Ezotop

Sunday, January 7, 2024

Keppel DC Reit - With the Letter Of Demand for the unpaid rental DC in China we may see her drifting lower due to this payment uncertainties! Likely to show us the 3rd bearish candlestick to tet 1.77 tyan 1.67! Do take note!

 I always prefer to trade this counter than investing..



I think with this rental payment uncertainties price may continue to show weakness in short term.

She may likely go down to test 1.77 than 1.67!

Pls dyodd.


Wah, she is back to 1

85-1.86! 1.80 may be opportunity is back again! 



Locked in profit at 1.91. Awesome!

Closed at 1.92. Let's wait for the next opportunity!




Wah, Nice Gap up this morning,  looks rather bullish!

I think she may rise up ro test 1.99-2.00.

Pls dyodd. 



I think nice profit taking and corrected back to 1.78, I think opportunities is back! 



Nibbled some at 1.78.

Please dyodd.

 

Swee! Locked in kopi money at 1.85. EP https://sporeshare.blogspot.com/2023/11/yesterday-nice-white-soldier-appeared.html?m=1. Awesome!



Chart wise, looks rather interesting as she has managed to bounce-off from 1.68 and rises higher to touch 1.76!



Waiting for reversal signal to kick in .

I think likely to rise up to test 1.81-1.82.

Pls dyodd. 

 At 1.70, yield is about 5.85%.


The director has bought back some share at 1.71 on 26th October. It might a an indication good price is here! 




 Last Friday,  it has broken down the support at 1.80 and closed lower at 1.72 looks like BEAR is in control!





At this rate of falling,  it may go down to test 1.59 again!

NAV 1.39. If 1.59 cannot hold then we may see her going further down to test 1.50 than 1.40 with extension to 1. 31.

Pls dyodd.

 Yesterday,  it has broken down the support at 1.90 and went further down to test 1.79 before closing at 1.82. The volume is high indicating there are more seller than buyers.



Short term wise,  if 1.80 cannot hold, next, we may see her going down tobtest 1.75 than 1.70 with extension to 1.59.

At 1.81, yield is about 5.46%. At least it is closing up the different in yield with most of the index reit  

Pls dyodd.


Indeed,  she has broken down the support at 1.98 after the 3rd quarter results released! I think market in not in favor of this set if financial numbers judging from the selling off down 11 cents to close at 1.90.

NAV is 1.39.

P/B is 1.44.




If the support at 1.89 cannot hold,  she mat likely go down to test 1.80 than 1.75 with extension to 1.60.

Pls dyodd.


DPU) of 2.492 cents for the 3QFY2023 ended Sept 30, a 3.6% decrease from the same period a year ago. 

9MFY2023 of 7.543 cents is lowered than last year DPU of 7.634 cents. 

For the three-month period, distributable income dropped by 6.5% y-o-y to $43.9 million. The REIT says that this is mainly due to higher finance costs and less favorable forex hedges, which were partially offset by higher finance income and tax savings. Its 9MFY2023 distributable income stands at $135 million, 2.1% lower y-o-y.





Yield is about 5% at 1.99.
I think a good pivot point might be at 1.81 about 5.5% yield! 

Chart wise, bearish mode! 
Immediate support is at 1.98.
Next support is at 1.90-1.91.
If 1.90 cannot hold,  we may likely see her going down to revisit 1.80 than 1.75.

Not a call to buy or sell!
Pls dyodd.

Friday, January 5, 2024

Update : Mapletree PanAsia Com Tr - Results is due on 29 Jan, Dividend is coming, Nice! Profit taking is happening of which I think is healthy and hopefully it will resume this uptrend mode and rise up to reclaim 1.58! Do take note!

 Update : Mapletree PanAsia Com Tr  - Results is due on 29 Jan, Dividend is coming,  Nice! Profit taking is happening of which I think is healthy and hopefully it will resume this uptrend mode and rise up to reclaim 1.58! Do take note!



 Chart wise,  bullish mode!



Yesterday ahe has a nice breakout at 1.53 and closed higher at 1.55 this is rather positive!

Short term wise,  I think she may rise up to test 1.61 than 1.70.

Pls dyodd. 


Mapletree PanAsia Com Tr  - Wow! 2 white soldiers appearing on the chart, looks like Big Boys are scooping up, plus huge volume likely to continue to rise higher! Dont miss out!



chart wise,  bullish mode!

Likely to rise up to test 1.54.

A nice crossing over smoothly we may see her rising up to test 1.60.

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.




Wednesday, January 3, 2024

Update: Mapletree Industrial Trust - One of the Rare Industrial cum Data Centres reit that is hard to avoid! Under Mapletree famous reit Manager plus nice quarterly dividend wich is what I like! Yield is pretty decent at 5.34 percent at 2.50. Dont miss out!

