Believe Oversold
i think the REIT is oversold. yield looks like 10%! i will start to accumulate. no reason for the price to be so low.
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MKYEE : look like someone are accumulating. XL and L volume buying while retail small volume are selling.
Tiger tiger : I just get in a bit
股利股怪 : Has been dropping for the whole month
MKYEE 股利股怪: a bit crazy.. trading as if it is a US office reit. blue chip assets like Hilton Ochard, Offices in shenton way... unless they are preparing for acquisition, fund raising that we are unaware. They should do buy back like Keppel REIT.
股利股怪 MKYEE: Even prep for acquisition or fund raising also doesn’t warrant this drop. The yield is so high now and still got ppl selling
MKYEE 股利股怪: yup... can't understand. trading at 0.37X P/B with close to 10% dividend yield..
MKYEE 股利股怪: big dump today even for XL volume
股利股怪 MKYEE: Non sensical and mgmt just keep quiet do nothing?
MKYEE 股利股怪: either we double our money from current price or we lose the money but assets all are solid. no idea really what is going on..... another possiblities some big player get margin call.
Leanky77 : Already drop 30% from 0.32..
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