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Friday, December 6, 2019

MNACT

The past two days off set is completed as being seen with a nice closing of +3 cents to $1.18 ,a nice Bull bar that is rather bullish!


Short term wise, I think it would likely move up to cover the Gap at $1.20 and continue to trend higher towards $1.25 then $1.28 - $1.30 .


NAV $1.43.
P/B 0.825
Yield anytime more than 5.3% even with the temporary hk issue.
I think Management has mentioned that rental income would be DPU top up of 40% for Sept 2019 to June 2020.

Insurance claims money would be coming in later.


Not a call to buy or sell.
Pls dyodd.

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