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Suntec Reit    Last:1.14    -0.01

Suntec REIT

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danytan
    18-Nov-2013 16:27  
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marubozu what would be a gd entry price?

marubozu1688      ( Date: 17-Nov-2013 09:31) Posted:



Suntec REIT failed to clear 200D SMA resistance.

http://mystocksinvesting.com/singapore-stocks/suntec-reit/suntec-reit-bull-cannot-make-it/

 

marubozu1688      ( Date: 20-Oct-2013 15:55) Posted:



 
 
Greenbean
    18-Nov-2013 09:19  
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Is it change of direction already?  Be AWARE. If volumes are still high, Institutions are still selling. 
 
 
junction
    17-Nov-2013 10:12  
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My concern with this stock  is the management.  I will re-enter when the risk reward ratio is better.

southpark      ( Date: 17-Nov-2013 09:34) Posted:



Supply still strong without any demands yet..once we will there is demand again, this stock will vroom vroom vroom again..! :)
Not vested yet for the time being, but will definitely put this in my watch list when to jeep in again..

Huat ah..!

 

 

 
southpark
    17-Nov-2013 09:34  
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Supply still strong without any demands yet..once we will there is demand again, this stock will vroom vroom vroom again..! :)
Not vested yet for the time being, but will definitely put this in my watch list when to jeep in again..

Huat ah..!

 
 
 
marubozu1688
    17-Nov-2013 09:31  
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Suntec REIT failed to clear 200D SMA resistance.

http://mystocksinvesting.com/singapore-stocks/suntec-reit/suntec-reit-bull-cannot-make-it/

 

marubozu1688      ( Date: 20-Oct-2013 15:55) Posted:


 
 
southpark
    17-Nov-2013 08:40  
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Yes, bears are still in control..till the day the bull turns up, then can sit down and relax first before jumping in.. :) 
 

 
bishan22
    16-Nov-2013 22:31  
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Selling not over yet. Can wait for kopi gao. Shiok shiok hor. 
 
 
expertinvestor
    16-Nov-2013 11:53  
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This price is cheap. Kopi $$ not a problem...
 
 
Greenbean
    16-Nov-2013 09:02  
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Tempest
    15-Nov-2013 15:26  
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Congrats to those who listen my buy call at 1.56. Earn coffee $$ by now huat ah!
 

 
liv2trade
    15-Nov-2013 13:19  
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really wanting get in here for a decent hold, but looking for 1.50 entry le...hope can get soon...
 
 
Tempest
    15-Nov-2013 11:33  
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1.56 entry point. Rebound soon
 
 
danytan
    15-Nov-2013 11:30  
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Entry price? 

Greenbean      ( Date: 15-Nov-2013 11:16) Posted:

Watch for Entry.  

guoyanyunyan      ( Date: 27-Aug-2013 13:02) Posted:



Suntec REIT: New city taking shape

By Kevin Tan 

Suntec REIT announced on 15 Aug that it has established a US$1.5b Euro Medium Term Note programme. We believe Suntec REIT may use this to address part of its refinancing needs due in 2014. If so, this will lock in part of its debts into fixed rates, enhance its debt maturity profile and improve its unencumbered asset ratio. Looking ahead, we remain positive on Suntec REIT?s performance. While its 2Q13 NPI and distributable income were down 38.5% and 18.7% YoY respectively due to the concurrent execution of Phases 1 and 2 of the remaking of Suntec City, we believe that the worst is likely over given that Phase 1 enhancement works were completed in Jun and the retail space there has since become operational. At current price, Suntec REIT trades at one of the lowest P/B in the S-REITs sector at 0.73x, while offering a compelling FY14F yield of 6.9%. We are revising our fair value from S$1.85 to S$1.80 due to higher risk-free rate. As valuations remain attractive and outlook is positive, we maintain BUY on Suntec REIT.

Establishment of Euro MTN programme
Suntec REIT announced on 15 Aug that it has established a US$1.5b Euro Medium Term Note programme, with ANZ Bank, Citigroup Global Markets, DBS Bank and Standard Chartered Bank as arrangers and dealers for the exercise. This comes promptly after Suntec REIT has secured a S$500m five-year unsecured loan facility in Jul to refinance all its borrowings maturing in Oct 2013. We believe that Suntec REIT may possibly make use of the programme to issue longer-term unsecured notes to address (part of) its refinancing needs (S$773.5m club loan) due in 2014. This will be a positive development in our view, as Suntec REIT will not only be able to lock in part of its debts into fixed rates, enhance its debt maturity profile but also improve its unencumbered asset ratio. The programme has been assigned a ?Baa2? rating by Moody?s Investors Service.

