CapLand Ascendas RE    Last:2.53    +0.02

Ascendasreit

quote:
Her 200-ema is at 2.66 which is a much better entry level.
We patiently wait for her.
unquote

she has reached her 200-ema today. 
wavehunter, you are spot on.

 

 

Thank for your constant update on this, wavehunter.
I shall join you and wait patiently... for I have missed the boat many moons back when i first noticed her at $2.50....

 

Looking at price action and timeline, I dont think she will do an UP, UP & AWAY from here.
After XD, her LOW so far is 2.73. And on touching 2.73, she bounced to 2.77. And then Lao Hong back to now 2.73 : 2.74.
This is in line with what she did back in Oct 2017.
Her 200-ema is at 2.66 which is a much better entry level.
We patiently wait for her.
 

 

At 4.59pm, she was trading at the Day Low at 2.73 : 2.74 but come pre-closing, all the wolf packs and hyena packs came rushing out
to grab their  share of the fresh kill  and their free-for-all feasting pushed the price back up to close at 2.76, the Day High. NABEH. Want
to buy lower nearer to 2.66 also no chance when the stock you are eyeing is preyed on by so many other hungry wolves and hyenas.   

wavehunter      ( Date: 31-Jan-2018 16:01) Posted: Ascendas is now at 2.73 : 2.74. She has pulled back to reach the high end of my recommended BUY RANGE of 2.66 to 2.73. 2.73 is where her 50-ema currently is. No hurry to buy now.... looking at the price action and market sentiments out there. Can wait some more. I am waiting.

 

Base on the chart , 1.83 seems a strong support

wavehunter      ( Date: 31-Jan-2018 16:56) Posted: Dunno yet. How did you get that? spore1      ( Date: 31-Jan-2018 16:40) Posted: Ok . So the U-Turn should be around 1.83.

 

Dunno yet.
How did you get that?

spore1      ( Date: 31-Jan-2018 16:40) Posted: Ok . So the U-Turn should be around 1.83.. wavehunter      ( Date: 31-Jan-2018 16:16) Posted: Still holding. Follow the stock down meantime. She is searching for her FEB LOW. Buy when this sign pops up. Then ride her up into March

 

Ok . So the U-Turn should be around 1.83..

wavehunter      ( Date: 31-Jan-2018 16:16) Posted: Still holding. Follow the stock down meantime. She is searching for her FEB LOW. Buy when this sign pops up. Then ride her up into March. spore1      ( Date: 31-Jan-2018 16:06) Posted: CCT just XD, are you still holding on or waiting to let go? What is your ideal entry price range

 

Still holding. Follow the stock down meantime. She is searching for her FEB LOW.
Buy when this sign pops up.




Then ride her up into March.

spore1      ( Date: 31-Jan-2018 16:06) Posted: CCT just XD, are you still holding on or waiting to let go? What is your ideal entry price range

 

CCT just XD, are you still holding on or waiting to let go? What is your ideal entry price range

 

Ascendas is now at 2.73 : 2.74.
She has pulled back to reach the high end of my recommended BUY RANGE of 2.66 to 2.73.
2.73 is where her 50-ema currently is.
No hurry to buy now.... looking at the price action and market sentiments out there.
Can wait some more.
I am waiting.

 

Last High was 2.86 established on 29 Jan 2018.
Her chart shows that whenever she was trading at above all 3 EMAs and she fell, she would find support after dipping below
her 50-ema or at her 200-ema. 

50-ema at 2.73.
200-ema at 2.66.

Now 2.74 : 2.75.
I hope to see 2.66. 
Hope is one thing.
Whether she will go there is another thing.
When this pullback ends, she will revisit Last High at 2.86.
So even for those who bought at 2.75 now, their upside is 11 cts.
She will find her bottom some time in February.
Be patient.
If can buy at 2.66, upside is 20 cts.
She will be paying 2 quarters of dividends at the next reporting season in April 2018.
Of the 4 Musketeers, I recommend an OVERWEIGHT bias for Ascendas.

 

No problem, friend.
May we all HUAT together.

ahjuma      ( Date: 30-Jan-2018 16:01) Posted: Wavehunter Thank you for the analysis! Very thankful for your insights. I' m waiting for the dip below 2.7... hence will patiently wait for now.

 

Wavehunter

Thank you for the analysis! Very thankful for your insights.
I' m waiting for the dip below 2.7... hence will patiently wait for now.

