The share price of SPH REIT has came down recently from S$1.07 to S$1.03. This has got me worried whether if I missed any bad news on SPH REIT which caused the share price to be on a downtrend. If you are aware of any, please post in the comments below. I have also noticed that I have not reviewed SPH REIT’s 1QFY20 financial results that was released on 10th January 2020.
Investors should know that COVID 19 is not a long term situation but such short term situation does cause panic in the stock market. We all know that retails REITs are impacted by the current COVID 19 situation but could there be any bad news that I have missed for SPH REIT that affects the fundamentals?
Let us take a quick look at SPH REIT’s 1QFY20 financial results.
1QFY20 Financial Results 1QFY20(S$’000) 1QFY19
(S$’000) Change Gross Revenue...