23Jan
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 23 January 2015

MARKET UPDATES :

  • SINGAPORE shares end higher on Thursday.The Straits Times Index gained 15.83 points to 3,370.29.Some 1.65 billion shares, valued at S$1.29 billion were traded. Gainers numbered 295 while losers numbered 146.
  • Singapore Exchange Ltd, Southeast Asia’s biggest bourse, plans to start trading Chinese equity-index options as investors seek ways to hedge risks in the world’s most volatile stock market.SGX is in talks with the China Securities Regulatory Commission on when the Singapore bourse can introduce options on the FTSE China A50 Index, with approval likely to come after such products are introduced on the mainland, President Muthukrishnan Ramaswami said in an interview. Volume on China A50 futures traded in Singapore surged 183 per cent in the three months ended Dec. 31.
  • Singapore companies have continued to feature among the 100 most sustainable corporations of the world.Keppel Land, StarHub, City Developments (CDL) and CapitaLand are on the Global 100 Most Sustainable Corporations list announced at the World Economic Forum in Davos, Switzerland on Thursday.The list is recognised as the top standard in corporate sustainability. Keppel Land raced up the rankings, moving from 17th position last year to fourth this year, making it Asia’s most sustainable firm and the top-ranked real estate company globally.
  • Keppel Corporation posted on Thursday a 6.1 per cent increase in fourth-quarter net profit to S$725.9 million on the back of revenue that climbed 9.1 per cent to S$3.93 billion.Keppel also declared a final cash dividend of 36 Singapore cents per share, up from a final dividend of 30 cents per share in 2013.For the full year, Keppel’s net profit was up 2.1 per cent to S$1.88 billion. Revenue for the same period rose 7.3 per cent to S$13.28 billion.Net profit from the offshore and marine business – which accounts for 55 per cent of the group’s bottom line – stood at S$1.04 billion, 10 per cent higher than in the previous year, buoyed by better operating results and higher interest income.
  • JTC Corporation on Thursday released revised industrial property price and rental indices when it announced its fourth-quarter industrial statistics. These new indices come with an expanded coverage and improved methodology. For instance, more sub-indices will be made available to show price and rental movements based on property attributes such as property type, planning region, land-use zoning and remaining tenure.The indices will also expand their coverage to include single-user factories and business parks which they didn’t use to before. They will also cover transactions island-wide, as opposed to only tracking those in the central region formerly.
  • FRASERS Commercial Trust on Thursday reported a 22 per cent increase in distributable income from a year ago to S$16.7 million for the financial quarter ended Dec 31, 2014, as it reaped the first full quarter of contribution from Alexandra Technopark following the expiry of the master lease last August.This translated to a 20 per cent year-on- year growth in distribution per unit (DPU) to 2.46 Singapore cents for the commercial real estate investment trust (Reit).

STOCK RECOMMENDATION :

  • BUY CAPMALL TRUST ABOVE 2.215 TARGET 2.250 2.300 SL 2.175

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

22Jan

Comex Trading Signals and Market News – 22 January 2015

INTERNATIONAL COMMODITY NEWS :

Gold prices dipped in Asia on Thursday with investors focused on an upcoming European Central Bank meeting expected to further ease policy.On the Comex division of the New York Mercantile Exchange, gold futures for February delivery fell 0.22% to 1.290.80 a troy ounce in Asia.Overnight, gold remained above the $1,300-level on Wednesday, after data showed that the number of building permits issues in the U.S. fell unexpectedly in December, while housing starts topped forecasts, painting a mixed picture of the U.S. housing sector.

Oil prices dipped early on Thursday ahead of the expected announcement of a bond-buying program by the European Central Bank (ECB) later in the day that could push the dollar to new highs and put downward pressure on commodities.The ECB’s Executive Board has proposed a program that would enable it to buy 50 billion euros ($58 billion) in bonds a month starting in March, according to a euro zone source.The expected stimulus program has put pressure on the euro and sent the dollar, seen as a safehaven, soaring. The rising dollar, helped further by an expected U.S. interest rate hike this year and an American economy that is growing while Europe and Asia slow, has put downward pressure on oil, which has seen prices move than halve since last June due to oversupply, in part produced by soaring U.S. output.

