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Saturday, December 12, 2020

Ascendas Reit

 Chart wise, it has managed to bounced off from the low of $2.88 and rises higher to touch the high of $2.94 and close well at $2.93 last Friday, looks rather interesting!




Will it be able to rise further and move up to retest $3.00 for the coming week!

This would likely set the market direction going forward!

I think is good to monitor and stay cautious!

PO price was $2.96.

Current price is trading below the PO price, of which I think it may still attract some buying interest!

Yearly DPU is about 15 cents. Yield is about 5.1%. Half yearly dividend. Yield is pretty decent for this Giant Industrial reit counter.



Not a call to buy or sell.

Pls dyodd.


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