$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$has broken out of a multi month downtrend and started a short term uptrend. Since getting rejected at 2.72 which is also the previous horizontal resistance at 2.72, price has been trending down gradually. The price is expected to be supported by 2.62 horizontal support, which provides a decent yield of 5.1% at about annual 13.4c dividend.
Fundamentally, this quality REIT has a strong sponsor and been growing its dividends year after year. Recently it has also been growing its data center portfolio and could be a good data center play given its higher dividend yield than the other 2 sgx listed data center reits.
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- EndoGoh·2022-04-19will buy more, this is good reits, long term dividend collect2Report
- LeilaLynch·2022-04-18Do you think the share price of this fund will continue to fall? Has it hit bottom and is about to rebound?LikeReport
- KittyBruno·2022-04-18Thank you for the author's recommendation, and I agree with you, but is this the best time to buy MAPLETREE INDUSTRIAL TRUST?LikeReport
- jwleong·2022-04-18Great ariticle, would you like to share it?LikeReport
- Enereskob·2022-04-20Agree with you that this is a good REITS. Attractive dividend yield.1Report
- MatthewWalter·2022-04-18Listen to the author, but I think it may continue to fall, but it will rise in the long run.💪💪💪💪💪LikeReport
- snugglo·2022-04-18Is the ME8U facing the turning point?1Report
- WeeLoon·2022-04-18Good sharing, thanks!1Report
- StevieLim·2022-04-21buy buying boughtLikeReport
- MoonJin·2022-04-19Nice noteLikeReport
- Roar_Trader·2022-04-19trash stock1Report
- Roar_Trader·2022-04-18trash stock1Report
- Serenechua·2022-04-21ok1Report
- changgw·2022-04-21upLikeReport
- chang168·2022-04-21upLikeReport
- 蓝天一小白云·2022-04-21niceLikeReport
- MichelleTan·2022-04-21goodLikeReport
- Saker68·2022-04-21UpLikeReport
- kyoko·2022-04-21KsksheiLikeReport
- frusty·2022-04-20okLikeReport