Saving & Spending
Recent Action – CDL Hospitality Trusts
By A Path to Forever Financial Freedom (3Fs)  •  September 6, 2013
Hospitality sectors have been under huge pressure from the markets in recent months and it is easy to see that from the graphs. On YTD, the shares for CDL Hospitality Trusts have fallen from a 52 week high of $2.12 to today's 52 week low of $1.50. I managed to load them today at $1.505.
 
 
I think the selling in recent months has been quite overdone. We understand that fwd earnings are expected to be lower, but I personally don't expect it to drop a lot. I think EPS will remain slightly lower at $0.11 cents compared to $0.12 last year but it certainly does not justify the huge drop in its price.
 
 
At $1.505, it currently yields on 7.3% forward earnings. I think that's a pretty nice cyclical play on the hospitality sector, not to mention that the Singapore government is ...
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By A Path to Forever Financial Freedom (3Fs)
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