Singapore REIT Fundamental Analysis Comparison Table

Singapore REIT Fundamental Analysis Comparison Table – 8 Feb 2014

By Marubozu • February 7, 2014

FTSE ST Real Asset Investment Trust (FTSE ST REIT) Index changes from 714.92 to 696.54 compare to last post on Singapore REIT Fundamental Comparison Table on Jan 2, 2014. The index is trading below 200D SMA and technically bearish. The index is current testing the support at about 690 with the formation of Descending Triangle. Breaking down from this Descending Triangle will trigger more selling of Singapore REITs.

Compare to last Singapore REIT comparison table:

Added OUE Commercial REIT.
Price/NAV decreases from 1.001 to 0.9471.
Dividend Yield increases from 6.34% to 6.80%.
Gearing Ratio increases from 33.34% to 33.93%.
In general, most Singapore REIT is slightly under value now and the distribution yield is reasonable. However technically Singapore REIT is in the bearish territory and going to drop further if the 690 support (FTSE ST REIT Index Chart) is broken. So don’t be ignorant ...

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