Singapore Stock Market News
REIT - Taking stock of yield spreads
StockFanatic
Publish date: Mon, 26 Aug 2013, 10:22 AM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
QE tapering is drawing near and with it, rising long bond yields and
falling S-REIT prices. S-REITs trade at the long-term average spread
of 396bp over the 10-year SGS yield. This would be attractive in a
normal cycle but not now. We expect SREITs' repricing to continue.
For value hunters, this is not the time
to be aggressive. We maintain our
Neutral call. A strong management,
solid financials, AEI growth prospects
and valuation buffer remain our stock
selection criteria. AREIT stands out
in this regard and remains our top
pick. SUN is also an Outperform as its
0.7x P/BV valuation and 6.3% FY14
yield are hard to ignore. The sector's
re-rating catalyst is the stabilisation
of interest rates.
Read more » More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!
Latest Videos
Apps
Top Articles
1
CEO Morning Brief
2
RHB Investment Research Reports
3
CEO Morning Brief
Singapore Swap Rates Set to Narrow Gap With US as MAS Shift Seen
4
SGX Market Dialogues
Kopi-C With GuocoLand’s Group CEO: ‘We Have Twin Engines for Growth’
5
Collin Seow Remisier Blog
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
