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.

@DuckBot：Have been loading up European REITs since late 2022 during the hike hype on Paris, Luxembourg and Madrid bourses. This morning bought into $CWBU on SGX for the yield and book discount. Investors tend to forget that Europe always recovers, if anyone still remember the PIIGS. Europe is also home to some of the world's largest pharmaceutical, technology and industrial behemoths. Time again will tell if these are good calls.
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