A-REIT valuation model

[nulla nulla]

A-REIT Sector: Weekending Friday 16 August 2019

The Dow Jones had a 700+ point correction so we had to drop 170+ points. Personally I can't understand the basis of our market being so low. The US not only recovered to their high of 2007 but went on to double. Our market took ten years to recover and is no where near as over inflated as the Dow Jones. Additionally in 2007 our market was inflated (overpriced) with many of the companies having excessively high debt to equity ratios. Realistically many of the companies were paying high dividend rates using borrowings to fund the dividends. Not now. Dividend rates are slightly lower and are mostly paid from earnings. Even the retail A-REITs are paying 5% plus yields, all from earnings, yet they are being held down, trading at less than their net tangible asset values. At some point these shares are going to look good, particularly to long term overseas investors taking advantage of our sliding dollar. One again there is two weeks of data included. I will have to give myself "a couple of backhands" to smarten up my act. Good luck .





The A-REIT Table for closing prices for Weekending Friday 09 August 2019 follows:



The comparison table of weekending 09 August 2019 closing prices versus the previous weeks closing prices follows:




The A-REIT Table for closing prices for Weekending Friday 16 August 2019 follows:



The comparison table of this weekending 16 August 2019 closing prices versus the previous weeks closing prices follows:





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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 23 August 2019


This looks good, Fridays All-Ords close.



This looks even better, Fridays A-REIT Sector close.



Then I woke up on Saturday and this was the Dow Jones close on Friday U.S time.



No prizes for guessing where we are going today. Good luck. .


The A-REIT Table for closing prices for Weekending Friday 23 August 2019 follows:




The comparison table of weekending 23 August 2019 closing prices versus the previous weeks closing prices follows:





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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 30 August 2019

The A-REIT Sector continues to move like a crazy rollercoaster, swinging up and down in accordance with the latest tweets form President Donald. Don't worry about the state of the economy, the earnings of the shares, the share price versus the nta or any real financial activity, it is all about rumour and who is trying to move the market around for their personal gain, The day the ASX brings back disclosure as to who is buying/selling/holding/shorting whatever is the day a lot of volatility will be taken out of the market. Good luck. .





The comparison table of weekending 30 August 2019 closing prices versus the previous weeks closing prices follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 06 September 2019


The A-REIT Sector dropped on the news that Jackie from Tasmania is going to support the move by Prime Minister Scotty to drug test recipients of Job Search Allowances. The market movers realise that it will only be a matter of time before there is mandatory drug testing of institutional traders. The coke industry will go broke and the share market will fizzle to a stop. Good luck. .



The A-REIT Table for closing prices for Weekending Friday 06 September 2019 follows:



The comparison table of weekending 06 September 2019 closing prices versus the previous weeks closing prices follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 13 September 2019

The A-REIT Sector dropped further on the news that Amazon is going to sell BBQ and outdoor furniture in competiton with.......wait for it....Bunnings. ha ha ha....sorry couldnt help myself. Maybe Amazon hasn't heard of the Masters debacle competing with Bunnings. I havent heard how amazingly well Amazon is doing in Australia. In fact most of what I have heard relates to the limited product available, particularly local product.

Jackie from Tasmania is dithering in her support of the move by Prime Minister Scotty to drug test recipients of Job Search Allowances. This is fantastic for Prime Minister Scotty because it draws attention away from all the other issues that the Government is floundering on. No doubt he can always phone President Xi Jinping for some advice. If he doesn't have his phone number, he can probably get it from the member for Chisholm Gladys Liu, assuming of course she can remember where she put it. Good luck. .



