Wow all REITs up!
$CapLand Ascendas REIT(A17U.SG$ Is it a good time to add or should I wait for a retracement.
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1M65 : this used to be a $3 stock. very least ABT $2.9 n abv. U decide. to hold long for its dividends.
div/yr increased = good management = ultimate increase in share price eventually
1M65 : bear in mind U need to go long n hold. Ive 40+lots over this counter
五代雄杰OP 1M65: Thanks for the stock insights. I'll queue for a small lot and add as the CPI report improves.
102171325 1M65: What does this mean?
五代雄杰OP 102171325: Going long means buying and holding the position, usually with a long-term approach. 40 lots is the amount of shares he has
103057627 : maybe a short term rebound? hopes higher for rate cuts Sept. reits will only run if rates are actually cut.
1M65 103057627: your mentality is a traders mindset. well reits/trust, bank stocks and ETFs are meant for long term.
if U want in and out then chances are low unless U can catch it at a bottom which I doubt any1 could.
1M65 五代雄杰OP: generally ascendas, Ascott, m.logistics, m.industrial, Fras centrept, fras L&C can buy. cap India and China are quite robust but U even need to sustain long.
China not doing too well that's y it's depressed.. cap India recently went to 96c and good disc so I bought 15lots..