[The Business Times: S-Reits under S$1b lead sector in Q1 2021]
▪️Eleven smaller cap Reits in the iEdge S-Reit Index with market capitalisation under S$1 billion have all generated positive returns in Q1 2021.
▪️The 11 Reits posted 14.0% total returns in the year-to-date (YTD) through to April 8, outperforming the index's 2.4% total returns.
▪️The top five best performing smaller cap Reits of the index in the YTD through to April 8 are: ARA Logos Logistics Trust (25.6%), Sabana Shari'ah Compliant Reit (23.9%), ARA US Hospitality Trust (22.2%), First Reit and Lippo Malls Indonesia Retail Trust (both 16.9%).
Read more: https://bit.ly/3a2B3yR
📚 Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs.
▪️Eleven smaller cap Reits in the iEdge S-Reit Index with market capitalisation under S$1 billion have all generated positive returns in Q1 2021.
▪️The 11 Reits posted 14.0% total returns in the year-to-date (YTD) through to April 8, outperforming the index's 2.4% total returns.
▪️The top five best performing smaller cap Reits of the index in the YTD through to April 8 are: ARA Logos Logistics Trust (25.6%), Sabana Shari'ah Compliant Reit (23.9%), ARA US Hospitality Trust (22.2%), First Reit and Lippo Malls Indonesia Retail Trust (both 16.9%).
Read more: https://bit.ly/3a2B3yR
📚 Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs.
[Partner's post] (Smartkarma Corporate Webinar): On 14 April, 5pm SGT, join us as we are delighted to welcome Insight Provider Kyle Rudden, to discuss the rising ecosystem of index providers and the SRI (sustainable and responsible investing) and ESG (Environmental, Social, and Governance) indices and benchmarks they create, enabling the current growth in sustainable investing.
Register here: https://bit.ly/3dWubEh
Register here: https://bit.ly/3dWubEh
🗞 My Gateway Newsletter highlights of the week:
Singapore's 21 most traded non-STI stocks in the 2021 YTD have traded S$220 million in turnover a day, 15% of the total turnover of all stocks and trusts listed on SGX. Key contributors to trading activity included stock capitalisation, previous earnings reports, and economic drivers, namely semiconductor demand and defensive COVID-19 traits.
Read more: https://bit.ly/3dekH84
📨 Subscribe to My Gateway Newsletter https://bit.ly/31mhbCr to receive weekly curation of market news and events.
Singapore's 21 most traded non-STI stocks in the 2021 YTD have traded S$220 million in turnover a day, 15% of the total turnover of all stocks and trusts listed on SGX. Key contributors to trading activity included stock capitalisation, previous earnings reports, and economic drivers, namely semiconductor demand and defensive COVID-19 traits.
Read more: https://bit.ly/3dekH84
📨 Subscribe to My Gateway Newsletter https://bit.ly/31mhbCr to receive weekly curation of market news and events.
📽️ SGX Facebook Live: Eurasia's 2021 Macro Outlook - Could Singapore be the region's hydrogen hub in the making?
Date/Time: 20 Apr (Tuesday), 10am.
Hydrogen is emerging as a key element of the clean energy transition. Clean hydrogen can be produced from renewable power (green hydrogen), or by capturing and storing greenhouse gas emissions from fossil fuel production like natural gas (blue hydrogen). Eurasia Group, a political risk consultancy, believes that Singapore has the potential to position itself as a key hydrogen trading hub of the Asia/Pacific region.
Join us as we hear from Eurasia Group's Director of Energy, Climate & Resources Henning Gloystein as he elaborates on Singapore's prospects in positioning itself at the heart of this major emerging industry.
Register your interest to receive notification when we go live! ➡️ https://bit.ly/3e45QfK
Do you have a question about the topic for the Speaker? Submit your question here: https://pigeonhole.at/FBLIVE20APR
Date/Time: 20 Apr (Tuesday), 10am.
Hydrogen is emerging as a key element of the clean energy transition. Clean hydrogen can be produced from renewable power (green hydrogen), or by capturing and storing greenhouse gas emissions from fossil fuel production like natural gas (blue hydrogen). Eurasia Group, a political risk consultancy, believes that Singapore has the potential to position itself as a key hydrogen trading hub of the Asia/Pacific region.
Join us as we hear from Eurasia Group's Director of Energy, Climate & Resources Henning Gloystein as he elaborates on Singapore's prospects in positioning itself at the heart of this major emerging industry.