The A-REIT Table for closing prices for Weekending Friday 13 September 2019 follows:



The comparison table of weekending 13 September 2019 closing prices versus the previous weeks closing prices follows:



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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 20 September 2019

The A-REIT Sector struggled this last week in comparison with the All-Ords and the rest of the world. However it did manage to post a gain for the week of 0.29%. President Donald invited Prime Minister Scotty to dinner (no footsies under the table) probably to talk about what Donald wants to do to Iran for supplying those naughty Yemens with drones to attack the Saudi oil refineries. No doubt
Prime Minister Scotty will smirk and nod and we will get roped into some support logistics yet again in the Middle East.
Not all went well for Prime minister Scotty at Dinner. Appears someone spread a rumor that Prime Minister Scotty couldn't invite his spiritual advisor (his Hillsong Pastor) to the dinner because of his families history. The "sins of the father" sort of thing. Good luck. .



The A-REIT Table for closing prices for Weekending Friday 20 September 2019 follows:



The comparison table of weekending 20 September 2019 closing prices versus the previous weeks closing prices follows:



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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 18 October 2019

The A-REIT Sector continues to struggle but then so does the All-Ords. Our "How good is that" pumped politicians are so busy spinning bulshirt and trying to pull the wool over our eyes locally that they haven"t noticed that the rest of the world thinks that our economy is worse than that of Greece. Seriously, if we were a member of the European Union they would be working out how to kick us out. "How good is that". Good luck. .



The A-REIT Table for closing prices for Weekending Friday 27 September 2019 follows:



The comparison table of weekending 27 September 2019 closing prices versus the previous weeks closing prices follows:



The A-REIT Table for closing prices for Weekending Friday 04 October 2019 follows:



The comparison table of weekending 04 October 2019 closing prices versus the previous weeks closing prices follows:




The A-REIT Table for closing prices for Weekending Friday 11 October 2019 follows:



The comparison table of weekending 11 October 2019 closing prices versus the previous weeks closing prices follows:




The A-REIT Table for closing prices for Weekending Friday 18 October 2019 follows:



The comparison table of weekending 18 October 2019 closing prices versus the previous weeks closing prices follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 25 October 2019


I neglected to say last week that our markets are surprisingly high when you consider how slow our economic growth is. Imagine how much higher the markets would be (and our dollar) if our government wasn't locked in an attitude of doing nothing to stimulate the economy for fear that their vision of a budget surplus will not eventuate in 2-3 years. A lot of smoke and mirror work going on in the political arena at the moment. Lots of noise about electricity prices, sounding like threats of nationalising the assets that were only recently privatised. An opportunity to waste the tax payers dollars while lining their mates pockets? A smoke screen about taking the banks to task for not passing on interest rate cuts in full. And the NSW Police announce that their investigation into Prime Minister Scotty's Hillsong mate is "ongoing". Probably just a rumor, eh. Good luck. .



The A-REIT Table for closing prices for Weekending Friday 25 October 2019 follows:



The comparison table of weekending 25 October 2019 closing prices versus the previous weeks closing prices follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 06 December 2019

It has been a tumultuous month for me, I hope yours has been better. Prime Minister Scotty continues to duck and weave and throw up petty distractions to avoid dealing with the true state of the Australian economy. Westpac got sprung big time. President Donald had a tiff with the Canadian Prime Minister, Jacqui Lambi did the dirty on the refugees and had a little cry when the rest of the senate wanted to know the details of the deal done with Prime Minister Scotty to secure her vote. The best thing this government has done since it was elected is close Parliament until February 2020. This means that they can't stuff up anything further until February 2020. Fingers crossed for some wet weather to help the firefighters trying to get the East Coast Bushfires under control. Good luck. .

The latest Chart weekending 6 December 2019:




The A-REIT Table for closing prices for Weeks ending Friday 01 November 2019, Friday 08 November 2019 and 06 December 2019 follows:

Friday 01 November 2019;



Friday 08 November 2019;



06 December 2019;



The comparison table of Weeks ending Friday 01 November 2019, Friday 08 November 2019 and 06 December 2019 closing prices versus the closing prices for the preceding week follows:








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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

Weekending 13 December 2019. Playing catchup.




