Dear readers, it is time to take a look at the oversold Singapore Reits and Trusts right now.
As a recap, the oversold Singapore Reits and Trusts as of 6 Oct 2020 are as follows:
ARA LOGOS Logistics Trust
BHG Retail Trust
Dasin Retail Trust
Frasers Centrepoint Trust
Lippo Malls Trust
OUE Commercial Trust
Five Oversold Trusts to be specific.
As of yesterday, these five oversold Trusts are no longer oversold as they are replaced by three oversold Singapore Reits as follows:
First Reit
Keppel Pacific Oak Reit USD
SPH Reit
Not only are these three Singapore Reits oversold, they are also undervalued with each having a Price-to-Book ratio of below 1 as follow.
First Reit (0.421)
SPH Reit (0.819)
Keppel Pacific Oak Reit USD (0.877)
For investors interested in Reits and Trusts, please do your own due diligence. Some Singapore Reits and Trusts seem no longer as defensive plays or plays with the coveted high yields as before.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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