Australian (ASX) Stock Market Forum

A-REIT valuation model

You're thinking, what is a short term momentum trader doing looking at this sector? A good opportunity is what I'm looking for and it doesn't matter which sector it is. Right now, this ol' REIT sector is presenting one. I'm using SGP as the example, but this opportunity is present in many charts in this sector.
1. By going sideways for the past month SGP is stronger than the XAO index (top chart).
2. The volume indicator TMF is rising (along with the OBV) indicating accumulation and demand. The TMF is above zero and has broken higher before price.
3. The downside exposure for this opportunity is low (0.20). If price falls <4.00, this opportunity is invalid. (But that might produce another, eg a spring)
4. If price does go higher then the initial target of the old highs produces a good RR of 3:1.
sgp1603.PNG

Thanks to nulla nulla for keeping us informed on his favourite sector. If others posted regularly on their favourite sector the forum community would be much richer for it.
 
A-REIT Sector: Weekending Friday 23 March 2018

President Donald signed off on the Tariffs on Steel and Aluminum imports to the U.S and their Dow Jones Index dropped 700 points and our All-Ords dropped 125 points. Naturally the A-REIT Sector dropped a bundle as well. The A-REIT had already started falling on Tuesday (after a good day on Monday) with the release of Job figures, arguments between politicians about the merit/impact of tax cuts to business, further discussion on culling franking credit refunds to Self Managed Superannuation Funds, the Australian Dollar falling against the U.S Dollar and any other excuse to push the Sector down disproportionally to the rest of the market. Once again, price/earnings ratios are much lower than any other sector and yields much higher. Go figure. Good luck. :).

xao 2018-03-23.png

xpj 2018-03-23.png

The A-REIT Table for closing prices for Weekending Friday 23 March 2018 follows:

2018-03-23 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-03-23 b.jpg

Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Thursday 29 March 2018

President Donald sent 60 Russians packing to demonstrate his support for Britain (and to prove he is not in league with the Russians, despite their help in getting him elected). So Australia joined the "me too" movement and sent two Russians Diplomats back to Russia. Russia had a laugh up their social collective sleeves and sent British, American and Australian Diplomats home. North and South Korea are getting really pally, North Korea is still pressing ahead with their nuclear program. I don't think President Donald sacked anyone this week (mind you it was a short week) but the big news this week was that Australia was caught out cheating at cricket. The world as we know it is coming to an end.

This weeks chart is the A-REIT Sector (blue line) Versus the All-Ords (green line) over the past 12 years. Good luck. :).

xao & REIT 12yr.png

The A-REIT Table for closing prices for Weekending Thursday 29 March 2018 follows:

2018-03-29 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-03-29 b.jpg


Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 06 April 2018

On Tuesday the A-REIT Sector was slapped back to the lows of the previous Monday. It looked bleak. I wondered whether the sector had finally reached the capitulation stage and was going to have a further sell off on Wednesday as everyone baled out. Fortunately it didn't happen. On Wednesday and Thursday the A-REIT Sector rallied and even managed to hold most of the gains on Friday.

Nearly all of the shares in the sector have debt gearing levels of less the 35%. Nearly all of them have high earnings per share ratios, nearly all of them have good yields and are trading at incredibly low price earnings ratios. The sell down is even harder to understand when you look at the ownership of the shares. Much of the ownership is held by the majority share holders. In many instances there is less than 40% of the shares available for minority share holders and the substantial holder notices indicate that the majority share holders are happy to accumulate more at these prices. Makes you wonder if some of the majority shareholders are lending their holdings out to shorters (for a fee) then adding to their holdings when the shorters push the prices down. Win Win? Good luck. :).

xpj 2018-04-06.png

The A-REIT Table for closing prices for Weekending Friday 06 April 2018 follows:

2018-04-06 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-04-06 b.jpg


Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 13 April 2018

I can't help but wonder at what point in time (if ever) will the A-REIT Sector recover to a level consistent with the All-Ords as distinct from the All-Ords experiencing a correction and dropping back to an equivalent level with the A-REIT Sector? Most shares in the sector have experienced drops of between 20% - 30% off their recent highs. Yet commercial property prices are holding or still climbing, the economy is still growing (slowly), occupancy levels are high (Office and Retail) and income across the sector is relatively stable and certainly hasn't dropped by 20% - 30%. Even Goldman Sachs has rated some of the shares as buys given their high yield levels and share prices trading below net tangible asset levels. ????????????????? Good luck. :).

xpj 2018-04-13.png

The A-REIT Table for closing prices for Weekending Friday 13 April 2018 follows:

