Tuesday, July 20, 2021

Group 1 REITs Performance

 Group 1 REITs

ParkwayLife Reit (C2PU), very strong and stable REITs, the leader of this group. If you brought before March 2020 and still holding it, congratulations to you. The recovering from the crash is very strong and keep creating new ATH.

Pre-covid price is around $3.59 and now the price is $4.79. If you didn't panic sell and still holding, that's a 33.4% unrealise gain. If you are damn lucky to brought at the bottom of the crash, $2.56 at the support level and you still holding now, woah that's 87.1%. It's almost one in a live time thing to meet the crash, to have the money, the knowledge of what to buy and when to buy to pick this opportunities.

Back to present, Parkway REITs is doing very well in the group 1 and still leading the pack strongly. Many people will have this question, can I still buy it now? I will say wait for the correction and buy near the 200SMA. It has been on the uptrend and moving above 200SMA. If you look back, it's has a big correction on Oct 2020, a small one on March 2021. This is for long term investment and please do your own research before buying, I maybe wrong.


Ascendas REITs (A17U), stable REITs. Still recovering from the crash and correction. 

Pre-covid price around $3.30 and now is $3.04. If you didn't sell and still holding it, you are in the red -7.8%. If you are very lucky to pick this counter during crash, around the support level of $2.48, you are making a 22.5% unrealise gain.

Ascendas REITs recover from the crash strongly with a sharp V shape, but fall into a big correction and still struggling to recover. Hopefully, it can stay above 200SMA and test the $3.12 resistance level. Is it a good buy now? I will say any price below $3.00 is a good buy. It's has been trying to stay above $3.00 but fall back a few times. This is for long term investment and please do your own research before buying, I maybe wrong.


Mapletree Ind REITs (ME8U), very strong and stable REITs with more data centre on the way. Finally back to pre-covid price.

Similar to Ascendas REITs chart, MINT recover from the crash strongly with a sharp V shape, but fall into a big correction and slowly recover to pre-covid price. Pre-covid price around $2.87 and now is the same price. If you didn't sell and still holding it, you are breakeven. If you are very lucky to pick this counter during crash, around the support level of $2.02, you are making a 42% unrealise gain woah.

I initially thought that it will rebound at the $2.85 range after correction but it continue to fall another 12%. I brought at around $2.85 thinking I'm buying at a good price, nvm this is for long term investment. Is this still a good price to buy? I will say yes, MINT is acquiring DC centre very aggressively, DPU is slowly increasing and still payout quarterly. This is for long term investment and please do your own research before buying, I maybe wrong and I'm vested.


Keppel DC REITs (AJBU), a 100% data centre REITs. It's a stable REITs.

Pre-covid price around $2.50 and now is $2.60. If you didn't sell and still holding it, you are in the green with just 4%. If you are very lucky to pick this counter during crash, around the support level of $1.77, you are making a 46.8% unrealise gain woah.

Similar to Ascendas REITs and Mapletree Ind REITs chart, KDC recover from the crash strongly with a sharp V shape and continue to create ATH at $3.14 but didn't stay long and fall into a big 22% correction. Currently, just breakout from the down trend but heavy selling on Monday push down the price. Will continue to stay around current price range unless a true breakout to form a reversal. 

Is this still a good price to buy? I will say wait for it to breakout. Price may continue to fall lower if not enough buyers to support it. Please DYODD.

Overall, owning REITs in this group is still strong and stable. They are able to sustain even a big crash like March 2020. Stable REITs is good for passive income, you don't have to worry if there is another crash. My portfolio is small so it's not easy to own group 1 REITs so I pick the best MINT but miss the top of the REITs, heart pain haha. I have been lazy to do write blog, will try to update more blogs in the future, thanks for the support.







No comments:

Post a Comment

Group 1 REITs Performance

 Group 1 REITs ParkwayLife Reit (C2PU) , very strong and stable REITs, the leader of this group. If you brought before March 2020 and still ...