• U.S. natural gas prices rebounded on Wednesday, as investors returned to the market to seek cheap valuations in wake of Tuesday’s almost 10% plunge.On the New York Mercantile Exchange, natural gas for delivery in February jumped 10.5 cents, or 3.71%, to trade at $2.936 per million British thermal units during U.S. morning hours, after rising by as much as 6.15% to hit $3.016.A day earlier, natural gas plunged 29.6 cents, or 9.47%, to settle at $2.831. It was the biggest one-day loss in 11 months.Futures were likely to find support at $2.795 per million British thermal units, the low from January 13, and resistance at $3.228, the high from January 16.

Copper prices declined for the second consecutive session on Wednesday, as concerns over the global economic outlook and the impact on future demand prospects dampened the appeal of the commodity.On the Comex division of the New York Mercantile Exchange, copper for March delivery slumped 4.2 cents, or 1.62%, to trade at $2.552 a pound during European morning hours, after hitting a session low of $2.549.

TRADING STRATEGY :

  • BUY GOLD ABOVE 1297 TARGET 1302 1308 SL 1291
  • SELL GOLD BELOW 1284 TARGET 1279 1273 SL 1290

For more information about Comex Commodity Market Trading or Signals, Please visit- EPIC RESEARCH PRIVATE LIMITED.

22Jan
forex-trading3

IForex Market Trading Signals and News – 22 January 2015

TRADING TIPS :

  • Forex-Dollar lower against yen after BoJ holds.
  • Forex-NZD/USD rises off 2-week lows despite weak N.Z. inflation data.
  • Forex-GBP/USD falls despite U.K. jobs data, BoE minutes weigh.

GBP/USD
GBP/USD hit 1.5076 during European morning trade, the session low; the pair subsequently consolidated at 1.5106, shedding 0.25%. In a report, the U.K. Office for National Statistics said that the rate of unemployment dipped to 5.8% in the three months to November from 6.0% in the previous three month-period and better than expectations for a reading of 5.9%.The report also showed that the claimant count fell by 29,700 last month, compared to expectations for a decline of 25,000 people. November’s figure was revised to a drop of 29,600 people from a previously reported decline of 26,900.Data also showed that the average earnings index rose 1.7% in the three months to November, meeting forecasts, after increasing by 1.4% in the three months to October. Excluding bonuses, wages rose by 1.8% in the three months to November, below expectations for a gain of 1.9% and following a 1.6% increase in the three months to October.

EUR/USD
EUR/USD at 1.1563, not far from Friday’s 11-year trough of 1.1459 as investors waited to see if the European Central Bank would embark on an outright quantitative easing program on Thursday. The single currency has been pressured lower by mounting expectations that the ECB will launch a government bond-buying program, in a bid to stave off the threat of deflation in the euro area.Uncertainty over the outcome of Greek elections, due to be held on Sunday, with anti-bailout party Syriza leading in the polls also weighed.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.30% to 93.07.

RECOMMENDATION :

1. Buy GBP/USD Above 1.5145-TG: 1.5165/1.5195 SL 1.5115
2. Sell GBP/USD Below 1.5078-TG: 1.5058/1.5028 SL 1.5108

For more information about Forex Signals and Market Updates, please visit EPIC RESEARCH PRIVATE LIMITED.

22Jan
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 22 January 2015

MARKET UPDATES :

