Shares & Derivatives
Ascendas Reit: A weird share price pattern?
By Sillyinvestor  •  November 12, 2016
I am writing here because I felt there might be some "pattern" in Ascendas Price movement. Granted, all industrial reits are facing some weakness with fear of interest rate hike and spike in industrial vacancy. But lets start with this picture. If only this is the chart for its share price. You can see from here, with the exception of GFC, A-reit has an unblemished track records for raising DPU. Of course amount available for distribution grow much faster than increase in DPU, due to dilution of shares. And we are going to have the ECS issue overhang now, beyond the macro issues of Interest rate hike and vacancy. But what I want to point out is there is always a fall in price following an announcement of placement and then followed by an recovery in price. I would like to give credit to A-reit Website, it made tracking ......
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By Sillyinvestor
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