22-03-2020, 03:05 PM
(22-03-2020, 02:54 PM)oys-ter Wrote: But the asset in the REIT is definitely worth something. So in this market condition, we can pick up REIT based on the value of the properties coupled with margin of safety. In this case, i definitely feel that the eagle reit is worth more than the current market price if you liquidate all eagle reit asset...
Agree , unless this covid disaster is going last for longer than expected , then not only this Eagle , many others related ind. will collapse also.
Casino , cruise , hotel , airline , F& B ....... these will drag the banks down also . Not many are safe .
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.