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Saturday, August 22, 2020

LendLease reit

Chart wise, looks bearish!
Half year dpu of 1.758 cents that may translate to a yearly yield of 5.8% base on current price of 61 cents.


With the economy slowly opening up, I think traffic crowd may start to improve for Urban shopping malls.

Short term wise, I think it may likely bounce off from the support at 60.5/60 cents & rises higher towards 65 cents.


Not a call to buy or sell.
Pls dyodd.

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