But, the train will depart soon.
While LINK REIT has more limited downside than upside, there are a couple of important factors which determine how soon the stock skyrockets further : (1) will FED cut rate as estimated by the market? (2) positive HK retail sales data in the near future (3) of course, its next QR report
The market has dumped LINK REIT greatly in the past years. Any slight positive news will fuel its acceleration.
So many banks have reduced their TP during its last QR (which I think was a good result). It is time to slap their face ;)
Again, this is a REIT. This is not a pink stock. It's yielding at least 7.5% DY if you buy it below HKD 35 and its DY will possibly increase in the coming years.
Please, don't expect the same stock gain every day for LINK REIT. If you can't hold it for 10 years or even longer, go somewhere else
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