Personal Finance
Elite Commercial REIT IPO: Update – Why I decided to skip this IPO
By Financial Horse  •  February 1, 2020
In my original review on Elite Commercial REIT’s IPO, I concluded by saying that I wasn’t sure whether I would apply for this IPO. I really like the stability of cash flows, the yield, and the long-term visibility of earnings. But at the same time, I didn’t like the small cap nature, the (lack of) track record from the Sponsor, and the entire Wuhan Flu situation. I concluded by saying that I needed more time to think through the issue, and I would make my decision before the IPO. Now quite a few of you guys have left comments or written in to share your thought process on whether to apply for this IPO, so a big shout out to each and every one of you who did. Truly touched by the open sharing of information, and from the bottom of my heart, I sincerely thank you!...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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