Fundamental analysis
There is only 2 building under TWRREIT which is HLA Tower (69% occupancy )and HP Tower (66% occupancy).
P/E Ratio : 17.24 / reasonable compare to industrial peers
ROE (%) : 3.58 / lower than industrial pears
Dividend Yield (%) : 5.78%
Dividend Policy (%) : 90
YOY revenue in downtrend due to lower occupancy.
Major of shareholder is Hong Leong Group.
Technical analysis
The counter entered a uptrend counter with strong trend line.
Resistance(1) RM 1.19 & Resistance(2) RM 1.244
Support(1) RM 1.68 & Support(2) RM 1.127.
Save zone to enter during DY become 6% or higher.