Happy Labour Day! The REITS Bubble?

Happy Labour Day!

It is a day of rest for many of us working in the busy life. Today I will like to touch on something that is really hot right now in the Singapore stock sector: REITS. REITS have been around for quite a long time. They are a good bunch of stocks which gives good amount of dividends from the rentals they collect to the shareholders. Recently in this year, REITS have a tremendous bull with the on going of low interest rate and stagnation of growth stocks. The movement of REITS have been so great that it seems to look alot like a bubble. As the news spreads among investors and recommendations by investing programmes, people are buying up on these hot stocks as rentals are on a rise in Singapore and many more shopping centres are opening. REITS are certainly a good investment when you can get their stock price at the low and at the same time collecting dividends. When the stock price rise, you can even sell them at a profit. However right now, they are looking expensive and probably ridiculous looking at the charts. But how high can it go? I do not know. Here are some Reits that I have looked. Some are forming dangerous signals, some still have room to grow. Take a look, decide for yourself whether to get in the wagon or not.

FirstREIT. Wow this is parabolic! There's no correction for this stock as it just keeps going and going.

MapletreeLog. This stock has a steady growth, might continue on for this year.

CDL HTrust. This hospitality Reit might have reached it's top.

Ascendasreit. This one still has room to move. It's dividend given seems to be quite frequent.