Register your interest to receive notification when we go live! ➡️ https://bit.ly/3e45QfK
Do you have a question about the topic for the Speaker? Submit your question here: https://pigeonhole.at/FBLIVE20APR
Frasers L&C Trust Joins STI, Boosting the Benchmark's REIT Exposure to 15%
🏢 Effective 13 April 2021, Frasers Logistic & Commercial Trust has joined the STI with an indicative weight of 1.3%, taking the number of REITs within the STI to seven, with a combined Index weight of 15%. This makes REITs the third largest Sector by Index weight of the STI after Financials and Industrials.
Read full article: https://bit.ly/2QoKt0I
📚 Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs.
🏢 Effective 13 April 2021, Frasers Logistic & Commercial Trust has joined the STI with an indicative weight of 1.3%, taking the number of REITs within the STI to seven, with a combined Index weight of 15%. This makes REITs the third largest Sector by Index weight of the STI after Financials and Industrials.
Read full article: https://bit.ly/2QoKt0I
📚 Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs.
SGX Research - SREITs & Property Trusts Chartbook - April 2021
🏙️ SGX lists 43 REITs & Property Trusts with a combined market cap of S$110B. Average yield spread is at 340bps, with average dividend yield at 5.8%. SREITs are now trading at P/B of 1.01x.
Download chartbook at: https://bit.ly/3g7YLxB
Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs."
🏙️ SGX lists 43 REITs & Property Trusts with a combined market cap of S$110B. Average yield spread is at 340bps, with average dividend yield at 5.8%. SREITs are now trading at P/B of 1.01x.
Download chartbook at: https://bit.ly/3g7YLxB
Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs."
<Analyst Spotlight for 15 Apr 2021>
➡️ Company update on Jiutian Chemical Group Ltd (C8R): Riding the upturn (CGS-CIMB) https://bit.ly/2RASO1S
1. Driven by downstream demand, Jiutian's product Dimethylformamide (DMF) prices continue on uptrend YTD to Rmb11,000/ton (+40% YTD, +120% yoy)
2. CGS-CIMB expects 1Q21F to see record profits, with 28-fold increase yoy in core net profit
3. Maintain ADD with an unchanged TP of S$0.135 (5.7x FY22F P/E)
➡️ Company update on Frasers Centrepoint Trust (J69U): Leaner and keener to excel (DBS Research) https://bit.ly/3geNNGr
1. Portfolio of suburban malls remain operationally sound; leaner portfolio of dominant malls to drive outperformance to peers
2. DBS projects DPU in FY21 to be c.4% higher than pre-COVID-19 levels, ahead of peer growth rate
3. Maintain BUY and TP of S$3.00, implying a target yield of 4.2%
➡️ Company initiation on Hong Leong Asia (H22): There is more value in the break-up (CGS-CIMB) https://bit.ly/3wXZZ4f
1. CGS-CIMB forecasts 54% NPAT growth in FY21F for HLA, riding on strong diesel engine sales in CN and construction activity recovery in SG
2. Potential secondary listing of its diesel engine arm China Yuchai could be a key re-rating catalyst. CYD trades at 5.6x CY22F P/E, c.60% discount vs. peers
3. Initiate with ADD (SOP-based TP of S$1.18), valuing engine/building materials at 8/12x FY22F P/E respectively, supported by S$114m ex-CYD net cash
🗂 For more broker research reports: https://bit.ly/318TlLk
➡️ Company update on Jiutian Chemical Group Ltd (C8R): Riding the upturn (CGS-CIMB) https://bit.ly/2RASO1S
1. Driven by downstream demand, Jiutian's product Dimethylformamide (DMF) prices continue on uptrend YTD to Rmb11,000/ton (+40% YTD, +120% yoy)
2. CGS-CIMB expects 1Q21F to see record profits, with 28-fold increase yoy in core net profit
3. Maintain ADD with an unchanged TP of S$0.135 (5.7x FY22F P/E)
➡️ Company update on Frasers Centrepoint Trust (J69U): Leaner and keener to excel (DBS Research) https://bit.ly/3geNNGr
1. Portfolio of suburban malls remain operationally sound; leaner portfolio of dominant malls to drive outperformance to peers
2. DBS projects DPU in FY21 to be c.4% higher than pre-COVID-19 levels, ahead of peer growth rate
3. Maintain BUY and TP of S$3.00, implying a target yield of 4.2%
➡️ Company initiation on Hong Leong Asia (H22): There is more value in the break-up (CGS-CIMB) https://bit.ly/3wXZZ4f
1. CGS-CIMB forecasts 54% NPAT growth in FY21F for HLA, riding on strong diesel engine sales in CN and construction activity recovery in SG
2. Potential secondary listing of its diesel engine arm China Yuchai could be a key re-rating catalyst. CYD trades at 5.6x CY22F P/E, c.60% discount vs. peers
3. Initiate with ADD (SOP-based TP of S$1.18), valuing engine/building materials at 8/12x FY22F P/E respectively, supported by S$114m ex-CYD net cash
🗂 For more broker research reports: https://bit.ly/318TlLk
SGX Research's kopi-C: MC Payment Capitalises on Digital Commerce Boom
Recently, we spoke with Anthony Koh, Co-Founder and CEO of SGX-listed digital payments services firm MC Payment Ltd. Read on to find out how the 50-year-old plans to capitalise on the significant and expanding opportunities in the Asian digital payments market to grow the fintech company.
