Year end vacation: Great deals!

If you are still planning to go on that year end vacation and missed NATAS, never fear! There are still great deals around!

As I am also planning year end vacations, I came across a few good deals but you have to book soon as prices tend to increase towards end of the year.


Phuket (3D/2N), second half of November 2011.
Package price for 2 persons: S$584.00
(includes all taxes and fees.)
Airline: JetStar.
Hotel: Burasari Patong (4 star boutique hotel).

Bangkok (3D/2N), second half of November 2011.
Package price for 2 persons: S$647.12
(includes all taxes and fees.)
Airline: JetStar.
Hotel: Baiyoke Sky Hotel (4 star 88 storey high hotel).

Click on the banner to see more good deals!

Book online conveniently.

No service charge for credit card payment. Bon voyage!

Sabana REIT: 3A Joo Koon Circle and 2 Toh Tuck Link.

Sabana REIT is acquiring two more properties.

1. 2 Toh Tuck Link
Price: $39.8 m
Remaining lease: 45 years

2. 3A Joo Koon Circle
Price: $40.2 m
Remaining lease: 36 years

The purchases will be financed by debt.
With these acquisitions, gearing will be raised 33.7%.

Technically, trading of Sabana REIT's units is seeing decreasing volume as price hits a stubborn resistance at 89c. Although the MACD is rising, it is still in negative territory. A retest of support would be nice before a stronger push to break resistance.

If 89c resistance could be taken out convincingly, I expect the next major resistance to be at 92c, which was formerly an important support. Before that, there is 90c to contend with. 90c is also where we find the declining 50dMA.

I could buy more if the support at 88c should be tested in the near term.

See announcements here:
3A Joo Koon Circle
2 Toh Tuck Link

Phillip Securities: BUY. Target: $1.12.

Sabana Shari’ah Compliant Industrial Reit rated 'outperform' by Daiwa Capital with six-month target price of $1.05. DPU forecasts up by just over 5% for 2012-2013.
Thursday, 15 September 2011

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