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Tuesday, October 22, 2019

Mapletree Ind Tr

The dpu is only increasing slight less then 1% from previous quarter dpu of 3.1 cents to 3.13 cents. Looks like it is yielding less than 5% at 2.52 for this industrial reiterated which is seemingly quite overpriced !


Chart wise, looks like it is about to reverse this trend to go lower!

Short term wise, I think it may test 2.48 then $2.43 level.

NAV 1.58.
P/B 1.6

Not a call to buy or sell.
Pls dyodd.






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