Shares & Derivatives
Recent Action – CDL Hospitality Trust
By A Path to Forever Financial Freedom (3Fs)  •  December 17, 2016
This should be my last action for the year as I tried to wrap up 2016 and preparing for the new upcoming and exciting year. I accumulated CDL Hospitality Trust for 33,000 shares at a price of $1.31. Together with the existing I have, I now own 40,000 shares of CDLHT. This becomes immediately my top holding going into 2017. I last added CDLHT back in October and you can see my article here. My main thesis for hospitality reits continued to grow stronger as I see decline of revpar slowing down (revpar bottoming) despite influx of incoming supply which has been factored in, discount to historical valuations which I find attractive, and stronger tourist demand coming in from the weaker SGD , completion of terminal 4 and continued initiative from the tourism board to grow on these aspects. Out of all the hospitality reits around, CDLHT remains my ...
...
Read the full article
By A Path to Forever Financial Freedom (3Fs)
If you are looking for a place where you can learn about money management, investing and financial independence, then this site is the right one for you.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance