MaxGain
11-15
$CapLand Ascendas REIT(A17U.SI)$  It has lost more than 20% from the all time high and likely to drop further to below SGD2 if the Federal Reserve decides to stop further rate cuts in Dec and early 2025. May want to consider selling out now and buy later when it goes below

SGD2. Trade cautious and profit well to prosper.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SPOT_ON
    11-21 16:19
    SPOT_ON
    agree at the current p/e : 80... it is ridiculously overpriced
    • MaxGain
      Hoping that it will go below SGD2 or lower before considering buying in.
  • Dwayne Sheng
    11-16
    Dwayne Sheng
    Went in at almost the top, now it's getting depressing [Facepalm] probably need to cut loss soon. Even if it does recover, doubt it'll reach those heights anytime soon
Leave a comment
3
21