 

One way is to use trendline support. Reading off the chart, the floor of the uptrend channel appears to be at 2.75. This is where the stock may find
support to rebound from. 

Another way is to use the 20-ema, 50-ema and 200-ema to look for support.




If you look at the areas marked A and B, whenever the stock fell from above her 20-ema, the price found support after dipping slightly below
the 50-ema.

If you look at the area marked C, the price found support only when it was near the 200-ema.

And at the area marked D, the price found support after dipping below the 20-ema.

Currently, the EMAs are at :

20-ema - 2.77
50-ema - 2.74
200-ema - 2.66

She is doing 2.77 : 2.78 now.
See whether she can bounce off the 20-ema at 2.77 or if she needs to dip lower.
Looking at the price action and the timeline, I think we can look at 2.66 to 2.73.

ahjuma      ( Date: 30-Jan-2018 11:41) Posted: looks like it is starting to dip - any tp to re-enter?  thanks for sharing!

 

looks like it is starting to dip - any tp to re-enter? 
thanks for sharing!

 

No problem, General Casar.
There are 3 other REITs worth looking at. These 3 and Ascendas REIT... I call them The 4 Musketeers.
And why so? Becoz over the last 2 years, I noticed that all 4 of them move together in the same direction in tandem.
It is really a case of One For All And All For One.
The other 3 Musketeers are :

CapitalMall Trust
CapitaComm Trust
Suntec REIT

Although Ascendas is not paying dividend this quarter and hence does not have an XD date, the other 3 Musketeers have their XDs 
on 30th Jan and 31st Jan. Ascendas REIT will behave as if she has an XD date too on 31st Jan. This would had been the actual XD
date if she is paying dividend this quarter. Both CapitaComm Trust and Ascendas REIT reported results on the same day. And XD
date for CapitaComm Trust is on 31 Jan 2018.

After the Musketeers trade XD, I expect to see a dip. How much dip we will see is the one million dollar question. Some times, the dip
was hardly a dip. Other times, the dip was quite a dip. We dont get to pick the type of dip to have. The Musketeers will do what they like.
We can only follow them down and patiently wait for them to dip until we come to this sign.



Then we move in to BUY.



There will be a dip in February for all 4 Musketeers. Our next task is to catch the LOWs of that dip. 

casarasa      ( Date: 27-Jan-2018 17:52) Posted: General Wave, Thanks for the clarification and the advice.  Will watch out for that dip in Feb.

 

General Wave,

Thanks for the clarification and the advice.  Will watch out for that dip in Feb.

 

This stock is not trading at CD now. So there is no XD for the dividend declared for the Oct to Dec 2017 quarter.

At the next reporting in Apr 2018, she will declare dividend and trade at CD after that. If you buy when she is trading at CD or you
already own the stock and you hold till XD, you are entitled to the dividend for 2 quarters... the Oct to Dec 2017 quarter and the Jan
to Mar 2018 quarter.

So if you are buying for dividends, wait till late-Apr when she report results and dividend and trade at CD. But there is a better way
to play this stock.

Between now and XD in late-Apr 2018, she will have one dip followed by a rise. Some times two. That dip will find a bottom some
time in February and then she will recover.  Some times, after dipping, she trades sideways for a while first. Then recover. Keep a
lookout for that dip and buy when she pulls the handbrake. You will get a better entry price if you buy at this dip. If you wait till say,
mid-Apr to buy just before she is due to report her results and dividend at around 24th to 26th Apr, you will be late and would have
missed the LOWs of Feb to Mar.   

casarasa      ( Date: 27-Jan-2018 08:31) Posted: since Ascendas now pay its dividend bi-annually, i was wondering whether if i only buy the shares sometime in Mar-18 (after ex-div for the Dec-17 quarter results), will i get both the dividend for the Dec-17 and the Mar-18 financial results?    If i can only get dividend for the Mar-18 quarterly results, then does it mean that those people who sell off the share after the ex-div for the Dec-17 quarter results will still get the dividend sometime later in Apr/May 2018?

 

since Ascendas now pay its dividend bi-annually, i was wondering whether if i only buy the shares sometime in Mar-18 (after ex-div for the Dec-17 quarter results), will i get both the dividend for the Dec-17 and the Mar-18 financial results?   

If i can only get dividend for the Mar-18 quarterly results, then does it mean that those people who sell off the share after the ex-div for the Dec-17 quarter results will still get the dividend sometime later in Apr/May 2018?

 

ya man, whats going on? **not complaining**