This document analyzes the Belgian real estate company Wereldhave Belgium. It provides an identity card with key statistics on the company's market performance, share price trends, and financials. Over the short, mid, and long term, the company's share price shows an uptrend and outperforms benchmarks. Fundamentals also look positive with growing dividends, a lower price-earnings ratio than average, and higher returns over 1 and 5 years. In summary, the document recommends a buy on Wereldhave Belgium based on its market trends and strong financials.

1. Value for tomorrow
Alexandre Nijar

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

3. Market Value
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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
Alexandre Nijar

5. Support & Resistance
Short Term Trend
Resistance Level ( 84,95 )
Support Level ( 82 )
Up Trend
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6. Support & Resistance
Mid Term Trend
Resistance Level ( 85,85 )
Neutral Trend
Support Level ( 74,35 )
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7. Support & Resistance
Long Term Trend
Neutral Trend
Support Level ( 71,2 ) Resistance Level ( 85,85 )
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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%
Alexandre Nijar

9. EPS / Dividend
2011 2012(e) 2013(e)
Dividend 3,1600 3,1875 3,3000
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10. Price/Earnings
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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
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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
Alexandre Nijar

13. Value for tomorrow
END
Alexandre Nijar