Read more at: https://bit.ly/3wYtO4F
🕹 Plug into SGX Stock Screener https://bit.ly/2H3kqrh to access the stocks fundamentals on all SGX-listed stocks.
Recently, we spoke with Anthony Koh, Co-Founder and CEO of SGX-listed digital payments services firm MC Payment Ltd. Read on to find out how the 50-year-old plans to capitalise on the significant and expanding opportunities in the Asian digital payments market to grow the fintech company.
Read more at: https://bit.ly/3wYtO4F
🕹 Plug into SGX Stock Screener https://bit.ly/2H3kqrh to access the stocks fundamentals on all SGX-listed stocks.
🎙️ Podcast: In ’Market View Wrap’ ending this week, Geoff Howie, SGX Market Strategist joins Claressa Monteiro and Finance Presenter JP Ong to provide a summary of the trading week with focus Singapore's non-oil exports surge in March, beating forecasts, chip shortage crunch worldwide, US retail sales exploded in March and many more.
Tune in for more: https://bit.ly/3tuni3O
Tune in for more: https://bit.ly/3tuni3O
Next Monday, join us on Facebook Live http://bit.ly/3cIxdNt at 8.45am SGT as we countdown to the listing of Econ Healthcare on SGX Catalist!
With a track record of 30 years, Econ Healthcare is the largest private nursing home operator by revenue in Singapore and Malaysia, primarily providing residential nursing care, home care, rehabilitation, clinical as well as Traditional Chinese Medicine services in 10 medicare centres and nursing homes. The group has also expanded into China with the establishment of Chongqing Nursing Home, which is expected to commence operations in 2021.
With a track record of 30 years, Econ Healthcare is the largest private nursing home operator by revenue in Singapore and Malaysia, primarily providing residential nursing care, home care, rehabilitation, clinical as well as Traditional Chinese Medicine services in 10 medicare centres and nursing homes. The group has also expanded into China with the establishment of Chongqing Nursing Home, which is expected to commence operations in 2021.
[The Business Times: Bulk of S-Reits in key global real estate indices]
▪️There are 23 SGX-listed real estate stocks in the FTSE EPRA Nareit Global Real Estate Index Series (a widely followed global benchmark with c.US$340bn AUM).
▪️ Of the 23, 19 are S-REITs & Property Trusts representing close to 80% of the S-REIT sector in Singapore. The 19 trusts generated average 5.3% total returns in YTD till April 15, reversing an average decline of 4.3% total returns in 2020.
Read more: https://bit.ly/3mZQJYR
🗂 Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs.
▪️There are 23 SGX-listed real estate stocks in the FTSE EPRA Nareit Global Real Estate Index Series (a widely followed global benchmark with c.US$340bn AUM).
▪️ Of the 23, 19 are S-REITs & Property Trusts representing close to 80% of the S-REIT sector in Singapore. The 19 trusts generated average 5.3% total returns in YTD till April 15, reversing an average decline of 4.3% total returns in 2020.
Read more: https://bit.ly/3mZQJYR
🗂 Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs.
SGX Top 10 Most Traded ETFs in 1Q 2021
In the first quarter of 2021, here are the 10 most actively traded Exchange Traded Funds (ETFs) by investors. In 1Q 2021, the Lion-OCBC Securities Hang Seng TECH ETF, Nikko AM SGD Investment Grade Corporate Bond ETF, and the Xtrackers MSCI China UCITS ETF joined the ranks of Singapore's 10 most traded ETFs, while the SPDR® Straits Times Index ETF displaced the SPDR® GOLD SHARES ETF as the most traded of Singapore ETF.
