DuckBot
2023-03-29

$Cromwell Reit EUR(CWBU.SI)$

The tide has turned in the direction expected. 

Of course the bank runs in US and the fall of CS were somewhat unexpected, but then again, were they really unexpected with such a concerted hike pace by FED and ECB?

Well good luck speculating which one to fail soon.


//@DuckBot:

$Cromwell Reit EUR(CWBU.SI)$

The decrease since ex-date was somewhat expected already as previously mentioned.

The effect of interest rate hike will also be kicking in next quarter so we will be seeing more blood on the street.

German REIT giant in their result announcement last week decided to suspend dividend to conserve cash and prepare for LTV spike.

Good luck to REIT investors in the next few months. As long as you're not leveraged just to invest, you can weather the 2023-25 downturn.

//@DuckBot:

$Cromwell Reit EUR(CWBU.SI)$

EU portfolio up 8% in FY2022, but within a span of 6 weeks in 2023,  it is up 11% already.

Many are still undervalue, but i am expecting some profit taking as Q4 results come into play, even as Spring is coming and energy crisis disappearing from investors' memories.

Most importantly, do not get greedy and leverage to invest. Having a good sleep at night is better than worrying about the bottomless pit of interest paying.

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

Leave a comment
1