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!...