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Wednesday, December 11, 2024

CapitaLand Ascendas REIT - She is trading at 2.56 looks rather interesting. Yield is about 5.82 percent

 CapitaLand Ascendas REIT  - She is trading at 2.56 looks rather interesting. Yield is about 5.82 percent.



I think super oversold! 

Gearing below 40%.

CPI data is within expectations of 2.7%. I think likely to see another 0.25 % basis cut for Dec 17-18 meeting! 

Any rate cut may help to lower their refinancing costs! This may help to cushion the dpu or slight increase for future earnings! 

Pls dyodd. 

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