MGCCT got listed on March 2013. It was oversubscribed and the general feeling of the stock market at the time was bullish. I subscribed to this IPO and was one of the lucky people who received allocation of shares. I did a quick flip on the first day of IPO and realized a gain of about 11%.
The reason for selling during the first day of trading and my subsequent relook at the stock more than a year later will be discussed further......This is a guest blog from a regular guest blogger, Solace, on a REIT in his portfolio. I always appreciate Solace's guest blogs which show how much thought he puts into every single one of his investments in the stock market. I hope you find Solace's guest blogs beneficial like I have.
So, here is Solace's Review of
Mapletree Greater China Commercial Trust (MGCCT):
