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(23-05-2013, 02:55 PM)NTL Wrote: [ -> ]

(23-05-2013, 01:49 PM)cfa Wrote: [ -> ]Now we should know why the management unloaded their holdings. Drop 6% today.

They shouldn't have see it coming, do they?

Only they know.

Heavy selling for past few days.

now $1.15 going towards book value of $1.07
reits all falling

(12-06-2013, 04:56 PM)felixleong Wrote: [ -> ]now $1.15 going towards book value of $1.07
reits all falling

Your comments on REITs all falling, throughout the past week reminds me of the title + chorus of this song, Free Fallin'... Enjoy!

Ha! Ha!
look like many Reits are rushing to IPO b4 it's too late

With QE tapering pretty soon , possibly as early as Sept this year, mortgage rate might start creeping up...

Good luck to the REITS, whether heavily geared or not, all will be hit in general...

(12-06-2013, 04:56 PM)felixleong Wrote: [ -> ]now $1.15 going towards book value of $1.07
reits all falling

Ben is gonna cast this epic spell

(12-06-2013, 06:07 PM)felixleong Wrote: [ -> ]Ben is gonna cast this epic spell

Not this?

[Image: hvqgkm.jpg]

lol, I still remember some brokerage houses were running ads to encourage margin clients to do yield plays
borrow at 3.5% and buy reits and defensive stocks for higher yield
those naked swimmers I think now all drowning already

(23-05-2013, 02:55 PM)NTL Wrote: [ -> ]

(23-05-2013, 01:49 PM)cfa Wrote: [ -> ]Now we should know why the management unloaded their holdings. Drop 6% today.

They shouldn't have see it coming, do they?

NTL hope you managed to unload I have been saying REITs are overvalued all along

Wow now yield 8%++ as per today share price...

Tempted to buy some but STI is still not 10% correction yet I cant buy anything as per my asset allocation rules hehehe