OUEREIT    Last:0.35   -

OUE Comm-REIT is taking off, Hurry !

Havent quite seen this stock trade at 10% yield - value trap or an opportunity? They have a good portfolio of quality assets though - can imagine with F1, their hotels with Hilton and Crown Plaza should both benefit from the high revpar. Their commercial assets also have occupancy in excess of 95% mostly except for one small asset in Shanghai. 

 

Next week maybe can see 20cent. See the seller sell down. The volume very high. Something we may not know.

 

Knn dead duck, really

 

Chui. Other reits are looking up yet this fellow tried and successfully achieved new low!!! Luckily testing with small position first. Dare we say it may go below 20 cents? Right there waiting. 

HVRRVH      ( Date: 31-Aug-2023 11:31) Posted: Valuation is too good too resist. Establish a fresh position with 35,000 shares first. For the past few days/weeks, it seems to be the target of major selling amid a general weak/weakening SReits market. Ample room to average down if it continue to sell down.

 

There is a difference between a reputable counter tanking like last time Semb Ind tanked to $1 or SIA tanked to $3.x
and a lousy counter like OUE Comm reit which has the same sponsor as Lippo tanking.

Reputable counter tanking u know u catch will go back up. Lousy counter tanking u catch liao may never go back again like Lippo or EC reit etc..

I would classify this OUE Comm reit as a lousy counter

Wbuffet      ( Date: 15-Sep-2023 14:18) Posted: Wonder if this is due to BB shorting or confident crisis of its future?

 

Wonder if this is due to BB shorting or confident crisis of its future?

 

No bottom insight, you thought 0.22 its lowest, it show u 0.215. Next week if Fed increase .25%, this will continue to drop..

This is a classic, cheap can be cheaper.

Dyodd.

 

Precisely so undervalued but share price keep tanking is like Lippo lo.. lippo same sponsor

RickyCheng      ( Date: 15-Sep-2023 09:38) Posted: Valuation  0.359.  66% > 22cents. Wow!

 

Valuation  0.359.  66% > 22cents. Wow!

 

https://www.eventbrite.sg/e/reits-report-cresting-the-rate-hikes-tickets-708376000687?aff=oddtdtcreator

Smallinvestor      ( Date: 10-Sep-2023 22:38) Posted: Saw on linkedin. Monday, 18 September. REITs Report: Cresting the Rate Hikes. Organised by The Edge. Don't know what the CEO for these 3 terribly dropping reits(based on percentage drop of share prices) will be talking? Also don't know why The Edge didn't invite other more successful Reit CEO to attend? Hope these 3 CEO don't blame all on the interest rate hike for the falling of their share prices. I believed something be wrong somewhere. Hope they have already realised what happened.

 

Saw on linkedin. Monday, 18 September. REITs Report: Cresting the Rate Hikes. Organised by The Edge. Don't know what the CEO for these 3 terribly dropping reits(based on percentage drop of share prices) will be talking? Also don't know why The Edge didn't invite other more successful Reit CEO to attend? Hope these 3 CEO don't blame all on the interest rate hike for the falling of their share prices. I believed something be wrong somewhere. Hope they have already realised what happened.

 

Check the next SGX Institutional and Retail Fund Flow Weekly Tracker that should be out soon. It will probably provide some guidance.

HVRRVH      ( Date: 31-Aug-2023 21:01) Posted: There were a few big married deals right at the end of market closing at 23.5. We don?t know who was/were eager to let go, seemingly don?t even mind at lower prices. The selling appeared to be position clearing kind of selling. Interesting to observe whether the sellers are done with their business. Smallinvestor      ( Date: 31-Aug-2023 20:03) Posted: Today volume extremely high

 

One of the few stocks that were excluded from MSCI Small Cap Index which took effect at close of market today hence the recent selling pressure on the stock. Quite a shame given the portfolio of quality assets and resilient fundamentals of the business. Lets see if the share price can recover next week post the sell-off by index funds today.

Valuations are looking very attractive at 0.4x PB and 9% yield and despite the recovering market, it trades at substantially lower multiples even relative to Covid times. Will see if its just a technical sell-off by index funds given the exclusion and where market believes its fair value should be.

HVRRVH      ( Date: 31-Aug-2023 21:01) Posted: There were a few big married deals right at the end of market closing at 23.5. We don?t know who was/were eager to let go, seemingly don?t even mind at lower prices. The selling appeared to be position clearing kind of selling. Interesting to observe whether the sellers are done with their business. Smallinvestor      ( Date: 31-Aug-2023 20:03) Posted: Today volume extremely high

 

There were a few big married deals right at the end of market closing at 23.5. We don?t know who was/were eager to let go, seemingly don?t even mind at lower prices. The selling appeared to be position clearing kind of selling. Interesting to observe whether the sellers are done with their business.

Smallinvestor      ( Date: 31-Aug-2023 20:03) Posted: Today volume extremely high. HVRRVH      ( Date: 31-Aug-2023 11:31) Posted: Valuation is too good too resist. Establish a fresh position with 35,000 shares first. For the past few days/weeks, it seems to be the target of major selling amid a general weak/weakening SReits market. Ample room to average down if it continue to sell down.

 

Today volume extremely high.

HVRRVH      ( Date: 31-Aug-2023 11:31) Posted: Valuation is too good too resist. Establish a fresh position with 35,000 shares first. For the past few days/weeks, it seems to be the target of major selling amid a general weak/weakening SReits market. Ample room to average down if it continue to sell down.

 

Valuation is too good too resist. Establish a fresh position with 35,000 shares first. For the past few days/weeks, it seems to be the target of major selling amid a general weak/weakening SReits market. Ample room to average down if it continue to sell down. 

 

Institution net sell for this counter if you look at the 21 Aug 2023 week in the SGX website.

Smallinvestor      ( Date: 31-Aug-2023 09:00) Posted: There are a lot of short seller in this counter. 30 aug 2023, OUE Com Reit 6621300 shares shortsell, SGD1591174.5.

 

There are a lot of short seller in this counter. 30 aug 2023, OUE Com Reit 6621300 shares shortsell, SGD1591174.5.

 

0.24?! A mammoth reit at this price? Pathetic.

 

Dont think OUE or Lippo got money. Down until like this, oue comm market cap also got more than 1.2bil. All their shares are going down and down. It will be better oue comm slowly divest their properties. Another 50% of bayfront or others. This will be more beneficial to the shareholders including them. Rather than dpu and share prices.keep going down.

mrwise      ( Date: 28-Aug-2023 14:50) Posted: At least the price is a great steal now! Huat huat!! Smallinvestor      ( Date: 28-Aug-2023 13:21) Posted: Possible but won't be at net asset value. Likely a premium just above the last trading price. See recent privatise price.