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Sunday, December 8, 2019

Maple Ind Tr

Wah, nice breakout today at $2.60 level.
I think fund is pushing it higher and higher ,Have to be cautious and have your plan in place!
Yield is 4.8% which is much lower than Ascendas reiterated of 5.3%. Some more Ascendas reiterated is an index component counter but not for Maple Ind Tr.

Will let you decide which is better!


Short term wise,I think with the breaking out of $2.60 level,it may continue to Move up to retest 2.70 level and above.
The price is at all time high and P/B 1.71x.


Is really overpriced and trading at a premium level.

Not a call to buy or sell.
Pls dyodd.






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