$CapLand Ascendas REIT(A17U.SI)$
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.
https://sporeshare.blogspot.com/2024/12/capitaland-ascendas-reit-she-is-trading.html
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