In part five of this 6-part series, we turn our focus towards REITs that value investors will fall in love with. Here are three REITs that you want to keep in your watchlist if you are a value investor.
In part four of this 6-part series, we shift our focus towards REITs that still exhibit room for growth in the upcoming quarters via expansion opportunities. Here are two REITs that you want to keep in your watchlist if you are a growth investor.
In the first quarter of 2019, local benchmark Straits Times Index ended flat as investors juggled between worries about higher US recession risks and the impending outcome of the US-China trade talks. The only bright spot was the S-REIT sector as it outperformed on the Fed’s dovish interest rate hike forecast. The slowdown in hike came from lower GDP growth expectations and rising unemployment, leading to the inversion of US yield curve to heighten recession fears.
Nico Steel Holdings (Nico Steel), a SGX Mainboard-listed entity since 2009, specialising in production of ferrous and non-ferrous metal alloys, recently announced its earnings guidance for FY19. It expects to record a significant increase in profits as compared to the previous year. This comes after a set of good profit performance during 1H19 as compared to the same period last year.
In an article by Bloomberg, a less than sanguine picture was painted after the FTSE Bursa Malaysia KLCI Index is down 13.5 percent from its high of 1,887 in April 2018. Despite global equities rising amid a pot...
With reference to my 19 September 2018 write-up (click HERE), Best World International (Best World) has appreciated approximately 147 percent from $1.35 on 19 September 2018 to touch an intra-day high of $3.33 on 13 February 2019. At that time, Best World has dropped out of my watchlist after its incredible rally. However, with its recent 47 percent tumble from its all-time intra-day high $3.33 on 13 February 2019 to trade $1.76 on 12 April 2019, it seems interesting again. Is this a buying opportunity or falling knife?
The Shanghai Securities Exchange Composite (SSEC) index peaked out in January last year. However, at its highest last year, the SSEC was still significantly behind its 2007’s all-time high. Following January 2018, the SSEC trended downwards for the rest of the year, only bottoming out in the beginning of 2019.