The REIT sector has been hit badly by the rising 10 year US treasury yield and the Fed might not cut rates this year due to persistent inflation in the US. As a result, the FTSE REIT index has fallen 13.48% for the first half of the year. The REIT sector may not improve in
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Excerpts from UOBKayHian report Mapletree Logistics Trust (SGX: M44U) Mapletree Logistics Trust (MLT) eked out positive rental reversions of 2.9% in 4QFY24 driven by Singapore (+11.1%), despite the drag from China (-10.0%). Portfolio occupancy was stable at 96.0% as of Mar 24. MLT’s properties in Tier 1 cities, such as Shanghai and Guangzhou, are well
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Finding stocks that are ignored by the market may not be a fantastic way but in actual fact can be a great investment strategy to make outsize gains. These stocks can potentially have massive upside when the masses discover them. With declining US dollar due to the massive money printing by the FED previously and
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Excerpts from UOBKayHian report Wilmar International Limited (SGX: F34) Wilmar International 1Q24 results came in below expectations due to lower-than-expected margins from feed & industrial products. The weakness is attributable to weaker-than-expected margins despite the higher sales volume. Note that the China food products segment has continued to improve, with stronger sales volume and better
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