It has again retested 1.02, with RSI trending lower and price is staying below its SMA lines, looks like high chance it may breakdown 1.02 and trend lower to 1.00 then 98 with extension to 94 cents.
NAV of 0.94
Yield is about 6.9% base on 1.02.
P/B is 1.085x
I am waiting for the price to go below 1.00 and trading nearest to its NAV of 94 cents that would be nice opportunity for me to consider to accumulate some.
Not a call to buy or sell.
Pls dyodd.
Trade/invest base on your own decision
Distribution Policy FLT will distribute at least 90.0% of its Distributable Income. Distributions will be made on a semi-annual basis for the six-month periods ending 31 March and 30 September. The actual level of distributions above 90% is to be determined at the REIT Manager’s discretion. Unitholders have the option to elect to receive distributions in Singapore dollars or Australian dollars.
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