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Saturday, June 29, 2019

Ascendas Reit

It is now trading at a super premium price level.
Looks pretty overpriced and trading at a Peak level.

NAV 2.13
DPU of 16 cents.
dividend yield of 5.12%


The current price of 3.12 is trading at Price per book value of 1.46x.

Short term wise, I think it may move up to retest the all-time-high of 3.18 and may likely go through a correction and bring the price lower towards 2.50 level and below.

Not a call to buy or sell.

Pls dyodd.





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