  Update: Mapletree Industrial Trust  - One of the Rare Industrial cum Data Centres reit that is hard to avoid! Under Mapletree famous reit Manager plus nice quarterly dividend wich is what I like! Yield is pretty decent  at 5.34 percent at 2.50. Dont miss out! 



Short term wise,  I think likely to rise up to test 2.53 again! A nice breakout smoothly would likely see her rising up towards 2.58/2.60 than 2.73/2.75.

Results will be out on 25th Jan 2024, dividend is coming,  nice!

Pls dyodd.

Mapletree Ind Tr  - Wow! A nice Long and bullish Green bar appearing on the chart 5 days ago plus high volume and closed well at 2.45 looks like Bull is back ! Likely to continue to trend higher!



Short term wise,  she will rise up to reclaim 2.47.

A nice breakout smoothly may likely see her rising up towards 2.58 than 2.73.

Pls dyodd. 

Quote : 

Mapletree Industrial Trust has been kept at "buy" by UOB Kay Hian's Jonathan Koh, along with a revised target price of $2.76, slightly higher from $2.74 indicated earlier.

https://www.theedgesingapore.com/capital/brokers-calls/uob-kay-hian-maintains-buy-call-mapletree-industrial-trust

I think boat is back! 






At 2.19, 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 recent low of  2.17.

Next quarterly results will be out on 25th October,  dividend is coming!

Not a call to buy or sell!

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.


Tuesday, January 2, 2024

Singapore Saving Bond - Feb 2024 average interest of 2.81 percent, not surprisingly as we know interest rate has peaked and rate cut may happen in Y2024! Luckily, I have managed to lock in higher interest rate for past few series.

 Singapore Saving Bond  - Feb 2024 average interest of 2.81 percent,  not surprisingly as we know interest rate has peaked and rate cut may happen later part of the year(Y2024)! Luckily,  I have managed to lock in higher interest rate for past few series. 



Total amount Offered is 900m.

Last day to apply is on 26th Jan 2024.

 Update: SSB(Singapore Saving Bond) - Last opportunity to secure an Average interest rate of 3.07 percent foe this no-brainer Fixed income product as interest rate may cut in Y2024 and the interest rate yield may also going lower! Last day to apply is on 26th December 2023! Do take note!

I am going to apply some to secure for this golden opportunity to lock in 3.07% for next 10-year. 

Pls dyodd. 

24 10 years average interest rate is 3.07% which is much lower than last month rate of 3.4%. 

Total amount Offered is 1.1b.




I think the demand may be under subscribe!

 Is it still quite a gd rate I certainly think so!

Last day to apply is on 26th December 2023.

Pls dyodd. 

Results is out for Dec 2023 Batch.

All applicants will be alloted either 20k or 20m5k max. I think is not bad!

I think is a great interest yield of 3.4% for this fixed income product! It is backed by the gov. 

Applied this morning to secure some!



Gd luck to All!

Pls dyodd.

I am going to apply by this weekend for December SSB offering average interest rate of 3.4% foe 10 years. Seem a very good yield to me higher than CPF OA. 

Please dyodd.

 Wah, Dec batch is yielding 3.4% average for 10 years , seems good! 

Last day to apply is on 27th Nov 2023.

Offered Amount 1Billion.

Surely can get some.

Pls dyodd.






Results is out! I have secured fully for my application,  swee! 

Those who applied all being alloted with either 47,000 or 47,500. Bravo!



Waiting for next month announcements rate for December! I think might be the same or slightly higher.  



Last day to apply is on 26th October!

Pls dyodd.



 Stocks market is volatile! 

I think good time to Apply a bit for Nov series to secure a fixed average yield of 3.32 % which is much higher than CPF OA. 

Please dyodd. 

Wah, Nov series average interest of 3.32% is higher than Oct interest of 3.16%, awesome!

I think likely to see an overwhelming response! 

Total amount Offered is 1b. I think surely can get some.

Last day to apply is on 26th Oct.

Pls dyodd.






  

A safe and flexible way to save for the long term!

 I think is a very gd fixed interest income that is even higher than AH Kong OA interest of 2.5%.

I have applied for this Oct 2023 of which I think is

quite a gd yield for me!



Please dyodd.

 Wah, average 3.16 percent for Oct 2023 SSB, very good interest rate with little or no risk fixed income.  


Tomorrow last day to apply for Oct 2023 series. 

I have already applied hope for the Best! 


Don't miss out!

Last day to apply 26th Oct 2023.



Amount Offered - 800m.

Huat ah!

Please dyodd.

 This month average 2.99% interest for 10 years duration  is not bad! 

Application Start from 3rd July to 26th July 



I have been redeeming the old batch from 2018 and 2019 and re-apply for higher interest %. 