  • MALAYSIAN shares ended higher on Wednesday with the Kuala Lumpur Composite Index adding 19.98 points to close at 1,770.09.Some 2.16 billion lots, valued at RM2.45 billion were traded. Gainers numbered 559 while losers numbered 287.
  • CAPITACOMMERCIAL Trust, a real estate investment trust (Reit) holding central business district (CBD) offices, reported on Wednesday morning before trading hours a distribution per unit (DPU) of 2.15 cents for its fourth quarter ended Dec 31, 2014, up 2.9 per cent from 2.09 cents a year ago.This brings the full-year DPU to an estimated 8.46 cents before conversion of convertible bonds, up 3.9 per cent from 8.14 cents a year ago. This gives it a yield of 4.6 per cent on its last traded price of S$1.835.
  • FORTUNE Reit on Wednesday reported an 8.3 per cent increase in income available for distribution to HK$197.2 million (S$33.97 million) for its fourth quarter ended Dec 31, 2014.This translates to a distribution per unit (DPU) of 10.50 Hong Kong cents, 8 per cent higher than the 9.72 Hong Kong cents that it paid out a year ago.Its net property income also rose 6.7 per cent to HK$293.5 million, on the back of an 8.4 per cent increase in total revenue to HK$425.7 million.
  • KEPPEL Land and parent Keppel Corp have postponed their post-results analyst and media briefing, according to a media advisory email sent out on Wednesday morning. The email mentioned that more details will be provided shortly.However, Keppel Land will release their fourth-quarter and full-year results as scheduled on Wednesday, and Keppel Corp, on Thursday, the email said.Keppel Land’s results briefing was originally scheduled for Wednesday evening, and Keppel Corp’s, Keppel Land had hit a 52-week high on Tuesday, with analysts speculating on the possibility of a special dividend announced ahead of its earnings release on Wednesday, or a pick-up in the China market.
  • SINGAPORE Exchange posted a 16 per cent net profit increase in its second fiscal quarter on the back of strong derivatives growth.Earnings attributable to shareholders rose to S$86.6 million, or 8.1 Singapore cents per share, for the quarter ended December. Net profit for the first half slipped 2 per cent to S$164.2 million, or 15.3 Singapore cents per share.The market operator is declaring a dividend of four Singapore cents per share.Income from securities slipped one per cent to S$51.7 million in the quarter. Income from derivatives, however, rose 46 per cent to S$76.4 million.
  • The world’s biggest miner BHP Billiton Wednesday said it was cutting back its operating US shale oil rigs by 40 per cent amid slumping prices, but expected production output to rise for the financial year.BHP said it would reduce the number of rigs from 26 to 16 by the end of the June in response to weaker oil prices. “In petroleum, we have moved quickly in response to lower prices and will reduce the number of rigs we operate in our onshore US business by approximately 40 per cent by the end of this financial year.

STOCK RECOMMENDATION :

  • BUY CWT LTD ABOVE 1.720 TARGET 1.750 1.810 SL 1.670

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

21Jan

Comex Trading Signals and Market News – 21 January 2015

INTERNATIONAL COMMODITY NEWS :

Gold prices held mostly flat in Asia on Wednesday with investors looking ahead to events in Europe on the euro and Greece. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded up 0.02% to $1,293.40 a troy ounce.Overnight, gold extended gains to trade near the $1,300-level on Tuesday, as investors looked ahead to the European Central Bank’s policy meeting later this week to see if it would launch a government bond-buying program.

Crude oil prices eased in early Asia on Wednesday as markets look ahead to data on U.S. supplies.The American Petroleum Institute will release its estimates of U.S. stockpiles of crude and refined products last week. The data is a day late because of a public holiday in the U.S. on Monday.That means the more closely watched data by the U.S. Department of Energy on U.S. supplies will come a day later on Thursday.On the New York Mercantile Exchange, crude oil for delivery in March eased 0.07%, to trade at $46.64 a barrel. The International Monetary Fund cut its global growth forecast for 2015 to 3.5% from a previous estimate of 3.8%, citing slowing economies in China, Russia, the euro zone and Japan. Meanwhile, official data released Tuesday showed that China’s economy grew 7.4% in 2014 from a year earlier, below the government’s official target of 7.5% and the slowest pace since 1990. It expanded 7.7% in 2013.

• U.S. natural gas prices sold off on Tuesday, after forecasts called for a late-January warm-up that was expected to limit demand for the heating fuel.On the New York Mercantile Exchange, natural gas for delivery in February tumbled 23.3 cents, or 7.45%, to trade at $2.894 per million British thermal units during U.S. morning hours, after hitting a daily low of $2.888, the weakest level since January 13. Nymex floor trading was closed Monday for the Martin Luther King Jr. holiday and transactions will be booked with Tuesday’s for settlement purposes. On Friday, natural gas declined 3.1 cents, or 0.98%, to settle at $3.127.

Copper prices fell sharply on Tuesday, after data showed that China’s economy grew at the slowest pace in 24 years last year. On the Comex division of the New York Mercantile Exchange, copper for March delivery slumped 4.9 cents, or 1.87%, to trade at $2.568 a pound during European morning hours, after hitting a session low of $2.563. Futures were likely to find support at the $2.517, the low from January 15, and resistance at $2.634, the high from January 16. Official data released earlier showed that China’s economy grew 7.4% in 2014 from a year earlier, below the government’s official target of 7.5% and the slowest pace since 1990.In the fourth quarter, China’s economy expanded at an annual rate of 7.3%, beating expectations for 7.2% and holding steady from the prior quarter.

