Kenny_Loh

SGX SREITS Specialist.REITsavvy Funder. Investment & Legacy Specialist.

    • Kenny_LohKenny_Loh
      ·03-16 13:32

      UOB: Value Trap or Contrarian Opportunity at the 200-Day MA?

      While $DBS(D05.SI)$ and $OCBC Bank(O39.SI)$ have been grabbing the headlines with record buybacks and "yield-chasing" rallies, United Overseas Bank (UOB) $UOB(U11.SI)$ is currently telling a very different story on the charts. As we hit mid-March 2026, UOB is sitting at a critical technical and fundamental crossroads. Here is my deep dive into why this might be the most "interesting" play of the Big Three right now. 1. Technical Analysis: The Battle for the 200-Day MA Looking at the current chart, UOB is showing significantly more "friction" than its peers. The Descending Channel: Throughout the tail end of 2025, UOB traded within a clear descending channel
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      UOB: Value Trap or Contrarian Opportunity at the 200-Day MA?
    • Kenny_LohKenny_Loh
      ·03-15 11:12

      DBS: Is the Post-Dividend Pullback a Value Trap or a Buying Opportunity?

      As of March 15, 2026, $DBS(D05.SI)$ is navigating a complex period marked by "peak" earnings sentiment, significant capital returns, and a volatile geopolitical backdrop.‌‌ 1. Technical Analysis: The "CD to XD" Transition ‌‌DBS is currently trading Cum-Dividend (CD). The stock has a significant dividend payout pending, which will create a mechanical price drop on the Ex-Dividend (XD) date. Key Dividend Dates: * Ex-Dividend Date: April 8, 2026. Dividend Amount: $0.81 per share (comprising a $0.66 final ordinary dividend + $0.15 capital return dividend). The XD Drop Expectation: On the morning of April 8, the share price will technically open approximately $0.81 lower than the previous day's close. Current Chart Setup: * The stock has pulled back
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      DBS: Is the Post-Dividend Pullback a Value Trap or a Buying Opportunity?
    • Kenny_LohKenny_Loh
      ·03-15 10:50

      OCBC Technical Outlook: Testing Key Support Amidst Market Volatility

      Based on the chart provided and current market data as of March 15, 2026, here is a technical analysis and market outlook for OCBC Bank. $OCBC Bank(O39.SI)$ Technical Analysis (Chart Review) The chart displays a strong long-term uptrend followed by a recent healthy correction. ‌ Trend Analysis:  The stock has been in a sustained "bull" phase since late 2025. However, it recently hit an all-time high of $21.78 (mid-February) and is currently in a retracement phase, trading around $20.63. ‌ Moving Averages (MAs): 20-day MA (Red): The price has slipped below this short-term line, indicating a loss of immediate momentum. 50-day MA (Blue): The price is currently testing this crucial support level. A decisive break below this could signal further
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      OCBC Technical Outlook: Testing Key Support Amidst Market Volatility
    • Kenny_LohKenny_Loh
      ·03-14

      Is Your REIT Dividend a Mirage? 5 Red Flags Hiding Behind a High DPU

      For many retail investors, the headline Distribution Per Unit (DPU) is the ultimate scorecard. It is the number that flashes on the screen, dictates the yield, and often determines whether a REIT earns a place in a retirement portfolio. However, as REIT specialist Kenny Loh warns, focusing exclusively on this headline figure can lead to a dangerous "Transparency Gap." The headline DPU is often the financial equivalent of "Gross Salary vs. Take-Home Pay." A high figure on a contract looks impressive, but once you strip away the accounting maneuvers and one-off "bonuses" used to inflate the optics, the actual "spendable" cash generated by the properties can be significantly smaller. To protect your capital, you must look past the "financial engineering" toolkit and identify the red
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      Is Your REIT Dividend a Mirage? 5 Red Flags Hiding Behind a High DPU
    • Kenny_LohKenny_Loh
      ·03-08

      Size vs. Stability: Can the New UIB REIT Outpace the Industrial Heavyweights?

      1. Executive Summary: The Industrial Landscape in 2026 In 2026, the Singapore industrial sector is characterized by a "Flight to Quality." While traditional general industrial space faces supply pressure, high-specification assets—those housing regional HQs, life sciences, and advanced manufacturing—continue to command premium rents. UIB REIT enters this market as a "New Economy" specialist, competing directly with the scale of CLAR and the yield of ESR REIT, while offering superior debt protection. $UIBREIT(UIBU.SI)$ $CapLand Ascendas REIT(A17U.SI)$ $ESR REIT(9A4U.SI)$ $AIMS APAC Reit(O5RU.SI)$
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      Size vs. Stability: Can the New UIB REIT Outpace the Industrial Heavyweights?
    • Kenny_LohKenny_Loh
      ·03-03