Read more: https://bit.ly/2QqB20v
🕹 Select an ETF that suits your investment appetite with ETF Screener: https://bit.ly/30a2j8W
In the first quarter of 2021, here are the 10 most actively traded Exchange Traded Funds (ETFs) by investors. In 1Q 2021, the Lion-OCBC Securities Hang Seng TECH ETF, Nikko AM SGD Investment Grade Corporate Bond ETF, and the Xtrackers MSCI China UCITS ETF joined the ranks of Singapore's 10 most traded ETFs, while the SPDR® Straits Times Index ETF displaced the SPDR® GOLD SHARES ETF as the most traded of Singapore ETF.
Read more: https://bit.ly/2QqB20v
🕹 Select an ETF that suits your investment appetite with ETF Screener: https://bit.ly/30a2j8W
🗞 My Gateway Newsletter highlights of the week:
On 17 April, the 7-day rolling average of daily new confirmed cases of COVID-19 moved above its January 2021 high, to 766,231 cases. Top Glove Corporation, Medtecs International, Riverstone Holdings, UG Healthcare and Aspen Group have all gained in the April month to 16 April, averaging 11.7% gains over the 11 sessions, bringing their average 2021 YTD total return to 8.0%. Read more: https://bit.ly/3sGICBX
📨 Subscribe to My Gateway Newsletter https://bit.ly/31mhbCr to receive weekly curation of market news and events.
On 17 April, the 7-day rolling average of daily new confirmed cases of COVID-19 moved above its January 2021 high, to 766,231 cases. Top Glove Corporation, Medtecs International, Riverstone Holdings, UG Healthcare and Aspen Group have all gained in the April month to 16 April, averaging 11.7% gains over the 11 sessions, bringing their average 2021 YTD total return to 8.0%. Read more: https://bit.ly/3sGICBX
📨 Subscribe to My Gateway Newsletter https://bit.ly/31mhbCr to receive weekly curation of market news and events.
📣 Five #SGX-listed companies are announcing their financial results this week, including STI constituent, Mapletree Logistics Trust.
📝 Bookmark our Economic Calendar https://bit.ly/3n4kFmR for a weekly update of key macroeconomic events, earnings releases and corporate actions in the global and Singapore markets!
📝 Bookmark our Economic Calendar https://bit.ly/3n4kFmR for a weekly update of key macroeconomic events, earnings releases and corporate actions in the global and Singapore markets!
Econ Healthcare - Largest Private Nursing Home Operator in SG & MY - Debuts on SGX
🧓👴 Econ Healthcare, a private nursing home operator in Singapore and Malaysia, made its debut on the SGX Catalist. It currently operates 10 medicare centres and nursing homes in Singapore, Malaysia and China. Tapping on the increasing demand of nursing homes and senior care services, Econ Healthcare secured their expansion pipeline for their near-term growth, venturing into China with the establishment of Chongqing Nursing Home expected to commence in 2021 and securing rights to operate two upcoming medicare centres and nursing homes in Singapore (located at Henderson and Jurong East).
Read full article: https://bit.ly/2RPdBPm
🧓👴 Econ Healthcare, a private nursing home operator in Singapore and Malaysia, made its debut on the SGX Catalist. It currently operates 10 medicare centres and nursing homes in Singapore, Malaysia and China. Tapping on the increasing demand of nursing homes and senior care services, Econ Healthcare secured their expansion pipeline for their near-term growth, venturing into China with the establishment of Chongqing Nursing Home expected to commence in 2021 and securing rights to operate two upcoming medicare centres and nursing homes in Singapore (located at Henderson and Jurong East).
Read full article: https://bit.ly/2RPdBPm
Recent Highlights of the iEdge S-REIT Leaders Index
🏢 The iEdge S-REIT Leaders Index has performed in-line with the biggest global REIT Indices over the past 5 years. After outpacing REIT indices in 2020, the Index has performed in-line with Asia Ex-Japan REITs in the YTD on capital flows to US stocks, in addition to rebalancing from last year's leaders to last year's laggards.
Read full article: https://bit.ly/3at1FJs
Visit https://bit.ly/3escX1j to understand the 5 financial metrics you need to know when evaluating stocks.
🏢 The iEdge S-REIT Leaders Index has performed in-line with the biggest global REIT Indices over the past 5 years. After outpacing REIT indices in 2020, the Index has performed in-line with Asia Ex-Japan REITs in the YTD on capital flows to US stocks, in addition to rebalancing from last year's leaders to last year's laggards.