TRADING STRATEGY :

  • BUY GOLD ABOVE 1300 TARGET 1305 1311 SL 1294
  • SELL GOLD BELOW 1285 TARGET 1280 1274 SL 1291

For more information about Comex Commodity Market Trading or Signals, Please visit- EPIC RESEARCH PRIVATE LIMITED.

21Jan
forex-market-hours

IForex Market Trading Signals and News – 21 January 2015

TRADING TIPS :

  • Forex-Dollar remains broadly higher vs. other majors in cautious trade.
  • Forex- GBP/USD rises off multi-month lows in quiet trade.
  • Forex-Dollar rises to one week highs vs. yen after China GDP data.

GBP/USD
GBP/USD hit 1.5144 during European morning trade, the pair’s lowest since January 8; the pair subsequently consolidated at 0.7656, rising 0.28%.Cable was likely to find support at 1.5032, the low of January 8 and an 18- month low and resistance at 1.5236, the high of January 16.The dollar remained broadly supported after the Swiss National Bank shocked markets last Thursday by abandoning its three-year old 1.20 per euro exchange rate cap. Meanwhile, sentiment on the pound remained vulnerable after data last week showed that the annual rate of consumer inflation in the U.K. slowed to 0.5% last month from 1.0% in November. The slowdown in inflation underlined expectations that the Bank of England will keep interest rates on hold at record lows for most of this year.

EUR/USD
EUR/USD was steady at 1.1610 following the release of the data, holding above last Friday’s 11-year trough of 1.1459. The euro remained under pressure as investors waited to see if the ECB would embark on an outright quantitative easing program at its upcoming meeting on Thursday.The single currency has been pressured lower by mounting expectations that the ECB will launch a government bond-buying program, in a bid to stave off the threat of deflation in the euro area.Uncertainty over the outcome of Greek elections, due to be held on Sunday, with anti-bailout party Syriza leading in the polls also weighed.

RECOMMENDATION :

1. Buy GBP/USD Above 1.5175-TG: 1.5195/1.5225 SL 1.5145
2. Sell GBP/USD Below 1.5114-TG: 1.5094/1.5064 SL 1.5144

For more information about Forex Signals and Market Updates, please visit EPIC RESEARCH PRIVATE LIMITED.

21Jan
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 21 January 2015

MARKET UPDATES :

  • SINGAPORE shares end higher on Tuesday.The Straits Times Index gained 26.32 points to 3,334.02.Some 1.23 billion shares, valued at S$949.7 million were traded. Gainers numbered 275 while losers numbered 147.
  • Singapore’s sovereign wealth fund GIC is investing 10.2 billion rupees (US$165.5 million) in India’s Bandhan Financial Services, which is setting up one of the country’s two newest banks, Bandhan’s chairman said on Tuesday.The company will get a total equity investment of 16 billion rupees, including 5.8 billion rupees from existing investor IFC, Bandhan Chairman Chandra Shekhar Ghosh told Reuters.
  • The guide shows that in Singapore, 59 per cent of employers increased salaries in their last review by 3 to 6 percent, while 8 per cent gave staff an increase of between 6 and 10 per cent. A further 5 per cent increased above 10 per cent.At the other end of the scale, 22 per cent gave increases of less than 3 per cent, and the final 6 per cent of employers gave no increases at all.
  • Credit Suisse Group AG sued REI Agro Ltd. in Singapore claiming the Indian basmati rice producer and 16 related companies conspired to get loans for non-existent trades of the staple.REI Agro founders Sandip and Sanjay Jhunjhunwala used a web of sham rice-trading companies in Singapore and Hong Kong to support a 2012 US$115.5 million loan agreement by REI Agro’s Dubai-based Ammalay Commoditiess JLT, according to a lawsuit in the Singapore High Court.
  • EARNINGS of Keppel Infrastructure Trust (KIT) for the full financial year ended Dec 31, 2014, were lower from a year ago due to lower production of NEWater, lower power tariff from plunging oil prices and higher trust expenses.Profit was 10.4 per cent lower at S$12.7 million from a year ago.
  • MAPLETREE Logistics Trust on Monday reported a distribution per unit (DPU) of 1.87 Singapore cents for its third quarter ended Dec 2014. This was just a tad higher than the 1.84 cents that it paid out a year ago.This came on the back of a 2.7 per cent increase in its total amount distributable to unitholders to S$46.19 million,Gross revenue rose 6.2 per cent to S$82.92 million, helped by contribution from six properties acquired in China, Singapore, Malaysia and South Korea during this financial year, as well as from Mapletree Benoi Logistics Hub and higher revenue from its existing assets.
  • Petronas plans to cut workforce by more than 10%. Petronas has total staff strength of 49,193 according to 2013 annual report. Petronas also plans to defer capital expenditures and cut operational spending in response to the 60% decline in oil prices. The deferments would reflect the change of environment in the global oil and gas industry to ensure its resilience through the low oil price period.