      Conflict in the Middle East: What it Means for Your S-REIT Portfolio

      The military strikes in late February and early March 2026 between Iran and Israel have sent ripples through the Singapore market. While our local REITs are thousands of miles away from the kinetic conflict, the financial "aftershocks"—specifically oil price surges and interest rate volatility—are very much a local concern.‌ For the S-REIT investor, the question isn't just about geography; it’s about resilience. Here is how the sector is holding up and which trusts are best positioned to weather a potential "higher-for-longer" interest rate environment. ‌ 1. The Macro Picture: The "Inflation Shock" The immediate impact of the conflict has been a flight to safety. Crude oil (Brent) has spiked above US$82, raising fears that the inflation cooling we saw in late 2025 might reverse. The Fed Fa
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      Conflict in the Middle East: What it Means for Your S-REIT Portfolio
    • Kenny_LohKenny_Loh
      ·02-22

      Keppel DC REIT: Record-Breaking DPU and 45% Rental Reversions—Is This the Data Centre Gold Standard?

      $Keppel DC Reit(AJBU.SI)$ ‌ As of February 22, 2026, Keppel DC REIT (SGX: AJBU) is demonstrating robust growth driven by strategic acquisitions and strong organic performance within the data centre sector. ‌ Technical Analysis (TA) The technical outlook for Keppel DC REIT is currently positive, with the stock showing signs of recovery and momentum. Current Price Action: As of February 20, 2026, the unit price closed at $2.27, showing a slight daily increase of 0.44%. Trend Analysis: The stock has been on a recovery path since a preferential offering in late 2025, which initially caused some dilution but was well-received, being 168.2% subscribed. Support & Resistance: Resistance: Immediate resistance is seen at $2.28 - $2.30. A sustained br
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      Keppel DC REIT: Record-Breaking DPU and 45% Rental Reversions—Is This the Data Centre Gold Standard?
    • Kenny_LohKenny_Loh
      ·02-22

      Alpha Integrated REIT: From Activist Battleground to Yield Powerhouse—Is $0.50 the New Floor?

      $Alpha Integrated REIT(M1GU.SI)$ ‌The chart depicts a classic bullish trend reversal followed by a strong momentum phase. 1. Trend and Moving Averages Golden Cross: In late 2024, the 50-day moving average (blue) crossed above the 200-day moving average (green), signaling a long-term trend shift from bearish to bullish. Price Action: The price is currently trading at $0.490, well above its 200-day MA ($0.438) and slightly above its 20-day ($0.484) and 50-day ($0.480) MAs. This indicates that both short-term and long-term momentum are firmly in favor of the bulls. Higher Highs: Since the bottom in mid-2024 (approx. $0.320$), the REIT has consistently formed higher highs and higher lows, a textbook definition of an uptrend. 2. Support and Resistan
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      Alpha Integrated REIT: From Activist Battleground to Yield Powerhouse—Is $0.50 the New Floor?
    • Kenny_LohKenny_Loh
      ·02-10

      The Great S-REIT Reset – Why Not All Recoveries Are Equal

      Source: MoneyFM 89.3 Midday Show - Money and Me As we move into 2026, the Singapore REIT (S-REIT) landscape is undergoing a massive transformation. After years of battling a "high-for-longer" interest rate environment, the sector is finally seeing a resurgence. However, as I discussed on MoneyFM 89.3, the narrative has shifted from "Can they survive?" to "Who is actually thriving?" If you missed the live segment, here is a summary of the key takeaways on why this recovery is fragmented and how investors should navigate the "new normal." 1. The "Refinancing Recovery" is Here If 2024 was about survival and 2025 was about stabilization, 2026 is officially the year of the Refinancing Recovery. We have moved past the peak of the interest rate mountain. For the "Thrivers," this means the "cost-o
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      The Great S-REIT Reset – Why Not All Recoveries Are Equal
    • Kenny_LohKenny_Loh
      ·02-09

      S-REITs Week 6 2026 Recap

      Mixed performance across the sector this week as major REITs released FY2025 and 3Q results: 🔹 AIMS APAC REIT: Strong 3Q performance with NPI up 4.1% YoY. Portfolio occupancy rose to 95.4% with healthy 8.0% rental reversions. $AIMS APAC Reit(O5RU.SI)$ 🔹 CapitaLand Ascendas REIT (CLAR): FY2025 distributable income grew 1.4% YoY. However, DPU dipped slightly to 15.005 cents due to an enlarged unit base from recent fundraising. $CapLand Ascendas REIT(A17U.SI)$ 🔹 Digital CORE REIT: FY2025 DPU stood at 3.60 U.S. cents. The REIT expanded its footprint into Japan with a 20% interest acquisition in an Osaka data center. $DigiCore Reit USD(DCRU.SI)$ 🔹 First REIT:
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      S-REITs Week 6 2026 Recap
       
       
       
       

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