dchua1969

Almost 70% drop from the Peak

Long
CAPITALCOM:0823   Link REIT
Both of these Reits have fallen from its grace since 2019 peak. More than 70% and I think the bottom could be near....... There wasn't a historic low to benchmark so it is anyone guess that how low it could go down further........

With Fed confirming its first rate cut in June this year, I anticipate REITS to start a trend reversal and begin its climb back up. Many of the REITS in Asia, worldwide have suffered quite badly and this would be a good opportunity to accumulate and make some decent capital appreciation down the road. Best of all, choosing fundamentally strong REITS like these 2 here also pays you great dividends of 7-10% while waiting..........

Please DYODD
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.