This is the best option/flexibility for SSB.

 Results is out for July SSB. All fully alloted!

Is under subscription for the total issurance of 600m.



 Singapore Saving Bond - one of the best option to park your cash to earn a higher interest that spread across 10 years.


This month bond offering start from 1st June 6pm onwards to 26 June 2023 9pm.

10 years average interest rate is 2.82%. Is quite good! 

SBJUL23 GX23070H in your CDP statement
Interest payment will be reflected as CDP-SBJUL23 in your bank statement
GX23070H in your SRS statement.

A safe and flexible way to save for the long term


The monthly issuance size of the Singapore Savings Bond (SSB) programme is S$600 million for this month. For more details, refer to the media release.

 Interest rate is Based on the table rate reflected on the website.
At the end of each year, on a compounded basis.






http://www.sgs.gov.sg/savingsbonds/Your-SSB/This-months-bond.aspx

Application may apply through: DBS/POSB, OCBC and UOB ATMs and Internet Banking and SRS. CPF funds are not eligible.

Invest amount : You can invest a minimum of $500, and in multiples of $500. The total amount of Savings Bonds held across all issues cannot be more than $200,000.

Interest Payment dates : Upcoming payment: 01 Jan 2024
Subsequent payments (until maturity): Every 6 months on 01 Jul and 01 Jan

Each Savings Bond has a term of 10 years and pays interest every 6 months. Savings Bonds cannot be traded like conventional bonds or shares. Interest income is exempt from tax. Only individuals above 18 years old can apply.

 
Savings Bonds are fully backed by the Singapore Government. And because the bonds can always be redeemed for the full amount invested, investors are protected against capital losses when interest rates change. This makes them one of the safest possible investments for individuals to hold.

Save up to 10 years, and earn interest that “steps up” or increases over time. Hold your Savings Bond for the full 10 years and receive an average interest per year that matches the return from 10-year Singapore Government Securities yields, which has generally been between 2%-3%.

Flexible : 
 Or, choose to exit your investment in any given month, with no penalties. There is no need to decide on a specific investment period at the start.

Just received my interest this month, awesome! 


Sunday, December 31, 2023

CapLand Ascott Trust - She is trending up nicely to retest 1.01 again! A nice breakout may see her rising up towards 1.05 than 1.13

 CapLand Ascott Trust  - She is trending up nicely to retest 1.01 again! A nice breakout may see her rising up towards 1.05 than 1.13.



Estimating yearly dividend of 5.3 cents. Yield is about 5.35% which is quite decent for this hospitality reit.  

NAV is about 1.13.

PLS dyodd. 



CapLand Ascott Trust  - Wow! Strong rebound today and manage to clear the resistance at 1.00, coupled with high volume this is rather bullish! Don't miss out! Likely to rise up to test 1.05 than 1.11.




CHART wise,  bullish mode!

She is rising up to test 1.00! 



A nice breakout smoothly plus good volume likely to see her testing 1.05. 

Pls dyodd.

Closed well at 94 cents last Friday looks like Bull is in control!



I think she is rising up to reclaim 96 cents again! 

A nice crossing over with ease would likely see her rising up to revisit 1.00 to 1.05.

Pls dyodd.


Chart wise, she is gaining strength! 



I think likely to rise up to test 96 cents again! 

A nice breakout smoothly may likely see her rising up towards 1.00 and 1.03.

Pls dyodd.


 30th October Update:

3Q 2023 gross profit increased 13% YOY, rose to 103% of 3Q 2019 pro forma gross profit




— Increase in revenue mitigated higher operating and financing costs

— 3.48 cents in DPS paid for 1 Jan 2023 to 13 Aug 2023, Advanced distribution of 0.701 cents was paid for the period 1 Jul 2023 to 13 Aug 2023

— gearing 35.2% with low effective borrowing cost of 2.4%

— 83% debt on fixed rate, with 50% hedged in foreign currency


Estimating a full year dividend of 6.08 cents. 

At 92 cents, yield is about 6.6% plus the Gearing is low I think the company would be able to weather through this high interest rates environment! 


I think current price seem a good yield level. 


Not a call to buy or sell. 


Indeed,  she has gone down to test 0.88.



I think likely to see a rebound from here!

nAV 1.138.

Yearly dividend of about 5.3 cents. 

Gearing 39%.

I think gd price is back! 

Pls dyodd. 


Chart wise,  bearish mode!



The recent PO price of 1.025 is trading a great discount to the current price of 0.915! 

Those took up the PO is having paper loss.

But on the other hand, I think gd price is back! 

NAV is about 1.138.

Yearly dividend is about 5.3 cents.

I think Gearing is below 40%.

Immediate support is at 0.915.

Next support is at about 0.88.

Not a call to buy or sell!

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...