Worst may be over
Looking ahead, we remain positive on Suntec REIT?s performance. While its 2Q13 NPI and distributable income were down 38.5% and 18.7% YoY respectively due to the concurrent execution of Phases 1 and 2 of the remaking of Suntec City, we believe that the worst is likely over given that Phase 1 enhancement works were completed in Jun and the retail space there has since become operational. Committed occupancy for Phase 1 has improved to 99.6% from the pre-commitment of 96.7% achieved in 1Q, whereas passing rent of S$13.99 psf pm was also significantly higher than the rate of S$11.31 for the rest of Suntec City Mall and S$12.59 projected for the whole project. Together with the continued strength and active lease management at its office segment, we are hopeful that any volatility in Suntec REIT?s financial performance is likely to be cushioned as it commences its Phase 3 (last phase) next year.

Maintain BUY
At current price, Suntec REIT trades at one of the lowest P/B in the S-REITs sector at 0.73x, while offering a compelling FY14F yield of 6.9%. We are revising our fair value from S$1.85 to S$1.80 due to higher risk-free rate. However, as valuations remain attractive and outlook is positive, we maintain BUY  on Suntec REIT. 

...last: $1.505...



 



 
 
Greenbean
    15-Nov-2013 11:16  
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Watch for Entry.  

guoyanyunyan      ( Date: 27-Aug-2013 13:02) Posted:



Suntec REIT: New city taking shape

By Kevin Tan 

Suntec REIT announced on 15 Aug that it has established a US$1.5b Euro Medium Term Note programme. We believe Suntec REIT may use this to address part of its refinancing needs due in 2014. If so, this will lock in part of its debts into fixed rates, enhance its debt maturity profile and improve its unencumbered asset ratio. Looking ahead, we remain positive on Suntec REIT?s performance. While its 2Q13 NPI and distributable income were down 38.5% and 18.7% YoY respectively due to the concurrent execution of Phases 1 and 2 of the remaking of Suntec City, we believe that the worst is likely over given that Phase 1 enhancement works were completed in Jun and the retail space there has since become operational. At current price, Suntec REIT trades at one of the lowest P/B in the S-REITs sector at 0.73x, while offering a compelling FY14F yield of 6.9%. We are revising our fair value from S$1.85 to S$1.80 due to higher risk-free rate. As valuations remain attractive and outlook is positive, we maintain BUY on Suntec REIT.

Establishment of Euro MTN programme
Suntec REIT announced on 15 Aug that it has established a US$1.5b Euro Medium Term Note programme, with ANZ Bank, Citigroup Global Markets, DBS Bank and Standard Chartered Bank as arrangers and dealers for the exercise. This comes promptly after Suntec REIT has secured a S$500m five-year unsecured loan facility in Jul to refinance all its borrowings maturing in Oct 2013. We believe that Suntec REIT may possibly make use of the programme to issue longer-term unsecured notes to address (part of) its refinancing needs (S$773.5m club loan) due in 2014. This will be a positive development in our view, as Suntec REIT will not only be able to lock in part of its debts into fixed rates, enhance its debt maturity profile but also improve its unencumbered asset ratio. The programme has been assigned a ?Baa2? rating by Moody?s Investors Service.

Worst may be over
Looking ahead, we remain positive on Suntec REIT?s performance. While its 2Q13 NPI and distributable income were down 38.5% and 18.7% YoY respectively due to the concurrent execution of Phases 1 and 2 of the remaking of Suntec City, we believe that the worst is likely over given that Phase 1 enhancement works were completed in Jun and the retail space there has since become operational. Committed occupancy for Phase 1 has improved to 99.6% from the pre-commitment of 96.7% achieved in 1Q, whereas passing rent of S$13.99 psf pm was also significantly higher than the rate of S$11.31 for the rest of Suntec City Mall and S$12.59 projected for the whole project. Together with the continued strength and active lease management at its office segment, we are hopeful that any volatility in Suntec REIT?s financial performance is likely to be cushioned as it commences its Phase 3 (last phase) next year.

Maintain BUY
At current price, Suntec REIT trades at one of the lowest P/B in the S-REITs sector at 0.73x, while offering a compelling FY14F yield of 6.9%. We are revising our fair value from S$1.85 to S$1.80 due to higher risk-free rate. However, as valuations remain attractive and outlook is positive, we maintain BUY  on Suntec REIT. 

...last: $1.505...



