Archive

AK71

First REIT: XR and fair value.

December 1, 2010 by AK71
A friend called me yesterday and said he might buy into First REIT with a view of getting more excess rights. I gave him my full support and told him he is likely to make money in this exercise. It turned out that he didn’t get any yesterday. Assuming that he had bought 4 lots [...]
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Starhub, CapitaMalls Asia and CitySpring.

November 30, 2010 by AK71
A reader asked me what’s happening to Starhub and another one asked me what’s happening to CapitaMalls Asia. The recent price weakness must be spooky for quite a few investors. Starhub’s uptrend is clearly broken. The support at 20dMA broke five…
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Healthway Medical: Support at 15c broke.

November 29, 2010 by AK71
The counter closed at 14.5c today. Remember I mentioned that support is at 15c. Well, that broke today but it did not look to me like a convincing flush downwards as the volume sold down at 14.5c was very light and in fact, it was a one lot sell…
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$50k in annual passive income: Year end status.

November 28, 2010 by AK71
The last time I wrote about my attempt to achieve an annual passive income of at least $50k was on 5 Sep when I concluded that “With Saizen REIT’s contribution, I would probably exceed the target I have set for myself which is “to create a minimum of $50k in annual passive income from investments in [...]

in Categories: Investing

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Sabana REIT: Fundamental analysis.

November 26, 2010 by AK71
Sabana REIT closed at $1.02 and touched a low of 97c at one point today. After the rather strong performance by MIT and GLP on debut not so long ago, the unenthusiastic response to Sabana REIT on its first day of trading by market participants was somewhat surprising. Let us do an analysis of the [...]
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Recent purchases: First REIT, AIMS AMP Capital Industrial REIT and Healthway Medical.

November 25, 2010 by AK71
It is a wet evening and the stock market wasn’t all that inspiring either. So, I decided to look at what I have bought recently and how they are doing. First REIT I bought some at 95c and again at 96.5c. Volume expanded today as price closed at…
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MBLM, Genting SP and Healthway Medical.

November 24, 2010 by AK71
Walked a lot this evening after having dinner with a friend at MBLM. Yes, it is my new favourite mall.  So quiet, cool, clean and the service staff are all so friendly. Again, I was given free parking for 4 hours and so, I took a walk to MBS and,…

in Categories: Investing

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AIMS AMP Capital Industrial REIT, Saizen REIT, Genting SP, China Hongxing, Healthway Medical and Golden Agriculture.

November 23, 2010 by AK71
There is much talk about the military confrontation in the Korean peninsula which took place today. Could this be the reason why the STI sank 2%? Fear is in the air? Seoul (The Korea Herald/ANN) – North Korea fired dozens of coastal artillery…
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Saizen REIT: More buying interest.

November 4, 2010 by AK71
I received an email from a reader today saying: “Seems like u like japan. Saizen see pick up in vol today and yesterday” My reply: “I like Japan a lot. Beautiful country, nice people, good food. Everything works. It is like Singapore but costs more. “Saizen REIT is very undervalued. It is a matter of [...]
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Suntec REIT: MBFC

October 28, 2010 by AK71
Suntec REIT is purchasing the one-third interest in Marina Bay Financial Centre (MBFC) held by Choicewide Group Limited, Cavell Limited and Hutchison Whampoa Properties Limited for S$1,495.8 million. This is hot on the heels of the announcement by K-REIT that it would purchase Keppel Land’s one third interest in the same project. See slides here. [...]
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Roads to wealth creation in the stock market.

September 20, 2010 by AK71
I have a friend who is very risk averse and views the stock market as being fraught with danger. He basically thinks it is a jungle with snake pits and poisonous gas bogs. I am inclined to agree with him which is why it would be most advantageous if we could find a guide who [...]

in Categories: Featured, Investing

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REITs: Simply explained?

September 14, 2010 by AK71
The diversity of opinions in this world is what makes it colorful and interesting.  Everyone is free to express his opinions on diverse subjects.  We should remember, however, it is not just what is said which is important.  Of equal importance is how it is said. I have been following a series of posts on [...]
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A minimum of $50k in annual passive income.

September 7, 2010 by AK71
Anyone who has been reading my blog would know that I seek to build a strong stream of passive income through my investments in the stock market. On 29 May 2010, more than three months ago, I mentioned that “between LMIR and AIMS AMP Capital Industrial REIT, the annualised income distributions I receive could be [...]

in Categories: Investing

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Saizen REIT: Better than expected DPU

August 27, 2010 by AK71
Saizen REIT reported full year results this morning and declared a DPU of 0.26c, payable on 29 September 2010.  This is better than expected as the REIT did not have a full quarter to accumulate cash for distribution.  They also refinanced GK Choan and had to pay some fees as well as amortise that loan.  [...]
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Healthway Medical: Second quarter results

August 16, 2010 by AK71
Healthway Medical announced that it has entered into agreements with twelve (12) medical and dental centres in Shanghai and Hangzhou. To operate and manage these facilities, an investment of RMB38m (or S$7.6m) is required over a period of three months. They hope to increase the number of facilities under management to more than twenty by [...]
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First REIT: Nick’s analysis

August 11, 2010 by AK71
I got to know Nick recently while chatting in Bully the Bear’s cbox. I was so impressed with his analyses while chatting with him that I invited him to be a guest writer for my blog. I am sharing Nick’s recent comments on First REIT in a proper post here: I like to post the [...]
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Saizen REIT: Oversold.

August 6, 2010 by AK71
Saizen REIT has been stuck at 16c for weeks. Nothing is happening and it is just a waiting game now.  However, it appears that most of the weaker holders have sold. The Bollinger bands have narrowed and the MAs are all flattening with the exception of the long term 200dMA which is still rising.  In [...]
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China Hongxing: Breakout.

July 25, 2010 by AK71
The last time I wrote about China Hongxing was on 3 July. At that time, there were still mixed signals. On Thursday, two sessions ago, there was a buy signal on the MACD histogram and the MFI broke out of its downtrend. Volume expanded 10 times in the last session as price hit a high [...]
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