Daily Sprout 🌱 (2 May) The S&P 500 closed lower in a volatile session after the Federal Reserve kept interest rates unchanged and singled rate hikes were not probable. While stocks initially jumped after Fed Chairman Jerome Powell said further rate hikes were unlikely, these gains faded into the market close. STI <Closed> HSI <Closed> NKY ⬇️ 0.34% S&P 500 ⬇️ 0.34% Nasdaq ⬇️ 0.33% DJIA ⬆️ 0.23% What's Sprouting 🌱DBSreported a net profit of S$2.95 b...
$ParkwayLife Reit(C2PU.SG)$ sold more than half of my position today. yield of 4% and div increase of 2.8% annually, I find it hard to justify it's current price and value. looking to exit fully if the run continues. projection at current price, yield on cost to reach 5% in 2030. growth is too slow. entry below 3.4 could make sense as a long term play
DividendKopiスレ主104238715:
Yeah. Very interesting right. I was also like huh? That’s why I think it’s sentiment. Like investors feel worst priced in. But like I say. This type very risky. Can change very fast and furious. Caution!
102935005 :
I think market is forward looking. impending rate cuts would likely mean lower financing cost and better returns in the longer term. market would've priced in the rate cut by the time rates come down
102935005 :
near term would not make a difference to be honest. most contracts are locked for 2years or more. in fact as long as they drop rates by 2025 should be favourable when renewal is due
$ParkwayLife Reit(C2PU.SG)$ Cohen & Steers sells 399,900 Parkway Life units at $3.42 each via open market. After the sale, Cohen & Steers’ stake in PLife REIT has fallen to 5.96% from 6.02% previously.
The SREITs sector remains a hostage to sentimental reactions based on US economic data. This is a challenge because of the unpredictable nature of sentiment. Cutting through the noise, we see that the US inflation remains relatively high.
$CapLand IntCom T(C38U.SG)$ $CapLand Ascendas REIT(A17U.SG)$ $Mapletree Log Tr(M44U.SG)$ $Mapletree Ind Tr(ME8U.SG)$ $CSOP S-REITs INDEX ETF(SRT.SG)$ $FRASERS CENTREPOINT TRUST(J69U.SG)$ $Keppel DC Reit(AJBU.SG)$ $ParkwayLife Reit(C2PU.SG)$
A weaker than expected US Non-Farm Payroll gave sentiment a boost as investors look forward to a rate cut. I also discussed my reduction of exposure to SREITs. Thanks for reading the review 🥰
$ParkwayLife Reit(C2PU.SG)$ $CSOP S-REITs INDEX ETF(SRT.SG)$ $Keppel DC Reit(AJBU.SG)$ $FRASERS CENTREPOINT TRUST(J69U.SG)$ $Mapletree Ind Tr(ME8U.SG)$ $Mapletree Log Tr(M44U.SG)$ $CapLand Ascendas REIT(A17U.SG)$ $CapLand IntCom T(C38U.SG)$
The S&P 500 closed lower in a volatile session after the Federal Reserve kept interest rates unchanged and singled rate hikes were not probable. While stocks initially jumped after Fed Chairman Jerome Powell said further rate hikes were unlikely, these gains faded into the market close.
STI <Closed> HSI <Closed> NKY ⬇️ 0.34%
S&P 500 ⬇️ 0.34% Nasdaq ⬇️ 0.33% DJIA ⬆️ 0.23%
What's Sprouting
🌱 DBS reported a net profit of S$2.95 b...
sold more than half of my position today. yield of 4% and div increase of 2.8% annually, I find it hard to justify it's current price and value. looking to exit fully if the run continues.
projection at current price, yield on cost to reach 5% in 2030. growth is too slow. entry below 3.4 could make sense as a long term play
Stronger-than-expected US Retail Sales figures have led to a shift in the US Federal Reserve's approach, cooling market speculation about interest rate cuts. Coupled with risk aversion due to the Israeli retaliation towards Iran, SREITs sector sentiment has turned increasingly bearish.
Earning reports for period ending 31 March are due to be released.
$FRASERS LOGISTICS & COM TRUST(BUOU.SG)$ $CapLand Ascendas REIT(A17U.SG)$ $Mapletree Log Tr(M44U.SG)$ $Mapletree Ind Tr(ME8U.SG)$ $CapLand IntCom T(C38U.SG)$ $FRASERS CENTREPOINT TRUST(J69U.SG)$ $Keppel DC Reit(AJBU.SG)$ $CSOP S-REITs INDEX ETF(SRT.SG)$ $ParkwayLife Reit(C2PU.SG)$
Stronger-than-expected US CPI figures have negatively influenced market sentiment towards SREITs, dampening hopes for interest rate cuts. Concurrently, escalating tensions between Iran and Israel have triggered widespread risk aversion.
$FRASERS CENTREPOINT TRUST(J69U.SG)$ $Keppel DC Reit(AJBU.SG)$ $Mapletree Ind Tr(ME8U.SG)$ $CSOP S-REITs INDEX ETF(SRT.SG)$ $CapLand Ascendas REIT(A17U.SG)$ $CapLand IntCom T(C38U.SG)$ $FRASERS LOGISTICS & COM TRUST(BUOU.SG)$ $Mapletree Log Tr(M44U.SG)$ $ParkwayLife Reit(C2PU.SG)$
KDC. and Plife, borh my darling reits back in 2019. I will enter dip setup.
Despite a relatively cheap valuation for SREITs, I continue to caution prudence. An interesting development on the chart calls for caution. Important US economic data lies ahead.
$CapLand IntCom T(C38U.SG)$ $CapLand Ascendas REIT(A17U.SG)$ $FRASERS LOGISTICS & COM TRUST(BUOU.SG)$ $Mapletree Log Tr(M44U.SG)$ $Mapletree Ind Tr(ME8U.SG)$ $CSOP S-REITs INDEX ETF(SRT.SG)$ $Keppel DC Reit(AJBU.SG)$ $FRASERS CENTREPOINT TRUST(J69U.SG)$ $ParkwayLife Reit(C2PU.SG)$
Cohen & Steers sells 399,900 Parkway Life units at $3.42 each via open market.
After the sale, Cohen & Steers’ stake in PLife REIT has fallen to 5.96% from 6.02% previously.
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