Read full article: https://bit.ly/3at1FJs
Visit https://bit.ly/3escX1j to understand the 5 financial metrics you need to know when evaluating stocks.
SGX Research's kopi-C: Enviro-Hub Recycles E-Waste For Sustainable Future
Recently, we spoke with Raymond Ng, Executive Chairman of Mainboard-listed Enviro-Hub Holdings Ltd, which focuses on the trading, recycling and refining of e-waste/metals. Read on to find out how the 57-year-old plans to capitalise on sustainable growth opportunities that will provide recurring income streams for the Group and boost value for shareholders.
Read more: https://bit.ly/3enCVn6
🔎 Visit https://bit.ly/3escX1j to understand the 5 financial metrics you need to know when evaluating stocks
Recently, we spoke with Raymond Ng, Executive Chairman of Mainboard-listed Enviro-Hub Holdings Ltd, which focuses on the trading, recycling and refining of e-waste/metals. Read on to find out how the 57-year-old plans to capitalise on sustainable growth opportunities that will provide recurring income streams for the Group and boost value for shareholders.
Read more: https://bit.ly/3enCVn6
🔎 Visit https://bit.ly/3escX1j to understand the 5 financial metrics you need to know when evaluating stocks
🎙️ Podcast: In ’Market View Wrap’ ending this week, Geoff Howie, SGX Market Strategist joins Claressa Monteiro and Finance Presenter JP Ong to lookback at the STI Index, why trading appetite has been a little cautious, Singapore's inflation continues to rebound in March, rise in Singapore property prices and many more.
Tune in for more: https://bit.ly/3erighT
Tune in for more: https://bit.ly/3erighT
[The Business Times: Mapletree S-Reits grow and diversify]
▪️ Mapletree owns and manages S$60.5 billion worth of office, retail, logistics, industrial, data centre, residential and lodging properties in 13 markets globally.
▪️ Mapletree's four listed S-Reits have a combined market capitalisation exceeding S$25 billion and distribution yield ranging from 3.9 to 5.7 per cent.
▪️ The four S-Reits each have different mandates in industry sub-segments and geography, ranging from logistics, industrial and data centres to commercial and retail across Singapore, Asia, the US and Australia.
Read more: https://bit.ly/3eyGE15
📚 Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs
▪️ Mapletree owns and manages S$60.5 billion worth of office, retail, logistics, industrial, data centre, residential and lodging properties in 13 markets globally.
▪️ Mapletree's four listed S-Reits have a combined market capitalisation exceeding S$25 billion and distribution yield ranging from 3.9 to 5.7 per cent.
▪️ The four S-Reits each have different mandates in industry sub-segments and geography, ranging from logistics, industrial and data centres to commercial and retail across Singapore, Asia, the US and Australia.
Read more: https://bit.ly/3eyGE15
📚 Visit https://bit.ly/3ktBLbK to understand what you need to know about investing in REITs
Nine #SGX-listed companies will be announcing their financial results this week, including four #STI constituent, Mapletree Commercial Trust, Mapletree Industrial Trust, Wilmar International, and DBS.
📝 Bookmark our Economic Calendar https://bit.ly/2RV6wwy for a weekly update of key macroeconomic events, earnings releases and corporate actions in the global and Singapore markets!
📝 Bookmark our Economic Calendar https://bit.ly/2RV6wwy for a weekly update of key macroeconomic events, earnings releases and corporate actions in the global and Singapore markets!
🗞 My Gateway Newsletter highlights of the week:
The FTSE ST China Index is comprised of the 15 constituents of the FTSE ST All-Share Index that either report more than 50% of revenue or more than 50% of assets to China. The FTSE ST China Index has seen net institutional and net proprietary inflows of S$181 million in the 2021 YTD.
Read more: https://bit.ly/32X7yu9
📨 Subscribe to My Gateway Newsletter https://bit.ly/31mhbCr to receive weekly curation of market news and events.
The FTSE ST China Index is comprised of the 15 constituents of the FTSE ST All-Share Index that either report more than 50% of revenue or more than 50% of assets to China. The FTSE ST China Index has seen net institutional and net proprietary inflows of S$181 million in the 2021 YTD.
Read more: https://bit.ly/32X7yu9
📨 Subscribe to My Gateway Newsletter https://bit.ly/31mhbCr to receive weekly curation of market news and events.