Technical Analysis of FTSE ST REIT Index (FSTAS8670)
FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 826.65 to 859.68 (+3.99%) compared to last month update. Currently the Singapore REIT index is still trading with a range between 816 and 874.
The following is the compilation of 40 Singapore REITs with colour coding of the Distribution Yield, Gearing Ratio and Price to NAV Ratio.
Note 1: The Financial Ratio are based on past data and there are lagging indicators.
Note 2: This REIT table takes into account the dividend cuts due to COVID-19 outbreak. Yield is calculated trailing twelve months (ttm), therefore REITs with delayed payouts might have lower displayed yields, thus yield displayed might be lower.
Note 3: REITs highlighted in blue have been updated with the latest the Q1 2021 business updates.
Total Singapore REIT Market Capitalisation = S$107.9 Billion.
Increased from S$104.9 Billion in January 2021.
Biggest Market Capitalisation REITs:
Capitaland Integrated Commercial Trust ($14.18B)
Ascendas REIT ($12.30B)
Mapletree Logistics Trust ($8.31B)
Mapletree Commercial Trust ($7.06B)
Mapletree Industrial Trust ($6.42B)
No change in ranking compared to March 2021 update.
Smallest Market Capitalisation REITs:
BHG Retail REIT ($281M)
United Hamsphire REIT ($327M)
First REIT ($376M)
ARA Hospitality Trust ($397M)
Sabana REIT ($415M)
No change in ranking compared to March 2021 update.
Eagle Hospitality Trust is currently suspended
Disclaimer: The above table is best used for “screening and shortlisting only”. It is NOT for investing (Buy / Sell) decision. To learn how to use the table and make investing decision, Sign up next REIT Investing Workshop here to learn how to choose a fundamentally strong Singapore REIT for long term investing for passive income generation.
Fundamentally the whole Singapore REITs is close to fair value now based on simple average on the Price/NAV. Below is the market cap heat map for the past 1 month. The REIT sector rebounded after a correction due to spike in 10 Years US Treasury Bond Yield. US interest rate continues to stay low at 0.25% from last US FOMC meeting on Mar 17, 2021. It is expected the US interest rate to stay low for the whole of 2021.
Yield spread (reference to 10 year Singapore government bond of 1.391%) continues to tighten from 4.289% to 4.08%. However, the risk premium are still attractive to accumulate Singapore REITs in stages to lock in the current price and long term yield after the recovery. Moving forward, it is expected the increase of DPU due to the recovery of global economy.
Technically the REIT Index is currently trading in a sideway consolidation after the false breakout. However, current macro factors such as low interest rate environment, aggressive M&A for future DPU growth and recovery of global economic support the bullish breakout.
Note: This above analysis is for my own personal research and it is NOT a buy or sell recommendation. Investors who would like to leverage on my extensive research and years on Singapore REIT investing experience can approach me separately for REIT Portfolio Consultation.
Kenny Loh is a Senior Consultant and REITs Specialist of Singapore’s top Independent Financial Advisor. He helps clients construct diversified portfolios consisting of different asset classes from REITs, Equities, Bonds, ETFs, Unit Trusts, Private Equity, Alternative Investments, Digital Assets and Fixed Maturity Funds to achieve an optimal risk adjusted return. Kenny is also a CERTIFIED FINANCIAL PLANNER, SGX Academy REIT Trainer, Certified IBF Trainer of Associate REIT Investment Advisor (ARIA) and also invited speaker of REITs Symposium and Invest Fair. You can join my Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement
At the time of writing, Electroneum is at $0.038298 USD, up 45.54% in the last 24 hours. In this article we will discuss about this cryptocurrency, and the potentially disruptive effects it can cause to the global market.
What is Electroneum?
Electroneum is a cryptocurrency (digital asset) used for mobile payments, enabling cross-border transfers instantaneously, to anywhere in the world. It enables over a billion unbanked people with no digital method, a medium of payment for goods and services.
Uses of Electroneum
There are many ways you can start using Electroneum – now.
Instant payment transfers
Similar to PayNow/PayLah!, Electroneum allows instant payment transfers, but around the world, instead of only in Singapore. This enable instant transfers back to your own country – no fees, no middleman, no remittance company needed, saving on fees for example.
Purchase of Goods and Services
There are several merchants that already accept Electroneum. One platform is AnyTask, which is a freelance platform with over 650,000 users allowing people to sell their professional services. It is the first freelance platform that provides access to the global digital economy for the world’s unbanked. AnyTask sellers do not need a bank account, nor do they pay seller fees.
Another way to spend Electroneum would be Locktrip. Locktrip is a blockchain-based travel discount website which allows Electroneum as a direct payment option,. It is also an ecosystem and marketplace where customers can search, find, and book hotel rooms and other accommodation worldwide. It is the first platform to allow customers and property owners to deal with each other without fees.
Should you Invest In Digital Assets/Cryptocurrency?
Investors can start to invest in digital assets/cryptocurrency, as it is starting to become a viable investment asset class. Do approach a certified financial advisor such as Kenny Loh to find out how you can include cryptocurrency into your diversified investment portfolio.
This is not a recommendation. Investors should understand their own financial objectives, investment horizon, risk profile and their current financial situation before deciding in any sort of investment.
Kenny Loh is a Senior Consultant and REITs Specialist of Singapore’s top Independent Financial Advisor. He helps clients construct diversified portfolios consisting of different asset classes from REITs, Equities, Bonds, ETFs, Unit Trusts, Private Equity, Alternative Investments, Digital Assets and Fixed Maturity Funds to achieve an optimal risk adjusted return. Kenny is also a CERTIFIED FINANCIAL PLANNER, SGX Academy REIT Trainer, Certified IBF Trainer of Associate REIT Investment Advisor (ARIA) and also an invited speaker of REITs Symposium and Invest Fair. Kenny Loh also offers REIT Portfolio Advisory for a fee. Do contact him at firstname.lastname@example.org