Thursday 29 November 2012

The Indian real-estate market may continue to face sharp decline in foreign investments – (AIG, NLY, CIM, AGNC)

The real-estate market in India, despite its opportunities, has seen a sharp decline in investments from overseas over the past two years and, in future , global investors are expected to be more cautious investing in markets that lack international standards, according to Sean Tompkins, global chief executive officer of UK-based Royal Institution of Chartered Surveyors. RICS is a professional qualification and standard setting body for land, property, and construction sectors. In the U.S., home prices moved up in the year ended in September by the most since July 2010, suggesting the recovery in the U.S. real estate market is a foundation of strength for the economy.

The S&P/Case-Shiller index of property values in 20 cities added 3 percent from September last year, after moving up 2 percent in the year to August. The average estimate of 29 economists in a Bloomberg survey is for a 3 percent gain.

Annaly Capital Management, Inc. (NYSE:NLY) has a market value of $14.31 billion. It employs 147 people, over the last 12 months has generated revenue of $1.46 billion and has a net income of $14.31 billion. The firm’s operating margin is 45.98 percent and net profit margin 44.21 percent. The latest closing price of its shares moved down -7.57% from the 50-day moving average.

For Chimera Investment Corporation (NYSE:CIM), a return on equity of 16.89 percent was realized due to the financial situation. Last twelve months earnings per share reached a value of $0.52. Last fiscal year, $0.36 has been paid in form of dividends to investors. Earnings are projected to move up 5.00 percent for the coming five years. The stock closed at $2.62, up 0.02 points or 0.77% from previous close and at a distance of +0.25% from 20-day simple moving average.

Elsewhere in the financial sector, shares of American International Group, Inc. (NYSE:AIG) traded up 0.34% during trading yesterday, hitting $32.60. The stock has a 52 week low of $20.62 and a 52 week high of $37.67. The company has a market cap of $48.13 billion and a P/E ratio of 2.26. The P/S ratio is 0.68 and P/B ratio 0.47. The beta value is 3.45. AIG’s RSI amounts to 48.16.

In the last trading session, American Capital Agency Corp. (NASDAQ:AGNC)’s price moved 1.09% above its 200 day moving average, changing hands as low as $31.13 per share. The stock is currently trading -4.57% down its SMA 50. The worst hit in its 52 week range is $27.61 per share, with $36.77 being the 52 week best price, which compares with a latest closing price of $31.36. The Beta of this stock is 0.46.

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