22 Jun 2012 Analysis

This year office, industrial reits are good, look at my Fraser Comm. recently.

Another gem I digged today is Ascendas Indian Trust.

1)      Technical:

Now 0.75 at the bottom of the channel support, upper channel at 0.87, near term resistance at 0.825.

1)      Fundamental:

Dividend yield 8.3% estimated.

 FY11:

Ratio Rating	1 FY Factor	1	Remarks	Marks	Weigh	Weighted
Profit	Profit: Net Profit Margin	36.38%	vH	5	10%	0.5
Activity	TA Turnover	0.12	vL	1	5%	0.05
Leverage	TA/Equity	1.94	M	3	5%	0.15
Profitability	ROE	8.49%	M	3	18%	0.54
Liquidity	Current Ratio	0.86	M	3	10%	0.3
Interest	Interest Cover	4.94	L	2	5%	0.1
Valuation	NTA/Price	94.67%	vH	5	12%	0.6
PE	PE	12.42	M	3	14%	0.42
Growth	Op Earning Growth	3.48%	L	2	16%	0.32
Yield	Divident/Price	8.35%	vH	5	5%	0.25
					1
FA Score				3.20		3.23