2018-04-13 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-04-13 b.jpg


Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 13 April 2018

rant rant rant rant rant....There, I've had my little rant and got it out of the way. While it is obvious that investors are shying away from yield stocks like REIT's, some Infrastructure and Telco's (even Banks) what is not obvious is why. Why have the market movers decided that the time is right to move away from the safety of high yields low price/earnings ratios and slow but steady growth? Why are these market movers now chasing speculative stocks with low yields, higher price earnings ratios and dubious growth? Resource shares like Rio Tinto and BHP have jumped back up to near 2007 levels and safe shares have dropped back to 2015 levels. Yet the world economies are only plodding along. Oil is only US$65.00 per barrel, argy bargy is going on every where, refugees and displaced people are at all time highs creating havoc for communities all over the world. President Donald is playing brinkmanship with President Vladimir (and his mates), organising a sit down with Kim Jong-un and embarking on a Trade War with President Xi Jinping. It would take years and incredible debt for America to redevelop the infrastructure needed to replace the cheap imports from China with American made produce. The U.S is already heavily reliant on China through the sale of Treasury bonds etc during the GFC (and wants China to devalue the yuan). Where does President Donald expect to raise all the funding needed? So in this environment the market movers and shakers are confident that now is the time to speculate on possible growth stocks rather than demonstrated, consistent yield and return on investment. Yeah right. Good luck. :).

xpj 2018-04-20.png

The A-REIT Table for closing prices for Weekending Friday 13 April 2018 follows:

2018-04-20 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-04-20 b.jpg


Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 27 April 2018

Well hasn't Prime Minister Malcolm been a busy boy this week. Anzac Day in France, off to Germany to discuss border control with the German Chancellor (not so easy when your country is surrounded by other members of the EU all with open borders) and sucking up to the Royal Family in Britain (trying to get an invite to the forthcoming wedding of Prince Harry and Miss Markle?). A perfect week for him to put some distance between himself and the Royal Commission he did not want to have on the basis that it was unjustified and a waste of public money. (Talk about backflips, his back must be aching this week). Naturally the banks took a hit along with AMP. And even ASIC got a good spanking. Way to go. Poll number 32 coming up, the natives are getting restless. What's on the agenda this week? Good luck. :).

xpj 2018-04-27.png

The A-REIT Table for closing prices for Weekending Friday 27 April 2018 follows:

2018-04-27 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-04-27 b.jpg

Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 04 May 2018


Seems there were some positive reports across the spread of A-REIT shares last week and some analysts revised their perspectives. No doubt some shorters also bought back to reduce their positions or lock in profits. Buying on Monday, Tuesday and Wednesday saw the sector gain 48 points (roughly 3.6%) before consolidating on Thursday and dropping back 17 points on Friday to finish the week up 31 points or roughly 2.5%. A sell off of Australian Shares on Friday is not uncommon as wary investors hedge their positions against any possible negativity from the U.S and Europe on Friday nights. However it was a welcome change to see the A-REIT Sector break out upwards through two recent levels of resistance, 1340 points and 1365 points. The challenge now to see the Sector hold above 1365 points and move through 1405 points. Good luck. :).

xpj 2018-05-04.png

The A-REIT Table for closing prices for Weekending Friday 04 May 2018 follows:

2018-05-04 a.jpg


The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-05-04 b.jpg

Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 11 May 2018


The A-REIT improved close to another one percent this week. I won't be surprised if it improves further in the lead up to the shares going ex-div next month. Given the way the finance sector is being pummeled now with all the big banks and AMP getting their skeletons dragged out of their closets, I wouldn't be surprised if some of their investors haven't been swapping over to A-REIT's. The Sector held above 1365 points for the week but slowed in the rate of recovery. I also won't be surprised if there is a retrace before the next upward surge. Good luck. :).

xpj 2018-05-11.png

The A-REIT Table for closing prices for Weekending Friday 11 May 2018 follows:

2018-05-11 a.jpg


The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-05-11 b.jpg


Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 18 May 2018

This week the A-REIT closed down one percent. As bad as it looked on Thursday afternoon, down two percent, on Friday it managed to recover one percent (half the weeks losses) on the back of strong buying. This helped lift the weeks close back to the 1465 recent support/resistance level. The A-REIT Sector should improve further in the lead up to the shares going ex-div next month. However, the finance sector is still being pummeled and the retrace during the week in the property sector seemed excessive. Good luck. :).

xpj 2018-05-18.png

The A-REIT Table for closing prices for Weekending Friday 18 May 2018 follows:

2018-05-18 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-05-18 b.jpg


Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 25 May 2018

This week the A-REIT Sector closed up 2.58 percent. Not only did it surge through the week, it closed just under/on the support/resistance level of 1405. With four or so weeks to go before most of the shares in the Sector go ex-div, there is every likelihood (in my humble opinion) that the Sector could rally a further 10 - 20 points. On a cautionary note however, in the past the sector has rallied in the lead up to going ex-div but fallen back in the few days trading immediately before going ex-div. Something to do with foreign investors opting out so they can come back in on the ex-div prices. Additionally there will undoubtedly be a bit of fiscal year end portfolio re-weighting by fund managers looking to boost their fees, which can force some prices up and others down. The finance sector is still being pummeled. If the market decides it is time to get back into banks there will probably be some investors transferring funds out of A-REITs' into banks. Good luck. :).

xpj 2018-05-25.png

The A-REIT Table for closing prices for Weekending Friday 25 May 2018 follows:

2018-05-25 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-05-25 b.jpg

Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 01 June 2018

Almost flat lining this week, the A-REIT Sector closed for the week just under the resistance level of 1405 points. Investa Office up 9% on announcement of a buy out offer that has received Directors recommendation to share holders, SGP down 4% (reasons unknown) and SCG down a little as investors react to consumer confidence reports and SCG continues to buy back shares. Hard to work out there if market sentiment is supporting the share price or the buy-back is propping the share price up. Good luck. :).

xpj 2018-06-01.png

The A-REIT Table for closing prices for Weekending Friday 25 01 June 2018 follows:

2018-06-01 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-06-01 b.jpg


Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 08 June 2018

Monday was good with an upward burst testing 1420 against the upper bar of the recent upward trading channel, likely on speculation of improved retail performance for the first quarter. However the news must have been below market expectations because the retrace Tuesday to Friday pushed the A-REIT Sector down for the week, below the resistance level of 1405.00. It is getting closer to the ex-div dates for most of the shares in the sector and the rally for the div doesn't seem to have eventuated, not looking good. Good luck. :).

xpj 2018-06-08.png

The A-REIT Table for closing prices for Weekending Friday 08 June 2018 follows:

2018-06-08 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-06-08 b.jpg

Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

5. Westfields (WFD) was delisted on 8 June 2018.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
Hey nulla,

Any thoughts on why VAP went down by >6% on it's recent ex-div day? The quarterly dividend was worth only 1% or so...
 
A-REIT Sector: Weekending Friday 15 June 2018

Friday trading lifted the A-REIT Sector up for the week, smack bang on the support/resistance level of 1405.00. It is getting closer to the ex-div dates for most of the shares in the sector and the rally for the div doesn't seem to be happening, although the economic (and retail) news was good this week and this could influence A-REIT share prices positively next week also. Good luck. :).

xpj 2018-06-15.png

The A-REIT Table for closing prices for Weekending Friday 15 June 2018 follows:

2018-06-15 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-06-15 b.jpg

Comments:

1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 23 February 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 23 February 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 22 June 2018

WOW. Finally a break out. The support/resistance level 1405 just got blown away as the A-REIT roared. Must be the anticipation of all those pathetic tax breaks for low and middle income earners in the short term and the prospect of them rushing off to the nearest shopping centre to buy a big Mac or yet another Ultra Hi Definition TV. Watch for the likely "ex-div" retrace mid to late next week. Good luck. :).

xpj 2018-06-22.png

The A-REIT Table for closing prices for Weekending Friday 22 June 2018 follows:

2018-06-22 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-06-22 b.jpg

Comments:

1. The shares listed in the tables above make up the ASX 200 XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 22 June 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 22 June 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

5. The tables have been updated to include Charter Hall Long Wale, Viva Energy REIT and the change from Westfields to Unibail Rodamco Westfields.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
A-REIT Sector: Weekending Friday 29 June 2018

Not totally unexpected, the A-REIT gave up all the gains of the previous two weeks on Thursday and Friday after the majority of the shares in the sector went ex-div on Thursday. On Friday with just over an hour of trading to go, it looked like the A-REIT Sector was going to reverse all of Thursday's sell downs. However in the last hour of trading the market moved into sell mode (although the volumes weren't all that high) with the days trading finishing in the red. The Governments decision to shelve the bill to give big business tax cuts (due to the lack of numbers in the senate) was a probably a contributing factor. Bit of a dummy spit all round. Good luck. :).

xpj 2018-06-29.png

The A-REIT Table for closing prices for Weekending Friday 29 June 2018 follows:

2018-06-29 a.jpg

The comparison table of this weeks closing prices versus last weeks closing prices follows:

2018-06-29 b.jpg

Comments:

1. The shares listed in the tables above make up the ASX 200 XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 22 June 2018, can change from day to day due to active share buy-back programs and other factors.

3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 22 June 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.

4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

5. The tables have been updated to include Charter Hall Long Wale, Viva Energy REIT and the change from Westfields to Unibail Rodamco Westfield.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck :) .
 
Top