STOCK RECOMMENDATION :

  • BUY CAPCOM TRUST ABOVE 1.840 TARGET 1.880 1.950 SL 1.790

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

20Jan

Comex Trading Signals and Market News – 20 January 2015

INTERNATIONAL COMMODITY NEWS :

Oil markets dipped on Tuesday as China’s economic growth for 2014 undershot a government target and hit its weakest annual expansion in 24 years, adding to worries in energy markets already suffering from slowing demand and oversupply.The world’s second- largest economy grew 7.4 percent last year, China’s National Bureau of Statistics said, less than the target of 7.5 percent. Growth in the fourth quarter held at its weakest in nearly six years, although coming in slightly better than expected at 7.3 percent.

Gold prices rebounded slightly in Asia on Tuesday mainly on improved physical demand and shrugging off data from China that suggested further monetary easing ahead.China said full year growth rose 7.4% in 2014, the slowest pace in 24 years, but quarterly data beat expectations.China’s fourth quarter GDP rose 7.3%, industrial production gained 7.9% in December and and retail sales increased 11.9%, all beating expectations. Economists expected the government to report that the economy expanded 7.2% year-on-year in the final three months of last year, down on the third quart

Copper fell sharply on Monday, as investors looked ahead to a raft of Chinese economic data due on Tuesday for further indications on the strength of the economy and the future path of monetary policy.On the Comex division of the New York Mercantile Exchange, copper for March delivery slumped 5.1 cents, or 1.93%, to trade at $2.567 a pound during U.S. morning hours. Trade volumes were expected to remain light on Monday, with U.S. markets closed for a holiday.

• U.S. natural gas prices plunged sharply on Monday, as weather forecasts predicted temperatures across the U.S. would not be as cold as previously thought, dampening near-term demand expectations for the heating fuel.On the New York Mercantile Exchange, natural
gas for delivery in February tumbled 12.0 cents, or 3.85%, to trade at $3.007 per million British thermal units during U.S. morning hours, after hitting a daily low of $2.978.

• Iran sees no sign of a shift within OPEC toward action to support oil prices, its oil minister said, adding its oil industry could ride out a further price slump to $25 a barrel. The comments are a further sign that despite lobbying by Iran and Venezuela, there is little chance of collective action by the 12-member OPEC to prop up prices – entrenching the reluctance of individual members to curb their own supplies.

TRADING STRATEGY :

  • BUY GOLD ABOVE 1282 TARGET 1287 1293 SL 1276
  • SELL GOLD BELOW 1271 TARGET 1266 1260 SL 1277

For more information about Comex Commodity Market Trading or Signals, Please visit- EPIC RESEARCH PRIVATE LIMITED.

20Jan

IForex Market Trading Signals and News – 20 January 2015

TRADING TIPS :

  • Forex-Japanese yen slightly weaker ahead of China GDP.
  • Forex- USD/CAD almost unchanged, near more than 5-year highs.
  • Forex-Dollar remains within close distance of multi-year highs in thin trade.

