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Does Fortune Favour Fortune REIT?
By ProButterfly  •  November 23, 2018
by: Dean Goh All examples and stocks quoted here in this article and on the ProButterflyTM and REITScreenerTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor. Since plunging to a low of HKD 1.65 a few months after its IPO listing in 2007, Fortune REIT (“Fortune”) has risen steadily to a high of HKD 10.04 at the end of 2016 (a more than 500% increase). However, just last month, Fortune hit a new low of HKD 8.56 since more than a year ago. Fortune has consistently traded below its fair value, and its current trading price (at point of writing) HKD 8.86, makes Fortune an even more undervalued stock ...
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By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
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