Singapore REIT Fundamental Analysis Comparison Table – 26 July 2013

Posted on July 26, 2013 by Marubozu

 FTSE ST Real Asset Investment Trust (FTSE ST REIT) Index rebounded to 767.53 on July 26, 2013. However the index is trading below 200D SMA and technically bearish. Resistance at about 800.

Compare to last month SREIT comparison table:

• Price/NAV decreases from 1.09 to 1.086.
• Dividend Yield decreases from 5.8% to 5.78%
• Gearing Ratio decrease from 33.27% to 33.01%.

Note: Added SPH REIT & OUE Hospitality Trust.

 I prepare this Singapore REIT comparison one week earlier because I am preparing for the REIT class course material.  If you are interested to learn how I do research on Singapore REIT and also time the entry / exit by learning the simple Trend Analysis, you may want to check out my next public tutorial “How to pick Singapore REIT for Dividend Investing

2013 Best and Worst Performers of the Straits Times Index as at 12 Jul 13

13 Jul, 2013 Alvin Chow 0 Comments Investment

Let’s take stock on the STI component stocks performance in the first half of 2013 and find out the leaders and laggards.

When calculating the returns, the price has been adjusted for dividends, stocks splits and other corporate actions that may affect the stock price.

First, there are 14 stocks with positive returns and 16 stocks with negative returns. Almost a 50-50 split.

Second, the top 6 stocks had double digit returns:

1. Thai Bev (+51%)
2. SingTel (+16%)
3. SIA Engg (+15%)
4. ST Engg (+14%)
5. DBS (+11%)
6. Starhub (+10%)

Third, the worst 6 stocks had double digit negative returns:

1. Noble Group (-24%)
2. Golden Agri (-16%)
3. Capitaland (-16%)
4. CityDev (-15%)
5. Jardine C & C (-14%)
6. Wilmar (-12%)

From the results, we can see that F&B, Telecommunications and Engineering sectors are doing well. Commodities and property developers have taken a beating.

Would this trend continue or reverse?

If you are a trend follower, you might want to long the top performers and short the laggards, subjected to your trading rules.

If you are a counter trend trader, you might want to short the top performers and buy the laggards, subjected to your counter-trend rules.

If you are a pairs trader, you might want to short DBS and buy UOB or OCBC at the same time. Or short Olam and long Noble together.

If you are a value investor, you might be better off looking for good buys near the bottom of the list, subjected to your stock picking criteria.

自强不息

http://www3.ntu.edu.sg/hale/hale_ntu2012/pdf/yunnan_garden.pdf

Man fined for manipulative use of trading accounts

Source

Business Times

Date

04 Jul 2013

Author

Lee U-wen

THE Monetary Authority of Singapore (MAS) has taken action against a man for using securities trading accounts maintained by various people with several brokerages to conduct trades in a company's shares for his own benefit.

The man, named by the central bank as Oh Kian Guan, has been deemed to have contravened Section 201(b) of the Securities and Futures Act (SFA).

This prohibits the employment of manipulative and deceptive devices in connection with the subscription, purchase or sale of securities.

The company whose shares were involved in these trades was identified as Fuji Offset Plates Manufacturing Ltd.

In a statement released yesterday, MAS noted how Mr Oh had, during the period between July 1, 2007 and Aug 31, 2008, deceived the brokerage houses into believing that the accounts were opened and operated for the benefit of the respective account holders.

In reality, however, it was Mr Oh himself who was the beneficial owner of the trades in these accounts, said the MAS. For this offence, he was made to pay a civil penalty of $100,000, without court action.

As a "substantial shareholder" of Fuji, Mr Oh also contravened Section 137 of the SFA, which required substantial shareholders of listed companies to notify the securities exchange of changes in their shareholdings.

Mr Oh had failed to notify the Singapore Exchange Securities Trading Limited and Fuji of the changes in his deemed shareholdings in Fuji, which took place during that July 2007 to Aug 2008 period.

This second offence resulted in him paying a composition amount of $18,000.

The Companies Act states that a person has a substantial shareholding in a company if he has an interest in one or more voting shares in the company, and that the total votes attached to those shares is not less than 5 per cent of the total votes attached to all the voting shares in the company.

Source: Business Times © Singapore Press Holdings Ltd. Permission required for reproduction.