I must say, if you walk into southkey midvalley johor; There are way more people to Aeon Tebrau, Johor. I can't say for KL. So long term sure recover and currently this is a good buy. I'll accumulate as many as possible before everything fully recover.
Current price is still attractive so yeap. RCE CAP too, don't miss the hidden gem of RCE CAP.
IMO, the recent down trend could be due to omicron case surge, and also the upcoming rise of interest rate, where people will have less pocket money to do shopping.
However the good news is, the upcoming dividend payout is going to be 0.0217sen, so if it can maintain same payout for all quaters, it would still yield to a handsome 5.8% dividend rate, which is much higher than conventional FD rate.
the drop in price is expected due to C19 cases going up everyday. you must understand that fund managers dont want to lose their job due to factors outside their control. they are taking precaution. these fund managers can be local or foreign. just hold and in time recovery will take place. the economy cannot forever keep falling. Q1, 2022 will see price increase as malls started getting heavier foot falls. the only reason it falls other than C19 is the possible upcoming election which almost always affect share price. Unless you company relies on using O&G, the war in europe would not negatively affect much. yesterday was just a knee jerk reaction. steady guys and you will be rewarded. like I always said before, someone is shaking the durian tree to see which durians can be collected. hold on to your durians and remember why you bought the durians in the first place.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by firehawk > 2021-09-20 16:31 | Report Abuse
IGBCommercial Reit ---> want to sell also cannot? poise for lose?