Yield Watch:Suntec, Ascendas and M1 at oversold levels

We got 3 stocks today that looks pretty over sold

Ascendas REIT

It has been hovering at this level for some time. One of the biggest REIT around and certainly a good forward yield at 6.9%. It does look like it has a tendancy  of turning down.

Suntec REIT

The office REIT sector have been hard hit by a slew of office spaces fighting for occupancy. Is 1.36 a good level? Do note that forward yields are lower than the past.

M1 Limited

Or thats what we will be calling it in the future as part of the AGM resolution is to change the name to such. I really hope they did a feng shui analysis on this. Although the breadth indicators look good, i am skeptical that i am suppose to pay a historical safe 6.4% yield at this price.

We really hope that there is a earnings revision upwards, else the yield does not present a good risk vs reward.

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