DCA more.
Dollar Cost Average today at 0.78.
Based on 6 cents dividend, it is about 7.7% yield. Hope the RMB can strengthen after US start to cut interest this year.
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MKYEEOP Mooooney: No choice. Most REIT suffer when FED raise interest rate. Now they are reverting to cutting rate. So REIT price should recover.
MKYEEOP Mooooney: EC World, Dasin REIT equally as bad. Both may not even survive. Sasseur reit also from $1 to about 0.67 now. Which China REIT is doing fine?
Deep Sea : Stimulus measures in China should be able to support its ecnonomy and property market. It takes time to recover. In the meantime, can hold long term and earn dividends.
MKYEEOP Deep Sea: Price near to covid time already. The current situation is so much better than covid period. Retail are still showing strong growth. Once RMB recover, we will have better DPU.