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SRS Portfolio – 18 Apr 2020. A dead cat bounce?
By Mr. IPO  •  April 18, 2020

I bought 30,000 units of Capitacommercial Trust at 151 cents this week. My order of Mapletree Commercial Trust at 172 wasn't completed as the price moved away from me and of all the REITs, Mapletree is trading at par whereas the rest are of better value. 
I guess during times of duress, those with better credit quality or with a strong parent will perform better.
Wifey's Netlink Trust also rebounded back to "pre-covid-19" levels. The "WFH" phenomenon is benefiting Netlink as people realised that they need a better internet connection to work efficiently from home. Stocks like Sheng Shiong also benefited from this WFH phenomenon where people cook more and eat out less.
You can see that i am building a portfolio of REITs in SRS. Other than the Suntec REIT which i could have timed it better, the rest are currently in the money....
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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