Analysts from RHB and Maybank expect that potential Fed rate cut
Analysts from RHB and Maybank expect that potential Fed rate cuts and government support may ease pressure on S-Reits, especially those in healthcare, suburban retail, and industrial segments. Longer lease expiries and Singapore’s limited tariff exposure also offer stability.
Despite the selloff, analysts continue to back S-Reits as long-term defensive plays. OCBC Investment Research noted that S-Reits outperformed the broader market from Apr 3–7, with the FTSE ST All-Share Reit Index down 5.2% versus the Straits Times Index’s 10.1% fall.
Maybank Securities and DBS Group Research named top picks like..
HMN trade ideas
Ascott Trust is cheap and give 3,98% Dividend todayThis REIT has a stable sidewards trend in the last years with a dividend return of more than 4% for a long time.
In corona the dividend lowered and even now gives 3,98%:
pasteboard.co
A rise back to higher levels, with about 0,03 SGD per Quarter or 0,12 SGD, should be possible, which would open the possiblity to 12% of dividend yield return.
Grow of real estate assets is financed with new shares, so the stock price is very stable sidewards without any growth. All profits goes directly in dividend... and bookvalue is stable at about 1.12
pasteboard.co
So the current price is near book value, which make it a good price right now.
pasteboard.co
My assumptions are that the dividend on this stock will raise again, which make it even right now an affordable REIT.
The company is stable and has a good outlook.
So I give this stock a long
HMN.SGX_Breakout and Retrace Trade_LongENTRY: 1.09
SL: 1.00
TP: 1.24-1.30
- ADX<25. Would like to be higher.
- RSI<60. Would like to be higiher.
- RS and FFI -ve but increasing.
- MACD +ve.
- MAs aligned although 40MA still below 100MA but pointing up.
- Breakout with good volume on 10 Mar 2021 and retraced with lower volume until 1.05 (Resistance-turned-Support) and bounced back.
Ascott Trust - Falling Wedge Pattern (approaching apex?)A Falling wedge pattern has a good odd of breaking out to the upside eventually. This wedge has been forming over the past 6 weeks and is getting narrower towards the apex. Long now @ 0.96 and patiently wait for the upside break or wait to long as soon as it breaks.
Support is currently at 0.90-092
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.