The A-REIT Table for closing prices for Week ending Friday 13 December 2019 follows:





The comparison table of Week ending Friday 13 December 2019 closing prices versus the closing prices for the preceding week follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 20 December 2019

The Chart for weekending 20 December 2019: Hmmmmm....Looks like I didn't save one. How good is
that, must have got distract by Santa.

The A-REIT Table for closing prices for Week ending Friday 20 December 2019 follows:



The comparison table of Week ending Friday 20 December 2019 closing prices versus the closing prices for the preceding week follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 27 December 2019


The Chart for weekending 27 December 2019:



The A-REIT Table for closing prices for Week ending Friday 27 December 2019 follows:



The comparison table of Week ending Friday 27 December 2019 closing prices versus the closing prices for the preceding week follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 03 January 2020


The Chart for weekending 03 January 2020:



The A-REIT Table for closing prices for Week ending Friday 03 January 2020. follows:



The comparison table of Week ending Friday 03 January 2020 closing prices versus the closing prices for the preceding week follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 10 January 2020


The Chart for weekending 10 January 2020:




The A-REIT Table for closing prices for Week ending Friday 10 January 2020. follows:



The comparison table of Week ending Friday 10 January 2020 closing prices versus the closing prices for the preceding week follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 17 January 2020


The Chart for weekending 17 January 2020:





The A-REIT Table for closing prices for Week ending Friday 17 January 2020. follows:



The comparison table of Week ending Friday 17 January 2020 closing prices versus the closing prices for the preceding week follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[nulla nulla]

A-REIT Sector: Weekending Friday 24 January 2020

For the first time in Donkeys years we had a Christmas/New Year Rally and finally broke above the November 2007 Share market levels. Hold the champagne though as the Bush Fire Disaster continues. And now the spot light is on all the charities that used the bush fires as a means to gather in the donations with no intention of passing on all of the funds accumulated to the people in need, for whom it was intended. Shame on them.

The Chart for weekending 24 January 2020:



The A-REIT Table for closing prices for Week ending Friday 24 January 2020. follows:



The comparison table of Week ending Friday 24 January 2020 closing prices versus the closing prices for the preceding week follows:




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 05 April 2019, 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 05 April 2019. "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 .

 

[InsvestoBoy]

Where did @nulla nulla go?

Did anyone notice the REITs in this mess? Looks like just under 50% down off the highs.

So much for diversification.

VAP:

 

[Dona Ferentes]

Where did @nulla nulla go?

Did anyone notice the REITs in this mess? Looks like just under 50% down off the highs.

So much for diversification.

LVR... Leverage always comes back to bite.

 

[OmegaTrader]

A-REIT Sector: Weekending Friday 24 January 2020

For the first time in Donkeys years we had a Christmas/New Year Rally and finally broke above the November 2007 Share market levels. Hold the champagne though as the Bush Fire Disaster continues. And now the spot light is on all the charities that used the bush fires as a means to gather in the donations with no intention of passing on all of the funds accumulated to the people in need, for whom it was intended. Shame on them.

The Chart for weekending 24 January 2020:

View attachment 99938

The A-REIT Table for closing prices for Week ending Friday 24 January 2020. follows:

View attachment 99939

The comparison table of Week ending Friday 24 January 2020 closing prices versus the closing prices for the preceding week follows:

View attachment 99940


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 05 April 2019, 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 05 April 2019. "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 .

Hello do you have any opinions on the current state of affairs?
Thanks

 

[nulla nulla]

The tables previously posted are based on data that is almost 12 months old and as such are out of date and inaccurate. I am looking for an easy source to update the data. Additionally I suspect that there will be updates to earnings and distributions in the near future (particularly in the retail shares) which will severely impact the Earnings, Distribution, NTA and Discount to NTA figures. When I have updates I will adjust the tables and post them. The Incredible Charts for REITs pretty much says it all. I suspect that we haven't seen the bottom yet in REIT's. If you need me I am probably somewhere in one of the Centrelink queues.