This document summarizes information on Wereldhave Belgium stock. In the short term, the stock price shows an uptrend and resistance at 84.95 Euros with support at 82 Euros. In the mid-term, the trend is neutral with resistance at 85.85 Euros and support at 74.35 Euros. In the long term, the trend is also neutral with support at 71.2 Euros and resistance at 85.85 Euros. Fundamentals also look positive with rising earnings per share, dividends, and higher returns compared to indexes over 1, 5 and 10 years. The price-earnings ratio is also lower than average, suggesting the stock is undervalued.

1. Value for tomorrow

2. Intro
Market Value
Identity Card
Support & Resistance
Performance
EPS & Dividend
Price-Earnings
Summary

3. Market Value

4. +/- 83,51 Euro Identity Card
Identity Card
12 Month High 85.85 Euro
12 Month Low 66.40 Euro
Isin-Code BE0003724383
Euronext Brussel Yes
Bèta 0.46
Volatility 19.9 %
Number of shares 6 308 198
Market Capitalisation 528.000.000
Sector Construction and Real
Estate
Transactionvolume ( Avarage /day ) 117.000

5. Support & Resistance
Short Term Trend
Resistance Level ( 84,95 )
Support Level ( 82 )
Up Trend

6. Support & Resistance
Mid Term Trend
Resistance Level ( 85,85 )
Neutral Trend
Support Level ( 74,35 )

7. Support & Resistance
Long Term Trend
Neutral Trend
Support Level ( 71,2 ) Resistance Level ( 85,85 )

8. Performance in Euro
Wereldhave Belgium DJ Stoxx S&P500
Return 3 month 0,5% 2,4% 7,6%
Return 6 month 11,9% 8,7% 7,6%
Return 1 year 24,5% 13,9% 13,4%
Return 5 year 14,7% -1,6% 6,8%

9. EPS / Dividend
2011 2012(e) 2013(e)
Dividend 3,1600 3,1875 3,3000

10. Price/Earnings

11. Summary
Short Term
Market uptrend BUY
Long Term
Market return Higher BUY
Good dividend BUY
Growing dividend BUY
P/E Lower then av. BUY

12. Sources:
-www.binckbank.be
-www.fortuneo.be Value for tomorrow
-www.wereldhavebelgium.com
-www.finance.yahoo.com
-www.test-aankoop.be/invest
-www.barchart.com
-www.beursduivel.be
-www.tijd.be

13. Value for tomorrow
END