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AK71

Sabana REIT and AIMS AMP Capital Industrial REIT: Releasing quarterly results on 20 January 2012.

January 14, 2012 by AK71
Both Sabana REIT and AIMS AMP Capital Industrial REIT will be releasing quarterly financial results on 20 January 2012. Sabana REIT: see announcement here. AIMS AMP Capital Industrial REIT: see announcement here. Sabana REIT has completed a few acquisitions in the last quarter. However, I think their contributions to distributable income will be more substantial [...]
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First REIT: Resistance and supports.

January 13, 2012 by AK71
First REIT has been very resilient. It is probably one of the better performers in my portfolio as well. A great investment for income. However, investing for income does not mean that we cannot trade S-REITs from time to time especially if they remain range bound and somewhat predictable. In the case of First REIT, [...]
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SMRT: Downtrend intact.

January 13, 2012 by AK71
Technically speaking, SMRT doesn’t look good and I am not referring to its trains stalling. OK, bad joke. Lower high and lower low in price are accompanied by a lower high and lower low in the MACD which is in negative territory. The downtrending MFI suggests reduced demand as the 50% line acted as resistance. [...]
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CapitaMalls Asia: 20wMA, the resistance to watch.

January 12, 2012 by AK71
If you think the title of this blog post looks familiar, it should be. ;) If you look at the weekly chart of CapitaMalls Asia, you would know why: Compare this with:…
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Capitaland: 20wMA, the resistance to watch.

January 12, 2012 by AK71
Quite a few people asked me what do I think of Capitaland as I have not said anything about it in a while. Well, if we look at the weekly chart, it is obvious that the downtrend is intact. However, the higher low on the MACD which accompanies the lower low in price gives us [...]
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Hyflux: Early stage of trend reversal?

January 12, 2012 by AK71
I was going to blog about Hyflux last night but I got home rather late. Anyway, Hyflux’s share price has been rather bouyant. Immediate resistance at $1.28 is a relatively weak one but it does not mean that it cannot prevent price from going higher. People sometimes ask me how do I tell if a [...]
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Golden Agriculture: 3 signs of possible weakness.

January 9, 2012 by AK71
I am waiting to add to my long position here. There are signs that price could see some weakness in time to come. 1. Formation of a gravestone doji today on much higher volume. This suggests that buyers were unable to beat sellers as market participants mostly chose to lock in gains. 2. Declining volume [...]
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Saizen REIT: Acquisitions and long term loans.

January 5, 2012 by AK71
Although I divested a large part of my investment in Saizen REIT, I still like the idea of owning freehold residential real estate in Japan where two thirds of its population rent the homes they stay in. The Japanese Yen has strengthened against the S$ quite a bit and this could translate to higher income [...]
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REITs, NOL, ARA and Hyflux.

January 4, 2012 by AK71
Hope everyone had an enjoyable long weekend and is not missing the holidays too much. The bullish movement in the stock market should put smiles on the faces of long holders. Has the bear been vanquished? I think it is too early to think so. So, we might want to make use of the bullish sentiment [...]
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Hyflux: Broke resistance.

December 30, 2011 by AK71
On 15 Dec, I said, “Right now, $1.065 is immediate support provided by the 123.6% Fibo line. A stronger support would be at $1.015, the 138.2% Fibo line and a golden ratio.” Hyflux’s share price touched $1.015 on 23 Dec, forming a white spinning top at the end of that session. A positive divergence was [...]
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A common piece of advice on saving.

December 30, 2011 by AK71
I want to say something about a very common piece of advice dished out by many financial advisors and that is to save at least 10% of our take home pay. Now, this is an easy enough one liner but is it easy to put into practice? For me, however, I have always said that saving [...]
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ASSI celebrates second birthday!

December 17, 2011 by AK71
In another week, my blog will be two years old. Yes, time flies, doesn’t it? It seems like just a few weeks ago when I started this blog out of curiosity and boredom. Never in my wildest dreams would I have imagined how it would grow into what it is today. I took this photo [...]

in Categories: Site Update

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REITs: Leasehold properties.

December 16, 2011 by AK71
I have had quite a few exchanges with readers regarding REITs and their properties’ land leases, if any. Readers who follow the comments section of my blog would be aware of this. After a while, I realise we could just be running through the same points again and again. So, I am putting up my thoughts in [...]
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Capitaland: Rising MACD in weekly chart.

December 15, 2011 by AK71
I look at weekly charts when I am interested in the longer term technicals of a particular stock. I got more shares of Capitaland at $2.35 not too long ago. Its price hit a low of $2.25 so far today. However, as my motivation for being invested in Capitaland is because of its cheap valuation, I am not [...]
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Office S-REITs VS. Industrial S-REITs (3).

December 15, 2011 by AK71
Earlier this year, I shared some salient points in a research by DTZ. Update (23 November 2011): Singapore’s office property market has lost its appeal as an investment, according to real estate firm DTZ. DTZ said demand for office space has declined, and the sector is now considered “cold”. It defines “cold” as property that [...]
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Hyflux: Continuing downtrend.

December 15, 2011 by AK71
My recent decision to go long in Hyflux has turned out poorly. It was a decision heavy on TA and almost nothing FA wise. So, should I cut? Regular readers know that I do not like to cut as prices are declining. Prices go down a river of hope and I would like to cut [...]
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AIMS AMP Capital Industrial REIT: Accumulate on weakness.

December 14, 2011 by AK71
I bought more units of AIMS AMP Capital Industrial REIT today at 93.5c. Price touched a low of 93c on relatively high volume today. In the following days, if selling pressure does not let up, we could see the next support at 92c tested. That would bring us back to price levels not seen since December 2009. [...]
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2011 full year passive income from S-REITs.

December 10, 2011 by AK71
On 7 Dec, income distribution from AIMS AMP Capital Industrial REIT was received. It was also the final income distribution to be received from my portfolio of S-REITs this year. Total income distribution received in 4Q 2011: S$ 29,040.65. Add this to S$ 75,785.49 received in the first three quarters of 2011, the grand total [...]
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