GBP/USD
GBP/USD hit 1.5234 during European morning trade, the session high; the pair subsequently consolidated at 1.5177, adding 0.18%.The dollar remained broadly supported after the Swiss National Bank abandoned its three- year old 1.20 per euro exchange rate cap in a shock move last Thursday.In addition, the University of Michigan said, in a preliminary report on Friday, that its consumer sentiment index rose to a 11-year high of 98.2 this month from 93.6 in December, compared to expectations for a rise to 94.1.The pound had come under pressure last week after data showed that the annual rate of consumer inflation in the U.K. slowed to 0.5% last month from 1.0% in November.The slowdown in inflation underlined expectations that the Bank of England will keep interest rates on hold at record lows for most of this year.

EUR/USD
EUR/USD gained 0.53% to 1.1628, pulling away from Friday’s 11-year lows of 1.1459.The euro remained under pressure amid mounting expectations that the European Central Bank will launch a government bond-buying program at its meeting on Thursday, in a bid to stave off the threat of deflation in the euro area.An interim ruling last Wednesday, which is likely to be accepted by the European Court of Justice, said the ECB was free to pursue a bond purchasing program without legal challenge.Last Thursday, the Swiss National Bank abandoned its three- year old 1.20 per euro exchange rate cap in a shock move, signaling that it expects the ECB to act this week.

RECOMMENDATION :

1. Buy GBP/USD Above 1.5103-TG: 1.5123/1.5153 SL 1.5073
2. Sell GBP/USD Below 1.5050-TG: 1.5020/1.4990 SL 1.5080

For more information about Forex Signals and Market Updates, please visit EPIC RESEARCH PRIVATE LIMITED.

20Jan
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 20 January 2015

MARKET UPDATES :

  • THE Singapore economy, as a net importer of oil, stands to benefit from lower global oil prices, said Trade and Industry Minister Lim Hng Kiang in Parliament on Monday.A drop in oil prices will translate into lower electricity tariffs and fuel costs, which will directly benefit businesses and consumers, he said in response to queries by several MPs on the impact of the decline in oil prices in Singapore.Global oil prices have fallen sharply in recent months on the back of sluggish global demand and strong supply conditions. Since June 2014, the benchmark Brent oil price has declined from a peak of US$115 per barrel to around US$50 per barrel recently.
  • SINGAPOREANS are one step closer to access to universal health coverage as Parliament on Monday tabled the MediShield Life Scheme Bill, which provides for its implementation and administration.The Bill sets out the coverage and benefits, establishment of the MediShield Life Council, access to information, recovery of premiums, and offences and penalties. In terms of coverage and benefits, the Bill allows deduction of Medisave monies for premium payments. For those below the age of 21, the premiums will be paid by their parents or legal guardians, if they do not have sufficient Medisave fund.
  • KEPPEL Reit has posted distribution per unit (DPU) of 1.51 Singapore cents for the fourth quarter ended Dec 31, 2014, down from 1.97 cents in the same year-ago period.Net property income eased 8.3 per cent to S$34.25 million – due mainly to the absence of contribution from Prudential Tower.The trust completed the divestment of its 92.8 per cent interest in Prudential Tower in September 2014. It also completed the acquisition of a one-third interest in Marina Bay Financial Centre Tower 3 on Dec 16, 2014.Keppel Reit’s net asset value per unit stood at S$1.41 as at Dec 31, 2014, one cent higher than a year earlier.
  • THE Singapore Exchange (SGX) will make a long-awaited change today to cut the size of its minimum trading unit – known as a standard board lot – from 1,000 to 100 shares.
  • First Real Estate Investment Trust – Growth Path Intact-:With locked-in master leases and revenue derived mostly from base rents, full year results came in well, with revenue (+12% YoY), NPI (+15% YoY) and DPU (+7% YoY) in-line with our forecasts. We like the continued DPU growth fuelled by acquisitions, though we keep our target price of S$1.38 unchanged. Full-year DPU of 8.05c translates to a yield of 6.3% – an attractive 4.5% spread over the 10-year risk free rate.
  • Cambridge Industrial Trust – High-yield play-:Revenues and net property income grew by 12.6% and 3.0% y-o-y respectively, mainly driven by contributions from a net increase in portfolio size (50 vs 47 properties). CREIT acquired S$140.8m worth of acquistions across 2014 which will contribute positively to earnings in 2015.

STOCK RECOMMENDATION :

  • BUY MAPLETREE TRUST ABOVE 1.230 TARGET 1.260 1.310 SL 1.180

For more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

© Copyright 2013, All Rights Reserved, Epic Research Pvt. Ltd.