Shares & Derivatives
First REIT’s 80% drop explained: Will I buy this REIT at $0.22?
By Financial Horse  •  January 1, 2021
In case you missed it, this is the 1 year chart of First REIT. It’s gone from $1.00 in Jan, to $0.22 this week. For those who are not vested, it’s a very interesting case study. I myself had a lot of fun piecing together the details. So I really wanted to share the story with you guys, and I hope you enjoy it as much as I did! BTW – we share commentary on the COVID crisis every weekend, so please sign up for our mailing list, its absolutely free. It’s a weekly newsletter that goes out every Sunday, and rounds up the week’s posts so you never miss anything. Don’t forget also to join our Telegram Channel! What is going on with First REIT? First REIT is a Singapore listed REIT that owns hospitals in Indonesia. It’s sponsored by the Lippo group in Indonesia, which is owned by the Riady family. A brief timeline of what happened: June 2020...
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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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