Mapletree Pan Asia Commercial Trust (MPACT) (SGX:N2IU) stock analysis
There are 631 stocks listed on the Singapore exchange. I’ve limited the dataset to the Straits Times Index (STI) constituent stocks, then use the SGX Stock Screener to filter for those with a Price-to-Book (PB) ratio of less than 1 which means that they are trading below their net asset value. Would we be able to … Read more
S-REITs have been trading below their long-term average price to book (P/B) valuation for a while now. Every month, when the closely watched US Consumer Price Index (CPI) economic indicator shows that inflation is still a concern, the likelihood of interest rate cuts decreases, and REITs see their share price plunge. REIT Ticker (SGX) Current … Read more
The Singapore markets are known for being stable; stocks don’t seem to move at all. But this year has been especially bad, and these 7 Singapore Blue Chip Stocks are down 10% (which is a big deal since most Singapore Blue Chip stocks only move in single digit percentages). But where there’s crisis, there’s opportunity … Read more
2023 is gone, and welcome 2024! New Year. New me. New resolutions, and also maybe New Stocks that can huat. 1 year ago, I still remember vividly how economists and bankers around the world braced for a recession in 2023. Now that 2023 is done and dusted, not only did we miraculously defy the prophecy, … Read more
A few weeks ago DBS Research published their bullish stance on S-REITs after the Feds looked to pause hiking the rates. Thus the title “High (not higher) for longer” with reference to how interest rates will pen out in the upcoming 1-2 years. For those who might be too lazy to go through the research, … Read more