Ascendas Reit continues to surge higher at high volume. (Close $2.220, +0.130):
Ascendas Reit continues to surge higher at high volume in the last trading day of 2009. The stock closes at $2.220, and at +0.130 over the closing price of the previous day, it is a jump of almost 6.2%. Trading volume was in the top 20 list at 13,058,000 units, even higher than the 11,359,000 units on Dec 23. Not to forget that this was achieved on a half-day trading day.
Not only was Ascendas Reit able to maintain above $2 level for the past few days since Dec 23, it has managed to close at the highest stock price for the whole year at $2.22. We do not know how much of this was due to year end window dressing, but it is definitely a significant milestone for this stock.
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Singapore, December 28, 2009 -- Moody's Investors Service has today upgraded AIMS-AMP Capital Industrial REIT's ("AIMSAMPIReit", formerly known as MacarthurCook Industrial REIT or "MI-REIT") corporate family rating to Ba2 from Caa1. The rating outlook is stable. This concludes the rating review initiated on November 9, 2009. Full report.
| sreitinvestor ( Date: 29-Dec-2009 09:00) Posted: |
Sorry hope i get it right this time: See full report
No preview or editing in this forum?
sreitinvestor ( Date: 29-Dec-2009 08:56) Posted:
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Sorry amended link. See full report
sreitinvestor ( Date: 29-Dec-2009 08:53) Posted:
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MAPLETREELOG ACQUIRES 9th PROPERTY IN JAPAN FOR S$68 MILLION:
Full report.
Key Points:
* The property is located in Chiba, Japan and is leased to a major Japanese MNC with remaining fixed lease of about 8 years.
* The property yield of the Property at 7.26% is higher than the implied property yield of the existing Japan portfolio of 4.5%.
* The acquisition will be accretive to MapletreeLog’s distribution per unit (“DPU”).
* The acquisition is expected to be completed in 1Q2010.
* The acquisition will be fully funded by debt.
* This will be the 9th property in Japan, and the 83rd property of its overall portfolio.
* With this acquisition, the geographical allocation by gross revenue of the portfolio for Japanese properties will be increased from 15.7% to 17.8%. This ranks after Singapore (52.1%) and Hong Kong (19%).
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Ascendas Reit closes at 2.08 for consecutive days on Dec 23 and Dec 24. On both days, it has touch an intra-day high of 2.10. Volume on Dec 23 was relatively high at about 11,359,000 units (52 Wk average volume about 497,639 units, source sharejunction).
This stock has largely been trading above $2.00 in 2008 before the fall of Lehman. From Jan 2009 onwards, the stock has never managed to cross the $2.00 level until yesterday. Finally, this stock is back as a $2.00 stock again. We will have to see whether it will hold above this level in days to come.
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More about REITs at
http://sreitinvestor.blogspot.com/
Generally, a stock is rated Outperform if the analyst felt that there is 15% upside in the next 12 months. Rated Hold is between <+15% and <-15%.
Underperform is more than -15% over the next 12 months.
The percentage is a defacto guide, and varies from analyst to analyst or house. You can find a glossary at the end of the report.
Read the explanation and opinion given and ask yourself if you are convinced.
If yes, you can to go to phase 2.
Check if there are any analyst covering this stock. If no, you may want to build up slowly.
If there are many analyst. Goto phase 3
Count and group their rating under their respective opinion.
For example, there are 10 analyst covering :.
a) Stock A: Buy = 5, Sell = 5
b) Stock B: Buy = 9, Sell = 1
c) Stock C: Buy = 5 , Hold = 3, Sell = 2
Now the Question : Which stock will you most likely to buy ?
Hint: Buying stock by way of analyst report is like appreciating a piece of abstract art. If the artist is really good, all who view (good viewer) will get the same meaning or thing or whatever....
Special Case to Phase 2. You will want to comb the internet to check if there is any foreign research house covering a particular stock of interest. There houses are not affilated to any financial entity like example : Wright Publishing......They make money by selling report only.
Stock like Allgreen, NOL, DBS, UOB, OCBC, China Sport..........are covered.
Finally, analyst report are just opinion lor....and you will see, for example, NOL continously buck the trend of analysts opinion.
If you like to make easy money, you need to study hard lor....It is your money, It is your call.
BTW, the blog link is broken or what, timeout leh.......
Calculation ( Date: 20-Dec-2009 16:24) Posted:
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Actually, each analyst (house) have different criteria for "stock recommendations" but generally "Out-perform" will mean that the stock in question is likely to return (in terms of both upside potential and income) a certain percentage (usually 5%) better than the benchmark, either the STI or FTSE over the next 6mths or 1 year. "Under-perform" will have the opposite meaning.
Calculation ( Date: 20-Dec-2009 16:24) Posted:
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Strange, over the years I have never bothered to find out what analysts meant when they labelled a stock "out-performed" or "under-performed".
I thought I might as well learn it now. Anyone care to share?
When a stock is labelled as "out-performed", do you buy? I would imagine the analyst is saying the stock's price had performed better than others and by this logic, one should sell since potential of further gain is limited.