The recent Singapore REITs sel-To The Moon - Tiger Brokers Online Investing Community - To The Moon

The recent Singapore REITs sell off made the REITs sector quite attractive based on P/NAV valuation since the last market crash on Mar 2020.
Technically the FTSE ST REIT index tested is trading in a downtrend channel and heading towards the 800 critical support level. This 800 support has been tested 4X since the beginning of 2022.

🔥 Total Market Cap = S$105 Billion (down from $109 Billion)
🎯 Average Price/NAV = 0.92 (down from 0.95)
🎯 Average Distribution Yield = 6.62% (up from 6.30%)
🎯 Average Gearing = 36.76% (same as last month)
🚀Average Yield Spread (vs 10 years SG Gov yield) = 3.71% (widened from 3.47%)

My Personal View:
Technically the chart looks bearish 🐻 but fundamentally I am Cautiously Bullish 🐮 and overweight on Singapore REITs sector.
The bearish sentiment of the stock market will not last forever. Investors who are planning to build a#passiveincomeportfolio should focus on their long term objective and pick up fundamentally strong REITs amid the price weakness.
Why is everyone running away when the properties are selling at a discount with good rental income? 😅😉

$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Ztee
2022-07-07
Ztee
True, worth taking another look. Just not sure how interest rate would impact reits as they are leverage on borrowings. The gearing ratio is something to be looked at.
叫我發先生
2022-07-08
叫我發先生
Heng heng, pls give me a like
jat
2022-07-07
jat
wooh... tks much for sharing
MaxWin
2022-07-07
MaxWin
Cool
ThaiGirl
2022-07-07
ThaiGirl
Good opinion for opportunities
Stephanie58
2022-07-07
Stephanie58
k

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This 800 support has been tested 4X since the beginning of 2022.</p><p>🔥 Total Market Cap = S$105 Billion (down from $109 Billion)<br>🎯 Average Price/NAV = 0.92 (down from 0.95)<br>🎯 Average Distribution Yield = 6.62% (up from 6.30%)<br>🎯 Average Gearing = 36.76% (same as last month)<br>🚀Average Yield Spread (vs 10 years SG Gov yield) = 3.71% (widened from 3.47%)<br></p><p>My Personal View:<br>Technically the chart looks bearish 🐻 but fundamentally I am Cautiously Bullish 🐮 and overweight on Singapore REITs sector.<br>The bearish sentiment of the stock market will not last forever. Investors who are planning to build a#passiveincomeportfolio should focus on their long term objective and pick up fundamentally strong REITs amid the price weakness.<br>Why is everyone running away when the properties are selling at a discount with good rental income? 😅😉</p><p><a href=\"https://laohu8.com/S/ME8U.SI\">$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$</a> </p></body></html>","htmlText":"<html><head></head><body><p>The recent Singapore REITs sell off made the REITs sector quite attractive based on P/NAV valuation since the last market crash on Mar 2020.<br>Technically the FTSE ST REIT index tested is trading in a downtrend channel and heading towards the 800 critical support level. This 800 support has been tested 4X since the beginning of 2022.</p><p>🔥 Total Market Cap = S$105 Billion (down from $109 Billion)<br>🎯 Average Price/NAV = 0.92 (down from 0.95)<br>🎯 Average Distribution Yield = 6.62% (up from 6.30%)<br>🎯 Average Gearing = 36.76% (same as last month)<br>🚀Average Yield Spread (vs 10 years SG Gov yield) = 3.71% (widened from 3.47%)<br></p><p>My Personal View:<br>Technically the chart looks bearish 🐻 but fundamentally I am Cautiously Bullish 🐮 and overweight on Singapore REITs sector.<br>The bearish sentiment of the stock market will not last forever. Investors who are planning to build a#passiveincomeportfolio should focus on their long term objective and pick up fundamentally strong REITs amid the price weakness.<br>Why is everyone running away when the properties are selling at a discount with good rental income? 😅😉</p><p><a href=\"https://laohu8.com/S/ME8U.SI\">$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$</a> </p></body></html>","text":"The recent Singapore REITs sell off made the REITs sector quite attractive based on P/NAV valuation since the last market crash on Mar 2020. Technically the FTSE ST REIT index tested is trading in a downtrend channel and heading towards the 800 critical support level. This 800 support has been tested 4X since the beginning of 2022. 🔥 Total Market Cap = S$105 Billion (down from $109 Billion) 🎯 Average Price/NAV = 0.92 (down from 0.95) 🎯 Average Distribution Yield = 6.62% (up from 6.30%) 🎯 Average Gearing = 36.76% (same as last month) 🚀Average Yield Spread (vs 10 years SG Gov yield) = 3.71% (widened from 3.47%) My Personal View: Technically the chart looks bearish 🐻 but fundamentally I am Cautiously Bullish 🐮 and overweight on Singapore REITs sector. The bearish sentiment of the stock market will not last forever. Investors who are planning to build a#passiveincomeportfolio should focus on their long term objective and pick up fundamentally strong REITs amid the price weakness. 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Just not sure how interest rate would impact reits as they are leverage on borrowings. The gearing ratio is something to be looked at. ","text":"True, worth taking another look.  Just not sure how interest rate would impact reits as they are leverage on borrowings. The gearing ratio is something to be looked at. ","html":"True, worth taking another look.  Just not sure how interest rate would impact reits as they are leverage on borrowings. The gearing ratio is something to be looked at. 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