTOR SUSTAINABILITY TRANSFORMATION NEWS CONTACT CAREER CORPORATE PROFILE HOME / ABOUT US / CORPORATE PROFILE ComfortDelGro is one of the largest land transport companies in the world with a global workforce, a global shareholder base and a global outlook. The Group was formed on 29 March 2003 through the merger of two land transport companies - Comfort Group and DelGro Corporation. Both had started out in the 1970s and had, by the time of the merger, grown to become successful listed land transport companies.
Following the merger, ComfortDelGro has expanded significantly and now operates in seven countries and has a global fleet of about 34,000 vehicles.

ComfortDelGro’s businesses include bus, taxi, rail, car rental and leasing, automotive engineering services, inspection and testing services, driving centres, non-emergency patient transport services, insurance broking services and outdoor advertising. Apart from being the market leader in Singapore, ComfortDelGro has a significant overseas presence. 


The Group’s operations currently extend from the United Kingdom and Ireland to Australia, New Zealand, Malaysia, as well as across nine cities in China, including Beijing, Shanghai, Guangzhou, Shenyang and Chengdu.

Chart wise,  bullish mode!
Likely to continue to trend higher!






Short term wise,  I think likely to rise up to retest 1.20-1.21! 
A nice breakout smoothly may likely see her rising up further towards 1.25 then 1.30.

NAV 1.186.
PE 14x.
Dividend yield 4.11%.


Please dyodd.

Venture - She is gaining momentum and likely rise up to test 15.25! AGM is on 26th April, final dividend is coming! Yield is more than 5 percent for this blue chips counter, nice!

Venture  - She is gaining momentum and likely rise up to test 15.25! AGM is on 26th April, final dividend is coming! Yield is more than 5 pe...