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Market is Bearish now, Buying at this time involve certain amount of Risk.
However, Ascendasreit is a counter that I think worth Buying.
Now Trading at $2.09.
Good luck with your investing.
alexchia01 ( Date: 19-Oct-2010 13:00) Posted:
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Ready to jump ship when reach 2.05. 
bishan22 ( Date: 18-Oct-2010 17:53) Posted:
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I am with you on this one.
http://sgsharemarket.com/home/tag/ascendasreits/
Ascendasreits have good fundamentals. well worth a risk. I just wonder what will happen tomorrow after XD? Can the support at 2.08 level hold??
Today is Still a Good Day to Buy Ascendasreit.
Now Trading at $2.10.
Good luck.
alexchia01 ( Date: 18-Oct-2010 12:58) Posted:
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bought @2.08 few days ago :)
bishan22 ( Date: 18-Oct-2010 17:53) Posted:
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I 'm in at 2.10 bought last Friday. Good luck. 
Result is Out.
Net Property Income Increased by 3.5% YoY to $83.9m.
Distributable Income Increased by 0.4% YoY to $61.8m.
Distribution Per Unit $0.033
XD Date 22 Oct 2010
Payment Date 26 Nov 2010
alexchia01 ( Date: 18-Oct-2010 12:58) Posted:
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Today is a Good Day to Buy Ascendasreit.
Business: Business Space and Industrial REIT; Business Parks, Science Parks, Hi-Tech Industrial Properties, Light Industrial Properties, Logistic & Distribution Centres, Warehouse, Retail Facilities; In Singapore.
Now Trading at $2.12.
1. In an Uptrend Channel with Possible High of $2.21.
2. Just Bound Off its Support Level of $2.08. A Good Bullish Sign.
3. Price is Below MA30 and Moving Upwards. Crossing MA30 is the Bull Territory.
4. MACD Lines are Reversing Upwards.
5. Stochastic Lines just crosses and about the leave the Oversold Region. A Good Time to Start Buying.
6. Revenue, Profit and Cash Flow are Good QoQ. About to announce 2 Quarter Result today. I知 expecting the usual Good Result.
7. STI is kind of High now and there is a possibility of STI moving lower. So there is certain amount of Risk when Buying Counters at this Time. However, because Ascendasreit has reach a low and has Good Fundamentals, I知 willing to take the risk.
Cut Loss Below $2.055.
Target Price Nil.
More on my Blog at Alex Trades.
This is my personal analysis. You invest at your own risk.
Good luck to all.
Will be moving sideway for a while.
http://mystocksinvesting.com/singapore-stocks/ascendas-reit-moving-sideway/
Ascendas REIT
24 November 2009
Re-initiating Coverage
HOLD: S$1.88
Fair Value: S$1.76
Stock Code:
Reuters: AEMN.SI
ISIN Code A17U
Bloomberg: AREIT SP
Event: Re-initiate Coverage
DPU to fall due to placement dilution. We expect A-REIT to deliver DPU of
12.86 S-cents for FY09/10. This is 15.3% lower than the FY08/09 DPU due to
the dilution impact from the two placement exercises in 2009. For FY10/11,
we expect DPU to remain steady and turn in marginal growth of 0.3% YoY to
12.9 S-cents. These translate to DPU yields of 6.84% and 6.86% for FY09/10
and FY10/11, respectively.
Re-initiate A-REIT with HOLD; fair value estimate of S$1.76. We derive a
fair value estimate of S$1.76 for A-REIT, which is pegged at par to our RNAV
estimate. We like A-REIT for its stable dividend yield, diversified tenant base,
long term leases and property development capability. Nevertheless, we reinitiate
coverage on A-REIT with a HOLD rating on valuation ground.
We advise investors to accumulate A-REIT at more attractive price levels around the
range of S$1.60 to S$1.70.
Ascendas Reit
Oct 20 close: $1.86
KIM ENG RESEARCH, Oct 20
IN line with expectations: A-Reit's net property income (NPI) in Q2 2010 grew 11.7 per cent y-o-y, underpinned by positive rental reversions and lower operating expenses. Distributable income grew 15.4 per cent y-o-y to $61.6 million while distribution per unit (DPU) declined 13.2 per cent y-o-y to 3.48 cents due to the dilutive impact of the equity cash calls this year. Of that, 1.94 cents has been paid on Sept 23, leaving 1.54 cents to be paid on Nov 26 (ex-date Oct 27).
The average occupancy rate for its total industrial portfolio size of 20.7 million square feet (sqf) dipped slightly to 96.8 per cent in Q2 2010 from 97.1 per cent in Q1 2010, but is still above the market's average of between 88 and 91 per cent. With more than half of the leases expiring in FY2010 being renewed, we expect portfolio occupancy to stabilise at the current level.
Positive rental reversions for its business park and high-tech industrial spaces showed signs of moderation in Q2 2010 and should taper off in H2 2010 as market rents are still on a downtrend. We expect flat NPI growth going forward as the annual step-up in rents of long-term leases and contribution from development projects should mitigate any softness in rental rates.
The management suggested that the values of potential acquisitions or development projects are likely to be in the range of $20-$50 million, which we believe are unlikely to impact earnings significantly. Assuming an optimal gearing of 35 per cent, A-Reit has debt headroom of $328 million for acquisitions. No significant changes to portfolio valuation are expected in FY2010.
A-Reit appears on track to beat our previous full-year DPU forecast of 12.7 cents. Our target price has been raised to $2.02 from $1.99 as we increased our earnings forecasts by 1.6-2.3 per cent, reflecting better-than expected margins. A-Reit has risen by 14 per cent since our initiation on Sept 3 and is almost fully-valued. We downgrade A-Reit to 'hold' but will look out for price weakness for re-entry below $1.85.
HOLD
Is this time again to accumulate? Any sifu can comment...
Has broken out of its upward trading channel.
Looks like it will either pull back to this channel or begin forming another channel.
Trend will be clearer in the next few trading days.
freeme ( Date: 20-Sep-2009 21:06) Posted:
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very impressive run up.. over shoot its NAV.. anyone dare to short it?
freeme ( Date: 17-Sep-2009 18:47) Posted:
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its a sell now
choonmng ( Date: 17-Sep-2009 11:04) Posted:
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Anyone sifu can advice on this counter... is this still a buy...
Noticed that today that is 7850000 transacted in the morning.... anyone know what is happening to this counter?
| 09:05:02 | 1.810 | 1 | S |
| 09:05:00 | 1.805 | 7,855 | X |
| 09:04:08 | 1.810 | 1 | S |
| Updated: 11th September 2009, 1859 hrs |
| Ascendas launches 3rd phase of Dalian IT park |
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Business space solutions provider, Ascendas, says it's launched the third phase of its Dalian Ascendas IT Park in China. Phase three comprises an 11-storey office building with 538 thousand square feet of business space that'll be completed by 2011. The company also unveiled plans for a new leisure hub that will become a key feature of its first new-generation integrated park in China. The low-rise leisure hub will have a mix of retail, entertainment, recreational, F&B, convention spaces. Ascendas says subsequent phases of the integrated park are being masterplanned and they'll include customised office buildings and service apartments. The integrated park is a joint-venture project between Asendas and Dalian Software park. It's one of the Singapore projects supported by the Singapore-Liaoning Economic and Trade Council, of which IE Singapore serves as the secretariat. |
Have been trading in a uptrend channel since 10th Mar. 2.03 seems a nice price
Hope it hit it last peak last month @ 1.87...cheong arrrggg
Okay, I hold it, expecting better price to exit.
iamelyse ( Date: 01-Sep-2009 11:55) Posted:
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