Last Price
1.12
Today's Change
-0.03 (2.608%)
Day's Change
1.12 - 1.16
Trading Volume
17,593,600
Analysis
Discussions
1 person likes this. Showing 14 of 16 comments
Suntec REIT – Will It End The Strong Rebound?
From the weekly chart, we can clearly see that Suntec REIT has been in a downtrend over the past two month.
Generally, it is relatively safe to sit on the short side. For the past two weeks, Suntec REIT rebounded strongly without any deep pullback. It will be relatively safe to short on rebound when bulls used up their energy.
Despite Suntec REIT went up yesterday, it was not able to hold at high end when the market closed. This indicates that sellers may start to control this stock for the next few days. One may consider shorting if it rebounds to around 50 percent Fibonacci retracement level.
2013-07-10 11:50
Suntec Reit will be included in the MSCI Singapore Index @ SiMSCI, replacing Olam International. effective date is on 26th Nov.
2014-11-20 20:56
This reit has done well for me but i think they are facing a lot of headwinds on the retail front. Do see my qualitaive assessment of this counter after I have attended the AGM.
http://wealthdirections.asia/denied-entry-to-suntec-reit-agm/
2015-05-09 18:37
Despite all the headwinds, Suntec REIT managed to declare higher DPU of 2.75 which is 10% higher compare to same period last year. With NTA 2.06, This is real good opportunity to collect and wait for recovery time.
2016-02-07 00:23
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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....
steve84
Let's start comment here!
2013-07-09 15:33