Our opinion on the current state of EQUITES(EQU)Equites (EQU) is the only real estate investment trust (REIT) on the JSE that specialises in industrial logistics and distribution properties in South Africa and the UK. It has approximately R12 billion worth of assets in South Africa and R7.4 billion worth in the UK. Its most recent acquisition, a
1 ZAR
1.15 B ZAR
2.55 B ZAR
823.75 M
About EQUITES PROP FUND LTD
Sector
Industry
CEO
Andrea Taverna-Turisan
Website
Headquarters
Cape Town
Founded
2013
ISIN
ZAE000188843
FIGI
BBG006MC2360
Equites Property Fund Ltd. is a real estate investment trust. It operates through the following segments: South African Industrial, the United Kingdom Industrial, United Kingdom Developer, and Other. The South African Industrial segment represents all South African industrial and logistics assets. The United Kingdom Industrial segment involves the completed buildings and development sites. The United Kingdom Developer segment includes disposal of land and turnkey developments. The Other segment focuses on properties held-for-sale. The company was founded on May 20, 2013 and is headquartered in Cape Town, South Africa.
$JSEEQU - Equities Prop Fund: Tracking A Leading DiagonalSee link below for initial coverage.
The bounce from 1036 looks to be unfolding as a leading diagonal, characterized by the overlapping waves.
Leading diagonals are common after strong sell-offs and the market has bottomed.
I will be looking at wave 5 to terminate at the same price level or above
$JSEEQU - Equities Prop Fund: The Big PictureFirst time coverage.
The Equities bear market can be viewed as a flat pattern or a more bearish double top which would have a far lower price target.
At this juncture, I will look at it as a completed flat pattern with a low at 1036 which is the invalidation level.
The bounce at 1036 could still
Our opinion on the current state of EQUEquites (EQU) is the only real estate investment trust (REIT) on the JSE which specialises in industrial logistics and distribution properties in South Africa and the UK. It has about R12bn worth of assets in South Africa and R7,4bn worth in the UK. Its most recent acquisition of a 100 000 square me
Our opinion on the current state of EQUEquites (EQU) is the only real estate investment trust (REIT) on the JSE which specialises in industrial logistics and distribution properties in South Africa and the UK. It has about R12bn worth of assets in South Africa and R7,4bn worth in the UK. Its most recent acquisition of a 100 000 square me
EQU: breaking key resistance?The price action is testing major resistance. Breaking above this level might target 1720, which is the 38.2% Fibonacci retracement level.
A bullish trend is applicable above 1580. Negate the trade for a break below this level.
MACD (lower panel) also confirmed a change in trend direction.
Remains a
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.