druvaciam
2022-10-30

‌$FIRST REAL ESTATE INV TRUST(AW9U.SI)$‌Do you know why it is down so much? It was 0.75 3 years ago. Is is safe to buy now?

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

  • Kimmeng
    2022-11-01
    Kimmeng
    REIT prices are falling because of interest rate hikes. This caused increases in borrowing cost, higher interest payment and as risk free rate is higher it becomes less attractive to hold REIT for indivdends. In order to counter that, REIT prices have to fall to give a higher dividend yield if it cannot give a higher DPU. This is just maths. However, it is still sensible to hold on or even add on your REIT psoition to seize the opportunity buying good REIT when they are offering a discount. This is only for strong REIT. Not all REIT are the same.
    • KimmengReplydruvaciam: 
      Not sure whether it can turn around after restructuring. But i will look for others instead. look at the reasons why it dropped from more than $1 till less than $0.3 due to the restructuring and right issues etc. No recommendation.
    • druvaciam: 
      Is this reit strong?
  • am56
    2022-10-30
    am56
    I want to know why too. reits are all falling lately. I m holding this bag
  • PagRobinson
    2022-10-30
    PagRobinson
    REIT was once regarded as a stable and safe investment option. Facts proved that the previous idea was wrong.
  • NinaEmmie
    2022-10-30
    NinaEmmie
    The foam of real estate appeared. This is not a good phenomenon. Will the crisis of 2008 reappear?
  • Kat1407
    2022-10-31
    Kat1407
    [Smug]
Leave a comment
7