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Thursday, October 29, 2020

MNACT

 First half result is out! DPU of 2.876 cents is lowered than last year!

Occupancy rates is still quite impressive at 96%.

Insurance claims is non distribution income!




DPU of 2.876 cents I think is not bad which is yielding a yield of 6.3% base on closing price of 88.5.


Not a call to buy or sell.

Pls dyodd.

 Chart wise, looks bearish!

Likely to see further weakness!



The recent acquisition for Korea property seem to have short-lived, price started to turn weaker.


NAV $1.40.P/B 0.656 seems rather undervalued!

Result is due on 29th Oct 2020 looking forward for the coming dividend announcement!



Not a call to buy or sell.

Pls dyodd.


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