Following part one of this 2-part series where we highlight two of the key sectors (Financials, Industrials) to watch out for in the Singapore market, we zoom into Singaporeans’ favourite REIT sub-sectors. Among the REIT sub-sectors, the two that MBKE thinks every REIT lover should be watching out for are: Industrial REITs and hospitality REITs.
Since the start of 2019, KLCI has been performing poorly. According to RHB, investors are still feeling uneasy about the market as the lack of catalysts fails to boost investors’ confidence. Although Bank Negara Malaysia continued its accommodative monetary policy with a reduction in Overnight Policy Rate (OPR), it is a further sign that the KLCI is facing a lot of headwinds.
In the last part of this 4-part series, we focus on three REITs that underperformed in the latest quarter. But while these three REITs failed to bring any cheers to investors in 1Q19, analysts believe that the medium term outlook for these REITs remain bright.
Following the first part of this 2-part series where we highlighted six value laggard plays, we continue to highlight six other value play stocks that have the lowest price-to-earnings (P/E) and price-to-book value (P/B) multiples among KLCI stocks.
In part three of this 4-part series, we turn our attention to REITs that investors should own in 2H19 despite their mediocre results in the latest earnings performance.
Heading into 2H19, MBKE expects a choppy year for markets given that Singapore is highly exposed to trade flows. Forward looking profit growth expectations have fallen over the past six months with the weakening macro outlook.
The Kuala Lumpur Composite Index (KLCI) has been at the brunt of recent market sell off following months of trade war concerns that have turned into reality. As the market reels in from the reality, RHB thinks that investors should be ready for bargain hunting with Malaysian stocks that are backed by fundamentals. According to RHB, investors will be best served by looking at quality laggards that have suffered the brunt of the recent market sell-off.
In this second part of the series, we dive into two REITs that have been singled out as REITs with a strong DPU growth profile.
In the last part of this series, we zoom in on the last two investment themes in the Greater Bay Area that rides on the emerging trends of electric vehicle and P2P lending.
In this 4-part series, we will dissect the quarterly performances of local-listed REITs/Business Trusts in the latest earnings quarter. In this first part, we focus on the three industrial REITs that have outperformed in the sector.