SK6U.SI SPH REIT (SES) 15 Jan 2026: Oversold bounce at S$0.98, watch S$1.02
We see a short-term oversold bounce setup in SK6U.SI stock after the SES close at S$0.975 on 15 Jan 2026. Volume surged to 13,095,900 shares versus an average of 1,961,205, signalling strong trader interest and a possible relief rally. Fundamentals remain defensible: PE 8.86, book value S$0.94, and a dividend yield ~4.77% support income-focused buyers in Singapore (SGD). We outline technical triggers, valuation context, and a model-based target to judge whether today’s lift can sustain
Price action and setup for SK6U.SI stock
SK6U.SI stock closed at S$0.975 on the SES session with a day high S$0.98 and day low S$0.975, near the 50-day average of S$0.973, suggesting short-term mean reversion. The stock traded 13,095,900 shares today, a relative volume of 6.68, which points to a high-probability intraday bounce rather than quiet consolidation.
Valuation and fundamentals for SK6U.SI stock
SPH REIT (SK6U.SI) shows a PE of 8.86, PB of 1.04, and EPS S$0.11, which compares favourably with many retail REIT peers in Singapore. The portfolio mix of Paragon, The Clementi Mall and Australian assets underpins book value S$0.942 per share and a dividend per share S$0.0465, supporting income-focused investors.
Technical triggers and oversold bounce rationale
We view the oversold bounce as triggered by abnormally high volume and price touching the short-term moving average S$0.973, creating a low-risk entry for momentum traders. Price is above the 200-day average S$0.91808, which supports the thesis that today’s spike could mark a durable short-term rebound rather than a failed rally.
Analyst view and Meyka AI grade for SK6U.SI stock
Meyka AI rates SK6U.SI with a score out of 100: 65.06/100 (Grade B, HOLD); this grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Company-level rating history shows an independent rating of A (Buy) on 03 Mar 2025, while our combined view balances yield strength with retail sector cyclicality.
Meyka AI forecast and price targets for SK6U.SI stock
Meyka AI’s forecast model projects a yearly price of S$1.0207, implying an upside of 4.51% from the current S$0.975; three- and five-year projections are S$1.2409 and S$1.4619 respectively. Forecasts are model-based projections and not guarantees, and they assume stable leasing and consumer spending across Singapore and Australia.
Risks, catalysts and sector context for SK6U.SI stock
Key risks include retail footfall weakness, higher interest rates that lift financing costs, and tenant mix renewal at Paragon and Australian malls. Positive catalysts are stronger tourism, better mall occupancy, and any upgrades to leasing spreads; the Real Estate sector in Singapore has shown year-to-date resilience versus broader markets.
Final Thoughts
SK6U.SI stock looks set for a tactical oversold bounce after the SES close at S$0.975 on 15 Jan 2026, supported by unusually high volume (13,095,900) and proximity to the 50-day average S$0.973. Valuation metrics — PE 8.86 and PB 1.04 — make SPH REIT an attractive income play for investors seeking yield in SGD, with a trailing dividend yield near 4.77%. Meyka AI’s model projects S$1.0207 over the next year, an implied upside of 4.51%, while longer-term targets are S$1.24 (3 years) and S$1.46 (5 years). Our proprietary grade is B (65.06/100), which signals HOLD and reflects solid fundamentals offset by sector cyclicality and funding sensitivity. Traders looking for an oversold bounce can consider staged entries with stops below S$0.95 and a short-term target around S$1.02–S$1.05; income investors should weigh the ~4.8% yield against potential rate moves. All figures are in SGD and based on company data and model outputs; forecasts are model-based projections and not guarantees. For primary filings and leasing updates, see the issuer site and investor pages
FAQs
Is SK6U.SI stock a buy after the oversold bounce?
SK6U.SI stock shows a tactical entry after the oversold bounce, but Meyka AI grades it B (HOLD). Traders may buy for a short-term rebound to S$1.02, while longer-term investors should monitor occupancy and interest-rate trends.
What is the forecast price for SK6U.SI stock?
Meyka AI’s forecast model projects S$1.0207 in one year, implying 4.51% upside from S$0.975; three-year and five-year targets are S$1.2409 and S$1.4619 respectively. Forecasts are model-based and not guarantees.
What key metrics should investors watch for SK6U.SI stock?
Watch leasing updates, occupancy rates, interest-coverage (currently 3.13) and dividend payouts (S$0.0465 per share). Also monitor trading volume spikes and moving averages for confirmation of an oversold bounce.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
