Fortune Trust – What really matters in a REIT

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Started in 2003 | Listen in both HKD & SGD market | 17 HDK properties |

  1. IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED.
    • Price to Book Ratio : 0.748 (26.2% Underpriced)
    • Price to Earning Ratio : 11.838
  2. LEARN ABOUT THEIR NUMBERS
    • Gearing : 45.86% ( Low reliance on financing for growth)
    • Wale : 9 years 
    • Current Ratio : 0.145 (Inability to pay off short-term debt and long term obligation)
    • Growth Rate :  1.73%
    • Cash Flow Per Share : – Not provided –
    • Good to bad management ability ( Dividend payout started to decrease this year including performance – Drawdown on performance is substantial | Increase in financing and poor investing performance on cashflow)

Technical analysis

Market is currently retracing of the 10 Hkd mark as it retest previous zone (Resistance turn …

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