 


 
 
marubozu1688
    20-Oct-2013 15:55  
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AAwang
    31-Aug-2013 22:27  
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i value this is one of the best sreits. Price is discounted by 30% and the dividend rate is 6%.   I can't find other sreits that can be as good as suntec, (perhaps starhill?) .
 
 
guoyanyunyan
    27-Aug-2013 13:02  
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Suntec REIT: New city taking shape

By Kevin Tan 

Suntec REIT announced on 15 Aug that it has established a US$1.5b Euro Medium Term Note programme. We believe Suntec REIT may use this to address part of its refinancing needs due in 2014. If so, this will lock in part of its debts into fixed rates, enhance its debt maturity profile and improve its unencumbered asset ratio. Looking ahead, we remain positive on Suntec REIT?s performance. While its 2Q13 NPI and distributable income were down 38.5% and 18.7% YoY respectively due to the concurrent execution of Phases 1 and 2 of the remaking of Suntec City, we believe that the worst is likely over given that Phase 1 enhancement works were completed in Jun and the retail space there has since become operational. At current price, Suntec REIT trades at one of the lowest P/B in the S-REITs sector at 0.73x, while offering a compelling FY14F yield of 6.9%. We are revising our fair value from S$1.85 to S$1.80 due to higher risk-free rate. As valuations remain attractive and outlook is positive, we maintain BUY on Suntec REIT.

Establishment of Euro MTN programme
Suntec REIT announced on 15 Aug that it has established a US$1.5b Euro Medium Term Note programme, with ANZ Bank, Citigroup Global Markets, DBS Bank and Standard Chartered Bank as arrangers and dealers for the exercise. This comes promptly after Suntec REIT has secured a S$500m five-year unsecured loan facility in Jul to refinance all its borrowings maturing in Oct 2013. We believe that Suntec REIT may possibly make use of the programme to issue longer-term unsecured notes to address (part of) its refinancing needs (S$773.5m club loan) due in 2014. This will be a positive development in our view, as Suntec REIT will not only be able to lock in part of its debts into fixed rates, enhance its debt maturity profile but also improve its unencumbered asset ratio. The programme has been assigned a ?Baa2? rating by Moody?s Investors Service.

Worst may be over
Looking ahead, we remain positive on Suntec REIT?s performance. While its 2Q13 NPI and distributable income were down 38.5% and 18.7% YoY respectively due to the concurrent execution of Phases 1 and 2 of the remaking of Suntec City, we believe that the worst is likely over given that Phase 1 enhancement works were completed in Jun and the retail space there has since become operational. Committed occupancy for Phase 1 has improved to 99.6% from the pre-commitment of 96.7% achieved in 1Q, whereas passing rent of S$13.99 psf pm was also significantly higher than the rate of S$11.31 for the rest of Suntec City Mall and S$12.59 projected for the whole project. Together with the continued strength and active lease management at its office segment, we are hopeful that any volatility in Suntec REIT?s financial performance is likely to be cushioned as it commences its Phase 3 (last phase) next year.

Maintain BUY
At current price, Suntec REIT trades at one of the lowest P/B in the S-REITs sector at 0.73x, while offering a compelling FY14F yield of 6.9%. We are revising our fair value from S$1.85 to S$1.80 due to higher risk-free rate. However, as valuations remain attractive and outlook is positive, we maintain BUY  on Suntec REIT. 

...last: $1.505...



 

 
 
guoyanyunyan
    23-Jul-2013 09:23  
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Units of Suntec REIT, which owns retail and office properties, rose as much as 2.3% and were among the top traded stocks by value in the Singapore market.

The company reported distribution per unit (DPU) of 2.249 cents for its second quarter, down 4.7% from a year earlier, mainly due to partial closure of its Suntec City Mall and Suntec Singapore for improvement works.

Maybank Kim Eng said Suntec is one of the few Singapore REITs with a DPU compound annual growth rate of 4% from 2012 to 2015, following the major overhaul at Suntec City. The broker maintained its “buy” rating and $1.75 target price.

CIMB Research said Suntec’s valuation at 0.75 times price-to-book-value is attractive compared to the trust’s peers. It maintained its “outperform” rating and $1.68 target price.


...last done: $1.585...
 
 
marubozu1688
    22-Jul-2013 23:26  
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Suntec REIT rejected at 20D SMA. Looks like more downside is coming.

Singapore REIT is still weak.

http://mystocksinvesting.com/singapore-stocks/capitamall-trust/is-it-a-good-time-to-buy-singapore-reit-now/

   
 
 
Kaypoh77
    19-Jul-2013 23:49  
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StewardLittle      ( Date: 19-Jul-2013 13:28) Posted:

Results out tonight. Good or bad news?

 
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