S-REITs – Mapletree Pan Asia potential reboundMapletree Pan Asia is finally lifting from the support line at SGD 1.18.
The REITs sector is typically seen as a defensive play during periods of weak market sentiment. The decline in Singapore’s interest rates and growing expectations of a Fed rate cut are driving its recovery.
Despite a 5.96% dividend yield, concerns remain as net property income continues to decline following the divestment of Mapletree Anson.
N2IU trade ideas
Mapletree Pan Asia seems to have found its support lineS-REITs have experienced a pullback recently after the MAS mentioned that they intend to maintain the strength of the SGD to control inflation. The interest rate might not be cut as expected, which has caused the current situation we see in S-REITs.
Mapletree Pan Asia’s manager has mentioned the high interest rate environment. Additionally, the divestment of Mapletree Anson has further worsened the financials and led to a drop in distributions.
The share price seems found its support. Let's see whether the share price sustain.
What if there is no interest rates cut this year ?Could the Fed change their mind and not do any rate cut this year ? It is possible. First, the question was how many - 2 or 3 then when will they cut , May is out then they said is likely June and now maybe in September......
Reits does not do well in a high interest rates environment and thus explain the reasons why they have fallen from their peak, some 50-60% . Like this MapleTree Pan Asia Reit which is well diversified geographically in Asia and also by sectors.
So, I will be initiating a position today or tomorrow , just a nibble to test the market. No hurry really since macro environment factors change much faster than we expected. If it does rally, lucky me to catch it. If it falls further to 1.10, I hope I will be smart enough to increase my position.
This way, I take away the roller coaster emotional ride of missing the market. It is about buying low and selling high NOT buying the lowest and selling the highest. Let the speculators, traders and experts do that .
Mapletree Commercial Trust Broke Support At $1.80SGX:N2IU showed bearishness as the price broke the convergence triangle. The immediate support is at $1.80.
The price is trading below the the 50-day moving average as well.
Fundamental wise, the REIT continues to deliver strong results with resilient portfolio.
The REIT is currently trading at 4.4% dividend yield.
Click here to compare the Singapore REITs.
Mapletree Commercial Trust - Short term headwinds aheadCurrently downward trend close to the resistance line of around 1.85, if it break through downwards, we should see it test the 1.76 region and so forth.
Points to consider
tenants ability to survive the current pandemic impact
If measures impose by Government would help to stimulate sufficient spending.
tourism recovery
vaccine news.
What do you guys think? Do share cheers!
Mapletree Com Trust - Inverted H&S retest ( Round 2 )The first test of the inverted H&S failed (broke up and then failed a few days later). Now with bullish divergence forming again on the daily chart, it looks like MCT is ready to do another retest. Will this breakup suceed this time? Can only wait and see. Long at 1.80, stop below 1.75. Should it break above neckline I will move my stops to just below the neckline.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence
Mapletree Com Trust - will it complete an Inverted H&S?Inverted Head & Shoulders would confirm upon a daily close above the neckline at 1.90. When this happens, I would enter with an intial stop loss just below 1.80. Should the trade works out, I would scale out partially around 2.09 (possible horizontal resistence there) and protect with trailing stops to ride the rest to about 2.30 (Inv H&S target is at 2.35).
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.
SGX MapleTree Com Trust Shortstock has lost its upwards trend and changing to a sideway movement. Stock is near the resistance line @ 1.89. If there's a breach, then potential to go higher. If not likely to go down to potential support @ 1.63. A potential short position @1.86 with stop-loss above resistance line @ 1.90 and profit-taking @ next support line @ 1.63
Mapletree Com Trust - End of Rounded "Top"Most people's idea of a rounded top is "bearish" and should break down at the neckline. However, personally I found that half the time this is not true. A test at the neckline and a decisive rebound from there, I will go long. A rather aggressive short term trade with stop loss just below today's candle low and with near term profits between 2.20-2.24. Dividend lovers might choose to manage and hold for longer :) p/s the key word is "manage" your trade..